Iowa/Minnesota Weekly Weighted Average Cattle Report - Negotiated Purchases
LM_CT167
St Joseph, MO    Mon Feb 11, 2019    USDA Market News

IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
(Includes all transactions regardless of delivery day)
For Week Ending Sunday, 2/10/2019

Confirmed:       28,408      Last Week:    17,439        Last Year:    18,185

                           LIVE FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         8,231    1,325-1,600     1,510   123.00-127.00  124.90
 65 - 80% Choice            80    1,475-1,475     1,475   125.00-125.00  125.00
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        8,311    1,325-1,600     1,510   123.00-127.00  124.90
HEIFERS
 Over 80% Choice         2,349    1,200-1,450     1,360   123.00-127.00  124.64
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        2,349    1,200-1,450     1,360   123.00-127.00  124.64

                      DRESSED DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         5,773      778-973        923    197.00-200.00  199.76
 65 - 80% Choice           587      854-928        888    197.00-200.00  199.11
 35 - 65% Choice            40      947-947        947    200.00-200.00  200.00
  0 - 35% Choice                       -                        -
 Total all grades        6,400      778-973        920    197.00-200.00  199.70
HEIFERS
 Over 80% Choice         3,142      740-928        820    197.00-201.00  199.76
 65 - 80% Choice            52      899-899        899    200.00-200.00  200.00
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        3,194      740-928        821    197.00-201.00  199.77

                        LIVE DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           936    1,425-1,500     1,480   123.50-128.00  126.29
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          936    1,425-1,500     1,480   123.50-128.00  126.29
HEIFERS
 Over 80% Choice           694    1,200-1,400     1,229   123.50-127.00  126.45
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          694    1,200-1,400     1,229   123.50-127.00  126.45

                         DRESSED FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           173      961-1,000      985    198.00-198.50  198.20
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          173      961-1,000      985    198.00-198.50  198.20
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             8,311     1,510.10        $124.90
  Live    Heifer            2,349     1,359.70        $124.64
  Dressed Steer             6,400       919.90        $199.70
  Dressed Heifer            3,194       821.40        $199.77

SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price
  Live    Steer             3,856     1,489.20        $124.11
  Live    Heifer            1,560     1,355.40        $124.16
  Dressed Steer             6,524       925.80        $198.49
  Dressed Heifer            1,548       841.00        $198.03

SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price
  Live    Steer             7,029     1,487.50        $126.33
  Live    Heifer            2,197     1,371.20        $125.72
  Dressed Steer             3,238       934.00        $200.69
  Dressed Heifer            1,810       824.70        $199.89


WEEKLY PRICE DISTRIBUTION

Live FOB                                 Dressed Delivered
Head       Price                         Head       Price
1,559      123.00-123.49                 201        197.00-197.49
754        123.50-123.99                 0          197.50-197.99
821        124.00-124.49                 1,180      198.00-198.49
1,865      124.50-124.99                 0          198.50-198.99
5,187      125.00-125.49                 450        199.00-199.49
256        125.50-125.99                 0          199.50-199.99
2,444      126.00-126.49                 10,658     200.00-200.49
250        126.50-126.99                 0          200.50-200.99
238        127.00-127.49                 104        201.00-201.49


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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