LM_CT153
St. Joseph, MO   Mon Mar 16, 2020    USDA Market News

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

For Week Ending Sunday, 03/15/2020

                           A:   PACKER OWNED SLAUGHTER
Domestic:
       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG
       Count       Wt Range      Carcass    Dressing%     or Better        1,2,3
       8,798      770-1,043         909       63.9          91.9          84.0

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                 42,615
  Formula                         290,545
  Negotiated                       92,616
  Negotiated Grid                  12,327

Imported:
  Forward Contract                  6,688
  Formula                             542
  Negotiated                          249
  Negotiated Grid                       0

Total Slaughtered Head Count:     445,582

                  C:    FORWARD CONTRACT PURCHASED CATTLE WEEKLY

Total New signings last week:        Cumulative Total for listed months:
             24,020                              1,467,462

Delivery Mo./Basis Mo.   New Last  Cumulative Total   Basis Wtd   Basis Level
                           Week       For Month          Avg      Min     Max
Mar '20/Feb
Mar '20/Apr                 299       193,637         ($0.64) ($12.00)   $0.00
Mar '20/Jun
Mar '20/Aug
Mar '20/Oct
Mar '20/Dec
Total Mar Deliveries        299       193,637         ($4.81) ($25.00)   $8.50
Last Yr Mar Deliveries                164,030

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                255,372

May '20/Feb
May '20/Apr
May '20/Jun                           157,006
May '20/Aug
May '20/Oct
May '20/Dec
Total May Deliveries                  157,006         ($1.98) ($20.00)  $13.50
Last Yr May Deliveries                163,054

Jun '20/Feb
Jun '20/Apr
Jun '20/Jun                 316       158,188          $0.63  ($10.00)   $2.00
Jun '20/Aug
Jun '20/Oct
Jun '20/Dec
Total Jun Deliveries        316       158,188         ($3.63) ($20.00)   $9.00
Last Yr Jun Deliveries                233,428

Jul '20/Feb
Jul '20/Apr
Jul '20/Jun
Jul '20/Aug               3,187        99,134          $1.71   ($0.50)   $1.85
Jul '20/Oct
Jul '20/Dec
Total Jul Deliveries      3,187        99,134         ($4.36) ($19.00)   $7.00
Last Yr Jul Deliveries                191,026

Aug '20/Feb
Aug '20/Apr
Aug '20/Jun
Aug '20/Aug               3,547        96,360          $0.72  ($13.00)   $1.85
Aug '20/Oct
Aug '20/Dec
Total Aug Deliveries      3,547        96,360         ($4.49) ($20.00)   $6.00
Last Yr Aug Deliveries                225,918

Sep '20/Feb
Sep '20/Apr
Sep '20/Jun
Sep '20/Aug
Sep '20/Oct               4,549       114,087          $0.50  ($13.00)   $1.85
Sep '20/Dec
Total Sep Deliveries      4,549       114,087         ($4.32) ($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               4,035       100,353          $0.31  ($13.00)   $1.85
Oct '20/Dec
Total Oct Deliveries      4,035       100,425         ($4.98) ($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                 409       101,546         ($1.41) ($10.00)   $0.00
Total Nov Deliveries        409       101,546         ($4.80) ($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               1,396        74,580         ($6.77) ($18.00)  ($1.00)
Total Dec Deliveries      1,396        74,580         ($6.90) ($18.00)   $3.50
Last Yr Dec Deliveries                164,639

Jan '21/Feb               1,012        46,503        ($12.00) ($12.00) ($12.00)
Jan '21/Apr
Jan '21/Jun
Jan '21/Aug
Jan '21/Oct
Jan '21/Dec
Total Jan Deliveries      1,012        46,503         ($7.48) ($15.00)   $0.00
Last Yr Jan Deliveries                195,199

Feb '21/Feb               2,131        36,505        ($12.00) ($12.00) ($12.00)
Feb '21/Apr
Feb '21/Jun
Feb '21/Aug
Feb '21/Oct
Feb '21/Dec
Total Feb Deliveries      2,131        36,505         ($8.16) ($15.00)   $0.00
Last Yr Feb Deliveries                178,813

Mar '21/Feb
Mar '21/Apr               1,338        27,371        ($11.03) ($12.00)  ($7.92)
Mar '21/Jun
Mar '21/Aug
Mar '21/Oct
Mar '21/Dec
Total Mar Deliveries      1,338        27,371         ($8.29) ($15.00)  ($1.00)
Last Yr Mar Deliveries                193,637

Apr '21/Feb
Apr '21/Apr               1,801        25,942        ($13.00) ($13.00) ($13.00)
Apr '21/Jun
Apr '21/Aug
Apr '21/Oct
Apr '21/Dec
Total Apr Deliveries      1,801        25,942         ($9.58) ($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                158,188


                        D:   BASIS DISTRIBUTION

Delivery Mo./Basis Mo.

Mar '20/Apr
         16 head =     -12.00
        283 head =       0.00

Jun '20/Jun
         36 head =     -10.00
        280 head =      +2.00

Jul '20/Aug
        187 head =      -0.50
      3,000 head =      +1.85

Aug '20/Aug
        175 head =     -13.00
         71 head =     -10.00
        301 head =       0.00
      3,000 head =      +1.85

Sep '20/Oct
        140 head =     -13.00
         68 head =      -2.00
      1,341 head =      -1.00
      3,000 head =      +1.85

Oct '20/Oct
        245 head =     -13.00
         35 head =     -10.00
        406 head =      -1.50
        349 head =      -0.50
      3,000 head =      +1.85

Nov '20/Dec
         34 head =     -10.00
        236 head =      -1.00
        139 head =       0.00

Dec '20/Dec
        200 head =     -18.00
        362 head =     -13.00
         34 head =     -10.00
        800 head =      -1.00

Jan '21/Feb
      1,012 head =     -12.00

Feb '21/Feb
      2,131 head =     -12.00



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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