Markets

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

LM_CT167

St Joseph, MO    Mon Nov 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, 11/16/2014



Confirmed:       35,646      Last Week:    25,070        Last Year:    15,319



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         3,084    1,300-1,600     1,478   165.00-170.00  168.50

 65 - 80% Choice         3,687    1,275-1,550     1,481   167.00-170.00  169.10

 35 - 65% Choice           440    1,465-1,540     1,520   168.00-168.50  168.36

  0 - 35% Choice                       -                        -

 Total all grades        7,211    1,275-1,600     1,482   165.00-170.00  168.80

HEIFERS

 Over 80% Choice         3,206    1,240-1,465     1,318   167.00-170.00  168.78

 65 - 80% Choice         4,069    1,200-1,385     1,335   168.00-170.00  169.58

 35 - 65% Choice           440    1,325-1,450     1,336   168.00-170.00  169.82

  0 - 35% Choice                       -                        -

 Total all grades        7,715    1,200-1,465     1,328   167.00-170.00  169.26



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         2,605      781-1,006      922    262.00-267.00  264.70

 65 - 80% Choice         4,108      822-980        947    263.00-267.00  264.52

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        6,713      781-1,006      937    262.00-267.00  264.59

HEIFERS

 Over 80% Choice         1,041      750-960        832    260.00-267.00  265.11

 65 - 80% Choice           805      671-860        826    262.00-267.00  265.05

 35 - 65% Choice           211      851-873        865    265.00-267.00  266.28

  0 - 35% Choice                       -                        -

 Total all grades        2,057      671-960        833    260.00-267.00  265.21



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           626    1,350-1,550     1,460   167.00-170.00  167.95

 65 - 80% Choice           354    1,375-1,425     1,420   168.00-170.00  168.19

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          980    1,350-1,550     1,445   167.00-170.00  168.04

HEIFERS

 Over 80% Choice            11    1,285-1,285     1,285   166.00-166.00  166.00

 65 - 80% Choice           239    1,275-1,325     1,318   167.50-170.00  169.62

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          250    1,275-1,325     1,316   166.00-170.00  169.46



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,241      768-1,016      947    258.00-265.00  263.36

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,241      768-1,016      947    258.00-265.00  263.36

HEIFERS

 Over 80% Choice           253      790-809        802    262.00-265.00  263.21

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          253      790-809        802    262.00-265.00  263.21





WEEKLY ACCUMULATED     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 WEEK  Head Count    Avg Weight      Avg Price

  Live    Steer             9,270     1,483.50        $165.96

  Live    Heifer            3,122     1,340.70        $166.14

  Dressed Steer             4,172       935.90        $261.76

  Dressed Heifer            1,226       821.50        $262.31



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer             3,995     1,464.60        $131.02

  Live    Heifer            1,301     1,332.30        $130.89

  Dressed Steer             3,655       939.90        $208.04

  Dressed Heifer              933       810.50        $207.31





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

38         164.00-164.49                 55         260.00-260.49

0          164.50-164.99                 0          260.50-260.99

316        165.00-165.49                 0          261.00-261.49

0          165.50-165.99                 0          261.50-261.99

231        166.00-166.49                 320        262.00-262.49

0          166.50-166.99                 0          262.50-262.99

1,900      167.00-167.49                 713        263.00-263.49

558        167.50-167.99                 0          263.50-263.99

2,544      168.00-168.49                 4,387      264.00-264.49

434        168.50-168.99                 0          264.50-264.99

3,671      169.00-169.49                 4,141      265.00-265.49

1,235      169.50-169.99                 70         265.50-265.99

7,292      170.00-170.49                 476        266.00-266.49

                                         0          266.50-266.99

                                         2,500      267.00-267.49

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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