Advice and Tips

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Import

LM_CT152

St. Joseph, MO   Mon, Jul 14, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 07/13/2014



                              IMPORTED CATTLE ONLY



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

Formula Net:              1,079       0   1,079         1,681          1,106

Negotiated Grid Net:         17       0      17

Forward Contract Net:     1,818       0   1,818         2,290            421

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

                          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      338    65.9    858-974       900    249.35-249.44    249.41

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     338    65.9    858-974       900    249.35-249.44    249.41

HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice       90    61.2    717-717       717    247.44-247.44    247.44

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      90    61.2    717-717       717    247.44-247.44    247.44

MIXED STEER/HEIFER

Over 80% Choice      103    63.0    806-820       818    247.25-254.09    248.18

65 - 80% Choice       13    61.2    827-827       827    251.83-251.83    251.83

35 - 65% Choice       15    59.9    810-810       810    251.08-251.08    251.08

 0 - 35% Choice                        -                       -

Total all grades     131    62.5    806-827       818    247.25-254.09    248.87

ALL STEERS & HEIFERS

                     559    64.3    717-974       851    247.25-254.09    248.97

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                       -

65 - 80% Choice                        -                       -

35 - 65% Choice      294    66.7    807-807       807    249.44-249.44    249.44

 0 - 35% Choice                        -                       -

Total all grades     294    66.7    807-807       807    249.44-249.44    249.44

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice                        -                       -

35 - 65% Choice      226    63.0    748-748       748    241.32-241.32    241.32

 0 - 35% Choice                        -                       -

Total all grades     226    63.0    748-748       748    241.32-241.32    241.32

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

                            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

Over 80% Choice                        -                       -

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice       17    57.1    710-710       710    220.12-220.12    220.12

Total all grades      17    57.1    710-710       710    220.12-220.12    220.12

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                      17    57.1    710-710       710    220.12-220.12    220.12

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      185    60.3    761-775       768    217.17-217.94    217.56

35 - 65% Choice      467    63.9    806-808       806    203.90-210.35    205.97

 0 - 35% Choice                        -                       -

Total all grades     652    62.9    761-808       796    203.90-217.94    209.26

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice      136    60.7    788-849       807    209.06-214.87    213.08

65 - 80% Choice      295    61.8    841-918       907    203.51-215.10    205.20

35 - 65% Choice      350    61.6    794-906       889    203.51-208.50    204.27

 0 - 35% Choice      262    61.9    889-889       889    202.65-202.65    202.65

Total all grades   1,043    61.6    788-918       883    202.65-215.10    205.27

ALL STEERS & HEIFERS

                   1,695    62.1    761-918       849    202.65-217.94    206.81

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      123    62.5    875-875       875    223.82-223.82    223.82

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     123    62.5    875-875       875    223.82-223.82    223.82

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

                       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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