Amarillo — Here’s the daily livestock summary for Wednesday, March 31, 2010.
CATTLE
Direct Trad: In the direct slaughter cattle trade in the Five Major Marketing Areas, Texas/Oklahoma; Kansas; Nebraska; Colorado; Iowa/Minnesota; negotiated cash trade was mostly inactive on light demand. Not enough sales for an adequate market trend. Steers: Live basis; (all Grades: 190 head) 95.00. Dressed Basis; (all Grades: 0 head). Heifers: Live Basis; (all Grades: 335 head) 93.00-94.00, weighted average 93.77. Dressed Basis; (all Grades: 34 head) 152.00.
Auction markets:
United Producers Inc, Shelbyville, IL: Slaughter Cattle Report for 03/30/2010
Receipts: 835 Last Week: 749 Year Ago: 735
Compared to last week: Slaughter steers and heifers traded steady to 1.00
higher.
Slaughter Steers: Choice 2-3: 1000-1100 lbs 91.00-92.00; 1100-1300 lbs 91.00-
95.25; 1300-1550 lbs 92.00-97.50. Select and Choice 2-3: 1050-1400 lbs 87.00-
91.00. Select 1-2: 900-1400 lbs 79.00-85.00.
Slaughter Heifers: Choice 2-3: 1000-1300 lbs 91.00-95.25. Select and Choice
2-3: 950-1450 lbs 88.25-91.00. Select 1-2: 950-1400 lbs 78.00-85.75.
USDA ESTIMATED BOXED BEEF CUT-OUT VALUES
CHOICE SELECT
600-900 600-900
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Current Cutout Values: 163.75 160.63
Change from prior day: 0.27 (0.48)
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Choice/Select spread: 3.12
Total Load Count (Cuts, Trimmings, Grinds): 203
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CATTLE Slaughter under Federal Inspection
Wednesday(est) 125,000
Week ago (est) 123,000
Year ago (act) 108,000
Week to Date (est) 377,000
Same Period Last Week (est) 366,000
Same Period Last Year (act) 358,000
CME Futures Closes for Live Cattle:
Month Close Change Month Close Change
Apr 96.55 + .50 Oct 94.32 + .62
Jun 93.55 + .37 Dec 96.30 + .70
Aug 91.52 + .72 Feb 97.15 + .95
Oklahoma National Stockyards, Oklahoma City, OK – Close
Compared to last week: Slaughter cows 2.00-4.00 higher.
Slaughter Cows:
Head %Lean Weight Average Dress High Dress Low Dress
Breakers 33 75-80% 1170-1700 60.00-63.50 64.00-66.00 57.00-61.50
Boners 17 80-85% 1050-1375 62.00-65.00 66.00-69.00 57.00-61.00
Lean 24 85-90% 1000-1300 56.50-59.25 60.00-62.00 51.00-53.00
Light 8 80-90% 825-1000 51.50-55.25 57.50-60.00 45.00-49.00
USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE
Cutter 90%
350#/up
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Current-Cutout Value: $126.01
Change from prior day: $1.80
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West Plains- Ozarks Regional Stockyard Feeder Cattle Report for 03/30/2010
Receipts: 4164 Last Week: 3322 Year Ago: 2414
Compared to last week: light steer and heifer calves under 450 lbs 2.00-6.00
lower, spots 6.00-10.00 lower on steers under 400 lbs. Steers 450-550 lbs and
heifers 450-500 lbs unevenly steady to 2.00 lower. Steers over 550 lbs 1.00-
3.00 higher and heifers over 500 lbs steady to 2.00 higher.
Feeder Steers: Medium and Large 1: pkg 290 lbs fancy new-crop 142.00; 300-400
lbs 129.00-139.00; 400-500 lbs 122.00-135.00, lot 465 lbs gaunt 136.00; 500-600
lbs 115.00-133.00, pkg fleshy 552 lbs 111.00; 600-650 lbs 114.00-122.00, pkg
gaunt 632 lbs 124.00; 650-700 lbs 107.50-116.00; 700-800 lbs 101.50-109.50; 800-
900 lbs 99.00-102.00; lot 31 head 957 lbs 95.00. Medium and Large 1-2: 300-400
lbs 125.00-136.00, pkg thin/weaned 310 lbs 139.00; 400-500 lbs 115.00-133.00;
500-600 lbs 114.00-121.00; 600-700 lbs 106.00-116.50; 700-760 lbs 99.50-107.00.
Medium and Large 2: 400-500 lbs 112.50-123.00; few 550-600 lbs 104.00-106.00;
600-700 lbs 105.00-115.50; lot 765 lbs 96.50.
Feeder Heifers: Medium and Large 1: 250-280 lbs 110.00; 350-400 lbs 110.00-
115.00; 400-500 lbs 107.50-115.00; 500-600 lbs 108.00-114.00, lot 593 lbs gaunt
112.50; 600-700 lbs 98.50-109.00; few 700-705 lbs 94.00-98.50; lot 839 lbs
92.00. Medium and Large 1-2: few 250-300 lbs 116.00-117.50; 300-400 lbs 110.00-
115.00, pkg and lot thin 117.50-121.00; 400-500 lbs 108.00-115.00, pkg fleshy
486 lbs 105.00; 500-600 lbs 104.00-112.50; 600-700 lbs 95.00-107.00; few 700-730
lbs 96.00-98.00. Medium and Large 2: pkg 276 lbs thin 121.00; pkg 367 lbs
111.00; 450-500 lbs 100.00-110.00; 500-600 lbs 95.00-105.00; 600-700 lbs 90.00-
99.00; 700-740 lbs 93.00-96.00; pkg 770 lbs 90.00.
CME Future Closes for Feeder Cattle
Month Close Change Month Close Change
Apr 110.42 + 1.70 Sep 113.85 + 1.85
May 112.97 + 2.00 Oct 112.95 + 1.70
Aug 114.07 + 1.85 Nov 112.10 + 1.65
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 .73 higher with prices ranging from 59.25-72.00, weighted average
price 67.59. Iowa-Minnesota was .94 higher at 59.25-72.00, weighted average
price 68.72. Western Cornbelt was 1.13 higher at 59.25-72.00, weighted average
price 68.87 and Eastern Cornbelt was .25 higher at 60.00-67.00, weighted average
price 64.86.
Live Basis (240-280 lbs): National direct barrows and gilts were .45 higher
at 45.89-57.00, weighted average price 53.76. Iowa-Minnesota was .32 higher at
47.00-57.00, weighted average 53.73. Western Cornbelt was .50 higher at 47.00-
57.00, weighted average price 53.65. Eastern Cornbelt was .29 higher at 45.89-
56.50, weighted average price 53.86.
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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Total Today’s Primal Cutout Values
Date Loads Carcass Loin Butt Pic Rib Ham Belly
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03/31 98.50 72.76 83.45 78.65 52.93 118.08 64.60 88.26
Change : -0.17 -0.54 2.52 -0.15 0.06 -1.20 0.08
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HOG Slaughter under Federal Inspection
Wednesday(est) 431,000
Week ago (est) 429,000
Year ago (act) 421,000
Week to date (est) 1,294,000
Same Period Last Week (est) 1,282,000
Same Period Last Year (act) 1,263,000
CME Futures Closes for Lean Hogs:
Month Close Change Month Close Change
Apr 73.32 + .27 Jul 83.85 + .25
May 80.62 - .22 Aug 83.15 + .00
Jun 82.90 - .15 Oct 73.15 - .07
SHEEP
Producers Livestock Auction, San Angelo, Texas: Sheep and Goat Auction:
Estimated Receipts: 7100 Last Week: 6319 Year Ago: 5878
Compared to last week: Heavy slaughter lambs weak; light slaughter lambs
5.00-10.00 lower. All sheep and goats sold per hundred weight (CWT) unless
otherwise specified.
Slaughter Lambs: Choice 2-3: shorn and wooled: 100-160 lbs 96.00-110.00, few
111.00-114.00. Good 1: high-yielding: 40-60 lbs 135.00-156.00; 60-70 lbs
134.00-152.00; 70-80 lbs 135.00-150.00; 80-90 lbs 130.00-147.00; 90-105 lbs
120.00-145.00. Average yielding: 40-60 lbs 120.00-135.00; 60-70 lbs 120.00-
135.00; 70-90 lbs 114.00-130.00; 90-110 lbs 106.00-120.00. Low yielding: 40-60
lbs 100.00-115.00; 60-90 lbs 105.00-115.00.
Gillespie Livestock Co – Fredericksburg, TX – Tuesday – 03/30/10
Sheep and Goats: 2,428 Week Ago: 3,443 Year Ago: 4,529
Compared to last week: No comparison available due to reporter’s absence last
week. Prices per CWT unless specified.
Slaughter Lambs: Choice: 100-160 lbs 104.00-117.00. Good and Choice 1-3: 40-
85 lbs 135.00-150.00. Good: 40-85 lbs 125.00-135.00.
NATIONAL DAILY LAMB CARCASS REPORT
Negotiated sales for delivery within 14 calendar days, FOB Plant basis.
DAILY CHOICE AND PRIME, YG 1-4 Head 4,420
Weight Head Wt Avg
45-DN 286 459.07
45-55# 156 275.09
55-65# 491 257.83
65-75# 1,243 232.73
75-85# 1,564 227.74
85-UP 680 221.31
SHEEP Slaughter under Federal Inspection
Wednesday est) 10,000
Week ago (est) 11,000
Year ago (act) 10,000
Week to Date (est) 32,000
Same Period Last Week (est) 33,000
Same Period Last Year (act) 31,000
Goats
Producers Livestock Auction, San Angelo, Texas: Sheep and Goat Auction:
Estimated Receipts: 7100 Last Week: 6319 Year Ago: 5878
Compared to last week: Kids 10.00 lower. All sold per hundred weight (CWT)
unless otherwise specified.
Slaughter Classes: Kids: Selection 1: 40-80 lbs 150.00-172.00; 80-90 lbs
130.00-135.00. Selection 1-2: 25-40 lbs 120.00-130.00; 40-80 lbs 120.00-150.00;
80-105 lbs 100.00-120.00. Selection 2: 25-40 lbs 100.00-120.00; 40-80 lbs
100.00-120.00.
Gillespie Livestock Co – Fredericksburg, TX – Tuesday – 03/30/10
Sheep and Goats: 2,428 Week Ago: 3,443 Year Ago: 4,529
Compared to last week: No comparison available due to reporter’s absence last
week. Prices per CWT unless specified.
Slaughter Classes: Kids: Selection 1: 25-40 lbs 130.00-158.00, 40-60 lbs
150.00-173.00, 60-80 lbs 150.00-170.00, few to 176.00. Selection 2: 40-60 lbs
135.00-150.00, 60-80 lbs 120.00-150.00.
