USDA Market Reports

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Domestic

LM_CT151

St Joseph, MO    Mon, Dec 29, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 12/28/2014



                               DOMESTIC CATTLE ONLY



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

Formula Net:            130,422  19,481  149,903       180,722        194,008

Negotiated Grid Net:      8,214     590    8,804        12,197         15,804

Forward Contract Net:    48,689  18,238   66,927        77,793         35,682



                           FORMULA NET:  Dressed Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice   13,794     63.3     693-1,080     955   242.73-297.31   259.85

65 - 80% Choice   20,639     64.3     678-1,112     916   241.03-288.19   258.01

35 - 65% Choice   21,000     64.2     707-1,030     892   241.02-268.37   254.69

 0 - 35% Choice   10,547     63.5     764-1,022     920   241.82-284.03   255.90

Total all grades  65,980     63.9     678-1,112     917   241.02-297.31   257.00

HEIFER

Over 80% Choice   11,136     63.7     695-1,003     833   250.60-292.60   263.71

65 - 80% Choice    9,863     64.4     719-941       802   247.30-263.97   258.86

35 - 65% Choice    9,731     64.2     666-940       802   239.21-266.19   256.48

 0 - 35% Choice    4,375     64.0     700-990       853   251.07-284.23   256.87

Total all grades  35,105     64.1     666-1,003     818   239.21-292.60   259.49

MIXED STEER/HEIFER

Over 80% Choice    6,188     63.1     663-980       863   247.89-293.30   263.79

65 - 80% Choice    1,732     62.7     673-944       812   239.38-262.18   254.72

35 - 65% Choice    1,308     63.1     732-917       825   236.63-268.54   254.68

 0 - 35% Choice    2,223     62.4     713-955       853   244.66-267.90   252.55

Total all grades  11,451     62.9     663-980       849   236.63-293.30   259.20

ALL STEERS & HEIFERS

Total all grades 112,536     63.9     663-1,112     879   236.63-297.31   258.00

MIXED STEER/HEIFER/COW

Over 80% Choice    2,026     63.9     734-962       832   248.02-268.00   255.89

65 - 80% Choice    2,269     63.3     712-901       824   244.11-264.00   256.61

35 - 65% Choice      942     61.2     638-952       823   234.31-256.00   247.42

 0 - 35% Choice    1,148     59.3     775-1,072   1,003   212.23-241.66   229.56

Total all grades   6,385     62.4     638-1,072     859   212.23-268.00   250.16

DAIRYBRED STEER/HEIFER

Over 80% Choice    5,307     61.6     693-922       851   241.35-262.96   252.68

65 - 80% Choice    2,964     61.7     727-958       867   242.10-256.57   252.57

35 - 65% Choice    2,796     61.8     690-930       844   233.78-257.27   249.74

 0 - 35% Choice      434     59.6     792-895       865   244.00-245.35   244.12

Total all grades  11,501     61.6     690-958       854   233.78-262.96   251.61



                            FORMULA NET:  Live Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice    2,810     63.5   1,119-1,674   1,507   159.33-181.13   167.20

65 - 80% Choice    1,030     63.3   1,384-1,542   1,471   157.05-165.50   162.30

35 - 65% Choice    4,771     63.9   1,190-1,526   1,398   154.48-175.00   162.07

 0 - 35% Choice      154     62.8   1,263-1,456   1,370   154.73-164.00   162.92

Total all grades   8,765     63.7   1,119-1,674   1,441   154.48-181.13   163.75

HEIFER

Over 80% Choice      252     64.2   1,334-1,439   1,386   160.00-163.68   161.87

65 - 80% Choice    2,246     63.7   1,041-1,466   1,288   155.87-171.00   165.00

35 - 65% Choice    2,509     63.6   1,079-1,394   1,233   153.94-165.50   159.45

 0 - 35% Choice                          -                      -

Total all grades   5,007     63.7   1,041-1,466   1,265   153.94-171.00   162.06

MIXED STEER/HEIFER

Over 80% Choice    1,854     62.5   1,264-1,600   1,402   158.00-187.22   170.18

65 - 80% Choice      564     63.5   1,418-1,564   1,481   165.00-165.50   165.29

35 - 65% Choice    1,156     63.3   1,070-1,450   1,271   154.20-165.50   160.62

 0 - 35% Choice      220     62.9   1,164-1,365   1,276   154.71-164.50   160.35

Total all grades   3,794     62.9   1,070-1,600   1,367   154.20-187.22   165.97

ALL STEERS & HEIFERS

Total all grades  17,566     63.5   1,041-1,674   1,375   153.94-187.22   163.75

MIXED STEER/HEIFER/COW

Over 80% Choice      261     63.4   1,482-1,482   1,482   163.86-163.86   163.86

65 - 80% Choice                          -                      -

35 - 65% Choice                          -                      -

 0 - 35% Choice                          -                      -

Total all grades     261     63.4   1,482-1,482   1,482   163.86-163.86   163.86

DAIRYBRED STEER/HEIFER

Over 80% Choice      886     60.9   1,296-1,490   1,383   130.50-167.80   156.76

65 - 80% Choice       62     60.6   1,227-1,336   1,267   149.00-155.60   151.45

35 - 65% Choice      706     61.1   1,287-1,385   1,347   146.05-149.00   147.70

 0 - 35% Choice                          -                      -

Total all grades   1,654     61.0   1,227-1,490   1,363   130.50-167.80   152.69



                       NEGOTIATED GRID NET:  Dressed Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice      342     62.2     699-993       856   242.74-268.70   260.49

65 - 80% Choice      400     61.9     746-933       884   240.53-267.82   258.98

35 - 65% Choice      285     64.5     840-955       894   251.75-268.27   261.93

 0 - 35% Choice      887     62.1     803-1,010     938   252.00-252.00   252.00

Total all grades   1,914     62.4     699-1,010     905   240.53-268.70   256.46

HEIFER

Over 80% Choice      812     63.8     781-916       872   249.01-272.78   261.43

65 - 80% Choice      269     63.8     855-986       915   253.33-256.82   255.64

35 - 65% Choice                          -                      -

 0 - 35% Choice      742     62.5     809-933       891   252.00-257.23   253.56

Total all grades   1,823     63.2     781-986       886   249.01-272.78   257.38

MIXED STEER/HEIFER

Over 80% Choice    1,096     62.2     667-956       823   245.03-272.96   261.26

65 - 80% Choice      372     62.6     726-928       830   242.41-265.15   256.72

35 - 65% Choice       57     61.8     708-782       763   236.98-250.62   247.03

 0 - 35% Choice      106     63.1     658-905       792   241.22-265.50   252.52

Total all grades   1,631     62.4     658-956       821   236.98-272.96   259.16

ALL STEERS & HEIFERS

Total all grades   5,368     62.7     658-1,010     873   236.98-272.96   257.59

MIXED STEER/HEIFER/COW

Over 80% Choice      289     62.9     829-830       830   261.29-284.16   280.99

65 - 80% Choice      346     62.0     744-986       855   243.82-265.87   252.72

35 - 65% Choice      245     61.5     719-1,109     890   245.03-265.34   253.45

 0 - 35% Choice      645     58.2     795-1,067     948   236.00-250.00   238.17

Total all grades   1,525     60.5     719-1,109     895   236.00-284.16   252.04

DAIRYBRED STEER/HEIFER

Over 80% Choice      507     59.7     800-987       864   238.77-249.47   242.80

65 - 80% Choice      487     59.4     734-950       854   233.87-248.51   241.95

35 - 65% Choice      299     61.2     729-910       816   226.60-262.44   245.93

 0 - 35% Choice       28     60.6     793-793       793   239.53-239.53   239.53

Total all grades   1,321     59.9     729-987       848   226.60-262.44   243.12



                        NEGOTIATED GRID NET:  Live Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice                          -                      -

65 - 80% Choice                          -                      -

35 - 65% Choice      241     67.7   1,258-1,258   1,258   172.00-172.00   172.00

 0 - 35% Choice                          -                      -

Total all grades     241     67.7   1,258-1,258   1,258   172.00-172.00   172.00

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice                          -                      -

65 - 80% Choice                          -                      -

35 - 65% Choice      311     63.7   1,204-1,449   1,258   164.00-165.09   164.85

 0 - 35% Choice                          -                      -

Total all grades     311     63.7   1,204-1,449   1,258   164.00-165.09   164.85

ALL STEERS & HEIFERS

Total all grades     552     65.5   1,204-1,449   1,258   164.00-172.00   167.97

MIXED STEER/HEIFER/COW

Over 80% Choice                          -                      -

65 - 80% Choice       38     64.4   1,384-1,384   1,384   168.14-168.14   168.14

35 - 65% Choice                          -                      -

 0 - 35% Choice                          -                      -

Total all grades      38     64.4   1,384-1,384   1,384   168.14-168.14   168.14

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    5,339     62.7     800-1,026     936   221.19-284.15   256.90

65 - 80% Choice    5,301     63.5     775-1,019     918   250.37-272.87   265.37

35 - 65% Choice    9,944     64.2     713-1,016     904   218.72-273.43   260.55

 0 - 35% Choice    1,454     63.2     697-967       855   213.29-271.03   248.37

Total all grades  22,038     63.6     697-1,026     912   213.29-284.15   260.02

HEIFER

Over 80% Choice    5,521     63.4     686-1,009     866   208.09-273.70   247.44

65 - 80% Choice    3,391     62.9     682-903       788   222.09-268.93   258.78

35 - 65% Choice    3,616     63.5     658-954       800   212.51-281.79   260.86

 0 - 35% Choice                          -                      -

Total all grades  12,528     63.3     658-1,009     826   208.09-281.79   254.38

MIXED STEER/HEIFER

Over 80% Choice      267     62.3     712-934       769   223.40-283.91   254.35

65 - 80% Choice      205     62.5     722-819       766   235.93-259.34   242.47

35 - 65% Choice       45     60.9     681-681       681   245.55-245.55   245.55

 0 - 35% Choice    1,093     63.3     806-949       861   264.82-264.84   264.82

Total all grades   1,610     63.0     681-949       828   223.40-283.91   259.70

ALL STEERS & HEIFERS

Total all grades  36,176     63.5     658-1,026     878   208.09-284.15   258.05

MIXED STEER/HEIFER/COW

Over 80% Choice      107     64.6     844-844       844   271.29-271.29   271.29

65 - 80% Choice      173     63.2     884-973       950   226.51-253.36   233.49

35 - 65% Choice      263     63.5     714-714       714   261.23-261.23   261.23

 0 - 35% Choice                          -                      -

Total all grades     543     63.6     714-973       815   226.51-271.29   254.38

DAIRYBRED STEER/HEIFER

Over 80% Choice    6,616     61.0     743-954       829   194.80-272.10   225.60

65 - 80% Choice    2,352     61.3     751-909       837   194.91-263.78   229.71

35 - 65% Choice    1,349     60.9     799-882       830   193.41-261.71   215.39

 0 - 35% Choice    1,653     60.7     740-905       833   201.39-262.87   238.67

Total all grades  11,970     61.0     740-954       831   193.41-272.10   227.06



                        FORWARD CONTRACT NET:  Live Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice    1,749     63.4   1,151-1,618   1,469   135.95-172.00   164.81

65 - 80% Choice    2,842     64.0   1,124-1,594   1,456   150.00-173.20   165.43

35 - 65% Choice    7,560     64.1   1,118-1,544   1,439   140.72-171.40   163.29

 0 - 35% Choice                          -                      -

Total all grades  12,151     64.0   1,118-1,618   1,448   135.95-173.20   164.01

HEIFER

Over 80% Choice      647     62.9   1,225-1,383   1,282   139.40-187.05   164.32

65 - 80% Choice    1,386     64.0   1,189-1,635   1,335   140.00-167.52   163.24

35 - 65% Choice    1,500     64.4   1,278-1,480   1,306   164.40-165.40   165.34

 0 - 35% Choice      362     63.6   1,227-1,264   1,240   165.95-167.50   166.49

Total all grades   3,895     63.9   1,189-1,635   1,306   139.40-187.05   164.53

MIXED STEER/HEIFER

Over 80% Choice      222     62.4   1,233-1,427   1,288   139.20-175.36   166.69

65 - 80% Choice                          -                      -

35 - 65% Choice       39     63.8   1,225-1,225   1,225   169.00-169.00   169.00

 0 - 35% Choice      144     64.7   1,225-1,225   1,225   169.87-169.87   169.87

Total all grades     405     63.3   1,225-1,427   1,259   139.20-175.36   168.04

ALL STEERS & HEIFERS

Total all grades  16,451     63.9   1,118-1,635   1,409   135.95-187.05   164.23

MIXED STEER/HEIFER/COW

Over 80% Choice       42     64.1   1,266-1,266   1,266   155.07-155.07   155.07

65 - 80% Choice      143     63.2   1,328-1,353   1,341   138.00-163.75   150.30

35 - 65% Choice      108     64.3   1,368-1,368   1,368   139.91-139.91   139.91

 0 - 35% Choice                          -                      -

Total all grades     293     63.8   1,266-1,368   1,340   138.00-163.75   147.15

DAIRYBRED STEER/HEIFER

Over 80% Choice      428     61.6   1,364-1,450   1,413   126.00-150.20   136.31

65 - 80% Choice      371     60.6   1,312-1,453   1,365   128.75-154.08   143.71

35 - 65% Choice      595     61.0   1,371-1,464   1,417   123.42-150.42   131.91

 0 - 35% Choice      100     61.8   1,368-1,368   1,368   129.75-129.75   129.75

Total all grades   1,494     61.1   1,312-1,464   1,399   123.42-154.08   135.96



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



REGIONAL SECTION:

                      ALL STEERS AND HEIFERS (BEEF BREEDS)

                             FORMULA: Dressed Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                32,106    39,730        844    255.94    261.24

KANSAS                  26,493    23,809        860    259.87    265.07

NEBRASKA                27,609    29,319        930    258.30    262.13

COLORADO                 9,287    12,314        894    259.29    264.64

WESTERN CORNBELT         5,051     4,974        949    256.42    264.63

 TOTAL 5-AREA           99,953   109,589        882    257.92    262.82

N.CENTRAL/E.MT           3,205     4,074        895    259.86    270.08

WESTERN STATES           7,877    11,202        845    258.27    263.03

EASTERN CORNBELT           673       796        852    253.35    259.53

NORTHEASTERN STATE



                               FORMULA: Live Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                 7,008     7,883      1,314    162.22    164.45

KANSAS                   6,807    11,536      1,371    163.92    168.87

NEBRASKA                 2,667     4,876      1,526    166.07    168.36

COLORADO                           1,140                         169.47

WESTERN CORNBELT           647       658      1,413    164.25    166.57

 TOTAL 5-AREA           17,129    26,093      1,373    163.57    167.41

N.CENTRAL/E.MT             437       288      1,435    170.69    175.78

WESTERN STATES                        40                         164.00

EASTERN CORNBELT

NORTHEASTERN STATE



                             CONTRACT: Dressed Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                 7,012     5,794        851    259.60    261.31

KANSAS                   7,918    10,181        875    258.23    263.29

NEBRASKA                13,944    17,993        906    259.23    257.10

COLORADO                 4,626     3,941        860    261.59    257.94

WESTERN CORNBELT         1,298     2,113        844    243.58    252.95

 TOTAL 5-AREA           34,798    39,985        879    258.81    259.15

N.CENTRAL/E.MT           1,152       882        863    237.87    259.94

WESTERN STATES             114                  712    241.51

EASTERN CORNBELT                      64                         234.07

NORTHEASTERN STATE         112       354        855    249.09    243.69



                              CONTRACT: Live Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                 2,582     2,125      1,373    163.76    166.22

KANSAS                  11,182    10,303      1,438    165.04    167.72

NEBRASKA                   977     2,422      1,354    166.71    163.44

COLORADO                   179       381      1,517    172.00    172.00

WESTERN CORNBELT           429     1,794      1,323    159.77    158.85

 TOTAL 5-AREA           15,310    16,862      1,420    164.86    166.15

N.CENTRAL/E.MT             345     1,208      1,348    158.43    160.08

WESTERN STATES             490       287      1,131    153.34    153.34

EASTERN CORNBELT           267       302      1,410    155.32    152.25

NORTHEASTERN STATE



                         NEGOTIATED GRID: Dressed Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                   461       448        861    259.60    256.36

KANSAS                               776                         251.68

NEBRASKA                 1,674     2,303        892    258.19    258.98

COLORADO

WESTERN CORNBELT           676       881        800    264.21    267.60

 TOTAL 5-AREA            2,811     4,313        865    259.87    258.91

N.CENTRAL/E.MT           1,590     1,404        915    255.32    265.44

WESTERN STATES

EASTERN CORNBELT           655     1,975        832    254.67    261.84

NORTHEASTERN STATE         215       365        794    251.73    257.02



                           NEGOTIATED GRID: Live Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                   311       130      1,258    164.85    167.42

KANSAS                     241       125      1,258    172.00    166.72

NEBRASKA                             139                         171.36

COLORADO

WESTERN CORNBELT

 TOTAL 5-AREA              552       394      1,258    167.97    168.59

N.CENTRAL/E.MT

WESTERN STATES

EASTERN CORNBELT

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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