Markets

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Import

LM_CT152

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



                              IMPORTED CATTLE ONLY



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

Formula Net:                454       0     454           777            680

Negotiated Grid Net:        334       0     334           246             12

Forward Contract Net:     1,328       0   1,328         2,968          3,610

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

                          FORMULA NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

Over 80% Choice      266    62.6    849-906       896    249.05-258.51    250.66

65 - 80% Choice       60    62.4    968-968       968    255.35-255.35    255.35

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     326    62.6    849-968       909    249.05-258.51    251.52

HEIFER

Over 80% Choice       84    63.5    932-932       932    253.88-253.88    253.88

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      84    63.5    932-932       932    253.88-253.88    253.88

MIXED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice       44    63.3    780-780       780    256.57-256.57    256.57

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      44    63.3    780-780       780    256.57-256.57    256.57

ALL STEERS & HEIFERS

                     454    62.8    780-968       901    249.05-258.51    252.45

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

 No Reportable Trade.

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

                            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                        -                       -

65 - 80% Choice      334    62.2    900-934       917    269.31-270.00    269.65

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     334    62.2    900-934       917    269.31-270.00    269.65

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                     334    62.2    900-934       917    269.31-270.00    269.65

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      582    61.8    804-1,008     895    225.95-263.77    243.51

65 - 80% Choice      568    62.1    834-897       874    221.84-222.21    221.96

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades   1,150    61.9    804-1,008     885    221.84-263.77    232.87

HEIFER

Over 80% Choice      178    62.7    815-908       883    242.16-249.31    244.13

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     178    62.7    815-908       883    242.16-249.31    244.13

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                   1,328    62.1    804-1,008     884    221.84-263.77    234.38

MIXED STEER/HEIFER/COW

 No Reportable Trade.

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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