Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Domestic

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LM_CT151
St Joseph, MO    Mon, Dec 09, 2013    USDA Market News Service

NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT
For Cattle Price During The Week Ending Sunday, 12/08/2013

                               DOMESTIC CATTLE ONLY

                        Dressed:  Live:   Total: Total Week Ago: Total Year Ago:
Formula Net:            195,246  43,194  238,440       210,653        245,689
Negotiated Grid Net:     18,980   4,792   23,772        20,119         26,515
Forward Contract Net:    38,348   7,050   45,398        50,675         48,376

                           FORMULA NET:  Dressed Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice   17,393     63.1     705-1,102     924   199.18-240.59   214.20
65 - 80% Choice   18,128     63.6     643-1,047     901   193.12-217.34   208.98
35 - 65% Choice   55,244     63.7     683-1,011     877   198.71-216.23   207.31
 0 - 35% Choice    9,162     63.5     708-968       848   193.72-211.93   205.53
Total all grades  99,927     63.6     643-1,102     887   193.12-240.59   208.65
HEIFER
Over 80% Choice   13,052     63.5     660-1,008     828   202.25-241.31   212.01
65 - 80% Choice   19,548     63.8     683-944       788   198.13-215.25   208.67
35 - 65% Choice   16,937     64.0     627-1,016     768   194.95-215.15   207.31
 0 - 35% Choice       96     62.5     727-727       727   202.80-202.80   202.80
Total all grades  49,633     63.8     627-1,016     791   194.95-241.31   209.07
MIXED STEER/HEIFER
Over 80% Choice    6,136     62.9     593-1,009     835   202.79-236.24   213.29
65 - 80% Choice    2,947     62.7     701-952       845   204.39-218.38   210.09
35 - 65% Choice    2,525     63.2     719-910       818   201.19-212.27   207.56
 0 - 35% Choice    1,595     59.8     647-830       732   199.14-208.00   205.61
Total all grades  13,203     62.5     593-1,009     821   199.14-236.24   210.55
ALL STEERS & HEIFERS
Total all grades 162,763     63.5     593-1,102     852   193.12-241.31   208.93
MIXED STEER/HEIFER/COW
Over 80% Choice    4,586     64.0     736-934       850   204.21-228.61   210.34
65 - 80% Choice    5,179     63.5     533-968       803   201.10-213.27   208.41
35 - 65% Choice    3,993     63.2     688-935       800   187.83-212.44   204.67
 0 - 35% Choice    1,241     58.1     582-957       834   177.06-202.26   186.72
Total all grades  14,999     63.1     533-968       819   177.06-228.61   206.21
DAIRYBRED STEER/HEIFER
Over 80% Choice    6,093     61.6     719-962       859   189.82-214.61   204.06
65 - 80% Choice    5,342     61.4     754-943       845   190.81-208.07   200.64
35 - 65% Choice    4,489     61.1     681-886       829   191.78-207.79   200.37
 0 - 35% Choice    1,560     60.7     748-863       802   188.69-202.21   196.12
Total all grades  17,484     61.3     681-962       842   188.69-214.61   201.36

                            FORMULA NET:  Live Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice    3,215     63.2   1,187-1,634   1,413   128.05-149.59   136.28
65 - 80% Choice    2,733     63.4   1,092-1,522   1,375   127.00-150.26   132.22
35 - 65% Choice   17,859     63.9   1,011-1,578   1,359   127.78-146.94   131.89
 0 - 35% Choice    1,770     63.6   1,097-1,472   1,341   127.81-133.07   130.63
Total all grades  25,577     63.8   1,011-1,634   1,366   127.00-150.26   132.39
HEIFER
Over 80% Choice    1,694     62.9   1,098-1,403   1,291   127.81-150.23   137.71
65 - 80% Choice    2,048     64.3   1,117-1,368   1,271   131.50-149.91   135.45
35 - 65% Choice    8,218     63.7     988-1,383   1,199   127.00-143.03   132.25
 0 - 35% Choice      379     61.9   1,043-1,452   1,275   126.00-133.00   128.49
Total all grades  12,339     63.6     988-1,452   1,226   126.00-150.23   133.41
MIXED STEER/HEIFER
Over 80% Choice      283     63.5   1,277-1,503   1,429   129.00-148.00   138.27
65 - 80% Choice      836     60.9   1,192-1,451   1,328   131.92-150.00   140.87
35 - 65% Choice      599     63.8   1,030-1,427   1,200   128.60-147.32   132.27
 0 - 35% Choice      195     63.0   1,456-1,456   1,456   132.44-132.44   132.44
Total all grades   1,913     62.4   1,030-1,503   1,316   128.60-150.00   136.93
ALL STEERS & HEIFERS
Total all grades  39,829     63.7     988-1,634   1,320   126.00-150.26   132.93
MIXED STEER/HEIFER/COW
  No Reportable Trade.
Total all grades                         -                      -
DAIRYBRED STEER/HEIFER
Over 80% Choice      255     61.3   1,391-1,451   1,443   124.00-125.00   124.53
65 - 80% Choice    1,074     61.4   1,291-1,460   1,367   117.07-126.22   122.93
35 - 65% Choice    1,970     60.6   1,162-1,404   1,322   119.00-131.94   123.34
 0 - 35% Choice       66     60.7   1,325-1,325   1,325   122.31-122.31   122.31
Total all grades   3,365     60.9   1,162-1,460   1,345   117.07-131.94   123.28

                       NEGOTIATED GRID NET:  Dressed Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice    2,745     62.7     706-1,033     911   201.08-216.91   209.51
65 - 80% Choice    1,034     62.8     688-982       834   194.99-211.77   206.20
35 - 65% Choice    2,552     63.0     661-1,022     861   186.64-210.00   203.64
 0 - 35% Choice      575     62.9     764-887       821   194.41-209.00   202.71
Total all grades   6,906     62.8     661-1,033     874   186.64-216.91   206.28
HEIFER
Over 80% Choice    1,774     62.9     710-957       796   202.00-215.31   209.40
65 - 80% Choice    1,068     63.2     679-878       777   203.18-214.01   208.80
35 - 65% Choice      478     63.8     672-887       775   192.63-206.73   201.82
 0 - 35% Choice       45     61.9     680-680       680   206.00-206.00   206.00
Total all grades   3,365     63.1     672-957       786   192.63-215.31   208.09
MIXED STEER/HEIFER
Over 80% Choice    1,605     63.0     685-1,047     815   188.37-223.00   210.56
65 - 80% Choice      390     62.3     655-916       782   200.91-208.29   204.55
35 - 65% Choice    1,350     62.8     676-911       759   184.46-220.07   200.88
 0 - 35% Choice      835     63.9     750-874       800   191.47-207.00   197.42
Total all grades   4,180     63.1     655-1,047     791   184.46-223.00   204.25
ALL STEERS & HEIFERS
Total all grades  14,451     63.0     655-1,047     829   184.46-223.00   206.11
MIXED STEER/HEIFER/COW
Over 80% Choice      651     63.4     724-899       849   199.13-219.76   215.26
65 - 80% Choice      713     63.6     743-895       808   198.98-213.61   207.36
35 - 65% Choice      248     61.6     755-860       805   184.40-206.00   195.68
 0 - 35% Choice      155     59.2     846-1,045     917   185.75-191.33   189.19
Total all grades   1,767     62.9     724-1,045     832   184.40-219.76   207.04
DAIRYBRED STEER/HEIFER
Over 80% Choice    1,456     60.4     607-910       841   186.33-211.18   198.17
65 - 80% Choice      544     60.2     720-911       829   182.52-201.00   194.93
35 - 65% Choice      486     59.4     687-835       777   178.84-200.00   189.61
 0 - 35% Choice      276     59.2     819-838       828   183.22-198.00   192.48
Total all grades   2,762     60.1     607-911       826   178.84-211.18   195.46

                        NEGOTIATED GRID NET:  Live Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice       25     64.9   1,187-1,187   1,187   130.50-130.50   130.50
65 - 80% Choice                          -                      -
35 - 65% Choice      417     62.4   1,086-1,322   1,241   123.48-132.00   129.16
 0 - 35% Choice                          -                      -
Total all grades     442     62.5   1,086-1,322   1,238   123.48-132.00   129.24
HEIFER
Over 80% Choice                          -                      -
65 - 80% Choice                          -                      -
35 - 65% Choice       17     64.3   1,185-1,185   1,185   132.50-132.50   132.50
 0 - 35% Choice                          -                      -
Total all grades      17     64.3   1,185-1,185   1,185   132.50-132.50   132.50
MIXED STEER/HEIFER
Over 80% Choice       50     63.9   1,264-1,264   1,264   126.80-126.80   126.80
65 - 80% Choice      283     63.0   1,062-1,455   1,241   129.65-133.00   131.76
35 - 65% Choice    1,057     63.2   1,066-1,437   1,227   125.57-132.50   129.09
 0 - 35% Choice    1,531     63.3   1,088-1,467   1,212   127.57-131.00   129.35
Total all grades   2,921     63.2   1,062-1,467   1,221   125.57-133.00   129.45
ALL STEERS & HEIFERS
Total all grades   3,380     63.1   1,062-1,467   1,223   123.48-133.00   129.44
MIXED STEER/HEIFER/COW
Over 80% Choice                          -                      -
65 - 80% Choice       94     63.1   1,106-1,179   1,143   129.50-131.00   130.25
35 - 65% Choice       82     62.9   1,342-1,517   1,434   117.56-131.00   123.95
 0 - 35% Choice                          -                      -
Total all grades     176     63.0   1,106-1,517   1,278   117.56-131.00   127.32
DAIRYBRED STEER/HEIFER
Over 80% Choice      327     61.4   1,349-1,472   1,411   120.41-123.74   122.04
65 - 80% Choice      513     61.6   1,280-1,479   1,388   122.07-125.28   123.71
35 - 65% Choice      396     61.8   1,323-1,378   1,354   118.37-123.13   122.06
 0 - 35% Choice                          -                      -
Total all grades   1,236     61.6   1,280-1,479   1,383   118.37-125.28   122.74

                      FORWARD CONTRACT NET:  Dressed Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice    1,466     62.8     722-1,018     928   201.39-213.21   207.72
65 - 80% Choice    4,649     63.5     711-1,015     932   195.68-212.79   206.08
35 - 65% Choice    5,484     63.6     737-970       869   196.29-217.70   206.79
 0 - 35% Choice    1,009     63.4     744-918       814   202.17-210.43   204.92
Total all grades  12,608     63.5     711-1,018     895   195.68-217.70   206.49
HEIFER
Over 80% Choice    2,464     63.5     682-975       835   192.33-216.76   207.17
65 - 80% Choice    1,735     63.7     722-918       833   198.46-214.60   205.36
35 - 65% Choice    2,022     64.0     722-952       802   201.29-210.35   206.75
 0 - 35% Choice      243     62.8     729-794       743   205.26-213.25   211.25
Total all grades   6,464     63.7     682-975       821   192.33-216.76   206.71
MIXED STEER/HEIFER
Over 80% Choice      482     62.3     821-921       874   205.28-212.72   207.23
65 - 80% Choice      214     63.0     787-819       793   203.40-207.19   204.07
35 - 65% Choice      102     63.0     873-873       873   211.67-211.67   211.67
 0 - 35% Choice                          -                      -
Total all grades     798     62.6     787-921       852   203.40-212.72   206.95
ALL STEERS & HEIFERS
Total all grades  19,870     63.5     682-1,018     869   192.33-217.70   206.58
MIXED STEER/HEIFER/COW
Over 80% Choice      457     63.2     910-946       924   203.79-204.83   204.28
65 - 80% Choice      857     63.3     792-920       842   193.97-205.28   202.36
35 - 65% Choice      194     63.6     704-917       792   200.83-204.91   202.51
 0 - 35% Choice                          -                      -
Total all grades   1,508     63.3     704-946       860   193.97-205.28   202.96
DAIRYBRED STEER/HEIFER
Over 80% Choice    8,213     60.4     703-937       798   189.32-226.74   209.20
65 - 80% Choice    4,680     60.6     723-929       827   189.49-213.71   200.63
35 - 65% Choice    2,525     60.6     702-879       828   179.69-209.44   201.13
 0 - 35% Choice    1,552     61.2     772-869       837   189.58-206.80   200.30
Total all grades  16,970     60.6     702-937       814   179.69-226.74   204.82

                        FORWARD CONTRACT NET:  Live Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice    2,386     63.3   1,325-1,517   1,440   127.00-146.97   134.18
65 - 80% Choice    1,428     63.1   1,451-1,512   1,495   126.82-130.50   130.17
35 - 65% Choice    1,134     62.7   1,091-1,486   1,316   125.02-132.47   129.34
 0 - 35% Choice      258     62.6   1,250-1,250   1,250   130.42-131.90   131.09
Total all grades   5,206     63.1   1,091-1,517   1,419   125.02-146.97   131.87
HEIFER
Over 80% Choice      805     63.5   1,305-1,390   1,334   129.10-142.05   135.91
65 - 80% Choice      439     63.2   1,198-1,349   1,232   128.62-130.52   129.00
35 - 65% Choice                          -                      -
 0 - 35% Choice                          -                      -
Total all grades   1,244     63.4   1,198-1,390   1,298   128.62-142.05   133.47
MIXED STEER/HEIFER
Over 80% Choice       79     63.3   1,221-1,300   1,259   129.02-129.32   129.18
65 - 80% Choice       65     63.2   1,352-1,352   1,352   128.23-128.23   128.23
35 - 65% Choice                          -                      -
 0 - 35% Choice                          -                      -
Total all grades     144     63.3   1,221-1,352   1,301   128.23-129.32   128.75
ALL STEERS & HEIFERS
Total all grades   6,594     63.1   1,091-1,517   1,393   125.02-146.97   132.11
MIXED STEER/HEIFER/COW
Over 80% Choice                          -                      -
65 - 80% Choice      200     63.2   1,410-1,410   1,410   129.05-129.05   129.05
35 - 65% Choice                          -                      -
 0 - 35% Choice                          -                      -
Total all grades     200     63.2   1,410-1,410   1,410   129.05-129.05   129.05
DAIRYBRED STEER/HEIFER
Over 80% Choice                          -                      -
65 - 80% Choice      126     61.7   1,372-1,372   1,372   122.00-122.00   122.00
35 - 65% Choice      130     61.0   1,333-1,333   1,333   120.85-120.85   120.85
 0 - 35% Choice                          -                      -
Total all grades     256     61.3   1,333-1,372   1,352   120.85-122.00   121.42

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

REGIONAL SECTION:
                      ALL STEERS AND HEIFERS (BEEF BREEDS)
                             FORMULA: Dressed Basis
                          Head       Week     Avg   Avg     Week
                          Count      Ago      Weight   Price  Ago
TX/OK/NM                59,343    42,839        814    207.12    207.96
KANSAS                  29,783    34,652        855    208.33    208.87
NEBRASKA                28,795    27,343        896    210.73    210.09
COLORADO                11,461    14,122        872    211.94    210.92
WESTERN CORNBELT        11,863     9,930        914    209.47    209.23
 TOTAL 5-AREA          140,908   128,259        853    208.69    209.05
N.CENTRAL/E.MT           4,802     6,607        889    211.84    211.61
WESTERN STATES          15,513    10,273        838    210.07    209.38
EASTERN CORNBELT         1,203       570        864    209.97    210.11
NORTHEASTERN STATE

                               FORMULA: Live Basis
                          Head       Week     Avg   Avg     Week
                          Count      Ago      Weight   Price  Ago
TX/OK/NM                19,034    14,654      1,270    131.86    131.90
KANSAS                  15,203    11,098      1,355    133.46    133.25
NEBRASKA                 2,897     2,740      1,426    135.08    136.14
COLORADO                   329       961      1,323    136.68    132.82
WESTERN CORNBELT         1,165     1,044      1,466    137.36    136.36
 TOTAL 5-AREA           38,628    30,497      1,322    132.94    132.95
N.CENTRAL/E.MT             346       304      1,392    138.24    138.30
WESTERN STATES             855     1,046      1,229    130.25    128.83
EASTERN CORNBELT
NORTHEASTERN STATE

                             CONTRACT: Dressed Basis
                          Head       Week     Avg   Avg     Week
                          Count      Ago      Weight   Price  Ago
TX/OK/NM                 1,809     1,375        776    202.74    204.24
KANSAS                   5,252     4,088        863    207.37    205.85
NEBRASKA                 3,987     3,485        873    207.04    204.41
COLORADO                 4,067     6,041        889    208.40    206.19
WESTERN CORNBELT         3,440     5,680        909    205.02    205.86
 TOTAL 5-AREA           18,555    20,669        871    206.64    205.60
N.CENTRAL/E.MT             498     1,887        882    206.19    205.74
WESTERN STATES             343       555        857    206.32    196.94
EASTERN CORNBELT           158       115        745    201.88    197.61
NORTHEASTERN STATE         316       311        798    206.32    207.14

                              CONTRACT: Live Basis
                          Head       Week     Avg   Avg     Week
                          Count      Ago      Weight   Price  Ago
TX/OK/NM                   212       693      1,336    131.48    129.00
KANSAS                     539     3,587      1,329    131.39    132.31
NEBRASKA                   883       634      1,388    140.31    138.77
COLORADO
WESTERN CORNBELT         3,366     3,091      1,411    130.41    128.94
 TOTAL 5-AREA            5,000     8,005      1,395    132.31    131.23
N.CENTRAL/E.MT           1,107     1,318      1,445    133.22    131.70
WESTERN STATES             286       601      1,095    126.37    125.77
EASTERN CORNBELT           201       165      1,501    129.07    128.90
NORTHEASTERN STATE

                         NEGOTIATED GRID: Dressed Basis
                          Head       Week     Avg   Avg     Week
                          Count      Ago      Weight   Price  Ago
TX/OK/NM                 3,553     2,082        792    202.06    203.06
KANSAS                     859       798        783    206.34    206.40
NEBRASKA                 4,472     2,936        886    207.33    209.28
COLORADO                    72        14        925    203.42    204.81
WESTERN CORNBELT         2,347     1,622        830    209.04    208.85
 TOTAL 5-AREA           11,021     7,265        839    205.89    207.10
N.CENTRAL/E.MT             294     1,196        899    211.59    204.03
WESTERN STATES
EASTERN CORNBELT         1,776     1,701        792    206.85    204.07
NORTHEASTERN STATE       1,078       953        787    205.34    203.59

                           NEGOTIATED GRID: Live Basis
                          Head       Week     Avg   Avg     Week
                          Count      Ago      Weight   Price  Ago
TX/OK/NM                 2,921     2,498      1,211    129.17    129.53
KANSAS
NEBRASKA                             509                         131.14
COLORADO                   243                1,303    131.00
WESTERN CORNBELT
 TOTAL 5-AREA            3,164     3,007      1,218    129.31    129.80
N.CENTRAL/E.MT                       121                         133.91
WESTERN STATES             141                1,317    133.00
EASTERN CORNBELT            50                1,264    126.80
NORTHEASTERN STATE          25                1,187    130.50


-------------------------------------------------------------------
Regional Breakdown:
  WESTERN CORNBELT - IA,MN,MO.
  TOTAL 5-AREA - CO,IA,KS,MN,NE,NM,OK,TX
  N.CENTRAL/E.MT - MT,ND,SD,WY.
  WESTERN STATES - AZ,CA,ID,NV,OR,UT,WA.
  EASTERN CORNBELT - IL,IN,KY,MI,WI.
  NORTHEASTERN STATES - CT,DE,MA,MD,ME,NH,NJ,NY,OH,PA,RI,WV,VA,VT.
-------------------------------------------------------------------


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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