LM_CT153
St. Joseph, MO   Mon Oct 14, 2019    USDA Market News

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

For Week Ending Sunday, 10/13/2019

                           A:   PACKER OWNED SLAUGHTER
Domestic:
       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG
       Count       Wt Range      Carcass    Dressing%     or Better        1,2,3
      11,016      698-1,102         906       64.0          81.6          83.7

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                 40,487
  Formula                         305,005
  Negotiated                       87,447
  Negotiated Grid                  15,267

Imported:
  Forward Contract                  7,440
  Formula                              18
  Negotiated                          236
  Negotiated Grid                       0

Total Slaughtered Head Count:     455,900

                  C:    FORWARD CONTRACT PURCHASED CATTLE WEEKLY

Total New signings last week:        Cumulative Total for listed months:
             22,359                              1,244,310

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                  70       213,410        ($12.00) ($12.00) ($12.00)
Oct '19/Dec                                80
Total Oct Deliveries         70       213,490         ($3.95) ($22.00)   $5.00
Last Yr Oct Deliveries                155,469

Nov '19/Feb
Nov '19/Apr
Nov '19/Jun
Nov '19/Aug
Nov '19/Oct
Nov '19/Dec                           209,341
Total Nov Deliveries                  209,341         ($4.21) ($22.00)   $6.00
Last Yr Nov Deliveries                193,847

Dec '19/Feb
Dec '19/Apr
Dec '19/Jun
Dec '19/Aug
Dec '19/Oct
Dec '19/Dec                 232       148,830         ($8.87) ($12.00)  ($1.00)
Total Dec Deliveries        232       148,830         ($6.22) ($20.00)   $6.00
Last Yr Dec Deliveries                150,341

Jan '20/Feb                 915       111,364         ($7.07) ($14.00)   $0.00
Jan '20/Apr
Jan '20/Jun
Jan '20/Aug
Jan '20/Oct
Jan '20/Dec
Total Jan Deliveries        915       111,364         ($6.98) ($20.00)   $7.00
Last Yr Jan Deliveries                184,793

Feb '20/Feb               1,103       104,614         ($8.37) ($15.00)   $0.00
Feb '20/Apr
Feb '20/Jun
Feb '20/Aug
Feb '20/Oct
Feb '20/Dec
Total Feb Deliveries      1,103       104,614         ($7.86) ($20.00)   $7.00
Last Yr Feb Deliveries                164,862

Mar '20/Feb
Mar '20/Apr               4,816       108,048         ($1.32) ($14.00)   $3.00
Mar '20/Jun
Mar '20/Aug
Mar '20/Oct
Mar '20/Dec
Total Mar Deliveries      4,816       108,048         ($8.15) ($20.00)   $7.00
Last Yr Mar Deliveries                221,475

Apr '20/Feb
Apr '20/Apr               4,692       104,869         ($0.36) ($20.00)   $7.00
Apr '20/Jun
Apr '20/Aug
Apr '20/Oct
Apr '20/Dec
Total Apr Deliveries      4,692       104,869        ($10.36) ($20.00)   $7.00
Last Yr Apr Deliveries                306,278

May '20/Feb
May '20/Apr
May '20/Jun                 415        62,175         ($1.78) ($14.00)   $5.00
May '20/Aug
May '20/Oct
May '20/Dec
Total May Deliveries        415        62,175         ($9.84) ($20.00)   $7.00
Last Yr May Deliveries                184,654

Jun '20/Feb
Jun '20/Apr
Jun '20/Jun                 692        53,573         ($5.92) ($13.00)   $0.00
Jun '20/Aug
Jun '20/Oct
Jun '20/Dec
Total Jun Deliveries        692        53,573        ($10.39) ($20.00)   $4.00
Last Yr Jun Deliveries                254,322

Jul '20/Feb
Jul '20/Apr
Jul '20/Jun
Jul '20/Aug               1,084        33,737         ($8.12) ($15.00)  ($3.35)
Jul '20/Oct
Jul '20/Dec
Total Jul Deliveries      1,084        33,737        ($10.09) ($16.00)   $1.50
Last Yr Jul Deliveries                192,216

Aug '20/Feb
Aug '20/Apr
Aug '20/Jun
Aug '20/Aug               1,446        31,192        ($10.44) ($15.00)  ($3.35)
Aug '20/Oct
Aug '20/Dec
Total Aug Deliveries      1,446        31,192         ($9.75) ($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               2,611        29,789         ($9.48) ($12.00)  ($3.35)
Sep '20/Dec
Total Sep Deliveries      2,611        29,789         ($8.51) ($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               1,195        17,520        ($10.80) ($12.00)  ($1.00)
Oct '20/Dec
Total Oct Deliveries      1,195        17,520        ($10.87) ($15.00)   $0.00
Last Yr Oct Deliveries                213,490

Nov '20/Feb
Nov '20/Apr
Nov '20/Jun
Nov '20/Aug
Nov '20/Oct
Nov '20/Dec               1,483         8,359        ($12.00) ($12.00) ($12.00)
Total Nov Deliveries      1,483         8,359        ($11.92) ($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               1,605         7,276        ($12.00) ($12.00) ($12.00)
Total Dec Deliveries      1,605         7,276        ($11.95) ($17.00)  ($9.34)
Last Yr Dec Deliveries                148,830

Jan '21/Feb                               133
Jan '21/Apr
Jan '21/Jun
Jan '21/Aug
Jan '21/Oct
Jan '21/Dec
Total Jan Deliveries                      133         ($9.32)  ($9.32)  ($9.32)
Last Yr Jan Deliveries                111,364


                        D:   BASIS DISTRIBUTION

Delivery Mo./Basis Mo.

Oct '19/Oct
         70 head =     -12.00

Dec '19/Dec
        166 head =     -12.00
         66 head =      -1.00

Jan '20/Feb
         67 head =     -14.00
        436 head =     -12.00
         66 head =      -2.00
         33 head =      -1.50
        117 head =      -1.00
        196 head =       0.00

Feb '20/Feb
        280 head =     -15.00
        407 head =     -12.00
         33 head =      -1.50
         45 head =      -0.50
        300 head =      -0.25
         38 head =       0.00

Mar '20/Apr
         44 head =     -14.00
        518 head =     -12.00
         33 head =      -1.50
         72 head =      -0.50
      3,509 head =       0.00
        500 head =      +0.25
        140 head =      +3.00

Apr '20/Apr
         35 head =     -20.00
         82 head =     -19.00
        155 head =     -14.00
        146 head =     -13.00
         33 head =      -0.50
      2,143 head =       0.00
      1,503 head =      +0.50
         95 head =      +4.00
        500 head =      +7.00

May '20/Jun
        105 head =     -14.00
         35 head =     -13.00
        190 head =      +4.00
         85 head =      +5.00

Jun '20/Jun
        211 head =     -13.00
        405 head =      -3.35
         76 head =       0.00

Jul '20/Aug
         54 head =     -15.00
        525 head =     -12.00
        505 head =      -3.35

Aug '20/Aug
        105 head =     -15.00
        966 head =     -12.00
        115 head =      -9.23
        260 head =      -3.35

Sep '20/Oct
      1,851 head =     -12.00
        760 head =      -3.35



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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