LM_CT153
St. Joseph, MO   Mon Mar 23, 2020    USDA Market News

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

For Week Ending Sunday, 03/22/2020

                           A:   PACKER OWNED SLAUGHTER
Domestic:
       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG
       Count       Wt Range      Carcass    Dressing%     or Better        1,2,3
       9,443      717-1,002         890       64.0          90.2          80.6

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                 36,304
  Formula                         288,587
  Negotiated                      122,511
  Negotiated Grid                  14,128

Imported:
  Forward Contract                  5,772
  Formula                             549
  Negotiated                          209
  Negotiated Grid                       0

Total Slaughtered Head Count:     468,060

                  C:    FORWARD CONTRACT PURCHASED CATTLE WEEKLY

Total New signings last week:        Cumulative Total for listed months:
             12,358                              1,481,620

Delivery Mo./Basis Mo.   New Last  Cumulative Total   Basis Wtd   Basis Level
                           Week       For Month          Avg      Min     Max
Mar '20/Feb
Mar '20/Apr                 205       193,842          $0.00    $0.00    $0.00
Mar '20/Jun
Mar '20/Aug
Mar '20/Oct
Mar '20/Dec
Total Mar Deliveries        205       193,842         ($4.81) ($25.00)   $8.50
Last Yr Mar Deliveries                162,097

Apr '20/Feb
Apr '20/Apr                 164       235,994          $0.00    $0.00    $0.00
Apr '20/Jun
Apr '20/Aug
Apr '20/Oct
Apr '20/Dec
Total Apr Deliveries        164       235,994         ($4.77) ($25.00)   $8.50
Last Yr Apr Deliveries                253,597

May '20/Feb
May '20/Apr
May '20/Jun                  40       157,046          $3.00    $3.00    $3.00
May '20/Aug
May '20/Oct
May '20/Dec
Total May Deliveries         40       157,046         ($1.98) ($20.00)  $13.50
Last Yr May Deliveries                161,026

Jun '20/Feb
Jun '20/Apr
Jun '20/Jun                 387       158,575         ($9.16) ($15.00)   $3.00
Jun '20/Aug
Jun '20/Oct
Jun '20/Dec
Total Jun Deliveries        387       158,575         ($3.65) ($20.00)   $9.00
Last Yr Jun Deliveries                231,361

Jul '20/Feb
Jul '20/Apr
Jul '20/Jun
Jul '20/Aug                 105        99,239        ($13.00) ($13.00) ($13.00)
Jul '20/Oct
Jul '20/Dec
Total Jul Deliveries        105        99,239         ($4.37) ($19.00)   $7.00
Last Yr Jul Deliveries                190,536

Aug '20/Feb
Aug '20/Apr
Aug '20/Jun
Aug '20/Aug                 965        97,325        ($12.90) ($15.00)  ($1.00)
Aug '20/Oct
Aug '20/Dec
Total Aug Deliveries        965        97,325         ($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                 584       114,671         ($7.15) ($13.00)  ($1.00)
Sep '20/Dec
Total Sep Deliveries        584       114,671         ($4.33) ($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                 278       100,631        ($10.06) ($13.00)  ($1.00)
Oct '20/Dec
Total Oct Deliveries        278       100,703         ($4.99) ($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               2,413       103,959          $0.82  ($14.00)   $3.00
Total Nov Deliveries      2,413       103,959         ($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               1,132        75,712        ($12.61) ($13.00)  ($0.50)
Total Dec Deliveries      1,132        75,712         ($6.98) ($18.00)   $3.50
Last Yr Dec Deliveries                164,639

Jan '21/Feb               1,426        47,929        ($12.00) ($12.00) ($12.00)
Jan '21/Apr
Jan '21/Jun
Jan '21/Aug
Jan '21/Oct
Jan '21/Dec
Total Jan Deliveries      1,426        47,929         ($7.61) ($15.00)   $0.00
Last Yr Jan Deliveries                195,199

Feb '21/Feb               2,125        38,630        ($12.00) ($12.00) ($12.00)
Feb '21/Apr
Feb '21/Jun
Feb '21/Aug
Feb '21/Oct
Feb '21/Dec
Total Feb Deliveries      2,125        38,630         ($8.37) ($15.00)   $0.00
Last Yr Feb Deliveries                178,813

Mar '21/Feb
Mar '21/Apr               1,274        28,645        ($12.00) ($12.00) ($12.00)
Mar '21/Jun
Mar '21/Aug
Mar '21/Oct
Mar '21/Dec
Total Mar Deliveries      1,274        28,645         ($8.45) ($15.00)  ($1.00)
Last Yr Mar Deliveries                193,842

Apr '21/Feb
Apr '21/Apr               1,260        27,202        ($12.45) ($13.00)  ($7.70)
Apr '21/Jun
Apr '21/Aug
Apr '21/Oct
Apr '21/Dec
Total Apr Deliveries      1,260        27,202         ($9.71) ($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                157,046

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.

Mar '20/Apr
        205 head =       0.00

Apr '20/Apr
      1,800 head =
        164 head =       0.00

May '20/Jun
         40 head =      +3.00

Jun '20/Jun
        168 head =     -15.00
        105 head =     -13.00
        114 head =      +3.00

Jul '20/Aug
        105 head =     -13.00

Aug '20/Aug
        580 head =     -15.00
        280 head =     -13.00
        105 head =      -1.00

Sep '20/Oct
        280 head =     -13.00
        233 head =      -2.00
         71 head =      -1.00

Oct '20/Oct
        210 head =     -13.00
         68 head =      -1.00

Nov '20/Dec
        140 head =     -14.00
        138 head =     -13.00
        135 head =      -2.00
      2,000 head =      +3.00

Dec '20/Dec
      1,097 head =     -13.00
         35 head =      -0.50

Jan '21/Feb
      1,426 head =     -12.00

Feb '21/Feb
      2,125 head =     -12.00



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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