USDA Market Reports

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

LM_CT167

St Joseph, MO    Mon Jan 12, 2015    USDA Market News



IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES

(Includes all transactions regardless of delivery day)

For Week Ending Sunday, 1/11/2015



Confirmed:       35,345      Last Week:    31,876        Last Year:    26,480



                           LIVE FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         6,499    1,335-1,650     1,513   168.00-172.00  169.50

 65 - 80% Choice         3,119    1,375-1,530     1,477   168.00-171.00  169.75

 35 - 65% Choice           537    1,425-1,435     1,433   170.00-170.00  170.00

  0 - 35% Choice                       -                        -

 Total all grades       10,155    1,335-1,650     1,498   168.00-172.00  169.60

HEIFERS

 Over 80% Choice         2,859    1,250-1,400     1,317   167.00-172.00  169.71

 65 - 80% Choice         3,147    1,225-1,400     1,330   166.00-171.00  169.62

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        6,006    1,225-1,400     1,324   166.00-172.00  169.67



                      DRESSED DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice         1,577      850-953        915    265.00-275.00  269.81

 65 - 80% Choice         4,065      850-953        929    265.00-274.00  269.63

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        5,642      850-953        925    265.00-275.00  269.68

HEIFERS

 Over 80% Choice         1,206      750-901        833    264.00-272.00  270.08

 65 - 80% Choice         2,153      734-950        818    270.00-272.00  270.12

 35 - 65% Choice           107      788-828        811    270.00-270.00  270.00

  0 - 35% Choice                       -                        -

 Total all grades        3,466      734-950        823    264.00-272.00  270.10



                        LIVE DELIVERED BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           885    1,400-1,500     1,459   166.00-172.50  171.53

 65 - 80% Choice           472    1,275-1,426     1,413   170.00-170.00  170.00

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades        1,357    1,275-1,500     1,443   166.00-172.50  171.00

HEIFERS

 Over 80% Choice           733    1,250-1,365     1,299   164.00-171.70  169.53

 65 - 80% Choice           104    1,175-1,250     1,221   166.00-170.80  168.08

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          837    1,175-1,365     1,289   164.00-171.70  169.35



                         DRESSED FOB BASIS - Beef Breeds

                         Head       Weight       Wtd Avg      Price    Wtd Avg

                         Count      Range        Weight       Range     Price

STEERS

 Over 80% Choice           592      882-976        903    268.00-272.00  270.12

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          592      882-976        903    268.00-272.00  270.12

HEIFERS

 Over 80% Choice           188      771-898        846    268.00-270.00  269.60

 65 - 80% Choice                       -                        -

 35 - 65% Choice                       -                        -

  0 - 35% Choice                       -                        -

 Total all grades          188      771-898        846    268.00-270.00  269.60





WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

  Live    Steer            10,155     1,497.60        $169.60

  Live    Heifer            6,006     1,324.10        $169.67

  Dressed Steer             5,642       924.80        $269.68

  Dressed Heifer            3,466       822.90        $270.10



SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price

  Live    Steer             8,854     1,483.40        $166.18

  Live    Heifer            3,702     1,306.60        $165.85

  Dressed Steer             4,417       919.40        $264.83

  Dressed Heifer            4,787       823.30        $265.46



SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price

  Live    Steer             5,346     1,396.70        $139.08

  Live    Heifer            2,762     1,295.20        $138.98

  Dressed Steer             4,227       895.10        $220.48

  Dressed Heifer            2,000       777.30        $220.41





WEEKLY PRICE DISTRIBUTION



Live FOB                                 Dressed Delivered

Head       Price                         Head       Price

76         166.00-166.49                 40         264.00-264.49

0          166.50-166.99                 0          264.50-264.99

181        167.00-167.49                 760        265.00-265.49

0          167.50-167.99                 0          265.50-265.99

1,857      168.00-168.49                 240        266.00-266.49

668        168.50-168.99                 0          266.50-266.99

2,871      169.00-169.49                 91         267.00-267.49

342        169.50-169.99                 0          267.50-267.99

10,071     170.00-170.49                 290        268.00-268.49

240        170.50-170.99                 0          268.50-268.99

1,465      171.00-171.49                 0          269.00-269.49

71         171.50-171.99                 0          269.50-269.99

193        172.00-172.49                 8,259      270.00-270.49

                                         169        270.50-270.99

                                         311        271.00-271.49

                                         0          271.50-271.99

                                         1,313      272.00-272.49

                                         0          272.50-272.99

                                         92         273.00-273.49

                                         0          273.50-273.99

                                         430        274.00-274.49

                                         0          274.50-274.99

                                         125        275.00-275.49

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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