Advice and Tips

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

LM_CT167

St Joseph, MO    Mon Nov 3, 2014     USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 11/2/2014



Confirmed:       13,555      Last Week:    32,970        Last Year:    25,027



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         3,432    1,350-1,500     1,460   165.00-170.00  167.14

 65 - 80% Choice           700    1,535-1,535     1,535   166.50-166.50  166.50

 35 - 65% Choice           250    1,380-1,380     1,380   166.50-166.50  166.50

  0 - 35% Choice                       -                        -

 Total all grades        4,382    1,350-1,535     1,468   165.00-170.00  167.00

HEIFERS

 Over 80% Choice           270    1,200-1,350     1,283   167.00-170.00  168.04

 65 - 80% Choice           266    1,300-1,300     1,300   166.00-166.00  166.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          536    1,200-1,350     1,292   166.00-170.00  167.03



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           997      896-967        923    263.00-265.00  264.73

 65 - 80% Choice           525      857-929        909    263.00-265.00  263.57

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,522      857-967        918    263.00-265.00  264.33

HEIFERS

 Over 80% Choice           508      809-897        838    262.00-265.00  263.57

 65 - 80% Choice         1,932      803-880        835    263.00-265.00  263.22

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        2,440      803-897        836    262.00-265.00  263.29



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           374    1,450-1,500     1,485   170.00-171.00  170.32

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          374    1,450-1,500     1,485   170.00-171.00  170.32

HEIFERS

 Over 80% Choice           160    1,200-1,375     1,288   167.00-168.00  167.50

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          160    1,200-1,375     1,288   167.00-168.00  167.50



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,008      848-967        931    263.00-264.00  263.18

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,008      848-967        931    263.00-264.00  263.18

HEIFERS

 Over 80% Choice            40      768-768        768    263.00-263.00  263.00

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades           40      768-768        768    263.00-263.00  263.00





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer             4,382     1,467.70        $167.00

  Live    Heifer              536     1,291.50        $167.03

  Dressed Steer             1,522       917.80        $264.33

  Dressed Heifer            2,440       835.80        $263.29



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer             5,874     1,462.10        $131.75

  Live    Heifer            2,430     1,286.30        $131.48

  Dressed Steer             4,035       933.30        $208.58

  Dressed Heifer            1,452       817.30        $208.14





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

258        165.00-165.49                 57         262.00-262.49

0          165.50-165.99                 0          262.50-262.99

555        166.00-166.49                 2,812      263.00-263.49

2,350      166.50-166.99                 0          263.50-263.99

1,067      167.00-167.49                 721        264.00-264.49

575        167.50-167.99                 0          264.50-264.99

74         168.00-168.49                 1,224      265.00-265.49

0          168.50-168.99                 0          265.50-265.99

0          169.00-169.49                 12         266.00-266.49

0          169.50-169.99                 0          266.50-266.99

599        170.00-170.49                 0          267.00-267.49

                                         0          267.50-267.99

                                         0          268.00-268.49

                                         0          268.50-268.99

                                         240        269.00-269.49

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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