LM_CT153
St. Joseph, MO   Mon Oct 02, 2017    USDA Market News

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

For Week Ending Sunday, 10/01/2017

                           A:   PACKER OWNED SLAUGHTER
Domestic:
       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG
       Count       Wt Range      Carcass    Dressing%     or Better        1,2,3
      12,595      738-1,024         860       64.1          77.2          84.2

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                 44,120
  Formula                         275,768
  Negotiated                      120,450
  Negotiated Grid                  20,183

Imported:
  Forward Contract                  7,106
  Formula                             590
  Negotiated                          102
  Negotiated Grid                      94

Total Slaughtered Head Count:     468,413

                  C:    FORWARD CONTRACT PURCHASED CATTLE WEEKLY

Total New signings last week:        Cumulative Total for listed months:
             57,957                              1,261,644

Delivery Mo./Basis Mo.   New Last  Cumulative Total   Basis Wtd   Basis Level
                           Week       For Month          Avg      Min     Max
Oct '17/Feb
Oct '17/Apr
Oct '17/Jun
Oct '17/Aug                               136
Oct '17/Oct                  30       220,902          $0.00    $0.00    $0.00
Oct '17/Dec
Total Oct Deliveries         30       221,038         ($2.21) ($17.00)   $3.00
Last Yr Oct Deliveries                208,694

Nov '17/Feb
Nov '17/Apr
Nov '17/Jun
Nov '17/Aug
Nov '17/Oct                                39
Nov '17/Dec               6,396       233,434         ($1.80)  ($4.00)  ($1.00)
Total Nov Deliveries      6,396       233,543         ($1.78) ($20.00)   $3.00
Last Yr Nov Deliveries                203,256

Dec '17/Feb
Dec '17/Apr
Dec '17/Jun
Dec '17/Aug
Dec '17/Oct                                39
Dec '17/Dec               1,494       161,454         ($4.20) ($16.00)   $0.50
Total Dec Deliveries      1,494       161,493         ($3.13) ($20.00)   $3.00
Last Yr Dec Deliveries                217,404

Jan '18/Feb               3,452       124,008         ($0.89) ($11.00)   $1.00
Jan '18/Apr
Jan '18/Jun
Jan '18/Aug
Jan '18/Oct
Jan '18/Dec
Total Jan Deliveries      3,452       124,008         ($3.90) ($17.00)   $4.00
Last Yr Jan Deliveries                246,159

Feb '18/Feb               3,171       101,035         ($1.18) ($14.00)   $1.00
Feb '18/Apr
Feb '18/Jun
Feb '18/Aug
Feb '18/Oct
Feb '18/Dec
Total Feb Deliveries      3,171       101,035         ($4.81) ($18.00)   $4.00
Last Yr Feb Deliveries                257,432

Mar '18/Feb
Mar '18/Apr              10,876        98,483          $3.72   ($1.00)   $7.37
Mar '18/Jun
Mar '18/Aug
Mar '18/Oct
Mar '18/Dec
Total Mar Deliveries     10,876        98,483         ($4.75) ($17.00)   $7.37
Last Yr Mar Deliveries                213,225

Apr '18/Feb
Apr '18/Apr               9,572       110,561          $1.70  ($14.00)   $6.06
Apr '18/Jun
Apr '18/Aug
Apr '18/Oct
Apr '18/Dec
Total Apr Deliveries      9,572       110,561         ($4.84) ($20.00)   $6.06
Last Yr Apr Deliveries                350,167

May '18/Feb
May '18/Apr
May '18/Jun               7,552        50,134         ($4.43) ($12.00)   $6.50
May '18/Aug
May '18/Oct
May '18/Dec
Total May Deliveries      7,552        50,134         ($5.05) ($14.00)   $8.00
Last Yr May Deliveries                246,879

Jun '18/Feb
Jun '18/Apr
Jun '18/Jun               4,172        54,575         ($8.10) ($12.00)   $3.00
Jun '18/Aug
Jun '18/Oct
Jun '18/Dec
Total Jun Deliveries      4,172        54,575         ($6.67) ($15.00)   $4.00
Last Yr Jun Deliveries                302,378

Jul '18/Feb
Jul '18/Apr
Jul '18/Jun
Jul '18/Aug               1,021        23,643         ($7.03) ($12.00)   $6.27
Jul '18/Oct
Jul '18/Dec
Total Jul Deliveries      1,021        23,643         ($7.70) ($15.00)   $6.27
Last Yr Jul Deliveries                139,619

Aug '18/Feb
Aug '18/Apr
Aug '18/Jun
Aug '18/Aug               1,651        27,623         ($9.18) ($12.00)   $5.74
Aug '18/Oct
Aug '18/Dec
Total Aug Deliveries      1,651        27,623         ($8.46) ($15.00)   $5.74
Last Yr Aug Deliveries                227,403

Sep '18/Feb
Sep '18/Apr
Sep '18/Jun
Sep '18/Aug
Sep '18/Oct               2,608        15,884        ($10.63) ($12.00)  ($2.00)
Sep '18/Dec
Total Sep Deliveries      2,608        15,884         ($9.65) ($15.50)  ($1.00)
Last Yr Sep Deliveries                251,718

Oct '18/Feb
Oct '18/Apr
Oct '18/Jun
Oct '18/Aug
Oct '18/Oct               1,404        12,862        ($12.00) ($12.00) ($12.00)
Oct '18/Dec
Total Oct Deliveries      1,404        12,862        ($10.43) ($15.00)  ($1.00)
Last Yr Oct Deliveries                221,038

Nov '18/Feb
Nov '18/Apr
Nov '18/Jun
Nov '18/Aug
Nov '18/Oct
Nov '18/Dec               1,733        10,306         ($7.46) ($12.00)  ($3.00)
Total Nov Deliveries      1,733        10,306         ($9.92) ($15.00)  ($3.00)
Last Yr Nov Deliveries                233,543

Dec '18/Feb
Dec '18/Apr
Dec '18/Jun
Dec '18/Aug
Dec '18/Oct
Dec '18/Dec               2,552        12,145         ($8.91) ($12.00)  ($3.00)
Total Dec Deliveries      2,552        12,145        ($10.14) ($15.00)  ($1.00)
Last Yr Dec Deliveries                161,493

Jan '19/Feb                 273         4,311        ($12.00) ($12.00) ($12.00)
Jan '19/Apr
Jan '19/Jun
Jan '19/Aug
Jan '19/Oct
Jan '19/Dec
Total Jan Deliveries        273         4,311        ($10.68) ($12.00)  ($3.00)
Last Yr Jan Deliveries                124,008


                        D:   BASIS DISTRIBUTION

Delivery Mo./Basis Mo.

Oct '17/Oct
         30 head =       0.00

Nov '17/Dec
         34 head =      -4.00
      1,798 head =      -2.50
      1,540 head =      -2.00
      1,500 head =      -1.50
      1,524 head =      -1.00

Dec '17/Dec
        230 head =     -16.00
        136 head =      -8.00
         35 head =      -2.00
        776 head =      -1.50
        285 head =      -1.00
         32 head =      +0.50

Jan '18/Feb
         35 head =     -11.00
        102 head =      -8.00
         38 head =      -2.00
         38 head =      -1.50
      1,925 head =      -1.00
      1,135 head =       0.00
        179 head =      +1.00

Feb '18/Feb
        250 head =     -14.00
        656 head =      -1.00
        102 head =      -0.75
      1,676 head =       0.00
        487 head =      +1.00

Mar '18/Apr
        246 head =      -1.00
        652 head =       0.00
        675 head =      +1.00
      1,466 head =      +2.00
      4,262 head =      +3.00
        575 head =      +3.80
      3,000 head =      +7.37



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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