LM_CT177
St Joseph, MO    Thu Jan 3, 2013     USDA Market News

IOWA/MINNESOTA YEARLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
(Includes all transactions regardless of delivery day)
Recap for:  2012    

Confirmed:   1,302,222      Year 2011:   1,486,989      Year 2010:  1,711,775

                              LIVE FOB BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice        161,253   1,175-1,625    1,431  110.00-131.00   122.56
 65 - 80% Choice        141,580   1,125-1,575    1,418  112.00-130.00   122.28
 35 - 65% Choice          6,598   1,285-1,500    1,392  110.00-128.00   123.61
  0 - 35% Choice          1,076   1,250-1,475    1,413  124.00-126.50   124.61
 Total all grades       310,507   1,125-1,625    1,424  110.00-131.00   122.46
HEIFERS
 Over 80% Choice         88,647   1,100-1,500    1,286  111.00-130.00   123.12
 65 - 80% Choice         66,729   1,085-1,500    1,264  112.00-130.00   122.26
 35 - 65% Choice          1,765   1,150-1,325    1,225  117.00-124.00   120.68
  0 - 35% Choice             45   1,250-1,250    1,250  124.00-124.00   124.00
 Total all grades       157,186   1,085-1,500    1,276  111.00-130.00   122.72

                             DRESSED DELIVERED - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice         85,566     671-1,003     899   178.00-207.00   194.66
 65 - 80% Choice        154,879     734-994       893   178.00-206.00   193.69
 35 - 65% Choice         21,200     753-1,050     900   178.00-205.00   195.35
  0 - 35% Choice            640     832-950       865   187.00-193.00   190.75
 Total all grades       262,285     671-1,050     895   178.00-207.00   194.13
HEIFERS
 Over 80% Choice         49,941     613-968       809   177.00-208.00   194.43
 65 - 80% Choice         73,571     662-950       814   178.00-205.50   194.75
 35 - 65% Choice          8,188     709-950       833   178.00-205.00   195.88
  0 - 35% Choice                       -                      -
 Total all grades       131,700     613-968       813   177.00-208.00   194.70

YEAR 2012                 Head Count     Avg Weight     Avg Price

 Live    Steer              310,507       1,423.90       $122.46
 Live    Heifer             157,186       1,276.00       $122.72
 Dressed Steer              262,285         895.20       $194.13
 Dressed Heifer             131,700         813.20       $194.70

YEAR 2011                 Head Count     Avg Weight     Avg Price

 Live    Steer              311,196       1,383.90       $115.81
 Live    Heifer             151,607       1,248.90       $115.89
 Dressed Steer              328,410         876.90       $183.61
 Dressed Heifer             132,145         793.80       $184.01

YEAR 2010                 Head Count     Avg Weight     Avg Price

 Live    Steer              287,828       1,378.80        $95.38
 Live    Heifer             114,610       1,249.90        $95.72
 Dressed Steer              426,299         871.40       $151.33
 Dressed Heifer             164,188         798.60       $150.78

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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