NW_LS121 Des Moines, IA Wed, 5/23/01 USDA-IA Dept of Ag Market News Northeast Iowa Equity, Waukon, Iowa Weighted Average Report for May 23, 2001 Receipts: This Week 1077 2 Weeks Ago 650 Last Year NA Trends: No trend as sale not covered two weeks ago. Good demand on active market. Moderate offerings. Supply consisited of 65 percent of feeders over 600 lbs, 37 percent steers, 49 percent holsteins, and 14 percent heifers. Feeder Steers Medium and Large 1 Head Weight Avg Wt Price Avg Price 5 459 459 125.00 125.00 57 502 - 549 525 114.00 - 120.00 115.71 18 583 583 111.00 111.00 14 604 604 105.50 105.50 12 670 - 675 672 96.00 - 96.25 96.18 11 820 820 82.75 82.75 22 853 - 873 864 83.00 - 83.50 83.22 29 910 - 927 912 79.00 - 80.50 80.39 77 1009 - 1027 1020 79.50 79.50 32 1142 1142 76.25 76.25 Feeder Steers Medium and Large 2 Head Weight Avg Wt Price Avg Price 5 438 438 119.50 119.50 6 548 548 110.00 110.00 8 585 585 101.00 101.00 Feeder Holstein Steers Large 3 Head Weight Avg Wt Price Avg Price 8 206 206 145.00 145.00 19 400 - 445 427 95.00 - 99.00 97.43 21 453 - 479 460 89.75 - 91.50 90.18 34 508 - 517 516 85.00 - 88.00 87.54 21 555 - 593 571 82.25 - 88.00 84.89 8 641 - 646 643 80.00 - 83.25 81.22 30 662 - 684 677 79.75 - 82.00 80.48 33 703 - 720 712 77.25 - 80.00 78.68 42 776 776 77.75 77.75 9 849 849 75.50 75.50 36 909 - 944 919 69.00 - 72.50 71.50 31 970 - 981 975 68.75 - 69.00 68.86 50 1063 - 1080 1069 66.50 - 66.75 66.70 15 1113 - 1113 1113 65.00 - 65.00 65.00 26 1190 - 1197 1192 64.50 - 66.75 66.23 Feeder Heifers Medium and Large 1 Head Weight Avg Wt Price Avg Price 29 478 - 480 480 100.00 - 108.50 106.75 15 533 533 101.00 101.00 12 581 581 96.25 96.25 14 600 600 96.00 96.00 6 689 689 87.25 87.25 8 756 756 82.50 82.50 5 857 857 77.75 77.75 Feeder Heifers Medium 1 Head Weight Avg Wt Price Avg Price 6 704 704 78.25 78.25 Full Feeder Heifers Medium and Large 2 Head Weight Avg Wt Price Avg Price 7 423 423 104.50 104.50 Northeast Iowa Equity Internet Sale Offerings: 350 Light offerings on feeders. Price FOB with 2-3 percent pencil shrink and 5 cent slide per pound over sale weight. Feeder Holstein Steers Large 3 Head Weight Avg Wt Price Avg Price Delivery 214 450 450 87.75 87.75 June 81 600 600 84.25 84.25 June 75 650 650 82.25 82.25 June Source: Iowa Dept of Ag-USDA Market News Des Moines, Iowa (515) 284-4460 www.ams.usda.gov/mncsreports/nw_ls121.txt 1530C JB .