LM_CT153
St. Joseph, MO   Mon Sep 16, 2019    USDA Market News

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

For Week Ending Sunday, 09/15/2019

                           A:   PACKER OWNED SLAUGHTER
Domestic:
       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG
       Count       Wt Range      Carcass    Dressing%     or Better        1,2,3
      13,808      713-1,024         883       63.9          81.4          83.6

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                 54,629
  Formula                         302,248
  Negotiated                       66,096
  Negotiated Grid                  14,298

Imported:
  Forward Contract                  6,495
  Formula                               0
  Negotiated                          364
  Negotiated Grid                       0

Total Slaughtered Head Count:     444,130

                  C:    FORWARD CONTRACT PURCHASED CATTLE WEEKLY

Total New signings last week:        Cumulative Total for listed months:
             11,498                              1,410,276

Delivery Mo./Basis Mo.   New Last  Cumulative Total   Basis Wtd   Basis Level
                           Week       For Month          Avg      Min     Max
Sep '19/Feb
Sep '19/Apr
Sep '19/Jun
Sep '19/Aug
Sep '19/Oct                 201       245,480         ($9.37)  ($9.37)  ($9.37)
Sep '19/Dec
Total Sep Deliveries        201       245,480         ($3.14) ($21.00)   $4.00
Last Yr Sep Deliveries                178,851

Oct '19/Feb
Oct '19/Apr
Oct '19/Jun
Oct '19/Aug
Oct '19/Oct                 193       212,345          $0.00    $0.00    $0.00
Oct '19/Dec                                80
Total Oct Deliveries        193       212,425         ($3.97) ($22.00)   $5.00
Last Yr Oct Deliveries                162,805

Nov '19/Feb
Nov '19/Apr
Nov '19/Jun
Nov '19/Aug
Nov '19/Oct
Nov '19/Dec                 610       207,456          $0.80   ($1.00)   $1.00
Total Nov Deliveries        610       207,456         ($4.23) ($22.00)   $6.00
Last Yr Nov Deliveries                199,757

Dec '19/Feb
Dec '19/Apr
Dec '19/Jun
Dec '19/Aug
Dec '19/Oct
Dec '19/Dec               1,953       144,411          $0.77  ($12.00)   $1.00
Total Dec Deliveries      1,953       144,411         ($6.37) ($20.00)   $6.00
Last Yr Dec Deliveries                157,890

Jan '20/Feb                 561       104,016          $3.00    $3.00    $3.00
Jan '20/Apr
Jan '20/Jun
Jan '20/Aug
Jan '20/Oct
Jan '20/Dec
Total Jan Deliveries        561       104,016         ($7.34) ($20.00)   $7.00
Last Yr Jan Deliveries                189,572

Feb '20/Feb                 670        96,467        ($12.45) ($18.00)   $1.50
Feb '20/Apr
Feb '20/Jun
Feb '20/Aug
Feb '20/Oct
Feb '20/Dec
Total Feb Deliveries        670        96,467         ($8.41) ($20.00)   $7.00
Last Yr Feb Deliveries                168,447

Mar '20/Feb
Mar '20/Apr                 525        93,887        ($12.70) ($15.00)   $1.50
Mar '20/Jun
Mar '20/Aug
Mar '20/Oct
Mar '20/Dec
Total Mar Deliveries        525        93,887         ($9.18) ($20.00)   $7.00
Last Yr Mar Deliveries                221,475

Apr '20/Feb
Apr '20/Apr                 486        92,237         ($6.67) ($16.00)   $0.50
Apr '20/Jun
Apr '20/Aug
Apr '20/Oct
Apr '20/Dec
Total Apr Deliveries        486        92,237        ($11.68) ($20.00)   $5.00
Last Yr Apr Deliveries                306,278

May '20/Feb
May '20/Apr
May '20/Jun                 854        58,565        ($14.63) ($15.00) ($10.00)
May '20/Aug
May '20/Oct
May '20/Dec
Total May Deliveries        854        58,565        ($10.26) ($20.00)   $7.00
Last Yr May Deliveries                184,654

Jun '20/Feb
Jun '20/Apr
Jun '20/Jun                 248        51,085        ($13.87) ($15.00) ($13.00)
Jun '20/Aug
Jun '20/Oct
Jun '20/Dec
Total Jun Deliveries        248        51,085        ($10.45) ($20.00)   $4.00
Last Yr Jun Deliveries                254,322

Jul '20/Feb
Jul '20/Apr
Jul '20/Jun
Jul '20/Aug                 594        30,686        ($11.76) ($12.00) ($10.00)
Jul '20/Oct
Jul '20/Dec
Total Jul Deliveries        594        30,686        ($10.05) ($16.00)   $1.50
Last Yr Jul Deliveries                192,216

Aug '20/Feb
Aug '20/Apr
Aug '20/Jun
Aug '20/Aug                 889        27,622        ($12.39) ($15.00) ($10.00)
Aug '20/Oct
Aug '20/Dec
Total Aug Deliveries        889        27,622         ($9.58) ($16.00)   $0.00
Last Yr Aug Deliveries                226,132

Sep '20/Feb
Sep '20/Apr
Sep '20/Jun
Sep '20/Aug
Sep '20/Oct               2,163        22,716        ($10.02) ($12.00)  ($9.15)
Sep '20/Dec
Total Sep Deliveries      2,163        22,716         ($7.69) ($16.00)   $0.00
Last Yr Sep Deliveries                245,480

Oct '20/Feb
Oct '20/Apr
Oct '20/Jun
Oct '20/Aug
Oct '20/Oct                 623        13,798        ($12.00) ($12.00) ($12.00)
Oct '20/Dec
Total Oct Deliveries        623        13,798        ($10.71) ($15.00)   $0.00
Last Yr Oct Deliveries                212,425

Nov '20/Feb
Nov '20/Apr
Nov '20/Jun
Nov '20/Aug
Nov '20/Oct
Nov '20/Dec                 480         5,160        ($12.00) ($12.00) ($12.00)
Total Nov Deliveries        480         5,160        ($11.88) ($15.00)  ($9.34)
Last Yr Nov Deliveries                207,456

Dec '20/Feb
Dec '20/Apr
Dec '20/Jun
Dec '20/Aug
Dec '20/Oct
Dec '20/Dec                 448         4,265        ($12.00) ($12.00) ($12.00)
Total Dec Deliveries        448         4,265        ($11.93) ($17.00)  ($9.34)
Last Yr Dec Deliveries                144,411


                        D:   BASIS DISTRIBUTION

Delivery Mo./Basis Mo.

Sep '19/Oct
        201 head =      -9.37

Oct '19/Oct
        193 head =       0.00

Nov '19/Dec
         60 head =      -1.00
        550 head =      +1.00

Dec '19/Dec
         35 head =     -12.00
      1,918 head =      +1.00

Jan '20/Feb
        561 head =      +3.00

Feb '20/Feb
         68 head =     -18.00
        420 head =     -15.00
         69 head =     -12.00
         41 head =      -1.00
         36 head =       0.00
         36 head =      +1.50

Mar '20/Apr
        420 head =     -15.00
         35 head =     -12.00
         36 head =       0.00
         34 head =      +1.50

Apr '20/Apr
        210 head =     -16.00
         36 head =       0.00
        240 head =      +0.50

May '20/Jun
        749 head =     -15.00
         70 head =     -13.00
         35 head =     -10.00

Jun '20/Jun
        108 head =     -15.00
        140 head =     -13.00

Jul '20/Aug
        524 head =     -12.00
         70 head =     -10.00

Aug '20/Aug
        161 head =     -15.00
        658 head =     -12.00
         70 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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