Advice and Tips

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Domestic

LM_CT151

St Joseph, MO     Mon, Oct 6, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 10/05/2014



                               DOMESTIC CATTLE ONLY



                        Dressed:  Live:   Total: Total Week Ago: Total Year Ago:

Formula Net:            182,970  39,112  222,082       229,665         NA    

Negotiated Grid Net:     12,262     988   13,250        10,542         NA    

Forward Contract Net:    44,042  18,864   62,906        57,319         NA    



                           FORMULA NET:  Dressed Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice   16,219     64.1     711-1,090     925   229.13-284.38   252.50

65 - 80% Choice   22,922     64.4     605-1,038     913   238.59-261.94   248.62

35 - 65% Choice   34,437     64.4     625-993       879   236.83-256.46   247.82

 0 - 35% Choice   15,353     63.9     722-1,036     934   237.82-255.41   246.77

Total all grades  88,931     64.2     605-1,090     905   229.13-284.38   248.70

HEIFER

Over 80% Choice   11,448     64.0     703-918       811   244.19-285.52   255.44

65 - 80% Choice   19,863     64.4     672-964       805   234.55-286.55   251.36

35 - 65% Choice   18,532     64.4     665-980       787   228.01-254.55   249.50

 0 - 35% Choice    4,573     64.2     592-935       824   243.23-251.99   247.89

Total all grades  54,416     64.3     592-980       802   228.01-286.55   251.29

MIXED STEER/HEIFER

Over 80% Choice    4,566     63.7     679-990       858   243.14-277.06   255.82

65 - 80% Choice    2,427     63.1     650-911       816   234.67-255.97   249.81

35 - 65% Choice    1,995     63.6     576-913       802   238.52-278.35   248.73

 0 - 35% Choice    4,518     63.1     675-945       840   234.22-254.00   246.38

Total all grades  13,506     63.4     576-990       836   234.22-278.35   250.54

ALL STEERS & HEIFERS

Total all grades 156,853     64.2     576-1,090     863   228.01-286.55   249.76

MIXED STEER/HEIFER/COW

Over 80% Choice    2,202     63.5     690-886       811   244.00-257.98   251.13

65 - 80% Choice    2,105     63.3     687-913       822   239.23-254.87   246.67

35 - 65% Choice    3,524     63.0     637-952       801   222.07-254.75   244.17

 0 - 35% Choice    2,726     58.2     648-976       863   212.09-235.77   219.21

Total all grades  10,557     61.9     637-976       823   212.09-257.98   239.68

DAIRYBRED STEER/HEIFER

Over 80% Choice    5,004     61.9     698-975       846   235.27-251.64   244.85

65 - 80% Choice    4,611     62.2     673-955       839   233.66-255.35   244.55

35 - 65% Choice    4,274     61.6     715-895       833   224.41-250.68   242.92

 0 - 35% Choice    1,671     61.9     743-911       846   229.11-245.18   240.21

Total all grades  15,560     61.9     673-975       840   224.41-255.35   243.73



                            FORMULA NET:  Live Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice    4,601     63.4   1,249-1,673   1,421   154.00-184.15   168.86

65 - 80% Choice    4,276     63.0   1,129-1,582   1,430   155.72-163.58   159.53

35 - 65% Choice   13,340     63.3   1,100-1,589   1,372   155.82-163.50   159.56

 0 - 35% Choice    2,436     62.9   1,235-1,552   1,394   153.00-160.00   159.15

Total all grades  24,653     63.2   1,100-1,673   1,394   153.00-184.15   161.25

HEIFER

Over 80% Choice    1,796     63.7   1,050-1,430   1,292   157.97-175.02   161.17

65 - 80% Choice    1,947     63.1   1,112-1,439   1,255   156.37-162.00   159.02

35 - 65% Choice    3,811     63.5   1,095-1,495   1,229   159.00-163.50   159.83

 0 - 35% Choice    1,461     63.1   1,143-1,379   1,289   157.00-159.50   158.81

Total all grades   9,015     63.4   1,050-1,495   1,257   156.37-175.02   159.76

MIXED STEER/HEIFER

Over 80% Choice      675     61.4   1,247-1,388   1,325   157.00-173.17   163.05

65 - 80% Choice      365     63.9   1,250-1,345   1,280   155.10-159.00   156.79

35 - 65% Choice    1,002     62.1   1,057-1,392   1,194   156.00-160.00   159.08

 0 - 35% Choice      513     63.1   1,163-1,414   1,325   159.00-159.00   159.00

Total all grades   2,555     62.4   1,057-1,414   1,267   155.10-173.17   159.78

ALL STEERS & HEIFERS

Total all grades  36,223     63.2   1,050-1,673   1,351   153.00-184.15   160.77

MIXED STEER/HEIFER/COW

Over 80% Choice                          -                      -

65 - 80% Choice      147     63.1   1,247-1,247   1,247   160.00-160.00   160.00

35 - 65% Choice                          -                      -

 0 - 35% Choice                          -                      -

Total all grades     147     63.1   1,247-1,247   1,247   160.00-160.00   160.00

DAIRYBRED STEER/HEIFER

Over 80% Choice      543     61.1   1,278-1,487   1,366   144.75-159.00   153.48

65 - 80% Choice      360     61.3   1,287-1,503   1,443   148.45-152.50   149.69

35 - 65% Choice    1,839     61.9   1,232-1,417   1,363   145.00-155.00   152.17

 0 - 35% Choice                          -                      -

Total all grades   2,742     61.6   1,232-1,503   1,374   144.75-159.00   152.10



                       NEGOTIATED GRID NET:  Dressed Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice      724     63.1     684-984       894   240.61-252.88   249.36

65 - 80% Choice      685     63.3     730-984       917   239.28-251.26   244.17

35 - 65% Choice      310     63.7     691-938       860   247.32-251.21   250.39

 0 - 35% Choice    1,444     63.0     830-1,017     920   245.00-248.00   247.87

Total all grades   3,163     63.1     684-1,017     908   239.28-252.88   247.66

HEIFER

Over 80% Choice      478     64.0     741-856       833   243.80-255.83   250.33

65 - 80% Choice      803     64.4     721-893       840   241.44-250.20   244.89

35 - 65% Choice      910     64.0     718-944       819   235.32-256.80   246.82

 0 - 35% Choice      296     63.8     709-838       764   237.00-248.00   245.08

Total all grades   2,487     64.1     709-944       822   235.32-256.80   246.66

MIXED STEER/HEIFER

Over 80% Choice    2,143     63.4     705-879       792   231.06-257.38   247.85

65 - 80% Choice      304     62.7     720-869       792   236.48-253.37   243.37

35 - 65% Choice      382     63.2     708-925       832   231.26-252.12   245.82

 0 - 35% Choice      331     63.1     685-852       765   236.03-248.00   238.15

Total all grades   3,160     63.3     685-925       794   231.06-257.38   246.16

ALL STEERS & HEIFERS

Total all grades   8,810     63.5     684-1,017     843   231.06-257.38   246.84

MIXED STEER/HEIFER/COW

Over 80% Choice      116     64.7     830-846       841   244.60-247.81   245.54

65 - 80% Choice      547     64.4     788-872       859   236.42-244.00   242.56

35 - 65% Choice      360     61.5     746-933       832   224.10-244.03   234.48

 0 - 35% Choice      293     59.4     839-889       873   226.96-230.84   229.36

Total all grades   1,316     62.5     746-933       853   224.10-247.81   237.68

DAIRYBRED STEER/HEIFER

Over 80% Choice    1,049     60.0     763-939       857   234.33-245.32   239.56

65 - 80% Choice      762     60.6     713-924       818   232.21-245.09   238.53

35 - 65% Choice      293     60.5     750-893       805   229.35-238.80   233.09

 0 - 35% Choice       32     64.1     870-870       870   242.00-242.00   242.00

Total all grades   2,136     60.4     713-939       836   229.35-245.32   238.34



                        NEGOTIATED GRID NET:  Live Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

 No Reportable Trade.

HEIFER

No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice      359     62.4   1,110-1,240   1,205   160.50-161.38   160.72

65 - 80% Choice       44     65.5   1,322-1,322   1,322   157.61-157.61   157.61

35 - 65% Choice                          -                      -

 0 - 35% Choice      113     63.8   1,114-1,336   1,250   160.00-160.50   160.31

Total all grades     516     63.0   1,110-1,336   1,225   157.61-161.38   160.36

ALL STEERS & HEIFERS

Total all grades     516     63.0   1,110-1,336   1,225   157.61-161.38   160.36

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      127     60.5   1,318-1,337   1,325   148.75-154.00   151.52

65 - 80% Choice      102     61.2   1,239-1,267   1,250   150.70-152.34   151.34

35 - 65% Choice      203     60.5   1,233-1,330   1,276   147.92-151.00   149.29

 0 - 35% Choice       40     60.9   1,230-1,230   1,230   146.26-146.26   146.26

Total all grades     472     60.7   1,230-1,337   1,280   146.26-154.00   150.07



                      FORWARD CONTRACT NET:  Dressed Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice   10,525     63.4     750-1,043     944   199.09-257.11   222.46

65 - 80% Choice    6,103     63.2     650-1,017     913   193.80-254.86   226.16

35 - 65% Choice    4,768     63.0     660-1,009     902   192.33-249.11   227.86

 0 - 35% Choice    1,995     63.6     746-1,012     889   195.74-254.53   223.80

Total all grades  23,391     63.3     650-1,043     923   192.33-257.11   224.64

HEIFER

Over 80% Choice    5,886     64.0     753-936       848   206.67-254.20   217.29

65 - 80% Choice    2,342     64.6     804-970       878   212.13-244.59   227.15

35 - 65% Choice    1,243     63.9     689-906       794   206.99-253.47   230.23

 0 - 35% Choice    1,305     64.1     726-1,009     846   207.74-248.99   216.79

Total all grades  10,776     64.1     689-1,009     848   206.67-254.20   220.86

MIXED STEER/HEIFER

Over 80% Choice      112     63.5     758-842       785   222.65-241.97   231.85

65 - 80% Choice       56     62.7     736-865       773   211.12-237.17   218.56

35 - 65% Choice      124     64.9     732-830       774   202.64-217.97   213.72

 0 - 35% Choice    1,672     64.6     827-960       850   205.53-233.07   231.88

Total all grades   1,964     64.5     732-960       840   202.64-241.97   230.36

ALL STEERS & HEIFERS

Total all grades  36,131     63.6     650-1,043     896   192.33-257.11   223.82

MIXED STEER/HEIFER/COW

Over 80% Choice       38     63.5     862-862       862   210.67-210.67   210.67

65 - 80% Choice                          -                      -

35 - 65% Choice      175     63.5     810-810       810   217.94-217.94   217.94

 0 - 35% Choice                          -                      -

Total all grades     213     63.5     810-862       819   210.67-217.94   216.64

DAIRYBRED STEER/HEIFER

Over 80% Choice    2,787     61.9     739-962       780   195.25-239.28   205.61

65 - 80% Choice    1,419     61.6     737-927       802   189.48-241.15   204.62

35 - 65% Choice    1,027     61.3     601-934       792   186.39-211.32   199.03

 0 - 35% Choice    2,465     61.5     793-915       856   201.38-233.32   214.43

Total all grades   7,698     61.7     601-962       810   186.39-241.15   207.38



                        FORWARD CONTRACT NET:  Live Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice    3,508     64.2   1,345-1,636   1,500   130.00-170.60   142.33

65 - 80% Choice    2,489     63.9   1,375-1,555   1,478   135.00-157.86   148.19

35 - 65% Choice    3,889     64.0   1,137-1,513   1,403   142.07-159.85   154.23

 0 - 35% Choice      423     63.9   1,444-1,444   1,444   159.85-159.85   159.85

Total all grades  10,309     64.0   1,137-1,636   1,456   130.00-170.60   148.95

HEIFER

Over 80% Choice    1,837     63.7   1,234-1,528   1,358   123.95-174.40   139.86

65 - 80% Choice    1,735     63.8   1,200-1,390   1,325   129.17-159.85   146.81

35 - 65% Choice    1,698     64.1   1,233-1,468   1,280   129.45-159.85   152.68

 0 - 35% Choice                          -                      -

Total all grades   5,270     63.9   1,200-1,528   1,322   123.95-174.40   146.28

MIXED STEER/HEIFER

Over 80% Choice      469     62.9   1,204-1,432   1,308   130.42-167.68   145.83

65 - 80% Choice      357     63.5   1,125-1,535   1,391   130.50-147.69   139.92

35 - 65% Choice                          -                      -

 0 - 35% Choice                          -                      -

Total all grades     826     63.2   1,125-1,535   1,344   130.42-167.68   143.28

ALL STEERS & HEIFERS

Total all grades  16,405     63.9   1,125-1,636   1,407   123.95-174.40   147.81

MIXED STEER/HEIFER/COW

Over 80% Choice      314     62.8   1,233-1,233   1,233   150.50-150.50   150.50

65 - 80% Choice      680     63.8   1,251-1,376   1,304   123.95-158.55   141.98

35 - 65% Choice      363     63.5   1,329-1,368   1,354   132.19-139.22   136.64

 0 - 35% Choice                          -                      -

Total all grades   1,357     63.5   1,233-1,376   1,301   123.95-158.55   142.52

DAIRYBRED STEER/HEIFER

Over 80% Choice      625     61.2   1,199-1,481   1,358   119.50-146.22   127.87

65 - 80% Choice      137     60.4   1,341-1,341   1,341   126.59-126.59   126.59

35 - 65% Choice      340     60.4   1,320-1,410   1,359   124.30-146.20   130.40

 0 - 35% Choice                          -                      -

Total all grades   1,102     60.8   1,199-1,481   1,356   119.50-146.22   128.49



--------------------------------------------------------------------------------



REGIONAL SECTION:

                      ALL STEERS AND HEIFERS (BEEF BREEDS)

                             FORMULA: Dressed Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                57,158    55,802        838    249.19    251.62

KANSAS                  32,112    39,351        835    251.88    254.83

NEBRASKA                24,596    24,293        900    249.37    251.25

COLORADO                17,230    20,457        913    248.38    249.33

WESTERN CORNBELT        10,176    11,602        958    248.08    247.75

 TOTAL 5-AREA          140,812   151,239        866    249.64    251.79

N.CENTRAL/E.MT           3,814     5,616        858    251.43    253.43

WESTERN STATES          10,382    10,996        834    250.59    253.98

EASTERN CORNBELT         1,329       752        864    249.98    250.56

NORTHEASTERN STATE



                               FORMULA: Live Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                12,352    12,526      1,294    161.05    161.40

KANSAS                  14,403    11,226      1,365    160.31    161.28

NEBRASKA                 5,455     6,570      1,426    160.57    164.68

COLORADO                 1,558       968      1,323    159.61    160.65

WESTERN CORNBELT         1,761       618      1,408    161.19    163.23

 TOTAL 5-AREA           35,451    31,908      1,350    160.63    162.05

N.CENTRAL/E.MT             492       768      1,434    173.27    171.40

WESTERN STATES

EASTERN CORNBELT           202                1,250    157.50

NORTHEASTERN STATE



                             CONTRACT: Dressed Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                 2,896     2,193        857    242.65    230.38

KANSAS                   2,711     2,665        918    242.62    238.95

NEBRASKA                10,609    11,534        906    219.65    222.48

COLORADO                 3,512     3,202        885    237.51    230.65

WESTERN CORNBELT         6,467     6,108        928    214.36    211.75

 TOTAL 5-AREA           26,155    25,702        904    225.68    223.33

N.CENTRAL/E.MT           4,800     2,391        917    218.98    217.30

WESTERN STATES           1,537     1,656        854    228.72    236.91

EASTERN CORNBELT         2,426       216        822    213.81    210.30

NORTHEASTERN STATE       1,173       288        837    217.02    223.87



                              CONTRACT: Live Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                 4,428     3,826      1,421    156.02    150.19

KANSAS                   1,542     1,995      1,390    158.37    158.08

NEBRASKA                 4,166     3,468      1,359    142.96    153.07

COLORADO

WESTERN CORNBELT         4,484     3,336      1,481    139.52    137.21

 TOTAL 5-AREA           14,512    12,541      1,419    147.54    148.74

N.CENTRAL/E.MT           1,031       599      1,421    153.56    147.24

WESTERN STATES             612       656      1,137    147.50    144.40

EASTERN CORNBELT           142       832      1,315    140.50    139.75

NORTHEASTERN STATE                   110                         140.15



                         NEGOTIATED GRID: Dressed Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                   956     1,027        774    245.52    249.07

KANSAS                     295        95        792    252.16    250.99

NEBRASKA                 2,961     2,237        899    247.25    246.63

COLORADO                   214        27        865    244.33    250.10

WESTERN CORNBELT         1,213     1,135        845    247.25    249.91

 TOTAL 5-AREA            5,623     4,335        859    247.09    248.09

N.CENTRAL/E.MT             558       889        857    248.44    252.97

WESTERN STATES

EASTERN CORNBELT         2,226       721        802    245.98    244.81

NORTHEASTERN STATE         387       722        819    245.60    244.88



                           NEGOTIATED GRID: Live Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                   384       591      1,214    160.44    155.78

KANSAS

NEBRASKA                    88                1,221    161.38

COLORADO

WESTERN CORNBELT

 TOTAL 5-AREA              472       591      1,216    160.62    155.78

N.CENTRAL/E.MT

WESTERN STATES

EASTERN CORNBELT            44        44      1,322    157.61    154.57

NORTHEASTERN STATE





-------------------------------------------------------------------

Regional Breakdown:

  WESTERN CORNBELT - IA,MN,MO.

  TOTAL 5-AREA - CO,IA,KS,MN,NE,NM,OK,TX

  N.CENTRAL/E.MT - MT,ND,SD,WY.

  WESTERN STATES - AZ,CA,ID,NV,OR,UT,WA.

  EASTERN CORNBELT - IL,IN,KY,MI,WI.

  NORTHEASTERN STATES - CT,DE,MA,MD,ME,NH,NJ,NY,OH,PA,RI,WV,VA,VT.

-------------------------------------------------------------------





Source:    USDA Market News Service, St. Joseph, MO

            816-676-7000    email:  stjoe.lpgmn@usda.gov

           www.ams.usda.gov/LSMarketNews



1130C













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