Markets

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

LM_CT167

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



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 11/23/2014



Confirmed:       29,348      Last Week:    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         5,616    1,350-1,600     1,505   168.00-171.00  169.81

 65 - 80% Choice         2,821    1,450-1,565     1,510   169.00-171.00  170.17

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

  0 - 35% Choice                       -                        -

 Total all grades        8,659    1,350-1,600     1,508   168.00-171.00  169.93

HEIFERS

 Over 80% Choice         1,699    1,245-1,425     1,318   167.00-171.00  170.17

 65 - 80% Choice         2,108    1,250-1,400     1,348   169.00-171.00  170.78

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

  0 - 35% Choice                       -                        -

 Total all grades        3,940    1,245-1,425     1,335   167.00-171.00  170.53



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,942      750-956        905    265.00-270.00  268.20

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

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        2,879      750-962        907    265.00-270.00  268.08

HEIFERS

 Over 80% Choice         1,037      750-884        805    265.00-270.00  267.51

 65 - 80% Choice         1,782      753-937        837    266.00-268.00  267.40

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

  0 - 35% Choice                       -                        -

 Total all grades        2,876      750-937        825    265.00-270.00  267.41



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,792    1,350-1,575     1,463   167.00-171.50  170.49

 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        2,520    1,325-1,575     1,465   167.00-171.50  170.32

HEIFERS

 Over 80% Choice           240    1,150-1,325     1,272   168.00-170.00  169.62

 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          523    1,150-1,325     1,273   168.00-170.60  170.05



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,094      882-957        926    265.00-267.00  265.47

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

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,209      882-957        926    265.00-268.00  265.71

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





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

42         167.00-167.49                 332        265.00-265.49

0          167.50-167.99                 0          265.50-265.99

160        168.00-168.49                 499        266.00-266.49

0          168.50-168.99                 0          266.50-266.99

2,812      169.00-169.49                 2,126      267.00-267.49

879        169.50-169.99                 0          267.50-267.99

5,648      170.00-170.49                 3,419      268.00-268.49

1,295      170.50-170.99                 0          268.50-268.99

4,598      171.00-171.49                 126        269.00-269.49

0          171.50-171.99                 0          269.50-269.99

210        172.00-172.49                 565        270.00-270.49





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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