Advice and Tips

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Import

LM_CT152

St. Joseph, MO   Mon, Jul 21, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 07/20/2014



                              IMPORTED CATTLE ONLY



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

Formula Net:              2,703       0   2,703         1,079          1,289

Negotiated Grid Net:          0       0       0            17             81

Forward Contract Net:     2,486       0   2,486         1,818            641

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

                          FORMULA NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

Over 80% Choice       82    63.8    848-848       848    248.60-248.60    248.60

65 - 80% Choice    1,167    63.6    851-893       869    247.13-253.79    248.98

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades   1,249    63.6    848-893       868    247.13-253.79    248.95

HEIFER

Over 80% Choice      254    63.2    804-837       824    249.33-254.03    251.07

65 - 80% Choice      158    63.8    762-776       767    248.01-249.44    248.47

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     412    63.5    762-837       802    248.01-254.03    250.07

MIXED STEER/HEIFER

Over 80% Choice      131    62.3    828-862       839    245.34-247.74    246.93

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     131    62.3    828-862       839    245.34-247.74    246.93

ALL STEERS & HEIFERS

                   1,792    63.5    762-893       851    245.34-254.03    249.06

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                       -

65 - 80% Choice                        -                       -

35 - 65% Choice      451    62.9    786-786       786    249.15-249.15    249.15

 0 - 35% Choice                        -                       -

Total all grades     451    62.9    786-786       786    249.15-249.15    249.15

DAIRYBRED STEER/HEIFER

Over 80% Choice      288    59.4    860-860       860    237.13-237.13    237.13

65 - 80% Choice      172    59.9    822-822       822    243.94-243.94    243.94

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     460    59.6    822-860       846    237.13-243.94    239.68

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

                            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      134    63.4    831-840       838    206.00-211.62    210.19

65 - 80% Choice       89    63.1    853-853       853    215.49-215.49    215.49

35 - 65% Choice      892    62.8    796-921       867    200.00-217.56    206.58

 0 - 35% Choice                        -                       -

Total all grades   1,115    62.9    796-921       862    200.00-217.56    207.73

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice      548    61.2    742-836       814    203.62-209.73    206.91

65 - 80% Choice      480    62.0    743-921       876    203.51-208.38    205.55

35 - 65% Choice      343    62.4    890-926       912    203.38-203.51    203.43

 0 - 35% Choice                        -                       -

Total all grades   1,371    61.8    742-926       860    203.38-209.73    205.57

ALL STEERS & HEIFERS

                   2,486    62.3    742-926       861    200.00-217.56    206.53

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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