LM_CT153
St. Joseph, MO   Mon Mar 09, 2020    USDA Market News

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

For Week Ending Sunday, 03/08/2020

                           A:   PACKER OWNED SLAUGHTER
Domestic:
       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG
       Count       Wt Range      Carcass    Dressing%     or Better        1,2,3
       9,818      709-1,039         897       63.9          89.6          82.1

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                 41,680
  Formula                         300,795
  Negotiated                       99,074
  Negotiated Grid                  13,334

Imported:
  Forward Contract                  5,257
  Formula                             708
  Negotiated                          324
  Negotiated Grid                       0

Total Slaughtered Head Count:     461,172

                  C:    FORWARD CONTRACT PURCHASED CATTLE WEEKLY

Total New signings last week:        Cumulative Total for listed months:
             53,622                              1,443,442

Delivery Mo./Basis Mo.   New Last  Cumulative Total   Basis Wtd   Basis Level
                           Week       For Month          Avg      Min     Max
Mar '20/Feb
Mar '20/Apr                 200       193,338          $0.00    $0.00    $0.00
Mar '20/Jun
Mar '20/Aug
Mar '20/Oct
Mar '20/Dec
Total Mar Deliveries        200       193,338         ($4.82) ($25.00)   $8.50
Last Yr Mar Deliveries                174,737

Apr '20/Feb
Apr '20/Apr                           234,030
Apr '20/Jun
Apr '20/Aug
Apr '20/Oct
Apr '20/Dec
Total Apr Deliveries                  234,030         ($4.81) ($25.00)   $8.50
Last Yr Apr Deliveries                258,664

May '20/Feb
May '20/Apr
May '20/Jun               3,570       157,006          $3.46   ($3.35)  $10.00
May '20/Aug
May '20/Oct
May '20/Dec
Total May Deliveries      3,570       157,006         ($1.98) ($20.00)  $13.50
Last Yr May Deliveries                166,086

Jun '20/Feb
Jun '20/Apr
Jun '20/Jun               2,835       157,872         ($3.43) ($10.00)  ($3.35)
Jun '20/Aug
Jun '20/Oct
Jun '20/Dec
Total Jun Deliveries      2,835       157,872         ($3.64) ($20.00)   $9.00
Last Yr Jun Deliveries                234,707

Jul '20/Feb
Jul '20/Apr
Jul '20/Jun
Jul '20/Aug               5,387        95,947         ($1.87) ($15.00)   $7.00
Jul '20/Oct
Jul '20/Dec
Total Jul Deliveries      5,387        95,947         ($4.56) ($19.00)   $7.00
Last Yr Jul Deliveries                191,026

Aug '20/Feb
Aug '20/Apr
Aug '20/Jun
Aug '20/Aug               4,892        92,813         ($0.84) ($13.00)   $6.00
Aug '20/Oct
Aug '20/Dec
Total Aug Deliveries      4,892        92,813         ($4.69) ($20.00)   $6.00
Last Yr Aug Deliveries                225,953

Sep '20/Feb
Sep '20/Apr
Sep '20/Jun
Sep '20/Aug
Sep '20/Oct               4,802       109,538         ($2.02) ($13.00)   $3.50
Sep '20/Dec
Total Sep Deliveries      4,802       109,538         ($4.52) ($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               4,426        96,318         ($1.62) ($13.00)   $3.50
Oct '20/Dec
Total Oct Deliveries      4,426        96,390         ($5.20) ($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               3,913       101,137         ($1.70) ($14.00)   $3.50
Total Nov Deliveries      3,913       101,137         ($4.81) ($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               4,181        73,184         ($1.74) ($13.00)   $3.50
Total Dec Deliveries      4,181        73,184         ($6.90) ($17.00)   $3.50
Last Yr Dec Deliveries                164,639

Jan '21/Feb               4,792        45,491         ($3.30) ($12.00)   $0.00
Jan '21/Apr
Jan '21/Jun
Jan '21/Aug
Jan '21/Oct
Jan '21/Dec
Total Jan Deliveries      4,792        45,491         ($7.38) ($15.00)   $0.00
Last Yr Jan Deliveries                195,199

Feb '21/Feb               4,865        34,374         ($4.14) ($12.00)  ($1.00)
Feb '21/Apr
Feb '21/Jun
Feb '21/Aug
Feb '21/Oct
Feb '21/Dec
Total Feb Deliveries      4,865        34,374         ($7.92) ($15.00)   $0.00
Last Yr Feb Deliveries                178,813

Mar '21/Feb
Mar '21/Apr               5,274        26,033         ($5.35) ($12.00)  ($1.00)
Mar '21/Jun
Mar '21/Aug
Mar '21/Oct
Mar '21/Dec
Total Mar Deliveries      5,274        26,033         ($8.14) ($15.00)  ($1.00)
Last Yr Mar Deliveries                193,338

Apr '21/Feb
Apr '21/Apr               4,485        24,141         ($5.49) ($13.00)  ($1.00)
Apr '21/Jun
Apr '21/Aug
Apr '21/Oct
Apr '21/Dec
Total Apr Deliveries      4,485        24,141         ($9.32) ($15.00)  ($1.00)
Last Yr Apr Deliveries                234,030

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                157,006

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                157,872


                        D:   BASIS DISTRIBUTION

Delivery Mo./Basis Mo.

Mar '20/Apr
        200 head =       0.00

May '20/Jun
      1,750 head =      -3.35
      1,820 head =     +10.00

Jun '20/Jun
         35 head =     -10.00
      2,800 head =      -3.35

Jul '20/Aug
         32 head =     -15.00
        840 head =     -13.00
         35 head =     -10.00
      2,800 head =      -3.35
        180 head =      +3.00
      1,500 head =      +7.00

Aug '20/Aug
        105 head =     -13.00
         35 head =     -10.00
      2,800 head =      -3.35
         70 head =      -2.00
        132 head =       0.00
        570 head =      +1.00
        180 head =      +3.00
      1,000 head =      +6.00

Sep '20/Oct
        173 head =     -13.00
         70 head =     -10.00
      2,800 head =      -3.35
         70 head =      -2.50
        689 head =      -1.00
      1,000 head =      +3.50

Oct '20/Oct
        453 head =     -13.00
         70 head =      -2.25
         38 head =      -1.50
      2,900 head =      -1.00
        282 head =       0.00
        183 head =      +0.50
        500 head =      +3.50

Nov '20/Dec
        176 head =     -14.00
        239 head =     -13.00
         38 head =      -4.75
      2,800 head =      -1.00
        160 head =      +1.00
        500 head =      +3.50

Dec '20/Dec
        447 head =     -13.00
      3,014 head =      -1.00
        220 head =      -0.96
        500 head =      +3.50

Jan '21/Feb
        936 head =     -12.00
        105 head =      -8.13
        195 head =      -1.25
      3,466 head =      -1.00
         90 head =       0.00

Feb '21/Feb
      1,389 head =     -12.00
      3,476 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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