LM_CT153
St. Joseph, MO   Mon Feb 17, 2020    USDA Market News

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

For Week Ending Sunday, 02/16/2020

                           A:   PACKER OWNED SLAUGHTER
Domestic:
       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG
       Count       Wt Range      Carcass    Dressing%     or Better        1,2,3
       9,654      751-984           875       63.7          88.2          86.7

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                 37,017
  Formula                         289,446
  Negotiated                       89,573
  Negotiated Grid                   9,522

Imported:
  Forward Contract                  6,700
  Formula                              93
  Negotiated                          121
  Negotiated Grid                     479

Total Slaughtered Head Count:     432,951

                  C:    FORWARD CONTRACT PURCHASED CATTLE WEEKLY

Total New signings last week:        Cumulative Total for listed months:
             14,987                              1,511,233

Delivery Mo./Basis Mo.   New Last  Cumulative Total   Basis Wtd   Basis Level
                           Week       For Month          Avg      Min     Max
Feb '20/Feb                 141       178,813         ($8.94) ($12.00)   $0.00
Feb '20/Apr
Feb '20/Jun
Feb '20/Aug
Feb '20/Oct
Feb '20/Dec
Total Feb Deliveries        141       178,813         ($4.92) ($25.00)   $8.00
Last Yr Feb Deliveries                121,635

Mar '20/Feb
Mar '20/Apr                  40       193,019          $0.00    $0.00    $0.00
Mar '20/Jun
Mar '20/Aug
Mar '20/Oct
Mar '20/Dec
Total Mar Deliveries         40       193,019         ($4.83) ($25.00)   $8.50
Last Yr Mar Deliveries                185,188

Apr '20/Feb
Apr '20/Apr                  35       233,360         ($1.00)  ($1.00)  ($1.00)
Apr '20/Jun
Apr '20/Aug
Apr '20/Oct
Apr '20/Dec
Total Apr Deliveries         35       233,360         ($4.79) ($25.00)   $8.50
Last Yr Apr Deliveries                270,432

May '20/Feb
May '20/Apr
May '20/Jun                  73       152,924         ($7.19) ($15.00)   $0.00
May '20/Aug
May '20/Oct
May '20/Dec
Total May Deliveries         73       152,924         ($2.11) ($20.00)  $13.50
Last Yr May Deliveries                171,347

Jun '20/Feb
Jun '20/Apr
Jun '20/Jun                 368       154,128         ($0.25) ($10.00)   $1.00
Jun '20/Aug
Jun '20/Oct
Jun '20/Dec
Total Jun Deliveries        368       154,128         ($3.61) ($20.00)   $9.00
Last Yr Jun Deliveries                241,510

Jul '20/Feb
Jul '20/Apr
Jul '20/Jun
Jul '20/Aug                 170        88,931         ($5.34) ($13.00)  ($3.35)
Jul '20/Oct
Jul '20/Dec
Total Jul Deliveries        170        88,931         ($4.70) ($19.00)   $7.00
Last Yr Jul Deliveries                192,076

Aug '20/Feb
Aug '20/Apr
Aug '20/Jun
Aug '20/Aug                 140        85,938        ($10.75) ($13.00) ($10.00)
Aug '20/Oct
Aug '20/Dec
Total Aug Deliveries        140        85,938         ($4.85) ($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                 852        97,834         ($7.04) ($13.00)  ($1.00)
Sep '20/Dec
Total Sep Deliveries        852        97,834         ($4.83) ($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                 829        84,905         ($8.49) ($13.00)  ($0.50)
Oct '20/Dec
Total Oct Deliveries        829        84,905         ($5.66) ($20.00)   $3.00
Last Yr Oct Deliveries                213,638

Nov '20/Feb
Nov '20/Apr
Nov '20/Jun
Nov '20/Aug
Nov '20/Oct
Nov '20/Dec               1,869        86,272         ($5.04) ($14.00)   $1.00
Total Nov Deliveries      1,869        86,272         ($5.39) ($18.00)   $3.00
Last Yr Nov Deliveries                210,194

Dec '20/Feb
Dec '20/Apr
Dec '20/Jun
Dec '20/Aug
Dec '20/Oct
Dec '20/Dec               1,211        62,434         ($9.45) ($15.00)  ($1.00)
Total Dec Deliveries      1,211        62,434         ($7.75) ($17.00)   $3.00
Last Yr Dec Deliveries                164,639

Jan '21/Feb               1,819        35,329        ($10.14) ($12.00)   $0.00
Jan '21/Apr
Jan '21/Jun
Jan '21/Aug
Jan '21/Oct
Jan '21/Dec
Total Jan Deliveries      1,819        35,329         ($8.10) ($15.00)   $0.00
Last Yr Jan Deliveries                195,199

Feb '21/Feb               1,401        25,567        ($10.49) ($12.00)  ($1.00)
Feb '21/Apr
Feb '21/Jun
Feb '21/Aug
Feb '21/Oct
Feb '21/Dec
Total Feb Deliveries      1,401        25,567         ($8.65) ($15.00)   $0.00
Last Yr Feb Deliveries                178,813

Mar '21/Feb
Mar '21/Apr               2,687        15,442        ($11.92) ($12.00) ($10.00)
Mar '21/Jun
Mar '21/Aug
Mar '21/Oct
Mar '21/Dec
Total Mar Deliveries      2,687        15,442         ($8.33) ($15.00)  ($1.00)
Last Yr Mar Deliveries                193,019

Apr '21/Feb
Apr '21/Apr               3,352        15,197        ($12.98) ($13.00) ($11.00)
Apr '21/Jun
Apr '21/Aug
Apr '21/Oct
Apr '21/Dec
Total Apr Deliveries      3,352        15,197         ($9.37) ($15.00)  ($1.00)
Last Yr Apr Deliveries                233,360

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                152,924


                        D:   BASIS DISTRIBUTION

Delivery Mo./Basis Mo.

Feb '20/Feb
        105 head =     -12.00
         36 head =       0.00

Mar '20/Apr
         40 head =       0.00

Apr '20/Apr
         35 head =      -1.00

May '20/Jun
         35 head =     -15.00
         38 head =       0.00

Jun '20/Jun
         35 head =     -10.00
         76 head =       0.00
        257 head =      +1.00

Jul '20/Aug
         35 head =     -13.00
        135 head =      -3.35

Aug '20/Aug
         35 head =     -13.00
        105 head =     -10.00

Sep '20/Oct
        349 head =     -13.00
        105 head =     -10.00
         34 head =      -1.50
        364 head =      -1.00

Oct '20/Oct
        313 head =     -13.00
         35 head =     -10.00
        307 head =      -8.03
        140 head =      -1.00
         34 head =      -0.50

Nov '20/Dec
        140 head =     -14.00
        318 head =     -13.00
        210 head =     -10.00
        240 head =      -2.00
        809 head =      -1.00
         34 head =      -0.50
         38 head =       0.00
         80 head =      +1.00

Dec '20/Dec
        119 head =     -15.00
        635 head =     -13.00
        105 head =     -10.00
        352 head =      -1.00

Jan '21/Feb
      1,432 head =     -12.00
        130 head =      -8.30
        177 head =      -1.00
         80 head =       0.00



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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