Advice and Tips

Weekly Direct Slaughter Cattle - Packer Owned Cattle

LM_CT153

St. Joseph, MO   Mon May 19, 2014    USDA Market News



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE - PRIOR WEEK SLAUGHTER AND CONTRACT

PURCHASES



For Week Ending Sunday, 05/18/2014



                           A:   PACKER OWNED SLAUGHTER

Domestic:

       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG

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

      23,301      685-931           820       64.2          70.1          91.6



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                 48,981

  Formula                         241,450

  Negotiated                      105,700

  Negotiated Grid                  20,509



Imported:

  Forward Contract                  4,396

  Formula                             870

  Negotiated                          488

  Negotiated Grid                      54



Total Slaughtered Head Count:     422,448



                  C:    FORWARD CONTRACT PURCHASED CATTLE WEEKLY



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

             53,795                              1,702,207



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               7,795       299,356          $8.65    $7.00    $9.50

May '14/Aug

May '14/Oct

May '14/Dec

Total May Deliveries      7,795       300,101

Last Yr May Deliveries                215,085



Jun '14/Feb                                90

Jun '14/Apr                                79

Jun '14/Jun               4,189       236,857          $8.61    $1.50    $9.00

Jun '14/Aug

Jun '14/Oct

Jun '14/Dec

Total Jun Deliveries      4,189       237,026

Last Yr Jun Deliveries                174,906



Jul '14/Feb

Jul '14/Apr

Jul '14/Jun                                39

Jul '14/Aug                 401       136,631         ($2.04)  ($8.00)   $0.50

Jul '14/Oct

Jul '14/Dec

Total Jul Deliveries        401       136,670

Last Yr Jul Deliveries                120,064



Aug '14/Feb

Aug '14/Apr

Aug '14/Jun

Aug '14/Aug               1,019       155,002         ($0.99)  ($7.00)   $0.00

Aug '14/Oct

Aug '14/Dec

Total Aug Deliveries      1,019       155,002

Last Yr Aug Deliveries                148,584



Sep '14/Feb

Sep '14/Apr

Sep '14/Jun

Sep '14/Aug

Sep '14/Oct               2,190       190,752         ($1.27) ($10.00)   $1.00

Sep '14/Dec

Total Sep Deliveries      2,190       190,752

Last Yr Sep Deliveries                185,414



Oct '14/Feb

Oct '14/Apr

Oct '14/Jun

Oct '14/Aug

Oct '14/Oct               6,423       226,693         ($1.13) ($13.00)   $2.00

Oct '14/Dec

Total Oct Deliveries      6,423       226,693

Last Yr Oct Deliveries                235,573



Nov '14/Feb

Nov '14/Apr

Nov '14/Jun

Nov '14/Aug

Nov '14/Oct

Nov '14/Dec               9,115       147,430         ($0.17) ($13.00)   $0.50

Total Nov Deliveries      9,115       147,430

Last Yr Nov Deliveries                258,040



Dec '14/Feb

Dec '14/Apr

Dec '14/Jun

Dec '14/Aug

Dec '14/Oct

Dec '14/Dec               2,554        97,098         ($2.75)  ($9.00)   $0.50

Total Dec Deliveries      2,554        97,098

Last Yr Dec Deliveries                228,016



Jan '15/Feb               2,534        54,654         ($2.62)  ($9.00)   $1.00

Jan '15/Apr

Jan '15/Jun

Jan '15/Aug

Jan '15/Oct

Jan '15/Dec

Total Jan Deliveries      2,534        54,654

Last Yr Jan Deliveries                204,694



Feb '15/Feb               3,904        47,510         ($2.39)  ($8.50)   $0.50

Feb '15/Apr

Feb '15/Jun

Feb '15/Aug

Feb '15/Oct

Feb '15/Dec

Total Feb Deliveries      3,904        47,510

Last Yr Feb Deliveries                237,754



Mar '15/Feb

Mar '15/Apr               4,615        42,281         ($2.60) ($10.00)   $1.25

Mar '15/Jun

Mar '15/Aug

Mar '15/Oct

Mar '15/Dec

Total Mar Deliveries      4,615        42,281

Last Yr Mar Deliveries                253,824



Apr '15/Feb

Apr '15/Apr               5,242        45,983         ($2.77)  ($8.50)   $0.50

Apr '15/Jun

Apr '15/Aug

Apr '15/Oct

Apr '15/Dec

Total Apr Deliveries      5,242        45,983

Last Yr Apr Deliveries                421,698



May '15/Feb

May '15/Apr

May '15/Jun               2,617         9,987         ($2.45)  ($7.00)   $0.00

May '15/Aug

May '15/Oct

May '15/Dec

Total May Deliveries      2,617         9,987

Last Yr May Deliveries                300,101



Jun '15/Feb

Jun '15/Apr

Jun '15/Jun                 267         6,812         ($5.82)  ($6.50)  ($1.00)

Jun '15/Aug

Jun '15/Oct

Jun '15/Dec

Total Jun Deliveries        267         6,812

Last Yr Jun Deliveries                237,026



Jul '15/Feb

Jul '15/Apr

Jul '15/Jun

Jul '15/Aug                 529         2,567         ($4.22)  ($7.00)  ($4.00)

Jul '15/Oct

Jul '15/Dec

Total Jul Deliveries        529         2,567

Last Yr Jul Deliveries                136,670



Aug '15/Feb

Aug '15/Apr

Aug '15/Jun

Aug '15/Aug                 401         1,641         ($5.17)  ($7.00)  ($4.00)

Aug '15/Oct

Aug '15/Dec

Total Aug Deliveries        401         1,641

Last Yr Aug Deliveries                155,002



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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