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USDA-LM: Iowa/Minnesota Daily Weighted Average Cattle Report - Negotiated Purchases

St Joseph, MO - Fri Nov 10, 2017 - USDA Market News


IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
(Includes all transactions regardless of delivery day)
Recap for: Thursday, 11/9/2017

Confirmed:        6,561       Week Ago:    34,285        Last Year:     1,256
Week to Date:    17,422       Week Ago:    35,470        Last Year:     2,119

                              LIVE FOB BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice         2,540    1,400-1,600    1,501  119.25-121.00   120.00
 65 - 80% Choice                       -                      -
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades        2,540    1,400-1,600    1,501  119.25-121.00   120.00
HEIFERS
 Over 80% Choice           962    1,225-1,400    1,303  120.00-121.00   120.67
 65 - 80% Choice           178    1,265-1,470    1,368  120.00-120.00   120.00
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades        1,140    1,225-1,470    1,313  120.00-121.00   120.57

                          DRESSED DELIVERED BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice           681      803-953       883   190.00-192.00   190.12
 65 - 80% Choice            25      859-859       859   190.00-190.00   190.00
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades          706      803-953       882   190.00-192.00   190.11
HEIFERS
 Over 80% Choice           369      819-903       863   188.00-190.00   189.06
 65 - 80% Choice            40      781-781       781   190.00-190.00   190.00
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades          409      781-903       855   188.00-190.00   189.15

                           LIVE DELIVERED BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice            72    1,450-1,450    1,450  120.00-120.00   120.00
 65 - 80% Choice                       -                      -
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades           72    1,450-1,450    1,450  120.00-120.00   120.00
HEIFERS
 Over 80% Choice                       -                      -
 65 - 80% Choice                       -                      -
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades                      -                      -

                             DRESSED FOB BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice                       -                      -
 65 - 80% Choice                       -                      -
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades                      -                      -
HEIFERS
 Over 80% Choice                       -                      -
 65 - 80% Choice                       -                      -
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades                      -                      -

WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

 Live    Steer            4,618       1,502.90         120.55
 Live    Heifer           3,224       1,320.20         121.39
 Dressed Steer            2,363         919.60         191.07
 Dressed Heifer             863         847.10         190.19

SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price

 Live    Steer           13,463       1,488.30         120.99
 Live    Heifer           5,530       1,323.10         121.04
 Dressed Steer            7,036         945.50         191.64
 Dressed Heifer           2,629         820.10         191.31

SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price

 Live    Steer
 Live    Heifer
 Dressed Steer              180       1,046.50         159.00
 Dressed Heifer             899         847.60         160.26

Source: USDA Livestock, Poultry & Grain Market News Division, St. Joseph, MO
        816-676-7000    email:  stjoe.lpgmn@ams.usda.gov
        www.ams.usda.gov/market-news/livestock-poultry-grain

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