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

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St Joseph, MO    Mon Mar 17, 2014    USDA Market News

IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
(Includes all transactions regardless of delivery day)
For Week Ending Sunday, 3/16/2014

Confirmed:       29,161      Last Week:    14,802        Last Year:    19,674

                           LIVE FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         3,015    1,350-1,550     1,424   146.50-151.00  149.30
 65 - 80% Choice         2,321    1,275-1,475     1,362   149.00-151.00  150.28
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        5,336    1,275-1,550     1,397   146.50-151.00  149.72
HEIFERS
 Over 80% Choice         1,006    1,200-1,420     1,283   147.00-152.00  150.06
 65 - 80% Choice         1,579    1,200-1,375     1,290   147.00-150.50  149.00
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        2,585    1,200-1,420     1,287   147.00-152.00  149.41

                      DRESSED DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         1,740      850-1,008      911    239.00-241.50  240.29
 65 - 80% Choice         2,575      787-914        865    238.00-240.00  239.96
 35 - 65% Choice           200      856-950        931    240.00-240.00  240.00
  0 - 35% Choice                       -                        -
 Total all grades        4,515      787-1,008      885    238.00-241.50  240.09
HEIFERS
 Over 80% Choice           401      716-850        804    240.00-241.00  240.11
 65 - 80% Choice         2,046      734-841        809    240.00-240.00  240.00
 35 - 65% Choice         1,507      740-950        929    240.00-240.00  240.00
  0 - 35% Choice                       -                        -
 Total all grades        3,954      716-950        854    240.00-241.00  240.01

                        LIVE DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         1,364    1,300-1,500     1,440   147.00-152.00  150.43
 65 - 80% Choice           532    1,300-1,425     1,323   149.00-150.00  149.91
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        1,896    1,300-1,500     1,407   147.00-152.00  150.28
HEIFERS
 Over 80% Choice                       -                        -
 65 - 80% Choice           294    1,175-1,250     1,222   149.00-150.00  149.54
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          294    1,175-1,250     1,222   149.00-150.00  149.54

                         DRESSED FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         1,684      736-960        885    235.00-240.00  237.54
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        1,684      736-960        885    235.00-240.00  237.54
HEIFERS
 Over 80% Choice            38      850-850        850    239.00-239.00  239.00
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades           38      850-850        850    239.00-239.00  239.00


WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price
  Live    Steer             5,336     1,396.60        $149.72
  Live    Heifer            2,585     1,287.30        $149.41
  Dressed Steer             4,515       885.30        $240.09
  Dressed Heifer            3,954       854.00        $240.01

SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price
  Live    Steer             2,714     1,417.20        $148.19
  Live    Heifer            2,526     1,294.80        $147.60
  Dressed Steer             1,785       870.40        $238.76
  Dressed Heifer              708       798.50        $236.19

SAME PERIOD LAST YEAR  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


WEEKLY PRICE DISTRIBUTION

Live FOB                                 Dressed Delivered
Head       Price                         Head       Price
75         146.00-146.49                 46         236.00-236.49
233        146.50-146.99                 0          236.50-236.99
372        147.00-147.49                 36         237.00-237.49
0          147.50-147.99                 0          237.50-237.99
621        148.00-148.49                 92         238.00-238.49
0          148.50-148.99                 0          238.50-238.99
2,476      149.00-149.49                 119        239.00-239.49
284        149.50-149.99                 0          239.50-239.99
3,641      150.00-150.49                 13,582     240.00-240.49
1,263      150.50-150.99                 0          240.50-240.99
1,091      151.00-151.49                 408        241.00-241.49
0          151.50-151.99                 150        241.50-241.99
80         152.00-152.49                 36         242.00-242.49


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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