LM_CT153
St. Joseph, MO   Mon May 13, 2019    USDA Market News

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

For Week Ending Sunday, 05/12/2019

                           A:   PACKER OWNED SLAUGHTER
Domestic:
       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG
       Count       Wt Range      Carcass    Dressing%     or Better        1,2,3
       7,655      704-1,048         810       64.2          78.0          92.8

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                 41,078
  Formula                         295,861
  Negotiated                      132,137
  Negotiated Grid                  18,189

Imported:
  Forward Contract                  2,671
  Formula                             470
  Negotiated                          484
  Negotiated Grid                     567

Total Slaughtered Head Count:     491,457

                  C:    FORWARD CONTRACT PURCHASED CATTLE WEEKLY

Total New signings last week:        Cumulative Total for listed months:
             29,520                              1,895,486

Delivery Mo./Basis Mo.   New Last  Cumulative Total   Basis Wtd   Basis Level
                           Week       For Month          Avg      Min     Max
May '19/Feb
May '19/Apr
May '19/Jun                 108       184,619          $0.00    $0.00    $0.00
May '19/Aug
May '19/Oct
May '19/Dec
Total May Deliveries        108       184,619         ($2.06) ($25.00)  $14.00
Last Yr May Deliveries                188,218

Jun '19/Feb
Jun '19/Apr
Jun '19/Jun                 473       247,238        ($10.81) ($18.00)   $1.00
Jun '19/Aug
Jun '19/Oct
Jun '19/Dec
Total Jun Deliveries        473       247,238         ($2.64) ($20.00)   $8.00
Last Yr Jun Deliveries                219,499

Jul '19/Feb
Jul '19/Apr
Jul '19/Jun
Jul '19/Aug               1,615       188,028         ($1.92) ($12.00)   $1.00
Jul '19/Oct
Jul '19/Dec
Total Jul Deliveries      1,615       188,028         ($2.39) ($20.00)   $7.00
Last Yr Jul Deliveries                130,135

Aug '19/Feb
Aug '19/Apr
Aug '19/Jun
Aug '19/Aug               1,444       223,448         ($3.63) ($14.00)   $0.00
Aug '19/Oct
Aug '19/Dec
Total Aug Deliveries      1,444       223,448         ($2.60) ($20.00)   $6.00
Last Yr Aug Deliveries                150,928

Sep '19/Feb
Sep '19/Apr
Sep '19/Jun
Sep '19/Aug
Sep '19/Oct               2,234       200,973         ($2.51) ($15.00)  ($1.75)
Sep '19/Dec
Total Sep Deliveries      2,234       200,973         ($3.65) ($21.00)   $4.00
Last Yr Sep Deliveries                186,997

Oct '19/Feb
Oct '19/Apr
Oct '19/Jun
Oct '19/Aug
Oct '19/Oct               2,013       181,744         ($2.20) ($15.00)  ($1.00)
Oct '19/Dec                                80
Total Oct Deliveries      2,013       181,824         ($4.40) ($22.00)   $4.00
Last Yr Oct Deliveries                170,762

Nov '19/Feb
Nov '19/Apr
Nov '19/Jun
Nov '19/Aug
Nov '19/Oct
Nov '19/Dec              10,703       178,172         ($1.68) ($20.00)   $0.00
Total Nov Deliveries     10,703       178,172         ($4.46) ($22.00)   $6.00
Last Yr Nov Deliveries                205,460

Dec '19/Feb
Dec '19/Apr
Dec '19/Jun
Dec '19/Aug
Dec '19/Oct
Dec '19/Dec                 171       128,316        ($12.00) ($12.00) ($12.00)
Total Dec Deliveries        171       128,316         ($6.77) ($20.00)   $6.00
Last Yr Dec Deliveries                163,535

Jan '20/Feb                 630        75,217        ($14.66) ($15.00) ($12.00)
Jan '20/Apr
Jan '20/Jun
Jan '20/Aug
Jan '20/Oct
Jan '20/Dec
Total Jan Deliveries        630        75,217         ($9.11) ($20.00)   $7.00
Last Yr Jan Deliveries                189,572

Feb '20/Feb                 171        76,853        ($14.39) ($15.00) ($12.00)
Feb '20/Apr
Feb '20/Jun
Feb '20/Aug
Feb '20/Oct
Feb '20/Dec
Total Feb Deliveries        171        76,853         ($9.50) ($20.00)   $7.00
Last Yr Feb Deliveries                168,447

Mar '20/Feb
Mar '20/Apr               1,930        69,789        ($14.18) ($20.00)  ($1.50)
Mar '20/Jun
Mar '20/Aug
Mar '20/Oct
Mar '20/Dec
Total Mar Deliveries      1,930        69,789        ($10.33) ($20.00)   $7.00
Last Yr Mar Deliveries                221,475

Apr '20/Feb
Apr '20/Apr               1,502        70,618        ($14.82) ($20.00) ($13.00)
Apr '20/Jun
Apr '20/Aug
Apr '20/Oct
Apr '20/Dec
Total Apr Deliveries      1,502        70,618        ($13.33) ($20.00)   $4.00
Last Yr Apr Deliveries                306,068

May '20/Feb
May '20/Apr
May '20/Jun               2,696        27,225        ($12.03) ($14.00) ($12.00)
May '20/Aug
May '20/Oct
May '20/Dec
Total May Deliveries      2,696        27,225        ($10.31) ($15.00)  ($3.35)
Last Yr May Deliveries                184,619

Jun '20/Feb
Jun '20/Apr
Jun '20/Jun               1,395        23,131        ($12.00) ($12.00) ($12.00)
Jun '20/Aug
Jun '20/Oct
Jun '20/Dec
Total Jun Deliveries      1,395        23,131         ($9.66) ($15.00)  ($3.35)
Last Yr Jun Deliveries                247,238

Jul '20/Feb
Jul '20/Apr
Jul '20/Jun
Jul '20/Aug               1,150        10,072        ($12.00) ($12.00) ($12.00)
Jul '20/Oct
Jul '20/Dec
Total Jul Deliveries      1,150        10,072         ($9.23) ($12.00)  ($3.35)
Last Yr Jul Deliveries                188,028

Aug '20/Feb
Aug '20/Apr
Aug '20/Jun
Aug '20/Aug               1,285         9,963        ($12.00) ($12.00) ($12.00)
Aug '20/Oct
Aug '20/Dec
Total Aug Deliveries      1,285         9,963         ($9.22) ($16.00)  ($3.35)
Last Yr Aug Deliveries                223,448


                        D:   BASIS DISTRIBUTION

Delivery Mo./Basis Mo.

May '19/Jun
        108 head =       0.00

Jun '19/Jun
      2,110 head =
        294 head =     -18.00
        179 head =      +1.00

Jul '19/Aug
        105 head =     -12.00
      1,120 head =      -1.75
         47 head =      -1.00
        169 head =       0.00
        174 head =      +1.00

Aug '19/Aug
         74 head =     -14.00
        210 head =     -12.00
        790 head =      -1.75
        179 head =      -1.50
         69 head =      -0.50
        122 head =       0.00

Sep '19/Oct
         35 head =     -15.00
        104 head =     -12.00
         67 head =      -3.00
        318 head =      -2.00
      1,710 head =      -1.75

Oct '19/Oct
         35 head =     -15.00
         69 head =     -12.00
         70 head =      -2.00
      1,460 head =      -1.75
        379 head =      -1.00

Nov '19/Dec
        140 head =     -20.00
        125 head =     -14.00
        275 head =     -12.00
         95 head =      -1.75
     10,000 head =      -1.00
         68 head =       0.00

Dec '19/Dec
        171 head =     -12.00

Jan '20/Feb
        487 head =     -15.00
        108 head =     -14.00
         35 head =     -12.00

Feb '20/Feb
        136 head =     -15.00
         35 head =     -12.00

Mar '20/Apr
        140 head =     -20.00
      1,240 head =     -15.00
        490 head =     -12.00
         60 head =      -1.50

Apr '20/Apr
         35 head =     -20.00
        624 head =     -16.00
         35 head =     -14.50
        563 head =     -14.00
        245 head =     -13.00



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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