Markets

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Import

LM_CT152

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



                              IMPORTED CATTLE ONLY



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

Formula Net:              2,429       0   2,429         1,370            468

Negotiated Grid Net:        204       0     204

Forward Contract Net:     4,631       0   4,631         5,365          2,825

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

                          FORMULA NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

Over 80% Choice    1,739    61.5    863-909       891    260.58-268.51    262.66

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades   1,739    61.5    863-909       891    260.58-268.51    262.66

HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice      159    62.2    831-831       831    265.50-265.50    265.50

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     159    62.2    831-831       831    265.50-265.50    265.50

MIXED STEER/HEIFER

Over 80% Choice       45    63.3    818-818       818    266.50-266.50    266.50

65 - 80% Choice       45    61.1    808-808       808    262.85-262.85    262.85

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      90    62.2    808-818       813    262.85-266.50    264.68

ALL STEERS & HEIFERS

                   1,988    61.6    808-909       883    260.58-268.51    262.98

MIXED STEER/HEIFER/COW

Over 80% Choice                        -                       -

65 - 80% Choice      218    61.6    851-851       851    263.94-263.94    263.94

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     218    61.6    851-851       851    263.94-263.94    263.94

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice                        -                       -

35 - 65% Choice      223    57.4    764-764       764    254.36-254.36    254.36

 0 - 35% Choice                        -                       -

Total all grades     223    57.4    764-764       764    254.36-254.36    254.36

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

                            FORMULA NET:  Live Basis

 No Reportable Trade.

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

                      NEGOTIATED GRID NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

Over 80% Choice       80    63.5    895-895       895    256.86-256.86    256.86

65 - 80% Choice       91    60.2    924-924       924    267.12-267.12    267.12

35 - 65% Choice       33    60.8    897-897       897    262.76-262.76    262.76

 0 - 35% Choice                        -                       -

Total all grades     204    61.6    895-924       908    256.86-267.12    262.39

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                     204    61.6    895-924       908    256.86-267.12    262.39

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

 No Reportable Trade.

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

                        NEGOTIATED GRID NET:  Live Basis

 No Reportable Trade.

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

                      FORWARD CONTRACT NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

Over 80% Choice      317    62.2    813-974       869    217.95-263.60    243.13

65 - 80% Choice      881    62.4    825-996       946    208.79-260.47    228.71

35 - 65% Choice      230    61.8  1,000-1,000   1,000    231.71-231.71    231.71

 0 - 35% Choice      552    63.4    852-980       922    220.04-233.48    229.73

Total all grades   1,980    62.6    813-1,000     933    208.79-263.60    231.65

HEIFER

Over 80% Choice       44    62.9    840-840       840    252.31-252.31    252.31

65 - 80% Choice      369    62.8    813-833       822    211.51-249.45    230.09

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     413    62.9    813-840       824    211.51-252.31    232.45

MIXED STEER/HEIFER

Over 80% Choice      494    62.4    993-993       993    212.87-212.87    212.87

65 - 80% Choice      382    63.1    858-947       885    215.27-247.20    228.96

35 - 65% Choice      253    62.7    861-861       861    252.50-252.50    252.50

 0 - 35% Choice      257    62.9    853-853       853    254.49-254.49    254.49

Total all grades   1,386    62.7    853-993       913    212.87-254.49    232.26

ALL STEERS & HEIFERS

                   3,779    62.7    813-1,000     914    208.79-263.60    231.96

MIXED STEER/HEIFER/COW

Over 80% Choice      806    63.1    872-911       894    204.76-217.77    212.39

65 - 80% Choice       46    63.2    829-829       829    219.47-219.47    219.47

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     852    63.1    829-911       890    204.76-219.47    212.77

DAIRYBRED STEER/HEIFER

 No Reportable Trade.

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

                       FORWARD CONTRACT NET:  Live Basis

 No Reportable Trade.

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





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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