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

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St Joseph, MO    Mon Mar 25, 2013    USDA Market News

IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
(Includes all transactions regardless of delivery day)
For Week Ending Sunday, 3/24/2013

Confirmed:       14,363      Last Week:    19,674        Last Year:    27,488

                           LIVE FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         1,722    1,400-1,535     1,455   121.00-126.00  124.24
 65 - 80% Choice           942    1,300-1,525     1,442   121.00-125.00  123.49
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        2,664    1,300-1,535     1,450   121.00-126.00  123.98
HEIFERS
 Over 80% Choice           836    1,250-1,370     1,346   123.50-124.50  123.86
 65 - 80% Choice         1,835    1,165-1,365     1,256   123.00-124.00  123.58
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        2,671    1,165-1,370     1,284   123.00-124.50  123.67

                      DRESSED DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           883      875-928        894    198.00-200.00  198.42
 65 - 80% Choice           579      889-914        903    196.00-198.00  196.84
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        1,462      875-928        898    196.00-200.00  197.79
HEIFERS
 Over 80% Choice           205      846-846        846    198.00-198.00  198.00
 65 - 80% Choice           927      756-866        811    197.00-198.00  197.38
 35 - 65% Choice            78      835-835        835    197.00-197.00  197.00
  0 - 35% Choice                       -                        -
 Total all grades        1,210      756-866        818    197.00-198.00  197.46

                        LIVE DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         1,331    1,525-1,600     1,567   124.00-126.50  124.93
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        1,331    1,525-1,600     1,567   124.00-126.50  124.93
HEIFERS
 Over 80% Choice                       -                        -
 65 - 80% Choice            97    1,100-1,225     1,203   122.00-125.00  124.47
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades           97    1,100-1,225     1,203   122.00-125.00  124.47

                         DRESSED FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           397      864-921        892    194.00-198.00  195.89
 65 - 80% Choice            36      877-877        877    197.00-197.00  197.00
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          433      864-921        890    194.00-198.00  195.98
HEIFERS
 Over 80% Choice                       -                        -
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades                      -                        -


WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price
  Live    Steer             2,664     1,450.30        $123.98
  Live    Heifer            2,671     1,284.20        $123.67
  Dressed Steer             1,462       897.60        $197.79
  Dressed Heifer            1,210       818.20        $197.46

SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price
  Live    Steer             2,539     1,475.70        $125.01
  Live    Heifer            1,948     1,371.40        $124.56
  Dressed Steer             2,743       893.20        $199.72
  Dressed Heifer            2,343       839.40        $199.64

SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price
  Live    Steer             7,381     1,404.00        $127.36
  Live    Heifer            3,512     1,281.20        $126.98
  Dressed Steer             4,456       886.00        $203.00
  Dressed Heifer            2,457       806.90        $203.15


WEEKLY PRICE DISTRIBUTION

Live FOB                                 Dressed Delivered
Head       Price                         Head       Price
394        121.00-121.49                 254        196.00-196.49
0          121.50-121.99                 0          196.50-196.99
0          122.00-122.49                 1,059      197.00-197.49
0          122.50-122.99                 0          197.50-197.99
179        123.00-123.49                 1,624      198.00-198.49
2,299      123.50-123.99                 0          198.50-198.99
4,163      124.00-124.49                 296        199.00-199.49
235        124.50-124.99                 0          199.50-199.99
942        125.00-125.49                 36         200.00-200.49
0          125.50-125.99
238        126.00-126.49


Source:    USDA Market News Service, St. Joseph, MO
           816-676-7000    email:  stjoe.lgmn@usda.gov
           www.ams.usda.gov/LSMarketNews

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