Advice and Tips

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Import

LM_CT152

St. Joseph, MO   Mon, Oct 13, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 10/12/2014



                              IMPORTED CATTLE ONLY



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

Formula Net:                 41       0      41         3,027         NA

Negotiated Grid Net:        514       0     514           0           NA

Forward Contract Net:     4,432       0   4,432         4,715         NA

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

                          FORMULA NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

Over 80% Choice       41    61.5    925-925       925    251.40-251.40    251.40

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      41    61.5    925-925       925    251.40-251.40    251.40

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                      41    61.5    925-925       925    251.40-251.40    251.40

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

 No Reportable Trade.

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

                            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                        -                       -

35 - 65% Choice      514    63.3    973-998       987    243.97-248.00    245.14

 0 - 35% Choice                        -                       -

Total all grades     514    63.3    973-998       987    243.97-248.00    245.14

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                     514    63.3    973-998       987    243.97-248.00    245.14

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    1,308    62.2    849-976       892    209.30-242.05    224.24

65 - 80% Choice      654    62.3    857-975       950    205.46-217.53    208.45

35 - 65% Choice      494    63.8    856-898       869    208.55-229.29    214.87

 0 - 35% Choice      539    64.1    851-874       869    221.37-221.37    221.37

Total all grades   2,995    62.8    849-976       897    205.46-242.05    218.73

HEIFER

Over 80% Choice      358    63.3    813-821       816    215.48-217.81    216.25

65 - 80% Choice      457    63.1    938-961       949    216.56-218.53    217.65

35 - 65% Choice                        -                       -

 0 - 35% Choice      322    63.0    968-985       976    212.96-213.33    213.15

Total all grades   1,137    63.1    813-985       915    212.96-218.53    215.93

MIXED STEER/HEIFER

Over 80% Choice       41    60.0    830-892       872    256.25-256.87    256.45

65 - 80% Choice                        -                       -

35 - 65% Choice      259    63.7    867-867       867    247.66-247.66    247.66

 0 - 35% Choice                        -                       -

Total all grades     300    63.2    830-892       867    247.66-256.87    248.86

ALL STEERS & HEIFERS

                   4,432    62.9    813-985       899    205.46-256.87    220.05

MIXED STEER/HEIFER/COW

 No Reportable Trade.

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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