Advice and Tips

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Import

LM_CT152

St. Joseph, MO   Mon, Oct 27, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 10/26/2014



                              IMPORTED CATTLE ONLY



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

Formula Net:              3,941       0   3,941         1,447          2,852

Negotiated Grid Net:        132       0     132           280            638

Forward Contract Net:     7,032       0   7,032         3,683          3,262

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

                          FORMULA NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

Over 80% Choice    1,049    63.0    900-976       951    253.36-260.21    256.13

65 - 80% Choice      786    63.4    838-975       919    254.30-260.21    258.02

35 - 65% Choice       40    62.7    953-953       953    252.30-252.30    252.30

 0 - 35% Choice                        -                       -

Total all grades   1,875    63.1    838-976       937    252.30-260.21    256.84

HEIFER

Over 80% Choice      141    62.9    834-834       834    257.78-257.78    257.78

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     141    62.9    834-834       834    257.78-257.78    257.78

MIXED STEER/HEIFER

Over 80% Choice       43    63.3    890-890       890    264.87-264.87    264.87

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      43    63.3    890-890       890    264.87-264.87    264.87

ALL STEERS & HEIFERS

                   2,059    63.1    834-976       929    252.30-264.87    257.07

MIXED STEER/HEIFER/COW

Over 80% Choice      109    62.4    890-890       890    258.79-258.79    258.79

65 - 80% Choice                        -                       -

35 - 65% Choice      433    62.2    868-917       881    251.35-255.59    254.86

 0 - 35% Choice      294    64.9    919-919       919    255.58-255.58    255.58

Total all grades     836    63.2    868-919       896    251.35-258.79    255.62

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice      319    60.5    785-785       785    250.28-250.28    250.28

35 - 65% Choice      727    59.3    778-782       781    247.51-250.28    249.58

 0 - 35% Choice                        -                       -

Total all grades   1,046    59.7    778-785       782    247.51-250.28    249.80

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

                            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      114    62.4    868-868       868    256.27-256.27    256.27

 0 - 35% Choice       18    62.3    837-837       837    251.29-251.29    251.29

Total all grades     132    62.4    837-868       864    251.29-256.27    255.59

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                     132    62.4    837-868       864    251.29-256.27    255.59

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    2,106    62.5    865-1,008     909    211.53-238.48    223.67

65 - 80% Choice    2,041    63.1    816-989       949    201.34-248.40    214.77

35 - 65% Choice      425    63.6    880-900       890    211.74-213.00    212.34

 0 - 35% Choice                        -                       -

Total all grades   4,572    62.9    816-1,008     925    201.34-248.40    218.64

HEIFER

Over 80% Choice       70    63.4    859-859       859    243.10-243.10    243.10

65 - 80% Choice      288    62.8    815-867       839    206.50-240.94    225.04

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     358    62.9    815-867       843    206.50-243.10    228.57

MIXED STEER/HEIFER

Over 80% Choice      345    61.9    791-899       853    223.52-249.84    238.08

65 - 80% Choice      350    62.5    851-898       873    209.73-249.81    234.44

35 - 65% Choice      276    63.1    812-815       812    243.48-249.21    248.15

 0 - 35% Choice                        -                       -

Total all grades     971    62.5    791-899       849    209.73-249.84    239.63

ALL STEERS & HEIFERS

                   5,901    62.8    791-1,008     908    201.34-249.84    222.70

MIXED STEER/HEIFER/COW

Over 80% Choice      351    62.8    843-983       881    202.97-221.83    210.34

65 - 80% Choice      692    63.6    878-903       887    206.95-242.79    228.29

35 - 65% Choice       88    64.0    902-902       902    214.49-214.49    214.49

 0 - 35% Choice                        -                       -

Total all grades   1,131    63.4    843-983       887    202.97-242.79    221.64

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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