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

LM_CT167
St Joseph, MO    Mon Oct 8, 2012     USDA Market News

IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
(Includes all transactions regardless of delivery day)
For Week Ending Sunday, 10/7/2012

Confirmed:       21,916      Last Week:    18,873        Last Year:    25,371

                           LIVE FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         4,250    1,350-1,550     1,451   120.00-123.00  121.83
 65 - 80% Choice         2,437    1,325-1,525     1,435   119.00-124.00  121.23
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        6,687    1,325-1,550     1,446   119.00-124.00  121.61
HEIFERS
 Over 80% Choice         1,574    1,160-1,360     1,283   120.00-123.00  121.51
 65 - 80% Choice           439    1,250-1,300     1,277   122.00-123.00  122.32
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        2,013    1,160-1,360     1,282   120.00-123.00  121.68

                      DRESSED DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         1,424      875-949        919    188.00-192.00  190.19
 65 - 80% Choice         2,404      844-994        908    184.00-192.00  189.28
 35 - 65% Choice           590      912-950        935    185.00-188.00  186.17
  0 - 35% Choice                       -                        -
 Total all grades        4,418      844-994        915    184.00-192.00  189.16
HEIFERS
 Over 80% Choice           514      736-832        794    188.00-192.00  189.69
 65 - 80% Choice         1,216      756-851        795    188.00-192.00  189.88
 35 - 65% Choice            71      861-861        861    188.00-188.00  188.00
  0 - 35% Choice                       -                        -
 Total all grades        1,801      736-861        797    188.00-192.00  189.75

                        LIVE DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           441    1,400-1,425     1,402   121.00-123.00  121.98
 65 - 80% Choice            36    1,350-1,350     1,350   121.00-121.00  121.00
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          477    1,350-1,425     1,398   121.00-123.00  121.91
HEIFERS
 Over 80% Choice           294    1,250-1,350     1,293   119.00-123.00  121.58
 65 - 80% Choice            72    1,375-1,375     1,375   120.00-120.00  120.00
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          366    1,250-1,375     1,309   119.00-123.00  121.27

                         DRESSED FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         1,031      784-940        924    187.00-195.00  189.22
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        1,031      784-940        924    187.00-195.00  189.22
HEIFERS
 Over 80% Choice            85      803-832        817    189.00-191.00  189.94
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades           85      803-832        817    189.00-191.00  189.94


WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price
  Live    Steer             6,687     1,445.50        $121.61
  Live    Heifer            2,013     1,281.60        $121.68
  Dressed Steer             4,418       914.80        $189.16
  Dressed Heifer            1,801       797.20        $189.75

SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price
  Live    Steer             3,017     1,473.70        $120.94
  Live    Heifer            2,112     1,279.30        $121.35
  Dressed Steer             4,722       923.20        $190.72
  Dressed Heifer            3,802       807.30        $191.01

SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price
  Live    Steer             6,736     1,405.50        $120.09
  Live    Heifer            4,223     1,259.30        $120.35
  Dressed Steer             2,928       899.80        $189.46
  Dressed Heifer              897       796.70        $188.73


WEEKLY PRICE DISTRIBUTION

Live FOB                                 Dressed Delivered
Head       Price                         Head       Price
40         118.00-118.49                 320        184.00-184.49
0          118.50-118.99                 0          184.50-184.99
346        119.00-119.49                 402        185.00-185.49
0          119.50-119.99                 0          185.50-185.99
1,821      120.00-120.49                 0          186.00-186.49
640        120.50-120.99                 0          186.50-186.99
2,126      121.00-121.49                 0          187.00-187.49
0          121.50-121.99                 0          187.50-187.99
3,301      122.00-122.49                 895        188.00-188.49
0          122.50-122.99                 0          188.50-188.99
2,121      123.00-123.49                 353        189.00-189.49
0          123.50-123.99                 0          189.50-189.99
76         124.00-124.49                 5,650      190.00-190.49
                                         0          190.50-190.99
                                         233        191.00-191.49
                                         0          191.50-191.99
                                         676        192.00-192.49
Source:    USDA Market News Service, St. Joseph, MO
           816-238-0678    email:  stjoe.lgmn@usda.gov
           www.ams.usda.gov/LSMarketNews

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