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

LM_CT167
St Joseph, MO    Mon Jan 28, 2013    USDA Market News

IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
(Includes all transactions regardless of delivery day)
For Week Ending Sunday, 1/27/2013

Confirmed:       30,410      Last Week:     7,963        Last Year:     7,863

                           LIVE FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         2,775    1,350-1,560     1,484   121.50-126.00  123.71
 65 - 80% Choice         2,087    1,350-1,500     1,452   123.00-126.50  124.13
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        4,862    1,350-1,560     1,470   121.50-126.50  123.89
HEIFERS
 Over 80% Choice           878    1,185-1,370     1,286   122.00-127.00  123.86
 65 - 80% Choice         2,061    1,250-1,350     1,308   123.00-125.00  124.23
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        2,939    1,185-1,370     1,302   122.00-127.00  124.12

                      DRESSED DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         3,108      741-950        888    195.00-200.00  198.33
 65 - 80% Choice         6,418      846-950        912    195.00-200.00  198.58
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        9,526      741-950        904    195.00-200.00  198.50
HEIFERS
 Over 80% Choice           676      724-873        801    196.00-200.00  198.37
 65 - 80% Choice         3,106      744-950        823    195.00-200.00  198.03
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        3,782      724-950        819    195.00-200.00  198.09

                        LIVE DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           876    1,350-1,500     1,455   122.00-129.00  123.98
 65 - 80% Choice           280    1,250-1,450     1,379   124.50-126.00  125.46
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        1,156    1,250-1,500     1,436   122.00-129.00  124.34
HEIFERS
 Over 80% Choice           157    1,250-1,400     1,360   123.00-128.00  124.34
 65 - 80% Choice           599    1,225-1,350     1,305   126.00-126.00  126.00
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          756    1,225-1,400     1,316   123.00-128.00  125.65

                         DRESSED FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           833      896-960        913    194.00-199.50  197.68
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          833      896-960        913    194.00-199.50  197.68
HEIFERS
 Over 80% Choice           246      777-896        822    193.00-199.00  196.21
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          246      777-896        822    193.00-199.00  196.21


WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price
  Live    Steer             4,862     1,470.10        $123.89
  Live    Heifer            2,939     1,301.60        $124.12
  Dressed Steer             9,526       904.10        $198.50
  Dressed Heifer            3,782       819.40        $198.09

SAME PERIOD LAST WEEK  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 YEAR  Head Count    Avg Weight      Avg Price
  Live    Steer             1,582     1,472.60        $123.70
  Live    Heifer              926     1,270.50        $123.58
  Dressed Steer             3,719       893.00        $198.63
  Dressed Heifer              624       782.20        $199.88


WEEKLY PRICE DISTRIBUTION

Live FOB                                 Dressed Delivered
Head       Price                         Head       Price
205        121.50-121.99                 1,228      195.00-195.49
352        122.00-122.49                 0          195.50-195.99
0          122.50-122.99                 93         196.00-196.49
1,460      123.00-123.49                 0          196.50-196.99
163        123.50-123.99                 810        197.00-197.49
5,213      124.00-124.49                 40         197.50-197.99
364        124.50-124.99                 8,518      198.00-198.49
1,318      125.00-125.49                 0          198.50-198.99
0          125.50-125.99                 1,473      199.00-199.49
302        126.00-126.49                 0          199.50-199.99
108        126.50-126.99                 4,093      200.00-200.49
221        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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