Advice and Tips

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Import

LM_CT152

St. Joseph, MO    Mon, Sep 01, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 08/31/2014



                              IMPORTED CATTLE ONLY



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

Formula Net:                787       0     787           751          1,293

Negotiated Grid Net:          0       0       0            25

Forward Contract Net:     5,241       0   5,241         4,452          1,457

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

                          FORMULA NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

 No Reportable Trade.

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice       42    63.3    852-885       872    245.04-245.34    245.23

65 - 80% Choice       43    61.8    883-883       883    249.22-249.22    249.22

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      85    62.5    852-885       878    245.04-249.22    247.25

ALL STEERS & HEIFERS

                      85    62.5    852-885       878    245.04-249.22    247.25

MIXED STEER/HEIFER/COW

Over 80% Choice      440    63.6    833-833       833    241.67-241.67    241.67

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     440    63.6    833-833       833    241.67-241.67    241.67

DAIRYBRED STEER/HEIFER

Over 80% Choice      262    59.6    729-827       812    236.36-236.36    236.36

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     262    59.6    729-827       812    236.36-236.36    236.36

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

                            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      848    62.6    781-944       879    201.76-224.88    215.19

65 - 80% Choice      732    62.1    886-937       921    207.57-233.39    215.46

35 - 65% Choice      578    63.3    821-911       865    204.36-213.46    209.17

 0 - 35% Choice    1,300    62.7    830-944       898    212.67-213.46    213.19

Total all grades   3,458    62.7    781-944       893    201.76-233.39    213.49

HEIFER

Over 80% Choice      421    63.0    800-880       853    202.70-208.91    204.16

65 - 80% Choice      297    62.7    905-914       910    225.14-227.91    227.45

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     718    62.9    800-914       877    202.70-227.91    213.80

MIXED STEER/HEIFER

Over 80% Choice      324    61.8    820-894       854    207.46-211.13    210.68

65 - 80% Choice      224    61.3    851-903       876    205.75-206.68    206.31

35 - 65% Choice      268    62.3    890-911       899    205.49-205.73    205.62

 0 - 35% Choice                        -                       -

Total all grades     816    61.9    820-911       875    205.49-211.13    207.82

ALL STEERS & HEIFERS

                   4,992    62.6    781-944       888    201.76-233.39    212.61

MIXED STEER/HEIFER/COW

Over 80% Choice      112    62.8    782-782       782    201.69-201.69    201.69

65 - 80% Choice      137    62.8    829-829       829    210.34-210.34    210.34

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     249    62.8    782-829       808    201.69-210.34    206.45

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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