Advice and Tips

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Import

LM_CT152

St. Joseph, MO   Mon, Jun 23, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 06/22/2014



                              IMPORTED CATTLE ONLY



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

Formula Net:              1,562       0   1,562         1,061          2,202

Negotiated Grid Net:          0       0       0

Forward Contract Net:     1,708       0   1,708         1,914            496

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

                          FORMULA NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

Over 80% Choice      176    61.0    768-914       853    231.89-237.57    233.52

65 - 80% Choice      199    63.0    906-906       906    236.32-236.32    236.32

35 - 65% Choice      576    62.4    858-882       865    231.07-236.32    235.54

 0 - 35% Choice                        -                       -

Total all grades     951    62.3    768-914       872    231.07-237.57    235.33

HEIFER

Over 80% Choice      128    62.8    859-859       859    236.15-236.15    236.15

65 - 80% Choice      215    62.8    754-754       754    236.32-236.32    236.32

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     343    62.8    754-859       793    236.15-236.32    236.26

MIXED STEER/HEIFER

Over 80% Choice       45    61.8    810-810       810    234.94-234.94    234.94

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      45    61.8    810-810       810    234.94-234.94    234.94

ALL STEERS & HEIFERS

                   1,339    62.4    754-914       849    231.07-237.57    235.55

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice      223    59.1    790-790       790    229.73-229.73    229.73

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     223    59.1    790-790       790    229.73-229.73    229.73

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

                            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                        -                       -

35 - 65% Choice      662    62.4    800-803       801    201.87-211.51    205.05

 0 - 35% Choice      192    62.2    794-794       794    204.00-204.00    204.00

Total all grades     854    62.3    794-803       799    201.87-211.51    204.81

HEIFER

Over 80% Choice      197    62.3    760-776       767    205.50-206.13    205.87

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     197    62.3    760-776       767    205.50-206.13    205.87

MIXED STEER/HEIFER

Over 80% Choice       88    62.2    877-877       877    211.44-211.44    211.44

65 - 80% Choice      342    62.4    840-900       869    212.52-216.69    214.52

35 - 65% Choice       87    62.4    884-884       884    210.17-210.17    210.17

 0 - 35% Choice                        -                       -

Total all grades     517    62.4    840-900       873    210.17-216.69    213.26

ALL STEERS & HEIFERS

                   1,568    62.3    760-900       820    201.87-216.69    207.73

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                       -

65 - 80% Choice                        -                       -

35 - 65% Choice      140    61.9    804-804       804    211.30-211.30    211.30

 0 - 35% Choice                        -                       -

Total all grades     140    61.9    804-804       804    211.30-211.30    211.30

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades                       -                       -

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

                       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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