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

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St Joseph, MO    Mon Jan 21, 2013    USDA Market News

IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
(Includes all transactions regardless of delivery day)
For Week Ending Sunday, 1/20/2013

Confirmed:       7,963       Last Week:    16,154        Last Year:    29,132

                           LIVE FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           683    1,425-1,550     1,504   122.00-125.50  123.33
 65 - 80% Choice         1,786    1,425-1,500     1,475   122.00-124.00  122.26
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        2,469    1,425-1,550     1,483   122.00-125.50  122.56
HEIFERS
 Over 80% Choice           240    1,300-1,300     1,300   122.00-122.00  122.00
 65 - 80% Choice           421    1,250-1,440     1,381   122.00-124.00  122.62
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          661    1,250-1,440     1,352   122.00-124.00  122.40

                      DRESSED DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           782      812-944        877    195.00-203.00  197.70
 65 - 80% Choice         1,156      813-946        907    195.00-199.00  197.17
 35 - 65% Choice            55      953-953        953    198.00-198.00  198.00
  0 - 35% Choice                       -                        -
 Total all grades        1,993      812-953        897    195.00-203.00  197.40
HEIFERS
 Over 80% Choice           285      765-806        782    195.00-201.00  196.87
 65 - 80% Choice           276      834-834        834    200.00-200.00  200.00
 35 - 65% Choice            80      740-740        740    195.00-195.00  195.00
  0 - 35% Choice                       -                        -
 Total all grades          641      740-834        799    195.00-201.00  197.99

                        LIVE DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           140    1,550-1,550     1,550   127.00-127.00  127.00
 65 - 80% Choice           148    1,450-1,450     1,450   121.00-125.00  122.89
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          288    1,450-1,550     1,499   121.00-127.00  124.89
HEIFERS
 Over 80% Choice                       -                        -
 65 - 80% Choice           265    1,150-1,275     1,220   123.00-124.50  123.64
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          265    1,150-1,275     1,220   123.00-124.50  123.64

                         DRESSED FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           117      816-816        816    196.00-196.00  196.00
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          117      816-816        816    196.00-196.00  196.00
HEIFERS
 Over 80% Choice           155      774-816        795    196.00-200.00  197.03
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          155      774-816        795    196.00-200.00  197.03


WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price
  Live    Steer             2,469     1,483.20        $122.56
  Live    Heifer              661     1,351.50        $122.40
  Dressed Steer             1,993       896.50        $197.40
  Dressed Heifer              641       799.10        $197.99

SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price
  Live    Steer             1,638     1,463.10        $125.88
  Live    Heifer              742     1,380.70        $125.20
  Dressed Steer             6,277       907.10        $202.61
  Dressed Heifer            2,980       808.10        $202.84

SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price
  Live    Steer             5,842     1,433.40        $125.80
  Live    Heifer            2,418     1,273.10        $126.22
  Dressed Steer             8,324       908.90        $202.74
  Dressed Heifer            1,825       789.80        $201.97


WEEKLY PRICE DISTRIBUTION

Live FOB                                 Dressed Delivered
Head       Price                         Head       Price
2,848      122.00-122.49                 53         194.00-194.49
0          122.50-122.99                 0          194.50-194.99
0          123.00-123.49                 690        195.00-195.49
43         123.50-123.99                 0          195.50-195.99
398        124.00-124.49                 209        196.00-196.49
0          124.50-124.99                 0          196.50-196.99
34         125.00-125.49                 985        197.00-197.49
210        125.50-125.99                 0          197.50-197.99
                                         633        198.00-198.49
                                         0          198.50-198.99
                                         204        199.00-199.49
                                         0          199.50-199.99
                                         276        200.00-200.49
                                         0          200.50-200.99
                                         35         201.00-201.49
                                         0          201.50-201.99
                                         0          202.00-202.49
                                         0          202.50-202.99
                                         160        203.00-203.49
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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