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

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St Joseph, MO    Mon Jan 7, 2013     USDA Market News

IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
(Includes all transactions regardless of delivery day)
For Week Ending Sunday, 1/6/2013

Confirmed:       28,485      Last Week:    17,748        Last Year:    15,307

                           LIVE FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         2,028    1,350-1,650     1,490   125.00-130.00  128.34
 65 - 80% Choice         2,163    1,350-1,500     1,434   126.00-129.50  128.17
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        4,191    1,350-1,650     1,461   125.00-130.00  128.25
HEIFERS
 Over 80% Choice           766    1,250-1,400     1,322   127.50-130.00  129.20
 65 - 80% Choice         1,028    1,200-1,350     1,297   127.00-128.00  127.96
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        1,794    1,200-1,400     1,308   127.00-130.00  128.49

                      DRESSED DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         1,508      843-957        901    205.00-206.00  205.21
 65 - 80% Choice         1,805      875-946        915    205.00-205.50  205.07
 35 - 65% Choice         1,147      838-885        874    205.00-205.00  205.00
  0 - 35% Choice                       -                        -
 Total all grades        4,460      838-957        900    205.00-206.00  205.10
HEIFERS
 Over 80% Choice         1,196      750-873        832    202.00-205.00  204.84
 65 - 80% Choice         2,643      734-871        803    204.00-205.00  204.87
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        3,839      734-873        812    202.00-205.00  204.86

                        LIVE DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         1,139    1,400-1,600     1,494   126.00-131.50  127.86
 65 - 80% Choice         1,389    1,350-1,525     1,448   125.50-130.00  129.15
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        2,528    1,350-1,600     1,469   125.50-131.50  128.56
HEIFERS
 Over 80% Choice           252    1,200-1,325     1,286   127.00-130.00  128.85
 65 - 80% Choice         1,087    1,200-1,325     1,270   129.50-130.90  130.22
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        1,339    1,200-1,325     1,273   127.00-130.90  129.96

                         DRESSED FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           719      882-968        941    202.00-205.00  204.11
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          719      882-968        941    202.00-205.00  204.11
HEIFERS
 Over 80% Choice         1,128      832-857        833    202.00-205.00  202.97
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        1,128      832-857        833    202.00-205.00  202.97


WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price
  Live    Steer             4,191     1,460.70        $128.25
  Live    Heifer            1,794     1,307.50        $128.49
  Dressed Steer             4,460       899.80        $205.10
  Dressed Heifer            3,839       811.90        $204.86

SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price
  Live    Steer             2,585     1,469.40        $127.00
  Live    Heifer            2,568     1,308.80        $127.36
  Dressed Steer             4,114       903.10        $202.11
  Dressed Heifer            2,720       789.20        $202.03

SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price
  Live    Steer             3,783     1,445.20        $122.46
  Live    Heifer            1,152     1,267.70        $122.21
  Dressed Steer             2,982       891.10        $196.64
  Dressed Heifer            1,431       771.10        $197.00


WEEKLY PRICE DISTRIBUTION

Live FOB                                 Dressed Delivered
Head       Price                         Head       Price
154        124.00-124.49                 63         202.00-202.49
0          124.50-124.99                 0          202.50-202.99
253        125.00-125.49                 0          203.00-203.49
90         125.50-125.99                 0          203.50-203.99
157        126.00-126.49                 489        204.00-204.49
0          126.50-126.99                 0          204.50-204.99
1,431      127.00-127.49                 10,984     205.00-205.49
719        127.50-127.99                 259        205.50-205.99
2,025      128.00-128.49                 312        206.00-206.49
815        128.50-128.99
1,297      129.00-129.49
529        129.50-129.99
934        130.00-130.49


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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