Advice and Tips

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Import

LM_CT152

St. Joseph, MO   Mon, Jun 16, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 06/15/2014



                              IMPORTED CATTLE ONLY



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

Formula Net:              1,061       0   1,061         2,750          2,610

Negotiated Grid Net:          0       0       0            89             40

Forward Contract Net:     1,914       0   1,914         2,259            978

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

                          FORMULA NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

Over 80% Choice       26    62.1    872-872       872    233.23-233.23    233.23

65 - 80% Choice                        -                       -

35 - 65% Choice      286    63.0    837-859       840    223.64-230.80    230.07

 0 - 35% Choice                        -                       -

Total all grades     312    62.9    837-872       842    223.64-233.23    230.34

HEIFER

Over 80% Choice       20    61.8    799-799       799    236.76-236.76    236.76

65 - 80% Choice      559    63.1    798-811       799    227.20-230.80    230.43

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     579    63.1    798-811       799    227.20-236.76    230.65

MIXED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice       43    63.3    830-830       830    233.76-233.76    233.76

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      43    63.3    830-830       830    233.76-233.76    233.76

ALL STEERS & HEIFERS

                     934    63.0    798-872       815    223.64-236.76    230.69

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice                        -                       -

35 - 65% Choice      127    59.6    786-786       786    222.47-222.47    222.47

 0 - 35% Choice                        -                       -

Total all grades     127    59.6    786-786       786    222.47-222.47    222.47

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

                            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                        -                       -

65 - 80% Choice      741    63.2    796-900       837    201.77-222.72    205.78

35 - 65% Choice                        -                       -

 0 - 35% Choice      853    62.8    806-896       848    205.86-211.40    207.84

Total all grades   1,594    63.0    796-900       843    201.77-222.72    206.88

HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice                        -                       -

35 - 65% Choice       50    62.2    777-777       777    221.31-221.31    221.31

 0 - 35% Choice                        -                       -

Total all grades      50    62.2    777-777       777    221.31-221.31    221.31

MIXED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice      270    61.5    801-856       827    207.78-211.01    209.47

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     270    61.5    801-856       827    207.78-211.01    209.47

ALL STEERS & HEIFERS

                   1,914    62.8    777-900       839    201.77-222.72    207.62

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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