LM_CT167
St Joseph, MO    Mon Jun 30, 2008    USDA Market News

IOWA/MINNESOTA WEEKLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
Recap for:  Sunday, 6/29/2008

This report is based on information provided by companies that agreed to
continue to participate in Livestock Mandatory Reporting on a voluntary basis.

Confirmed:       37,385      Last Week:    33,742        Last Year:    22,988

                              LIVE FOB BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice         1,978    1,275-1,390    1,336   95.00-97.50     96.66
 65 - 80% Choice         2,715    1,225-1,400    1,316   94.50-97.00     96.14
 35 - 65% Choice         1,182    1,250-1,400    1,336   94.00-97.00     96.52
  0 - 35% Choice                       -                      -
 Total all grades        5,875    1,225-1,400    1,326   94.00-97.50     96.39
HEIFERS
 Over 80% Choice         1,367    1,200-1,325    1,245   94.00-97.00     96.40
 65 - 80% Choice         2,032    1,160-1,340    1,210   95.00-97.00     96.55
 35 - 65% Choice           248    1,275-1,300    1,291   95.00-96.50     95.93
  0 - 35% Choice                       -                      -
 Total all grades        3,647    1,160-1,340    1,229   94.00-97.00     96.45

                             DRESSED DELIVERED - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice         1,203      626-952       885   147.00-155.00   154.60
 65 - 80% Choice         5,571      765-912       837   151.00-156.00   154.22
 35 - 65% Choice         4,627      791-893       851   149.00-155.00   154.52
  0 - 35% Choice                       -                      -
 Total all grades       11,401      626-952       848   147.00-156.00   154.38
HEIFERS
 Over 80% Choice           682      734-799       774   149.00-155.00   153.33
 65 - 80% Choice         1,641      725-819       776   152.00-155.00   153.94
 35 - 65% Choice         1,924      740-826       790   152.00-155.00   154.59
  0 - 35% Choice                       -                      -
 Total all grades        4,247      725-826       782   149.00-155.00   154.14

WEEKLY ACCUMULATED     Head Count    Avg Weight      Avg Price

 Live    Steer            5,875       1,326.40         $96.39
 Live    Heifer           3,647       1,228.80         $96.45
 Dressed Steer           11,401         847.60        $154.38
 Dressed Heifer           4,247         782.00        $154.14

SAME PERIOD LAST WEEK  Head Count    Avg Weight      Avg Price

 Live    Steer            4,607       1,342.70         $93.71
 Live    Heifer           2,507       1,212.00         $93.60
 Dressed Steer            9,098         836.60        $149.89
 Dressed Heifer           4,425         767.50        $149.45

SAME PERIOD LAST YEAR  Head Count    Avg Weight      Avg Price

 Live    Steer            4,647       1,327.20         $83.78
 Live    Heifer           2,364       1,209.00         $83.64
 Dressed Steer            4,946         848.70        $132.83
 Dressed Heifer           3,553         761.50        $132.73

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

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