LM_CT153
St. Joseph, MO   Mon Dec 30, 2019    USDA Market News

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

For Week Ending Sunday, 12/29/2019

                           A:   PACKER OWNED SLAUGHTER
Domestic:
       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG
       Count       Wt Range      Carcass    Dressing%     or Better        1,2,3
       9,878      602-1,012         881       63.2          82.7          85.5

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                 20,490
  Formula                         226,197
  Negotiated                       66,702
  Negotiated Grid                  10,786

Imported:
  Forward Contract                  1,396
  Formula                              37
  Negotiated                          113
  Negotiated Grid                     568

Total Slaughtered Head Count:     326,289

                  C:    FORWARD CONTRACT PURCHASED CATTLE WEEKLY

Total New signings last week:        Cumulative Total for listed months:
             13,152                              1,558,829

Delivery Mo./Basis Mo.   New Last  Cumulative Total   Basis Wtd   Basis Level
                           Week       For Month          Avg      Min     Max
Dec '19/Feb
Dec '19/Apr
Dec '19/Jun
Dec '19/Aug
Dec '19/Oct
Dec '19/Dec                           164,678
Total Dec Deliveries                  164,678         ($5.84) ($20.00)   $6.00
Last Yr Dec Deliveries                120,705

Jan '20/Feb                 300       193,063         ($1.00)  ($1.00)  ($1.00)
Jan '20/Apr
Jan '20/Jun
Jan '20/Aug
Jan '20/Oct
Jan '20/Dec
Total Jan Deliveries        300       193,063         ($4.29) ($25.00)   $7.00
Last Yr Jan Deliveries                170,182

Feb '20/Feb                 178       177,489         ($1.33)  ($1.50)  ($1.00)
Feb '20/Apr
Feb '20/Jun
Feb '20/Aug
Feb '20/Oct
Feb '20/Dec
Total Feb Deliveries        178       177,489         ($4.91) ($25.00)   $8.00
Last Yr Feb Deliveries                151,862

Mar '20/Feb
Mar '20/Apr                 626       187,706         ($2.41) ($20.00)   $1.00
Mar '20/Jun
Mar '20/Aug
Mar '20/Oct
Mar '20/Dec
Total Mar Deliveries        626       187,706         ($4.95) ($20.00)   $8.50
Last Yr Mar Deliveries                211,798

Apr '20/Feb
Apr '20/Apr               3,118       217,458         ($0.80) ($20.00)  ($0.50)
Apr '20/Jun
Apr '20/Aug
Apr '20/Oct
Apr '20/Dec
Total Apr Deliveries      3,118       217,458         ($5.12) ($25.00)   $8.50
Last Yr Apr Deliveries                297,787

May '20/Feb
May '20/Apr
May '20/Jun               2,061       127,595         ($0.09) ($14.00)   $5.00
May '20/Aug
May '20/Oct
May '20/Dec
Total May Deliveries      2,061       127,595         ($3.15) ($20.00)  $13.50
Last Yr May Deliveries                184,514

Jun '20/Feb
Jun '20/Apr
Jun '20/Jun               1,346       124,026         ($0.80) ($13.00)   $2.00
Jun '20/Aug
Jun '20/Oct
Jun '20/Dec
Total Jun Deliveries      1,346       124,026         ($4.39) ($20.00)   $9.00
Last Yr Jun Deliveries                254,182

Jul '20/Feb
Jul '20/Apr
Jul '20/Jun
Jul '20/Aug                 490        73,370         ($1.58) ($13.00)   $1.00
Jul '20/Oct
Jul '20/Dec
Total Jul Deliveries        490        73,370         ($5.26) ($19.00)   $7.00
Last Yr Jul Deliveries                192,076

Aug '20/Feb
Aug '20/Apr
Aug '20/Jun
Aug '20/Aug                 823        68,724         ($3.36) ($13.00)  ($0.50)
Aug '20/Oct
Aug '20/Dec
Total Aug Deliveries        823        68,724         ($5.69) ($20.00)   $6.00
Last Yr Aug Deliveries                225,992

Sep '20/Feb
Sep '20/Apr
Sep '20/Jun
Sep '20/Aug
Sep '20/Oct                 511        68,641         ($8.19) ($13.00)  ($1.00)
Sep '20/Dec
Total Sep Deliveries        511        68,641         ($5.94) ($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                 676        56,295         ($8.09) ($13.00)  ($1.00)
Oct '20/Dec
Total Oct Deliveries        676        56,295         ($6.69) ($20.00)   $3.00
Last Yr Oct Deliveries                213,638

Nov '20/Feb
Nov '20/Apr
Nov '20/Jun
Nov '20/Aug
Nov '20/Oct
Nov '20/Dec                 706        48,452         ($8.92) ($12.00)  ($1.00)
Total Nov Deliveries        706        48,452         ($6.64) ($15.00)   $3.00
Last Yr Nov Deliveries                210,194

Dec '20/Feb
Dec '20/Apr
Dec '20/Jun
Dec '20/Aug
Dec '20/Oct
Dec '20/Dec                 891        37,401         ($6.69) ($12.00)  ($1.00)
Total Dec Deliveries        891        37,401         ($8.24) ($17.00)   $3.00
Last Yr Dec Deliveries                164,678

Jan '21/Feb                 935         6,350        ($12.00) ($12.00) ($12.00)
Jan '21/Apr
Jan '21/Jun
Jan '21/Aug
Jan '21/Oct
Jan '21/Dec
Total Jan Deliveries        935         6,350         ($9.63) ($15.00)  ($1.00)
Last Yr Jan Deliveries                193,063

Feb '21/Feb                 491         6,031        ($12.00) ($12.00) ($12.00)
Feb '21/Apr
Feb '21/Jun
Feb '21/Aug
Feb '21/Oct
Feb '21/Dec
Total Feb Deliveries        491         6,031         ($8.60) ($15.00)  ($1.00)
Last Yr Feb Deliveries                177,489

Mar '21/Feb
Mar '21/Apr                             1,550
Mar '21/Jun
Mar '21/Aug
Mar '21/Oct
Mar '21/Dec
Total Mar Deliveries                    1,550         ($3.94) ($15.00)  ($1.00)
Last Yr Mar Deliveries                187,706


                        D:   BASIS DISTRIBUTION

Delivery Mo./Basis Mo.

Jan '20/Feb
        300 head =      -1.00

Feb '20/Feb
        116 head =      -1.50
         62 head =      -1.00

Mar '20/Apr
         40 head =     -20.00
        273 head =      -2.00
        120 head =      -1.00
        159 head =      -0.50
         34 head =      +1.00

Apr '20/Apr
         40 head =     -20.00
        163 head =      -1.50
      2,915 head =      -0.50

May '20/Jun
        375 head =     -14.00
         35 head =     -13.00
         35 head =     -10.00
         33 head =      +2.00
        120 head =      +2.50
        846 head =      +3.00
        117 head =      +4.00
        500 head =      +5.00

Jun '20/Jun
         68 head =     -13.00
         35 head =     -10.00
         35 head =      -3.00
        266 head =      -1.00
        337 head =      -0.50
         36 head =       0.00
        250 head =      +0.50
         72 head =      +1.00
        247 head =      +2.00

Jul '20/Aug
         35 head =     -13.00
         35 head =     -10.00
         35 head =      -3.00
         33 head =      -1.50
        168 head =       0.00
        184 head =      +1.00

Aug '20/Aug
        140 head =     -13.00
         35 head =     -10.00
         35 head =      -3.00
         45 head =      -2.00
        240 head =      -1.00
        328 head =      -0.50

Sep '20/Oct
        245 head =     -13.00
         70 head =     -10.00
        102 head =      -2.00
         94 head =      -1.00

Oct '20/Oct
        387 head =     -13.00
        107 head =      -2.00
         80 head =      -1.50
        102 head =      -1.00

Nov '20/Dec
        348 head =     -12.00
         70 head =     -10.00
        140 head =      -8.25
         80 head =      -2.50
         68 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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