Amarillo — Here’s the daily livestock summary for Thursday, July 29, 2010.
CATTLE
Direct Trade: In the direct slaughter cattle trade in the Five Major Marketing Areas, Texas/Oklahoma; Kansas; Nebraska; Colorado; Iowa/Minnesota; trading in the Texas Panhandle has been limited on light demand. Compared to last week, a few early live sales have sold 2.00 lower. In Kansas and the Northern Plains trading has been slow to moderate on light to moderate demand. In Kansas, compared to last week, live sales have sold 2.00 to 2.50 lower, and dressed sales have sold 3.00 lower at 148.00. In Nebraska, compared to Wednesday, live sales sold steady, and dressed sales sold unevenly steady. In Colorado live sales sold 2.00 lower when compared to last week. In Iowa/Minnesota trading was limited on light demand. Not enough traded sales to establish an adequate market trend.
Steers: live basis; (all Grades: 11,580 head) 91.50-93.75, weighted average
price 92.83. Dressed basis; (all Grades: 5,130 head) 145.00-150.00, weighted
average price 148.22. Heifers: live basis; (all Grades: 10,656 head) 91.00-
93.00, weighted average price 92.89. Dressed Basis; (all Grades: 4,417 head)
147.00-149.00, weighted average price 147.95.
Auction markets:
Sioux Falls Regional Livestock – Worthing, SD Wed Jul 28, 2010
Receipts: 668 Last Week: 1278 Last Year: 1299
Compared to last week’s larger supply, slaughter steers 1.00 higher. Slaughter
heifers too few to test.
Slaughter Steers: Choice 2-3 1222-1438 lbs 92.25-93.50, steers with No
Implants 1204-1338 lbs 94.25-94.75. Steers qualifying for Natural Beef Program
1242-1261 lbs 94.10-94.75. Choice 2-4 1224 lbs 92.00. Choice 3-4 1453 lbs
92.50. Select and Choice 2-3 1297 lbs 91.00.
Slaughter Heifers: Choice 2-3 1125 lbs 91.25. Qualifying for Natural Beef
Programs 1128 lbs 93.35. Select and Choice 2-3 1170 lbs 90.75.
Schuyler Livestock Sales, – Rushville, IL Report for 07/28/2010
Receipts: 168
Compared to two weeks ago, slaughter steers and heifers sold 1.00 to 2.00
higher.
Slaughter Steers: Choice 2-3: 1000-1400 lbs 89.75-94.75. Select 1-2: 975-
1250 lbs 85.00-88.75.
Slaughter Heifers: Choice 2-3: 1000-1325 lbs 89.00-93.75. Select 1-2: 975-
1350 lbs 84.75-88.75.
USDA ESTIMATED BOXED BEEF CUT-OUT VALUES
CHOICE SELECT
600-900 600-900
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Current Cutout Values: 153.39 145.74
Change from prior day: (1.31) (0.60)
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Choice/Select spread: 7.65
Total Load Count (Cuts, Trimmings, Grinds): 238
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CATTLE Slaughter under Federal Inspection
Thursday (est) 129,000
Week ago (est) 130,000
Year ago (act) 128,000
Week to date (est) 513,000
Same Period Last Week (est) 516,000
Same Period Last Year (act) 504,000
CME Futures Closes for Live Cattle:
Month Close Change Month Close Change
Aug 91.92 - .92 Feb 96.65 - .40
Oct 93.47 - .75 Apr 98.82 - .27
Dec 95.30 - .52 Jun 95.50 - .20
Clovis Livestock Auction Summary – Clovis, NM – Wednesday – 7/28/10
Compared to last week: No comparison on slaughter cows.
Slaughter Cows:
% Lean Weight Avg Dressing Hi Dressing Lo Dressing
Boners 80-85 1200-1600 55.25 58.25 —
Boners 80-85 800-1200 53.25-55.25 56.75-59.00 —
Lean 85-90 1200-1600 54.00-56.00 57.00-60.50 —
Lean 85-90 1000-1200 52.50-57.75 58.25-60.25 —
Lean 85-90 800-1000 52.25-54.50 59.00-59.25 —
Lean 85-90 under 800 43.50-47.00 — —
Holstein Slaughter Cows:
% Lean Weight Avg Dressing Hi Dressing Low Dressing
Boners 80-85 1200-1775 50.00-60.75 — —
Boners 80-85 1000-1200 49.25-52.50 — —
Lean 85-90 1200-1600 50.25-59.00 — —
Lean 85-90 1000-1200 45.50-56.00 —
USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE
Cutter 90%
350#/up
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Current-Cutout Value: $131.99
Change from prior day: $0.98
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El Reno Livestock Market, El Reno, OK on Wednesday 07/28/2010
Actual Receipts: 4651 Last Week: 4677 Last Year: 5934
Compared to last week: Feeder steers steady to 2.00 lower. Feeder heifers
steady to 2.00 higher. Steer calves steady to 2.00 lower. Heifer calves steady
to 2.00 higher.
Feeder Steers: Medium and Large 1: pkg 355 lbs 158.00; pkg 430 lbs 134.00;
pkg 490 lbs 134.00; 500-600 lbs 120.00-130.00; 650-700 lbs 115.00-118.75; 700-
800 lbs 112.25-116.75; 800-900 lbs 106.00-113.50; 900-1000 lbs 103.25-106.25.
Medium and Large 1-2: 390-400 lbs 135.00-141.00; pkg 415 lbs 131.00; pkg 475 lbs
132.00; 500-600 lbs 119.00-124.00; pkg 565 lbs thin 124.00; pkg 650 lbs calves
105.00; pkg 655 lbs 111.00; 775-800 lbs 107.50-113.75; 850-875 lbs 105.50-
108.00; pkg 925 lbs 103.70. Medium and Large 2: pkg 425 lbs thin 129.00; pkg
495 lbs 123.00; 520-550 lbs 110.00-120.00; pkg 575 lbs 122.00; pkg 640 lbs
calves 109.00; pkg 635 lbs 107.50; 650-670 lbs 115.00-115.50; pkg 675 lbs thin
119.00; pkg 795 lbs 108.50.
Feeder Heifers: Medium and Large 1: 330-335 lbs 124.00-129.00; 350-400 lbs
120.00-124.00; pkg 465 lbs 121.50; pkg 455 lbs fleshy 110.00; 500-550 lbs
114.00-118.50; 550-600 lbs 110.00-116.00; pkg 555 lbs fleshy 105.00; 625-630 lbs
114.50-115.50; 700-800 lbs 100.00-110.75; 800-850 lbs 101.50-104.00. Medium and
Large 1-2: pkg 435 lbs 115.00; 500-600 lbs 108.50-118.50; 600-700 lbs 109.00-
112.75; 700-800 lbs 104.50-111.00. Medium and Large 2: 400-410 lbs thin 122.00-
125.00; 425-440 lbs 110.00; 450-500 lbs 109.50-114.00; 500-550 lbs 108.00-
115.00, pkg 545 lbs thin 115.50; 575-600 lbs 104.00-112.00; pkg 615 lbs 100.00;
650-700 lbs 97.00-105.00; 700-800 lbs 99.50-102.00; few 825-850 lbs 95.00.
CME Future Closes for Feeder Cattle
Month Close Change Month Close Change
Aug 113.72 - .80 Nov 114.32 - .65
Sep 114.25 - .57 Jan 112.90 - .42
Oct 114.72 - .62 Mar 111.80 - .30
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 1.25 higher with prices ranging from 73.00-88.00, weighted average
price 83.65. Iowa-Minnesota 2.61 lower at 73.00-83.00, weighted average price
81.57. Western Cornbelt 1.98 lower at 73.00-83.00, weighted average price 81.51
and the Eastern Cornbelt 3.73 higher at 75.00-88.00, weighted average price
84.80.
Live Basis (240-300 lbs): National direct barrows and gilts .30 lower at
57.50-65.40, weighted average price 63.39. Iowa-Minnesota .41 lower at 58.29-
65.00, weighted average price 63.49. Western Cornbelt .46 lower at 58.29-65.00,
weighted average price 63.33. Eastern Cornbelt .16 higher at 57.50-65.40,
weighted average price 63.54.
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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07/29 50.37 89.38 93.30 84.29 63.77 122.42 83.96 133.33
Change : 0.03 -1.60 0.71 -2.75 -0.64 2.74 0.12
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HOG Slaughter under Federal Inspection
Thursday (est) 401,000
Week ago (est) 399,000
Year ago (act) 416,000
Week to date (est) 1,565,000
Same Period Last Week (est) 1,571,000
Same Period Last Year (act) 1,666,000
CME Futures Closes for Lean Hogs:
Month Close Change Month Close Change
Jul 84.75 + 1.47 Dec 76.00 + .25
Aug 78.05 + 1.12 Feb 76.50 + .30
Oct 74.90 + .42 Apr 79.70 + .55
SHEEP
Auction Markets:
Centennial Livestock Auction – Ft. Collins, CO – Report for 07/28/2010
Sheep Receipts: 836 Last Week: 764 Last Year: 578
Compared to last week: slaughter lambs were mostly steady. Sheep are sold on a
per cwt basis unless otherwise noted.
Slaughter Lambs: Non-Traditional Market: Wooled: Choice 2-3: 105 lbs 137.00;
120-125 lbs 130.00; 145 lb 126.00. Good and Choice 1-2: 47 lb 148.00; 61 lb
132.50; 75 lb 132.00; 80-85 lbs 126.00-135.00; Hair Sheep 85-90 lbs 128.50-
135.00; 90-105 lbs 129.00-133.00; Hair Sheep 94 lb 129.50; 110-125 lbs 125.00-
131.00; 135-145 lbs 117.50-122.00. Good 1: 90-95 lbs 116.00-125.00; 125 lb
121.00; 135 lb 109.00.
NATIONAL DAILY LAMB CARCASS REPORT
Negotiated sales for delivery within 14 calendar days, FOB Plant basis.
*Today’s trades not reportable because they did not meet the 3/70/20 guideline
for carcass lambs. Below is the last reported market as of 7/14/2010.*
DAILY CHOICE AND PRIME, YG 1-4 Head 804
Weight Head Wt Avg
45-DN 45 340.88
45-55# 86 283.48
55-65# 304 254.83
65-75# 206 245.17
75-85# 163 244.00
85-UP 0
SHEEP Slaughter under Federal Inspection
Thursday (est) 9,000
Week ago (est) 9,000
Year ago (act) 9,000
Week to date (est) 34,000
Same Period Last Week (est) 34,000
Same Period Last Year (act) 35,000
GOATS
Auction Markets:
Centennial Livestock Auction – Ft. Collins, CO – Report for 07/28/2010
Goat Receipts: 378 Last Week: 489 Last Year: 605
Compared to last week: Kids were mostly 3.00 to 6.00 lower.
Slaughter Kids: Selection 1: 30-40 lbs 43.00-59.00; 43 lb 61.00; 53 lb 67.00;
60-70 lbs 71.00-95.00; 70-75 lbs 85.00-102.50. Selection 2: 29 lb 34.00; 30-40
lbs 32.00-37.50; 40-50 lbs 40.00-48.00; 50-55 lbs 48.00-59.00; 60-65 lbs 62.50-
63.00; 75 lb 75.00-77.50; 90 lb 70.00. Selection 3: 20 lb 22.00; 35 lb 30.00;
45 lb 39.00; 50-55 lb 37.00-44.00; 80-90 lbs 43.00-47.00.
