Amarillo — Here’s the daily livestock summary for Friday, July 30, 2010.
CATTLE
Direct Trade: In the direct slaughter cattle trade in the Five Major Marketing Areas, Texas/Oklahoma/New Mexico; Kansas; Nebraska; Colorado; Iowa/Minnesota; trading in the Texas Panhandle and Nebraska has been limited on light demand. In the Texas Panhandle a few live sales sold steady at 93.00 when compared to Thursday. In Nebraska dressed sales sold steady, with Thursday’s trade, at 148.00. No live sales in Nebraska for a market test. So far for Friday in Kansas, Colorado and the Western Cornbelt trading has been inactive. Not enough traded sales in these feeding regions for a market trend. Steers: Live basis; (all Grades: 25 head) 93.00. Dressed Basis; (all Grades: 262 head) 146.00-150.00, weighted average 148.02. Heifers: Live basis; (all Grades: 994 head) 93.00. Dressed Basis; (all Grades: 172 head) 146.00-147.00, weighted average 146.51.
For the week: Texas live sales sold 2.00 lower at 93.00. Kansas live sales sold
2.00-2.50 lower from 92.50-93.00 with bulk at 93.00 and dressed sales sold 3.00
lower at 148.00. Nebraska live sales sold 2.00-2.50 lower from 92.50-93.00 with
the bulk at 93.00 and dressed sales sold 1.00-3.00 lower from 147.00-149.00 with
bulk at 148.00. Colorado live sales sold 2.00-2.50 lower from 92.50-93.00 and
dressed sales sold 7.00 lower at 144.00. Iowa/Minnesota live sales sold 1.00-
1.50 lower at 93.00 and dressed sales sold steady to 3.00 lower from 147.00-
150.00 with the bulk at 148.00.
Auction Markets:
New Holland Sales Stables Auction Report for Thursday, July 29, 2010
Compared to last week: Slaughter steers sold steady to .50 lower with
moderate to light demand.
Slaughter Steers: High Choice and Prime 3-4: 1250-1550 lbs 92.00-93.50;
full/YG 4-5: 1315-1620 lbs 89.00-92.00. Choice 2-3: 1210-1485 lbs 90.00-92.00.
Select 2-3: 1155-1460 lbs 88.00-89.50.
Slaughter Holsteins: High Choice and Prime 3-4: 1365-1580 lbs 81.00-83.00.
Choice 2-3: 1305-1550 lbs 77.00-80.00. Select 2-3: 1155-1460 lbs 75.00-77.00.
Slaughter Heifers: High Choice and Prime 3-4: few 1130-1310 lbs 88.00-89.50.
USDA ESTIMATED BOXED BEEF CUT-OUT
CHOICE SELECT
600-900 600-900
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Current Cutout Values: 151.83 145.02
Change from prior day: (1.56) (0.72)
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Choice/Select spread: 6.81
Total Load Count (Cuts, Trimmings, Grinds): 249——————-
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The average live weight of cattle slaughtered in the Texas Panhandle for the
week ending 07-24-2010 was 1258 lbs with 39 percent heifers compared to 1264 lbs
and 37 percent heifers the previous week and 1270 lbs and 35 percent heifers the
same week a year ago.
CATTLE Slaughter under Federal Inspection
Friday (est) 129,000 Saturday (est) 12,000
Week ago (est) 129,000 Week ago (est) 21,000
Year ago (act) 115,000 Year ago (act) 19,000
Week to date (est) 642,000 Week to date (est) 654,000
Same Period Last Week (est) 645,000 Same Period Last Week (est) 666,000
Same Period Last Year (act) 619,000 Same Period Last Year (act) 639,000
CME Futures Closes for Live Cattle:
Month Close Change Month Close Change
Aug 92.65 + .80 Feb 97.52 + .80
Oct 94.60 + 1.12 Apr 99.40 + .57
Dec 96.22 + .87 Jun 96.00 + .50
Cattleman’s Livestock Commission Co. – Dalhart, TX – Thursday- 07/29/10
Compared to week ago: Slaughter cows firm.
Slaughter Cows:
% Lean Weight Avg Dressing Hi Dressing Lo Dressing
Breakers 75-80 pkg 1460 63.00
Boners 80-85 1100-1200 60.00-63.00
Lean 85-90 pkg 1050 60.75 55.00-57.50
Lean 85-90 800-1000 51.50-54.50
Dairy Cows:
Breakers 75-80 1665-1775 58.50-59.50
Boners 80-85 1400-1600 51.00-56.00
Lean 85-90 1000-1200 43.00-45.50
USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE
Cutter 90%
350#/up
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Current-Cutout Value: $131.42
Change from prior day: ($0.57)
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Farmers & Ranchers Livestock Commission Co., Salina Kansas Close on 07/29/2010
Receipts: 4343 Last Week: 2152 Year Ago: 2610
Compared to last week: Steers 350-750 lbs 2.00-3.00 higher, 750-1000 lbs
steady to 1.00 lower. Heifers 400-750 lbs 1.00-2.00 lower, 750-900 lbs steady.
Feeder Steers (Figures in parentheses are weighted average prices.) Medium
and Large 1: 350-400 lbs 142.00-143.50 (142.68); 500-550 lbs 133.50-135.50
(134.62); 550-600 lbs 129.50-130.50 (129.86); 600-650 lbs 128.50-130.00
(128.90); 650-700 lbs 120.50-122.50 (121.41); 700-750 lbs 117.25-120.00
(118.37); 750-800 lbs 111.00-116.00 (112.90); 800-850 lbs 110.25-111.75
(111.07); 850-900 lbs 106.75-110.75 (108.42); 900-950 lbs 105.75-106.85
(106.72); 950-1000 lbs 102.25-106.85 (105.94). Medium and Large 1-2: 450-500
lbs 130.00-132.50 (131.15); 16 head 515 lbs 128.00; 550-600 lbs 124.00-126.50
(124.28); 600-650 lbs 122.50-126.50 (124.95); 650-700 lbs 115.50-116.75
(116.47); 700-750 lbs 109.00-116.00 (113.37); 800-850 lbs 104.00-109.85
(109.00); 850-900 lbs 103.00-104.25 (103.46); 900-950 lbs 102.75-103.00
(102.84); 137 head 999 lbs 101.00.
Feeder Heifers (Figures in parentheses are weighted average prices.) Medium
and Large 1: 6 head 436 lbs 119.00; 500-550 lbs 116.50-118.00 (117.10); 550-600
lbs 114.50-115.00 (114.68); 600-650 lbs 113.50-115.00 (114.18); 650-700 lbs
109.00-114.85 (112.30); 700-750 lbs 107.00-109.00 (108.39); 750-800 lbs 107.50-
108.75 (108.56); 800-850 lbs 104.85-105.10 (104.90); 850-900 lbs 103.85-104.50
(104.23). Medium and Large 1-2: 9 head 446 lbs 115.00; 6 head 533 lbs 114.00;
550-600 lbs 111.00-115.00 (112.81); 15 head 629 lbs 111.00; 650-700 lbs 105.50-
108.00 (106.75); 700-750 lbs 103.50-106.75 (105.60); 750-800 lbs 102.00-106.50
(103.81); 800-850 lbs 100.25-103.00 (102.78); 850-900 lbs 100.35-101.00
(100.51).
CME Future Closes for Feeder Cattle:
Month Close Change Month Close Change
Aug 113.72 + .00 Nov 114.72 + .37
Sep 114.20 - .07 Jan 113.07 + .17
Oct 115.07 + .37 Mar 111.85 + .05
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 1.39 lower with prices ranging from 75.00-87.00, weighted average
price 82.31. Iowa-Minnesota 1.01 lower at 75.00-83.78, weighted average price
81.69. Western Cornbelt 1.03 lower at 75.00-83.78, weighted average price
81.49. Eastern Cornbelt 1.51 lower at 76.00-87.00, weighted average price
83.15.
Live Basis (240-280 lbs): National direct barrows and gilts 1.09 higher at
56.56-69.00, weighted average 64.43. Iowa-Minnesota .40 higher at 60.80-66.00,
weighted average 63.86. Western Cornbelt .26 higher at 56.56-66.00, weighted
average 63.53. Eastern Cornbelt 2.21 higher at 64.50-69.00, weighted average
65.75.
For the week: National Direct barrow and gilt prices 4.13 higher.
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
———————————————————————–
07/30 10.50 89.82 95.18 83.78 63.80 122.42 83.97 133.33
Change : 0.44 1.89 -0.51 0.03 unc 0.01 unc
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HOG Slaughter under Federal Inspection
Friday (est) 367,000 Saturday (est) 17,000
Week ago (est) 358,000 Week ago (est) 26,000
Year ago (act) 394,000 Year ago (act) 43,000
Week to date (est) 1,932,000 Week to date (est) 1,949,000
Same Period Last Week (est) 1,929,000 Same Period Last Week (est) 1,955,000
Same Period Last Year (act) 2,060,000 Same Period Last Year (act) 2,103,000
CME Futures Closes for Lean Hogs:
Month Close Change Month Close Change
Aug 85.82 + .97 Feb 76.55 + .52
Oct 79.02 + .95 Apr 77.10 + .50
Dec 75.40 + .47 May 80.20 + .30
SHEEP
Auction Markets:
Slaughter lambs not tested.
Direct Markets:
National Weekly Slaughter Sheep Review for w/e Friday, July 30, 2010
Negotiated sales:
This Week: 4300 Last Week: 4800 Last Year: 3300
Compared to last week, negotiated live sales of slaughter lambs were mostly
4.00 lower.
Choice and Prime: Live Sales: Wooled and Shorn 115-165 lbs 119.50-135.00(wtd
avg 129.47).
NATIONAL DAILY LAMB CARCASS REPORT
Negotiated sales for delivery within 14 calendar days, FOB Plant basis.
Compared to last week: Carcasses mostly lower, with 45#’s and down trended
higher; 45-65#’s trended lower; and 65#’s and up trended 1.56-2.45 lower.
DAILY CHOICE AND PRIME, YG 1-4 Head 1,494
Weight Head Wt Avg
45-DN 89 307.42
45-55# 89 283.20
55-65# 236 259.86
65-75# 571 252.33
75-85# 375 245.00
85-UP 134 239.67
* SAT-FRI CHOICE AND PRIME, YG 1-4 Head 9,759
Weight Head Wt Avg
45-DN 263 325.10
45-55# 428 278.83
55-65# 1,721 258.93
65-75# 3,303 250.24
75-85# 2,941 243.51
85-UP 1,103 238.46
SHEEP Slaughter under Federal Inspection
Friday (est) 8,000 Saturday (est) 0
Week ago (est) 7,000 Week ago (est) 0
Year ago (act) 8,000 Year ago (act) 0
Week to date (est) 42,000 Week to date (est) 42,000
Same Period Last Week (est) 41,000 Same Period Last Week (est) 41,000
Same Period Last Year (est) 43,000 Same Period Last Year (act) 43,000
GOATS
Auction Markets:
South Carolina Weekly Auctions
Goats: Receipts 348. Goats sold per head basis. Weights are estimated.
Kids: Selection 1: 40-60 lbs 65.00-75.00, 60-80 lbs 75.00-90.00. Selection
2: under 20 lbs 23.00-27.50, 20-40 lbs 35.00-47.00, 40-60 lbs 47.50-55.00, 60-80
lbs 60.00-70.00.
