Amarillo — Here’s the daily livestock summary for Friday, Oct. 30, 2009.
CATTLE
Direct Trade: In the direct slaughter cattle trade in the Five Major Marketing Areas, Texas/Oklahoma; Kansas; Nebraska; Colorado; Iowa/Minnesota; Thus far for Friday, trading in the Texas Panhandle, Northern Plains and Western Cornbelt has been limited on very light demand. Not enough sales in these feeding regions to establish an adequate market test.
In Kansas, trading was light on light
demand, a few sales of negotiated cash beef type steers and heifers steady with
Thursday trading at 87.50. Steers: Live basis: (all Grades: 3,459 head) 87.50.
Dressed basis; (all Grades: 280 head) 132.00-133.00, weighted average 132.86.
Heifers: Live basis; (all Grades: 1,790 head) 87.50. Dressed Basis; (all
Grades: 0 head).
For the week: Texas/Oklahoma/New Mexico live sales 1.00-2.00 higher at 88.00.
Kansas live sales 2.00-2.50 higher from 87.00-87.50 and dressed sales 3.00
higher at 139.00. Nebraska dressed sales 3.00 higher at 135.00 and live sales
1.50-2.00 higher from 86.00-87.00. Colorado live sales 1.00-2.00 higher from
86.00-87.00 and dressed sales at 136.00 on a light test. Iowa/Minnesota live
sales 1.00-2.00 higher from 83.00-84.00 and dressed sales 2.00-3.00 higher from
132.00-135.00.
Auction Markets:
New Holland Sales Stables Cattle and Calf Auction Report for Thu Oct 29
Compared to last week: A less attractive supply of steers on offer. Steers
destine for Kosher slaughter sold steady to .50 lower, the remainder of the
steers sold steady to firm with moderate demand and moderate trade. Heifers
sold steady to firm on a light test.
Slaughter Steers: High Choice and Prime 2-3: 1280-1490 lbs 82.00-85.00; 1530-
1667 lbs 79.00-81.50; YG4-5 1290-1510 lbs 77.50-80.00. Choice 2-3: 1190-1418
lbs 79.00-81.50. High Select and low Choice 2-3: 1115-1335 lbs 76.50-79.00.
Slaughter Heifers: High Choice and Prime 2-3: 1210-1380 lbs 80.00-82.00, few
up to 83.50; YG4-5 1350-1445 lbs 77.00-79.00. Choice 2-3: 980-1305 lbs 74.00-
78.00.
USDA ESTIMATED BOXED BEEF CUT-OUT VALUES
CHOICE SELECT
600-900 600-900
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Current Cutout Values: 140.83 135.38
Change from prior day: (0.33) (0.62)
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Choice/Select spread: 5.45
Total Load Count (Cuts, Trimmings, Grinds): 194
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The average live weight of cattle slaughtered in the Texas Panhandle for the
week ending 10-24-2009 was 1281 lbs with 41 percent heifers compared to 1281 lbs
and 45 percent heifers the previous week and 1269 lbs and 42 percent heifers the
same week a year ago.
CATTLE Slaughter under Federal Inspection
Friday (est) 120,000 Saturday (est) 31,000
Week ago (est) 118,000 Week ago (est) 26,000
Year ago (act) 123,000 Year ago (act) 22,000
Week to date (est) 620,000 Week to date (est) 651,000
Same Period Last Week (est) 620,000 Same Period Last Week (est) 646,000
Same Period Last Year (act) 617,000 Same Period Last Year (act) 640,000
CME Futures Closes for Live Cattle:
Month Close Change Month Close Change
Oct 81.65 – 3.00 Apr 88.65 - .35
Dec 85.67 - .60 Jun 85.27 - .37
Feb 86.85 - .22 Aug 85.12 - .47
Producers Livestock Auction Co Report, San Angelo, Texas
Compared to last week: Slaughter cows 1.00-2.00 lower.
Slaughter Cows:
%Lean weight avg dress hi-dress low-dress
Breakers 75-80 1200-1650 lbs 39.00-42.50
Boners 80-85 900-1575 lbs 38.00-44.50 37.00-40.00
Lean 85-90 850-1100 lbs 35.00-38.00 33.00-36.00
Lean 85-90 700- 900 lbs 26.50-33.00
USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE
Cutter 90%
350#/up
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Current-Cutout Value: $102.63
Change from prior day: $0.08
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Pratt Livestock Feeder Cattle Auction Pratt KS Close for 10/29/09
Receipts: 1694 Last Week: 1318 Year Ago: 1904
Compared with last week: Steers 750 lbs and over steady to 3.00 higher; under
750 lbs steady to firm on a light test. Heifers 300-1000 lbs steady in a very
light test.
Feeder steers: (Figures in parentheses are weighted average prices) Medium
and Large 1: 350-400 lbs 113.00-118.00 (114.87); 400-450 lbs 109.00-112.00
(110.06); 5 head 515 lbs 102.00; 750-800 lbs 92.50-96.85 (95.94); 62 head 822
lbs 94.60; 850-900 lbs 90.50-94.75 (91.83); 7 head 979 lbs 91.10; 43 head 1000
lbs 90.00. Calves: 600-650 lbs 92.75-96.75 (94.76); 10 head 665 lbs 94.00.
Medium and Large 1-2: 20 head 446 lbs 102.75; 450-500 lbs 100.00-103.00
(100.68); 5 head 521 lbs 95.00; 550-600 lbs 91.00-92.00 (91.29); 650-700 lbs
88.00-90.00 (89.72); 700-750 lbs 88.00-90.50 (89.57); 750-800 lbs 88.75-89.00
(88.85); 10 head 834 lbs 90.00; 56 head 901 lbs 88.00; 950-1000 lbs 87.00-88.10
(87.46). Calves: 6 head 660 lbs 85.00. Medium and Large 2: 8 head 616 lbs
85.00; 5 head 778 lbs 82.85.
Feeder heifers: (Figures in parentheses are weighted average prices) Medium
and Large 1: 350-400 lbs 104.00-108.00 (105.14); 400-450 lbs 94.00-95.00
(94.34); 500-550 lbs 88.00-92.00 (89.03); 9 head 641 lbs 87.50; 700-750 lbs
85.75-86.50 (86.26); 750-800 lbs 84.35-87.25 (85.38); 42 head 807 lbs 83.50.
Medium and Large 1-2: 5 head 472 lbs 92.00; 550-600 lbs 87.00-88.00 (87.22);
650-700 lbs 82.00-83.50 (82.93); 5 head 741 lbs 82.50; 800-850 lbs 78.00-80.25
(79.69); 900-950 lbs 77.50-78.50 (77.91); 5 head 957 lbs 78.00; 1050-1100 lbs
65.00-69.00 (66.73). Medium and Large 2: 9 head 605 lbs 77.50; 7 head 944 lbs
69.00.
CME Future Closes for Feeder Cattle:
Month Close Change Month Close Change
Nov 94.80 + .20 Apr 96.40 - .02
Jan 95.07 + .05 May 97.25 - .10
Mar 95.60 + .05 Aug 98.45 + .05
HOGS
Direct Trade:
Dressed Basis: The direct hog trade prices are 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 .23 lower at 42.50-53.54,
weighted average 51.48. Iowa-Minnesota .22 lower at 43.50-53.04, weighted
average 52.05. Western Cornbelt .06 lower at 42.50-53.54, weighted average
52.30 and Eastern Cornbelt .04 lower at 42.50-51.35, weighted average 49.59.
Live Basis (240-280 lbs): National direct barrows and gilt .35 lower at
33.25-42.00, weighted average 39.72. Iowa-Minnesota 1.06 higher at 34.00-42.00,
weighted average 39.82. Western Cornbelt 1.15 higher at 34.00-42.00, weighted
average 39.75. Eastern Cornbelt 1.17 lower at 33.25-41.90, weighted average
39.62.
For the week: Barrows and gilts in the National, Iowa-Minnesota, Western and
Eastern Cornbelt .68 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
———————————————————————–
10/30 25.0 58.17 65.53 57.85 36.07 84.96 57.68 72.68
Change : -0.51 0.53 0.08 -0.01 -1.35 -2.41 unc
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HOG Slaughter under Federal Inspection
Friday (est) 425,000 Saturday (est) 146,000
Week ago (est) 426,000 Week ago (est) 186,000
Year ago (act) 430,000 Year ago (act) 209,000
Week to date (est) 2,148,000 Week to date (est) 2,294,000
Same Period Last Week (est) 2,142,000 Same Period Last Week (est) 2,328,000
Same Period Last Year (act) 2,169,000 Same Period Last Year (act) 2,379,000
CME Futures Closes for Lean Hogs:
Month Close Change Month Close Change
Dec 56.70 - .50 May 71.95 + .07
Feb 63.60 + .42 Jun 74.95 + .02
Apr 66.80 + .55 Jul 74.35 + .15
SHEEP
Eastern Cornbelt Direct Sheep Weekly Report
(includes lambs sold in IL.,IN.,OH.,MI.)
Total sheep and lamb sales: 881 Last week: 895 Year ago: 413
Compared to last week: Slaughter lambs traded mostly steady.
Wooled Slaughter Lambs: Choice and Prime 2-3: 90-110 lbs 98.00; 110-130 lbs
91.00. Good and Choice 1-2: 60-90 lbs 105.00.
NATIONAL DAILY LAMB CARCASS REPORT
**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 10/28/2009.**
Negotiated sales for delivery within 14 calendar days, FOB Plant basis.
DAILY CHOICE AND PRIME, YG 1-4 Head
Weight Head Wt Avg
45-DN **284.06
45-55# **276.25
55-65# **213.67
65-75# **193.14
75-85# **192.23
85-UP **186.81
* SAT-FRI CHOICE AND PRIME, YG 1-4 Head 8,520
Weight Head Wt Avg
45-DN 178 268.31
45-55# 281 246.86
55-65# 1,276 219.98
65-75# 2,863 200.85
75-85# 3,040 195.97
85-UP 882 188.99
SHEEP Slaughter under Federal Inspection
Friday (est) 8,000 Saturday (est) 0
Week ago (est) 8,000 Week ago (est) 0
Year ago (act) 8,000 Year ago (act) 0
Week to date (est) 46,000 Week to date (est) 46,000
Same Period Last Week (est) 47,000 Same Period Last Week (est) 47,000
Same Period Last Year (est) 46,000 Same Period Last Year (act) 46,000
GOATS
South Carolina Weekly Goat Report:
Goats: Receipts 272. Goats sold per head basis. Weights are estimated.
Kids: Selection 1: 20-40 lbs 35.00-40.00, 40-60 lbs 42.00-56.00, 60-80 lbs
55.00-62.50. Selection 2: under 20 lbs one 26.00, 20-40 lbs 20.00-33.00, 40-60
lbs 36.00-49.00. Selection 3: under 20 lbs 10.00-15.00; 20-40 lbs 26.00-28.00;
40-60 lbs 34.00-36.00.
Eastern Cornbelt Direct Sheep Weekly Report
Compared to last week: Slaughter goats traded steady.
Slaughter Goats (cwt.): Kids: Selection 1: 40-60 lbs 120.00. Selection 2:
40-60 lbs 115.00.
