Amarillo — Here’s the daily livestock summary for Wednesday, Sept. 1, 2010.
CATTLE
Direct Trade: Slaughter cattle trade in the Five Major Marketing Areas, Texas/Oklahoma/New Mexico; Kansas; Nebraska; Colorado; Iowa/Minnesota; trading in the Texas Panhandle has been slow with moderate demand. Compared to last week, live sales sold 2.50 lower at 97.00. In Kansas trading has been slow on light demand. Compared to Tuesday live sales sold steady to 1.00 lower from 96.00-97.00. In Nebraska trading and demand has been moderate. Compared to Tuesday, live sales sold unevenly steady at 97.00 and dressed sales, compared to last week, sold 2.00 lower at 153.00. In Colorado trading has been inactive. Not enough sales for a market trend. In the Western Cornbelt live sales have been slow with light to moderate demand. Compared to Tuesday live sales sold steady at 96.00. Not enough dressed sales for a market comparison. Steers: Live basis; (all Grades: 10,564 head) 95.00-97.00, weighted average 96.37. Dressed Basis; (all Grades: 7,918 head) 148.00-153.50, weighted average 152.73. Heifers: Live Basis; (all Grades: 9,031 head) 95.00-97.00, weighted average 96.82. Dressed Basis; (all Grades: 8,773 head) 151.00-153.00, weighted average 152.92.
Auction markets:
United Producers Inc, Shelbyville, IL 08/31/2010
Receipts: 600 Last Week: 735 Year Ago: 606
Compared to last week: Slaughter steers and heifers sold 2.00 to 2.50 lower.
Slaughter Steers: Choice 2-3: 1000-1300 lbs 93.00-95.00; 1300-1500 lbs 94.00-
96.00. Select and Choice 2-3: 1000-1450 lbs 88.00-93.50. Select 1-2: 1100-1350
lbs 83.00-88.00.
Slaughter Heifers: Choice 2-3: 1000-1300 lbs 94.00-95.00. Select and Choice
2-3: 975-1150 lbs 90.50-93.00.
Fairview Slaughter Cattle Auction 08/31/2010
Receipts: 339 Last Week: 375
Compared to last week: Slaughter steers and heifers sold 2.00 to 3.00 lower.
Slaughter Steers: Choice 2-3: 1000-1105 lbs 93.00-95.50; 1100-1300 lbs 91.00-
94.00; 1300-1550 lbs 93.00-96.00. Select 1-2: 1050-1375 lbs 85.00-88.00, high
dressing 91.25-92.25.
Slaughter Heifers: Choice 2-3: 1000-1400 lbs 90.75-95.75.
USDA ESTIMATED BOXED BEEF CUT-OUT VALUES
CHOICE SELECT
600-900 600-900
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Current Cutout Values: 162.62 156.86
Change from prior day: (1.02) (0.02)
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Choice/Select spread: 5.76
Total Load Count (Cuts, Trimmings, Grinds): 191
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CATTLE Slaughter under Federal Inspection
Wednesday(est) 130,000
Week ago (est) 130,000
Year ago (act) 129,000
Week to Date (est) 390,000
Same Period Last Week (est) 386,000
Same Period Last Year (act) 388,000
CME Futures Closes for Live Cattle:
Month Close Change Month Close Change
Oct 97.75 + .47 Apr 102.42 + .32
Dec 100.60 + .55 Jun 98.55 + .05
Feb 101.07 + .47 Aug 98.65 + .10
Oklahoma National Stockyards, Oklahoma City, OK – Close
Compared to last week: Slaughter cows 2.00-4.00 lower.
Slaughter Cows:
Head %Lean Weight Average Dress High Dress Low Dress
Breakers 86 75-80% 1300-1740 57.00-59.00 63.00-67.00 50.50-56.00
Boners 116 80-85% 1100-1300 57.50-61.75 63.00 52.50-56.00
Lean 217 85-90% 1000-1350 53.00-57.00 57.00-59.00 47.05-52.00
Light 80 80-90% 800-1000 45.50-49.50 50.25-52.00 41.00-45.00
USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE
Cutter 90%
350#/up
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Current-Cutout Value: $134.22
Change from prior day: $1.22
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West Plains-Ozarks Regional Stockyard Feeder Cattle Report for 08/31/2010
Receipts: 5556 Last Week: 4226 Year Ago: 3250
Compared to last week: Steers under 550 lbs 4.00-8.00 lower, spots 10.00
lower, heifers-mates 2.00-5.00 lower. Weights over 550 lbs 1.00-4.00 lower.
Steer yearlings steady to 2.00 lower, yearling heifers 2.00-4.00 lower.
Feeder Steers: Medium and Large 1: 300-400 lbs 129.00-139.00, small pkg thin
300 lbs 142.50; 400-500 lbs 117.50-132.50; 500-600 lbs 111.50-122.00; 600-700
lbs 110.00-119.00, lot fancy weaned w/2-rounds 631 lbs 124.00, some fleshy/un-
weaned 108.00-108.50; 700-800 lbs 110.00-114.00; lot 909 lbs 101.50. Medium and
Large 1-2: few 275-285 lbs thin 150.00-157.50; 350-400 lbs 124.00-132.50; 400-
500 lbs 115.00-125.00; 500-550 lbs 113.00-120.50; 550-600 lbs 108.00-117.00;
600-700 lbs 111.50-119.00; 700-800 lbs 103.00-111.50; 800-850 lbs 104.00-108.00;
lot 920 lbs fleshy 100.00. Medium and Large 2: 300-400 lbs 117.50-130.00, pkg
thin 360 lbs 132.50; 400-500 lbs 113.00-120.00; 500-550 lbs 114.00-121.00; 550-
600 lbs 103.00-110.00; pkg 639 lbs 112.50; 725-750 lbs 104.00-108.50; lot 857
lbs 100.50.
Feeder Heifers: Medium and Large 1: 300-400 lbs 112.50-125.00; 400-500 lbs
108.00-117.50; 500-600 lbs 104.00-114.00; 600-700 lbs 105.00-110.50. Medium and
Large 1-2: 350-400 lbs 110.00-116.00; 400-500 lbs 105.00-115.00; 500-600 lbs
102.50-112.50; 600-650 lbs 100.00-107.50; 700-800 lbs 97.50-104.00; couple lots
825-875 lbs fleshy 94.50-95.00. Medium and Large 2: 400-500 lbs 106.00-115.00;
500-600 lbs 100.00-110.00; 600-700 lbs 98.00-103.50; 700-735 lbs 99.00-100.00.
CME Future Closes for Feeder Cattle
Month Close Change Month Close Change
Sep 113.87 - .22 Jan 114.80 - .05
Oct 114.85 - .25 Mar 114.25 - .20
Nov 115.27 - .42 Apr 114.17 - .27
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 1.57 lower with prices ranging from 70.25-78.38, weighted average
price 76.91. Iowa-Minnesota was 1.34 lower at 71.00-78.38, weighted average
price 77.92. Western Cornbelt was 1.28 lower at 70.25-78.38, weighted average
price 77.81 and Eastern Cornbelt was .37 lower at 74.50-78.00, weighted average
price 77.19.
Live Basis (240-280 lbs): National direct barrows and gilts were 1.32 lower
at 54.97-61.66, weighted average price 60.20. Iowa-Minnesota was 1.92 lower at
55.25-61.44, weighted average 60.12. Western Cornbelt was 1.66 lower at 55.04-
61.44, weighted average price 59.99. Eastern Cornbelt was .96 lower at 54.97-
61.66, weighted average price 60.43.
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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09/01 95.38 90.73 94.83 79.59 62.64 119.77 81.59 147.38
Change : -0.50 -2.48 2.97 -0.46 -3.74 0.01 unc
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HOG Slaughter under Federal Inspection
Wednesday(est) 413,000
Week ago (est) 413,000
Year ago (act) 431,000
Week to date (est) 1,221,000
Same Period Last Week (est) 1,228,000
Same Period Last Year (act) 1,299,000
CME Futures Closes for Lean Hogs:
Month Close Change Month Close Change
Oct 74.95 - .20 Apr 76.92 + .00
Dec 72.87 - .40 May 80.10 - .30
Feb 75.92 + .12 Jun 82.70 - .05
SHEEP
Producers Livestock Auction, San Angelo, Texas: Sheep and Goat Auction:
Estimated Receipts: 8200 Last Week: 8130 Year Ago: 11,757
Compared to last week: Heavy slaughter lambs not well tested; light slaughter
lambs steady. All sheep and goats sold per hundred weight (CWT) unless
otherwise specified.
Slaughter Lambs: Choice 2-3: shorn and wooled 100-140 lbs 104.00-115.00.
Choice and Prime 1: 40-60 lbs 140.00-150.00; 60-80 lbs 135.00-145.00, few
145.00-152.00; 80-100 lbs 125.00-135.00, few 140.00-144.00. Choice 1-2: 40-60
lbs 130.00-140.00; 60-80 lbs 120.00-136.00; 80-100 lbs 115.00-125.00. Good 1:
50-100 lbs 100.00-115.00.
Gillespie Livestock Co – Fredericksburg, TX – Tuesday – 08/31/10
Total Receipts: 4,000 Last Week: 4,439 Year Ago: 4,333
Sheep Receipts: 1,235 Last Week: 1,029 Year Ago: 1,733
Compared to last week: Light slaughter lambs 5.00-10.00 higher, heavy weights
steady. Prices per CWT unless specified.
Slaughter Lambs: Non-traditional Market: Choice, few Prime 1-2: 90-110 lbs
110.00-120.00. Choice 1-2: 90-140 lbs 95.00-110.00. Good, few Choice 1-2: 40-
85 lbs 135.00-157.00. Good: 40-85 lbs 120.00-135.00.
NATIONAL DAILY LAMB CARCASS REPORT
Negotiated sales for delivery within 14 calendar days, FOB Plant basis.
DAILY CHOICE AND PRIME, YG 1-4 Head 874
Weight Head Wt Avg
45-DN 30 375.63
45-55# 52 280.12
55-65# 384 265.58
65-75# 311 254.17
75-85# 89 248.22
85-UP 8 249.00
SHEEP Slaughter under Federal Inspection
Wednesday est) 9,000
Week ago (est) 9,000
Year ago (act) 9,000
Week to Date (est) 25,000
Same Period Last Week (est) 25,000
Same Period Last Year (act) 27,000
Goats
Producers Livestock Auction, San Angelo, Texas: Sheep and Goat Auction:
Estimated Receipts: 8200 Last Week: 8130 Year Ago: 11,757
Compared to last week: kids weak. All sold per hundred weight (CWT) unless
otherwise specified.
Slaughter Classes: Kids: Selection 1: 30-40 lbs 140.00-160.00, set 168.00;
40-80 lbs 141.00-158.00, few 166.00-168.00; 80-100 lbs 140.00-144.00. Selection
1-2: 25-40 lbs 120.00-135.00; 40-80 lbs 130.00-143.00; 80-100 lbs 125.00-140.00.
Selection 2: 30-40 lbs 100.00-110.00; 40-80 lbs 115.00-130.00.
Gillespie Livestock Co – Fredericksburg, TX – Tuesday – 08/31/10
Total Receipts: 4,000 Last Week: 4,439 Year Ago: 4,333
Goat Receipts: 2,765 Last Week: 3,410 Year Ago: 2,600
Compared to last week: Slaughter steady. Prices per CWT unless specified.
Slaughter Kids: Selection 1: 25-40 lbs 135.00-158.00, 45-60 lbs 145.00-
160.00, few to 164.00, 60-80 lbs 135.00-160.00, few to 165.00.
