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Weekly Direct Slaughter Cattle-Formulated & Forward Contract -Domestic

Last Updated 7/15/2019 | View 254 Archived Reports

LM_CT151
St Joseph, MO    Mon Jul 15, 2019    USDA Market News Service

NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT
For Cattle Price During The Week Ending Sunday, 07/14/2019

                               DOMESTIC CATTLE ONLY

                        Dressed:  Live:   Total: Total Week Ago: Total Year Ago:
Formula Net:            256,326  24,018  280,344       273,073        286,813
Negotiated Grid Net:     14,322     519   14,841         9,866         17,710
Forward Contract Net:    27,367  12,253   39,620        51,994         28,527

                           FORMULA NET:  Dressed Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice   54,554     63.8     671-1,074     893   155.02-217.46   181.77
65 - 80% Choice   39,919     64.1     669-1,036     890   158.76-200.41   176.29
35 - 65% Choice   28,619     64.2     662-1,013     858   153.08-183.60   172.55
 0 - 35% Choice    1,548     63.6     615-905       828   155.05-175.80   168.14
Total all grades 124,640     64.0     615-1,074     883   153.08-217.46   177.73
HEIFER
Over 80% Choice   52,655     63.9     644-983       801   158.99-220.01   180.72
65 - 80% Choice   24,665     63.9     655-930       781   149.99-208.31   176.79
35 - 65% Choice    9,738     63.8     593-888       733   145.18-183.57   172.23
 0 - 35% Choice      201     62.4     711-711       711   163.99-163.99   163.99
Total all grades  87,259     63.9     593-983       788   145.18-220.01   178.62
MIXED STEER/HEIFER
Over 80% Choice   18,862     63.5     642-1,032     827   165.67-219.06   181.80
65 - 80% Choice    8,042     63.5     657-1,004     824   159.20-201.47   176.94
35 - 65% Choice    2,627     62.9     677-1,000     809   154.21-184.34   170.11
 0 - 35% Choice                          -                      -
Total all grades  29,531     63.4     642-1,032     825   154.21-219.06   179.43
ALL STEERS & HEIFERS
Total all grades 241,430     63.9     593-1,074     842   145.18-220.01   178.26
MIXED STEER/HEIFER/COW
Over 80% Choice      366     63.6     755-891       808   168.06-179.34   177.11
65 - 80% Choice      454     63.7     769-996       836   160.68-182.85   170.22
35 - 65% Choice    1,016     62.0     697-959       809   151.74-173.48   164.34
 0 - 35% Choice    1,390     60.0     746-1,096     995   145.64-155.63   149.46
Total all grades   3,226     61.6     697-1,096     893   145.64-182.85   160.20
DAIRYBRED STEER/HEIFER
Over 80% Choice    6,514     61.7     703-967       852   152.89-185.60   169.42
65 - 80% Choice    2,661     60.5     718-913       843   151.19-170.98   161.60
35 - 65% Choice    2,279     60.8     717-932       799   148.42-162.96   156.49
 0 - 35% Choice      216     60.4     739-781       754   145.56-152.89   148.24
Total all grades  11,670     61.2     703-967       838   145.56-185.60   164.72

                            FORMULA NET:  Live Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice    5,419     63.4   1,145-1,543   1,383   105.86-128.13   113.47
65 - 80% Choice    2,563     63.2   1,291-1,462   1,395   108.88-114.50   110.62
35 - 65% Choice    2,122     63.2   1,267-1,526   1,374   108.86-110.00   109.54
 0 - 35% Choice                          -                      -
Total all grades  10,104     63.3   1,145-1,543   1,384   105.86-128.13   111.93
HEIFER
Over 80% Choice    1,742     63.3   1,133-1,467   1,222   108.96-129.68   116.16
65 - 80% Choice    2,145     63.1   1,126-1,333   1,245   108.94-129.81   112.45
35 - 65% Choice    1,676     63.1   1,061-1,343   1,153   109.00-110.75   109.86
 0 - 35% Choice      296     63.4   1,179-1,179   1,179   111.50-111.50   111.50
Total all grades   5,859     63.2   1,061-1,467   1,208   108.94-129.81   112.76
MIXED STEER/HEIFER
Over 80% Choice    1,693     62.4   1,179-1,419   1,272   108.94-134.80   124.66
65 - 80% Choice    1,306     63.4   1,223-1,407   1,318   107.94-113.50   110.26
35 - 65% Choice    2,418     63.2   1,146-1,379   1,236   108.26-111.42   109.64
 0 - 35% Choice                          -                      -
Total all grades   5,417     63.0   1,146-1,419   1,267   107.94-134.80   114.48
ALL STEERS & HEIFERS
Total all grades  21,380     63.2   1,061-1,543   1,306   105.86-134.80   112.80
MIXED STEER/HEIFER/COW
Over 80% Choice      100     63.5   1,221-1,221   1,221   112.50-112.50   112.50
65 - 80% Choice                          -                      -
35 - 65% Choice                          -                      -
 0 - 35% Choice                          -                      -
Total all grades     100     63.5   1,221-1,221   1,221   112.50-112.50   112.50
DAIRYBRED STEER/HEIFER
Over 80% Choice    1,561     60.5   1,323-1,485   1,409    83.85-103.24    99.90
65 - 80% Choice      745     60.0   1,254-1,462   1,411    86.02-103.24    96.04
35 - 65% Choice      232     60.1   1,311-1,364   1,332    87.02-91.62     89.80
 0 - 35% Choice                          -                      -
Total all grades   2,538     60.3   1,254-1,485   1,402    83.85-103.24    97.84

                       NEGOTIATED GRID NET:  Dressed Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice    1,915     63.4     735-951       851   169.91-187.09   181.03
65 - 80% Choice      794     64.2     665-974       856   164.77-182.34   174.42
35 - 65% Choice      921     63.5     708-969       826   160.52-186.78   174.96
 0 - 35% Choice      103     64.1     694-694       694   161.74-161.74   161.74
Total all grades   3,733     63.6     665-974       841   160.52-187.09   177.59
HEIFER
Over 80% Choice    1,319     63.2     670-869       751   171.24-189.17   182.76
65 - 80% Choice      196     64.2     706-906       759   164.68-184.43   176.32
35 - 65% Choice      309     63.7     792-818       797   175.09-180.31   179.02
 0 - 35% Choice                          -                      -
Total all grades   1,824     63.4     670-906       760   164.68-189.17   181.43
MIXED STEER/HEIFER
Over 80% Choice    4,021     63.3     678-900       802   166.98-190.09   180.64
65 - 80% Choice    1,671     62.9     660-901       818   166.76-190.50   178.25
35 - 65% Choice      502     62.9     711-891       798   174.79-187.97   183.88
 0 - 35% Choice                          -                      -
Total all grades   6,194     63.2     660-901       806   166.76-190.50   180.26
ALL STEERS & HEIFERS
Total all grades  11,751     63.3     660-974       810   160.52-190.50   179.59
MIXED STEER/HEIFER/COW
Over 80% Choice                          -                      -
65 - 80% Choice       30     59.6     824-824       824   147.08-147.08   147.08
35 - 65% Choice      175     60.0     820-912       848   141.16-142.63   141.91
 0 - 35% Choice       70     60.1     807-867       836   135.44-139.96   137.64
Total all grades     275     60.0     807-912       842   135.44-147.08   141.38
DAIRYBRED STEER/HEIFER
Over 80% Choice    1,832     58.8     697-990       841   135.23-156.85   147.06
65 - 80% Choice      278     58.5     682-875       809   137.74-153.96   145.01
35 - 65% Choice      152     58.0     742-854       806   130.93-144.02   136.04
 0 - 35% Choice       34     57.8     908-908       908   132.32-132.32   132.32
Total all grades   2,296     58.7     682-990       836   130.93-156.85   145.86

                        NEGOTIATED GRID NET:  Live Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice       37     63.5   1,350-1,350   1,350   113.00-113.00   113.00
65 - 80% Choice      267     62.7   1,431-1,468   1,446   109.11-111.00   110.25
35 - 65% Choice                          -                      -
 0 - 35% Choice                          -                      -
Total all grades     304     62.8   1,350-1,468   1,434   109.11-113.00   110.58
HEIFER
  No Reportable Trade.
MIXED STEER/HEIFER
Over 80% Choice                          -                      -
65 - 80% Choice                          -                      -
35 - 65% Choice      215     62.9   1,044-1,061   1,052   109.00-109.00   109.00
 0 - 35% Choice                          -                      -
Total all grades     215     62.9   1,044-1,061   1,052   109.00-109.00   109.00
ALL STEERS & HEIFERS
Total all grades     519     62.8   1,044-1,468   1,276   109.00-113.00   109.93
MIXED STEER/HEIFER/COW
  No Reportable Trade.
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    1,829     63.4     779-989       892   175.47-196.20   189.67
65 - 80% Choice    1,557     63.6     741-881       829   167.17-194.02   183.67
35 - 65% Choice      658     64.1     832-867       843   168.74-190.23   174.51
 0 - 35% Choice       93     64.7     860-860       860   177.24-177.24   177.24
Total all grades   4,137     63.6     741-989       860   167.17-196.20   184.72
HEIFER
Over 80% Choice    1,035     63.5     707-852       803   169.61-195.11   189.14
65 - 80% Choice    1,023     64.4     738-881       814   177.53-192.01   186.76
35 - 65% Choice      950     63.2     728-896       797   171.86-190.71   183.35
 0 - 35% Choice      102     64.7     786-786       786   175.85-175.85   175.85
Total all grades   3,110     63.8     707-896       805   169.61-195.11   186.15
MIXED STEER/HEIFER
Over 80% Choice      228     62.3     709-797       749   165.74-204.07   187.55
65 - 80% Choice                          -                      -
35 - 65% Choice                          -                      -
 0 - 35% Choice                          -                      -
Total all grades     228     62.3     709-797       749   165.74-204.07   187.55
ALL STEERS & HEIFERS
Total all grades   7,475     63.6     707-989       833   165.74-204.07   185.40
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice   15,750     60.4     638-1,007     844   142.03-215.69   174.35
65 - 80% Choice    3,208     59.1     647-980       799   140.21-186.36   163.32
35 - 65% Choice      863     58.3     680-838       769   137.35-166.34   155.13
 0 - 35% Choice       71     57.4     683-779       732   143.68-151.09   147.44
Total all grades  19,892     60.1     638-1,007     833   137.35-215.69   171.64

                        FORWARD CONTRACT NET:  Live Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice    3,836     62.4   1,056-1,445   1,359   103.50-141.98   115.89
65 - 80% Choice      451     62.7   1,267-1,502   1,325   110.00-119.28   111.40
35 - 65% Choice      814     64.1   1,345-1,431   1,363   114.21-118.00   115.22
 0 - 35% Choice                          -                      -
Total all grades   5,101     62.7   1,056-1,502   1,356   103.50-141.98   115.38
HEIFER
Over 80% Choice      868     63.0   1,212-1,284   1,248   110.10-132.03   119.52
65 - 80% Choice      135     63.5   1,249-1,249   1,249   115.60-115.60   115.60
35 - 65% Choice      106     64.1   1,048-1,048   1,048   114.35-114.35   114.35
 0 - 35% Choice                          -                      -
Total all grades   1,109     63.1   1,048-1,284   1,229   110.10-132.03   118.55
MIXED STEER/HEIFER
Over 80% Choice    5,645     62.1   1,099-1,451   1,418   110.10-145.41   111.04
65 - 80% Choice       86     63.5   1,243-1,243   1,243   115.51-115.51   115.51
35 - 65% Choice                          -                      -
 0 - 35% Choice                          -                      -
Total all grades   5,731     62.1   1,099-1,451   1,416   110.10-145.41   111.10
ALL STEERS & HEIFERS
Total all grades  11,941     62.5   1,048-1,502   1,373   103.50-145.41   113.62
MIXED STEER/HEIFER/COW
Over 80% Choice       39     62.3   1,331-1,331   1,331   114.42-114.42   114.42
65 - 80% Choice       89     62.1   1,224-1,224   1,224   120.49-120.49   120.49
35 - 65% Choice                          -                      -
 0 - 35% Choice                          -                      -
Total all grades     128     62.2   1,224-1,331   1,257   114.42-120.49   118.64
DAIRYBRED STEER/HEIFER
Over 80% Choice                          -                      -
65 - 80% Choice      184     61.2   1,357-1,407   1,381    99.35-99.35     99.35
35 - 65% Choice                          -                      -
 0 - 35% Choice                          -                      -
Total all grades     184     61.2   1,357-1,407   1,381    99.35-99.35     99.35

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

REGIONAL SECTION:
                      ALL STEERS AND HEIFERS (BEEF BREEDS)
                             FORMULA: Dressed Basis
                          Head       Week     Avg        Avg     Week
                          Count      Ago      Weight   Price     Ago
TX/OK/NM                66,902    63,455        841    174.52    174.93
KANSAS                  81,318    81,075        842    175.67    176.30
NEBRASKA                45,293    40,747        843    183.00    182.91
COLORADO                18,092    19,626        838    185.60    182.87
WESTERN CORNBELT        11,664     8,814        822    182.81    185.90
 TOTAL 5-AREA          222,026   213,329        841    177.96    178.15
N.CENTRAL/E.MT           5,401     5,245        829    185.13    188.65
WESTERN STATES          11,727     9,331        871    179.88    180.68
EASTERN CORNBELT           872       759        856    181.59    184.37
NORTHEASTERN STATE          30                  966    210.17

                               FORMULA: Live Basis
                          Head       Week     Avg        Avg     Week
                          Count      Ago      Weight   Price     Ago
TX/OK/NM                11,478    19,176      1,293    111.48    111.50
KANSAS                   1,439       975      1,290    112.24    110.87
NEBRASKA                 4,393     4,180      1,355    114.96    114.32
COLORADO                 3,037     3,475      1,284    114.27    111.74
WESTERN CORNBELT           557       302      1,358    116.12    121.52
 TOTAL 5-AREA           20,904    28,108      1,306    112.79    112.04
N.CENTRAL/E.MT             190       435      1,368    114.50    112.34
WESTERN STATES              62                1,436    109.76
EASTERN CORNBELT            41                1,233    105.86
NORTHEASTERN STATE         183                1,275    114.60

                             CONTRACT: Dressed Basis
                          Head       Week     Avg        Avg     Week
                          Count      Ago      Weight   Price     Ago
TX/OK/NM                   690     3,071        828    183.98    186.32
KANSAS                     162     2,412        745    185.42    191.52
NEBRASKA                   944     3,218        847    187.87    190.54
COLORADO                 3,164     3,914        847    182.80    184.49
WESTERN CORNBELT           238     4,212        757    187.77    194.47
 TOTAL 5-AREA            5,078    16,746        839    184.30    189.53
N.CENTRAL/E.MT             194       664        820    190.71    187.43
WESTERN STATES           1,670       867        830    188.76    190.31
EASTERN CORNBELT           151        38        786    185.24    184.48
NORTHEASTERN STATE         262       435        822    184.39    188.34

                              CONTRACT: Live Basis
                          Head       Week     Avg        Avg     Week
                          Count      Ago      Weight   Price     Ago
TX/OK/NM                   841       800      1,321    114.99    118.32
KANSAS                     130       137      1,396    116.00    124.27
NEBRASKA                 8,616     9,936      1,412    111.03    110.62
COLORADO                   688                1,290    117.66
WESTERN CORNBELT         1,342     1,906      1,213    125.14    116.28
 TOTAL 5-AREA           11,617    12,739      1,375    113.39    112.08
N.CENTRAL/E.MT              83       216      1,310    141.82    127.58
WESTERN STATES
EASTERN CORNBELT           241        39      1,287    115.01    116.30
NORTHEASTERN STATE

                         NEGOTIATED GRID: Dressed Basis
                          Head       Week     Avg        Avg     Week
                          Count      Ago      Weight   Price     Ago
TX/OK/NM                 1,541     1,637        799    172.14    174.09
KANSAS                     116       199        838    169.34    179.65
NEBRASKA                 2,151     1,602        835    182.25    184.40
COLORADO                   153                  733    185.75
WESTERN CORNBELT         3,612     2,574        815    180.11    181.10
 TOTAL 5-AREA            7,358     5,865        816    179.13    179.91
N.CENTRAL/E.MT           2,243       627        820    182.75    182.74
WESTERN STATES              73        33        796    167.56    167.62
EASTERN CORNBELT         1,366     1,560        767    179.30    176.69
NORTHEASTERN STATE         455       389        807    176.00    174.97

                           NEGOTIATED GRID: Live Basis
                          Head       Week     Avg        Avg     Week
                          Count      Ago      Weight   Price     Ago
TX/OK/NM                   215                1,052    109.00
KANSAS
NEBRASKA                   267        80      1,446    110.25    113.66
COLORADO
WESTERN CORNBELT            37                1,350    113.00
 TOTAL 5-AREA              519        80      1,276    109.93    113.66
N.CENTRAL/E.MT
WESTERN STATES
EASTERN CORNBELT
NORTHEASTERN STATE


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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.
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Source: USDA Livestock, Poultry & Grain Market News Division, St. Joseph, MO
        816-676-7000    email:  stjoe.lpgmn@ams.usda.gov
        www.ams.usda.gov/market-news/livestock-poultry-grain

1130C






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