LM_CT167 St Joseph, MO Mon Jul 6, 2009 USDA Market News IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES Recap for: Week Ending Sunday, 07/05/2009 Confirmed: 28,118 Last Week: 37,715 Last Year: 42,933 LIVE FOB BASIS - Beef Breeds Head Weight Wtd Avg Price Wtd Avg Count Range Weight Range Price STEERS Over 80% Choice 3,175 1,250-1,450 1,350 80.00-83.00 82.00 65 - 80% Choice 2,414 1,275-1,400 1,334 80.50-83.00 82.06 35 - 65% Choice 120 1,350-1,350 1,350 82.35-82.35 82.35 0 - 35% Choice - - Total all grades 5,709 1,250-1,450 1,343 80.00-83.00 82.03 HEIFERS Over 80% Choice 893 1,225-1,300 1,258 81.00-82.35 81.85 65 - 80% Choice 699 1,150-1,225 1,213 81.00-82.50 81.84 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 1,592 1,150-1,300 1,238 81.00-82.50 81.85 DRESSED DELIVERED BASIS - Beef Breeds Head Weight Wtd Avg Price Wtd Avg Count Range Weight Range Price STEERS Over 80% Choice 1,991 819-912 865 130.00-132.00 130.57 65 - 80% Choice 4,023 756-897 845 130.00-132.00 131.20 35 - 65% Choice 1,531 793-950 854 129.00-131.00 130.76 0 - 35% Choice - - Total all grades 7,545 756-950 852 129.00-132.00 130.95 HEIFERS Over 80% Choice 1,296 709-841 769 130.00-132.00 131.20 65 - 80% Choice 1,961 730-803 775 129.00-132.00 130.21 35 - 65% Choice 489 709-950 754 130.00-131.00 130.80 0 - 35% Choice - - Total all grades 3,746 709-950 770 129.00-132.00 130.63 LIVE DELIVERED BASIS - Beef Breeds Head Weight Wtd Avg Price Wtd Avg Count Range Weight Range Price STEERS Over 80% Choice 336 1,225-1,425 1,347 81.50-83.50 82.18 65 - 80% Choice 481 1,325-1,400 1,369 82.00-83.50 83.16 35 - 65% Choice 236 1,250-1,300 1,284 81.00-82.50 81.48 0 - 35% Choice - - Total all grades 1,053 1,225-1,425 1,343 81.00-83.50 82.47 HEIFERS Over 80% Choice 316 1,225-1,275 1,256 81.25-83.00 81.88 65 - 80% Choice 446 1,225-1,300 1,246 82.00-83.00 82.31 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 762 1,225-1,300 1,250 81.25-83.00 82.13 DRESSED FOB BASIS - Beef Breeds Head Weight Wtd Avg Price Wtd Avg Count Range Weight Range Price STEERS Over 80% Choice 243 750-944 866 129.00-130.00 129.59 65 - 80% Choice 162 834-834 834 130.00-130.00 130.00 35 - 65% Choice - - 0 - 35% Choice - - Total all grades 405 750-944 853 129.00-130.00 129.75 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 5,709 1,343.20 $82.03 Live Heifer 1,592 1,237.90 $81.85 Dressed Steer 7,545 852.30 $130.95 Dressed Heifer 3,746 770.00 $130.63 SAME PERIOD LAST WEEK Head Count Avg Weight Avg Price Live Steer 6,315 1,367.00 $81.08 Live Heifer 2,207 1,243.00 $80.83 Dressed Steer 11,546 858.50 $129.89 Dressed Heifer 3,702 764.30 $129.39 SAME PERIOD LAST YEAR Head Count Avg Weight Avg Price Live Steer 11,237 1,359.10 $99.88 Live Heifer 3,281 1,223.60 $99.80 Dressed Steer 12,872 863.90 $159.35 Dressed Heifer 3,926 763.30 $159.12 WEEKLY PRICE DISTRIBUTION Live FOB Dressed Delivered Head Price Head Price 288 80.00-80.49 11 127.00-127.49 303 80.50-80.99 0 127.50-127.99 929 81.00-81.49 30 128.00-128.49 430 81.50-81.99 0 128.50-128.99 6,066 82.00-82.49 187 129.00-129.49 1,469 82.50-82.99 0 129.50-129.99 504 83.00-83.49 5,048 130.00-130.49 80 130.50-130.99 5,440 131.00-131.49 76 131.50-131.99 2,913 132.00-132.49 Source: USDA Market News Service, St. Joseph, MO 816-238-0678 email: stjoe.lgmn@usda.gov www.ams.usda.gov/LSMarketNews 1100C .