LM_CT153
St. Joseph, MO   Mon Oct 09, 2017    USDA Market News

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

For Week Ending Sunday, 10/08/2017

                           A:   PACKER OWNED SLAUGHTER
Domestic:
       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG
       Count       Wt Range      Carcass    Dressing%     or Better        1,2,3
      12,484      693-1,034         871       63.9          78.6          85.9

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                 50,573
  Formula                         265,175
  Negotiated                      108,288
  Negotiated Grid                  17,438

Imported:
  Forward Contract                  7,267
  Formula                              81
  Negotiated                          147
  Negotiated Grid                      81

Total Slaughtered Head Count:     449,050

                  C:    FORWARD CONTRACT PURCHASED CATTLE WEEKLY

Total New signings last week:        Cumulative Total for listed months:
             40,319                              1,301,924

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                 709       221,611          $0.00    $0.00    $0.00
Oct '17/Dec
Total Oct Deliveries        709       221,747         ($2.20) ($17.00)   $3.00
Last Yr Oct Deliveries                207,890

Nov '17/Feb
Nov '17/Apr
Nov '17/Jun
Nov '17/Aug
Nov '17/Oct                                39
Nov '17/Dec               2,362       235,796         ($0.64) ($20.00)   $1.00
Total Nov Deliveries      2,362       235,905         ($1.77) ($20.00)   $3.00
Last Yr Nov Deliveries                203,032

Dec '17/Feb
Dec '17/Apr
Dec '17/Jun
Dec '17/Aug
Dec '17/Oct                                39
Dec '17/Dec               1,583       163,037         ($8.22) ($20.00)  ($0.50)
Total Dec Deliveries      1,583       163,076         ($3.18) ($20.00)   $3.00
Last Yr Dec Deliveries                216,897

Jan '18/Feb               3,767       127,775         ($8.69) ($20.00)   $1.00
Jan '18/Apr
Jan '18/Jun
Jan '18/Aug
Jan '18/Oct
Jan '18/Dec
Total Jan Deliveries      3,767       127,775         ($4.04) ($20.00)   $4.00
Last Yr Jan Deliveries                245,294

Feb '18/Feb               8,322       109,283          $0.39  ($20.00)   $3.61
Feb '18/Apr
Feb '18/Jun
Feb '18/Aug
Feb '18/Oct
Feb '18/Dec
Total Feb Deliveries      8,322       109,283         ($4.42) ($20.00)   $4.00
Last Yr Feb Deliveries                256,918

Mar '18/Feb
Mar '18/Apr               5,754       104,237          $0.71  ($17.00)   $7.37
Mar '18/Jun
Mar '18/Aug
Mar '18/Oct
Mar '18/Dec
Total Mar Deliveries      5,754       104,237         ($4.45) ($17.00)   $7.37
Last Yr Mar Deliveries                213,225

Apr '18/Feb
Apr '18/Apr               4,683       115,279         ($0.90) ($20.00)   $7.00
Apr '18/Jun
Apr '18/Aug
Apr '18/Oct
Apr '18/Dec
Total Apr Deliveries      4,683       115,279         ($4.68) ($20.00)   $7.00
Last Yr Apr Deliveries                350,167

May '18/Feb
May '18/Apr
May '18/Jun                 790        50,924         ($8.19) ($12.00)   $4.00
May '18/Aug
May '18/Oct
May '18/Dec
Total May Deliveries        790        50,924         ($5.09) ($14.00)   $8.00
Last Yr May Deliveries                246,879

Jun '18/Feb
Jun '18/Apr
Jun '18/Jun               2,606        57,181         ($6.93) ($15.00)   $0.00
Jun '18/Aug
Jun '18/Oct
Jun '18/Dec
Total Jun Deliveries      2,606        57,181         ($6.68) ($15.00)   $4.00
Last Yr Jun Deliveries                302,378

Jul '18/Feb
Jul '18/Apr
Jul '18/Jun
Jul '18/Aug               2,622        26,265         ($1.83) ($13.00)   $6.27
Jul '18/Oct
Jul '18/Dec
Total Jul Deliveries      2,622        26,265         ($7.11) ($15.00)   $6.27
Last Yr Jul Deliveries                139,619

Aug '18/Feb
Aug '18/Apr
Aug '18/Jun
Aug '18/Aug                 642        28,265         ($3.72) ($12.00)   $5.74
Aug '18/Oct
Aug '18/Dec
Total Aug Deliveries        642        28,265         ($8.35) ($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               1,068        16,952         ($4.86) ($12.00)   $3.09
Sep '18/Dec
Total Sep Deliveries      1,068        16,952         ($9.35) ($15.50)   $3.09
Last Yr Sep Deliveries                251,718

Oct '18/Feb
Oct '18/Apr
Oct '18/Jun
Oct '18/Aug
Oct '18/Oct               2,431        15,293         ($5.75) ($12.00)   $1.50
Oct '18/Dec
Total Oct Deliveries      2,431        15,293         ($9.69) ($15.00)   $1.50
Last Yr Oct Deliveries                221,747

Nov '18/Feb
Nov '18/Apr
Nov '18/Jun
Nov '18/Aug
Nov '18/Oct
Nov '18/Dec               1,346        11,652         ($8.79) ($12.00)   $1.00
Total Nov Deliveries      1,346        11,652         ($9.79) ($15.00)   $1.00
Last Yr Nov Deliveries                235,905

Dec '18/Feb
Dec '18/Apr
Dec '18/Jun
Dec '18/Aug
Dec '18/Oct
Dec '18/Dec               1,166        13,311        ($12.00) ($12.00) ($12.00)
Total Dec Deliveries      1,166        13,311        ($10.30) ($15.00)  ($1.00)
Last Yr Dec Deliveries                163,076

Jan '19/Feb                 468         4,779        ($12.00) ($12.00) ($12.00)
Jan '19/Apr
Jan '19/Jun
Jan '19/Aug
Jan '19/Oct
Jan '19/Dec
Total Jan Deliveries        468         4,779        ($10.81) ($12.00)  ($3.00)
Last Yr Jan Deliveries                127,775


                        D:   BASIS DISTRIBUTION

Delivery Mo./Basis Mo.

Oct '17/Oct
        709 head =       0.00

Nov '17/Dec
         35 head =     -20.00
        884 head =      -2.00
        239 head =      -1.00
      1,204 head =      +1.00

Dec '17/Dec
         35 head =     -20.00
        680 head =     -16.00
         35 head =     -11.50
         38 head =      -2.00
        564 head =      -1.50
        231 head =      -0.50

Jan '18/Feb
      1,166 head =     -20.00
        480 head =     -15.50
         39 head =     -12.00
         70 head =      -4.00
         65 head =      -1.50
      1,277 head =      -1.00
        115 head =      -0.50
        283 head =       0.00
        136 head =      +0.50
        136 head =      +1.00

Feb '18/Feb
         35 head =     -20.00
        280 head =     -15.00
         35 head =     -10.00
         36 head =      -8.10
         41 head =      -4.00
        548 head =      -1.00
        241 head =      -0.50
      2,505 head =       0.00
        991 head =      +0.50
      2,074 head =      +1.75
         36 head =      +2.00
      1,500 head =      +3.61

Mar '18/Apr
         70 head =     -17.00
         74 head =     -12.00
        396 head =     -10.00
         41 head =      -4.00
         38 head =      -3.00
      2,276 head =       0.00
        314 head =      +1.00
      1,509 head =      +1.75
         36 head =      +2.00
      1,000 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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