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Daily livestock summary 07/30/09

Amarillo — Here’s the daily livestock summary for Thursday, July 30, 2009, as reported by the USDA.         
                               CATTLE
Direct Trade:
   In the direct slaughter cattle trade in the Five Major Marketing Areas, Texas/Oklahoma; Kansas; Nebraska; Colorado; Iowa/Minnesota; Not enough sales reported to establish a trend.  Steers: Live basis; (all Grades: 846 head)
82.00-83.50, weighted average price 82.97.  Dressed basis; (all Grades: 1,631
head) 130.00-132.00, weighted average price 131.42.  Heifers: live basis; (all
Grades: 82 head) 82.00.  Dressed Basis; (all Grades: 514 head) 130.00-132.00,
weighted average price 130.10.

Auction markets: 
Greenville Livestock Auction Inc, 07/09/2009
Receipts:  675    Last Week:  536    Year Ago:  857
Compared to last week, slaughter steers and heifers sold .50 to 1.00 higher.
   Slaughter Steers:  Choice 2-3 1155-1295 lbs 82.00-86.00, 1305-1490 lbs 82.00-
87.00, 1500 lbs 82.50.  Select and Choice 2-3 1040-1080 lbs 79.00-80.50, 1110-
1290 lbs 78.50-81.00, 1305-1495 lbs 78.00-81.00.  Select 1-2 970 lbs 81.00,
1060-1080 lbs 76.00-77.00, 1000-1095 lbs 75.00-78.50, 1105-1195 lbs 75.00-76.00,
1595 lbs 76.00. 
   Slaughter Heifers:  Choice 2-3 1035-1180 lbs 82.00-86.00, 1205-1395 lbs
82.00-85.50, 1490 lbs 82.50.  Choice 3-4 1210 lbs 80.00.  Select and Choice 2-3
990 lbs 80.50, 1000-1160 lbs 78.00-81.50, 1230-1330 lbs 77.00-81.50.  Select 1-2
975 lbs 75.00, return to feed 1180 lbs 75.50.

Tama, IA Slaughter Cattle Auction
Receipts:  1,202                 
Compared to last week: No comparison due to last week’s sale not reported.
   Slaughter Steers Choice 2-4 1173-1295 lbs 82.10-84.85, 1300-1475 lbs 80.75-
85.00, 1523-1583 lbs 80.00-81.00.  Select and Choice 2-3 1110-1290 lbs 81.00-
83.75.  Select 2-3 930-1185 lbs 78.00-84.00.
   Slaughter Heifers Choice 2-4 1110-1172 lbs 83.25-83.75, 1200-1386 lbs 81.75-
85.85, 1405 lbs 84.10.  Select and Choice 2-3 1050-1185 lbs 79.25-83.50, 1203
lbs 82.00.  Select 2-3 983-992 lbs 81.25-81.75, 1003-1085 lbs 80.50-82.10.

                 USDA ESTIMATED BOXED BEEF CUT-OUT VALUES                            
                                                CHOICE         SELECT
                                                600-900        600-900
——————————————————————————–
Current Cutout Values:                          142.26         136.82
Change from prior day:                          (0.43)         (0.18)
——————————————————————————–
Choice/Select spread:                                    5.44
Total Load Count (Cuts, Trimmings, Grinds):               234
——————————————————————————–

                 CATTLE Slaughter under Federal Inspection         
                  Thursday (est)                   127,000  
                  Week ago (est)                   119,000    
                  Year ago (act)                   123,000    
                  Week to date (est)               505,000    
                  Same Period Last Week (est)      496,000    
                  Same Period Last Year (act)      502,000    

                    CME Futures Closes for Live Cattle:
Month        Close        Change            Month      Close       Change
Aug          84.57        +  .62            Feb        89.05       +  .45
Oct          89.85        +  .60            Apr        90.52       +  .57
Dec          89.22        +  .37            Jun        87.47       +  .52

   Clovis Livestock Auction Summary – Clovis, NM – Wednesday – 07/29/09
Slaughter cows 1.00-2.00 higher.
   Slaughter Cows:
            % Lean   Weight       Avg Dressing   Hi Dressing    Lo Dressing
Breakers    75-80   1000-1200        45.50           —            —
Boners      80-85   1200-1600     40.50-50.00       54.00           —   
Boners      80-85    800-1200     43.25-50.50       52.00           —    
Lean        85-90   1200-1600        44.50           —           39.00
Lean        85-90   1000-1200     42.00-47.00        —        33.50-34.75    
Lean        85-90    800-1000     38.00-45.00        —        30.00-36.00
Lean        85-90   under 800     33.50-40.25       42.50          27.50

   Holstein Slaughter Cows:
Boners      80-85   1200-1855     46.50-49.85    51.25-52.00        —
Boners      80-85    800-1200        47.00           —            —
Lean        85-90   1200-1640     38.50-47.00        —         31.00-37.50
Lean        85-90   1000-1200*    37.50-45.75       47.50        31.00-36.00

                USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE                    
                                 Cutter 90%
                                    350#/up
——————————————————————————–
Current-Cutout Value:               $109.70
Change from prior day:              ($0.81)
——————————————————————————-
                  
El Reno Livestock Market, El Reno, OK on Wednesday
Actual Receipts:  5934      Last Week:  8501       Last Year:  5229
Compared to last week: Feeder steers and heifers 1.00-2.00 lower, instance 3.00
lower on steers over 900 lbs. 
   Feeder Steers:  Medium and Large 1: Calves: 275-375 lb bulls 114.00-118.00;
400-500 lbs 112.50-122.00; 550-600 lbs 101.00-108.50; Yearlings: few 645 lbs
105.00-105.50; 725-800 lbs 100.75-103.75; 800-875 lbs 98.00-101.50; 900-1000 lbs
90.50-95.50; 1000-1065 lbs 90.25-91.50.  Medium and Large 1-2:  465 lbs 110.00;
500 lbs 113.50; 745-775 lbs 99.50-103.00; 800-850 lbs 96.50-99.50; 945-985 lbs
90.50-93.00.  Medium and Large 2:  400-425 lbs 108.00-110.00; 500-525 lbs
105.50-107.00; 600-650 lbs 97.00-103.50, 670 lbs thin 104.00; few 700-800 lbs
95.00-100.75; 800-900 lbs 92.75-99.00.
   Feeder Heifers: Medium and Large 1: Calves: 325-400 lbs 100.00-105.00; 450-
500 lbs 95.00-100.00; few 525-600 lbs 102.00-103.50, 575 lbs fleshy 90.00-91.00;
Yearlings: few 600-700 lbs 96.75-104.00; 700-775 lbs 94.00-98.00; 800-860 lbs
90.50-93.00.  Medium and Large 1-2: 400-460 lbs 93.00-100.00; 560 lbs 94.50;
600-700 lbs 95.75-102.50; 700-775 lbs 93.00-94.00; 845 lbs 91.00.  Medium and
Large 2: 575 lbs 90.00; 590 lbs thin 99.00; 600 lbs thin 102.75; few 600-675 lbs
96.00; 700-800 lbs 92.00-97.75; 825-875 lbs 88.50-90.75.  Medium and Large 3:
550-575 lbs 90.00; 640 lbs 94.25.

                    CME Future Closes for Feeder Cattle      
Month       Close       Change            Month       Close        Change      
Aug        102.12       +  .10            Nov        102.40        +  .37       
Sep        102.27       +  .22            Jan        101.65        +  .30      
Oct        102.27       +  .05            Mar        101.35        +  .15

                               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 1.07 lower with prices ranging from 48.50-55.07, weighted average
price 53.50.  Iowa-Minnesota .94 lower at 48.78-55.00, weighted average price
53.68.  Western Cornbelt .90 lower at 48.50-55.07, weighted average price
53.97 and the Eastern Cornbelt .86 lower at 49.25-54.05, weighted average
price 53.12.

   Live Basis (240-280 lbs): National direct barrows and gilts .36 lower at
38.50-45.50, weighted average 42.02.  Iowa-Minnesota .51 higher at 39.37-45.50,
weighted average 42.62.  Western Cornbelt .16 higher at 38.54-45.50, weighted
average 42.50.  Eastern Cornbelt .89 lower at 38.50-45.15, weighted average
41.53.

                   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
———————————————————————–
07/30       104.3      59.09   74.61   53.66  38.30  94.92 44.22  84.11
Change :               -0.45   -3.37    0.16  -1.50   0.16  2.84  -0.97
———————————————————————–

                    HOG Slaughter under Federal Inspection         
                  Thursday (est)                      415,000   
                  Week ago (est)                      420,000   
                  Year ago (act)                      420,000   
                  Week to date (est)                1,665,000   
                  Same Period Last Week (est)       1,598,000   
                  Same Period Last Year (act)       1,660,000   

                      CME Futures Closes for Lean Hogs:
Month       Close       Change          Month       Close       Change
Aug         54.62       – 2.12          Feb         58.32       +  .12
Oct         52.60       -  .50          Apr         62.45       +  .42
Dec         52.97       +  .20          May         67.00       -  .50
                           
                                SHEEP
Auction Markets:

Centennial Livestock Auction – Ft. Collins, CO
Receipts:  758    Last week:  575    Year Ago:  941
Compared last week: Slaughter lambs 8.00 to 10.00 lower. 
   Slaughter Lambs: Wooled: Choice 2-3 90-110 lbs 90.50-94.00, hair sheep 91 lb
89.50; 114 lb 88.50.  Good and Choice 1-2 73 lb 93.00, hair sheep 78 lb 91.50;
80-90 lbs 89.50-90.00; 95-100 lbs 87.00-89.50. 

NATIONAL DAILY LAMB CARCASS REPORT

DAILY CHOICE AND PRIME, YG 1-4             Head  1,058
Weight                Head                      Wt Avg
45-DN                   19                      322.45
45-55#                  25                      284.34
55-65#                 422                      221.51
65-75#                 281                      215.25
75-85#                 174                      214.56
85-UP                  137                      205.00
85-UP                                         * 209.09

                   SHEEP Slaughter under Federal Inspection     
                  Thursday (est)                       9,000
                  Week ago (est)                      10,000
                  Year ago (act)                      10,000
                  Week to date (est)                  36,000
                  Same Period Last Week (est)         35,000
                  Same Period Last Year (act)         37,000

                               GOATS
Auction Markets:

   Centennial Livestock Auction – Ft. Collins, CO
Goat Receipts:  605    Last Week:  330    Year Ago:  548
Compared last week:  Slaughter/feeder kids mostly steady. 
   Slaughter/Feeder Kids: Selection 1 40-50 lbs 46.00-51.00; 97 lb 97.50. 
Selection 2 35 lb 35.00-36.00; 45-50 lbs 42.00-45.00; 57 lb 47.00; 65-70 lbs
60.00-62.00; 73 lb 67.50-71.00; 90 lb 82.50.  Selection 3 29 lb 17.00; 30-40 lbs
27.00-34.00; 40-45 lbs 34.00-42.00; 50-60 lbs 40.00-45.00; 60-70 lbs 55.00-
59.00; 75 lb 67.50.

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