Advice and Tips

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Import

LM_CT152

St. Joseph, MO   Mon, Oct 20, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 10/19/2014



                              IMPORTED CATTLE ONLY



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

Formula Net:              1,447       0   1,447            41          1,509

Negotiated Grid Net:        280       0     280           514             42

Forward Contract Net:     3,683       0   3,683         4,432          1,496

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

                          FORMULA NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

Over 80% Choice      202    63.1    939-939       939    257.66-257.66    257.66

65 - 80% Choice      360    62.7    947-947       947    256.86-256.86    256.86

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     562    62.8    939-947       944    256.86-257.66    257.15

HEIFER

Over 80% Choice      181    62.5    854-854       854    257.78-257.78    257.78

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     181    62.5    854-854       854    257.78-257.78    257.78

MIXED STEER/HEIFER

Over 80% Choice       90    63.2    820-834       827    259.85-262.10    261.00

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      90    63.2    820-834       827    259.85-262.10    261.00

ALL STEERS & HEIFERS

                     833    62.8    820-947       912    256.86-262.10    257.70

MIXED STEER/HEIFER/COW

Over 80% Choice      614    63.4    832-856       851    256.98-257.65    257.13

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     614    63.4    832-856       851    256.98-257.65    257.13

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                        -                       -

 0 - 35% Choice      280    63.4    966-966       966    248.00-248.00    248.00

Total all grades     280    63.4    966-966       966    248.00-248.00    248.00

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                     280    63.4    966-966       966    248.00-248.00    248.00

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    1,027    61.9    835-938       863    217.25-238.45    224.68

65 - 80% Choice      755    64.0    860-900       877    209.37-214.87    212.87

35 - 65% Choice      891    63.8    850-906       881    209.42-214.57    210.89

 0 - 35% Choice                        -                       -

Total all grades   2,673    63.1    835-938       873    209.37-238.45    216.75

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice      184    61.7    812-836       824    220.63-221.90    221.27

65 - 80% Choice      261    62.8    862-862       862    249.21-249.21    249.21

35 - 65% Choice      260    62.9    845-845       845    249.12-249.12    249.12

 0 - 35% Choice                        -                       -

Total all grades     705    62.5    812-862       846    220.63-249.21    241.88

ALL STEERS & HEIFERS

                   3,378    63.0    812-938       867    209.37-249.21    221.99

MIXED STEER/HEIFER/COW

Over 80% Choice      242    63.0    894-894       894    207.97-207.97    207.97

65 - 80% Choice                        -                       -

35 - 65% Choice       63    63.2    860-860       860    213.86-213.86    213.86

 0 - 35% Choice                        -                       -

Total all grades     305    63.0    860-894       887    207.97-213.86    209.19

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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