Advice and Tips

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Import

LM_CT152

St. Joseph, MO    Mon, Sep 8, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 09/07/2014



                              IMPORTED CATTLE ONLY



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

Formula Net:              2,480       0   2,480           787          2,606

Negotiated Grid Net:          0       0       0                          121

Forward Contract Net:     4,207       0   4,207         5,241          1,221

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

                          FORMULA NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

Over 80% Choice       42    63.1    913-913       913    239.90-239.90    239.90

65 - 80% Choice      977    64.6    887-915       900    241.86-244.66    242.91

35 - 65% Choice       25    63.8    876-876       876    243.54-243.54    243.54

 0 - 35% Choice       20    63.6    892-892       892    237.91-237.91    237.91

Total all grades   1,064    64.5    876-915       899    237.91-244.66    242.71

HEIFER

Over 80% Choice      279    64.5    772-822       814    240.76-245.10    241.48

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     279    64.5    772-822       814    240.76-245.10    241.48

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                   1,343    64.5    772-915       882    237.91-245.10    242.45

MIXED STEER/HEIFER/COW

Over 80% Choice      112    65.4    793-795       795    240.47-243.24    242.82

65 - 80% Choice      101    63.3    829-829       829    244.66-244.66    244.66

35 - 65% Choice       60    63.2    873-873       873    235.21-235.21    235.21

 0 - 35% Choice                        -                       -

Total all grades     273    64.1    793-873       825    235.21-244.66    241.83

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice      563    60.6    797-836       815    235.11-238.08    236.73

35 - 65% Choice      301    59.2    808-808       808    237.01-237.01    237.01

 0 - 35% Choice                        -                       -

Total all grades     864    60.1    797-836       812    235.11-238.08    236.83

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

                            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    1,125    61.9    768-911       838    212.68-224.97    218.07

65 - 80% Choice    1,175    63.6    882-921       903    203.24-234.68    219.66

35 - 65% Choice      454    62.6    946-949       947    212.43-212.48    212.46

 0 - 35% Choice      503    63.0    911-926       921    212.43-213.46    213.24

Total all grades   3,257    62.8    768-949       889    203.24-234.68    217.12

HEIFER

Over 80% Choice      180    65.2    789-789       789    213.84-213.84    213.84

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     180    65.2    789-789       789    213.84-213.84    213.84

MIXED STEER/HEIFER

Over 80% Choice      434    62.0    836-883       861    207.17-211.75    208.76

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     434    62.0    836-883       861    207.17-211.75    208.76

ALL STEERS & HEIFERS

                   3,871    62.8    768-949       882    203.24-234.68    216.03

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                       -

65 - 80% Choice                        -                       -

35 - 65% Choice      303    64.3    885-885       885    208.50-208.50    208.50

 0 - 35% Choice                        -                       -

Total all grades     303    64.3    885-885       885    208.50-208.50    208.50

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice       33    60.5    879-879       879    220.45-220.45    220.45

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      33    60.5    879-879       879    220.45-220.45    220.45

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

                       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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