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Weekly Direct Slaughter Cattle-Formulated & Forward Contract -Domestic

Last Updated 10/14/2019 | View 263 Archived Reports

LM_CT151
St Joseph, MO    Mon Oct 14, 2019    USDA Market News Service

NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT
For Cattle Price During The Week Ending Sunday, 10/13/2019

                               DOMESTIC CATTLE ONLY

                        Dressed:  Live:   Total: Total Week Ago: Total Year Ago:
Formula Net:            256,125  35,724  291,849       284,551        278,968
Negotiated Grid Net:     12,594     675   13,269        16,698         16,060
Forward Contract Net:    25,047  15,567   40,614        43,446         35,705

                           FORMULA NET:  Dressed Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice   51,430     63.8     661-1,064     940   147.67-207.35   172.05
65 - 80% Choice   36,706     64.0     665-1,027     920   151.38-177.34   168.67
35 - 65% Choice   33,008     64.2     704-1,011     888   146.65-175.44   165.68
 0 - 35% Choice      998     63.2     681-997       856   147.18-170.04   161.06
Total all grades 122,142     64.0     661-1,064     920   146.65-207.35   169.22
HEIFER
Over 80% Choice   47,045     63.9     689-973       830   153.89-204.59   174.50
65 - 80% Choice   30,594     64.1     668-918       810   154.23-199.96   169.24
35 - 65% Choice   11,491     63.7     685-949       785   143.03-192.08   167.42
 0 - 35% Choice       94     63.3     743-769       749   157.65-161.63   160.66
Total all grades  89,224     63.9     668-973       817   143.03-204.59   171.77
MIXED STEER/HEIFER
Over 80% Choice   19,536     63.7     663-1,037     862   150.61-202.84   174.33
65 - 80% Choice    7,800     63.6     683-986       850   141.56-176.04   166.94
35 - 65% Choice    2,838     62.8     678-973       835   145.63-182.50   162.81
 0 - 35% Choice      252     62.6     638-773       719   144.99-161.90   153.37
Total all grades  30,426     63.6     638-1,037     855   141.56-202.84   171.18
ALL STEERS & HEIFERS
Total all grades 241,792     63.9     638-1,064     874   141.56-207.35   170.41
MIXED STEER/HEIFER/COW
Over 80% Choice    1,575     64.2     778-892       824   158.42-170.13   169.07
65 - 80% Choice      771     62.7     715-914       807   157.27-169.89   164.75
35 - 65% Choice    1,071     61.9     721-1,026     855   136.60-171.64   161.16
 0 - 35% Choice      990     59.2     731-1,112     955   140.88-153.94   145.75
Total all grades   4,407     62.3     715-1,112     858   136.60-171.64   161.15
DAIRYBRED STEER/HEIFER
Over 80% Choice    4,910     61.8     737-955       825   135.00-186.57   164.05
65 - 80% Choice    3,617     60.6     741-905       836   139.03-164.22   154.99
35 - 65% Choice    1,324     61.3     697-911       838   137.73-162.64   151.26
 0 - 35% Choice       75     60.1     809-827       818   136.53-143.51   140.07
Total all grades   9,926     61.3     697-955       831   135.00-186.57   158.86

                            FORMULA NET:  Live Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice    5,411     63.1   1,337-1,661   1,510   101.17-124.11   109.12
65 - 80% Choice    4,290     62.8   1,210-1,559   1,470   103.66-110.85   108.58
35 - 65% Choice    4,353     63.2   1,194-1,554   1,341   103.66-108.91   107.05
 0 - 35% Choice    1,299     63.7   1,128-1,452   1,233   104.20-108.37   106.92
Total all grades  15,353     63.1   1,128-1,661   1,428   101.17-124.11   108.19
HEIFER
Over 80% Choice    2,898     63.1   1,179-1,453   1,294   103.00-125.03   109.36
65 - 80% Choice    3,026     62.7   1,064-1,391   1,231   107.00-110.85   108.09
35 - 65% Choice    3,020     62.7   1,090-1,321   1,158   106.05-108.00   107.28
 0 - 35% Choice       80     59.4   1,174-1,174   1,174   107.00-107.00   107.00
Total all grades   9,024     62.8   1,064-1,453   1,226   103.00-125.03   108.22
MIXED STEER/HEIFER
Over 80% Choice    3,946     63.1   1,155-1,667   1,402   101.00-129.26   114.66
65 - 80% Choice    2,592     62.6   1,228-1,472   1,344   104.84-109.00   108.29
35 - 65% Choice    1,505     62.5   1,186-1,408   1,274   106.00-108.50   107.67
 0 - 35% Choice      150     63.4   1,238-1,425   1,369   105.05-106.05   105.35
Total all grades   8,193     62.8   1,155-1,667   1,359   101.00-129.26   111.19
ALL STEERS & HEIFERS
Total all grades  32,570     62.9   1,064-1,667   1,355   101.00-129.26   108.95
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      836     60.6   1,342-1,583   1,432    83.69-99.34     95.68
65 - 80% Choice    2,043     61.8   1,216-1,493   1,374    84.00-96.93     90.77
35 - 65% Choice      272     61.0   1,313-1,434   1,367    83.32-94.93     90.13
 0 - 35% Choice        3     55.0   1,385-1,385   1,385    73.30-73.30     73.30
Total all grades   3,154     61.4   1,216-1,583   1,389    73.30-99.34     92.00

                       NEGOTIATED GRID NET:  Dressed Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice    3,694     62.6     559-999       869   156.57-187.89   168.97
65 - 80% Choice      475     61.6     732-1,009     910   157.69-167.25   163.93
35 - 65% Choice      218     62.7     904-925       911   155.23-161.80   157.52
 0 - 35% Choice       45     59.9     753-1,130     865   113.00-159.72   155.39
Total all grades   4,432     62.5     559-1,130     876   113.00-187.89   167.73
HEIFER
Over 80% Choice    1,183     63.0     672-880       814   160.28-185.41   169.89
65 - 80% Choice       50     63.0     638-733       720   154.27-167.17   165.36
35 - 65% Choice                          -                      -
 0 - 35% Choice                          -                      -
Total all grades   1,233     63.0     638-880       810   154.27-185.41   169.71
MIXED STEER/HEIFER
Over 80% Choice    3,704     62.6     684-947       827   156.13-190.11   170.35
65 - 80% Choice      344     62.3     690-855       793   136.16-176.76   165.05
35 - 65% Choice      285     63.2     714-989       859   138.06-161.91   152.96
 0 - 35% Choice        3     60.2     696-696       696   148.00-148.00   148.00
Total all grades   4,336     62.6     684-989       827   136.16-190.11   168.77
ALL STEERS & HEIFERS
Total all grades  10,001     62.6     559-1,130     846   113.00-190.11   168.42
MIXED STEER/HEIFER/COW
Over 80% Choice                          -                      -
65 - 80% Choice                          -                      -
35 - 65% Choice      117     61.3     825-883       863   140.10-163.40   147.68
 0 - 35% Choice      240     58.4     795-995       951   130.81-135.46   134.46
Total all grades     357     59.3     795-995       922   130.81-163.40   138.79
DAIRYBRED STEER/HEIFER
Over 80% Choice    1,547     59.1     717-1,018     842   135.92-159.79   149.09
65 - 80% Choice      371     58.7     558-844       805    86.00-147.26   144.35
35 - 65% Choice      318     58.9     700-836       781   132.28-143.86   139.71
 0 - 35% Choice                          -                      -
Total all grades   2,236     59.0     558-1,018     827    86.00-159.79   146.97

                        NEGOTIATED GRID NET:  Live Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice      311     63.6   1,292-1,574   1,409   103.00-108.98   106.60
65 - 80% Choice                          -                      -
35 - 65% Choice                          -                      -
 0 - 35% Choice                          -                      -
Total all grades     311     63.6   1,292-1,574   1,409   103.00-108.98   106.60
HEIFER
Over 80% Choice      120     63.5   1,204-1,204   1,204   107.00-107.00   107.00
65 - 80% Choice       82     63.1   1,407-1,407   1,407    96.09-96.09     96.09
35 - 65% Choice                          -                      -
 0 - 35% Choice                          -                      -
Total all grades     202     63.3   1,204-1,407   1,286    96.09-107.00   102.57
MIXED STEER/HEIFER
Over 80% Choice       22     61.0   1,396-1,396   1,396   103.00-103.00   103.00
65 - 80% Choice                          -                      -
35 - 65% Choice                          -                      -
 0 - 35% Choice                          -                      -
Total all grades      22     61.0   1,396-1,396   1,396   103.00-103.00   103.00
ALL STEERS & HEIFERS
Total all grades     535     63.4   1,204-1,574   1,362    96.09-108.98   104.93
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      104     55.2   1,402-1,443   1,422    87.00-92.50     89.70
65 - 80% Choice                          -                      -
35 - 65% Choice                          -                      -
 0 - 35% Choice       36     57.0   1,421-1,421   1,421    86.93-86.93     86.93
Total all grades     140     55.7   1,402-1,443   1,422    86.93-92.50     88.99

                      FORWARD CONTRACT NET:  Dressed Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice    6,247     63.8     824-996       933   167.60-205.97   179.00
65 - 80% Choice      466     64.3     961-980       975   182.15-184.09   183.24
35 - 65% Choice      147     64.7     820-820       820   185.61-185.61   185.61
 0 - 35% Choice                          -                      -
Total all grades   6,860     63.8     820-996       933   167.60-205.97   179.43
HEIFER
Over 80% Choice    1,735     63.1     790-948       865   157.17-202.94   183.82
65 - 80% Choice      412     63.6     662-871       847   181.08-186.67   184.02
35 - 65% Choice                          -                      -
 0 - 35% Choice                          -                      -
Total all grades   2,147     63.2     662-948       862   157.17-202.94   183.86
MIXED STEER/HEIFER
Over 80% Choice    1,010     63.7     698-949       871   162.96-205.73   180.67
65 - 80% Choice    1,021     62.8     846-971       925   168.21-190.88   181.10
35 - 65% Choice       37     59.9     771-771       771   151.76-151.76   151.76
 0 - 35% Choice                          -                      -
Total all grades   2,068     63.2     698-971       896   151.76-205.73   180.36
ALL STEERS & HEIFERS
Total all grades  11,075     63.6     662-996       913   151.76-205.97   180.46
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice   10,129     60.1     691-987       827   136.68-194.41   167.89
65 - 80% Choice    2,952     59.7     669-894       807   135.43-172.79   157.65
35 - 65% Choice      891     59.1     673-874       789   128.91-170.82   155.40
 0 - 35% Choice                          -                      -
Total all grades  13,972     59.9     669-987       820   128.91-194.41   164.93

                        FORWARD CONTRACT NET:  Live Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice    4,902     62.8   1,258-1,577   1,478    99.55-134.99   107.32
65 - 80% Choice    2,188     63.0   1,311-1,496   1,454   102.45-118.18   115.80
35 - 65% Choice      839     64.7   1,266-1,506   1,399   102.58-118.67   113.53
 0 - 35% Choice      146     63.6   1,374-1,374   1,374   102.58-102.58   102.58
Total all grades   8,075     63.1   1,258-1,577   1,462    99.55-134.99   110.18
HEIFER
Over 80% Choice    3,685     63.2   1,224-1,432   1,346    99.55-139.31   115.57
65 - 80% Choice      699     63.0   1,327-1,387   1,349    98.12-118.18   110.67
35 - 65% Choice                          -                      -
 0 - 35% Choice                          -                      -
Total all grades   4,384     63.2   1,224-1,432   1,346    98.12-139.31   114.79
MIXED STEER/HEIFER
Over 80% Choice    2,833     62.8   1,287-1,549   1,452    99.55-136.68   109.21
65 - 80% Choice       80     63.2   1,349-1,458   1,402   114.26-115.31   114.80
35 - 65% Choice       41     62.2   1,346-1,346   1,346   113.75-113.75   113.75
 0 - 35% Choice                          -                      -
Total all grades   2,954     62.8   1,287-1,549   1,449    99.55-136.68   109.43
ALL STEERS & HEIFERS
Total all grades  15,413     63.1   1,224-1,577   1,426    98.12-139.31   111.35
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                          -                      -
65 - 80% Choice                          -                      -
35 - 65% Choice      154     60.5   1,386-1,386   1,386    94.20-94.20     94.20
 0 - 35% Choice                          -                      -
Total all grades     154     60.5   1,386-1,386   1,386    94.20-94.20     94.20

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

REGIONAL SECTION:
                      ALL STEERS AND HEIFERS (BEEF BREEDS)
                             FORMULA: Dressed Basis
                          Head       Week     Avg        Avg     Week
                          Count      Ago      Weight   Price     Ago
TX/OK/NM                72,785    71,681        848    168.72    163.33
KANSAS                  70,615    75,862        886    169.08    164.37
NEBRASKA                43,993    33,343        895    171.87    168.11
COLORADO                21,149    19,439        867    175.42    169.96
WESTERN CORNBELT        13,008    12,703        888    169.28    167.22
 TOTAL 5-AREA          220,898   211,593        874    170.12    165.24
N.CENTRAL/E.MT           7,660     4,858        868    175.94    175.12
WESTERN STATES          11,711    13,201        881    171.60    166.88
EASTERN CORNBELT           739       719        870    174.14    171.49
NORTHEASTERN STATE          35        35        768    201.76    197.39

                               FORMULA: Live Basis
                          Head       Week     Avg        Avg     Week
                          Count      Ago      Weight   Price     Ago
TX/OK/NM                17,275    20,462      1,282    108.66    104.48
KANSAS                   3,188     2,440      1,475    108.23    102.66
NEBRASKA                 4,530     4,346      1,449    109.72    108.88
COLORADO                 6,995     6,653      1,415    109.07    106.14
WESTERN CORNBELT           251       460      1,308    112.42    113.25
 TOTAL 5-AREA           32,171    34,361      1,353    108.89    105.35
N.CENTRAL/E.MT             315       251      1,480    116.43    118.06
WESTERN STATES                       104                         103.02
EASTERN CORNBELT             9        29      1,155    101.00     99.00
NORTHEASTERN STATE           7                1,373    101.17

                             CONTRACT: Dressed Basis
                          Head       Week     Avg        Avg     Week
                          Count      Ago      Weight   Price     Ago
TX/OK/NM                   222       464        833    178.45    187.05
KANSAS                     541       841        902    189.99    178.58
NEBRASKA                 1,223     3,377        915    185.16    183.05
COLORADO                   637     2,403        932    184.36    186.37
WESTERN CORNBELT         5,417       828        930    177.33    185.40
 TOTAL 5-AREA            8,040     7,913        923    179.96    184.06
N.CENTRAL/E.MT           2,139     1,395        874    181.69    177.32
WESTERN STATES             644       490        940    182.65    182.46
EASTERN CORNBELT            33       117        698    196.86    191.75
NORTHEASTERN STATE         219       294        857    177.95    168.09

                              CONTRACT: Live Basis
                          Head       Week     Avg        Avg     Week
                          Count      Ago      Weight   Price     Ago
TX/OK/NM                 1,508     2,057      1,380    109.95    114.02
KANSAS                     114       357      1,345    136.68    123.67
NEBRASKA                 8,827     9,929      1,443    107.88    109.76
COLORADO
WESTERN CORNBELT         2,378     2,890      1,402    119.37    115.90
 TOTAL 5-AREA           12,749    15,233      1,428    110.46    111.83
N.CENTRAL/E.MT           2,166     1,489      1,422    115.74    116.68
WESTERN STATES
EASTERN CORNBELT           420       587      1,430    114.27    115.42
NORTHEASTERN STATE

                         NEGOTIATED GRID: Dressed Basis
                          Head       Week     Avg        Avg     Week
                          Count      Ago      Weight   Price     Ago
TX/OK/NM                   375     4,645        856    161.33    160.46
KANSAS                       3       307        696    148.00    155.14
NEBRASKA                   793     1,724        881    168.10    163.32
COLORADO                   198                  828    160.89
WESTERN CORNBELT         3,625     2,592        853    168.62    167.35
 TOTAL 5-AREA            4,738     9,188        856    167.76    162.72
N.CENTRAL/E.MT           2,045     1,809        892    167.76    166.77
WESTERN STATES
EASTERN CORNBELT         2,243     2,063        806    170.77    165.95
NORTHEASTERN STATE         683       514        773    168.17    165.51

                           NEGOTIATED GRID: Live Basis
                          Head       Week     Avg        Avg     Week
                          Count      Ago      Weight   Price     Ago
TX/OK/NM
KANSAS
NEBRASKA                   480       313      1,358    105.11    102.20
COLORADO
WESTERN CORNBELT
 TOTAL 5-AREA              480       313      1,358    105.11    102.20
N.CENTRAL/E.MT
WESTERN STATES
EASTERN CORNBELT
NORTHEASTERN STATE          55       118      1,401    103.36    102.67


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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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