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

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LM_CT167
St Joseph, MO    Mon Jul 22, 2013    USDA Market News

IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
(Includes all transactions regardless of delivery day)
For Week Ending Sunday, 7/21/2013

Confirmed:       25,840      Last Week:    22,867        Last Year:    24,305

                           LIVE FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         2,485    1,325-1,510     1,400   119.00-122.50  121.00
 65 - 80% Choice         1,229    1,300-1,450     1,388   120.00-122.50  121.30
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        3,714    1,300-1,510     1,396   119.00-122.50  121.10
HEIFERS
 Over 80% Choice         1,209    1,175-1,340     1,249   120.00-122.00  121.25
 65 - 80% Choice           180    1,300-1,300     1,300   120.00-120.00  120.00
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        1,389    1,175-1,340     1,256   120.00-122.00  121.08

                      DRESSED DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           774      781-907        846    191.00-193.00  192.32
 65 - 80% Choice         5,719      756-952        867    191.00-193.00  191.76
 35 - 65% Choice           214      880-880        880    191.00-191.00  191.00
  0 - 35% Choice                       -                        -
 Total all grades        6,707      756-952        865    191.00-193.00  191.80
HEIFERS
 Over 80% Choice           958      714-823        773    190.00-193.00  192.11
 65 - 80% Choice         1,136      714-950        808    191.00-193.00  191.79
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        2,094      714-950        792    190.00-193.00  191.94

                        LIVE DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           493    1,300-1,450     1,370   119.00-124.00  122.09
 65 - 80% Choice           513    1,350-1,450     1,430   120.00-124.00  122.89
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        1,006    1,300-1,450     1,401   119.00-124.00  122.50
HEIFERS
 Over 80% Choice            80    1,225-1,225     1,225   123.00-123.00  123.00
 65 - 80% Choice            76    1,275-1,275     1,275   121.50-121.50  121.50
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          156    1,225-1,275     1,249   121.50-123.00  122.27

                         DRESSED FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         1,303      784-944        906    190.00-191.00  190.10
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        1,303      784-944        906    190.00-191.00  190.10
HEIFERS
 Over 80% Choice           211      740-809        767    190.00-190.00  190.00
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          211      740-809        767    190.00-190.00  190.00


WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price
  Live    Steer             3,714     1,395.90        $121.10
  Live    Heifer            1,389     1,255.90        $121.08
  Dressed Steer             6,707       865.10        $191.80
  Dressed Heifer            2,094       792.00        $191.94

SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price
  Live    Steer             4,796     1,380.90        $121.07
  Live    Heifer            1,041     1,249.20        $121.07
  Dressed Steer             3,557       878.00        $192.26
  Dressed Heifer            1,628       774.70        $192.17

SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price
  Live    Steer             5,985     1,406.40        $113.21
  Live    Heifer            2,669     1,252.60        $112.27
  Dressed Steer             5,039       874.00        $178.81
  Dressed Heifer            3,330       790.10        $178.63


WEEKLY PRICE DISTRIBUTION

Live FOB                                 Dressed Delivered
Head       Price                         Head       Price
149        118.00-118.49                 103        185.00-185.49
0          118.50-118.99                 0          185.50-185.99
36         119.00-119.49                 152        186.00-186.49
0          119.50-119.99                 0          186.50-186.99
3,123      120.00-120.49                 0          187.00-187.49
262        120.50-120.99                 0          187.50-187.99
4,037      121.00-121.49                 152        188.00-188.49
461        121.50-121.99                 0          188.50-188.99
675        122.00-122.49                 37         189.00-189.49
543        122.50-122.99                 0          189.50-189.99
                                         172        190.00-190.49
                                         0          190.50-190.99
                                         4,118      191.00-191.49
                                         0          191.50-191.99
                                         4,563      192.00-192.49
                                         0          192.50-192.99
                                         2,682      193.00-193.49
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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