Advice and Tips

IA-MN Weekly Wtd Avg Direct Slaughter Cattle - Negotiated Sales

LM_CT167

St Joseph, MO    Mon Oct 27, 2014    USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 10/26/2014



Confirmed:       32,970      Last Week:    33,515        Last Year:    24,353



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         6,608    1,325-1,585     1,506   164.00-170.00  167.95

 65 - 80% Choice         4,510    1,325-1,575     1,487   163.00-170.00  168.56

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades       11,118    1,325-1,585     1,498   163.00-170.00  168.20

HEIFERS

 Over 80% Choice         3,845    1,200-1,400     1,300   165.00-170.00  168.86

 65 - 80% Choice         1,713    1,275-1,350     1,323   167.00-170.00  168.45

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        5,558    1,200-1,400     1,307   165.00-170.00  168.73



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,517      825-1,014      927    260.00-266.00  263.74

 65 - 80% Choice         2,308      835-969        928    258.00-265.00  264.07

 35 - 65% Choice           220      906-921        914    264.00-265.00  264.45

  0 - 35% Choice                       -                        -

 Total all grades        4,045      825-1,014      927    258.00-266.00  263.97

HEIFERS

 Over 80% Choice         1,187      762-896        824    260.00-265.00  264.32

 65 - 80% Choice         1,487      740-896        821    263.00-265.00  264.54

 35 - 65% Choice            11      828-828        828    264.00-264.00  264.00

  0 - 35% Choice                       -                        -

 Total all grades        2,685      740-896        823    260.00-265.00  264.44



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,450    1,300-1,550     1,449   160.00-170.00  168.53

 65 - 80% Choice            35    1,325-1,325     1,325   166.00-166.00  166.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,485    1,300-1,550     1,446   160.00-170.00  168.47

HEIFERS

 Over 80% Choice           351    1,200-1,475     1,372   166.50-170.00  168.67

 65 - 80% Choice           200    1,300-1,300     1,300   170.80-170.80  170.80

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          551    1,200-1,475     1,346   166.50-170.80  169.44



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           112      838-936        891    263.00-265.00  264.02

 65 - 80% Choice           117      904-904        904    265.00-265.00  265.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          229      838-936        898    263.00-265.00  264.52

HEIFERS

 Over 80% Choice            80      768-768        768    263.00-263.00  263.00

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades           80      768-768        768    263.00-263.00  263.00





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer            11,118     1,498.30        $168.20

  Live    Heifer            5,558     1,306.80        $168.73

  Dressed Steer             4,045       926.70        $263.97

  Dressed Heifer            2,685       822.50        $264.44



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price

  Live    Steer             9,533     1,467.30        $163.48

  Live    Heifer            4,851     1,304.60        $163.33

  Dressed Steer             5,457       925.10        $257.59

  Dressed Heifer            3,125       831.50        $257.77



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer             4,374     1,468.00        $130.93

  Live    Heifer            3,688     1,334.70        $130.86

  Dressed Steer             4,466       928.60        $207.11

  Dressed Heifer            2,010       811.00        $206.83





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

78         163.00-163.49                 37         256.00-256.49

0          163.50-163.99                 0          256.50-256.99

80         164.00-164.49                 40         257.00-257.49

0          164.50-164.99                 0          257.50-257.99

605        165.00-165.49                 144        258.00-258.49

0          165.50-165.99                 0          258.50-258.99

1,929      166.00-166.49                 24         259.00-259.49

200        166.50-166.99                 0          259.50-259.99

2,412      167.00-167.49                 344        260.00-260.49

350        167.50-167.99                 0          260.50-260.99

3,834      168.00-168.49                 0          261.00-261.49

588        168.50-168.99                 0          261.50-261.99

2,036      169.00-169.49                 140        262.00-262.49

180        169.50-169.99                 0          262.50-262.99

7,226      170.00-170.49                 704        263.00-263.49

                                         0          263.50-263.99

                                         2,579      264.00-264.49

                                         0          264.50-264.99

                                         4,429      265.00-265.49

                                         0          265.50-265.99

                                         70         266.00-266.49

Source:    USDA Market News Service, St. Joseph, MO

           816-676-7000    email:  stjoe.lpgmn@usda.gov

           www.ams.usda.gov/LSMarketNews



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