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

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LM_CT167
St Joseph, MO    Mon Feb 25, 2013    USDA Market News

IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
(Includes all transactions regardless of delivery day)
For Week Ending Sunday, 2/24/2013

Confirmed:       21,443      Last Week:    12,003        Last Year:    15,881

                           LIVE FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         1,813    1,320-1,590     1,454   122.00-125.00  123.17
 65 - 80% Choice         2,870    1,350-1,540     1,458   119.00-123.00  121.83
 35 - 65% Choice           325    1,425-1,425     1,425   124.00-124.00  124.00
  0 - 35% Choice                       -                        -
 Total all grades        5,008    1,320-1,590     1,454   119.00-125.00  122.46
HEIFERS
 Over 80% Choice           375    1,325-1,325     1,325   122.00-122.00  122.00
 65 - 80% Choice         1,938    1,225-1,425     1,331   121.00-125.00  122.32
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        2,313    1,225-1,425     1,330   121.00-125.00  122.27

                      DRESSED DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         2,453      850-997        939    195.00-198.00  196.61
 65 - 80% Choice         1,929      791-939        887    193.00-197.00  195.58
 35 - 65% Choice           273      882-950        941    196.00-197.00  196.14
  0 - 35% Choice                       -                        -
 Total all grades        4,655      791-997        918    193.00-198.00  196.16
HEIFERS
 Over 80% Choice           569      781-837        799    195.00-198.00  196.04
 65 - 80% Choice         1,695      725-884        825    195.00-198.00  196.31
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        2,264      725-884        818    195.00-198.00  196.24

                        LIVE DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           753    1,450-1,550     1,521   124.00-126.00  124.61
 65 - 80% Choice           276    1,350-1,400     1,371   123.00-125.00  124.24
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        1,029    1,350-1,550     1,481   123.00-126.00  124.51
HEIFERS
 Over 80% Choice            62    1,400-1,400     1,400   122.00-122.00  122.00
 65 - 80% Choice           128    1,225-1,325     1,286   123.00-124.00  123.61
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          190    1,225-1,400     1,323   122.00-124.00  123.08

                         DRESSED FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         2,247      838-984        933    193.00-196.00  194.42
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        2,247      838-984        933    193.00-196.00  194.42
HEIFERS
 Over 80% Choice           228      752-887        805    193.00-195.00  193.96
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          228      752-887        805    193.00-195.00  193.96


WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price
  Live    Steer             5,008     1,454.30        $122.46
  Live    Heifer            2,313     1,329.90        $122.27
  Dressed Steer             4,655       917.50        $196.16
  Dressed Heifer            2,264       818.20        $196.24

SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price
  Live    Steer             2,538     1,467.20        $121.50
  Live    Heifer            4,090     1,327.10        $121.46
  Dressed Steer             1,576       917.40        $195.68
  Dressed Heifer            1,092       808.10        $195.88

SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price
  Live    Steer             2,687     1,457.20        $126.33
  Live    Heifer            1,047     1,275.80        $124.79
  Dressed Steer             4,333       885.50        $200.91
  Dressed Heifer            1,045       796.50        $200.29


WEEKLY PRICE DISTRIBUTION

Live FOB                                 Dressed Delivered
Head       Price                         Head       Price
120        119.00-119.49                 72         193.00-193.49
0          119.50-119.99                 0          193.50-193.99
0          120.00-120.49                 584        194.00-194.49
0          120.50-120.99                 0          194.50-194.99
878        121.00-121.49                 1,566      195.00-195.49
0          121.50-121.99                 0          195.50-195.99
3,717      122.00-122.49                 2,488      196.00-196.49
204        122.50-122.99                 0          196.50-196.99
1,534      123.00-123.49                 2,057      197.00-197.49
0          123.50-123.99                 370        197.50-197.99
1,205      124.00-124.49                 1,125      198.00-198.49
0          124.50-124.99
1,099      125.00-125.49


Source:    USDA Market News Service, St. Joseph, MO
           816-676-7000    email:  stjoe.lgmn@usda.gov
           www.ams.usda.gov/LSMarketNews

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