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USDA-LM: Iowa/Minnesota Annual Weighted Average Direct Slaughter Cattle Report - Negotiated

St Joseph, MO - Wed Jan 3, 2018 - USDA Market News


IOWA/MINNESOTA YEARLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
(Includes all transactions regardless of delivery day)
Recap for:  2017

Confirmed:   1,157,504      Year 2016:   1,117,709      Year 2015:  1,234,149

                              LIVE FOB BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice        253,038   1,150-1,650    1,453  102.00-149.00   119.59
 65 - 80% Choice         37,209   1,250-1,575    1,394  103.00-145.00   126.09
 35 - 65% Choice          1,249   1,325-1,450    1,392  103.00-145.00   123.91
  0 - 35% Choice                       -                      -
 Total all grades       291,496   1,150-1,650    1,445  102.00-149.00   120.43
HEIFERS
 Over 80% Choice         90,105   1,100-1,500    1,302  103.00-147.00   118.29
 65 - 80% Choice         19,232   1,100-1,470    1,283  105.00-145.00   120.95
 35 - 65% Choice            135   1,175-1,220    1,205  132.00-145.00   136.33
  0 - 35% Choice             40   1,300-1,300    1,300  117.00-117.00   117.00
 Total all grades       109,512   1,100-1,500    1,299  103.00-147.00   118.78

                             DRESSED DELIVERED - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice        189,979     720-1,047     918   163.00-232.00   191.06
 65 - 80% Choice         98,312     768-1,004     905   164.00-232.00   199.85
 35 - 65% Choice          8,238     791-977       861   167.00-230.00   208.92
  0 - 35% Choice            164     844-945       890   167.00-215.00   188.66
 Total all grades       296,693     720-1,047     912   163.00-232.00   194.47
HEIFERS
 Over 80% Choice         81,453     672-988       829   164.00-232.00   190.60
 65 - 80% Choice         42,367     677-950       845   164.00-232.00   195.99
 35 - 65% Choice            621     713-950       771   188.00-230.00   215.88
  0 - 35% Choice                       -                      -
 Total all grades       124,441     672-988       834   164.00-232.00   192.56

YEAR 2017                 Head Count     Avg Weight     Avg Price
 Live    Steer              291,496       1,444.80       $120.43
 Live    Heifer             109,512       1,298.60       $118.78
 Dressed Steer              296,693         912.30       $194.47
 Dressed Heifer             124,441         834.10       $192.56

YEAR 2016                 Head Count     Avg Weight     Avg Price 
 Live    Steer              206,923       1,464.10       $117.69
 Live    Heifer             102,205       1,317.40       $116.33
 Dressed Steer              337,157         932.80       $190.05
 Dressed Heifer             150,662         847.20       $190.09

YEAR 2015                 Head Count     Avg Weight     Avg Price
 Live    Steer              314,848       1,476.30       $146.39
 Live    Heifer             127,258       1,313.00       $148.55
 Dressed Steer              284,660         936.50       $231.45
 Dressed Heifer             129,828         842.60       $230.60

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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