Amarillo — Here’s the daily livestock summary for Monday, Nov. 30, 2009.
CATTLE
Direct Trade: In the direct slaughter cattle trade in the Five Major Marketing Areas, Texas/Oklahoma; Kansas; Nebraska; Colorado; Iowa/Minnesota: Negotiated cash beef type steer and heifer trading was inactive in the Southern and Northern Plains. Trading was slow on light demand in the Western Cornbelt, but not enough sales to establish an adequate market trend.
Steers: Live Basis: (all Grades: 0 head). Dressed Basis: (all Grades: 634 head) 131.00. Heifers: Live Basis: (all Grades: 0 head). Dressed Basis; (all Grades: 0 head).
USDA ESTIMATED BOXED BEEF CUT-OUT VALUES
CHOICE SELECT
600-900 600-900
——————————————————————————–
Current Cutout Values: 141.63 133.36
Change from prior day: 0.20 (0.42)
——————————————————————————–
Choice/Select spread: 8.27
Total Load Count (Cuts, Trimmings, Grinds): 137
——————————————————————————–
CATTLE Slaughter under Federal Inspection
Monday (est) 120,000
Week ago (est) 125,000
Year ago (act) 119,000
CME Futures Closes for Live Cattle:
Month Close Change Month Close Change
Dec 83.20 + 0 Jun 85.30 + .27
Feb 85.27 + .22 Aug 85.67 + .20
Apr 88.12 + .12 Oct 88.72 + .42
St. Joseph, MO Stockyards Slaughter Cattle Auction Close for 11/30/2009
Compared to last week, slaughter cows sold steady to firm, with instances
1.00 higher on high dressing cows. Slaughter bulls traded steady.
Slaughter Cows:
Percent Lean Avg Dressing Hi Dressing Lo Dressing
Breaking 70-80 40.00-43.00 42.00-45.00 37.00-40.00
individual 48.00
Boning 80-85 38.00-42.00 42.00-44.00 35.00-38.00
Lean 85-90 32.00-37.50 38.00-40.00 20.00-30.00
USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE
Cutter 90%
350#/up
——————————————————————————–
Current-Cutout Value: $101.70
Change from prior day: $0.69
——————————————————————————–
Oklahoma National Stockyards, Oklahoma City, OK. Mid Session
Estimated Receipts: 9800 Last Monday: 7483 Year Ago: 7077
Compared to last week: Feeder cattle and heifer calves steady.
Steer calves steady to 1.00 higher. Demand moderate to good for all
classes. Quality plain to average.
Feeder Steers Medium and Large 1: Calves: 375-400 lbs 125.00;
450-500 lbs 116.50-120.50; 500-575 lbs 103.00-111.25, fleshy 99.00-
109.00; 600-700 lbs 92.25-93.50; 745 lbs 85.75; Yearlings: 645-700 lbs
93.00-97.75; 700-725 lbs 93.00-94.00; 800-825 lbs 91.00-91.75; pkg 925
lbs 93.00.
Medium and Large 1-2: Calves: lot 489 lbs 113.00; lot 545 lbs
108.00; Yearlings: 600-700 lbs 94.75-99.00; 700-800 lbs 93.50-95.00;
Lot 833 lbs 90.85.
Feeder Heifers Medium and Large 1: Calves lot 385 lbs 101.50;
400-425 lbs 97.00-103.50; 450-475 lbs 93.50-95.50; 500-550 lbs 91.00-
99.50; 550-600 lbs 85.00-91.75, fleshy 82.00-90.50; 600-650 lbs 82.50-
83.50; 650-700 lbs 77.50-82.00; Yearlings: 600-700 lbs 86.00-89.50;
lot 755 lbs 88.25.
Medium and Large 1-2: Calves: lot 359 lbs 107.50; 450-500 lbs
94.50-95.50; 500-600 lbs 88.25-95.00; Yearlings: 600-700 lbs 85.75-
88.50; lot 734 lbs 86.50.
CME Future Closes for Feeder Cattle
Month Close Change Month Close Change
Jan 92.95 + .45 May 95.95 + .50
Mar 93.75 + .60 Aug 97.82 + .47
Apr 95.20 + .65 Sep 98.00 + .05
HOGS
Direct Trade:
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 .47 hgr at 47.00-58.50, weighted average price
56.41. Iowa-Minnesota .77 hgr at 50.00-58.50, weighted average price 56.93.
Western Cornbelt .49 hgr at 50.00-58.50, weighted average price 57.15 and
Eastern Cornbelt .74 hgr at 47.00-57.23, weighted average price 54.73.
Live Basis (240-280 lbs): National direct trade barrows and gilts 1.57 hgr
at 34.21-44.67, weighted average 42.53. Iowa-Minnesota 1.37 hgr at 39.00-
43.00, weighted average 41.67. Western Cornbelt 1.74 hgr at 39.00-44.67,
weighted average 42.21. Eastern Cornbelt .79 hgr at 34.21-44.00, weighted
average 42.76.
USDA ESTIMATED PORK CARCASS CUTOUT
Calculations for a 200 lb Pork Carcass
53-54% lean, 0.65″-0.80″ backfat at last rib
———————————————————————–
` Today’s Primal Cutout Values
Date Loads Carcass Loin Butt Pic Rib Ham Belly
———————————————————————–
11/30 35.00 61.83 67.46 64.77 51.87 92.02 59.80 69.88
Change : -0.04 0.09 -0.45 0.85 2.54 -1.09 0.06
———————————————————————–
HOG Slaughter under Federal Inspection
Monday (est) 431,000
Week ago (est) 426,000
Year ago (act) 433,000
CME Futures Closes for Lean Hogs:
Month Close Change Month Close Change
Dec 58.60 - .42 May 75.05 - .25
Feb 66.87 - .45 Jun 78.07 - .10
Apr 70.55 - .10 Jul 76.60 - .10
SHEEP
Auction Markets:
No trade reported due to the holiday.
NATIONAL DAILY LAMB CARCASS REPORT
DAILY CHOICE AND PRIME, YG 1-4 Head 7,377
Weight Head Wt Avg
45-DN 68 234.82
45-55# 132 216.56
55-65# 1,056 202.64
65-75# 2,616 194.79
75-85# 2,828 191.44
85-UP 677 185.24
SHEEP Slaughter under Federal Inspection
Monday (est) 10,000
Week ago (est) 9,000
Year ago (act) 10,000
GOATS
Auction Markets:
No trade reported due to the holiday.
