Advice and Tips

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Import

LM_CT152

St. Joseph, MO    Mon, Jun 2, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 06/01/2014



                              IMPORTED CATTLE ONLY



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

Formula Net:              1,129       0   1,129                        3,837

Negotiated Grid Net:          0       0       0                          499

Forward Contract Net:     2,109       0   2,109         3,613            861

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

                          FORMULA NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

Over 80% Choice      123    62.4    924-924       924    232.32-232.32    232.32

65 - 80% Choice      481    63.1    803-884       867    227.36-234.53    232.45

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     604    62.9    803-924       879    227.36-234.53    232.43

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice       46    63.3    799-799       799    233.23-233.23    233.23

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      46    63.3    799-799       799    233.23-233.23    233.23

ALL STEERS & HEIFERS

                     650    63.0    799-924       873    227.36-234.53    232.48

MIXED STEER/HEIFER/COW

Over 80% Choice       44    61.6    814-814       814    227.24-227.24    227.24

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      44    61.6    814-814       814    227.24-227.24    227.24

DAIRYBRED STEER/HEIFER

Over 80% Choice      174    59.2    821-821       821    226.70-226.70    226.70

65 - 80% Choice      231    59.1    783-783       783    226.82-226.82    226.82

35 - 65% Choice       30    63.3    842-842       842    223.00-223.00    223.00

 0 - 35% Choice                        -                       -

Total all grades     435    59.4    783-842       802    223.00-226.82    226.51

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

                            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      176    61.8    882-882       882    217.03-217.03    217.03

65 - 80% Choice      721    62.3    788-891       853    208.54-209.49    209.01

35 - 65% Choice      804    62.1    820-903       857    208.54-217.03    213.79

 0 - 35% Choice                        -                       -

Total all grades   1,701    62.1    788-903       858    208.54-217.03    212.10

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice       87    61.0    825-825       825    215.57-215.57    215.57

65 - 80% Choice      179    61.4    811-897       851    220.67-220.76    220.71

35 - 65% Choice      142    62.1    805-805       805    209.88-209.88    209.88

 0 - 35% Choice                        -                       -

Total all grades     408    61.6    805-897       829    209.88-220.76    215.85

ALL STEERS & HEIFERS

                   2,109    62.0    788-903       852    208.54-220.76    212.82

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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