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

LM_CT167

St Joseph, MO    Mon Nov 10, 2014    USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 11/9/2014



Confirmed:       25,070      Last Week:    13,555        Last Year:    23,120



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         4,045    1,375-1,600     1,473   164.00-167.00  165.89

 65 - 80% Choice         4,898    1,350-1,550     1,488   164.00-167.00  166.07

 35 - 65% Choice           327    1,535-1,535     1,535   165.00-165.00  165.00

  0 - 35% Choice                       -                        -

 Total all grades        9,270    1,350-1,600     1,484   164.00-167.00  165.96

HEIFERS

 Over 80% Choice         2,028    1,175-1,500     1,344   165.00-167.00  166.28

 65 - 80% Choice         1,094    1,250-1,400     1,334   164.00-166.00  165.88

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        3,122    1,175-1,500     1,341   164.00-167.00  166.14



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           906      850-960        906    260.00-264.00  261.88

 65 - 80% Choice         2,961      857-968        944    260.00-263.00  261.80

 35 - 65% Choice           305      944-976        950    255.00-262.00  261.13

  0 - 35% Choice                       -                        -

 Total all grades        4,172      850-976        936    255.00-264.00  261.76

HEIFERS

 Over 80% Choice           668      787-826        819    261.00-264.00  262.57

 65 - 80% Choice           558      806-832        825    262.00-262.00  262.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,226      787-832        822    261.00-264.00  262.31



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           801    1,350-1,550     1,459   164.00-168.00  167.00

 65 - 80% Choice           838    1,325-1,525     1,469   164.00-167.00  166.28

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,639    1,325-1,550     1,464   164.00-168.00  166.63

HEIFERS

 Over 80% Choice           372    1,175-1,325     1,274   165.00-167.00  166.45

 65 - 80% Choice           200    1,200-1,250     1,220   164.00-166.00  165.20

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          572    1,175-1,325     1,255   164.00-167.00  166.01



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           470      816-953        907    260.00-263.00  261.11

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          470      816-953        907    260.00-263.00  261.11

HEIFERS

 Over 80% Choice            40      806-806        806    262.00-262.00  262.00

 65 - 80% Choice            40      834-834        834    261.00-261.00  261.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades           80      806-834        820    261.00-262.00  261.50





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer             9,270     1,483.50        $165.96

  Live    Heifer            3,122     1,340.70        $166.14

  Dressed Steer             4,172       935.90        $261.76

  Dressed Heifer            1,226       821.50        $262.31



SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer             6,661     1,507.60        $129.53

  Live    Heifer            2,514     1,323.40        $129.90

  Dressed Steer             5,409       924.20        $206.32

  Dressed Heifer            2,293       812.10        $206.40





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

40         163.00-163.49                 38         255.00-255.49

0          163.50-163.99                 0          255.50-255.99

420        164.00-164.49                 0          256.00-256.49

160        164.50-164.99                 0          256.50-256.99

1,210      165.00-165.49                 0          257.00-257.49

344        165.50-165.99                 0          257.50-257.99

9,035      166.00-166.49                 43         258.00-258.49

463        166.50-166.99                 0          258.50-258.99

2,226      167.00-167.49                 0          259.00-259.49

                                         0          259.50-259.99

                                         862        260.00-260.49

                                         0          260.50-260.99

                                         36         261.00-261.49

                                         0          261.50-261.99

                                         5,248      262.00-262.49

                                         0          262.50-262.99

                                         438        263.00-263.49

                                         0          263.50-263.99

                                         192        264.00-264.49

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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