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

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LM_CT167
St Joseph, MO    Mon Apr 22, 2013    USDA Market News

IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
(Includes all transactions regardless of delivery day)
For Week Ending Sunday, 4/21/2013

Confirmed:       13,278      Last Week:    13,402        Last Year:    26,073

                           LIVE FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           671    1,250-1,550     1,474   125.00-128.00  126.24
 65 - 80% Choice           423    1,325-1,450     1,413   124.00-125.00  124.09
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        1,094    1,250-1,550     1,450   124.00-128.00  125.41
HEIFERS
 Over 80% Choice           309    1,230-1,250     1,237   126.00-128.00  126.74
 65 - 80% Choice            41    1,225-1,225     1,225   124.00-124.00  124.00
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          350    1,225-1,250     1,236   124.00-128.00  126.42

                      DRESSED DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         1,185      850-920        894    198.00-202.00  200.09
 65 - 80% Choice         1,380      841-950        890    197.00-202.00  200.48
 35 - 65% Choice           149      822-822        822    198.00-198.00  198.00
  0 - 35% Choice                       -                        -
 Total all grades        2,714      822-950        888    197.00-202.00  200.17
HEIFERS
 Over 80% Choice           903      784-819        807    200.00-203.00  201.34
 65 - 80% Choice           999      734-950        805    198.00-202.00  199.49
 35 - 65% Choice           302      766-775        769    198.00-198.00  198.00
  0 - 35% Choice                       -                        -
 Total all grades        2,204      734-950        801    198.00-203.00  200.04

                        LIVE DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           147    1,325-1,450     1,357   124.00-126.50  125.87
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          147    1,325-1,450     1,357   124.00-126.50  125.87
HEIFERS
 Over 80% Choice                       -                        -
 65 - 80% Choice           295    1,075-1,300     1,255   124.00-125.50  125.15
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          295    1,075-1,300     1,255   124.00-125.50  125.15

                         DRESSED FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           964      828-967        921    198.00-200.00  199.24
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          964      828-967        921    198.00-200.00  199.24
HEIFERS
 Over 80% Choice           156      740-819        798    198.00-200.00  198.54
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          156      740-819        798    198.00-200.00  198.54


WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price
  Live    Steer             1,094     1,450.40        $125.41
  Live    Heifer              350     1,236.00        $126.42
  Dressed Steer             2,714       887.80        $200.17
  Dressed Heifer            2,204       800.90        $200.04

SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price
  Live    Steer             3,240     1,438.30        $126.82
  Live    Heifer            2,127     1,278.90        $126.62
  Dressed Steer             2,071       879.40        $200.94
  Dressed Heifer              785       783.50        $200.83

SAME PERIOD LAST YEAR  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


WEEKLY PRICE DISTRIBUTION

Live FOB                                 Dressed Delivered
Head       Price                         Head       Price
426        124.00-124.49                 1,527      197.00-197.49
0          124.50-124.99                 0          197.50-197.99
833        125.00-125.49                 2,467      198.00-198.49
0          125.50-125.99                 0          198.50-198.99
632        126.00-126.49                 0          199.00-199.49
152        126.50-126.99                 0          199.50-199.99
208        127.00-127.49                 741        200.00-200.49
0          127.50-127.99                 0          200.50-200.99
191        128.00-128.49                 2,027      201.00-201.49
                                         0          201.50-201.99
                                         1,218      202.00-202.49
                                         0          202.50-202.99
                                         160        203.00-203.49
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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