Loading ...Amarillo — Here’s the daily livestock summary for Wednesday. March 10, 2010.
CATTLE
Direct Trade: In the direct slaughter cattle trade in the Five Major Marketing Areas, Texas/Oklahoma; Kansas; Nebraska; Colorado; Iowa/Minnesota. Negotiated cash trade has been inactive on light demand and not enough sales to establish an adequate market test.
Steers: Live basis; (all Grades: 131 head) 90.00. Dressed Basis; (all Grades: 0
head). Heifers: Live Basis; (all Grades: 0 head). Dressed Basis; (all Grades:
40 head) 144.00.
Auction markets:
Greenville Livestock Auction, Inc at Greenville, IL
Estimated Receipts: 704 Compared to last week, slaughter steers and heifers are
trading steady to .50 higher.
Slaughter Steers: Choice 2-3: 1100-1500 lbs 86.00-90.00.
Select and Choice 2-3: 1100-1500 lbs 82.00-85.50.
Slaughter Heifers: Choice 2-3: 1000-1400 lbs 85.50-90.00.
Select and Choice 2-3: 1000-1400 lbs 81.00-85.50
USDA ESTIMATED BOXED BEEF CUT-OUT VALUES
CHOICE SELECT
600-900 600-900
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Current Cutout Values: 149.49 149.20
Change from prior day: (0.02) 0.18
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Choice/Select spread: 0.29
Total Load Count (Cuts, Trimmings, Grinds): 279
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CATTLE Slaughter under Federal Inspection
Wednesday(est) 120,000
Week ago (est) 120,000
Year ago (act) 124,000
Week to Date (est) 363,000
Same Period Last Week (est) 362,000
Same Period Last Year (act) 365,000
CME Futures Closes for Live Cattle:
Month Close Change Month Close Change
Apr 93.87 - .52 Oct 92.55 - .60
Jun 91.72 - .60 Dec 94.30 - .62
Aug 89.82 - .92 Feb 95.40 - .57
Oklahoma National Stockyards, Oklahoma City, OK – Close
Cow and Bull Auction for Tuesday
Compared to last week: Slaughter cows steady to 2.00 higher. Slaughter
bulls steady to 2.00 lower. Packer demand moderate. Total of 302 cows and
bulls sold with 59 percent going to packers.
Slaughter Cows:
Head %Lean Weight Average Dress High Dress Low Dress
Breakers 40 75-80% 1225-1550 55.00-57.50 57.75-62.00 50.25-54.75
Boners 17 80-85% 1025-1300 54.50-55.00 59.25-61.25 52.00-53.00
Lean 82 85-90% 925-1325 49.00-53.50 54.50-57.50 45.00-48.50
Lights 15 85-90% 725-975 39.00-41.00 42.00-45.00 35.00-38.00
USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE
Cutter 90%
350#/up
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Current-Cutout Value: $121.35
Change from prior day: $0.33
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Oklahoma National Stockyards, Oklahoma City, OK. – Close
Actual Receipts: 14,572 Last Monday: 12,765 Year Ago Monday: 12,126
Compared to last week: Markets improved late in the day. Feeder
steers closed steady to 2.00 higher. Feeder heifers steady. Stocker
steers steady. Stocker heifers steady to 2.00 higher. Demand improved
late in the day but quality of cattle also an improvement. Unlike last
week supply of cattle mostly in medium to fleshy conditions and not
many cattle available for spring grass. Early supplies of cattle
included several crossbreds. Spring storms moved thru the state leaving
most everyone with measurable rain.
Feeder Steers Medium and Large 1: few 325-400 lbs 140.00-148.00;
400-450 lbs 129.50-134.50; 450-500 lbs 124.50-132.00; few 425-500 lbs
value added 126.50-135.50; 500-550 lbs 118.00-126.00; 550-600 lbs 112.00-
119.00; 500-575 lbs value added 117.00-122.00; 600-650 lbs 108.25-
115.75, 610 lbs thin 117.00; 650-700 lbs 102.75-111.25; 700-750 lbs
100.75-107.50; 750-800 lbs 97.50-105.00; 800-850 lbs 95.50-99.75;
850-900 lbs 94.75-97.25; 900-1000 lbs 90.75-95.25; 1000-1050 lbs 91.00-
92.75.
Medium and Large 1-2: 300-350 lbs 140.00-146.50; 375-400 lbs 134.00-
136.00; 425-500 lbs 127.00-129.50; 500-550 lbs 112.50-121.50; 550-600 lbs
109.00-115.25; 500-575 lbs thin 118.25-126.50; 600-650 lbs 104.75-110.50,
thin 111.75; 650-700 lbs 102.00-106.75; 700-750 lbs 100.00-104.00; 750-
800 lbs 96.50-101.50; 800-900 lbs 93.75-98.75; 945 lbs 94.75.
Feeder Heifers Medium and Large 1: 375-400 lbs 113.00-118.50;
400-500 lbs 108.00-114.50; 500-550 lbs 106.00-113.00; 550-600 lbs
103.00-109.50; 600-650 lbs 97.50-105.00; 650-700 lbs 94.00-102.00;
700-750 lbs 92.50-97.50; 750-800 lbs 91.00-94.00; 800-900 lbs 87.75-
91.75; 900-975 lbs 88.25-90.50.
Medium and Large 1-2: 400-500 lbs 108.00-111.25- 500-600 lbs 101.50-
109.50; 600-650 lbs 97.00-103.75; 650-700 lbs 94.00-98.00; 700-800 lbs
90.00-96.50; 800-900 lbs 85.50-90.00; 995 lbs 86.50.
CME Future Closes for Feeder Cattle
Month Close Change Month Close Change
Mar 102.00 - .35 Aug 107.65 – 1.22
Apr 105.02 – 1.00 Sep 106.65 – 1.45
May 105.42 – 1.17 Oct 106.87 – 1.02
HOGS
Direct Trade:
Carcass 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 were .12 lwr with prices ranging from 63.50-76.00, weighted average
price 72.39. Iowa-Minnesota was .44 lwr at 63.50-76.00, weighted average price
73.39. Western Cornbelt was .02 lwr at 63.50-76.00, weighted average price
73.30 and Eastern Cornbelt was .52 lwr at 63.50-72.30, weighted average price
69.81.
Live Basis (240-280 lbs): National direct barrows and gilts were 1.44 lwr at
50.50-58.35, weighted average price 55.66. Iowa-Minnesota was 2.58 lwr at
50.50-58.35, weighted average 55.34. Western Cornbelt was 2.39 lwr at 50.50-
58.35, weighted average price 55.43. Eastern Cornbelt was .28 hgr at 54.65-
57.10, weighted average price 56.07.
USDA ESTIMATED PORK CARCASS CUTOUT
Based on FOB Omaha carlot pork prices and industry yields.
Calculations for a 200 lb Pork Carcass
53-54% lean, 0.65″-0.80″ backfat at last rib
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` Today’s Primal Cutout Values
Date Loads Carcass Loin Butt Pic Rib Ham Belly
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03/10 79.13 73.95 85.89 68.14 52.91 113.02 72.15 88.64
Change : -0.67 -0.93 -0.65 -1.65 -1.38 -1.01 unc
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HOG Slaughter under Federal Inspection
Wednesday(est) 415,000
Week ago (est) 427,000
Year ago (act) 427,000
Week to date (est) 1,221,000
Same Period Last Week (est) 1,288,000
Same Period Last Year (act) 1,264,000
CME Futures Closes for Lean Hogs:
Month Close Change Month Close Change
Apr 72.55 + .15 Jul 80.75 + .02
May 78.05 + .12 Aug 80.45 + .20
Jun 80.65 + .17 Oct 71.07 - .02
SHEEP
Producers Livestock Auction Co, San Angelo, Texas Sheep and Goat Auction:
Estimated Receipts: 5900 Last Week: 3091 Year Ago: 4814
Compared to last week slaughter lambs weak to 10.00 lower. Slaughter
ewes 5.00-10.00 lower. Feeder lambs not tested. Trading and demand moderate.
Supply included 30 percent slaughter lambs, 15 percent slaughter ewes, balance
goats. All sheep and goats sold per hundred weight (CWT) unless
otherwise specified.
SLAUGHTER LAMBS:
Choice 2-3 shorn and wooled 100-160 lbs 100.00-110.00.
Good 1: high-yielding 40-60 lbs 150.00-166.00; 60-70 lbs 145.00-
164.00; 70-80 lbs 130.00-145.00; 80-90 lbs 128.00-144.00; 90-100 lbs
120.00-125.00.
Average yielding 40-60 lbs 128.00-146.00; 60-70 lbs 125.00-145.00; 70-
90 lbs 120.00-130.00; 90-110 lbs 110.00-120.00.
Low yielding 40-60 lbs 120.00-125.00; 60-90 lbs 100.00-120.00.
SLAUGHTER EWES:
Utility and Good 1-3 (medium flesh) 65.00-71.00; Utility 1-2 (thin)
55.00-65.00; Cull and Utility 1-2 (very thin) 45.00-55.00; Cull 1
(extremely thin) 40.00-45.00.
NATIONAL DAILY LAMB CARCASS REPORT
DAILY CHOICE AND PRIME, YG 1-4 Head 2,081
Weight Head Wt Avg
45-DN 112 260.30
45-55# 161 249.52
55-65# 478 245.06
65-75# 592 224.19
75-85# 510 221.04
85-UP 228 217.18
SHEEP Slaughter under Federal Inspection
Wednesday est) 9,000
Week ago (est) 9,000
Year ago (act) 10,000
Week to Date (est) 30,000
Same Period Last Week (est) 28,000
Same Period Last Year (act) 28,000
Goats
Producers Livestock Auction, San Angelo, Texas: Sheep and Goat Auction:
Estimated Receipts: 5900 Last Week: 3091 Year Ago: 4814
GOATS: Estimated 55 percent of receipts: Nannies weak to 5.00 lower; kids 5.00-
10.00 lower. All sold per hundred weight (CWT) unless otherwise specified.
SLAUGHTER CLASSES:
KIDS: Selection 1 40-80 lbs 170.00-198.00; 80-100 lbs 150.00-158.00;
shorn show goats 80-100 lbs 130.00-150.00.
Selection 1-2 25-40 lbs 120.00-130.00; 40-80 lbs 140.00-170.00; 80-95
lbs 116.00-140.00.
Selection 2 25-40 lbs 105.00-120.00; 40-80 lbs 125.00-140.00.
DOES/NANNIES: Selection 1-2 80-130 lbs 65.00-75.00, few 75.00-80.00;
130-185 lbs 65.00-68.00; few thin 70-115 lbs lbs 55.00-65
