LM_CT177
St Joseph, MO    Thu Jan 3, 2019     USDA Market News

IOWA/MINNESOTA YEARLY WEIGHTED AVERAGE CATTLE REPORT - NEGOTIATED PURCHASES
(Includes all transactions regardless of delivery day)
Recap for:  2018

Confirmed:   1,466,337      Year 2017:   1,157,504      Year 2016:  1,117,709

                              LIVE FOB BASIS - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice        415,998   1,115-1,675    1,464  104.00-132.00   115.89
 65 - 80% Choice         36,381   1,250-1,575    1,409  106.00-128.00   114.71
 35 - 65% Choice            470   1,325-1,425    1,402  110.50-125.00   116.67
  0 - 35% Choice             74   1,450-1,450    1,450  114.00-115.00   114.51
 Total all grades       452,923   1,115-1,675    1,460  104.00-132.00   115.79
HEIFERS
 Over 80% Choice        135,528   1,050-1,550    1,316  105.00-132.00   116.23
 65 - 80% Choice          9,635   1,075-1,450    1,276  105.00-129.00   115.47
 35 - 65% Choice                       -                      -
  0 - 35% Choice            172   1,350-1,350    1,350  110.00-110.00   110.00
 Total all grades       145,335   1,050-1,550    1,313  105.00-132.00   116.17

                             DRESSED DELIVERED - Beef Breeds
                           Head      Weight     Wtd Avg     Price       Wtd Avg
                           Count     Range      Weight      Range       Price
STEERS
 Over 80% Choice        270,455     735-1,053     928   166.00-208.00   183.94
 65 - 80% Choice         64,137     713-1,008     893   168.00-207.00   186.93
 35 - 65% Choice          4,301     775-945       856   172.00-197.00   187.73
  0 - 35% Choice                       -                      -
 Total all grades       338,893     713-1,053     921   166.00-208.00   184.56
HEIFERS
 Over 80% Choice        118,959     693-1,008     834   168.00-208.00   187.50
 65 - 80% Choice         21,959     702-947       794   169.00-207.00   185.44
 35 - 65% Choice            195     750-750       750   195.00-195.00   195.00
  0 - 35% Choice                       -                      -
 Total all grades       141,113     693-1,008     828   168.00-208.00   187.19

YEAR 2018                  Head Count     Avg Weight     Avg Price

 Live    Steer              452,923       1,459.80       $115.79
 Live    Heifer             145,335       1,313.20       $116.17
 Dressed Steer              338,893         920.70       $184.56
 Dressed Heifer             141,113         827.70       $187.19

YEAR 2017                  Head Count     Avg Weight     Avg Price

 Live    Steer              291,496       1,444.80       $120.43
 Live    Heifer             109,512       1,298.60       $118.78
 Dressed Steer              296,693         912.30       $194.47
 Dressed Heifer             124,441         834.10       $192.56

YEAR 2016                  Head Count     Avg Weight     Avg Price

 Live    Steer              206,923       1,464.10       $117.69
 Live    Heifer             102,205       1,317.40       $116.33
 Dressed Steer              337,157         932.80       $190.05
 Dressed Heifer             150,662         847.20       $190.09

Source: USDA Livestock, Poultry & Grain Market News Division, St. Joseph, MO
        816-676-7000    email:  stjoe.lpgmn@ams.usda.gov
        www.ams.usda.gov/market-news/livestock-poultry-grain

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