Advice and Tips

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Import

LM_CT152

St. Joseph, MO    Mon, Oct 6, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 10/05/2014



                              IMPORTED CATTLE ONLY



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

Formula Net:              3,027       0   3,027         1,523            NA 

Negotiated Grid Net:          0       0       0            16  NA

Forward Contract Net:     4,715       0   4,715         4,655            NA 

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

                          FORMULA NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

Over 80% Choice      750    62.9    914-960       938    244.52-247.13    245.04

65 - 80% Choice      334    63.4    877-917       902    245.78-245.78    245.78

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades   1,084    63.1    877-960       927    244.52-247.13    245.27

HEIFER

Over 80% Choice       48    63.8    813-813       813    249.30-249.30    249.30

65 - 80% Choice      555    62.8    851-915       875    245.78-254.85    248.81

35 - 65% Choice       13    62.8    836-836       836    241.88-241.88    241.88

 0 - 35% Choice                        -                       -

Total all grades     616    62.9    813-915       870    241.88-254.85    248.71

MIXED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice       41    63.3    838-838       838    250.21-250.21    250.21

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      41    63.3    838-838       838    250.21-250.21    250.21

ALL STEERS & HEIFERS

                   1,741    63.0    813-960       904    241.88-254.85    246.60

MIXED STEER/HEIFER/COW

Over 80% Choice      192    63.9    842-842       842    244.74-244.74    244.74

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     192    63.9    842-842       842    244.74-244.74    244.74

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice                        -                       -

35 - 65% Choice    1,094    59.2    746-782       768    237.24-238.28    237.84

 0 - 35% Choice                        -                       -

Total all grades   1,094    59.2    746-782       768    237.24-238.28    237.84

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

                            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      235    62.7    873-956       904    215.24-236.16    224.15

65 - 80% Choice    1,212    62.6    843-932       869    201.91-242.26    224.74

35 - 65% Choice      339    63.7    856-947       910    215.70-218.03    216.63

 0 - 35% Choice                        -                       -

Total all grades   1,786    62.8    843-956       881    201.91-242.26    223.13

HEIFER

Over 80% Choice       45    62.4    858-858       858    217.72-217.72    217.72

65 - 80% Choice      132    63.3    892-892       892    218.90-218.90    218.90

35 - 65% Choice      718    63.2    855-967       932    213.33-218.42    215.79

 0 - 35% Choice      452    62.8    950-959       955    218.39-218.90    218.62

Total all grades   1,347    63.0    855-967       933    213.33-218.90    217.11

MIXED STEER/HEIFER

Over 80% Choice      130    61.3    860-889       870    223.54-223.70    223.59

65 - 80% Choice      256    62.2    839-934       901    213.79-215.60    214.43

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     386    61.9    839-934       890    213.79-223.70    217.51

ALL STEERS & HEIFERS

                   3,519    62.8    839-967       902    201.91-242.26    220.21

MIXED STEER/HEIFER/COW

Over 80% Choice      957    63.2    801-986       849    207.64-224.53    211.13

65 - 80% Choice      239    63.2    845-866       860    214.61-222.08    219.89

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades   1,196    63.2    801-986       851    207.64-224.53    212.88

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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