Advice and Tips

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Import

LM_CT152

St. Joseph, MO   Mon, Aug 25, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 08/24/2014



                              IMPORTED CATTLE ONLY



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

Formula Net:                751       0     751         1,161          1,128

Negotiated Grid Net:         25       0      25             0             34

Forward Contract Net:     4,452       0   4,452         5,343          1,476

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

                          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      364    63.0    874-893       882    251.03-251.03    251.03

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     364    63.0    874-893       882    251.03-251.03    251.03

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice       42    60.6    900-900       900    250.05-250.05    250.05

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      42    60.6    900-900       900    250.05-250.05    250.05

ALL STEERS & HEIFERS

                     406    62.8    874-900       884    250.05-251.03    250.93

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice      345    59.1    816-816       816    243.47-243.47    243.47

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     345    59.1    816-816       816    243.47-243.47    243.47

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

                            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       25    59.8    708-708       708    238.33-238.33    238.33

 0 - 35% Choice                        -                       -

Total all grades      25    59.8    708-708       708    238.33-238.33    238.33

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                      25    59.8    708-708       708    238.33-238.33    238.33

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      488    61.1    779-894       828    205.21-233.98    220.42

65 - 80% Choice    1,107    62.7    819-918       868    205.13-218.37    210.79

35 - 65% Choice    1,012    62.2    879-931       906    205.13-230.63    216.04

 0 - 35% Choice      392    64.2    804-933       843    204.98-205.13    205.03

Total all grades   2,999    62.5    779-933       871    204.98-233.98    213.37

HEIFER

Over 80% Choice       91    63.3    851-851       851    213.52-213.52    213.52

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      91    63.3    851-851       851    213.52-213.52    213.52

MIXED STEER/HEIFER

Over 80% Choice      341    62.1    853-917       900    204.94-214.95    211.43

65 - 80% Choice      656    62.4    842-938       880    203.97-212.75    207.76

35 - 65% Choice      365    62.8    829-892       870    202.56-213.04    209.79

 0 - 35% Choice                        -                       -

Total all grades   1,362    62.4    829-938       883    202.56-214.95    209.22

ALL STEERS & HEIFERS

                   4,452    62.5    779-938       874    202.56-233.98    212.11

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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