LM_CT153
St. Joseph, MO   Mon Mar 30, 2020    USDA Market News

NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE - PRIOR WEEK SLAUGHTER AND CONTRACT
PURCHASES

For Week Ending Sunday, 03/29/2020

                           A:   PACKER OWNED SLAUGHTER
Domestic:
       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG
       Count       Wt Range      Carcass    Dressing%     or Better        1,2,3
      13,336      732-1,263         913       62.4          79.6          70.5

Imported:
       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG
       Count       Wt Range      Carcass    Dressing%     or Better        1,2,3
                     -

       B:   PRIOR WEEK SLAUGHTERED FORMULA AND FORWARD CONTRACT HEAD COUNT

Domestic:                      Head Count
  Forward Contract                 34,635
  Formula                         293,717
  Negotiated                      135,145
  Negotiated Grid                  12,309

Imported:
  Forward Contract                  5,952
  Formula                           1,069
  Negotiated                          310
  Negotiated Grid                     620

Total Slaughtered Head Count:     483,757

                  C:    FORWARD CONTRACT PURCHASED CATTLE WEEKLY

Total New signings last week:        Cumulative Total for listed months:
             17,104                              1,498,724

Delivery Mo./Basis Mo.   New Last  Cumulative Total   Basis Wtd   Basis Level
                           Week       For Month          Avg      Min     Max
Mar '20/Feb
Mar '20/Apr                           193,842
Mar '20/Jun
Mar '20/Aug
Mar '20/Oct
Mar '20/Dec
Total Mar Deliveries                  193,842         ($4.81) ($25.00)   $8.50
Last Yr Mar Deliveries                161,635

Apr '20/Feb
Apr '20/Apr                           235,994
Apr '20/Jun
Apr '20/Aug
Apr '20/Oct
Apr '20/Dec
Total Apr Deliveries                  235,994         ($4.77) ($25.00)   $8.50
Last Yr Apr Deliveries                253,196

May '20/Feb
May '20/Apr
May '20/Jun                  35       157,081        ($10.00) ($10.00) ($10.00)
May '20/Aug
May '20/Oct
May '20/Dec
Total May Deliveries         35       157,081         ($1.98) ($20.00)  $13.50
Last Yr May Deliveries                158,456

Jun '20/Feb
Jun '20/Apr
Jun '20/Jun                           158,575
Jun '20/Aug
Jun '20/Oct
Jun '20/Dec
Total Jun Deliveries                  158,575         ($3.65) ($20.00)   $9.00
Last Yr Jun Deliveries                229,778

Jul '20/Feb
Jul '20/Apr
Jul '20/Jun
Jul '20/Aug                 979       100,218         ($2.34) ($13.00)   $0.00
Jul '20/Oct
Jul '20/Dec
Total Jul Deliveries        979       100,218         ($4.35) ($19.00)   $7.00
Last Yr Jul Deliveries                190,536

Aug '20/Feb
Aug '20/Apr
Aug '20/Jun
Aug '20/Aug                 173        97,498         ($7.61) ($13.00)   $1.00
Aug '20/Oct
Aug '20/Dec
Total Aug Deliveries        173        97,498         ($4.58) ($20.00)   $6.00
Last Yr Aug Deliveries                225,428

Sep '20/Feb
Sep '20/Apr
Sep '20/Jun
Sep '20/Aug
Sep '20/Oct               3,111       117,782         ($0.08) ($13.00)   $1.00
Sep '20/Dec
Total Sep Deliveries      3,111       117,782         ($4.22) ($16.00)   $3.50
Last Yr Sep Deliveries                245,402

Oct '20/Feb
Oct '20/Apr
Oct '20/Jun
Oct '20/Aug
Oct '20/Oct               2,475       103,106         ($1.47) ($13.00)   $1.00
Oct '20/Dec
Total Oct Deliveries      2,475       103,178         ($4.91) ($20.00)   $3.50
Last Yr Oct Deliveries                213,638

Nov '20/Feb
Nov '20/Apr
Nov '20/Jun
Nov '20/Aug
Nov '20/Oct
Nov '20/Dec               2,146       105,105         ($0.92) ($14.00)   $1.00
Total Nov Deliveries      2,146       105,105         ($4.67) ($18.00)   $3.50
Last Yr Nov Deliveries                210,194

Dec '20/Feb
Dec '20/Apr
Dec '20/Jun
Dec '20/Aug
Dec '20/Oct
Dec '20/Dec                 650        77,362         ($7.37) ($13.00)  ($1.00)
Total Dec Deliveries        650        77,362         ($6.86) ($18.00)   $3.50
Last Yr Dec Deliveries                164,639

Jan '21/Feb                 868        48,797        ($11.03) ($18.00)  ($2.00)
Jan '21/Apr
Jan '21/Jun
Jan '21/Aug
Jan '21/Oct
Jan '21/Dec
Total Jan Deliveries        868        48,797         ($7.67) ($18.00)   $0.00
Last Yr Jan Deliveries                195,199

Feb '21/Feb               1,604        40,234        ($10.97) ($12.00)  ($1.00)
Feb '21/Apr
Feb '21/Jun
Feb '21/Aug
Feb '21/Oct
Feb '21/Dec
Total Feb Deliveries      1,604        40,234         ($8.48) ($15.00)   $0.00
Last Yr Feb Deliveries                178,885

Mar '21/Feb
Mar '21/Apr               2,640        31,285        ($11.04) ($12.00)  ($7.97)
Mar '21/Jun
Mar '21/Aug
Mar '21/Oct
Mar '21/Dec
Total Mar Deliveries      2,640        31,285         ($8.67) ($15.00)  ($1.00)
Last Yr Mar Deliveries                193,842

Apr '21/Feb
Apr '21/Apr               2,423        29,625        ($12.33) ($13.00)  ($7.97)
Apr '21/Jun
Apr '21/Aug
Apr '21/Oct
Apr '21/Dec
Total Apr Deliveries      2,423        29,625         ($9.92) ($15.00)  ($1.00)
Last Yr Apr Deliveries                235,994

May '21/Feb
May '21/Apr
May '21/Jun                             1,140
May '21/Aug
May '21/Oct
May '21/Dec
Total May Deliveries                    1,140         ($1.82)  ($8.08)  ($1.00)
Last Yr May Deliveries                157,081

Jun '21/Feb
Jun '21/Apr
Jun '21/Jun                             1,008
Jun '21/Aug
Jun '21/Oct
Jun '21/Dec
Total Jun Deliveries                    1,008         ($1.00)  ($1.00)  ($1.00)
Last Yr Jun Deliveries                158,575


                        D:   BASIS DISTRIBUTION

Delivery Mo./Basis Mo.

May '20/Jun
         35 head =     -10.00

Jul '20/Aug
        144 head =     -13.00
         35 head =     -12.00
        800 head =       0.00

Aug '20/Aug
        104 head =     -13.00
         34 head =       0.00
         35 head =      +1.00

Sep '20/Oct
         70 head =     -13.00
         35 head =     -12.00
        238 head =      -2.00
      1,225 head =       0.00
      1,543 head =      +1.00

Oct '20/Oct
        316 head =     -13.00
         35 head =     -12.00
        105 head =      -1.50
        454 head =      -1.00
         65 head =       0.00
      1,500 head =      +1.00

Nov '20/Dec
         71 head =     -14.00
        104 head =     -13.00
         70 head =     -10.00
        130 head =      -2.00
        176 head =      -1.00
         95 head =       0.00
      1,500 head =      +1.00

Dec '20/Dec
        173 head =     -13.00
         35 head =     -12.00
         70 head =     -10.00
        154 head =      -7.82
        218 head =      -1.00

Jan '21/Feb
        100 head =     -18.00
        624 head =     -12.00
        144 head =      -2.00

Feb '21/Feb
      1,425 head =     -12.00
         35 head =     -10.00
        144 head =      -1.00



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
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