Iowa/Minnesota Weekly Weighted Average Cattle Report - Negotiated Purchases
LM_CT167
St Joseph, MO    Mon Jul 17, 2017    USDA Market News

IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
(Includes all transactions regardless of delivery day)
For Week Ending Sunday, 7/16/2017

Confirmed:       27,305      Last Week:    19,852        Last Year:    22,999

                           LIVE FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         8,200    1,200-1,550     1,426   117.00-121.00  119.76
 65 - 80% Choice         1,902    1,350-1,500     1,426   118.00-120.00  119.84
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades       10,102    1,200-1,550     1,426   117.00-121.00  119.78
HEIFERS
 Over 80% Choice         3,153    1,200-1,435     1,276   115.00-120.00  119.65
 65 - 80% Choice           235    1,260-1,275     1,265   120.00-121.00  120.64
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        3,388    1,200-1,435     1,276   115.00-121.00  119.72

                      DRESSED DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         3,026      772-950        892    188.00-195.50  190.11
 65 - 80% Choice         2,455      828-950        907    188.00-190.00  189.93
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        5,481      772-950        899    188.00-195.50  190.03
HEIFERS
 Over 80% Choice           616      740-873        813    187.00-190.00  189.47
 65 - 80% Choice         1,490      677-950        876    190.00-191.00  190.03
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        2,106      677-950        857    187.00-191.00  189.87

                        LIVE DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         1,321    1,325-1,465     1,425   117.00-122.00  120.36
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        1,321    1,325-1,465     1,425   117.00-122.00  120.36
HEIFERS
 Over 80% Choice           162    1,225-1,225     1,225   120.00-120.00  120.00
 65 - 80% Choice            60    1,300-1,300     1,300   120.50-120.50  120.50
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          222    1,225-1,300     1,245   120.00-120.50  120.14

                         DRESSED FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice            36      869-869        869    190.00-190.00  190.00
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades           36      869-869        869    190.00-190.00  190.00
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            10,102     1,425.70        $119.78
  Live    Heifer            3,388     1,275.60        $119.72
  Dressed Steer             5,481       898.60        $190.03
  Dressed Heifer            2,106       857.30        $189.87

SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price
  Live    Steer             8,804     1,409.50        $117.34
  Live    Heifer            2,102     1,237.20        $117.48
  Dressed Steer             3,316       885.30        $187.72
  Dressed Heifer            1,045       865.80        $188.88

SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price
  Live    Steer             2,753     1,413.20        $117.07
  Live    Heifer            1,167     1,284.70        $117.01
  Dressed Steer             8,457       917.70        $187.42
  Dressed Heifer            2,942       870.20        $187.26


WEEKLY PRICE DISTRIBUTION

Live FOB                                 Dressed Delivered
Head       Price                         Head       Price
159        115.00-115.49                 85         187.00-187.49
0          115.50-115.99                 0          187.50-187.99
0          116.00-116.49                 288        188.00-188.49
0          116.50-116.99                 0          188.50-188.99
145        117.00-117.49                 118        189.00-189.49
184        117.50-117.99                 0          189.50-189.99
396        118.00-118.49                 7,954      190.00-190.49
0          118.50-118.99                 0          190.50-190.99
1,372      119.00-119.49                 125        191.00-191.49
867        119.50-119.99                 0          191.50-191.99
12,682     120.00-120.49                 0          192.00-192.49
180        120.50-120.99                 0          192.50-192.99
440        121.00-121.49                 0          193.00-193.49
                                         0          193.50-193.99
                                         0          194.00-194.49
                                         0          194.50-194.99
                                         0          195.00-195.49
                                         70         195.50-195.99
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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