Markets

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

LM_CT167

St Joseph, MO    Mon Dec 29, 2014    USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 12/28/2014



Confirmed:       15,816      Last Week:    16,059        Last Year:    21,099



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,802    1,325-1,500     1,433   160.00-165.00  161.80

 65 - 80% Choice         1,202    1,425-1,575     1,496   160.00-162.00  161.18

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        3,004    1,325-1,575     1,458   160.00-165.00  161.55

HEIFERS

 Over 80% Choice         1,174    1,275-1,350     1,300   159.00-165.00  161.93

 65 - 80% Choice         1,776    1,250-1,450     1,368   160.00-163.00  161.75

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        2,950    1,250-1,450     1,341   159.00-165.00  161.82



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,725      787-1,003      940    255.00-260.00  258.11

 65 - 80% Choice         3,068      859-977        916    253.00-258.00  255.02

 35 - 65% Choice            81      914-914        914    253.00-253.00  253.00

  0 - 35% Choice                       -                        -

 Total all grades        4,874      787-1,003      925    253.00-260.00  256.08

HEIFERS

 Over 80% Choice           464      744-889        793    254.00-260.00  256.13

 65 - 80% Choice         1,239      725-873        806    253.00-258.00  257.07

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,703      725-889        802    253.00-260.00  256.81



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           391    1,300-1,475     1,456   160.00-162.50  162.04

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          391    1,300-1,475     1,456   160.00-162.50  162.04

HEIFERS

 Over 80% Choice            40    1,150-1,150     1,150   160.00-160.00  160.00

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades           40    1,150-1,150     1,150   160.00-160.00  160.00



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           586      800-987        925    252.00-257.00  254.54

 65 - 80% Choice           160      960-960        960    250.00-250.00  250.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          746      800-987        933    250.00-257.00  253.57

HEIFERS

 Over 80% Choice            70      838-838        838    251.00-251.00  251.00

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades           70      838-838        838    251.00-251.00  251.00





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer             3,004     1,458.30        $161.55

  Live    Heifer            2,950     1,341.00        $161.82

  Dressed Steer             4,874       924.60        $256.08

  Dressed Heifer            1,703       802.20        $256.81



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price

  Live    Steer             5,314     1,492.30        $158.58

  Live    Heifer              671     1,290.60        $157.90

  Dressed Steer             4,795       937.30        $249.81

  Dressed Heifer            1,378       831.10        $249.12



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer             3,732     1,437.20        $133.84

  Live    Heifer            1,871     1,264.50        $132.95

  Dressed Steer             2,205       894.20        $212.37

  Dressed Heifer            1,546       794.60        $212.86





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

76         156.00-156.49                 32         250.00-250.49

0          156.50-156.99                 0          250.50-250.99

0          157.00-157.49                 0          251.00-251.49

0          157.50-157.99                 0          251.50-251.99

0          158.00-158.49                 0          252.00-252.49

0          158.50-158.99                 0          252.50-252.99

42         159.00-159.49                 1,502      253.00-253.49

0          159.50-159.99                 0          253.50-253.99

1,398      160.00-160.49                 275        254.00-254.49

34         160.50-160.99                 0          254.50-254.99

1,115      161.00-161.49                 972        255.00-255.49

329        161.50-161.99                 0          255.50-255.99

2,518      162.00-162.49                 591        256.00-256.49

0          162.50-162.99                 0          256.50-256.99

696        163.00-163.49                 804        257.00-257.49

0          163.50-163.99                 0          257.50-257.99

200        164.00-164.49                 2,207      258.00-258.49

0          164.50-164.99                 0          258.50-258.99

194        165.00-165.49                 648        259.00-259.49

                                         0          259.50-259.99

                                         390        260.00-260.49

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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