Advice and Tips

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Import

LM_CT152

St. Joseph, MO    Mon, Jun 9, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 06/08/2014



                              IMPORTED CATTLE ONLY



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

Formula Net:              2,750       0   2,750         1,129          4,769

Negotiated Grid Net:         89       0      89                           37

Forward Contract Net:     2,259       0   2,259         2,109          1,150

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

                          FORMULA NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

Over 80% Choice                        -                       -

65 - 80% Choice      616    63.2    795-945       882    226.44-230.80    228.13

35 - 65% Choice      430    62.5    885-921       903    226.49-228.97    227.75

 0 - 35% Choice                        -                       -

Total all grades   1,046    62.9    795-945       891    226.44-230.80    227.98

HEIFER

Over 80% Choice      317    63.6    781-832       788    228.25-230.80    230.44

65 - 80% Choice      708    65.9    711-794       776    227.99-232.32    230.60

35 - 65% Choice       92    65.2    820-820       820    226.53-226.53    226.53

 0 - 35% Choice                        -                       -

Total all grades   1,117    65.2    711-832       783    226.53-232.32    230.22

MIXED STEER/HEIFER

Over 80% Choice      296    62.1    745-868       812    228.11-233.86    231.42

65 - 80% Choice       61    58.4    771-840       821    224.96-232.10    226.95

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     357    61.5    745-868       813    224.96-233.86    230.66

ALL STEERS & HEIFERS

                   2,520    63.7    711-945       832    224.96-233.86    229.35

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice      230    62.0    789-789       789    225.82-225.82    225.82

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     230    62.0    789-789       789    225.82-225.82    225.82

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

                            FORMULA NET:  Live Basis

No Reportable Trade.

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

                      NEGOTIATED GRID NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

 No Reportable Trade.

HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice       89    60.9    747-747       747    231.08-231.08    231.08

Total all grades      89    60.9    747-747       747    231.08-231.08    231.08

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                      89    60.9    747-747       747    231.08-231.08    231.08

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

 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                        -                       -

65 - 80% Choice      263    63.4    897-897       897    203.39-203.39    203.39

35 - 65% Choice      636    61.7    803-893       831    212.01-224.64    217.43

 0 - 35% Choice                        -                       -

Total all grades     899    62.2    803-897       850    203.39-224.64    213.32

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice      638    61.7    741-890       797    209.61-215.74    211.84

65 - 80% Choice      411    61.7    776-855       840    209.85-211.19    211.00

35 - 65% Choice      311    61.9    849-851       850    211.38-211.49    211.43

 0 - 35% Choice                        -                       -

Total all grades   1,360    61.7    741-890       822    209.61-215.74    211.49

ALL STEERS & HEIFERS

                   2,259    61.9    741-897       833    203.39-224.64    212.22

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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