LM_CT185
St Joseph, MO    Tue Feb 7, 2012     USDA Market News

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

Confirmed:   82,222         Last Month:   97,246         Last Year:   98,228

                              LIVE FOB BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice          7,811   1,250-1,570    1,456  120.00-129.00   124.02
 65 - 80% Choice          8,139   1,200-1,500    1,425  120.00-130.00   123.70
 35 - 65% Choice            468   1,293-1,500    1,438  121.75-125.00   123.38
  0 - 35% Choice            265   1,475-1,475    1,475  124.00-124.00   124.00
 Total all grades        16,683   1,200-1,570    1,441  120.00-130.00   123.85
HEIFERS
 Over 80% Choice          3,925   1,150-1,500    1,300  121.00-128.50   124.30
 65 - 80% Choice          3,630   1,100-1,375    1,262  120.00-129.00   123.29
 35 - 65% Choice                       -                      -
  0 - 35% Choice             45   1,250-1,250    1,250  124.00-124.00   124.00
 Total all grades         7,600   1,100-1,500    1,282  120.00-129.00   123.81

                             DRESSED DELIVERED - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice          5,605     787-961       898   195.00-205.00   199.05
 65 - 80% Choice         15,417     771-950       894   194.00-204.00   199.06
 35 - 65% Choice          3,954     769-950       922   198.00-205.00   203.01
  0 - 35% Choice                       -                      -
 Total all grades        24,976     769-961       899   194.00-205.00   199.68
HEIFERS
 Over 80% Choice          1,236     744-822       779   196.00-205.00   198.71
 65 - 80% Choice          5,208     698-850       786   195.00-204.00   199.36
 35 - 65% Choice            106     760-800       784   198.00-200.00   198.79
  0 - 35% Choice                       -                      -
 Total all grades         6,550     698-850       784   195.00-205.00   199.23

MONTHLY ACCUMULATED       Head Count     Avg Weight     Avg Price

 Live    Steer               16,683       1,440.70       $123.85
 Live    Heifer               7,600       1,281.80       $123.81
 Dressed Steer               24,976         899.20       $199.68
 Dressed Heifer               6,550         784.40       $199.23

SAME PERIOD LAST MONTH    Head Count     Avg Weight     Avg Price

 Live    Steer               16,745       1,420.30       $124.57
 Live    Heifer              10,913       1,262.40       $124.19
 Dressed Steer               22,527         885.50       $199.69
 Dressed Heifer               9,469         794.20       $198.73

SAME PERIOD LAST YEAR     Head Count     Avg Weight     Avg Price

 Live    Steer               19,192       1,411.30       $105.63
 Live    Heifer               9,630       1,265.60       $105.49
 Dressed Steer               21,386         876.30       $170.10
 Dressed Heifer              10,574         800.20       $170.16

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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