Markets

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Import

LM_CT152

St. Joseph, MO   Mon Nov 24, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 11/23/2014



                              IMPORTED CATTLE ONLY



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

Formula Net:              3,289       0   3,289         2,429          1,123

Negotiated Grid Net:        343       0     343           204

Forward Contract Net:     5,236       0   5,236         4,631          3,828

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

                          FORMULA NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

Over 80% Choice      282    61.5    920-934       930    259.14-264.97    263.27

65 - 80% Choice    1,439    62.6    883-971       915    260.83-266.94    263.24

35 - 65% Choice      121    59.2    865-985       896    254.86-261.05    256.45

 0 - 35% Choice                        -                       -

Total all grades   1,842    62.2    865-985       916    254.86-266.94    262.80

HEIFER

Over 80% Choice      167    61.8    863-863       863    263.74-263.74    263.74

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     167    61.8    863-863       863    263.74-263.74    263.74

MIXED STEER/HEIFER

Over 80% Choice      174    63.7    875-902       881    261.57-268.06    263.14

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     174    63.7    875-902       881    261.57-268.06    263.14

ALL STEERS & HEIFERS

                   2,183    62.3    863-985       909    254.86-268.06    262.89

MIXED STEER/HEIFER/COW

Over 80% Choice      305    62.5    836-838       837    260.53-264.80    262.94

65 - 80% Choice      439    63.2    819-850       830    258.43-261.35    259.28

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     744    62.9    819-850       833    258.43-264.80    260.78

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice                        -                       -

35 - 65% Choice      362    57.9    764-764       764    254.36-254.36    254.36

 0 - 35% Choice                        -                       -

Total all grades     362    57.9    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       36    64.0    931-931       931    250.17-250.17    250.17

65 - 80% Choice                        -                       -

35 - 65% Choice       42    64.3    910-910       910    261.57-261.57    261.57

 0 - 35% Choice                        -                       -

Total all grades      78    64.2    910-931       920    250.17-261.57    256.31

HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice      265    63.2    873-873       873    268.87-268.87    268.87

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     265    63.2    873-873       873    268.87-268.87    268.87

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                     343    63.4    873-931       884    250.17-268.87    266.01

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      805    63.1    816-1,087     983    217.49-264.41    244.02

65 - 80% Choice      570    62.6    853-968       909    205.34-256.35    223.07

35 - 65% Choice       17    63.0    848-848       848    255.20-255.20    255.20

 0 - 35% Choice                        -                       -

Total all grades   1,392    62.9    816-1,087     951    205.34-264.41    235.58

HEIFER

Over 80% Choice       71    62.2    855-862       859    205.30-206.96    206.00

65 - 80% Choice       44    63.3    806-806       806    211.87-211.87    211.87

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     115    62.6    806-862       839    205.30-211.87    208.25

MIXED STEER/HEIFER

Over 80% Choice      859    62.6    929-1,022     980    210.27-244.74    221.29

65 - 80% Choice    1,128    62.7    846-1,001     920    206.82-254.49    224.69

35 - 65% Choice      732    63.1    824-989       880    210.21-252.04    228.94

 0 - 35% Choice                        -                       -

Total all grades   2,719    62.8    824-1,022     928    206.82-254.49    224.76

ALL STEERS & HEIFERS

                   4,226    62.8    806-1,087     933    205.30-264.41    227.88

MIXED STEER/HEIFER/COW

Over 80% Choice      448    62.1    831-879       859    206.45-242.45    224.50

65 - 80% Choice      444    63.7    838-870       854    213.15-213.76    213.46

35 - 65% Choice       77    61.8    887-887       887    239.74-239.74    239.74

 0 - 35% Choice                        -                       -

Total all grades     969    62.9    831-887       859    206.45-242.45    220.65

DAIRYBRED STEER/HEIFER

Over 80% Choice       41    59.2    884-884       884    234.82-234.82    234.82

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      41    59.2    884-884       884    234.82-234.82    234.82

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

                       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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