LM_CT153
St. Joseph, MO   Mon Jul 29, 2019    USDA Market News

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

For Week Ending Sunday, 07/28/2019

                           A:   PACKER OWNED SLAUGHTER
Domestic:
       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG
       Count       Wt Range      Carcass    Dressing%     or Better        1,2,3
       9,849      714-1,081         900       64.2          84.8          82.6

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                 45,945
  Formula                         309,571
  Negotiated                       97,666
  Negotiated Grid                  16,130

Imported:
  Forward Contract                  3,374
  Formula                             115
  Negotiated                          483
  Negotiated Grid                     178

Total Slaughtered Head Count:     473,462

                  C:    FORWARD CONTRACT PURCHASED CATTLE WEEKLY

Total New signings last week:        Cumulative Total for listed months:
             30,902                              1,701,120

Delivery Mo./Basis Mo.   New Last  Cumulative Total   Basis Wtd   Basis Level
                           Week       For Month          Avg      Min     Max
Jul '19/Feb
Jul '19/Apr
Jul '19/Jun
Jul '19/Aug                 184       192,216          $0.00    $0.00    $0.00
Jul '19/Oct
Jul '19/Dec
Total Jul Deliveries        184       192,216         ($2.40) ($20.00)   $7.00
Last Yr Jul Deliveries                122,723

Aug '19/Feb
Aug '19/Apr
Aug '19/Jun
Aug '19/Aug                           226,132
Aug '19/Oct
Aug '19/Dec
Total Aug Deliveries                  226,132         ($2.68) ($20.00)   $6.00
Last Yr Aug Deliveries                142,842

Sep '19/Feb
Sep '19/Apr
Sep '19/Jun
Sep '19/Aug
Sep '19/Oct                 694       242,177        ($12.00) ($12.00) ($12.00)
Sep '19/Dec
Total Sep Deliveries        694       242,177         ($3.17) ($21.00)   $4.00
Last Yr Sep Deliveries                183,724

Oct '19/Feb
Oct '19/Apr
Oct '19/Jun
Oct '19/Aug
Oct '19/Oct               1,290       188,212         ($7.41) ($20.00)   $5.00
Oct '19/Dec                                80
Total Oct Deliveries      1,290       188,292         ($4.43) ($22.00)   $5.00
Last Yr Oct Deliveries                167,445

Nov '19/Feb
Nov '19/Apr
Nov '19/Jun
Nov '19/Aug
Nov '19/Oct
Nov '19/Dec               4,589       204,438         ($2.57) ($12.00)  ($0.50)
Total Nov Deliveries      4,589       204,438         ($4.22) ($22.00)   $6.00
Last Yr Nov Deliveries                202,958

Dec '19/Feb
Dec '19/Apr
Dec '19/Jun
Dec '19/Aug
Dec '19/Oct
Dec '19/Dec               2,743       140,443         ($2.65) ($12.00)  ($0.50)
Total Dec Deliveries      2,743       140,443         ($6.50) ($20.00)   $6.00
Last Yr Dec Deliveries                161,909

Jan '20/Feb               3,866        94,415         ($1.74) ($20.00)   $3.50
Jan '20/Apr
Jan '20/Jun
Jan '20/Aug
Jan '20/Oct
Jan '20/Dec
Total Jan Deliveries      3,866        94,415         ($8.00) ($20.00)   $7.00
Last Yr Jan Deliveries                189,572

Feb '20/Feb               3,143        93,281          $0.31  ($15.00)   $3.00
Feb '20/Apr
Feb '20/Jun
Feb '20/Aug
Feb '20/Oct
Feb '20/Dec
Total Feb Deliveries      3,143        93,281         ($8.45) ($20.00)   $7.00
Last Yr Feb Deliveries                168,447

Mar '20/Feb
Mar '20/Apr               1,764        88,351         ($2.26) ($15.00)   $3.00
Mar '20/Jun
Mar '20/Aug
Mar '20/Oct
Mar '20/Dec
Total Mar Deliveries      1,764        88,351         ($9.33) ($20.00)   $7.00
Last Yr Mar Deliveries                221,475

Apr '20/Feb
Apr '20/Apr                 559        88,370         ($6.33) ($16.00)   $2.00
Apr '20/Jun
Apr '20/Aug
Apr '20/Oct
Apr '20/Dec
Total Apr Deliveries        559        88,370        ($11.87) ($20.00)   $5.00
Last Yr Apr Deliveries                306,278

May '20/Feb
May '20/Apr
May '20/Jun                 418        47,094        ($11.83) ($12.00) ($10.00)
May '20/Aug
May '20/Oct
May '20/Dec
Total May Deliveries        418        47,094        ($10.57) ($20.00)   $5.00
Last Yr May Deliveries                184,654

Jun '20/Feb
Jun '20/Apr
Jun '20/Jun               2,015        41,916        ($12.12) ($14.00) ($10.00)
Jun '20/Aug
Jun '20/Oct
Jun '20/Dec
Total Jun Deliveries      2,015        41,916        ($10.40) ($15.00)  ($3.35)
Last Yr Jun Deliveries                254,322

Jul '20/Feb
Jul '20/Apr
Jul '20/Jun
Jul '20/Aug               2,463        22,594         ($9.82) ($12.00)  ($3.35)
Jul '20/Oct
Jul '20/Dec
Total Jul Deliveries      2,463        22,594         ($9.37) ($12.00)  ($3.35)
Last Yr Jul Deliveries                192,216

Aug '20/Feb
Aug '20/Apr
Aug '20/Jun
Aug '20/Aug               1,531        17,233        ($10.58) ($12.00)  ($3.35)
Aug '20/Oct
Aug '20/Dec
Total Aug Deliveries      1,531        17,233         ($9.61) ($16.00)  ($3.35)
Last Yr Aug Deliveries                226,132

Sep '20/Feb
Sep '20/Apr
Sep '20/Jun
Sep '20/Aug
Sep '20/Oct               2,771         8,366        ($12.00) ($12.00) ($12.00)
Sep '20/Dec
Total Sep Deliveries      2,771         8,366         ($8.21) ($16.00)  ($3.35)
Last Yr Sep Deliveries                242,177

Oct '20/Feb
Oct '20/Apr
Oct '20/Jun
Oct '20/Aug
Oct '20/Oct               2,872         5,802        ($12.00) ($12.00) ($12.00)
Oct '20/Dec
Total Oct Deliveries      2,872         5,802        ($11.03) ($15.00)  ($3.35)
Last Yr Oct Deliveries                188,292


                        D:   BASIS DISTRIBUTION

Delivery Mo./Basis Mo.

Jul '19/Aug
        184 head =       0.00

Sep '19/Oct
        694 head =     -12.00

Oct '19/Oct
        204 head =     -20.00
        610 head =     -12.00
         40 head =      -4.00
         36 head =       0.00
        400 head =      +5.00

Nov '19/Dec
        623 head =     -12.00
        160 head =      -4.00
      3,576 head =      -1.00
        230 head =      -0.50

Dec '19/Dec
        413 head =     -12.00
      2,295 head =      -1.00
         35 head =      -0.50

Jan '20/Feb
         32 head =     -20.00
        427 head =     -15.00
        126 head =     -12.00
      1,637 head =      -1.00
        534 head =       0.00
         70 head =      +1.00
        480 head =      +3.00
        560 head =      +3.50

Feb '20/Feb
        105 head =     -15.00
      1,129 head =      -0.50
        835 head =       0.00
         74 head =      +1.50
      1,000 head =      +3.00

Mar '20/Apr
        105 head =     -15.00
        317 head =     -12.00
         82 head =      -4.00
         86 head =      -0.50
        500 head =       0.00
        174 head =      +1.50
        500 head =      +3.00

Apr '20/Apr
         35 head =     -16.00
        175 head =     -13.00
        164 head =      -4.00
        112 head =      -1.00
         40 head =       0.00
         33 head =      +2.00

May '20/Jun
        383 head =     -12.00
         35 head =     -10.00

Jun '20/Jun
        160 head =     -14.00
      1,820 head =     -12.00
         35 head =     -10.00



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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