LM_CT153
St. Joseph, MO   Mon May 20, 2019    USDA Market News

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

For Week Ending Sunday, 05/19/2019

                           A:   PACKER OWNED SLAUGHTER
Domestic:
       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG
       Count       Wt Range      Carcass    Dressing%     or Better        1,2,3
       7,806      713-993           817       63.7          80.9          93.0

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                 46,063
  Formula                         283,014
  Negotiated                      133,899
  Negotiated Grid                  14,125

Imported:
  Forward Contract                  2,818
  Formula                             136
  Negotiated                          840
  Negotiated Grid                     900

Total Slaughtered Head Count:     481,795

                  C:    FORWARD CONTRACT PURCHASED CATTLE WEEKLY

Total New signings last week:        Cumulative Total for listed months:
             11,934                              1,907,420

Delivery Mo./Basis Mo.   New Last  Cumulative Total   Basis Wtd   Basis Level
                           Week       For Month          Avg      Min     Max
May '19/Feb
May '19/Apr
May '19/Jun                  35       184,654        ($12.00) ($12.00) ($12.00)
May '19/Aug
May '19/Oct
May '19/Dec
Total May Deliveries         35       184,654         ($2.06) ($25.00)  $14.00
Last Yr May Deliveries                186,111

Jun '19/Feb
Jun '19/Apr
Jun '19/Jun                  54       247,292          $0.00    $0.00    $0.00
Jun '19/Aug
Jun '19/Oct
Jun '19/Dec
Total Jun Deliveries         54       247,292         ($2.64) ($20.00)   $8.00
Last Yr Jun Deliveries                217,412

Jul '19/Feb
Jul '19/Apr
Jul '19/Jun
Jul '19/Aug                  36       188,064         ($4.25)  ($4.25)  ($4.25)
Jul '19/Oct
Jul '19/Dec
Total Jul Deliveries         36       188,064         ($2.39) ($20.00)   $7.00
Last Yr Jul Deliveries                129,220

Aug '19/Feb
Aug '19/Apr
Aug '19/Jun
Aug '19/Aug                 444       223,892          $1.09  ($12.00)   $2.50
Aug '19/Oct
Aug '19/Dec
Total Aug Deliveries        444       223,892         ($2.59) ($20.00)   $6.00
Last Yr Aug Deliveries                149,546

Sep '19/Feb
Sep '19/Apr
Sep '19/Jun
Sep '19/Aug
Sep '19/Oct                 303       201,276         ($0.18) ($12.00)   $2.50
Sep '19/Dec
Total Sep Deliveries        303       201,276         ($3.65) ($21.00)   $4.00
Last Yr Sep Deliveries                186,997

Oct '19/Feb
Oct '19/Apr
Oct '19/Jun
Oct '19/Aug
Oct '19/Oct                 837       182,581          $1.51  ($12.00)   $2.50
Oct '19/Dec                                80
Total Oct Deliveries        837       182,661         ($4.37) ($22.00)   $4.00
Last Yr Oct Deliveries                170,762

Nov '19/Feb
Nov '19/Apr
Nov '19/Jun
Nov '19/Aug
Nov '19/Oct
Nov '19/Dec               4,981       183,153          $0.05  ($20.00)   $2.50
Total Nov Deliveries      4,981       183,153         ($4.33) ($22.00)   $6.00
Last Yr Nov Deliveries                205,460

Dec '19/Feb
Dec '19/Apr
Dec '19/Jun
Dec '19/Aug
Dec '19/Oct
Dec '19/Dec                 277       128,593        ($11.40) ($14.00)  ($2.00)
Total Dec Deliveries        277       128,593         ($6.78) ($20.00)   $6.00
Last Yr Dec Deliveries                163,535

Jan '20/Feb                 603        75,820        ($12.98) ($14.00)   $0.00
Jan '20/Apr
Jan '20/Jun
Jan '20/Aug
Jan '20/Oct
Jan '20/Dec
Total Jan Deliveries        603        75,820         ($9.14) ($20.00)   $7.00
Last Yr Jan Deliveries                189,572

Feb '20/Feb                 104        76,957         ($8.08) ($12.00)   $0.00
Feb '20/Apr
Feb '20/Jun
Feb '20/Aug
Feb '20/Oct
Feb '20/Dec
Total Feb Deliveries        104        76,957         ($9.50) ($20.00)   $7.00
Last Yr Feb Deliveries                168,447

Mar '20/Feb
Mar '20/Apr               1,519        71,308        ($15.11) ($17.50) ($12.00)
Mar '20/Jun
Mar '20/Aug
Mar '20/Oct
Mar '20/Dec
Total Mar Deliveries      1,519        71,308        ($10.43) ($20.00)   $7.00
Last Yr Mar Deliveries                221,475

Apr '20/Feb
Apr '20/Apr                 922        71,540        ($14.26) ($15.00) ($13.00)
Apr '20/Jun
Apr '20/Aug
Apr '20/Oct
Apr '20/Dec
Total Apr Deliveries        922        71,540        ($13.34) ($20.00)   $4.00
Last Yr Apr Deliveries                306,068

May '20/Feb
May '20/Apr
May '20/Jun                 800        28,025        ($10.84) ($12.00)  ($9.21)
May '20/Aug
May '20/Oct
May '20/Dec
Total May Deliveries        800        28,025        ($10.32) ($15.00)  ($3.35)
Last Yr May Deliveries                184,654

Jun '20/Feb
Jun '20/Apr
Jun '20/Jun                 808        23,939        ($11.91) ($12.00) ($10.00)
Jun '20/Aug
Jun '20/Oct
Jun '20/Dec
Total Jun Deliveries        808        23,939         ($9.73) ($15.00)  ($3.35)
Last Yr Jun Deliveries                247,292

Jul '20/Feb
Jul '20/Apr
Jul '20/Jun
Jul '20/Aug                 106        10,178        ($12.00) ($12.00) ($12.00)
Jul '20/Oct
Jul '20/Dec
Total Jul Deliveries        106        10,178         ($9.26) ($12.00)  ($3.35)
Last Yr Jul Deliveries                188,064

Aug '20/Feb
Aug '20/Apr
Aug '20/Jun
Aug '20/Aug                 105        10,068        ($12.00) ($12.00) ($12.00)
Aug '20/Oct
Aug '20/Dec
Total Aug Deliveries        105        10,068         ($9.25) ($16.00)  ($3.35)
Last Yr Aug Deliveries                223,892


                        D:   BASIS DISTRIBUTION

Delivery Mo./Basis Mo.

May '19/Jun
         35 head =     -12.00

Jun '19/Jun
         54 head =       0.00

Jul '19/Aug
         36 head =      -4.25

Aug '19/Aug
         35 head =     -12.00
         40 head =      -0.50
        369 head =      +2.50

Sep '19/Oct
         35 head =     -12.00
         68 head =      -2.00
        200 head =      +2.50

Oct '19/Oct
         35 head =     -12.00
         68 head =      -1.00
         34 head =       0.00
        700 head =      +2.50

Nov '19/Dec
         35 head =     -20.00
      1,078 head =      -2.00
      1,500 head =      -1.75
         68 head =       0.00
      2,300 head =      +2.50

Dec '19/Dec
        217 head =     -14.00
         60 head =      -2.00

Jan '20/Feb
        499 head =     -14.00
         70 head =     -12.00
         34 head =       0.00

Feb '20/Feb
         70 head =     -12.00
         34 head =       0.00

Mar '20/Apr
        360 head =     -17.50
        853 head =     -15.00
         96 head =     -14.00
        210 head =     -12.00

Apr '20/Apr
        450 head =     -15.00
        262 head =     -14.00
        210 head =     -13.00



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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