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

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LM_CT167
St Joseph, MO    Mon Sep 16, 2013    USDA Market News

IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
(Includes all transactions regardless of delivery day)
For Week Ending Sunday, 9/15/2013

Confirmed:       21,746      Last Week:    21,556        Last Year:    35,429

                           LIVE FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         3,288    1,350-1,525     1,448   121.50-125.00  123.13
 65 - 80% Choice         1,097    1,275-1,525     1,442   121.75-122.00  121.97
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        4,385    1,275-1,525     1,447   121.50-125.00  122.84
HEIFERS
 Over 80% Choice         1,084    1,200-1,375     1,295   122.00-123.00  122.48
 65 - 80% Choice           443    1,175-1,250     1,221   122.00-122.00  122.00
 35 - 65% Choice            60    1,210-1,210     1,210   122.00-122.00  122.00
  0 - 35% Choice                       -                        -
 Total all grades        1,587    1,175-1,375     1,271   122.00-123.00  122.33

                      DRESSED DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         1,229      787-998        897    192.00-195.00  194.17
 65 - 80% Choice         2,358      799-977        914    193.00-195.00  193.55
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        3,587      787-998        908    192.00-195.00  193.76
HEIFERS
 Over 80% Choice         1,031      771-887        819    193.00-195.00  193.88
 65 - 80% Choice         1,299      759-837        808    193.00-195.00  193.51
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        2,330      759-887        813    193.00-195.00  193.68

                        LIVE DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           865    1,300-1,450     1,427   122.50-125.00  124.67
 65 - 80% Choice            40    1,350-1,350     1,350   121.00-121.00  121.00
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          905    1,300-1,450     1,423   121.00-125.00  124.51
HEIFERS
 Over 80% Choice           197    1,175-1,225     1,200   122.00-123.00  122.39
 65 - 80% Choice           126    1,125-1,175     1,157   120.50-123.00  122.09
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          323    1,125-1,225     1,183   120.50-123.00  122.27

                         DRESSED FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           925      864-975        900    191.00-193.00  192.02
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          925      864-975        900    191.00-193.00  192.02
HEIFERS
 Over 80% Choice           748      771-832        805    191.00-193.00  191.45
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          748      771-832        805    191.00-193.00  191.45


WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price
  Live    Steer             4,385     1,446.50        $122.84
  Live    Heifer            1,587     1,271.10        $122.33
  Dressed Steer             3,587       907.80        $193.76
  Dressed Heifer            2,330       812.80        $193.68

SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price
  Live    Steer             4,082     1,449.30        $122.71
  Live    Heifer            1,221     1,303.40        $122.46
  Dressed Steer             6,525       899.70        $194.14
  Dressed Heifer            1,341       799.70        $193.78

SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price
  Live    Steer            11,326     1,439.10        $124.49
  Live    Heifer            3,505     1,260.90        $124.76
  Dressed Steer             6,471       905.70        $195.34
  Dressed Heifer            2,317       829.80        $195.12


WEEKLY PRICE DISTRIBUTION

Live FOB                                 Dressed Delivered
Head       Price                         Head       Price
36         121.00-121.49                 192        192.00-192.49
459        121.50-121.99                 0          192.50-192.99
3,704      122.00-122.49                 4,049      193.00-193.49
2,246      122.50-122.99                 0          193.50-193.99
990        123.00-123.49                 2,148      194.00-194.49
700        123.50-123.99                 61         194.50-194.99
42         124.00-124.49                 2,240      195.00-195.49
490        124.50-124.99
195        125.00-125.49


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

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