Note DetailIA and So. Minn Daily Slaughter Cattle
10/22/2009 10:58:00 AM



LM_CT129
St Joseph, MO    Thu Oct 22, 2009    USDA Market News

IOWA/MINNESOTA DAILY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
Recap for: Wednesday, 10/21/2009

Confirmed:       10,684       Week Ago:     1,867        Last Year:     5,562
Week to Date:    33,099       Week Ago:     3,034        Last Year:     8,177

                              LIVE FOB BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice            70    1,425-1,450    1,438   81.00-82.00     81.50
 65 - 80% Choice            40    1,375-1,375    1,375   82.00-82.00     82.00
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades          110    1,375-1,450    1,415   81.00-82.00     81.68
HEIFERS
 Over 80% Choice         1,560    1,250-1,370    1,313   82.00-83.00     82.55
 65 - 80% Choice           532    1,225-1,320    1,288   81.00-82.00     81.75
 35 - 65% Choice           160    1,400-1,400    1,400   82.50-82.50     82.50
  0 - 35% Choice                       -                      -
 Total all grades        2,252    1,225-1,400    1,313   81.00-83.00     82.36

                          DRESSED DELIVERED BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice           570      806-920       876   132.00-132.00   132.00
 65 - 80% Choice         2,019      794-950       895   129.00-132.00   131.14
 35 - 65% Choice           572      803-950       940   130.00-131.00   130.07
  0 - 35% Choice                       -                      -
 Total all grades        3,161      794-950       900   129.00-132.00   131.10
HEIFERS
 Over 80% Choice           836      750-850       801   128.50-133.00   131.13
 65 - 80% Choice           268      771-950       834   130.00-132.00   130.98
 35 - 65% Choice            36      950-950       950   130.00-130.00   130.00
  0 - 35% Choice                       -                      -
 Total all grades        1,140      750-950       813   128.50-133.00   131.06

                           LIVE DELIVERED BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice            38    1,300-1,300    1,300   83.00-83.00     83.00
 65 - 80% Choice           255    1,350-1,400    1,374   81.00-83.00     81.76
 35 - 65% Choice            36    1,500-1,500    1,500   82.00-82.00     82.00
  0 - 35% Choice                       -                      -
 Total all grades          329    1,300-1,500    1,379   81.00-83.00     81.93
HEIFERS
 Over 80% Choice                       -                      -
 65 - 80% Choice           198    1,300-1,375    1,364   81.00-82.00     81.86
 35 - 65% Choice           120    1,250-1,250    1,250   79.00-79.00     79.00
  0 - 35% Choice                       -                      -
 Total all grades          318    1,250-1,375    1,321   79.00-82.00     80.78

                             DRESSED FOB BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice           185      809-880       843   130.00-130.00   130.00
 65 - 80% Choice                       -                      -
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades          185      809-880       843   130.00-130.00   130.00
HEIFERS
 Over 80% Choice                       -                      -
 65 - 80% Choice            73      816-928       868   130.00-130.00   130.00
 35 - 65% Choice                       -                      -
  0 - 35% Choice                       -                      -
 Total all grades           73      816-928       868   130.00-130.00   130.00

WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

 Live    Steer            2,356       1,403.40          81.17
 Live    Heifer           5,297       1,300.90          82.05
 Dressed Steer            8,250         889.30         130.89
 Dressed Heifer           2,986         816.20         130.58

SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price

 Live    Steer              424       1,404.20          79.11
 Live    Heifer             180       1,260.00          80.00
 Dressed Steer              434         855.10         125.43
 Dressed Heifer             450         801.20         124.61

SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price

 Live    Steer            1,957       1,449.60          85.08
 Live    Heifer             250       1,252.80          84.67
 Dressed Steer            2,674         883.00         136.49
 Dressed Heifer           1,476         783.30         136.23

Source:    USDA Market News Service, St. Joseph, MO
           816-238-0678    email:  stjoe.lgmn@usda.gov
           www.ams.usda.gov/LSMarketNews

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