Advice and Tips

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Import

LM_CT152

St. Joseph, MO   Mon, Jun 30, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 06/29/2014



                              IMPORTED CATTLE ONLY



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

Formula Net:              3,456       0   3,456         1,562          2,765

Negotiated Grid Net:          0       0       0                           76

Forward Contract Net:     2,767       0   2,767         1,708            907

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

                          FORMULA NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

Over 80% Choice      191    63.1    841-894       882    236.91-237.13    236.96

65 - 80% Choice    1,166    62.5    866-908       877    236.29-236.91    236.67

35 - 65% Choice      543    61.9    861-867       864    236.32-236.32    236.32

 0 - 35% Choice                        -                       -

Total all grades   1,900    62.4    841-908       874    236.29-237.13    236.60

HEIFER

Over 80% Choice      604    63.4    754-874       816    236.32-237.37    236.79

65 - 80% Choice      282    62.8    768-768       768    236.91-236.91    236.91

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     886    63.2    754-874       800    236.32-237.37    236.83

MIXED STEER/HEIFER

Over 80% Choice       44    63.3    819-819       819    238.15-238.15    238.15

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      44    63.3    819-819       819    238.15-238.15    238.15

ALL STEERS & HEIFERS

                   2,830    62.7    754-908       850    236.29-238.15    236.70

MIXED STEER/HEIFER/COW

Over 80% Choice       46    62.9    817-817       817    238.29-238.29    238.29

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      46    62.9    817-817       817    238.29-238.29    238.29

DAIRYBRED STEER/HEIFER

Over 80% Choice      126    59.9    866-879       874    226.93-227.37    227.22

65 - 80% Choice      454    59.0    774-788       781    230.41-230.50    230.46

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     580    59.2    774-879       801    226.93-230.50    229.75

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

                            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      802    61.7    758-890       853    204.16-206.68    206.36

 0 - 35% Choice      396    62.8    840-852       847    206.16-210.92    208.23

Total all grades   1,198    62.0    758-890       851    204.16-210.92    206.98

HEIFER

Over 80% Choice      257    62.6    747-775       760    205.83-206.61    206.20

65 - 80% Choice      417    62.8    749-750       749    205.03-205.27    205.11

35 - 65% Choice      138    63.6    777-777       777    210.02-210.02    210.02

 0 - 35% Choice                        -                       -

Total all grades     812    62.9    747-777       757    205.03-210.02    206.29

MIXED STEER/HEIFER

Over 80% Choice      593    62.0    773-876       830    205.74-208.65    207.20

65 - 80% Choice       46    62.2    832-832       832    207.69-207.69    207.69

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     639    62.0    773-876       830    205.74-208.65    207.24

ALL STEERS & HEIFERS

                   2,649    62.3    747-890       817    204.16-210.92    206.83

MIXED STEER/HEIFER/COW

Over 80% Choice      118    62.8    769-769       769    205.93-205.93    205.93

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     118    62.8    769-769       769    205.93-205.93    205.93

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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