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Daily Midwest Livestock Summary
AMARILLO - Jul 2/09 - SNS -- Market conditions for cattle, hogs and
lambs in the major markets in the U.S. midwest are summarized in the latest daily report from the USDA.
Daily Livestock Summary
CATTLE
Direct Trade:
In the direct slaughter cattle trade in the Five Major Marketing Areas,
Texas/Oklahoma; Kansas; Nebraska; Colorado; Iowa/Minnesota; in Kansas fed cattle
trading was moderate with moderate demand trading 1.00 higher at 83.00. Texas
Panhandle, Northern Plains and Western Cornbelt not enough sales to establish
and adequate market trend. Steers: Live basis; (all Grades: 10,710 head) 80.00-
83.00, weighted average price 82.74. Dressed basis; (all Grades: 6,807 head)
128.00-132.00, weighted average price 131.22. Heifers: live basis; (all Grades:
6,386 head) 81.00-83.00, weighted average price 82.91. Dressed Basis; (all
Grades: 4,442 head) 129.00-131.00, weighted average price 130.35.
Auction markets:
Greenville Livestock Auction, Inc at Greenville, IL Wed Jul 1, 2009
Receipts: 586 Last Week: 900 Year Ago: 507
Compared to last week: Slaughter steers and heifers traded mostly steady.
Slaughter Holstein steers sold 1.00 lower.
Slaughter Steers: Choice 2-3: 1100-1500 lbs 80.50-85.50. Select and Choice
2-3: 1100-1500 lbs 80.00-80.50.
Slaughter Holstein Steers: Choice 2-3: 1310-1465 lbs 74.00-76.00. Select and
Choice 2-3: 1100-1700 lbs 68.00-73.50.
Slaughter Heifers: Choice 2-3: 1000-1300 lbs 80.00-84.50. Choice 3-4: 1430
lbs 77.50. Select and Choice 2-3: 1000-1400 lbs 75.00-79.50. Select 1-2: 985-
1300 lbs 70.00-75.00.
Tama, IA Slaughter Cattle Auction
Receipts: 899 Last Week: 569
Compared to last week: Choice steers and heifers steady, Holsteins steady to
.50 lower.
Slaughter Steers: Choice 2-4: 1186-1297 lbs 81.50-84.75; 1302-1478 lbs 81.75-
85.00; 1513-1575 lbs 82.25-82.75. Select and Choice 2-3: 1078 lbs 83.10; 1103-
1280 lbs 80.00-83.75. Select 2-3: 1000-1035 lbs 77.50-80.50; 1165-1180 lbs
77.00-80.00.
Slaughter Holstein Steers: Choice 2-3: 1320-1480 lbs 73.00-77.00; 1515-1606
lbs 73.25-76.50; 1709 lbs 74.00. Select and Choice 2-3: 1195-1247 lbs 70.00-
73.50. Select 2-3: 1173-1290 lbs 68.00-71.00.
Slaughter Heifers: Choice 2-4: 1174-1194 lbs 83.35-84.25; 1207-1370 lbs
81.00-84.50; 1405-1450 lbs 80.00-83.60. Select and Choice 2-3: 1035-1199 lbs
80.25-83.60. Select 2-3: 949-965 lbs 78.50-79.00; 1035-1095 lbs 74.50-81.60.
USDA ESTIMATED BOXED BEEF CUT-OUT VALUES
CHOICE SELECT
600-900 600-900
--------------------------------------------------------------------------------
Current Cutout Values: 137.89 132.44
Change from prior day: (0.30) (0.04)
--------------------------------------------------------------------------------
Choice/Select spread: 5.46
Total Load Count (Cuts, Trimmings, Grinds): 283
--------------------------------------------------------------------------------
CATTLE Slaughter under Federal Inspection
Thursday (est) 126,000
Week ago (est) 128,000
Year ago (act) 127,000
Week to date (est) 513,000
Same Period Last Week (est) 516,000
Same Period Last Year (act) 511,000
CME Futures Closes for Live Cattle:
Month Close Change Month Close Change
Aug 84.87 - .87 Feb 90.10 + .20
Oct 90.22 - .55 Apr 90.60 - .40
Dec 90.05 - .07 Jun 88.05 + .12
OKC West - El Reno Livestock Market, El Reno, OK. Wed 07/01/2009
Compared to last week: Slaughter cows 1.00-3.00 lower.
Slaughter Cows:
%Lean Weight Average Dress High Dress Low Dress
Breakers 75-80% 1075-1400 51.50-53.50 54.00-56.50 48.50-50.00
Boners 80-85% 1050-1650 50.50-54.00 54.00-57.50 45.00-49.50
Lean 85-90% 1050-1400 47.50-51.00 ----- 40.50-45.00
Lights 85-90% 675-1000 44.50-48.00 50.00-53.00 39.50-42.00
Very Low 33.00-37.50
USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE
Cutter 90%
350#/up
--------------------------------------------------------------------------------
Current-Cutout Value: $112.02
Change from prior day: $0.43
----------------------------------------------------------------------------------------------------------
El Reno Livestock Market, El Reno, OK on Wednesday 07/01/2009
Actual Receipts: 5083 Last Week: 5615 Last Year: Closed
Compared to last week: Feeder steers 3.00-5.00 higher. Feeder heifers
2.00-4.00 higher. Steer and heifer calves 2.00-4.00 higher in a light test.
Feeder Steers: Medium and Large 1: 375-400 lbs 115.00-123.00; 425-500 lbs
113.00-119.00, fleshy 110.00-114.00; 500-550 lbs 109.00-114.00; 550-600 lbs
104.00-108.00; 625-675 lb calves 95.50-102.50; 600-700 lbs 104.00-108.00; 700-
800 lbs 100.00-104.75; 800-850 lbs 99.50-104.50; 850-900 lbs 96.00-102.00; 900-
975 lbs 92.50-97.00. Medium and Large 1-2: 400 lbs thin 120.00; 435 lbs 115.50;
575 lbs 106.50; 675-700 lbs 100.00-104.00; 700-800 lbs 98.50-103.50; 800-900 lbs
95.75-98.75; 900-975 lbs 91.75-93.50. Medium and Large 2: 450-500 lbs 105.00-
108.00; 550-575 lbs 102.00-102.50; 600-700 lbs 100.00-103.75; 700-800 lbs 94.50-
102.50; 800-825 lbs 93.50-98.00; 1000 lbs 85.00.
Feeder Heifers: Medium and Large 1: few 350-375 lbs 101.00-102.00; 425-500
lbs 102.00-107.50, fleshy 95.00-97.00; 500-550 lbs 100.00-105.00; 550-600 lbs
99.00-104.00; 600-700 lbs 97.00-101.00; 700-775 lbs 93.25-98.50; 800-850 lbs
89.50-95.25; 900 lbs 88.50; 1030 lbs 77.50. Medium and Large 1-2: 500-550 lbs
99.00-103.75; 625-700 lbs 95.75-100.00; 725-800 lbs 92.00-97.25; few lots 875-
905 lbs 87.00. Medium and Large 2: 400-500 lbs 90.00-95.00; 500-550 lbs thin
102.00-104.00; 600-700 lbs 92.50-100.00; 700-800 lbs 87.00-95.25.
CME Future Closes for Feeder Cattle
Month Close Change Month Close Change
Aug 103.45 - .32 Nov 102.50 + .10
Sep 102.12 - .05 Jan 101.40 + .35
Oct 102.47 + .20 Mar 100.20 + .20
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 .52 higher with prices ranging from 46.50-60.50, weighted average
price 56.99. Iowa-Minnesota .70 higher at 46.50-60.50, weighted average price
58.60. Western Cornbelt .67 higher at 46.50-60.50, weighted average price 58.56
and the Eastern Cornbelt .97 higher at 48.00-58.00, weighted average price
55.11.
Live Basis (240-280 lbs): National direct barrows and gilts 1.74 higher at
41.97-46.50, weighted average 45.79. Iowa-Minnesota 2.34 higher at 41.97-46.50,
weighted average 45.82. Western Cornbelt 1.16 higher at 41.97-46.50, weighted
average 45.82. Eastern Cornbelt 2.70 higher at 42.50-46.50, weighted average
45.77.
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
-----------------------------------------------------------------------
07/02 78.5 55.00 68.90 62.91 37.62 98.72 41.96 64.32
Change : 1.23 -2.24 -1.16 0.12 -2.80 6.74 2.44
-----------------------------------------------------------------------
HOG Slaughter under Federal Inspection
Thursday (est) 413,000
Week ago (est) 411,000
Year ago (act) 418,000
Week to date (est) 1,655,000
Same Period Last Week (est) 1,636,000
Same Period Last Year (act) 1,708,000
CME Futures Closes for Lean Hogs:
Month Close Change Month Close Change
Jul 59.97 + .72 Dec 58.25 + 1.05
Aug 61.15 + .45 Feb 63.80 + 1.20
Oct 57.17 + .25 Apr 67.22 + .82
SHEEP
Auction Markets:
Centennial Livestock Auction - Ft. Collins, CO
No report available due to holiday closing.
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 7/01/2009.*
Compared to last week: 65#'s and down trended weak to sharply
lower; 65-85#'s trended 2.98-3.97 lower; 85#'s and up trended
0.83 lower.
DAILY CHOICE AND PRIME, YG 1-4 Head
Weight Head Wt Avg
45-DN * 326.58
45-55# * 263.24
55-65# * 231.97
65-75# * 225.67
75-85# * 220.64
85-UP * 212.69
* SAT-FRI CHOICE AND PRIME, YG 1-4 Head 7,271
Weight Head Wt Avg
45-DN 159 297.47
45-55# 292 254.08
55-65# 1,807 232.82
65-75# 1,764 224.53
75-85# 1,872 219.18
85-UP 1,377 208.59
SHEEP Slaughter under Federal Inspection
Thursday (est) 8,000
Week ago (est) 9,000
Year ago (act) 9,000
Week to date (est) 35,000
Same Period Last Week (est) 32,000
Same Period Last Year (act) 37,000
GOATS
Auction Markets:
Centennial Livestock Auction - Ft. Collins, CO
No report available due to holiday closing.
Source: USDA-TX Dept of Ag Market News, Amarillo, TX
---
STAT News Service
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