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

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LM_CT167
St Joseph, MO    Mon May 20, 2013    USDA Market News

CERTAIN DAILY, WEEKLY, & MONTHLY REGIONAL, 5-AREA, & NATIONAL CATTLE REPORTS
HAVE BEEN  CORRECTED FROM APRIL 12, 2013 THROUGH MAY 6, 2013, DUE TO THE
INADVERTENT OMISSION OF NEGOTIATED CASH TRANSACTION DATA FROM THE REPORTS. THE
CORRECTED REPORTS CAN BE FOUND AT THE FOLLOWING PAGE:
http://www.ams.usda.gov/AMSv1.0/ams.fetchTemplateData.do?template=TemplateA&page
=LSMNHTMLTestPage#Top

IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
(Includes all transactions regardless of delivery day)
For Week Ending Sunday, 5/19/2013

Confirmed:       29,508      Last Week:    19,943        Last Year:    30,927

                           LIVE FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         1,501    1,250-1,625     1,415   123.00-128.00  125.42
 65 - 80% Choice         1,083    1,350-1,430     1,386   124.00-125.50  124.59
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        2,584    1,250-1,625     1,403   123.00-128.00  125.07
HEIFERS
 Over 80% Choice         1,001    1,150-1,300     1,258   123.00-128.00  125.86
 65 - 80% Choice         1,008    1,150-1,400     1,245   124.00-125.50  125.11
 35 - 65% Choice            90    1,200-1,200     1,200   123.00-123.00  123.00
  0 - 35% Choice                       -                        -
 Total all grades        2,099    1,150-1,400     1,249   123.00-128.00  125.38

                      DRESSED DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         2,200      832-947        880    198.00-203.00  200.34
 65 - 80% Choice         4,724      765-950        886    198.00-202.00  200.64
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        6,924      765-950        884    198.00-203.00  200.55
HEIFERS
 Over 80% Choice           482      750-825        796    198.00-203.00  200.50
 65 - 80% Choice         1,740      719-950        811    198.00-202.00  199.40
 35 - 65% Choice           141      740-740        740    197.00-197.00  197.00
  0 - 35% Choice                       -                        -
 Total all grades        2,363      719-950        804    197.00-203.00  199.48

                        LIVE DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         1,005    1,275-1,450     1,401   126.00-128.50  128.05
 65 - 80% Choice           297    1,300-1,350     1,340   124.00-126.00  125.01
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        1,302    1,275-1,450     1,387   124.00-128.50  127.36
HEIFERS
 Over 80% Choice           287    1,225-1,300     1,271   123.00-128.50  125.15
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          287    1,225-1,300     1,271   123.00-128.50  125.15

                         DRESSED FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         4,579      816-955        883    197.00-200.00  199.25
 65 - 80% Choice           190      928-928        928    201.00-201.00  201.00
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        4,769      816-955        885    197.00-201.00  199.32
HEIFERS
 Over 80% Choice           355      768-803        782    197.00-200.00  198.85
 65 - 80% Choice            43      744-744        744    200.00-200.00  200.00
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          398      744-803        778    197.00-200.00  198.97


WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price
  Live    Steer             2,584     1,402.50        $125.07
  Live    Heifer            2,099     1,249.00        $125.38
  Dressed Steer             6,924       884.00        $200.55
  Dressed Heifer            2,363       804.10        $199.48

SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price
  Live    Steer             4,000     1,377.10        $126.80
  Live    Heifer            3,902     1,246.50        $126.90
  Dressed Steer             4,255       863.30        $203.06
  Dressed Heifer            1,663       769.90        $201.63

SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price
  Live    Steer             6,685     1,371.10        $122.80
  Live    Heifer            3,300     1,242.40        $121.95
  Dressed Steer             6,475       852.80        $194.64
  Dressed Heifer            2,120       798.50        $194.70


WEEKLY PRICE DISTRIBUTION

Live FOB                                 Dressed Delivered
Head       Price                         Head       Price
90         121.00-121.49                 141        197.00-197.49
0          121.50-121.99                 0          197.50-197.99
0          122.00-122.49                 4,488      198.00-198.49
0          122.50-122.99                 0          198.50-198.99
330        123.00-123.49                 613        199.00-199.49
0          123.50-123.99                 0          199.50-199.99
1,295      124.00-124.49                 828        200.00-200.49
1,124      124.50-124.99                 0          200.50-200.99
3,491      125.00-125.49                 3,164      201.00-201.49
1,130      125.50-125.99                 0          201.50-201.99
570        126.00-126.49                 2,899      202.00-202.49
0          126.50-126.99                 0          202.50-202.99
251        127.00-127.49                 161        203.00-203.49
0          127.50-127.99
389        128.00-128.49


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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