Markets

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

LM_CT167

St Joseph, MO    Mon Dec 15, 2014    USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 12/14/2014



Confirmed:       16,699      Last Week:    19,209        Last Year:    12,076



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,671    1,300-1,550     1,489   159.00-164.00  161.54

 65 - 80% Choice         2,136    1,400-1,565     1,473   160.00-162.00  161.45

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        3,807    1,300-1,565     1,480   159.00-164.00  161.49

HEIFERS

 Over 80% Choice           465    1,250-1,375     1,274   162.00-163.50  162.38

 65 - 80% Choice           262    1,275-1,375     1,319   160.50-162.00  161.35

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          727    1,250-1,375     1,290   160.50-163.50  162.01



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,891      875-981        930    254.00-258.00  256.45

 65 - 80% Choice         4,383      819-973        930    254.00-257.00  255.46

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        6,274      819-981        930    254.00-258.00  255.76

HEIFERS

 Over 80% Choice           524      756-926        848    254.00-258.00  256.52

 65 - 80% Choice         1,244      806-950        838    254.00-256.00  255.45

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,768      756-950        841    254.00-258.00  255.76



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           918    1,400-1,518     1,455   162.00-166.40  163.94

 65 - 80% Choice           275    1,425-1,510     1,503   162.00-166.40  166.05

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,193    1,400-1,518     1,466   162.00-166.40  164.43

HEIFERS

 Over 80% Choice           249    1,250-1,335     1,275   161.00-166.40  164.06

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          249    1,250-1,335     1,275   161.00-166.40  164.06



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           541      850-984        923    253.00-257.00  255.05

 65 - 80% Choice            40      738-738        738    257.00-257.00  257.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          581      738-984        910    253.00-257.00  255.19

HEIFERS

 Over 80% Choice           118      850-854        851    254.00-256.00  255.36

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          118      850-854        851    254.00-256.00  255.36





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer             3,807     1,480.20        $161.49

  Live    Heifer              727     1,290.30        $162.01

  Dressed Steer             6,274       930.10        $255.76

  Dressed Heifer            1,768       840.80        $255.76



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price

  Live    Steer             4,086     1,489.30        $166.07

  Live    Heifer            1,665     1,298.10        $166.66

  Dressed Steer             4,266       921.70        $263.59

  Dressed Heifer            3,560       821.10        $263.34



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer             3,131     1,433.70        $130.38

  Live    Heifer            1,104     1,293.20        $130.75

  Dressed Steer             1,677       913.50        $206.51

  Dressed Heifer              897       794.20        $206.78





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

70         159.00-159.49                 1,304      254.00-254.49

150        159.50-159.99                 0          254.50-254.99

793        160.00-160.49                 2,456      255.00-255.49

114        160.50-160.99                 0          255.50-255.99

894        161.00-161.49                 2,430      256.00-256.49

371        161.50-161.99                 0          256.50-256.99

2,943      162.00-162.49                 1,634      257.00-257.49

0          162.50-162.99                 0          257.50-257.99

0          163.00-163.49                 658        258.00-258.49

117        163.50-163.99

100        164.00-164.49





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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