Advice and Tips

Weekly Direct Slaughter Cattle - Packer Owned Cattle

LM_CT153

St. Joseph, MO   Mon May 12, 2014    USDA Market News



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE - PRIOR WEEK SLAUGHTER AND CONTRACT

PURCHASES



For Week Ending Sunday, 05/11/2014



                           A:   PACKER OWNED SLAUGHTER

Domestic:

       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG

       Count       Wt Range      Carcass    Dressing%     or Better        1,2,3

      23,215      713-943           837       64.2          59.8          93.6



Imported:

       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG

       Count       Wt Range      Carcass    Dressing%     or Better        1,2,3

                     -



       B:   PRIOR WEEK SLAUGHTERED FORMULA AND FORWARD CONTRACT HEAD COUNT



Domestic:                      Head Count

  Forward Contract                 51,378

  Formula                         246,455

  Negotiated                      105,448

  Negotiated Grid                  23,176



Imported:

  Forward Contract                  5,216

  Formula                           2,879

  Negotiated                          688

  Negotiated Grid                     175



Total Slaughtered Head Count:     435,415



                  C:    FORWARD CONTRACT PURCHASED CATTLE WEEKLY



Total New signings last week:        Cumulative Total for listed months:

             43,420                              1,648,412



Delivery Mo./Basis Mo.   New Last  Cumulative Total   Basis Wtd   Basis Level

                           Week       For Month          Avg      Min     Max

May '14/Feb

May '14/Apr                               745

May '14/Jun               8,691       291,561          $8.62    $0.00    $9.50

May '14/Aug

May '14/Oct

May '14/Dec

Total May Deliveries      8,691       292,306

Last Yr May Deliveries                215,085



Jun '14/Feb                                90

Jun '14/Apr                                79

Jun '14/Jun                 874       232,668         ($0.29)  ($6.50)   $0.00

Jun '14/Aug

Jun '14/Oct

Jun '14/Dec

Total Jun Deliveries        874       232,837

Last Yr Jun Deliveries                174,906



Jul '14/Feb

Jul '14/Apr

Jul '14/Jun                                39

Jul '14/Aug                 684       136,230         ($0.04)  ($2.00)   $0.50

Jul '14/Oct

Jul '14/Dec

Total Jul Deliveries        684       136,269

Last Yr Jul Deliveries                120,064



Aug '14/Feb

Aug '14/Apr

Aug '14/Jun

Aug '14/Aug                 967       153,983         ($1.81)  ($8.93)   $0.00

Aug '14/Oct

Aug '14/Dec

Total Aug Deliveries        967       153,983

Last Yr Aug Deliveries                148,584



Sep '14/Feb

Sep '14/Apr

Sep '14/Jun

Sep '14/Aug

Sep '14/Oct               4,255       188,562         ($1.16)  ($8.00)   $0.00

Sep '14/Dec

Total Sep Deliveries      4,255       188,562

Last Yr Sep Deliveries                185,414



Oct '14/Feb

Oct '14/Apr

Oct '14/Jun

Oct '14/Aug

Oct '14/Oct               8,064       220,270         ($0.65)  ($8.00)   $0.50

Oct '14/Dec

Total Oct Deliveries      8,064       220,270

Last Yr Oct Deliveries                235,573



Nov '14/Feb

Nov '14/Apr

Nov '14/Jun

Nov '14/Aug

Nov '14/Oct

Nov '14/Dec               6,849       138,315          $0.03   ($7.00)   $3.75

Total Nov Deliveries      6,849       138,315

Last Yr Nov Deliveries                258,040



Dec '14/Feb

Dec '14/Apr

Dec '14/Jun

Dec '14/Aug

Dec '14/Oct

Dec '14/Dec               2,881        94,544         ($1.53)  ($9.00)   $0.50

Total Dec Deliveries      2,881        94,544

Last Yr Dec Deliveries                228,016



Jan '15/Feb               1,519        52,120         ($4.14) ($10.00)  ($1.00)

Jan '15/Apr

Jan '15/Jun

Jan '15/Aug

Jan '15/Oct

Jan '15/Dec

Total Jan Deliveries      1,519        52,120

Last Yr Jan Deliveries                204,694



Feb '15/Feb               2,043        43,606         ($2.06)  ($9.09)   $1.00

Feb '15/Apr

Feb '15/Jun

Feb '15/Aug

Feb '15/Oct

Feb '15/Dec

Total Feb Deliveries      2,043        43,606

Last Yr Feb Deliveries                237,754



Mar '15/Feb

Mar '15/Apr               1,906        37,666         ($3.76)  ($9.09)   $1.00

Mar '15/Jun

Mar '15/Aug

Mar '15/Oct

Mar '15/Dec

Total Mar Deliveries      1,906        37,666

Last Yr Mar Deliveries                253,697



Apr '15/Feb

Apr '15/Apr               2,871        40,741         ($6.54)  ($9.00)   $1.00

Apr '15/Jun

Apr '15/Aug

Apr '15/Oct

Apr '15/Dec

Total Apr Deliveries      2,871        40,741

Last Yr Apr Deliveries                421,731



May '15/Feb

May '15/Apr

May '15/Jun                 573         7,370         ($7.57)  ($9.00)  ($6.00)

May '15/Aug

May '15/Oct

May '15/Dec

Total May Deliveries        573         7,370

Last Yr May Deliveries                292,306



Jun '15/Feb

Jun '15/Apr

Jun '15/Jun                 597         6,545         ($4.66)  ($7.00)   $0.00

Jun '15/Aug

Jun '15/Oct

Jun '15/Dec

Total Jun Deliveries        597         6,545

Last Yr Jun Deliveries                232,837



Jul '15/Feb

Jul '15/Apr

Jul '15/Jun

Jul '15/Aug                 362         2,038         ($4.97)  ($7.00)  ($4.00)

Jul '15/Oct

Jul '15/Dec

Total Jul Deliveries        362         2,038

Last Yr Jul Deliveries                136,269



Aug '15/Feb

Aug '15/Apr

Aug '15/Jun

Aug '15/Aug                 284         1,240         ($4.41)  ($7.00)  ($4.00)

Aug '15/Oct

Aug '15/Dec

Total Aug Deliveries        284         1,240

Last Yr Aug Deliveries                153,983



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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