Advice and Tips

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Import

LM_CT152

St. Joseph, MO    Mon, Jul 7, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 07/06/2014



                              IMPORTED CATTLE ONLY



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

Formula Net:              1,681       0   1,681         3,456          2,280

Negotiated Grid Net:          0       0       0

Forward Contract Net:     2,290       0   2,290         2,767            846

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

                          FORMULA NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

Over 80% Choice      104    62.8    848-848       848    236.00-236.00    236.00

65 - 80% Choice      393    61.9    872-882       879    236.40-236.91    236.89

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     497    62.1    848-882       873    236.00-236.91    236.71

HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice                        -                       -

35 - 65% Choice      278    63.4    771-771       771    236.91-236.91    236.91

 0 - 35% Choice                        -                       -

Total all grades     278    63.4    771-771       771    236.91-236.91    236.91

MIXED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice      259    62.5    884-886       885    234.34-236.21    235.60

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     259    62.5    884-886       885    234.34-236.21    235.60

ALL STEERS & HEIFERS

                   1,034    62.5    771-886       848    234.34-236.91    236.48

MIXED STEER/HEIFER/COW

Over 80% Choice      425    63.1    751-822       790    236.91-237.08    236.99

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     425    63.1    751-822       790    236.91-237.08    236.99

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice      222    58.4    776-776       776    230.30-230.30    230.30

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     222    58.4    776-776       776    230.30-230.30    230.30

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

                            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      120    63.2    881-881       881    217.07-217.07    217.07

65 - 80% Choice      218    61.7    868-868       868    204.14-204.14    204.14

35 - 65% Choice      574    62.3    826-884       854    206.30-227.06    210.47

 0 - 35% Choice                        -                       -

Total all grades     912    62.3    826-884       861    204.14-227.06    209.83

HEIFER

Over 80% Choice       90    63.3    815-815       815    206.52-206.52    206.52

65 - 80% Choice                        -                       -

35 - 65% Choice      180    62.6    784-822       803    208.53-209.21    208.87

 0 - 35% Choice                        -                       -

Total all grades     270    62.8    784-822       807    206.52-209.21    208.09

MIXED STEER/HEIFER

Over 80% Choice      185    61.2    811-811       811    210.84-210.84    210.84

65 - 80% Choice      488    62.5    797-881       850    202.63-211.50    205.05

35 - 65% Choice      435    62.3    740-932       858    201.72-210.40    204.85

 0 - 35% Choice                        -                       -

Total all grades   1,108    62.2    740-932       847    201.72-211.50    205.94

ALL STEERS & HEIFERS

                   2,290    62.3    740-932       848    201.72-227.06    207.74

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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