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

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

For Week Ending Sunday, 12/15/2019

                           A:   PACKER OWNED SLAUGHTER
Domestic:
       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG
       Count       Wt Range      Carcass    Dressing%     or Better        1,2,3
       9,137      686-997           856       63.7          84.6          88.0

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                 36,047
  Formula                         307,269
  Negotiated                       82,936
  Negotiated Grid                  13,874

Imported:
  Forward Contract                  6,164
  Formula                             656
  Negotiated                        2,362
  Negotiated Grid                     303

Total Slaughtered Head Count:     449,611

                  C:    FORWARD CONTRACT PURCHASED CATTLE WEEKLY

Total New signings last week:        Cumulative Total for listed months:
             66,887                              1,478,738

Delivery Mo./Basis Mo.   New Last  Cumulative Total   Basis Wtd   Basis Level
                           Week       For Month          Avg      Min     Max
Dec '19/Feb
Dec '19/Apr
Dec '19/Jun
Dec '19/Aug
Dec '19/Oct
Dec '19/Dec                 105       164,678        ($12.00) ($12.00) ($12.00)
Total Dec Deliveries        105       164,678         ($5.84) ($20.00)   $6.00
Last Yr Dec Deliveries                126,401

Jan '20/Feb               2,737       191,163         ($0.98)  ($2.50)   $0.50
Jan '20/Apr
Jan '20/Jun
Jan '20/Aug
Jan '20/Oct
Jan '20/Dec
Total Jan Deliveries      2,737       191,163         ($4.30) ($25.00)   $7.00
Last Yr Jan Deliveries                173,077

Feb '20/Feb               8,722       175,201         ($0.83) ($25.00)   $1.00
Feb '20/Apr
Feb '20/Jun
Feb '20/Aug
Feb '20/Oct
Feb '20/Dec
Total Feb Deliveries      8,722       175,201         ($4.97) ($25.00)   $8.00
Last Yr Feb Deliveries                152,862

Mar '20/Feb
Mar '20/Apr               8,775       177,156         ($1.84) ($20.00)   $8.50
Mar '20/Jun
Mar '20/Aug
Mar '20/Oct
Mar '20/Dec
Total Mar Deliveries      8,775       177,156         ($5.25) ($20.00)   $8.50
Last Yr Mar Deliveries                212,365

Apr '20/Feb
Apr '20/Apr               5,706       206,498         ($2.09) ($20.00)   $1.00
Apr '20/Jun
Apr '20/Aug
Apr '20/Oct
Apr '20/Dec
Total Apr Deliveries      5,706       206,498         ($5.37) ($22.00)   $8.50
Last Yr Apr Deliveries                298,561

May '20/Feb
May '20/Apr
May '20/Jun               5,533       119,032          $2.85  ($14.00)  $13.50
May '20/Aug
May '20/Oct
May '20/Dec
Total May Deliveries      5,533       119,032         ($3.60) ($20.00)  $13.50
Last Yr May Deliveries                184,514

Jun '20/Feb
Jun '20/Apr
Jun '20/Jun              12,274       113,426          $0.02  ($15.00)   $8.00
Jun '20/Aug
Jun '20/Oct
Jun '20/Dec
Total Jun Deliveries     12,274       113,426         ($4.67) ($20.00)   $9.00
Last Yr Jun Deliveries                254,182

Jul '20/Feb
Jul '20/Apr
Jul '20/Jun
Jul '20/Aug               5,295        68,501         ($0.30) ($13.00)   $7.00
Jul '20/Oct
Jul '20/Dec
Total Jul Deliveries      5,295        68,501         ($5.64) ($19.00)   $7.00
Last Yr Jul Deliveries                192,076

Aug '20/Feb
Aug '20/Apr
Aug '20/Jun
Aug '20/Aug               2,583        63,715         ($0.55) ($15.00)   $6.00
Aug '20/Oct
Aug '20/Dec
Total Aug Deliveries      2,583        63,715         ($6.07) ($20.00)   $6.00
Last Yr Aug Deliveries                225,992

Sep '20/Feb
Sep '20/Apr
Sep '20/Jun
Sep '20/Aug
Sep '20/Oct               3,477        61,554         ($4.03) ($15.00)   $3.50
Sep '20/Dec
Total Sep Deliveries      3,477        61,554         ($6.32) ($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               3,198        51,385         ($7.99) ($17.00)   $0.00
Oct '20/Dec
Total Oct Deliveries      3,198        51,385         ($6.69) ($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               2,339        43,609         ($8.31) ($12.00)   $0.50
Total Nov Deliveries      2,339        43,609         ($6.45) ($15.00)   $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               2,434        32,376         ($8.36) ($12.00)  ($1.00)
Total Dec Deliveries      2,434        32,376         ($8.64) ($17.00)   $3.00
Last Yr Dec Deliveries                164,678

Jan '21/Feb               2,414         4,621        ($12.00) ($12.00) ($12.00)
Jan '21/Apr
Jan '21/Jun
Jan '21/Aug
Jan '21/Oct
Jan '21/Dec
Total Jan Deliveries      2,414         4,621         ($8.74) ($15.00)  ($1.00)
Last Yr Jan Deliveries                191,163

Feb '21/Feb               1,295         4,273        ($12.00) ($12.00) ($12.00)
Feb '21/Apr
Feb '21/Jun
Feb '21/Aug
Feb '21/Oct
Feb '21/Dec
Total Feb Deliveries      1,295         4,273         ($7.20) ($15.00)  ($1.00)
Last Yr Feb Deliveries                175,201

Mar '21/Feb
Mar '21/Apr                             1,550
Mar '21/Jun
Mar '21/Aug
Mar '21/Oct
Mar '21/Dec
Total Mar Deliveries                    1,550         ($3.94) ($15.00)  ($1.00)
Last Yr Mar Deliveries                177,156


                        D:   BASIS DISTRIBUTION

Delivery Mo./Basis Mo.

Dec '19/Dec
        105 head =     -12.00

Jan '20/Feb
      1,070 head =      -2.50
         50 head =      -1.00
      1,520 head =       0.00
         97 head =      +0.50

Feb '20/Feb
      2,460 head =
         28 head =     -25.00
         37 head =     -20.00
         35 head =     -16.00
        440 head =     -12.00
         80 head =      -5.00
      1,000 head =      -2.00
        198 head =      -1.50
        682 head =      -1.00
         76 head =      -0.50
      2,646 head =       0.00
      3,500 head =      +1.00

Mar '20/Apr
      2,460 head =
        534 head =     -20.00
        105 head =     -17.00
        311 head =     -16.00
         35 head =     -13.00
        240 head =     -12.00
        160 head =      -5.00
         35 head =      -4.00
         45 head =      -3.00
        125 head =      -1.50
        365 head =      -1.00
        502 head =      -0.50
      3,518 head =       0.00
      2,300 head =      +1.00
        500 head =      +8.50

Apr '20/Apr
      4,920 head =
        109 head =     -20.00
        245 head =     -17.00
        400 head =     -13.00
        120 head =      -5.00
         80 head =      -3.00
         57 head =      -1.50
        369 head =      -1.00
        521 head =      -0.50
      2,641 head =       0.00
      1,164 head =      +1.00

May '20/Jun
         35 head =     -14.00
        245 head =     -13.00
        390 head =     -10.00
        108 head =      -3.35
      2,500 head =      +2.00
        128 head =      +2.50
        454 head =      +3.00
        288 head =      +4.00
        193 head =      +4.50
         80 head =      +5.00
        112 head =      +9.65
      1,000 head =     +13.50

Jun '20/Jun
         34 head =     -15.00
        663 head =     -13.00
        160 head =     -10.00
      1,058 head =      -3.35
         67 head =      -1.50
        213 head =      -1.00
        270 head =      -0.50
      2,439 head =       0.00
        562 head =      +0.50
      4,000 head =      +0.75
        105 head =      +1.00
        360 head =      +1.50
      1,078 head =      +2.00
        265 head =      +3.16
      1,000 head =      +8.00

Jul '20/Aug
        419 head =     -13.00
        420 head =     -12.00
         70 head =      -9.37
        430 head =      -1.00
        320 head =      -0.50
      2,374 head =      +1.00
        262 head =      +3.00
      1,000 head =      +7.00

Aug '20/Aug
        119 head =     -15.00
        208 head =     -13.00
        175 head =     -12.00
         70 head =      -9.37
        337 head =      -1.00
        502 head =       0.00
        172 head =      +1.00
      1,000 head =      +6.00

Sep '20/Oct
         61 head =     -15.00
        832 head =     -13.00
        315 head =     -12.00
         70 head =      -9.37
        136 head =      -2.00
      1,063 head =      -1.00
      1,000 head =      +3.50

Oct '20/Oct
         68 head =     -17.00
         62 head =     -15.00
        791 head =     -13.00
      1,009 head =     -12.00
      1,063 head =      -1.00
        205 head =       0.00

Nov '20/Dec
      1,556 head =     -12.00
         33 head =      -2.00
        714 head =      -1.00
         36 head =      +0.50



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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