Iowa/Minnesota Weekly Weighted Average Cattle Report - Negotiated Purchases
LM_CT167
St Joseph, MO    Mon Mar 25, 2019    USDA Market News

IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
(Includes all transactions regardless of delivery day)
For Week Ending Sunday, 3/24/2019

Confirmed:       25,588      Last Week:    22,239        Last Year:    35,537

                           LIVE FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         6,137    1,350-1,600     1,478   128.00-133.00  130.20
 65 - 80% Choice           446    1,450-1,450     1,450   129.00-129.00  129.00
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        6,583    1,350-1,600     1,476   128.00-133.00  130.12
HEIFERS
 Over 80% Choice         1,390    1,225-1,425     1,324   126.00-132.00  129.66
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        1,390    1,225-1,425     1,324   126.00-132.00  129.66

                      DRESSED DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         6,612      812-1,008      926    203.00-209.00  207.20
 65 - 80% Choice           992      788-964        917    206.00-209.00  207.98
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        7,604      788-1,008      925    203.00-209.00  207.30
HEIFERS
 Over 80% Choice         2,366      756-881        835    205.00-208.00  206.96
 65 - 80% Choice           128      769-828        786    206.00-208.00  207.41
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        2,494      756-881        832    205.00-208.00  206.98

                        LIVE DELIVERED BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice           261    1,350-1,540     1,441   129.00-133.50  130.49
 65 - 80% Choice           236    1,470-1,470     1,470   129.00-129.00  129.00
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          497    1,350-1,540     1,455   129.00-133.50  129.78
HEIFERS
 Over 80% Choice           745    1,150-1,350     1,260   130.00-133.00  131.34
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          745    1,150-1,350     1,260   130.00-133.00  131.34

                         DRESSED FOB BASIS - Beef Breeds
                         Head       Weight       Wtd Avg      Price    Wtd Avg
                         Count      Range        Weight       Range     Price
STEERS
 Over 80% Choice         1,790      882-968        920    205.50-208.00  207.58
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades        1,790      882-968        920    205.50-208.00  207.58
HEIFERS
 Over 80% Choice           770      796-834        818    208.00-208.00  208.00
 65 - 80% Choice                       -                        -
 35 - 65% Choice                       -                        -
  0 - 35% Choice                       -                        -
 Total all grades          770      796-834        818    208.00-208.00  208.00


WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price
  Live    Steer             6,583     1,475.90        $130.12
  Live    Heifer            1,390     1,323.50        $129.66
  Dressed Steer             7,604       925.10        $207.30
  Dressed Heifer            2,494       832.10        $206.98

SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price
  Live    Steer             6,111     1,468.40        $127.54
  Live    Heifer            1,318     1,364.90        $126.76
  Dressed Steer             6,807       915.90        $204.39
  Dressed Heifer            2,389       832.60        $204.10

SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price
  Live    Steer             6,078     1,444.50        $127.23
  Live    Heifer            3,576     1,321.90        $125.79
  Dressed Steer             8,532       919.00        $202.08
  Dressed Heifer            6,318       858.20        $203.08


WEEKLY PRICE DISTRIBUTION

Live FOB                                 Dressed Delivered
Head       Price                         Head       Price
35         126.00-126.49                 38         202.00-202.49
0          126.50-126.99                 0          202.50-202.99
0          127.00-127.49                 271        203.00-203.49
0          127.50-127.99                 0          203.50-203.99
863        128.00-128.49                 202        204.00-204.49
0          128.50-128.99                 0          204.50-204.99
1,476      129.00-129.49                 1,053      205.00-205.49
227        129.50-129.99                 260        205.50-205.99
3,239      130.00-130.49                 2,665      206.00-206.49
255        130.50-130.99                 0          206.50-206.99
1,437      131.00-131.49                 118        207.00-207.49
548        131.50-131.99                 40         207.50-207.99
309        132.00-132.49                 6,897      208.00-208.49
0          132.50-132.99                 0          208.50-208.99
250        133.00-133.49                 672        209.00-209.49


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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