Advice and Tips

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Import

LM_CT152

St. Joseph, MO   Mon, Nov 10, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 11/09/2014



                              IMPORTED CATTLE ONLY



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

Formula Net:              1,370       0   1,370         3,087          1,510

Negotiated Grid Net:          0       0       0           236             11

Forward Contract Net:     5,365       0   5,365         5,576          2,959

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

                          FORMULA NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

Over 80% Choice      316    62.5    949-949       949    261.75-261.75    261.75

65 - 80% Choice      502    62.3    899-991       961    261.44-263.70    262.18

35 - 65% Choice       41    63.7    914-914       914    252.55-252.55    252.55

 0 - 35% Choice                        -                       -

Total all grades     859    62.5    899-991       954    252.55-263.70    261.56

HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice                        -                       -

35 - 65% Choice       87    60.9    851-851       851    266.00-266.00    266.00

 0 - 35% Choice                        -                       -

Total all grades      87    60.9    851-851       851    266.00-266.00    266.00

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                     946    62.3    851-991       945    252.55-266.00    261.97

MIXED STEER/HEIFER/COW

Over 80% Choice      259    62.7    871-871       871    263.16-263.16    263.16

65 - 80% Choice                        -                       -

35 - 65% Choice      165    63.3    888-888       888    266.75-266.75    266.75

 0 - 35% Choice                        -                       -

Total all grades     424    62.9    871-888       878    263.16-266.75    264.56

DAIRYBRED STEER/HEIFER

 No Reportable Trade.

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

                            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    1,186    62.0    851-971       895    213.11-242.79    224.72

65 - 80% Choice    1,856    63.2    851-1,003     913    211.98-263.14    227.87

35 - 65% Choice      759    62.8    859-984       917    220.72-241.10    233.98

 0 - 35% Choice      559    63.1    884-1,017     968    203.97-217.97    209.35

Total all grades   4,360    62.8    851-1,017     916    203.97-263.14    225.70

HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice       59    62.3    905-905       905    261.59-261.59    261.59

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      59    62.3    905-905       905    261.59-261.59    261.59

MIXED STEER/HEIFER

Over 80% Choice      347    61.8    800-903       862    210.12-247.83    229.12

65 - 80% Choice       92    61.1    819-819       819    222.92-222.92    222.92

35 - 65% Choice      255    62.5    863-863       863    250.97-250.97    250.97

 0 - 35% Choice                        -                       -

Total all grades     694    62.0    800-903       857    210.12-250.97    236.33

ALL STEERS & HEIFERS

                   5,113    62.7    800-1,017     908    203.97-263.14    227.56

MIXED STEER/HEIFER/COW

Over 80% Choice      252    63.2    899-962       928    209.13-211.66    210.31

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     252    63.2    899-962       928    209.13-211.66    210.31

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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