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

LM_CT129
St Joseph, MO    Mon May 21, 2012    USDA Market News

IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
(Includes all transactions regardless of delivery day)
Recap for: Friday, 5/18/2012

Confirmed:       28,441       Week Ago:    16,280        Last Year:     1,285
Week to Date:    30,927       Week Ago:    21,990        Last Year:    21,306

                              LIVE FOB BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice         1,877    1,325-1,500    1,387  120.75-126.00   123.35
 65 - 80% Choice         3,775    1,200-1,455    1,371  122.00-123.15   122.83
 35 - 65% Choice           687    1,350-1,365    1,354  120.00-123.00   122.21
  0 - 35% Choice                       -                      -
 Total all grades        6,339    1,200-1,500    1,374  120.00-126.00   122.92
HEIFERS
 Over 80% Choice         1,387    1,165-1,425    1,278  122.00-123.00   122.67
 65 - 80% Choice         1,446    1,145-1,325    1,227  122.00-123.25   122.67
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades        2,833    1,145-1,425    1,252  122.00-123.25   122.67

                          DRESSED DELIVERED BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice         1,006      809-950       893   194.00-195.00   194.85
 65 - 80% Choice         3,700      784-919       851   193.00-195.00   194.73
 35 - 65% Choice         1,296      762-950       823   192.00-195.00   194.88
  0 - 35% Choice           360      864-864       864   193.00-193.00   193.00
 Total all grades        6,362      762-950       853   192.00-195.00   194.68
HEIFERS
 Over 80% Choice           968      688-825       797   192.00-195.00   194.52
 65 - 80% Choice         1,098      725-813       794   193.00-195.00   194.88
 35 - 65% Choice            54      819-950       911   194.00-195.00   194.30
  0 - 35% Choice                       -                      -
 Total all grades        2,120      688-950       799   192.00-195.00   194.70

                           LIVE DELIVERED BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice           791    1,275-1,475    1,415  122.00-125.15   123.74
 65 - 80% Choice           436    1,350-1,400    1,352  122.50-123.00   122.59
 35 - 65% Choice           385    1,350-1,350    1,350  124.15-124.15   124.15
  0 - 35% Choice                       -                      -
 Total all grades        1,612    1,275-1,475    1,382  122.00-125.15   123.53
HEIFERS
 Over 80% Choice            88    1,200-1,225    1,222  122.00-123.00   122.41
 65 - 80% Choice                       -                      -
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades           88    1,200-1,225    1,222  122.00-123.00   122.41

                             DRESSED FOB BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice           646      800-960       937   192.00-196.00   194.13
 65 - 80% Choice           524      819-819       819   194.00-194.00   194.00
 35 - 65% Choice            72      850-850       850   192.00-192.00   192.00
  0 - 35% Choice                       -                      -
 Total all grades        1,242      800-960       882   192.00-196.00   193.95
HEIFERS
 Over 80% Choice           256      752-809       800   192.00-193.00   192.84
 65 - 80% Choice                       -                      -
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades          256      752-809       800   192.00-193.00   192.84

WEEKLY ACCUMULATED     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

SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price

 Live    Steer            5,196       1,361.50         120.69
 Live    Heifer           2,489       1,267.30         120.17
 Dressed Steer            4,058         873.70         192.76
 Dressed Heifer           2,593         832.00         191.60

SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price

 Live    Steer            4,804       1,329.10         110.13
 Live    Heifer           1,478       1,204.00         110.74
 Dressed Steer            5,055         848.70         178.13
 Dressed Heifer           1,447         754.10         177.52

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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