Advice and Tips

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Import

LM_CT152

St. Joseph, MO   Mon, Sep 29, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 09/28/2014



                              IMPORTED CATTLE ONLY



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

Formula Net:              1,523       0   1,523           983          1,525

Negotiated Grid Net:         16       0      16             0              0

Forward Contract Net:     4,655       0   4,655         4,266          3,200

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

                          FORMULA NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

Over 80% Choice      113    63.0    944-960       956    245.38-255.62    248.28

65 - 80% Choice      203    62.7    941-941       941    243.06-243.06    243.06

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     316    62.8    941-960       946    243.06-255.62    244.93

HEIFER

Over 80% Choice       78    63.3    830-830       830    249.00-249.00    249.00

65 - 80% Choice       71    63.4    837-837       837    246.76-246.76    246.76

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     149    63.3    830-837       833    246.76-249.00    247.93

MIXED STEER/HEIFER

Over 80% Choice       42    62.3    852-900       882    252.10-252.21    252.14

65 - 80% Choice      145    62.6    746-914       862    246.50-255.01    249.14

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     187    62.5    746-914       867    246.50-255.01    249.82

ALL STEERS & HEIFERS

                     652    62.8    746-960       897    243.06-255.62    247.02

MIXED STEER/HEIFER/COW

Over 80% Choice      375    62.6    704-842       798    244.74-249.64    246.71

65 - 80% Choice       46    63.5    846-846       846    244.93-244.93    244.93

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     421    62.7    704-846       803    244.74-249.64    246.51

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice      450    59.4    764-800       781    238.20-238.24    238.22

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     450    59.4    764-800       781    238.20-238.24    238.22

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

                            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       16    59.5    789-789       789    245.07-245.07    245.07

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      16    59.5    789-789       789    245.07-245.07    245.07

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                      16    59.5    789-789       789    245.07-245.07    245.07

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      442    62.4    861-862       861    208.97-216.43    210.32

65 - 80% Choice      647    62.3    926-1,005     948    206.82-211.09    208.74

35 - 65% Choice      927    62.3    858-978       918    204.47-226.82    213.02

 0 - 35% Choice      309    64.5    856-898       886    216.43-216.43    216.43

Total all grades   2,325    62.6    856-1,005     911    204.47-226.82    211.77

HEIFER

Over 80% Choice      137    62.5    828-830       830    210.92-217.47    215.37

65 - 80% Choice      239    63.3    869-869       869    206.19-206.19    206.19

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     376    63.0    828-869       855    206.19-217.47    209.53

MIXED STEER/HEIFER

Over 80% Choice      420    61.7    838-913       879    222.28-247.26    236.79

65 - 80% Choice      400    61.9    815-911       842    209.30-221.60    219.50

35 - 65% Choice      304    61.9    835-843       839    205.94-207.64    206.77

 0 - 35% Choice                        -                       -

Total all grades   1,124    61.8    815-913       855    205.94-247.26    222.52

ALL STEERS & HEIFERS

                   3,825    62.4    815-1,005     889    204.47-247.26    214.71

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                       -

65 - 80% Choice      830    62.9    836-868       841    204.90-242.44    216.89

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     830    62.9    836-868       841    204.90-242.44    216.89

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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