National Weekly Direct Slaughter Cattle - Packer Owned Cattle
LM_CT153
St. Joseph, MO   Mon Feb 11, 2019    USDA Market News

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

For Week Ending Sunday, 02/10/2019

                           A:   PACKER OWNED SLAUGHTER
Domestic:
       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG
       Count       Wt Range      Carcass    Dressing%     or Better        1,2,3
       7,085      742-1,007         849       63.7          78.8          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                 27,396
  Formula                         273,182
  Negotiated                      111,350
  Negotiated Grid                  17,004

Imported:
  Forward Contract                  5,865
  Formula                              28
  Negotiated                          242
  Negotiated Grid                       0

Total Slaughtered Head Count:     435,067

                  C:    FORWARD CONTRACT PURCHASED CATTLE WEEKLY

Total New signings last week:        Cumulative Total for listed months:
             44,646                              1,566,374

Delivery Mo./Basis Mo.   New Last  Cumulative Total   Basis Wtd   Basis Level
                           Week       For Month          Avg      Min     Max
Feb '19/Feb                 700       167,441         ($1.00)  ($1.00)  ($1.00)
Feb '19/Apr
Feb '19/Jun
Feb '19/Aug
Feb '19/Oct
Feb '19/Dec
Total Feb Deliveries        700       167,441         ($4.24) ($25.00)   $8.00
Last Yr Feb Deliveries                165,577

Mar '19/Feb
Mar '19/Apr                 369       191,827         ($0.45)  ($1.00)   $0.00
Mar '19/Jun                               160
Mar '19/Aug
Mar '19/Oct
Mar '19/Dec
Total Mar Deliveries        369       192,026         ($3.77) ($25.00)   $8.50
Last Yr Mar Deliveries                170,058

Apr '19/Feb
Apr '19/Apr               3,187       259,766        ($10.13) ($18.00)   $1.00
Apr '19/Jun
Apr '19/Aug
Apr '19/Oct
Apr '19/Dec
Total Apr Deliveries      3,187       259,766         ($3.87) ($25.00)   $8.50
Last Yr Apr Deliveries                246,246

May '19/Feb
May '19/Apr
May '19/Jun               2,328       143,596          $2.51  ($15.00)   $5.00
May '19/Aug
May '19/Oct
May '19/Dec
Total May Deliveries      2,328       143,596         ($3.17) ($25.00)  $14.00
Last Yr May Deliveries                202,537

Jun '19/Feb
Jun '19/Apr
Jun '19/Jun               4,669       151,828          $1.18  ($14.00)   $3.00
Jun '19/Aug
Jun '19/Oct
Jun '19/Dec
Total Jun Deliveries      4,669       151,828         ($4.59) ($20.00)   $8.00
Last Yr Jun Deliveries                235,732

Jul '19/Feb
Jul '19/Apr
Jul '19/Jun
Jul '19/Aug               2,609        84,113          $0.39  ($17.00)   $3.98
Jul '19/Oct
Jul '19/Dec
Total Jul Deliveries      2,609        84,113         ($5.99) ($20.00)   $7.00
Last Yr Jul Deliveries                136,150

Aug '19/Feb
Aug '19/Apr
Aug '19/Jun
Aug '19/Aug               2,253        93,867         ($1.43) ($15.00)   $2.32
Aug '19/Oct
Aug '19/Dec
Total Aug Deliveries      2,253        93,867         ($5.83) ($20.00)   $6.00
Last Yr Aug Deliveries                156,210

Sep '19/Feb
Sep '19/Apr
Sep '19/Jun
Sep '19/Aug
Sep '19/Oct               8,987       122,565          $0.66  ($15.00)   $4.00
Sep '19/Dec
Total Sep Deliveries      8,987       122,565         ($4.68) ($21.00)   $4.00
Last Yr Sep Deliveries                187,036

Oct '19/Feb
Oct '19/Apr
Oct '19/Jun
Oct '19/Aug
Oct '19/Oct               6,044        96,534         ($0.44) ($17.00)   $4.00
Oct '19/Dec
Total Oct Deliveries      6,044        96,534         ($6.66) ($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               3,995        70,492         ($4.70) ($15.00)   $0.00
Total Nov Deliveries      3,995        70,492         ($7.98) ($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               2,872        60,561         ($8.39) ($15.00)  ($1.00)
Total Dec Deliveries      2,872        60,561         ($9.36) ($18.00)   $6.00
Last Yr Dec Deliveries                163,654

Jan '20/Feb               2,363        40,334         ($6.85) ($15.00)   $6.00
Jan '20/Apr
Jan '20/Jun
Jan '20/Aug
Jan '20/Oct
Jan '20/Dec
Total Jan Deliveries      2,363        40,334         ($8.08) ($17.00)   $7.00
Last Yr Jan Deliveries                189,572

Feb '20/Feb               1,844        35,751         ($5.28) ($15.00)   $6.00
Feb '20/Apr
Feb '20/Jun
Feb '20/Aug
Feb '20/Oct
Feb '20/Dec
Total Feb Deliveries      1,844        35,751         ($7.29) ($17.00)   $7.00
Last Yr Feb Deliveries                167,441

Mar '20/Feb
Mar '20/Apr               1,659        26,515         ($5.38) ($15.00)   $6.00
Mar '20/Jun
Mar '20/Aug
Mar '20/Oct
Mar '20/Dec
Total Mar Deliveries      1,659        26,515         ($7.60) ($17.00)   $7.00
Last Yr Mar Deliveries                192,026

Apr '20/Feb
Apr '20/Apr                 767        20,145        ($15.73) ($16.00) ($13.00)
Apr '20/Jun
Apr '20/Aug
Apr '20/Oct
Apr '20/Dec
Total Apr Deliveries        767        20,145        ($13.79) ($17.00)  ($3.35)
Last Yr Apr Deliveries                259,766

May '20/Feb
May '20/Apr
May '20/Jun                               840
May '20/Aug
May '20/Oct
May '20/Dec
Total May Deliveries                      840         ($3.35)  ($3.35)  ($3.35)
Last Yr May Deliveries                143,596


                        D:   BASIS DISTRIBUTION

Delivery Mo./Basis Mo.

Feb '19/Feb
        700 head =      -1.00

Mar '19/Apr
         80 head =      -1.00
        171 head =      -0.50
        118 head =       0.00

Apr '19/Apr
      1,515 head =     -18.00
        360 head =     -14.00
         70 head =      -1.00
         78 head =      -0.50
        912 head =       0.00
        213 head =      +0.50
         39 head =      +1.00

May '19/Jun
        145 head =     -15.00
        186 head =      +1.00
         55 head =      +2.50
      1,002 head =      +3.00
        940 head =      +5.00

Jun '19/Jun
         35 head =     -14.00
      1,619 head =       0.00
        267 head =      +1.00
        525 head =      +1.50
      1,426 head =      +2.00
        562 head =      +2.50
         90 head =      +2.95
        145 head =      +3.00

Jul '19/Aug
         34 head =     -17.00
        140 head =     -15.00
         70 head =     -12.00
         33 head =      -1.50
      1,544 head =      +1.00
         88 head =      +3.00
        700 head =      +3.98

Aug '19/Aug
        105 head =     -15.00
         91 head =     -14.00
         70 head =     -12.00
        341 head =      -1.00
      1,296 head =       0.00
        350 head =      +2.32

Sep '19/Oct
        490 head =     -15.00
         78 head =      -5.00
      1,070 head =      -2.00
        390 head =      -1.50
      1,477 head =      -1.00
        762 head =       0.00
        126 head =      +1.00
        594 head =      +3.00
      4,000 head =      +4.00

Oct '19/Oct
         34 head =     -17.00
        425 head =     -15.00
        245 head =     -12.00
        805 head =      -2.00
         33 head =      -1.50
        320 head =      -1.29
      1,276 head =      -1.00
        256 head =       0.00
      2,650 head =      +4.00

Nov '19/Dec
        621 head =     -15.00
        388 head =     -14.00
         70 head =     -12.00
      1,000 head =      -2.00
        954 head =      -1.00
        290 head =      -0.62
        150 head =      -0.50
        522 head =       0.00

Dec '19/Dec
      1,382 head =     -15.00
        140 head =     -12.00
        328 head =      -2.00
      1,022 head =      -1.00

Jan '20/Feb
      1,206 head =     -15.00
        200 head =     -12.00
        207 head =      -1.00
        750 head =      +6.00



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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