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

LM_CT167
St Joseph, MO    Mon Apr 23, 2012    USDA Market News

IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
(Includes all transactions regardless of delivery day)
For Week Ending Sunday, 4/22/2012

Confirmed:       26,073      Last Week:    24,266        Last Year:    22,498

                           LIVE FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         2,866    1,250-1,500     1,367   121.50-127.00  124.60
 65 - 80% Choice         2,265    1,250-1,425     1,349   122.00-125.00  124.31
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        5,131    1,250-1,500     1,359   121.50-127.00  124.47
HEIFERS
 Over 80% Choice         1,976    1,100-1,350     1,234   120.00-126.00  123.45
 65 - 80% Choice           635    1,100-1,300     1,224   122.00-125.00  123.34
 35 - 65% Choice           150    1,200-1,200     1,200   124.00-124.00  124.00
  0 - 35% Choice                       -                        -
 Total all grades        2,761    1,100-1,350     1,230   120.00-126.00  123.45

                      DRESSED DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           931      806-914        888    195.00-200.00  197.95
 65 - 80% Choice         3,560      787-950        868    195.00-200.00  198.34
 35 - 65% Choice         1,392      784-901        839    195.00-198.00  197.17
  0 - 35% Choice                       -                        -
 Total all grades        5,883      784-950        864    195.00-200.00  198.00
HEIFERS
 Over 80% Choice         1,077      750-879        831    197.00-200.00  198.62
 65 - 80% Choice         2,269      729-950        856    196.00-200.00  198.77
 35 - 65% Choice            38      769-769        769    198.00-198.00  198.00
  0 - 35% Choice                       -                        -
 Total all grades        3,384      729-950        847    196.00-200.00  198.71

                        LIVE DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           751      150-1,450     1,265   122.00-126.00  125.39
 65 - 80% Choice            42    1,375-1,375     1,375   124.00-124.00  124.00
 35 - 65% Choice            42    1,325-1,325     1,325   124.00-124.00  124.00
  0 - 35% Choice                       -                        -
 Total all grades          835      150-1,450     1,274   122.00-126.00  125.25
HEIFERS
 Over 80% Choice           222    1,200-1,200     1,200   123.00-125.00  124.89
 65 - 80% Choice            72    1,175-1,175     1,175   122.00-122.00  122.00
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          294    1,175-1,200     1,194   122.00-125.00  124.18

                         DRESSED FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           621      771-973        925    195.00-198.00  195.21
 65 - 80% Choice           305      866-928        906    196.50-197.00  196.81
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          926      771-973        919    195.00-198.00  195.74
HEIFERS
 Over 80% Choice            84      730-730        730    195.00-195.00  195.00
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades           84      730-730        730    195.00-195.00  195.00


WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price
  Live    Steer             5,131     1,358.60        $124.47
  Live    Heifer            2,761     1,230.00        $123.45
  Dressed Steer             5,883       864.20        $198.00
  Dressed Heifer            3,384       846.90        $198.71

SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price
  Live    Steer             4,491     1,385.90        $123.83
  Live    Heifer            2,692     1,251.30        $122.27
  Dressed Steer             4,245       880.80        $195.09
  Dressed Heifer            3,476       815.80        $196.04

SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price
  Live    Steer             5,166     1,347.80        $120.59
  Live    Heifer            3,097     1,235.40        $119.16
  Dressed Steer             3,874       877.90        $192.01
  Dressed Heifer            2,170       772.10        $191.04


WEEKLY PRICE DISTRIBUTION

Live FOB                                 Dressed Delivered
Head       Price                         Head       Price
168        120.00-120.49                 36         193.50-193.99
0          120.50-120.99                 0          194.00-194.49
0          121.00-121.49                 0          194.50-194.99
84         121.50-121.99                 662        195.00-195.49
638        122.00-122.49                 0          195.50-195.99
598        122.50-122.99                 739        196.00-196.49
1,087      123.00-123.49                 0          196.50-196.99
210        123.50-123.99                 1,339      197.00-197.49
3,093      124.00-124.49                 0          197.50-197.99
165        124.50-124.99                 5,696      198.00-198.49
3,020      125.00-125.49                 0          198.50-198.99
0          125.50-125.99                 427        199.00-199.49
572        126.00-126.49                 0          199.50-199.99
0          126.50-126.99                 3,579      200.00-200.49
392        127.00-127.49


Source:    USDA Market News Service, St. Joseph, MO
           816-238-0678    email:  stjoe.lgmn@usda.gov
           www.ams.usda.gov/LSMarketNews

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