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

St Joseph, MO - Tue Dec 5, 2017 - USDA Market News


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

Confirmed:   120,529        Last Month:   97,385         Last Year:   125,208

                              LIVE FOB BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice         36,359   1,300-1,650    1,494  117.00-124.00   120.47
 65 - 80% Choice          2,956   1,335-1,575    1,466  117.00-122.00   119.91
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades        39,315   1,300-1,650    1,492  117.00-124.00   120.43
HEIFERS
 Over 80% Choice         15,940   1,200-1,500    1,328  117.00-124.00   120.51
 65 - 80% Choice          1,992   1,225-1,470    1,323  117.00-122.00   119.81
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades        17,932   1,200-1,500    1,327  117.00-124.00   120.43

                             DRESSED DELIVERED - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice         15,623     803-1,022     937   184.00-192.00   190.31
 65 - 80% Choice          4,728     819-999       942   187.00-192.00   191.07
 35 - 65% Choice            153     977-977       977   190.00-190.00   190.00
  0 - 35% Choice                       -                      -
 Total all grades        20,504     803-1,022     938   184.00-192.00   190.48
HEIFERS
 Over 80% Choice          8,072     688-959       853   185.00-196.00   190.10
 65 - 80% Choice          1,495     760-854       815   188.00-192.00   190.56
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades         9,567     688-959       847   185.00-196.00   190.18

MONTHLY ACCUMULATED       Head Count     Avg Weight     Avg Price

 Live    Steer               39,315       1,491.90       $120.43
 Live    Heifer              17,932       1,327.30       $120.43
 Dressed Steer               20,504         938.20       $190.48
 Dressed Heifer               9,567         847.20       $190.18

SAME PERIOD LAST MONTH    Head Count     Avg Weight     Avg Price

 Live    Steer               27,850       1,489.50       $112.06
 Live    Heifer              10,892       1,337.70       $111.78
 Dressed Steer               21,266         947.50       $175.93
 Dressed Heifer               6,691         838.50       $176.22

SAME PERIOD LAST YEAR     Head Count     Avg Weight     Avg Price

 Live    Steer               26,325       1,497.70       $106.65
 Live    Heifer              13,726       1,347.70       $106.24
 Dressed Steer               31,702         959.40       $167.29
 Dressed Heifer              17,709         873.10       $167.60

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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