USDA Market Reports

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Domestic

LM_CT151

St Joseph, MO    Mon, Oct 12, 2015    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 10/11/2015



                               DOMESTIC CATTLE ONLY



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

Formula Net:            187,487  29,489  216,976       212,395        228,372

Negotiated Grid Net:     33,869   1,567   35,436        26,265         14,753

Forward Contract Net:    42,248  21,010   63,258        56,281         70,326



                           FORMULA NET:  Dressed Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice   26,598     64.2     719-1,104     957   178.01-243.05   204.08

65 - 80% Choice   32,880     64.3     723-1,072     942   177.30-222.00   195.44

35 - 65% Choice   35,409     64.4     744-1,083     908   175.02-213.89   195.54

 0 - 35% Choice    2,447     64.1     727-984       860   182.84-205.93   193.75

Total all grades  97,334     64.3     719-1,104     932   175.02-243.05   197.79

HEIFER

Over 80% Choice   17,227     64.2     659-991       853   182.87-245.04   202.85

65 - 80% Choice   21,391     64.5     709-1,009     839   183.17-236.44   197.83

35 - 65% Choice   10,331     64.5     680-925       817   180.97-235.83   197.42

 0 - 35% Choice      170     64.1     818-828       824   192.29-203.38   199.01

Total all grades  49,119     64.4     659-1,009     839   180.97-245.04   199.51

MIXED STEER/HEIFER

Over 80% Choice    6,512     63.9     664-1,051     877   185.00-245.75   207.92

65 - 80% Choice    2,343     63.9     720-952       848   185.75-219.75   201.75

35 - 65% Choice    2,113     63.4     668-1,123     809   180.71-220.12   199.81

 0 - 35% Choice    1,863     62.0     599-889       791   187.33-209.54   196.03

Total all grades  12,831     63.6     599-1,123     848   180.71-245.75   203.73

ALL STEERS & HEIFERS

Total all grades 159,284     64.3     599-1,123     896   175.02-245.75   198.80

MIXED STEER/HEIFER/COW

Over 80% Choice    1,374     63.8     816-965       866   186.60-221.63   202.50

65 - 80% Choice    5,242     64.4     646-1,069     866   181.61-219.00   193.64

35 - 65% Choice    5,076     64.2     669-1,034     836   174.31-218.66   193.84

 0 - 35% Choice    1,105     60.5     696-1,116   1,005   163.28-203.92   186.24

Total all grades  12,797     63.9     646-1,116     866   163.28-221.63   194.03

DAIRYBRED STEER/HEIFER

Over 80% Choice    4,231     61.6     689-949       839   174.80-206.69   192.30

65 - 80% Choice    4,711     61.3     756-952       853   174.22-203.73   187.47

35 - 65% Choice    6,258     61.5     695-935       840   176.09-211.38   189.47

 0 - 35% Choice      206     62.1     625-856       789   187.53-196.30   190.28

Total all grades  15,406     61.4     625-952       843   174.22-211.38   189.65



                            FORMULA NET:  Live Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice    5,478     64.0   1,256-1,599   1,519   117.00-147.50   127.29

65 - 80% Choice    4,693     64.1   1,133-1,610   1,486   118.59-134.00   127.65

35 - 65% Choice    7,282     63.3   1,079-1,590   1,396   120.90-133.00   126.44

 0 - 35% Choice      232     63.4   1,251-1,539   1,455   126.00-130.00   127.17

Total all grades  17,685     63.7   1,079-1,610   1,459   117.00-147.50   127.04

HEIFER

Over 80% Choice      844     63.3   1,224-1,435   1,316   117.00-146.88   130.39

65 - 80% Choice    1,017     63.6   1,194-1,385   1,258   122.00-137.00   128.43

35 - 65% Choice    2,402     63.1   1,105-1,360   1,201   117.00-133.00   126.48

 0 - 35% Choice      174     63.1   1,204-1,204   1,204   120.51-120.51   120.51

Total all grades   4,437     63.3   1,105-1,435   1,236   117.00-146.88   127.43

MIXED STEER/HEIFER

Over 80% Choice    1,757     62.5   1,187-1,504   1,302   121.50-149.27   137.82

65 - 80% Choice    1,021     63.6   1,099-1,444   1,319   118.79-130.00   125.96

35 - 65% Choice    2,217     62.4   1,068-1,449   1,279   119.70-137.00   126.83

 0 - 35% Choice                          -                      -

Total all grades   4,995     62.7   1,068-1,504   1,295   118.79-149.27   130.52

ALL STEERS & HEIFERS

Total all grades  27,117     63.5   1,068-1,610   1,392   117.00-149.27   127.74

MIXED STEER/HEIFER/COW

Over 80% Choice                          -                      -

65 - 80% Choice                          -                      -

35 - 65% Choice      503     62.9   1,229-1,462   1,290   116.00-125.00   123.36

 0 - 35% Choice       39     63.4   1,589-1,589   1,589   116.00-116.00   116.00

Total all grades     542     62.9   1,229-1,589   1,311   116.00-125.00   122.83

DAIRYBRED STEER/HEIFER

Over 80% Choice      164     61.9   1,388-1,480   1,405   117.61-122.70   118.54

65 - 80% Choice      591     60.6   1,226-1,492   1,420   105.06-131.93   116.08

35 - 65% Choice      978     61.1   1,149-1,414   1,334   111.55-126.37   118.87

 0 - 35% Choice       97     59.7   1,303-1,303   1,303   120.44-120.44   120.44

Total all grades   1,830     61.0   1,149-1,492   1,367   105.06-131.93   118.02



                       NEGOTIATED GRID NET:  Dressed Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice   11,527     63.7     774-1,123     969   173.64-213.63   199.22

65 - 80% Choice    3,502     63.7     876-1,058     950   181.45-214.34   200.29

35 - 65% Choice    3,578     63.7     681-1,013     911   180.92-215.38   203.20

 0 - 35% Choice      415     64.3     744-942       813   190.26-221.53   208.65

Total all grades  19,022     63.7     681-1,123     952   173.64-221.53   200.37

HEIFER

Over 80% Choice    1,962     63.9     768-961       851   180.79-220.58   200.00

65 - 80% Choice    1,585     63.9     854-949       875   184.13-204.11   195.06

35 - 65% Choice      380     65.0     758-822       785   205.54-206.76   206.19

 0 - 35% Choice       42     61.3     951-951       951   198.56-198.56   198.56

Total all grades   3,969     64.0     758-961       856   180.79-220.58   198.61

MIXED STEER/HEIFER

Over 80% Choice    4,921     63.6     707-1,025     876   179.49-226.44   199.49

65 - 80% Choice    2,101     63.4     738-1,011     869   177.76-218.91   194.92

35 - 65% Choice      463     63.5     750-959       847   176.01-204.85   192.73

 0 - 35% Choice      315     62.8     714-819       776   177.35-203.25   198.19

Total all grades   7,800     63.5     707-1,025     868   176.01-226.44   197.80

ALL STEERS & HEIFERS

Total all grades  30,791     63.7     681-1,123     918   173.64-226.44   199.49

MIXED STEER/HEIFER/COW

Over 80% Choice      187     63.4     736-1,016     917   173.95-219.48   202.24

65 - 80% Choice      108     63.7     767-965       871   196.92-218.00   213.33

35 - 65% Choice      155     61.5     738-972       859   171.48-205.00   183.65

 0 - 35% Choice       54     63.9     688-742       702   177.67-181.02   178.54

Total all grades     504     62.9     688-1,016     866   171.48-219.48   196.36

DAIRYBRED STEER/HEIFER

Over 80% Choice    1,620     59.9     677-1,010     844   175.96-215.39   189.22

65 - 80% Choice      788     60.7     756-935       869   173.31-197.07   178.57

35 - 65% Choice      166     59.3     709-807       779   176.60-190.08   185.86

 0 - 35% Choice                          -                      -

Total all grades   2,574     60.1     677-1,010     848   173.31-215.39   185.74



                        NEGOTIATED GRID NET:  Live Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice      581     63.9   1,397-1,634   1,555   122.78-134.00   130.71

65 - 80% Choice                          -                      -

35 - 65% Choice       63     63.4   1,211-1,211   1,211   124.00-124.00   124.00

 0 - 35% Choice                          -                      -

Total all grades     644     63.8   1,211-1,634   1,521   122.78-134.00   130.05

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice      147     63.3   1,276-1,276   1,276   140.00-140.00   140.00

65 - 80% Choice      102     64.3   1,175-1,218   1,211   124.00-138.07   135.86

35 - 65% Choice      180     62.7   1,365-1,365   1,365   130.00-130.00   130.00

 0 - 35% Choice      318     62.7   1,331-1,348   1,339   130.00-130.00   130.00

Total all grades     747     63.1   1,175-1,365   1,315   124.00-140.00   132.77

ALL STEERS & HEIFERS

Total all grades   1,391     63.4   1,175-1,634   1,411   122.78-140.00   131.51

MIXED STEER/HEIFER/COW

Over 80% Choice                          -                      -

65 - 80% Choice      114     63.6   1,261-1,514   1,421   128.31-137.00   131.51

35 - 65% Choice                          -                      -

 0 - 35% Choice                          -                      -

Total all grades     114     63.6   1,261-1,514   1,421   128.31-137.00   131.51

DAIRYBRED STEER/HEIFER

Over 80% Choice       50     60.6   1,407-1,407   1,407   126.09-126.09   126.09

65 - 80% Choice                          -                      -

35 - 65% Choice                          -                      -

 0 - 35% Choice       12     59.5   1,359-1,359   1,359   130.00-130.00   130.00

Total all grades      62     60.4   1,359-1,407   1,398   126.09-130.00   126.85



                      FORWARD CONTRACT NET:  Dressed Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice   10,615     64.7     690-1,086   1,012   192.09-250.60   225.49

65 - 80% Choice    6,300     64.0     857-1,021     953   200.30-250.20   224.91

35 - 65% Choice    5,914     64.1     764-986       945   211.81-244.03   228.62

 0 - 35% Choice       25     63.8     957-957       957   229.73-229.73   229.73

Total all grades  22,854     64.3     690-1,086     979   192.09-250.60   226.14

HEIFER

Over 80% Choice    3,899     64.5     815-1,004     918   193.35-249.71   222.07

65 - 80% Choice    3,255     64.5     787-1,022     859   198.33-243.56   223.20

35 - 65% Choice    1,360     63.9     708-835       785   193.50-233.98   211.43

 0 - 35% Choice                          -                      -

Total all grades   8,514     64.4     708-1,022     874   193.35-249.71   220.80

MIXED STEER/HEIFER

Over 80% Choice      157     63.0     757-928       834   234.35-244.43   239.44

65 - 80% Choice      764     63.3     751-959       883   202.06-238.37   224.97

35 - 65% Choice      182     62.6     751-931       809   233.09-236.67   235.53

 0 - 35% Choice      136     66.1     881-881       881   200.11-200.11   200.11

Total all grades   1,239     63.5     751-959       866   200.11-244.43   225.62

ALL STEERS & HEIFERS

Total all grades  32,607     64.3     690-1,086     947   192.09-250.60   224.73

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice    5,051     60.7     690-1,025     827   174.80-255.32   228.71

65 - 80% Choice    2,166     60.8     717-966       853   180.52-239.50   217.09

35 - 65% Choice    1,862     61.1     605-910       830   190.56-243.14   225.54

 0 - 35% Choice      562     61.6     790-872       824   216.33-231.91   225.95

Total all grades   9,641     60.8     605-1,025     833   174.80-255.32   225.33



                        FORWARD CONTRACT NET:  Live Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice    2,076     63.7   1,367-1,571   1,453   130.98-178.00   153.48

65 - 80% Choice    5,610     63.4   1,296-1,673   1,501   125.68-154.51   150.14

35 - 65% Choice    2,446     63.9   1,412-1,710   1,495   126.87-153.75   143.74

 0 - 35% Choice                          -                      -

Total all grades  10,132     63.6   1,296-1,710   1,490   125.68-178.00   149.28

HEIFER

Over 80% Choice    2,582     63.4   1,262-1,545   1,409   127.07-154.14   145.33

65 - 80% Choice    3,165     64.3   1,191-1,476   1,340   127.07-154.02   149.30

35 - 65% Choice    1,215     64.8   1,221-1,566   1,345   143.93-151.75   150.41

 0 - 35% Choice                          -                      -

Total all grades   6,962     64.1   1,191-1,566   1,366   127.07-154.14   148.02

MIXED STEER/HEIFER

Over 80% Choice    1,176     63.5   1,311-1,551   1,430   145.10-174.19   152.11

65 - 80% Choice      453     63.4   1,304-1,419   1,344   146.57-155.00   152.74

35 - 65% Choice      414     63.5   1,500-1,562   1,532   148.40-153.00   150.64

 0 - 35% Choice                          -                      -

Total all grades   2,043     63.4   1,304-1,562   1,432   145.10-174.19   151.95

ALL STEERS & HEIFERS

Total all grades  19,137     63.7   1,191-1,710   1,439   125.68-178.00   149.11

MIXED STEER/HEIFER/COW

Over 80% Choice      220     63.5   1,344-1,344   1,344   154.16-154.16   154.16

65 - 80% Choice      204     64.9   1,127-1,127   1,127   153.00-153.00   153.00

35 - 65% Choice       84     63.2   1,435-1,435   1,435   153.91-153.91   153.91

 0 - 35% Choice      360     65.3   1,360-1,360   1,360   154.02-154.02   154.02

Total all grades     868     64.5   1,127-1,435   1,308   153.00-154.16   153.81

DAIRYBRED STEER/HEIFER

Over 80% Choice      790     60.6   1,291-1,507   1,390   138.97-148.27   145.48

65 - 80% Choice      215     61.0   1,406-1,406   1,406   135.04-135.04   135.04

35 - 65% Choice                          -                      -

 0 - 35% Choice                          -                      -

Total all grades   1,005     60.7   1,291-1,507   1,393   135.04-148.27   143.25



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



REGIONAL SECTION:

                      ALL STEERS AND HEIFERS (BEEF BREEDS)

                             FORMULA: Dressed Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                49,938    54,542        867    195.82    210.15

KANSAS                  35,284    30,168        886    203.17    215.15

NEBRASKA                27,883    29,689        933    199.84    212.56

COLORADO                22,838    17,147        926    196.61    209.07

WESTERN CORNBELT         4,756     7,367        915    201.02    210.75

 TOTAL 5-AREA          140,322   138,385        896    198.74    211.63

N.CENTRAL/E.MT           3,496     2,221        930    205.08    218.25

WESTERN STATES          13,056    13,123        883    197.92    209.94

EASTERN CORNBELT           700       967        871    196.47    207.45

NORTHEASTERN STATE       1,333     1,764        969    196.27    219.32



                               FORMULA: Live Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                13,646    11,690      1,350    128.08    134.18

KANSAS                   6,275     7,233      1,424    129.07    134.67

NEBRASKA                 3,643     4,210      1,459    124.28    136.55

COLORADO                 1,895       743      1,460    127.17    135.70

WESTERN CORNBELT           852       650      1,452    126.26    141.28

 TOTAL 5-AREA           26,311    24,526      1,394    127.67    134.97

N.CENTRAL/E.MT             591       422      1,329    130.63    142.55

WESTERN STATES             215       396      1,377    129.08    136.73

EASTERN CORNBELT

NORTHEASTERN STATE                   114                         136.00



                             CONTRACT: Dressed Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                 2,295     1,864        932    227.11    223.72

KANSAS                  11,281     9,650        912    221.22    225.31

NEBRASKA                 6,468     4,206        983    220.38    223.66

COLORADO                 4,798     2,820        935    219.51    225.22

WESTERN CORNBELT         5,566     7,764      1,004    239.47    239.71

 TOTAL 5-AREA           30,408    26,304        949    224.56    229.17

N.CENTRAL/E.MT           1,772     1,873        919    226.44    225.35

WESTERN STATES                       356                         237.01

EASTERN CORNBELT            87        82        743    232.91    230.12

NORTHEASTERN STATE         340       335        961    229.03    242.69



                              CONTRACT: Live Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                 1,974     3,734      1,380    144.89    135.52

KANSAS                     882     1,501      1,408    134.22    148.73

NEBRASKA                10,845     8,104      1,439    150.41    149.73

COLORADO                   847       497      1,405    153.67    156.55

WESTERN CORNBELT         2,788       892      1,491    150.63    149.18

 TOTAL 5-AREA           17,336    14,728      1,437    149.15    146.22

N.CENTRAL/E.MT           1,632                1,454    149.73

WESTERN STATES

EASTERN CORNBELT           169       244      1,424    138.69    155.07

NORTHEASTERN STATE



                         NEGOTIATED GRID: Dressed Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                 1,958     2,388        832    202.99    218.12

KANSAS                     164       119        879    205.93    214.91

NEBRASKA                14,760    10,858        942    199.43    206.43

COLORADO                    39       233        789    191.49    210.64

WESTERN CORNBELT         6,576     2,488        902    201.32    210.31

 TOTAL 5-AREA           23,202    15,988        921    200.20    208.79

N.CENTRAL/E.MT           5,647     2,867        932    197.22    204.87

WESTERN STATES

EASTERN CORNBELT         1,001     2,351        830    195.34    210.23

NORTHEASTERN STATE         646       771        821    196.83    209.64



                           NEGOTIATED GRID: Live Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                   577       668      1,328    129.18    135.25

KANSAS

NEBRASKA                   132        45      1,634    122.78    140.00

COLORADO

WESTERN CORNBELT           369       180      1,517    133.20    139.38

 TOTAL 5-AREA            1,078       893      1,430    129.77    136.32

N.CENTRAL/E.MT              80                1,598    132.30

WESTERN STATES

EASTERN CORNBELT           233       100      1,255    139.29    136.15

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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