Advice and Tips

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Import

LM_CT152

St. Joseph, MO    Mon, Nov 3, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 11/02/2014



                              IMPORTED CATTLE ONLY



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

Formula Net:              3,087       0   3,087         3,941          2,871

Negotiated Grid Net:        236       0     236           132

Forward Contract Net:     5,576       0   5,576         7,032          1,253

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

                          FORMULA NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

Over 80% Choice      809    62.9    930-985       956    250.26-261.96    256.52

65 - 80% Choice      522    62.3    924-939       936    262.08-262.57    262.48

35 - 65% Choice      121    61.8    893-905       897    259.09-260.23    259.47

 0 - 35% Choice                        -                       -

Total all grades   1,452    62.6    893-985       944    250.26-262.57    258.91

HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice       44    62.5    844-844       844    260.30-260.30    260.30

35 - 65% Choice       81    63.2    810-810       810    248.78-248.78    248.78

 0 - 35% Choice                        -                       -

Total all grades     125    63.0    810-844       822    248.78-260.30    252.84

MIXED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice       84    62.1    865-865       865    268.23-268.23    268.23

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      84    62.1    865-865       865    268.23-268.23    268.23

ALL STEERS & HEIFERS

                   1,661    62.6    810-985       931    248.78-268.23    258.92

MIXED STEER/HEIFER/COW

Over 80% Choice      571    63.1    865-928       896    256.30-264.47    260.33

65 - 80% Choice      357    62.9    858-858       858    253.48-253.48    253.48

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     928    63.0    858-928       881    253.48-264.47    257.70

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice       45    59.0    795-795       795    258.29-258.29    258.29

35 - 65% Choice      453    59.2    769-780       775    250.25-250.25    250.25

 0 - 35% Choice                        -                       -

Total all grades     498    59.1    769-795       776    250.25-258.29    250.98

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

                            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       38    63.4    910-910       910    244.95-244.95    244.95

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      38    63.4    910-910       910    244.95-244.95    244.95

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice      198    62.3    938-941       940    256.75-258.00    257.26

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     198    62.3    938-941       940    256.75-258.00    257.26

ALL STEERS & HEIFERS

                     236    62.5    910-941       935    244.95-258.00    255.28

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    1,272    62.8    868-1,011     941    203.99-240.24    215.45

65 - 80% Choice    1,768    63.2    874-1,016     933    207.13-238.71    217.23

35 - 65% Choice      648    63.5    875-936       897    213.67-219.86    216.41

 0 - 35% Choice      577    63.3    886-1,011     946    207.82-217.33    212.37

Total all grades   4,265    63.2    868-1,016     932    203.99-240.24    215.92

HEIFER

Over 80% Choice       41    62.2    915-915       915    239.68-239.68    239.68

65 - 80% Choice      196    61.9    774-774       774    244.46-244.46    244.46

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     237    62.0    774-915       798    239.68-244.46    243.63

MIXED STEER/HEIFER

Over 80% Choice       80    62.2    845-845       845    241.66-241.66    241.66

65 - 80% Choice      134    61.7    835-835       835    209.54-209.54    209.54

35 - 65% Choice      128    61.6    838-838       838    207.41-207.41    207.41

 0 - 35% Choice                        -                       -

Total all grades     342    61.8    835-845       838    207.41-241.66    216.26

ALL STEERS & HEIFERS

                   4,844    63.0    774-1,016     918    203.99-244.46    217.30

MIXED STEER/HEIFER/COW

Over 80% Choice      327    63.1    853-861       859    208.07-219.40    211.74

65 - 80% Choice      210    63.9    853-853       853    209.92-209.92    209.92

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     537    63.4    853-861       857    208.07-219.40    211.03

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice      195    59.1    901-901       901    242.30-242.30    242.30

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     195    59.1    901-901       901    242.30-242.30    242.30

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

                       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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