Advice and Tips

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Import

LM_CT152

St. Joseph, MO   Mon, May 19, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 05/18/2014



                              IMPORTED CATTLE ONLY



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

Formula Net:              2,416       0   2,416         4,039          3,574

Negotiated Grid Net:          0       0       0           189            434

Forward Contract Net:     4,796       0   4,796         4,221          2,130

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

                          FORMULA NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

Over 80% Choice      129    62.1    856-860       857    233.18-236.12    234.18

65 - 80% Choice      134    63.3    838-838       838    231.45-231.45    231.45

35 - 65% Choice      731    61.5    783-840       817    229.66-229.92    229.78

 0 - 35% Choice                        -                       -

Total all grades     994    61.8    783-860       825    229.66-236.12    230.58

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice      202    60.1    777-894       818    232.02-237.80    235.59

65 - 80% Choice       24    58.7    816-816       816    227.56-227.56    227.56

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     226    59.9    777-894       818    227.56-237.80    234.74

ALL STEERS & HEIFERS

                   1,220    61.5    777-894       824    227.56-237.80    231.35

MIXED STEER/HEIFER/COW

Over 80% Choice      143    62.9    821-821       821    234.72-234.72    234.72

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     143    62.9    821-821       821    234.72-234.72    234.72

DAIRYBRED STEER/HEIFER

Over 80% Choice      225    59.8    796-796       796    230.92-230.92    230.92

65 - 80% Choice      828    59.0    747-821       774    221.40-231.22    228.37

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades   1,053    59.1    747-821       779    221.40-231.22    228.91

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

                            FORMULA NET:  Live Basis

 No Reportable Trade.

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

                      NEGOTIATED GRID NET:  Dressed Basis

 No Reportable Trade.

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

                        NEGOTIATED GRID NET:  Live Basis

 No Reportable Trade.

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

                      FORWARD CONTRACT NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

Over 80% Choice      395    62.0    910-982       936    210.27-214.60    213.01

65 - 80% Choice    1,194    62.7    842-892       869    206.63-224.13    211.11

35 - 65% Choice    1,440    62.5    780-861       821    204.29-210.92    209.42

 0 - 35% Choice                        -                       -

Total all grades   3,029    62.5    780-982       855    204.29-224.13    210.55

HEIFER

Over 80% Choice      250    63.0    724-724       724    208.88-208.88    208.88

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     250    63.0    724-724       724    208.88-208.88    208.88

MIXED STEER/HEIFER

Over 80% Choice      706    61.7    750-899       789    212.67-219.17    215.79

65 - 80% Choice      434    62.8    782-785       784    208.88-211.28    209.93

35 - 65% Choice      377    63.0    794-796       795    207.40-209.34    208.03

 0 - 35% Choice                        -                       -

Total all grades   1,517    62.3    750-899       789    207.40-219.17    212.19

ALL STEERS & HEIFERS

                   4,796    62.5    724-982       827    204.29-224.13    210.98

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

 No Reportable Trade.

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

                       FORWARD CONTRACT NET:  Live Basis

 No Reportable Trade.

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





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

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

           www.ams.usda.gov/LSMarketNews



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