Markets

Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Import

LM_CT152

St. Joseph, MO   Mon, Dec 15, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Price During The Week Ending Sunday, 12/14/2014



                              IMPORTED CATTLE ONLY



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

Formula Net:              1,073       0   1,073         1,394          1,966

Negotiated Grid Net:         69       0      69           527

Forward Contract Net:     3,416       0   3,416         3,883          5,077

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

                          FORMULA NET:  Dressed Basis



                   Head    Wtd Avg     Weight     Avg        Price           Avg

                  Count  Dress Pct     Range       Wt        Range         Price

STEER

Over 80% Choice      175    62.0    825-994       861    266.35-270.00    269.21

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     175    62.0    825-994       861    266.35-270.00    269.21

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice      127    63.3    824-824       824    267.37-267.37    267.37

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     127    63.3    824-824       824    267.37-267.37    267.37

ALL STEERS & HEIFERS

                     302    62.6    824-994       846    266.35-270.00    268.43

MIXED STEER/HEIFER/COW

Over 80% Choice      255    63.0    818-895       858    266.88-268.50    267.67

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     255    63.0    818-895       858    266.88-268.50    267.67

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice       86    58.8    786-803       795    260.47-261.22    260.85

35 - 65% Choice      430    59.7    788-794       791    259.22-260.22    259.72

 0 - 35% Choice                        -                       -

Total all grades     516    59.5    786-803       792    259.22-261.22    259.91

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

                            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       35    64.6    890-890       890    253.30-253.30    253.30

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      35    64.6    890-890       890    253.30-253.30    253.30

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

 No Reportable Trade.

ALL STEERS & HEIFERS

                      35    64.6    890-890       890    253.30-253.30    253.30

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice       34    59.1    824-824       824    252.13-252.13    252.13

65 - 80% Choice                        -                       -

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades      34    59.1    824-824       824    252.13-252.13    252.13

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

                        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      757    62.5    821-981       916    221.67-264.61    241.34

65 - 80% Choice      782    63.7    851-985       925    215.08-268.55    244.48

35 - 65% Choice      557    62.9    805-846       829    234.93-256.82    237.39

 0 - 35% Choice                        -                       -

Total all grades   2,096    63.1    805-985       896    215.08-268.55    241.46

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice      252    64.6    837-837       837    265.37-265.37    265.37

35 - 65% Choice      546    63.5    827-859       842    265.37-265.37    265.37

 0 - 35% Choice                        -                       -

Total all grades     798    63.9    827-859       840    265.37-265.37    265.37

ALL STEERS & HEIFERS

                   2,894    63.3    805-985       881    215.08-268.55    248.06

MIXED STEER/HEIFER/COW

Over 80% Choice      232    61.9    817-817       817    225.23-225.23    225.23

65 - 80% Choice       90    63.1    841-841       841    215.36-215.36    215.36

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     322    62.2    817-841       824    215.36-225.23    222.47

DAIRYBRED STEER/HEIFER

Over 80% Choice                        -                       -

65 - 80% Choice      200    58.7    886-886       886    240.72-240.72    240.72

35 - 65% Choice                        -                       -

 0 - 35% Choice                        -                       -

Total all grades     200    58.7    886-886       886    240.72-240.72    240.72

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

                       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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