Markets

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



LM_CT129

St Joseph, MO    Mon Nov 24, 2014    USDA Market News



IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

Recap for: Friday, 11/21/2014



Confirmed:       24,711       Week Ago:    33,824        Last Year:    15,842

Week to Date:    29,348       Week Ago:    35,646        Last Year:    19,664



                              LIVE FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         4,328    1,350-1,600    1,507  168.00-171.00   170.04

 65 - 80% Choice         2,529    1,450-1,565    1,506  170.00-171.00   170.30

 35 - 65% Choice           222    1,550-1,550    1,550  170.00-170.00   170.00

  0 - 35% Choice                       -                      -

 Total all grades        7,079    1,350-1,600    1,508  168.00-171.00   170.14

HEIFERS

 Over 80% Choice         1,657    1,245-1,425    1,318  169.00-171.00   170.26

 65 - 80% Choice         2,007    1,250-1,375    1,346  170.00-171.00   170.87

 35 - 65% Choice           133    1,350-1,350    1,350  171.00-171.00   171.00

  0 - 35% Choice                       -                      -

 Total all grades        3,797    1,245-1,425    1,334  169.00-171.00   170.60



                          DRESSED DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,918      806-956       907   266.00-270.00   268.24

 65 - 80% Choice           937      882-962       911   267.00-269.00   267.82

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        2,855      806-962       908   266.00-270.00   268.10

HEIFERS

 Over 80% Choice           873      756-884       813   266.00-270.00   267.94

 65 - 80% Choice         1,492      753-937       828   266.00-268.00   267.48

 35 - 65% Choice            57      830-830       830   266.00-266.00   266.00

  0 - 35% Choice                       -                      -

 Total all grades        2,422      753-937       822   266.00-270.00   267.61



                           LIVE DELIVERED BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice         1,372    1,350-1,575    1,471  168.00-171.50   170.65

 65 - 80% Choice           728    1,325-1,525    1,471  169.00-170.00   169.90

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades        2,100    1,325-1,575    1,471  168.00-171.50   170.39

HEIFERS

 Over 80% Choice           204    1,150-1,325    1,276  169.50-170.00   169.90

 65 - 80% Choice           283    1,200-1,300    1,274  170.00-170.60   170.41

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          487    1,150-1,325    1,275  169.50-170.60   170.20



                             DRESSED FOB BASIS - Beef Breeds

                           Head      Weight     Wtd Avg     Price       Wtd Avg

                           Count     Range      Weight      Range       Price

STEERS

 Over 80% Choice           329      882-930       910   265.00-267.00   266.56

 65 - 80% Choice           115      920-920       920   268.00-268.00   268.00

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades          444      882-930       912   265.00-268.00   266.93

HEIFERS

 Over 80% Choice            40      806-806       806   269.00-269.00   269.00

 65 - 80% Choice                       -                      -

 35 - 65% Choice                       -                      -

  0 - 35% Choice                       -                      -

 Total all grades           40      806-806       806   269.00-269.00   269.00



WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price



 Live    Steer            8,659       1,507.90         169.93

 Live    Heifer           3,940       1,335.20         170.53

 Dressed Steer            2,879         907.10         268.08

 Dressed Heifer           2,876         825.30         267.41



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price



 Live    Steer            7,211       1,482.20         168.80

 Live    Heifer           7,715       1,327.80         169.26

 Dressed Steer            6,713         937.20         264.59

 Dressed Heifer           2,057         833.00         265.21



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price



 Live    Steer            5,369       1,490.60         130.14

 Live    Heifer           1,950       1,305.90         130.30

 Dressed Steer            3,304         910.20         206.60

 Dressed Heifer           1,202         800.90         206.21



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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