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

LM_CT167
St Joseph, MO    Mon Feb 19, 2013    USDA Market News

IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
(Includes all transactions regardless of delivery day)
For Week Ending Sunday, 2/17/2013

Confirmed:       12,003      Last Week:    22,032        Last Year:    36,430

                           LIVE FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           419    1,350-1,500     1,471   122.00-123.00  122.34
 65 - 80% Choice         1,944    1,375-1,500     1,471   119.00-125.00  121.27
 35 - 65% Choice           175    1,420-1,420     1,420   122.00-122.00  122.00
  0 - 35% Choice                       -                        -
 Total all grades        2,538    1,350-1,500     1,467   119.00-125.00  121.50
HEIFERS
 Over 80% Choice         1,634    1,250-1,425     1,340   122.00-123.00  122.68
 65 - 80% Choice         2,456    1,245-1,350     1,318   119.00-123.00  120.65
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        4,090    1,245-1,425     1,327   119.00-123.00  121.46

                      DRESSED DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           576      883-981        932    196.00-198.00  196.06
 65 - 80% Choice         1,000      834-959        909    193.00-200.00  195.46
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        1,576      834-981        917    193.00-200.00  195.68
HEIFERS
 Over 80% Choice           757      763-823        803    193.00-196.00  195.83
 65 - 80% Choice           335      803-828        819    196.00-196.00  196.00
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        1,092      763-828        808    193.00-196.00  195.88

                        LIVE DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           752    1,450-1,500     1,474   122.00-124.50  123.63
 65 - 80% Choice            37    1,450-1,450     1,450   123.00-123.00  123.00
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          789    1,450-1,500     1,473   122.00-124.50  123.60
HEIFERS
 Over 80% Choice            92    1,275-1,350     1,313   120.00-126.00  122.59
 65 - 80% Choice            56    1,200-1,250     1,236   122.00-124.00  122.57
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          148    1,200-1,350     1,284   120.00-126.00  122.58

                         DRESSED FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           618      851-984        948    194.00-195.00  194.17
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          618      851-984        948    194.00-195.00  194.17
HEIFERS
 Over 80% Choice           126      768-768        768    195.00-195.00  195.00
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          126      768-768        768    195.00-195.00  195.00


WEEKLY ACCUMULATED     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 WEEK  Head Count    Avg Weight      Avg Price
  Live    Steer             2,118     1,434.20        $125.58
  Live    Heifer            2,392     1,320.70        $124.62
  Dressed Steer             5,980       916.30        $199.87
  Dressed Heifer            2,701       832.70        $200.14

SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price
  Live    Steer             6,027     1,429.20        $126.72
  Live    Heifer            4,579     1,313.10        $126.66
  Dressed Steer             6,668       884.70        $202.00
  Dressed Heifer            6,851       817.60        $202.65


WEEKLY PRICE DISTRIBUTION

Live FOB                                 Dressed Delivered
Head       Price                         Head       Price
2,040      119.00-119.49                 593        193.00-193.49
0          119.50-119.99                 0          193.50-193.99
0          120.00-120.49                 0          194.00-194.49
0          120.50-120.99                 0          194.50-194.99
130        121.00-121.49                 0          195.00-195.49
360        121.50-121.99                 0          195.50-195.99
1,128      122.00-122.49                 2,061      196.00-196.49
160        122.50-122.99                 0          196.50-196.99
3,024      123.00-123.49                 84         197.00-197.49
0          123.50-123.99                 0          197.50-197.99
130        124.00-124.49                 103        198.00-198.49
0          124.50-124.99                 0          198.50-198.99
35         125.00-125.49                 0          199.00-199.49
                                         0          199.50-199.99
                                         162        200.00-200.49
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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