LM_CT153
St. Joseph, MO   Mon Oct 07, 2019    USDA Market News

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

For Week Ending Sunday, 10/06/2019

                           A:   PACKER OWNED SLAUGHTER
Domestic:
       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG
       Count       Wt Range      Carcass    Dressing%     or Better        1,2,3
      12,458      644-1,037         901       64.0          80.6          82.4

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                 43,623
  Formula                         294,920
  Negotiated                       80,426
  Negotiated Grid                  17,193

Imported:
  Forward Contract                  6,251
  Formula                               4
  Negotiated                          299
  Negotiated Grid                       0

Total Slaughtered Head Count:     442,716

                  C:    FORWARD CONTRACT PURCHASED CATTLE WEEKLY

Total New signings last week:        Cumulative Total for listed months:
             34,207                              1,221,951

Delivery Mo./Basis Mo.   New Last  Cumulative Total   Basis Wtd   Basis Level
                           Week       For Month          Avg      Min     Max
Oct '19/Feb
Oct '19/Apr
Oct '19/Jun
Oct '19/Aug
Oct '19/Oct                 119       213,340          $0.00    $0.00    $0.00
Oct '19/Dec                                80
Total Oct Deliveries        119       213,420         ($3.95) ($22.00)   $5.00
Last Yr Oct Deliveries                157,900

Nov '19/Feb
Nov '19/Apr
Nov '19/Jun
Nov '19/Aug
Nov '19/Oct
Nov '19/Dec                 492       209,341         ($1.50)  ($1.50)  ($1.50)
Total Nov Deliveries        492       209,341         ($4.21) ($22.00)   $6.00
Last Yr Nov Deliveries                195,193

Dec '19/Feb
Dec '19/Apr
Dec '19/Jun
Dec '19/Aug
Dec '19/Oct
Dec '19/Dec               1,381       148,598         ($0.55)  ($1.00)   $1.00
Total Dec Deliveries      1,381       148,598         ($6.22) ($20.00)   $6.00
Last Yr Dec Deliveries                151,507

Jan '20/Feb               5,144       110,449         ($0.76) ($14.00)   $4.00
Jan '20/Apr
Jan '20/Jun
Jan '20/Aug
Jan '20/Oct
Jan '20/Dec
Total Jan Deliveries      5,144       110,449         ($6.98) ($20.00)   $7.00
Last Yr Jan Deliveries                185,261

Feb '20/Feb               5,380       103,511          $1.28  ($20.00)   $4.00
Feb '20/Apr
Feb '20/Jun
Feb '20/Aug
Feb '20/Oct
Feb '20/Dec
Total Feb Deliveries      5,380       103,511         ($7.86) ($20.00)   $7.00
Last Yr Feb Deliveries                165,174

Mar '20/Feb
Mar '20/Apr               6,252       103,232          $0.25  ($20.00)   $4.00
Mar '20/Jun
Mar '20/Aug
Mar '20/Oct
Mar '20/Dec
Total Mar Deliveries      6,252       103,232         ($8.47) ($20.00)   $7.00
Last Yr Mar Deliveries                221,475

Apr '20/Feb
Apr '20/Apr               6,124       100,177          $0.28  ($20.00)   $4.00
Apr '20/Jun
Apr '20/Aug
Apr '20/Oct
Apr '20/Dec
Total Apr Deliveries      6,124       100,177        ($10.83) ($20.00)   $5.00
Last Yr Apr Deliveries                306,278

May '20/Feb
May '20/Apr
May '20/Jun               1,797        61,760         ($1.50) ($14.00)   $5.00
May '20/Aug
May '20/Oct
May '20/Dec
Total May Deliveries      1,797        61,760         ($9.89) ($20.00)   $7.00
Last Yr May Deliveries                184,654

Jun '20/Feb
Jun '20/Apr
Jun '20/Jun               1,131        52,881         ($9.27) ($16.00)  ($3.35)
Jun '20/Aug
Jun '20/Oct
Jun '20/Dec
Total Jun Deliveries      1,131        52,881        ($10.45) ($20.00)   $4.00
Last Yr Jun Deliveries                254,322

Jul '20/Feb
Jul '20/Apr
Jul '20/Jun
Jul '20/Aug                 694        32,653        ($11.28) ($15.00)  ($9.22)
Jul '20/Oct
Jul '20/Dec
Total Jul Deliveries        694        32,653        ($10.16) ($16.00)   $1.50
Last Yr Jul Deliveries                192,216

Aug '20/Feb
Aug '20/Apr
Aug '20/Jun
Aug '20/Aug                 944        29,746        ($11.37) ($15.00)  ($9.22)
Aug '20/Oct
Aug '20/Dec
Total Aug Deliveries        944        29,746         ($9.72) ($16.00)   $1.50
Last Yr Aug Deliveries                226,132

Sep '20/Feb
Sep '20/Apr
Sep '20/Jun
Sep '20/Aug
Sep '20/Oct               1,944        27,178        ($11.33) ($12.00)  ($9.25)
Sep '20/Dec
Total Sep Deliveries      1,944        27,178         ($8.42) ($16.00)   $0.00
Last Yr Sep Deliveries                245,441

Oct '20/Feb
Oct '20/Apr
Oct '20/Jun
Oct '20/Aug
Oct '20/Oct                 885        16,325        ($11.50) ($12.00)  ($9.25)
Oct '20/Dec
Total Oct Deliveries        885        16,325        ($10.87) ($15.00)   $0.00
Last Yr Oct Deliveries                213,420

Nov '20/Feb
Nov '20/Apr
Nov '20/Jun
Nov '20/Aug
Nov '20/Oct
Nov '20/Dec                 944         6,876        ($12.00) ($12.00) ($12.00)
Total Nov Deliveries        944         6,876        ($11.90) ($15.00)  ($9.34)
Last Yr Nov Deliveries                209,341

Dec '20/Feb
Dec '20/Apr
Dec '20/Jun
Dec '20/Aug
Dec '20/Oct
Dec '20/Dec                 843         5,671        ($12.00) ($12.00) ($12.00)
Total Dec Deliveries        843         5,671        ($11.93) ($17.00)  ($9.34)
Last Yr Dec Deliveries                148,598

Jan '21/Feb                 133           133         ($9.32)  ($9.32)  ($9.32)
Jan '21/Apr
Jan '21/Jun
Jan '21/Aug
Jan '21/Oct
Jan '21/Dec
Total Jan Deliveries        133           133         ($9.32)  ($9.32)  ($9.32)
Last Yr Jan Deliveries                110,449


                        D:   BASIS DISTRIBUTION

Delivery Mo./Basis Mo.

Oct '19/Oct
        119 head =       0.00

Nov '19/Dec
        492 head =      -1.50

Dec '19/Dec
        284 head =      -1.00
      1,049 head =      -0.50
         48 head =      +1.00

Jan '20/Feb
        190 head =     -14.00
        140 head =     -12.00
         68 head =      -2.00
        190 head =      -1.50
      3,256 head =      -1.00
        270 head =       0.00
      1,030 head =      +4.00

Feb '20/Feb
         32 head =     -20.00
        175 head =     -12.00
      1,092 head =      -1.00
        750 head =      -0.50
        520 head =       0.00
         71 head =      +1.50
      2,740 head =      +4.00

Mar '20/Apr
         67 head =     -20.00
         50 head =     -14.00
        140 head =     -12.00
      1,125 head =      -1.50
        137 head =      -1.00
      1,200 head =      -0.50
        465 head =       0.00
      1,298 head =      +0.50
      1,770 head =      +4.00

Apr '20/Apr
        172 head =     -20.00
        350 head =      -2.65
        800 head =      -1.00
      1,560 head =       0.00
      1,742 head =      +0.50
      1,500 head =      +4.00

May '20/Jun
        134 head =     -14.00
        410 head =     -13.00
         35 head =     -10.00
        148 head =      -3.35
      1,070 head =      +5.00

Jun '20/Jun
        200 head =     -16.00
        102 head =     -15.00
        140 head =     -13.00
        245 head =     -10.00
        444 head =      -3.35

Jul '20/Aug
         99 head =     -15.00
        280 head =     -12.00
        105 head =     -10.00
        210 head =      -9.22

Aug '20/Aug
         67 head =     -15.00
        562 head =     -12.00
        105 head =     -10.00
        210 head =      -9.22

Sep '20/Oct
      1,434 head =     -12.00
        140 head =     -10.00
        370 head =      -9.25



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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