Amarillo -- Here's the daily livestock summary for Friday, Jan. 29, 2010.
CATTLE
Direct Trade: In the direct slaughter cattle trade in the Five Major Marketing Areas,
Texas/Oklahoma; Kansas; Nebraska; Colorado; Iowa/Minnesota; Thus far for Friday,
negotiated cash trade was moderate to active on active demand in Kansas.
Compared to last week live sales traded steady. Trade was inactive in the
Texas/Oklahoma/New Mexico feeding region. Trade in the Northern Plains and
Western Cornbelt was light on moderate demand. Compared to Thursday few live
sales traded .50 to 1.00 higher in Nebraska. Compared to Thursday, live sales
traded steady in Colorado. Not enough sales in the Western Cornbelt to
establish an adequate market test. Steers: Live basis; (all Grades: 8,059 head)
83.00-85.00, weighted average price 84.74. Dressed basis; (all Grades: 1,353
head) 134.00-136.00, weighted average price 135.58. Heifers: live basis; (all
Grades: 7,337 head) 83.00-85.00, weighted average price 84.57. Dressed Basis;
(all Grades: 718 head) 134.50-136.00, weighted average price 135.11.
For the week, in the Texas Panhandle not enough sales to establish an adequate
market trend. The latest established market was last week with live sales at
86.00. In Kansas live sales traded steady at 85.00 with dressed sales 1.50 to
3.50 lower at 134.50. In Nebraska live sales traded steady to 1.00 lower from
83.00 to 84.00 with dressed sales mostly 2.00 lower from 135.00 to 136.00. In
Colorado live sales traded steady to 1.00 lower from 83.00 to 84.00. In the
Western Cornbelt live sales traded .50 to 1.00 lower with prices ranging from
83.00 to 85.00 and dressed sales 2.00 to 4.00 lower from mostly 135.00 to
136.00.
Auction Markets:
Sheldon, IA Slaughter Cattle Auction Thu Jan 28, 2010
Receipts: 669 Last Week: 369 Year Ago: 458
Compared to last week, the trend is $1.00 to $1.50 higher on Choice steers and
$0.75 to $1.50 higher on the Choice heifers.
Slaughter Steers: Choice 2-4: 1173-1471 lbs 80.75-83.25; 1573 lbs 79.25.
Choice 2-3 1090-1447 lbs 75.00-80.75.
Slaughter Heifers: Choice 2-4: 1060-1338 lbs 80.00-82.85.
USDA ESTIMATED BOXED BEEF CUT-OUT
CHOICE SELECT
600-900 600-900
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Current Cutout Values: 140.73 137.76
Change from prior day: 0.68 1.07
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Choice/Select spread: 2.98
Total Load Count (Cuts, Trimmings, Grinds): 242
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The average live weight of cattle slaughtered in the Texas Panhandle for the
week ending 01-23-2010 was 1262 lbs with 40 percent heifers compared to 1258 lbs
and 44 percent heifers the previous week and 1274 lbs and 39 percent heifers the
same week a year ago.
CATTLE Slaughter under Federal Inspection
Friday (est) 105,000 Saturday (est) 31,000
Week ago (est) 126,000 Week ago (est) 28,000
Year ago (act) 122,000 Year ago (act) 10,000
Week to date (est) 594,000 Week to date (est) 625,000
Same Period Last Week (est) 637,000 Same Period Last Week (est) 665,000
Same Period Last Year (act) 623,000 Same Period Last Year (act) 633,000
CME Futures Closes for Live Cattle:
Month Close Change Month Close Change
Feb 85.65 + .15 Aug 86.90 + .25
Apr 89.20 + .30 Oct 89.70 + .05
Jun 87.57 + .25 Dec 90.22 + .10
New Holland Sales Stables Auction Report for Thursday, January 28, 2010
Compared to last Thursday`s sale, Slaughter cows sold 1.00-3.00 higher with good
demand.
Slaughter Cows:
Percent Lean Avg. Dressing High Dressing Low Dressing
Premium White 65-75 51.50-56.50 57.00-59.50 48.50-51.50
Breakers 75-80 47.00-51.50 53.00-57.50 43.50-46.50
Boners 80-85 45.50-49.00 49.50-50.50 41.00-45.00
Lean 88-90 43.00-46.50 47.50-49.50 35.00-42.00
USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE
Cutter 90%
350#/up
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Current-Cutout Value: $114.77
Change from prior day: ($0.06)
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Farmers & Ranchers Livestock Commission Co., Salina Kansas Close on 01/28/2010
Receipts: 3657 Last Week: 4320 Year Ago: 2408
Compared to last week: Steer and heifers 350-700 lbs firm to 2.00 higher;
steers 700-1000 lbs bulk of the trade weak to 1.00 lower, few sales steady;
heifers 700-950 lbs steady to 1.00 lower.
Feeder Steers (Figures in parentheses are weighted average prices.) Medium
and Large 1: 450-500 lbs 121.50-122.00 (121.63); 500-550 lbs 114.00-119.00
(116.77); 550-600 lbs 106.00-112.00 (107.82); 8 head Thin 551 lbs 118.00; 600-
650 lbs 103.50-107.50 (105.77); 650-700 lbs 98.50-102.00 (99.42); 700-750 lbs
96.00-99.25 (97.30); 750-800 lbs 94.75-95.60 (95.09); 800-850 lbs 93.50-97.00
(95.72); 850-900 lbs 93.00-94.85 (94.15); 900-950 lbs 90.75-94.50 (92.50); 6
head 957 lbs 89.00. Medium and Large 1-2: 5 head 420 lbs 119.00; 450-500 lbs
115.00-119.00 (117.19); 500-550 lbs 113.00-116.75 (114.66); 6 head 582 lbs
101.00; 600-650 lbs 96.00-103.00 (101.38); 650-700 lbs 94.25-97.50 (96.17); 700-
750 lbs 94.00-96.00 (95.17); 750-800 lbs 93.00-93.75 (93.47); 800-850 lbs 89.60-
90.10 (89.75); 850-900 lbs 89.00-91.75 (91.18). Medium and Large 2: 650-700 lbs
88.50-93.00 (90.25); 700-750 lbs 90.00; 7 head 779 lbs 91.25.
Feeder Heifers (Figures in parentheses are weighted average prices.) Medium
and Large 1: 5 head 370 lbs 108.00; 5 head Thin 439 lbs 111.00; 450-500 lbs
101.50-107.50 (104.48); 500-549 lbs 94.00-102.00 (99.69); 500-550 lbs Thin
105.50-107.50 (106.99); 550-600 lbs 94.00-99.75 (97.09); 600-650 lbs 92.75-95.75
(93.92); 650-700 lbs 92.50-94.50 (93.42); 700-750 lbs 92.25-94.00 (93.09); 750-
800 lbs 89.75-93.50 (92.01); 800-850 lbs 87.50-89.10 (88.68); 13 head 922 lbs
87.50. Fleshy 8 head 673 lbs 85.00; 6 head 874 lbs 84.50. Medium and Large 1-
2: 400-450 lbs 105.50; 550-600 lbs 85.00-93.00 (90.07); 600-650 lbs 90.75-91.50
(91.26); 650-700 lbs 87.50-92.00 (90.60); 700-750 lbs 88.00-92.00 (91.24); 8
head 805 lbs 84.50. Medium and Large 2: 650-700 lbs 83.00-89.00 (85.45).
CME Future Closes for Feeder Cattle:
Month Close Change Month Close Change
Mar 98.87 + .40 Aug 102.85 + .62
Apr 100.95 + .67 Sep 102.75 + .80
May 101.80 + .80 Oct 102.50 + .60
HOGS
Direct Trade:
Dressed Basis: based on 185 lbs hog carcass with 0.9-1.1 inch back fat and 6
inch square loin/2.0 inch depth plant delivered. National direct trade barrows
and gilts 1.26 lower with prices ranging from 56.00-64.19, weighted average
price 62.70. Iowa-Minnesota 1.43 lower at 56.00-64.19, weighted average price
62.77. Western Cornbelt 1.11 lower at 56.00-64.19, weighted average price
62.95. Eastern Cornbelt 1.36 lower at 58.00-64.00, weighted average price
62.32.
Live Basis (240-280 lbs): National direct barrows and gilts .87 lower at
38.68-52.00, weighted average 49.25. Iowa-Minnesota .05 higher at 42.76-52.00,
weighted average 49.61. Western Cornbelt .79 lower at 38.68-52.00, weighted
average 48.93. Eastern Cornbelt 1.29 lower at 43.73-50.00, weighted average
49.43.
For the week: National Direct barrow and gilt prices 4.04 lower.
USDA ESTIMATED PORK CARCASS CUTOUT
Calculations for a 200 lb Pork Carcass
53-54% lean, 0.65"-0.80" backfat at last rib
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Total Today's Primal Cutout Values
Date Loads Carcass Loin Butt Pic Rib Ham Belly
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01/29 72.00 69.16 81.73 62.78 47.90 111.37 61.07 88.46
Change : -0.08 0.55 -1.69 0.66 -3.06 -0.59 unc
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HOG Slaughter under Federal Inspection
Friday (est) 424,000 Saturday (est) 104,000
Week ago (est) 421,000 Week ago (est) 130,000
Year ago (act) 409,000 Year ago (act) 136,000
Week to date (est) 2,038,000 Week to date (est) 2,142,000
Same Period Last Week (est) 2,052,000 Same Period Last Week (est) 2,182,000
Same Period Last Year (act) 2,113,000 Same Period Last Year (act) 2,250,000
CME Futures Closes for Lean Hogs:
Month Close Change Month Close Change
Feb 66.50 - .27 Jun 76.72 - .47
Apr 68.60 - .80 Jul 75.65 - .47
May 73.65 - .25 Aug 74.62 - .27
SHEEP
Auction Markets:
Slaughter lambs not tested.
Direct Markets:
Eastern Cornbelt Direct Sheep Weekly Report
(includes lambs sold in IL.,IN.,OH.,MI.)
Total sheep and lamb sales: 552 Last Week: 576 Year ago: 350
Compared to last week, slaughter lambs sold 4.00 to 5.00 higher.
Wooled Slaughter Lambs: Choice and Prime 2-3: 90-110 lbs 115.00. Good and
Choice 1-2: 60-90 lbs 139.00.
NATIONAL DAILY LAMB CARCASS REPORT
Negotiated sales for delivery within 14 calendar days,
FOB Plant basis.
Compared to last week: 65#'s and down trended higher;
65#'s and up trended 3.84-4.42 higher.
DAILY CHOICE AND PRIME, YG 1-4 Head 1,935
Weight Head Wt Avg
45-DN 38 332.26
45-55# 89 260.48
55-65# 143 240.06
65-75# 452 198.68
75-85# 629 194.57
85-UP 584 190.68
* SAT-FRI CHOICE AND PRIME, YG 1-4 Head 1,935
Weight Head Wt Avg
45-DN 38 332.26
45-55# 89 260.48
55-65# 143 240.06
65-75# 452 198.68
75-85# 629 194.57
85-UP 584 190.68
SHEEP Slaughter under Federal Inspection
Friday (est) 7,000 Saturday (est) 0
Week ago (est) 7,000 Week ago (est) 0
Year ago (act) 7,000 Year ago (act) 0
Week to date (est) 43,000 Week to date (est) 43,000
Same Period Last Week (est) 46,000 Same Period Last Week (est) 46,000
Same Period Last Year (est) 43,000 Same Period Last Year (act) 43,000
GOATS
Direct Markets:
Eastern Cornbelt Direct Goats
Slaughter kid goats sold 5.00 to 6.00 higher.
Slaughter Goats (cwt.): Kids: Selection 1: 40-60 lbs 155.00. Selection 2:
40-60 lbs 150.00. Yearlings: Not tested.
Auction Markets:
South Carolina Weekly Auctions
Goats: Receipts 310. Goats sold per head basis. Slaughter and Replacement
classes. Weights are estimated.
Kids: Selection 1 Under 20 lbs 35.00-42.50, 20-40 lbs 45.00-57.50, 40-60 lbs
65.00-82.50, 60-80 lbs 80.00-97.50. Selection 2 Under 20 lbs 26.00-35.00, 20-40
lbs 30.00-41.00, 40-60 lbs 50.00-65.00, 60-80 lbs 67.50-77.50. Yearlings:
Selection 1 60-80 lbs 90.00-100.00. Selection 2 40-60 lbs 45.00-50.00, 60-80
lbs 62.50-75.00.
