Advice and Tips

Weekly Direct Slaughter Cattle - Packer Owned Cattle

LM_CT153

St. Joseph, MO   Mon May 26, 2014    USDA Market News



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE - PRIOR WEEK SLAUGHTER AND CONTRACT

PURCHASES



For Week Ending Sunday, 05/25/2014



                           A:   PACKER OWNED SLAUGHTER

Domestic:

       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG

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

      22,573      712-968           834       64.1          62.3          91.5



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                 73,192

  Formula                         245,288

  Negotiated                       95,791

  Negotiated Grid                  21,270



Imported:

  Forward Contract                  3,758

  Formula                             260

  Negotiated                          693

  Negotiated Grid                       0



Total Slaughtered Head Count:     440,252



                  C:    FORWARD CONTRACT PURCHASED CATTLE WEEKLY



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

             46,088                              1,748,372



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                           299,356

May '14/Aug

May '14/Oct

May '14/Dec

Total May Deliveries                  300,101

Last Yr May Deliveries                215,085



Jun '14/Feb                                90

Jun '14/Apr                                79

Jun '14/Jun                 111       236,918          $1.00    $1.00    $1.00

Jun '14/Aug

Jun '14/Oct

Jun '14/Dec

Total Jun Deliveries        111       237,087

Last Yr Jun Deliveries                174,906



Jul '14/Feb

Jul '14/Apr

Jul '14/Jun                                39

Jul '14/Aug               2,121       138,752         ($1.22)  ($7.00)   $0.00

Jul '14/Oct

Jul '14/Dec

Total Jul Deliveries      2,121       138,791

Last Yr Jul Deliveries                120,064



Aug '14/Feb

Aug '14/Apr

Aug '14/Jun

Aug '14/Aug              10,315       165,317         ($0.28)  ($7.00)   $0.50

Aug '14/Oct

Aug '14/Dec

Total Aug Deliveries     10,315       165,317

Last Yr Aug Deliveries                148,584



Sep '14/Feb

Sep '14/Apr

Sep '14/Jun

Sep '14/Aug

Sep '14/Oct               3,906       194,658         ($1.45)  ($8.00)   $0.00

Sep '14/Dec

Total Sep Deliveries      3,906       194,658

Last Yr Sep Deliveries                185,414



Oct '14/Feb

Oct '14/Apr

Oct '14/Jun

Oct '14/Aug

Oct '14/Oct               5,135       231,828         ($0.51) ($10.00)   $0.50

Oct '14/Dec

Total Oct Deliveries      5,135       231,828

Last Yr Oct Deliveries                235,573



Nov '14/Feb

Nov '14/Apr

Nov '14/Jun

Nov '14/Aug

Nov '14/Oct

Nov '14/Dec               5,330       152,760         ($0.93)  ($9.00)   $0.50

Total Nov Deliveries      5,330       152,760

Last Yr Nov Deliveries                258,040



Dec '14/Feb

Dec '14/Apr

Dec '14/Jun

Dec '14/Aug

Dec '14/Oct

Dec '14/Dec               3,215       100,313         ($1.58) ($10.00)   $3.00

Total Dec Deliveries      3,215       100,313

Last Yr Dec Deliveries                228,016



Jan '15/Feb               2,384        57,038         ($2.97) ($13.00)   $0.00

Jan '15/Apr

Jan '15/Jun

Jan '15/Aug

Jan '15/Oct

Jan '15/Dec

Total Jan Deliveries      2,384        57,038

Last Yr Jan Deliveries                205,020



Feb '15/Feb               1,823        49,333         ($5.15) ($13.00)   $1.00

Feb '15/Apr

Feb '15/Jun

Feb '15/Aug

Feb '15/Oct

Feb '15/Dec

Total Feb Deliveries      1,823        49,333

Last Yr Feb Deliveries                237,754



Mar '15/Feb

Mar '15/Apr               2,434        44,842         ($4.17) ($13.00)   $0.50

Mar '15/Jun

Mar '15/Aug

Mar '15/Oct

Mar '15/Dec

Total Mar Deliveries      2,434        44,842

Last Yr Mar Deliveries                253,697



Apr '15/Feb

Apr '15/Apr               3,733        49,716         ($7.64) ($12.00)   $1.00

Apr '15/Jun

Apr '15/Aug

Apr '15/Oct

Apr '15/Dec

Total Apr Deliveries      3,733        49,716

Last Yr Apr Deliveries                421,698



May '15/Feb

May '15/Apr

May '15/Jun               2,253        12,240         ($4.90)  ($7.00)  ($2.00)

May '15/Aug

May '15/Oct

May '15/Dec

Total May Deliveries      2,253        12,240

Last Yr May Deliveries                300,101



Jun '15/Feb

Jun '15/Apr

Jun '15/Jun                 857         7,669         ($5.07)  ($6.50)  ($3.00)

Jun '15/Aug

Jun '15/Oct

Jun '15/Dec

Total Jun Deliveries        857         7,669

Last Yr Jun Deliveries                237,087



Jul '15/Feb

Jul '15/Apr

Jul '15/Jun

Jul '15/Aug               1,187         3,754         ($4.79)  ($7.00)  ($4.00)

Jul '15/Oct

Jul '15/Dec

Total Jul Deliveries      1,187         3,754

Last Yr Jul Deliveries                138,791



Aug '15/Feb

Aug '15/Apr

Aug '15/Jun

Aug '15/Aug               1,284         2,925         ($4.55)  ($7.00)  ($4.00)

Aug '15/Oct

Aug '15/Dec

Total Aug Deliveries      1,284         2,925

Last Yr Aug Deliveries                165,317



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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