National Weekly Direct Slaughter Cattle Report - Formulated and Forward Contract
USDA - Mon Apr 15, 11:22AM CDT
LM_CT151
St Joseph, MO    Mon Apr 15, 2019    USDA Market News Service

NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE REPORT - FORMULATED AND FORWARD CONTRACT
For Cattle Price During The Week Ending Sunday, 04/14/2019

                               DOMESTIC CATTLE ONLY

                        Dressed:  Live:   Total: Total Week Ago: Total Year Ago:
Formula Net:            236,817  28,898  265,715       267,293        247,145
Negotiated Grid Net:     15,936     551   16,487        21,102         16,297
Forward Contract Net:    32,342  13,890   46,232        44,198         49,119

                           FORMULA NET:  Dressed Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice   65,705     63.8     720-1,026     901   190.21-244.03   205.50
65 - 80% Choice   36,674     64.2     641-983       860   179.51-212.55   199.60
35 - 65% Choice   19,576     64.4     601-983       837   173.45-212.75   196.73
 0 - 35% Choice      545     63.7     746-860       812   190.97-195.40   192.37
Total all grades 122,500     64.0     601-1,026     878   173.45-244.03   202.27
HEIFER
Over 80% Choice   57,179     63.8     659-937       799   188.56-243.38   204.09
65 - 80% Choice   15,863     64.0     647-911       762   180.93-214.28   199.70
35 - 65% Choice    3,326     63.9     641-907       732   173.00-201.23   195.85
 0 - 35% Choice      102     64.0     692-748       747   195.09-199.31   199.19
Total all grades  76,470     63.9     641-937       788   173.00-243.38   202.82
MIXED STEER/HEIFER
Over 80% Choice   13,892     63.3     680-1,025     813   178.83-238.37   204.63
65 - 80% Choice    4,024     63.0     685-946       791   180.58-209.52   200.22
35 - 65% Choice    2,201     63.1     662-975       805   174.70-209.21   197.40
 0 - 35% Choice      113     58.5     619-918       730   175.26-196.94   188.48
Total all grades  20,230     63.2     619-1,025     807   174.70-238.37   202.87
ALL STEERS & HEIFERS
Total all grades 219,200     63.9     601-1,026     840   173.00-244.03   202.52
MIXED STEER/HEIFER/COW
Over 80% Choice    1,826     63.6     720-941       818   177.67-205.46   199.29
65 - 80% Choice      804     62.5     732-928       833   171.41-200.20   193.16
35 - 65% Choice      763     60.3     721-955       876   166.29-193.64   177.93
 0 - 35% Choice    2,121     59.1     696-1,056     915   160.90-195.52   169.28
Total all grades   5,514     61.2     696-1,056     865   160.90-205.46   183.90
DAIRYBRED STEER/HEIFER
Over 80% Choice    4,082     61.8     744-921       840   175.00-207.21   191.19
65 - 80% Choice    5,211     60.8     660-904       816   164.34-195.63   185.46
35 - 65% Choice    2,719     60.8     697-896       826   174.34-191.42   185.97
 0 - 35% Choice       91     59.1     737-737       737   187.58-187.58   187.58
Total all grades  12,103     61.1     660-921       826   164.34-207.21   187.52

                            FORMULA NET:  Live Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice    4,065     62.7   1,152-1,581   1,417   123.91-145.62   129.11
65 - 80% Choice    4,118     63.6   1,157-1,469   1,329   122.50-128.00   126.03
35 - 65% Choice    3,026     63.9   1,186-1,484   1,241   123.90-128.00   124.93
 0 - 35% Choice                          -                      -
Total all grades  11,209     63.3   1,152-1,581   1,337   122.50-145.62   126.85
HEIFER
Over 80% Choice    2,876     63.3   1,117-1,456   1,280   123.90-140.97   128.70
65 - 80% Choice    2,091     62.6   1,051-1,442   1,213   123.98-127.50   125.76
35 - 65% Choice      681     63.7   1,096-1,209   1,143   124.00-126.00   125.79
 0 - 35% Choice                          -                      -
Total all grades   5,648     63.1   1,051-1,456   1,238   123.90-140.97   127.26
MIXED STEER/HEIFER
Over 80% Choice    2,322     63.4   1,059-1,482   1,344   119.90-150.86   129.20
65 - 80% Choice    3,608     62.8   1,071-1,512   1,249   121.90-127.00   125.08
35 - 65% Choice    2,066     62.8   1,044-1,436   1,221   124.00-126.00   124.79
 0 - 35% Choice                          -                      -
Total all grades   7,996     63.0   1,044-1,512   1,269   119.90-150.86   126.20
ALL STEERS & HEIFERS
Total all grades  24,853     63.2   1,044-1,581   1,293   119.90-150.86   126.73
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      738     60.6   1,354-1,462   1,403   101.56-118.34   114.52
65 - 80% Choice    2,362     60.1   1,201-1,468   1,366   102.57-118.34   110.12
35 - 65% Choice      945     60.1   1,251-1,525   1,404   100.91-118.34   116.24
 0 - 35% Choice                          -                      -
Total all grades   4,045     60.2   1,201-1,525   1,381   100.91-118.34   112.35

                       NEGOTIATED GRID NET:  Dressed Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice    5,073     63.3     651-1,103     908   177.29-211.29   205.42
65 - 80% Choice    1,767     64.4     760-1,042     896   159.82-210.49   203.49
35 - 65% Choice    1,129     62.7     668-923       843   173.71-214.04   194.37
 0 - 35% Choice                          -                      -
Total all grades   7,969     63.5     651-1,103     896   159.82-214.04   203.43
HEIFER
Over 80% Choice      660     63.1     707-1,008     835   182.80-214.02   205.22
65 - 80% Choice      282     62.9     590-933       748   189.74-199.29   196.75
35 - 65% Choice      294     60.7     729-833       785   188.28-211.02   198.96
 0 - 35% Choice                          -                      -
Total all grades   1,236     62.5     590-1,008     803   182.80-214.02   201.79
MIXED STEER/HEIFER
Over 80% Choice    2,530     62.5     683-968       813   194.56-214.90   205.93
65 - 80% Choice    1,857     60.8     696-913       821   181.95-210.43   200.36
35 - 65% Choice      427     61.4     728-909       819   176.69-204.95   192.55
 0 - 35% Choice                          -                      -
Total all grades   4,814     61.7     683-968       817   176.69-214.90   202.59
ALL STEERS & HEIFERS
Total all grades  14,019     62.8     590-1,103     861   159.82-214.90   203.00
MIXED STEER/HEIFER/COW
Over 80% Choice                          -                      -
65 - 80% Choice                          -                      -
35 - 65% Choice       93     61.1     929-929       929   144.81-144.81   144.81
 0 - 35% Choice      248     60.5     986-1,067   1,037   148.66-154.13   151.64
Total all grades     341     60.6     929-1,067   1,007   144.81-154.13   149.78
DAIRYBRED STEER/HEIFER
Over 80% Choice    1,153     59.1     634-1,020     847   140.17-169.56   154.01
65 - 80% Choice      281     58.5     709-865       798   140.76-157.31   151.64
35 - 65% Choice      142     58.4     695-820       787   141.86-175.11   154.10
 0 - 35% Choice                          -                      -
Total all grades   1,576     58.9     634-1,020     833   140.17-175.11   153.59

                        NEGOTIATED GRID NET:  Live Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice                          -                      -
65 - 80% Choice      296     63.7   1,431-1,463   1,447   127.00-127.00   127.00
35 - 65% Choice                          -                      -
 0 - 35% Choice                          -                      -
Total all grades     296     63.7   1,431-1,463   1,447   127.00-127.00   127.00
HEIFER
Over 80% Choice       85     62.4   1,291-1,291   1,291   128.20-128.20   128.20
65 - 80% Choice                          -                      -
35 - 65% Choice                          -                      -
 0 - 35% Choice                          -                      -
Total all grades      85     62.4   1,291-1,291   1,291   128.20-128.20   128.20
MIXED STEER/HEIFER
  No Reportable Trade.
ALL STEERS & HEIFERS
Total all grades     381     63.4   1,291-1,463   1,412   127.00-128.20   127.27
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice      170     60.6   1,350-1,350   1,350   108.39-108.39   108.39
65 - 80% Choice                          -                      -
35 - 65% Choice                          -                      -
 0 - 35% Choice                          -                      -
Total all grades     170     60.6   1,350-1,350   1,350   108.39-108.39   108.39

                      FORWARD CONTRACT NET:  Dressed Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice    2,726     63.8     657-1,051     914   184.22-207.00   201.06
65 - 80% Choice      844     63.1     741-964       880   184.68-206.66   200.84
35 - 65% Choice    1,002     64.0     743-894       831   192.27-206.47   200.09
 0 - 35% Choice      189     64.7     843-843       843   195.45-195.45   195.45
Total all grades   4,761     63.8     657-1,051     888   184.22-207.00   200.59
HEIFER
Over 80% Choice    4,728     63.5     729-919       811   185.64-215.34   200.11
65 - 80% Choice      861     63.8     745-860       806   197.20-206.27   201.62
35 - 65% Choice      318     63.5     724-772       756   187.55-204.85   198.53
 0 - 35% Choice                          -                      -
Total all grades   5,907     63.5     724-919       807   185.64-215.34   200.24
MIXED STEER/HEIFER
Over 80% Choice    1,303     63.1     727-920       870   182.30-207.10   199.44
65 - 80% Choice      438     62.5     722-982       800   189.56-204.03   194.13
35 - 65% Choice                          -                      -
 0 - 35% Choice                          -                      -
Total all grades   1,741     63.0     722-982       853   182.30-207.10   198.10
ALL STEERS & HEIFERS
Total all grades  12,409     63.5     657-1,051     845   182.30-215.34   200.08
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice   14,646     60.3     705-972       838   156.75-209.57   181.20
65 - 80% Choice    3,574     59.6     683-907       816   154.09-190.68   175.64
35 - 65% Choice    1,485     59.3     633-878       792   152.96-185.51   174.13
 0 - 35% Choice      228     59.3     768-768       768   176.61-176.61   176.61
Total all grades  19,933     60.1     633-972       830   152.96-209.57   179.62

                        FORWARD CONTRACT NET:  Live Basis

                  Head    Wtd Avg       Weight     Avg       Price       Avg Net
                  Count  Dress Pct      Range       Wt       Range        Price
STEER
Over 80% Choice    2,440     63.4   1,102-1,719   1,351   119.57-130.00   124.24
65 - 80% Choice    4,757     62.6   1,152-1,461   1,345   119.57-130.75   126.60
35 - 65% Choice    1,409     63.6   1,221-1,357   1,262   121.90-130.75   127.36
 0 - 35% Choice                          -                      -
Total all grades   8,606     63.0   1,102-1,719   1,333   119.57-130.75   126.06
HEIFER
Over 80% Choice    2,179     63.1   1,132-1,344   1,247   115.55-150.33   129.02
65 - 80% Choice    1,607     62.5   1,158-1,387   1,317   119.58-127.30   126.26
35 - 65% Choice       37     64.2   1,292-1,292   1,292   123.57-123.57   123.57
 0 - 35% Choice                          -                      -
Total all grades   3,823     62.8   1,132-1,387   1,277   115.55-150.33   127.81
MIXED STEER/HEIFER
Over 80% Choice      468     62.9   1,200-1,463   1,304   123.65-137.12   129.16
65 - 80% Choice      110     64.4   1,385-1,385   1,385   127.30-127.30   127.30
35 - 65% Choice                          -                      -
 0 - 35% Choice                          -                      -
Total all grades     578     63.2   1,200-1,463   1,319   123.65-137.12   128.80
ALL STEERS & HEIFERS
Total all grades  13,007     63.0   1,102-1,719   1,316   115.55-150.33   126.69
MIXED STEER/HEIFER/COW
  No Reportable Trade.
DAIRYBRED STEER/HEIFER
Over 80% Choice                          -                      -
65 - 80% Choice       81     60.7   1,350-1,350   1,350   109.25-109.25   109.25
35 - 65% Choice      802     60.3   1,333-1,500   1,368   105.50-116.00   111.46
 0 - 35% Choice                          -                      -
Total all grades     883     60.4   1,333-1,500   1,366   105.50-116.00   111.26

--------------------------------------------------------------------------------

REGIONAL SECTION:
                      ALL STEERS AND HEIFERS (BEEF BREEDS)
                             FORMULA: Dressed Basis
                          Head       Week     Avg        Avg     Week
                          Count      Ago      Weight   Price     Ago
TX/OK/NM                73,899    76,175        829    198.57    201.53
KANSAS                  66,199    63,569        830    199.13    202.99
NEBRASKA                33,244    35,092        856    210.29    211.03
COLORADO                22,452    17,917        862    209.91    211.14
WESTERN CORNBELT        11,326    13,974        882    207.41    208.58
 TOTAL 5-AREA          206,682   206,392        840    202.33    204.90
N.CENTRAL/E.MT           3,266     3,375        859    211.91    216.39
WESTERN STATES           7,729     7,670        838    202.87    204.15
EASTERN CORNBELT           929       609        822    206.01    205.95
NORTHEASTERN STATE         116       120        782    204.66    207.26

                               FORMULA: Live Basis
                          Head       Week     Avg        Avg     Week
                          Count      Ago      Weight   Price     Ago
TX/OK/NM                12,705    13,229      1,241    126.26    128.25
KANSAS                   2,877     3,197      1,350    124.69    127.20
NEBRASKA                 3,189     2,903      1,378    129.56    131.59
COLORADO                 5,469     6,028      1,331    126.77    128.97
WESTERN CORNBELT           235       206      1,309    128.85    129.68
 TOTAL 5-AREA           24,475    25,563      1,292    126.64    128.68
N.CENTRAL/E.MT              75       301      1,367    150.86    134.53
WESTERN STATES              67                1,195    125.49
EASTERN CORNBELT            12                1,353    127.00
NORTHEASTERN STATE         224       178      1,370    129.07    129.19

                             CONTRACT: Dressed Basis
                          Head       Week     Avg        Avg     Week
                          Count      Ago      Weight   Price     Ago
TX/OK/NM                 2,741     3,009        880    201.76    200.49
KANSAS                   1,720     1,929        823    201.28    200.84
NEBRASKA                 2,334     4,032        846    200.11    200.77
COLORADO                 1,134     1,594        843    200.25    201.44
WESTERN CORNBELT         2,733     1,383        845    199.95    198.54
 TOTAL 5-AREA           10,662    11,867        851    200.70    200.57
N.CENTRAL/E.MT             312       240        903    195.06    194.62
WESTERN STATES             738       623        763    196.27    196.84
EASTERN CORNBELT           233       176        811    193.98    199.80
NORTHEASTERN STATE         464       318        813    198.29    196.81

                              CONTRACT: Live Basis
                          Head       Week     Avg        Avg     Week
                          Count      Ago      Weight   Price     Ago
TX/OK/NM                 3,914     1,667      1,249    125.04    128.12
KANSAS                     135       382      1,297    127.30    127.86
NEBRASKA                 7,071     8,454      1,337    128.08    128.46
COLORADO
WESTERN CORNBELT           972       724      1,394    125.32    125.56
 TOTAL 5-AREA           12,016    11,227      1,313    126.88    128.20
N.CENTRAL/E.MT                       139                         129.99
WESTERN STATES
EASTERN CORNBELT           700       117      1,368    124.93    122.23
NORTHEASTERN STATE         215        40      1,341    122.78    125.60

                         NEGOTIATED GRID: Dressed Basis
                          Head       Week     Avg        Avg     Week
                          Count      Ago      Weight   Price     Ago
TX/OK/NM                 2,234     1,251        851    197.15    199.21
KANSAS                     181        91        813    197.07    203.24
NEBRASKA                 3,975     6,960        886    205.31    205.56
COLORADO                    83       261        668    174.39    199.92
WESTERN CORNBELT         3,872     6,663        896    205.64    205.12
 TOTAL 5-AREA           10,099    15,077        881    203.13    204.66
N.CENTRAL/E.MT           1,335     1,156        824    202.07    204.21
WESTERN STATES             140        16        820    193.99    195.28
EASTERN CORNBELT         1,520     2,283        797    205.23    203.91
NORTHEASTERN STATE         623       386        811    197.56    190.24

                           NEGOTIATED GRID: Live Basis
                          Head       Week     Avg        Avg     Week
                          Count      Ago      Weight   Price     Ago
TX/OK/NM                              51                         123.17
KANSAS
NEBRASKA                   381       274      1,412    127.27    126.39
COLORADO
WESTERN CORNBELT
 TOTAL 5-AREA              381       325      1,412    127.27    125.88
N.CENTRAL/E.MT
WESTERN STATES
EASTERN CORNBELT
NORTHEASTERN STATE


-------------------------------------------------------------------
Regional Breakdown:
  WESTERN CORNBELT - IA,MN,MO.
  TOTAL 5-AREA - CO,IA,KS,MN,NE,NM,OK,TX
  N.CENTRAL/E.MT - MT,ND,SD,WY.
  WESTERN STATES - AZ,CA,ID,NV,OR,UT,WA.
  EASTERN CORNBELT - IL,IN,KY,MI,WI.
  NORTHEASTERN STATES - CT,DE,MA,MD,ME,NH,NJ,NY,OH,PA,RI,WV,VA,VT.
-------------------------------------------------------------------


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

1130C






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