Advice and Tips

Weekly Direct Slaughter Cattle - Packer Owned Cattle

LM_CT153  ***Correction to March 2015 Max Basis Level***

St. Joseph, MO   Mon Sep 22, 2014    USDA Market News



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE - PRIOR WEEK SLAUGHTER AND CONTRACT

PURCHASES



For Week Ending Sunday, 09/21/2014



                           A:   PACKER OWNED SLAUGHTER

Domestic:

       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG

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

      23,221      750-992           875       64.4          65.5          87.3



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                 56,335

  Formula                         234,353

  Negotiated                       91,080

  Negotiated Grid                  20,280



Imported:

  Forward Contract                  4,045

  Formula                             129

  Negotiated                          782

  Negotiated Grid                       0



Total Slaughtered Head Count:     407,004



                  C:    FORWARD CONTRACT PURCHASED CATTLE WEEKLY



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

             61,667                              1,711,835



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

                           Week       For Month          Avg      Min     Max

Sep '14/Feb

Sep '14/Apr

Sep '14/Jun

Sep '14/Aug                                79

Sep '14/Oct              14,398       321,415          $3.17    $0.00    $5.00

Sep '14/Dec

Total Sep Deliveries     14,398       321,494

Last Yr Sep Deliveries                185,414



Oct '14/Feb

Oct '14/Apr

Oct '14/Jun

Oct '14/Aug

Oct '14/Oct               1,460       326,836          $1.88   ($8.00)   $3.00

Oct '14/Dec

Total Oct Deliveries      1,460       326,836

Last Yr Oct Deliveries                235,573



Nov '14/Feb

Nov '14/Apr

Nov '14/Jun

Nov '14/Aug

Nov '14/Oct                               231

Nov '14/Dec               7,610       253,380          $2.07   ($7.50)   $4.00

Total Nov Deliveries      7,610       253,611

Last Yr Nov Deliveries                258,040



Dec '14/Feb

Dec '14/Apr

Dec '14/Jun

Dec '14/Aug

Dec '14/Oct

Dec '14/Dec              11,385       216,889          $2.39   ($7.50)   $4.00

Total Dec Deliveries     11,385       216,889

Last Yr Dec Deliveries                228,016



Jan '15/Feb               5,091       117,759          $1.65   ($8.00)   $4.00

Jan '15/Apr

Jan '15/Jun

Jan '15/Aug

Jan '15/Oct

Jan '15/Dec

Total Jan Deliveries      5,091       117,759

Last Yr Jan Deliveries                205,020



Feb '15/Feb               5,727       110,225         ($0.27) ($13.50)   $3.00

Feb '15/Apr

Feb '15/Jun

Feb '15/Aug

Feb '15/Oct

Feb '15/Dec

Total Feb Deliveries      5,727       110,225

Last Yr Feb Deliveries                237,754



Mar '15/Feb                               245

Mar '15/Apr               4,046        92,858         ($0.15)  ($9.00) **$3.00**

Mar '15/Jun

Mar '15/Aug

Mar '15/Oct

Mar '15/Dec

Total Mar Deliveries      4,046        93,103

Last Yr Mar Deliveries                253,737



Apr '15/Feb

Apr '15/Apr               3,048       110,410         ($1.67)  ($9.00)   $3.00

Apr '15/Jun

Apr '15/Aug

Apr '15/Oct

Apr '15/Dec

Total Apr Deliveries      3,048       110,410

Last Yr Apr Deliveries                421,737



May '15/Feb

May '15/Apr

May '15/Jun               1,161        40,469         ($1.20)  ($9.18)   $3.50

May '15/Aug

May '15/Oct

May '15/Dec

Total May Deliveries      1,161        40,469

Last Yr May Deliveries                300,491



Jun '15/Feb

Jun '15/Apr

Jun '15/Jun               1,700        33,153         ($4.98) ($11.00)   $1.00

Jun '15/Aug

Jun '15/Oct

Jun '15/Dec

Total Jun Deliveries      1,700        33,192

Last Yr Jun Deliveries                266,675



Jul '15/Feb

Jul '15/Apr

Jul '15/Jun

Jul '15/Aug               1,972        22,400         ($6.20) ($10.00)  ($4.00)

Jul '15/Oct

Jul '15/Dec

Total Jul Deliveries      1,972        22,400

Last Yr Jul Deliveries                202,572



Aug '15/Feb

Aug '15/Apr

Aug '15/Jun

Aug '15/Aug               1,445        15,908         ($3.76)  ($7.50)   $4.00

Aug '15/Oct

Aug '15/Dec

Total Aug Deliveries      1,445        15,908

Last Yr Aug Deliveries                243,432



Sep '15/Feb

Sep '15/Apr

Sep '15/Jun

Sep '15/Aug

Sep '15/Oct               1,378        15,946         ($7.37) ($11.00)  ($1.00)

Sep '15/Dec

Total Sep Deliveries      1,378        15,946

Last Yr Sep Deliveries                321,494



Oct '15/Feb

Oct '15/Apr

Oct '15/Jun

Oct '15/Aug

Oct '15/Oct                 308        14,830         ($6.82)  ($8.00)  ($1.00)

Oct '15/Dec

Total Oct Deliveries        308        14,830

Last Yr Oct Deliveries                326,836



Nov '15/Feb

Nov '15/Apr

Nov '15/Jun

Nov '15/Aug

Nov '15/Oct

Nov '15/Dec                 463         9,526         ($4.24)  ($8.00)   $0.00

Total Nov Deliveries        463         9,526

Last Yr Nov Deliveries                253,611



Dec '15/Feb

Dec '15/Apr

Dec '15/Jun

Dec '15/Aug

Dec '15/Oct

Dec '15/Dec                 475         9,237         ($4.85)  ($7.50)  ($3.00)

Total Dec Deliveries        475         9,237

Last Yr Dec Deliveries                216,889



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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