Weekly Direct Slaughter Cattle - Formulated and Forward Contract - Domestic

LM_CT151

St Joseph, MO     Mon, Dec 8, 2014    USDA Market News Service



NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT

For Cattle Priced During The Week Ending Sunday, 12/07/2014



                               DOMESTIC CATTLE ONLY



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

Formula Net:            159,769  26,219  185,988       164,805        238,440

Negotiated Grid Net:     11,674     664   12,338         9,865         23,772

Forward Contract Net:    61,130  21,238   82,368        82,128         45,398



                           FORMULA NET:  Dressed Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice   16,675     63.5     664-1,091     961   260.92-302.58   272.47

65 - 80% Choice   18,771     64.5     561-1,045     899   260.40-294.69   271.32

35 - 65% Choice   30,159     64.4     709-1,000     883   255.59-278.68   269.45

 0 - 35% Choice   14,063     63.5     698-1,038     924   261.38-291.23   269.04

Total all grades  79,668     64.1     561-1,091     911   255.59-302.58   270.45

HEIFER

Over 80% Choice   10,869     64.1     665-979       841   262.00-307.65   279.64

65 - 80% Choice   11,684     64.0     647-954       811   264.00-282.41   273.00

35 - 65% Choice   13,250     64.5     640-936       790   258.20-276.48   272.00

 0 - 35% Choice    6,596     64.2     714-932       851   262.19-275.72   268.91

Total all grades  42,399     64.2     640-979       818   258.20-307.65   273.75

MIXED STEER/HEIFER

Over 80% Choice    4,532     62.8     629-991       839   259.10-296.82   275.48

65 - 80% Choice    2,018     63.1     658-969       856   259.14-276.88   270.11

35 - 65% Choice    3,141     63.1     688-982       811   257.85-275.63   267.49

 0 - 35% Choice    3,445     62.0     616-935       802   258.95-290.06   271.50

Total all grades  13,136     62.7     616-991       825   257.85-296.82   271.70

ALL STEERS & HEIFERS

Total all grades 135,203     64.0     561-1,091     873   255.59-307.65   271.61

MIXED STEER/HEIFER/COW

Over 80% Choice    1,585     63.4     695-906       824   257.11-278.16   272.16

65 - 80% Choice    4,212     63.9     681-1,079     830   254.06-278.08   269.22

35 - 65% Choice    3,112     62.9     697-1,066     823   237.47-272.87   263.14

 0 - 35% Choice    1,386     60.8     786-1,139   1,016   237.00-267.40   249.80

Total all grades  10,295     63.1     681-1,139     852   237.00-278.16   265.22

DAIRYBRED STEER/HEIFER

Over 80% Choice    3,310     61.7     700-970       850   259.09-277.71   268.05

65 - 80% Choice    3,294     61.0     658-909       851   256.50-271.77   267.97

35 - 65% Choice    4,993     61.2     684-906       843   259.72-270.98   265.39

 0 - 35% Choice    2,674     61.0     796-923       838   247.72-268.47   265.13

Total all grades  14,271     61.2     658-970       845   247.72-277.71   266.55



                            FORMULA NET:  Live Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice    3,629     63.3   1,162-1,695   1,515   168.50-197.30   179.08

65 - 80% Choice    2,114     63.3   1,149-1,657   1,464   172.50-175.00   174.19

35 - 65% Choice    9,304     63.5   1,095-1,602   1,337   168.52-175.00   172.16

 0 - 35% Choice      404     63.2   1,257-1,531   1,362   173.00-174.50   173.81

Total all grades  15,451     63.4   1,095-1,695   1,397   168.50-197.30   174.11

HEIFER

Over 80% Choice      725     63.2   1,191-1,508   1,349   169.00-194.68   176.10

65 - 80% Choice    1,730     64.0   1,125-1,453   1,258   170.00-176.00   173.52

35 - 65% Choice    3,720     63.8   1,052-1,378   1,246   170.15-176.00   173.74

 0 - 35% Choice      161     63.1   1,252-1,252   1,252   175.00-175.00   175.00

Total all grades   6,336     63.8   1,052-1,508   1,261   169.00-194.68   173.98

MIXED STEER/HEIFER

Over 80% Choice      827     62.0   1,245-1,450   1,348   170.54-192.94   178.68

65 - 80% Choice       39     61.3   1,322-1,322   1,322   174.50-174.50   174.50

35 - 65% Choice      994     63.0   1,057-1,445   1,202   170.17-174.50   171.87

 0 - 35% Choice                          -                      -

Total all grades   1,860     62.6   1,057-1,450   1,269   170.17-192.94   174.95

ALL STEERS & HEIFERS

Total all grades  23,647     63.5   1,052-1,695   1,351   168.50-197.30   174.14

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice      658     60.8   1,282-1,498   1,428   161.11-165.25   163.41

65 - 80% Choice      119     60.7   1,391-1,471   1,451   155.23-164.69   159.04

35 - 65% Choice    1,535     61.2   1,280-1,463   1,380   160.00-165.09   163.77

 0 - 35% Choice      260     62.3   1,307-1,321   1,317   172.69-172.69   172.69

Total all grades   2,572     61.2   1,280-1,498   1,389   155.23-172.69   164.36



                       NEGOTIATED GRID NET:  Dressed Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice      870     62.7     601-1,053     902   252.79-282.77   269.16

65 - 80% Choice      204     62.7     683-956       803   256.35-267.00   262.80

35 - 65% Choice      462     63.5     732-951       851   260.00-266.78   261.40

 0 - 35% Choice      889     63.1     820-926       902   260.71-268.00   267.08

Total all grades   2,425     63.0     601-1,053     884   252.79-282.77   266.38

HEIFER

Over 80% Choice      726     62.5     675-875       808   261.68-283.41   276.20

65 - 80% Choice      126     60.9     778-833       803   257.09-276.44   267.43

35 - 65% Choice      568     64.4     714-802       746   263.56-273.61   268.89

 0 - 35% Choice    1,617     63.5     795-1,003     861   265.00-268.00   267.20

Total all grades   3,037     63.3     675-1,003     824   257.09-283.41   269.68

MIXED STEER/HEIFER

Over 80% Choice    1,035     62.4     703-915       825   260.18-282.33   271.91

65 - 80% Choice      276     61.4     686-871       789   245.99-271.47   260.12

35 - 65% Choice      247     61.9     647-1,021     862   245.54-269.22   254.68

 0 - 35% Choice      687     62.6     650-969       831   250.66-268.00   262.74

Total all grades   2,245     62.3     647-1,021     826   245.54-282.33   265.76

ALL STEERS & HEIFERS

Total all grades   7,707     62.9     601-1,053     844   245.54-283.41   267.50

MIXED STEER/HEIFER/COW

Over 80% Choice      747     63.1     750-948       880   258.03-269.66   264.74

65 - 80% Choice      135     61.1     772-901       826   258.54-267.43   264.85

35 - 65% Choice      293     60.5     792-887       843   245.00-262.53   258.46

 0 - 35% Choice      959     58.4     787-1,011     934   245.38-252.03   248.84

Total all grades   2,134     60.5     750-1,011     896   245.00-269.66   256.74

DAIRYBRED STEER/HEIFER

Over 80% Choice    1,391     59.4     754-977       846   247.13-266.18   256.41

65 - 80% Choice      223     59.1     737-838       805   243.97-263.94   252.14

35 - 65% Choice      206     60.9     793-893       832   243.02-258.17   254.34

 0 - 35% Choice       13     59.2     762-762       762   256.29-256.29   256.29

Total all grades   1,833     59.5     737-977       838   243.02-266.18   255.66



                        NEGOTIATED GRID NET:  Live Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice       42     62.2   1,409-1,409   1,409   165.00-165.00   165.00

65 - 80% Choice                          -                      -

35 - 65% Choice      111     62.5   1,220-1,397   1,335   167.16-168.60   168.09

 0 - 35% Choice                          -                      -

Total all grades     153     62.5   1,220-1,409   1,355   165.00-168.60   167.24

HEIFER

 No Reportable Trade.

MIXED STEER/HEIFER

Over 80% Choice      135     62.4   1,266-1,318   1,283   164.58-165.00   164.72

65 - 80% Choice       80     62.5   1,030-1,030   1,030   173.00-173.00   173.00

35 - 65% Choice       87     62.8   1,162-1,162   1,162   169.52-169.52   169.52

 0 - 35% Choice       39     61.2   1,305-1,305   1,305   163.91-163.91   163.91

Total all grades     341     62.4   1,030-1,318   1,195   163.91-173.00   167.79

ALL STEERS & HEIFERS

Total all grades     494     62.4   1,030-1,409   1,245   163.91-173.00   167.62

MIXED STEER/HEIFER/COW

 No Reportable Trade.

DAIRYBRED STEER/HEIFER

Over 80% Choice                          -                      -

65 - 80% Choice                          -                      -

35 - 65% Choice      170     61.3   1,305-1,305   1,305   162.50-162.50   162.50

 0 - 35% Choice                          -                      -

Total all grades     170     61.3   1,305-1,305   1,305   162.50-162.50   162.50



                      FORWARD CONTRACT NET:  Dressed Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice    8,341     61.8     685-1,042     885   198.61-277.65   239.05

65 - 80% Choice   11,216     63.4     725-1,009     939   199.01-280.31   251.43

35 - 65% Choice   10,763     63.7     662-1,021     893   194.61-280.57   261.82

 0 - 35% Choice    3,622     62.9     761-1,022     977   233.99-260.71   250.59

Total all grades  33,942     63.1     662-1,042     915   194.61-280.57   251.59

HEIFER

Over 80% Choice    5,832     63.9     749-974       870   207.95-277.12   253.43

65 - 80% Choice    4,260     63.6     726-917       832   211.07-275.61   254.11

35 - 65% Choice    5,605     63.8     671-922       804   213.39-279.72   260.35

 0 - 35% Choice    1,342     63.4     660-893       788   224.44-262.55   240.95

Total all grades  17,039     63.7     660-974       832   207.95-279.72   254.89

MIXED STEER/HEIFER

Over 80% Choice      203     62.7     783-864       800   228.94-256.55   236.15

65 - 80% Choice       36     64.4     833-833       833   224.77-224.77   224.77

35 - 65% Choice       36     63.2     819-819       819   252.31-252.31   252.31

 0 - 35% Choice      229     62.9     839-961       887   204.93-267.59   243.42

Total all grades     504     62.9     783-961       843   204.93-267.59   239.79

ALL STEERS & HEIFERS

Total all grades  51,485     63.3     660-1,042     887   194.61-280.57   252.57

MIXED STEER/HEIFER/COW

Over 80% Choice       72     64.0     871-900       883   257.69-263.12   260.93

65 - 80% Choice      291     62.6     720-973       820   217.88-238.10   227.36

35 - 65% Choice      112     63.2     800-851       836   244.71-257.53   248.60

 0 - 35% Choice                          -                      -

Total all grades     475     63.0     720-973       833   217.88-263.12   237.46

DAIRYBRED STEER/HEIFER

Over 80% Choice    5,387     61.8     724-937       802   199.36-269.89   223.61

65 - 80% Choice    1,220     60.7     748-902       818   195.75-260.48   219.22

35 - 65% Choice    1,541     61.4     711-905       818   192.28-261.14   223.16

 0 - 35% Choice    1,022     60.5     803-892       836   209.06-266.82   232.19

Total all grades   9,170     61.5     711-937       810   192.28-269.89   223.91



                        FORWARD CONTRACT NET:  Live Basis



                  Head    Wtd Avg       Weight     Avg       Price       Avg Net

                  Count  Dress Pct      Range       Wt       Range        Price

STEER

Over 80% Choice    3,069     63.6   1,200-1,718   1,467   152.93-195.65   168.51

65 - 80% Choice    1,489     63.9   1,175-1,475   1,425   154.50-172.97   166.62

35 - 65% Choice    7,040     63.8   1,150-1,550   1,438   143.12-172.97   166.01

 0 - 35% Choice      440     64.7   1,400-1,450   1,407   155.60-169.00   157.43

Total all grades  12,038     63.8   1,150-1,718   1,442   143.12-195.65   166.40

HEIFER

Over 80% Choice    1,352     63.4   1,054-1,434   1,307   136.12-177.25   154.78

65 - 80% Choice    1,998     64.0   1,150-1,383   1,303   136.46-172.97   154.24

35 - 65% Choice    2,889     63.5   1,036-1,370   1,269   154.50-172.97   166.71

 0 - 35% Choice                          -                      -

Total all grades   6,239     63.7   1,036-1,434   1,288   136.12-177.25   160.13

MIXED STEER/HEIFER

Over 80% Choice      585     64.6   1,216-1,516   1,391   145.30-183.14   170.89

65 - 80% Choice                          -                      -

35 - 65% Choice      162     64.0   1,123-1,161   1,142   156.00-163.26   159.59

 0 - 35% Choice       28     64.5   1,379-1,379   1,379   138.07-138.07   138.07

Total all grades     775     64.5   1,123-1,516   1,339   138.07-183.14   167.34

ALL STEERS & HEIFERS

Total all grades  19,052     63.8   1,036-1,718   1,388   136.12-195.65   164.39

MIXED STEER/HEIFER/COW

Over 80% Choice      806     63.9   1,256-1,395   1,344   136.46-167.22   149.28

65 - 80% Choice      678     63.7   1,293-1,398   1,357   135.20-159.00   147.19

35 - 65% Choice      219     64.8   1,341-1,341   1,341   132.96-132.96   132.96

 0 - 35% Choice                          -                      -

Total all grades   1,703     63.9   1,256-1,398   1,349   132.96-167.22   146.35

DAIRYBRED STEER/HEIFER

Over 80% Choice      263     61.8   1,371-1,389   1,377   124.47-129.75   127.86

65 - 80% Choice      160     61.0   1,292-1,292   1,292   148.90-148.90   148.90

35 - 65% Choice       60     60.8   1,351-1,351   1,351   131.65-131.65   131.65

 0 - 35% Choice                          -                      -

Total all grades     483     61.4   1,292-1,389   1,346   124.47-148.90   135.30



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



REGIONAL SECTION:

                      ALL STEERS AND HEIFERS (BEEF BREEDS)

                             FORMULA: Dressed Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                44,226    38,207        836    270.95    269.89

KANSAS                  25,363    23,493        859    274.10    272.45

NEBRASKA                27,664    24,061        914    269.57    267.47

COLORADO                 9,875     9,326        898    273.21    272.58

WESTERN CORNBELT        11,801     9,643        959    268.92    267.59

 TOTAL 5-AREA          118,268   104,460        877    271.27    269.94

N.CENTRAL/E.MT           3,792     2,857        897    277.40    276.32

WESTERN STATES          12,195     8,514        836    273.03    271.56

EASTERN CORNBELT           287       531        851    268.39    268.81

NORTHEASTERN STATE                    38                         275.52



                               FORMULA: Live Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                 9,650     7,555      1,271    173.13    174.45

KANSAS                   9,333     9,674      1,354    174.32    173.70

NEBRASKA                 3,612     5,186      1,527    175.00    173.39

COLORADO                   327     1,078      1,462    172.65    173.16

WESTERN CORNBELT           418       360      1,467    177.72    176.55

 TOTAL 5-AREA           23,340    23,853      1,350    173.97    173.89

N.CENTRAL/E.MT             307       448      1,420    187.15    188.27

WESTERN STATES

EASTERN CORNBELT

NORTHEASTERN STATE



                             CONTRACT: Dressed Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                 7,197    10,563        831    259.55    254.40

KANSAS                   9,311     6,669        863    263.00    257.17

NEBRASKA                17,040    15,531        923    257.49    251.62

COLORADO                 6,493     3,660        914    246.53    253.58

WESTERN CORNBELT         5,844     8,562        906    242.28    243.45

 TOTAL 5-AREA           45,885    44,945        893    255.44    251.74

N.CENTRAL/E.MT           1,719     1,941        886    239.46    235.16

WESTERN STATES              11       276        864    256.55    227.81

EASTERN CORNBELT         2,062     1,909        812    222.28    225.92

NORTHEASTERN STATE       1,808     1,541        836    226.65    223.28



                              CONTRACT: Live Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                 2,971     4,037      1,369    165.19    164.13

KANSAS                  10,361    12,164      1,378    166.23    163.72

NEBRASKA                 2,466     1,773      1,383    162.02    165.65

COLORADO

WESTERN CORNBELT         2,082     2,545      1,449    160.54    152.88

 TOTAL 5-AREA           17,880    20,353      1,385    164.81    162.73

N.CENTRAL/E.MT             598       971      1,450    162.41    140.42

WESTERN STATES              82                1,123    156.00

EASTERN CORNBELT           492       307      1,434    152.72    155.53

NORTHEASTERN STATE



                         NEGOTIATED GRID: Dressed Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                   506       259        743    263.78    266.91

KANSAS                     385                  743    264.30

NEBRASKA                 3,694     2,490        882    269.09    265.88

COLORADO                    69                  866    250.66

WESTERN CORNBELT           710     1,071        840    268.93    266.24

 TOTAL 5-AREA            5,305     3,728        853    267.98    266.05

N.CENTRAL/E.MT             989     1,376        875    269.14    267.11

WESTERN STATES

EASTERN CORNBELT           719     1,094        803    266.44    266.75

NORTHEASTERN STATE         433       317        746    259.46    260.08



                           NEGOTIATED GRID: Live Basis

                          Head       Week     Avg   Avg     Week

                          Count      Ago      Weight   Price  Ago

TX/OK/NM                   317        40      1,207    169.21    154.07

KANSAS                               341                         169.09

NEBRASKA                              80                         167.57

COLORADO

WESTERN CORNBELT

 TOTAL 5-AREA              317       461      1,207    169.21    167.52

N.CENTRAL/E.MT             177       178      1,313    164.78    163.22

WESTERN STATES

EASTERN CORNBELT                      45                         168.00

NORTHEASTERN STATE





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

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.

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





Source:    USDA Market News Service, St. Joseph, MO

            816-676-7000    email:  stjoe.lpgmn@usda.gov

           www.ams.usda.gov/LSMarketNews



1130C













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