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

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LM_CT167
St Joseph, MO    Mon Feb 4, 2013     USDA Market News

IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
(Includes all transactions regardless of delivery day)
For Week Ending Sunday, 2/3/2013

Confirmed:       22,944      Last Week:    30,410        Last Year:    31,850

                           LIVE FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         1,730    1,325-1,570     1,486   123.00-127.00  125.22
 65 - 80% Choice         2,569    1,300-1,550     1,453   124.00-127.00  125.36
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        4,299    1,300-1,570     1,466   123.00-127.00  125.30
HEIFERS
 Over 80% Choice           937    1,250-1,420     1,308   124.00-127.50  125.55
 65 - 80% Choice         1,214    1,185-1,325     1,278   124.00-127.50  125.34
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        2,151    1,185-1,420     1,291   124.00-127.50  125.43

                      DRESSED DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           956      850-935        909    200.00-202.00  201.02
 65 - 80% Choice         2,893      790-937        897    200.00-202.00  200.85
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        3,849      790-937        900    200.00-202.00  200.89
HEIFERS
 Over 80% Choice           795      750-889        810    200.00-202.00  201.04
 65 - 80% Choice         2,926      744-899        805    200.00-202.00  201.78
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        3,721      744-899        806    200.00-202.00  201.62

                        LIVE DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         1,009    1,400-1,475     1,468   123.00-128.00  123.44
 65 - 80% Choice           663    1,350-1,500     1,465   125.50-128.00  127.07
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        1,672    1,350-1,500     1,467   123.00-128.00  124.88
HEIFERS
 Over 80% Choice            62    1,200-1,300     1,218   121.00-124.50  121.62
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades           62    1,200-1,300     1,218   121.00-124.50  121.62

                         DRESSED FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         1,630      834-960        902    196.00-202.00  200.49
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        1,630      834-960        902    196.00-202.00  200.49
HEIFERS
 Over 80% Choice           554      752-848        781    200.00-200.00  200.00
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          554      752-848        781    200.00-200.00  200.00


WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price
  Live    Steer             4,299     1,466.10        $125.30
  Live    Heifer            2,151     1,291.10        $125.43
  Dressed Steer             3,849       900.20        $200.89
  Dressed Heifer            3,721       806.10        $201.62

SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price
  Live    Steer             4,862     1,470.10        $123.89
  Live    Heifer            2,939     1,301.60        $124.12
  Dressed Steer             9,526       904.10        $198.50
  Dressed Heifer            3,782       819.40        $198.09

SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price
  Live    Steer            11,993     1,405.00        $123.84
  Live    Heifer            3,898     1,286.80        $123.77
  Dressed Steer             4,416       887.10        $198.10
  Dressed Heifer            2,336       794.20        $196.66


WEEKLY PRICE DISTRIBUTION

Live FOB                                 Dressed Delivered
Head       Price                         Head       Price
45         122.50-122.99                 12         199.00-199.49
40         123.00-123.49                 0          199.50-199.99
0          123.50-123.99                 3,326      200.00-200.49
857        124.00-124.49                 105        200.50-200.99
658        124.50-124.99                 280        201.00-201.49
3,835      125.00-125.49                 0          201.50-201.99
513        125.50-125.99                 5,815      202.00-202.49
292        126.00-126.49
199        126.50-126.99
1,438      127.00-127.49
237        127.50-127.99


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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