Advice and Tips

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Import

LM_CT152

St. Joseph, MO   Mon, Sep 15, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 09/14/2014



                              IMPORTED CATTLE ONLY



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

Formula Net:                987       0     987         2,480          1,754

Negotiated Grid Net:          0       0       0                           43

Forward Contract Net:     3,677       0   3,677         4,207          3,841

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

                          FORMULA NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

Over 80% Choice      489    65.5    877-945       920    250.58-250.84    250.63

65 - 80% Choice       23    61.0    929-929       929    250.02-250.02    250.02

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     512    65.3    877-945       921    250.02-250.84    250.60

HEIFER

Over 80% Choice       46    61.2    824-824       824    247.53-247.53    247.53

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      46    61.2    824-824       824    247.53-247.53    247.53

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                     558    65.0    824-945       913    247.53-250.84    250.35

MIXED STEER/HEIFER/COW

Over 80% Choice      117    65.0    850-850       850    244.66-244.66    244.66

65 - 80% Choice       11    66.5    875-875       875    250.61-250.61    250.61

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     128    65.1    850-875       852    244.66-250.61    245.17

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice      301    61.9    808-808       808    244.11-244.11    244.11

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     301    61.9    808-808       808    244.11-244.11    244.11

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

                            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      591    61.8    803-957       868    222.60-240.50    228.74

65 - 80% Choice      537    63.3    864-967       906    209.37-236.09    213.40

35 - 65% Choice      769    62.4    872-945       935    208.97-232.51    213.43

 0 - 35% Choice      190    61.8    945-945       945    222.43-222.43    222.43

Total all grades   2,087    62.4    803-967       910    208.97-240.50    218.57

HEIFER

Over 80% Choice       89    63.3    846-846       846    243.49-243.49    243.49

65 - 80% Choice      224    66.5    841-841       841    209.48-209.48    209.48

35 - 65% Choice       90    62.6    840-840       840    241.20-241.20    241.20

 0 - 35% Choice                        -                       -

Total all grades     403    64.9    840-846       842    209.48-243.49    224.07

MIXED STEER/HEIFER

Over 80% Choice      642    61.7    835-992       941    212.91-219.17    213.95

65 - 80% Choice      407    61.6    821-860       835    207.43-239.76    223.07

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades   1,049    61.7    821-992       900    207.43-239.76    217.48

ALL STEERS & HEIFERS

                   3,539    62.5    803-992       899    207.43-243.49    218.88

MIXED STEER/HEIFER/COW

Over 80% Choice      138    65.1    820-820       820    214.11-214.11    214.11

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     138    65.1    820-820       820    214.11-214.11    214.11

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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