Markets

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Domestic

LM_CT151

St Joseph, MO    Mon, Nov 17, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 11/16/2014



                               DOMESTIC CATTLE ONLY



                        Dressed:  Live:   Total: Total Week Ago: Total Year Ago:

Formula Net:            163,324  26,837  190,161       199,982        223,582

Negotiated Grid Net:      8,633     283    8,916        10,255         16,756

Forward Contract Net:    54,679  15,792   70,471        72,619         55,550



                           FORMULA NET:  Dressed Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice   14,237     64.0     768-1,107     940   256.02-307.42   269.84

65 - 80% Choice   15,939     64.4     738-1,041     928   255.22-275.74   264.32

35 - 65% Choice   28,939     64.5     712-1,058     889   252.74-283.51   262.31

 0 - 35% Choice   18,442     63.7     740-1,040     938   249.22-271.20   262.74

Total all grades  77,557     64.2     712-1,107     918   249.22-307.42   264.21

HEIFER

Over 80% Choice    8,952     64.2     690-965       845   260.71-297.95   273.35

65 - 80% Choice   17,932     64.5     690-930       815   254.70-274.19   264.76

35 - 65% Choice   15,516     64.4     639-911       794   253.99-268.00   263.04

 0 - 35% Choice    5,067     63.8     691-947       827   253.61-265.76   262.17

Total all grades  47,467     64.4     639-965       815   253.61-297.95   265.54

MIXED STEER/HEIFER

Over 80% Choice    5,442     63.1     685-982       853   258.18-291.62   271.39

65 - 80% Choice    1,732     63.1     665-999       824   249.45-271.13   264.06

35 - 65% Choice    1,845     63.6     721-934       830   256.87-269.00   262.87

 0 - 35% Choice    2,997     62.1     717-942       801   251.52-269.00   262.10

Total all grades  12,016     62.9     665-999       832   249.45-291.62   266.71

ALL STEERS & HEIFERS

Total all grades 137,040     64.1     639-1,107     875   249.22-307.42   264.89

MIXED STEER/HEIFER/COW

Over 80% Choice    2,096     63.7     696-1,073     867   258.27-270.35   265.91

65 - 80% Choice    5,124     64.2     676-1,050     846   256.12-269.94   262.81

35 - 65% Choice    3,376     63.5     686-1,068     837   236.17-265.00   259.33

 0 - 35% Choice    1,156     61.7     778-1,134     997   244.19-263.36   248.97

Total all grades  11,752     63.7     676-1,134     862   236.17-270.35   261.00

DAIRYBRED STEER/HEIFER

Over 80% Choice    4,481     61.7     737-974       847   251.55-269.31   258.39

65 - 80% Choice    3,288     61.8     750-924       863   249.64-264.60   258.47

35 - 65% Choice    6,044     61.5     720-929       854   235.38-262.52   257.55

 0 - 35% Choice      719     61.2     715-919       865   247.89-261.68   257.54

Total all grades  14,532     61.6     715-974       854   235.38-269.31   258.02



                            FORMULA NET:  Live Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice    4,437     63.9   1,193-1,624   1,436   166.89-194.25   177.33

65 - 80% Choice    2,684     63.7   1,219-1,624   1,464   167.00-170.00   169.15

35 - 65% Choice    7,233     63.8   1,135-1,653   1,384   164.36-172.00   168.21

 0 - 35% Choice      707     63.6   1,245-1,424   1,332   165.00-170.00   168.27

Total all grades  15,061     63.8   1,135-1,653   1,411   164.36-194.25   171.07

HEIFER

Over 80% Choice    2,052     63.5   1,229-1,442   1,352   166.89-190.02   174.10

65 - 80% Choice    1,394     63.4   1,150-1,347   1,253   167.00-170.00   169.10

35 - 65% Choice    2,747     63.7   1,163-1,345   1,244   167.00-172.00   168.97

 0 - 35% Choice      535     63.8   1,211-1,326   1,268   168.00-169.00   168.48

Total all grades   6,728     63.6   1,150-1,442   1,281   166.89-190.02   170.52

MIXED STEER/HEIFER

Over 80% Choice    1,306     62.8   1,214-1,525   1,398   164.69-184.71   177.19

65 - 80% Choice      125     65.4   1,213-1,601   1,337   168.00-169.00   168.32

35 - 65% Choice      779     63.2   1,023-1,334   1,222   164.00-170.00   166.47

 0 - 35% Choice                          -                      -

Total all grades   2,210     63.1   1,023-1,601   1,333   164.00-184.71   172.91

ALL STEERS & HEIFERS

Total all grades  23,999     63.7   1,023-1,653   1,367   164.00-194.25   171.08

MIXED STEER/HEIFER/COW

Over 80% Choice                          -                      -

65 - 80% Choice                          -                      -

35 - 65% Choice       50     62.9   1,460-1,460   1,460   161.00-161.00   161.00

 0 - 35% Choice                          -                      -

Total all grades      50     62.9   1,460-1,460   1,460   161.00-161.00   161.00

DAIRYBRED STEER/HEIFER

Over 80% Choice      508     59.5   1,365-1,498   1,461   154.61-159.64   155.84

65 - 80% Choice      488     61.8   1,307-1,473   1,374   154.79-167.64   160.66

35 - 65% Choice    1,488     61.6   1,289-1,446   1,355   156.00-166.00   159.40

 0 - 35% Choice      304     62.2   1,332-1,339   1,336   169.88-169.88   169.88

Total all grades   2,788     61.3   1,289-1,498   1,376   154.61-169.88   160.12



                       NEGOTIATED GRID NET:  Dressed Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice      517     63.0     662-935       884   255.79-285.11   265.89

65 - 80% Choice      298     63.6     717-985       867   251.59-266.21   259.34

35 - 65% Choice      198     63.0     766-904       822   244.65-264.17   258.27

 0 - 35% Choice    1,048     63.0     753-1,054     946   247.96-263.04   261.40

Total all grades   2,061     63.1     662-1,054     907   244.65-285.11   261.93

HEIFER

Over 80% Choice       91     62.0     762-867       808   266.22-267.29   266.69

65 - 80% Choice      115     62.8     714-786       758   261.62-269.61   266.55

35 - 65% Choice       79     63.2     827-827       827   264.79-264.79   264.79

 0 - 35% Choice      960     64.0     762-963       833   262.00-263.00   262.28

Total all grades   1,245     63.7     714-963       824   261.62-269.61   263.15

MIXED STEER/HEIFER

Over 80% Choice    1,000     63.2     623-929       813   254.59-279.82   264.39

65 - 80% Choice      155     63.9     745-897       846   255.00-263.42   258.05

35 - 65% Choice      317     62.1     748-891       833   249.20-257.71   252.59

 0 - 35% Choice      347     61.7     778-956       889   247.40-262.00   257.73

Total all grades   1,819     62.8     623-956       834   247.40-279.82   260.53

ALL STEERS & HEIFERS

Total all grades   5,125     63.1     623-1,054     861   244.65-285.11   261.73

MIXED STEER/HEIFER/COW

Over 80% Choice      173     61.3     745-871       789   253.53-259.38   255.75

65 - 80% Choice      397     62.6     817-917       883   253.91-257.00   255.69

35 - 65% Choice      304     60.1     724-965       899   245.00-257.74   255.71

 0 - 35% Choice      657     59.1     834-1,056     954   246.00-250.56   247.38

Total all grades   1,531     60.5     724-1,056     906   245.00-259.38   252.13

DAIRYBRED STEER/HEIFER

Over 80% Choice    1,477     59.9     726-987       833   244.01-262.41   253.73

65 - 80% Choice      280     59.9     812-878       841   245.62-255.11   250.69

35 - 65% Choice      207     59.5     748-937       837   245.15-254.98   247.61

 0 - 35% Choice       13     60.6     769-769       769   253.11-253.11   253.11

Total all grades   1,977     59.9     726-987       834   244.01-262.41   252.66



                        NEGOTIATED GRID NET:  Live Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice       41     61.2   1,368-1,368   1,368   158.53-158.53   158.53

65 - 80% Choice       86     63.6   1,208-1,208   1,208   163.79-163.79   163.79

35 - 65% Choice                          -                      -

 0 - 35% Choice                          -                      -

Total all grades     127     62.8   1,208-1,368   1,260   158.53-163.79   162.09

HEIFER

Over 80% Choice                          -                      -

65 - 80% Choice                          -                      -

35 - 65% Choice       66     60.7   1,495-1,495   1,495   154.41-154.41   154.41

 0 - 35% Choice                          -                      -

Total all grades      66     60.7   1,495-1,495   1,495   154.41-154.41   154.41

MIXED STEER/HEIFER

Over 80% Choice       90     61.6   1,198-1,198   1,198   164.74-164.74   164.74

65 - 80% Choice                          -                      -

35 - 65% Choice                          -                      -

 0 - 35% Choice                          -                      -

Total all grades      90     61.6   1,198-1,198   1,198   164.74-164.74   164.74

ALL STEERS & HEIFERS

Total all grades     283     61.9   1,198-1,495   1,295   154.41-164.74   161.14

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

 No Reportable Trade.



                      FORWARD CONTRACT NET:  Dressed Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice    6,279     62.6     742-1,076     932   200.83-265.06   239.09

65 - 80% Choice    8,117     63.6     725-1,064     950   197.92-274.43   235.91

35 - 65% Choice   12,487     64.0     681-1,068     930   197.84-277.18   248.91

 0 - 35% Choice    3,933     63.4     706-1,036     918   204.70-271.50   246.61

Total all grades  30,816     63.5     681-1,076     935   197.84-277.18   243.19

HEIFER

Over 80% Choice    4,419     63.8     748-1,031     865   207.95-273.57   240.16

65 - 80% Choice    5,356     64.0     699-972       826   207.95-275.83   250.64

35 - 65% Choice    2,893     63.9     715-965       808   215.92-276.07   246.61

 0 - 35% Choice    1,844     63.9     685-1,018     896   213.43-260.47   233.71

Total all grades  14,512     63.9     685-1,031     843   207.95-276.07   244.49

MIXED STEER/HEIFER

Over 80% Choice      262     62.6     891-907       895   251.46-278.50   271.28

65 - 80% Choice       15     63.6     897-897       897   262.00-262.00   262.00

35 - 65% Choice       67     63.4     788-795       791   198.05-227.56   214.35

 0 - 35% Choice      369     63.4     865-881       871   221.89-231.56   225.45

Total all grades     713     63.1     788-907       873   198.05-278.50   242.02

ALL STEERS & HEIFERS

Total all grades  46,041     63.6     681-1,076     905   197.84-278.50   243.58

MIXED STEER/HEIFER/COW

Over 80% Choice       40     63.2     866-866       866   246.12-246.12   246.12

65 - 80% Choice       86     63.0     742-742       742   242.56-242.56   242.56

35 - 65% Choice      140     63.8     711-786       745   236.35-236.64   236.48

 0 - 35% Choice                          -                      -

Total all grades     266     63.4     711-866       763   236.35-246.12   239.90

DAIRYBRED STEER/HEIFER

Over 80% Choice    4,294     62.0     726-1,014     795   194.25-259.50   215.65

65 - 80% Choice      709     62.1     755-901       836   188.73-250.46   213.66

35 - 65% Choice    1,901     61.5     741-883       837   189.92-256.74   211.82

 0 - 35% Choice    1,468     61.0     774-882       831   193.19-255.00   215.99

Total all grades   8,372     61.7     726-1,014     814   188.73-259.50   214.67



                        FORWARD CONTRACT NET:  Live Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice    2,888     63.6   1,200-1,594   1,460   138.60-187.91   169.74

65 - 80% Choice    1,091     64.7   1,150-1,475   1,416   142.27-169.00   165.02

35 - 65% Choice    3,973     64.6   1,171-1,500   1,424   153.44-172.15   166.51

 0 - 35% Choice      492     63.5   1,400-1,450   1,444   169.00-169.00   169.00

Total all grades   8,444     64.2   1,150-1,594   1,437   138.60-187.91   167.57

HEIFER

Over 80% Choice    1,171     63.7   1,275-1,620   1,444   134.01-183.41   151.98

65 - 80% Choice    1,378     63.8   1,218-1,354   1,281   139.57-172.15   162.42

35 - 65% Choice    2,307     64.3   1,250-1,375   1,317   136.82-172.15   163.95

 0 - 35% Choice                          -                      -

Total all grades   4,856     64.0   1,218-1,620   1,337   134.01-183.41   160.63

MIXED STEER/HEIFER

Over 80% Choice      516     63.9   1,355-1,392   1,368   140.00-161.50   153.76

65 - 80% Choice      100     63.0   1,220-1,428   1,262   148.49-169.00   152.59

35 - 65% Choice                          -                      -

 0 - 35% Choice                          -                      -

Total all grades     616     63.8   1,220-1,428   1,351   140.00-169.00   153.57

ALL STEERS & HEIFERS

Total all grades  13,916     64.1   1,150-1,620   1,398   134.01-187.91   164.53

MIXED STEER/HEIFER/COW

Over 80% Choice      414     65.1   1,320-1,359   1,349   144.88-150.56   146.36

65 - 80% Choice                          -                      -

35 - 65% Choice      251     64.3   1,163-1,360   1,245   136.31-162.16   151.35

 0 - 35% Choice                          -                      -

Total all grades     665     64.8   1,163-1,360   1,310   136.31-162.16   148.24

DAIRYBRED STEER/HEIFER

Over 80% Choice       53     60.5   1,368-1,412   1,399   121.50-122.62   122.28

65 - 80% Choice      450     61.6   1,309-1,403   1,373   122.45-153.00   130.64

35 - 65% Choice      607     62.1   1,351-1,487   1,394   123.02-169.00   137.89

 0 - 35% Choice      101     61.9   1,370-1,370   1,370   129.50-129.50   129.50

Total all grades   1,211     61.8   1,309-1,487   1,384   121.50-169.00   133.81



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



REGIONAL SECTION:

                      ALL STEERS AND HEIFERS (BEEF BREEDS)

                             FORMULA: Dressed Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                45,576    47,789        835    262.49    264.92

KANSAS                  27,797    28,188        858    265.76    268.54

NEBRASKA                24,449    22,677        919    266.25    268.40

COLORADO                10,759    12,136        909    266.25    266.69

WESTERN CORNBELT        11,237    11,940        971    264.43    265.23

 TOTAL 5-AREA          119,294   122,306        877    264.51    266.59

N.CENTRAL/E.MT           6,751     7,104        889    270.46    271.87

WESTERN STATES           9,411     8,454        846    265.55    266.74

EASTERN CORNBELT           783       517        856    263.42    265.08

NORTHEASTERN STATE



                               FORMULA: Live Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                 6,648    13,371      1,292    170.28    169.36

KANSAS                   9,606     6,022      1,361    169.93    170.55

NEBRASKA                 4,843     3,086      1,447    172.91    171.67

COLORADO                 1,412       387      1,384    169.92    168.89

WESTERN CORNBELT           716       843      1,523    173.92    172.70

 TOTAL 5-AREA           23,225    23,709      1,365    170.77    170.08

N.CENTRAL/E.MT             774     1,372      1,423    180.43    180.78

WESTERN STATES

EASTERN CORNBELT

NORTHEASTERN STATE



                             CONTRACT: Dressed Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                 5,853     3,974        863    252.59    253.09

KANSAS                   7,421     5,030        860    261.97    256.63

NEBRASKA                14,621    17,955        922    247.33    244.76

COLORADO                 4,166     4,467        904    249.86    245.21

WESTERN CORNBELT         8,578     6,812        956    218.78    223.34

 TOTAL 5-AREA           40,639    38,158        908    244.99    243.47

N.CENTRAL/E.MT           2,724     2,369        938    241.54    228.23

WESTERN STATES             556     1,261        828    247.95    233.32

EASTERN CORNBELT         1,346     1,915        828    218.34    223.87

NORTHEASTERN STATE         776     1,158        837    217.52    222.99



                              CONTRACT: Live Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                 2,537     3,191      1,426    167.39    162.17

KANSAS                   5,487     9,573      1,382    168.54    167.22

NEBRASKA                 2,508     1,745      1,405    167.69    159.84

COLORADO

WESTERN CORNBELT         1,972     1,931      1,385    156.05    143.35

 TOTAL 5-AREA           12,467    16,440      1,397    166.16    162.66

N.CENTRAL/E.MT           1,097     1,834      1,469    149.81    144.01

WESTERN STATES             239       207      1,171    153.44    144.87

EASTERN CORNBELT            76       240      1,407    142.27    139.34

NORTHEASTERN STATE



                         NEGOTIATED GRID: Dressed Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                   210       366        786    250.23    263.73

KANSAS                     258       126        809    261.29    258.16

NEBRASKA                 2,054     2,780        897    261.98    263.08

COLORADO

WESTERN CORNBELT           487     1,142        838    265.01    261.85

 TOTAL 5-AREA            2,997     4,261        872    261.59    262.77

N.CENTRAL/E.MT             954       289        890    263.27    260.15

WESTERN STATES

EASTERN CORNBELT           805       644        825    261.45    259.23

NORTHEASTERN STATE         323       532        782    258.76    259.40



                           NEGOTIATED GRID: Live Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                             232                         166.64

KANSAS                      86                1,208    163.79

NEBRASKA                   197        87      1,333    159.99    164.00

COLORADO

WESTERN CORNBELT

 TOTAL 5-AREA              283       319      1,295    161.14    165.92

N.CENTRAL/E.MT                       434                         161.26

WESTERN STATES

EASTERN CORNBELT                      72                         163.50

NORTHEASTERN STATE





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

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



1130C













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