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

LM_CT129
St Joseph, MO    Fri May 11, 2012    USDA Market News

IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
(Includes all transactions regardless of delivery day)
Recap for: Thursday, 5/10/2012

Confirmed:       3,959        Week Ago:     2,954        Last Year:    14,679
Week to Date:    5,698        Week Ago:     8,446        Last Year:    19,331

                              LIVE FOB BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice           643    1,300-1,500    1,383  121.00-123.00   121.85
 65 - 80% Choice           130    1,350-1,350    1,350  121.00-121.00   121.00
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades          773    1,300-1,500    1,378  121.00-123.00   121.70
HEIFERS
 Over 80% Choice            42    1,200-1,200    1,200  123.00-123.00   123.00
 65 - 80% Choice           125    1,200-1,200    1,200  120.00-120.00   120.00
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades          167    1,200-1,200    1,200  120.00-123.00   120.75

                          DRESSED DELIVERED BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice           571      864-929       908   194.50-195.00   194.66
 65 - 80% Choice           410      744-834       812   190.00-193.00   192.87
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades          981      744-929       868   190.00-195.00   193.91
HEIFERS
 Over 80% Choice                       -                      -
 65 - 80% Choice           365      772-772       772   190.00-190.00   190.00
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades          365      772-772       772   190.00-190.00   190.00

                           LIVE DELIVERED BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice           598    1,400-1,450    1,431  123.50-124.00   123.92
 65 - 80% Choice           193    1,300-1,375    1,314  120.00-121.00   120.19
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades          791    1,300-1,450    1,403  120.00-124.00   123.01
HEIFERS
 Over 80% Choice                       -                      -
 65 - 80% Choice                       -                      -
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades                      -                      -

                             DRESSED FOB BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice            33      929-929       929   191.00-191.00   191.00
 65 - 80% Choice                       -                      -
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades           33      929-929       929   191.00-191.00   191.00
HEIFERS
 Over 80% Choice                       -                      -
 65 - 80% Choice            43      775-775       775   190.00-190.00   190.00
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades           43      775-775       775   190.00-190.00   190.00

WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

 Live    Steer              987       1,365.30         121.47
 Live    Heifer             297       1,206.70         120.56
 Dressed Steer            1,181         862.20         193.59
 Dressed Heifer             365         771.80         190.00

SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price

 Live    Steer            2,245       1,367.50         120.16
 Live    Heifer           1,663       1,233.20         118.98
 Dressed Steer              452         860.10         191.69
 Dressed Heifer             687         793.00         192.77

SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price

 Live    Steer            3,549       1,312.00         114.21
 Live    Heifer           1,856       1,184.80         113.57
 Dressed Steer            4,360         870.50         182.86
 Dressed Heifer           1,718         779.60         181.78

Source:    USDA Market News Service, St. Joseph, MO
           816-238-0678    email:  stjoe.lgmn@usda.gov
           www.ams.usda.gov/LSMarketNews

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