Amarillo — Here’s the daily livestock summary for Friday, April 30, 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 and demand was light in Texas. Trade was limited on light demand in Kansas, the Northern Plains as well as in the Western Cornbelt. Not enough sales in any feeding region to establish an adequate market test. Steers: Live basis; (all Grades: 1,508 head) 97.50-99.50, weighted average 98.01. Dressed Basis; (all Grades: 80 head) 158.00-159.00, weighted average 158.50. Heifers: Live basis; (all Grades: 1,609 head) 98.00-99.50, weighted average 98.19. Dressed Basis; (all Grades: 350 head) 158.00-159.00, weighted average 158.61.
For the week: Live sales in the Southern Plains traded .50 to 1.00 lower from
98.00-98.50. In Kansas dressed sales traded 1.00 lower at 158.00. In Nebraska
live sales traded .50 to 1.00 lower from 99.00 to mostly 99.50. Dressed sales
traded steady to 1.00 lower from 157.00-158.00. In Colorado live sales were .50
to 1.00 lower from 99.00-99.50. In the Western Cornbelt live sales traded 2.00
lower at 98.00 with dressed sales 1.00 to 3.00 lower from 157.00-159.00.
Auction Markets:
New Holland Sales Stables Auction Report for Thursday, April 29, 2010
Compared to last week: Slaughter steers sold 1.00 to 1.50 higher. Slaughter
heifers sold steady on limited receipts.
Slaughter Steers: High Choice and Prime 3-4: 1305-1545 lbs 97.00-98.50; Full
YG4-5 1480-1610 lbs 94.00-96.00. Choice 2-3: 1265-1490 lbs 94.00-96.50.
Slaughter Heifers: High Choice and Prime 3-4: 1170-1305 lbs 93.00-95.00.
USDA ESTIMATED BOXED BEEF CUT-OUT
CHOICE SELECT
600-900 600-900
——————————————————————————–
Current Cutout Values: 170.21 167.08
Change from prior day: 0.25 0.06
——————————————————————————–
Choice/Select spread: 3.13
Total Load Count (Cuts, Trimmings, Grinds): 164
——————————————————————————
The average live weight of cattle slaughtered in the Texas Panhandle for the
week ending 04-24-2010 was 1200 lbs with 40 percent heifers compared to 1211 lbs
and 35 percent heifers the previous week and 1222 lbs and 36 percent heifers the
same week a year ago.
CATTLE Slaughter under Federal Inspection
Friday (est) 128,000 Saturday (est) 24,000
Week ago (est) 114,000 Week ago (est) 20,000
Year ago (act) 127,000 Year ago (act) 30,000
Week to date (est) 636,000 Week to date (est) 660,000
Same Period Last Week (est) 621,000 Same Period Last Week (est) 641,000
Same Period Last Year (act) 635,000 Same Period Last Year (act) 666,000
CME Futures Closes for Live Cattle:
Month Close Change Month Close Change
Apr 99.92 + .95 Oct 95.65 + .20
Jun 94.22 + .35 Dec 97.42 + .57
Aug 93.52 + .20 Feb 98.27 + .27
Cattleman’s Livestock Commission Co. – Dalhart, TX – Thursday- 04/29/10
Compared to week ago: Slaughter cows 2.00 higher.
Slaughter Cows:
% Lean Weight Avg Dressing Hi Dressing Lo Dressing
Breakers 75-80 1400-1600 65.25-65.50 69.00-71.00
Boners 80-85 1000-1300 62.00-66.00 67.00-68.00
Lean 85-90 1000-1200 59.50-65.50 50.50-56.00
Lean 85-90 800-1000 55.00-62.00 51.50-54.00
USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE
Cutter 90%
350#/up
——————————————————————————–
Current-Cutout Value: $134.56
Change from prior day: ($0.16)
——————————————————————————–
Pratt Livestock Feeder Cattle Auction, Pratt KS Close for 4/29/10
Receipts: 4832 Last Week: 2469 Year Ago: 3232
Compared with last week: Steers 400-550 lbs steady to 1.00 higher, 550-800
lbs 3.00-5.00 higher, 800-1000 lbs steady to 1.50 higher. Heifers 450-850 lbs
steady to 1.50 higher, 800-950 lbs 3.00-4.00 higher.
Feeder Steers: (Figures in parentheses are weighted average prices) Medium
and Large 1: 400-450 lbs 139.50-141.00 (139.93); 450-500 lbs 136.75-141.50
(140.36); 550-600 lbs 125.00-127.75 (126.88); 14 head 600 lbs 126.75; 20 head
650 lbs 123.85; 66 head 713 lbs 118.00; 750-800 lbs 109.75-115.00 (112.85); 800-
850 lbs 108.10-113.25 (110.95); 850-900 lbs 105.00-111.35 (108.94); 900-950 lbs
104.00-108.00 (105.36); 950-1000 lbs 102.10-104.50 (103.63); 1000-1050 lbs
102.25-102.80 (102.61); 54 head 1056 lbs 101.00. Fleshy 8 head 1016 lbs 99.50.
Medium and Large 1-2: 300-350 lbs 135.00-137.00 (135.98); 19 head 390 lbs
139.00; 450-500 lbs 130.00; 500-550 lbs 125.00-127.00 (126.23); 11 head 640 lbs
118.00; 650-700 lbs 110.00-116.00 (112.77).
Feeder Heifers: Medium and Large 1: 5 head 314 lbs 136.50; 350-400 lbs
128.50-129.00 (128.63); 400-450 lbs 123.00-130.00 (125.32); 6 head 486 lbs
121.00; 550-600 lbs 116.00-117.00 (116.52); 600-650 lbs 110.00-111.50 (110.92);
650-700 lbs 108.25-111.00 (110.28); 700-750 lbs 107.25-108.50 (107.86); 750-800
lbs 103.75-106.35 (105.19); 800-850 lbs 102.10-104.75 (103.56); 850-900 lbs
103.00-104.10 (103.14); 900-950 lbs 99.25-101.85 (100.23). Medium and Large 1-
2: 6 head 387 lbs 120.00; 400-450 lbs 117.00-121.00 (119.41); 450-500 lbs
117.00-119.00 (118.56); 500-550 lbs 115.00-116.00 (115.72); 600-650 lbs 104.50-
107.50 (106.19); 8 head 786 lbs 99.00; 850-900 lbs 97.00-99.50 (97.44).
CME Future Closes for Feeder Cattle:
Month Close Change Month Close Change
May 112.80 + .27 Oct 115.15 + .25
Aug 116.07 + .25 Nov 114.65 - .20
Sep 115.90 + .52 Jan 112.50 + .10
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 .46 higher with prices ranging from 78.00-88.50, weighted average
price 83.14. Iowa-Minnesota .09 lower at 80.00-84.25, weighted average price
82.57. Western Cornbelt .09 lower at 78.00-86.00, weighted average price 82.69.
Eastern Cornbelt 1.28 higher at 81.50-88.50, weighted average price 83.80.
Live Basis (240-280 lbs): National direct barrows and gilts 1.38 higher at
54.45-69.33, weighted average 67.59. Iowa-Minnesota 1.89 higher at 54.45-69.00,
weighted average 68.06. Western Cornbelt 1.85 higher at 54.45-69.00, weighted
average 67.89. Eastern Cornbelt .51 higher at 57.64-69.33, weighted average
67.02.
For the week: National Direct barrow and gilt prices 2.53 higher.
USDA ESTIMATED PORK CARCASS CUTOUT
Calculations for a 200 lb Pork Carcass
53-54% lean, 0.65″-0.80″ backfat at last rib
———————————————————————–
Total Today’s Primal Cutout Values
Date Loads Carcass Loin Butt Pic Rib Ham Belly
———————————————————————–
04/30 44.25 89.96 102.89 89.03 68.91 128.92 79.87 118.70
Change : -0.24 -0.61 -1.70 0.05 1.18 0.12 unc
————————————————————————
HOG Slaughter under Federal Inspection
Friday (est) 399,000 Saturday (est) 2,000
Week ago (est) 402,000 Week ago (est) 37,000
Year ago (act) 373,000 Year ago (act) 28,000
Week to date (est) 2,026,000 Week to date (est) 2,028,000
Same Period Last Week (est) 2,036,000 Same Period Last Week (est) 2,073,000
Same Period Last Year (act) 2,018,000 Same Period Last Year (act) 2,046,000
CME Futures Closes for Lean Hogs:
Month Close Change Month Close Change
May 89.52 + 1.92 Aug 86.60 + 2.50
Jun 86.32 + 2.50 Oct 76.87 + 2.12
Jul 86.22 + 2.32 Dec 74.30 + 2.10
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: 1026 Last Week: 692 Year ago: 438
Compared to last week: Slaughter lambs traded unevenly steady with a firm
undertone noted for heavier lambs.
Wooled Slaughter Lambs: Choice and Prime 2-3: 90-110 lbs 112.00. Good and
Choice 1-2: 60-90 lbs 135.00.
NATIONAL DAILY LAMB CARCASS REPORT
Negotiated sales for delivery within 14 calendar days, FOB Plant basis.
Compared to last week: Carcasses trended higher, with 45#’s and down higher; 45-
55#’s 2.79 higher; 55-65#’s 7.50 higher and 65#’s and up 2.36-4.08 higher.
DAILY CHOICE AND PRIME, YG 1-4 Head 1,040
Weight Head Wt Avg
45-DN 21 394.38
45-55# 97 292.59
55-65# 106 284.08
65-75# 171 245.57
75-85# 379 243.50
85-UP 266 239.31
* SAT-FRI CHOICE AND PRIME, YG 1-4 Head 11,485
Weight Head Wt Avg
45-DN 184 338.05
45-55# 482 277.43
55-65# 896 261.36
65-75# 2,361 242.13
75-85# 3,633 235.61
85-UP 3,929 228.51
SHEEP Slaughter under Federal Inspection
Friday (est) 6,000 Saturday (est) 0
Week ago (est) 5,000 Week ago (est) 0
Year ago (act) 7,000 Year ago (act) 0
Week to date (est) 41,000 Week to date (est) 41,000
Same Period Last Week (est) 39,000 Same Period Last Week (est) 39,000
Same Period Last Year (est) 42,000 Same Period Last Year (act) 42,000
GOATS
Direct Markets:
Eastern Cornbelt Direct Goats
Compared to last week: Slaughter kid goats traded steady.
Slaughter Goats (cwt.): Kids: Selection 1: 40-60 lbs 150.00. Selection 2: 40-60
lbs 145.00.
Auction Markets:
South Carolina Weekly Auctions
Goats: Receipts 297. Goats sold per head basis. Weights are estimated.
Kids: Selection 1: Under 20 lbs 30.00-35.00, 20-40 lbs 42.50-54.00, 40-60 lbs
60.00-68.00, 60-80 lbs 60.00-68.00; Selection 2: Under 20 lbs 20.00-28.00, 20-40
lbs 34.00-42.50, 40-60 lbs 42.50-60.00.
