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Daily Midwest Livestock Summary
AMARILLO - Nov 20/09 - 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; not enough sales to
establish an adequate market trend. Steers: Live basis; (all Grades: 0 head).
Dressed basis; (all Grades: 203 head) 130.00-132.00, weighted average 131.16.
Heifers: Live basis; (all Grades: 110 head) 81.00. Dressed Basis; (all Grades:
42 head) 132.00.
For the week: In the Texas Panhandle live sales sold 1.00 lower. In Kansas
live sales sold 1.00 lower. In Nebraska live sales sold steady to 1.00 lower
and dressed sales sold steady to 2.00 lower. In Colorado live sales sold
steady. In Western Cornbelt live sales sold unevenly steady and dressed sales
sold steady to 2.00 lower.
Auction Markets:
Sheldon, IA Slaughter Cattle Auction
Report for 11/19/2009
Receipts: 602 Last Week: 465
Compared to last week, the trend is steady on the Choice steers, and $0.25 to
$0.50 lower on the Choice heifers.
Slaughter Steers Choice 2-4 1127-1494 lbs 78.00-81.30. Choice 3-4 1383-1499
lbs 76.00-77.75. Select and Choice 2-3 1125-1278 lbs 74.25-77.00.
Slaughter Heifers Choice 2-4 1089-1354 lbs 78.25-80.90. Choice 3-4 1210-1485
lbs 75.25-77.75. Select and Choice 2-3 1010-1137 lbs 76.00-77.75.
USDA ESTIMATED BOXED BEEF CUT-OUT
CHOICE SELECT
600-900 600-900
--------------------------------------------------------------------------------
Current Cutout Values: 139.18 131.97
Change from prior day: (0.43) (0.10)
--------------------------------------------------------------------------------
Choice/Select spread: 7.22
Total Load Count (Cuts, Trimmings, Grinds): 224
--------------------------------------------------------------------------------
The average live weight of cattle slaughtered in the Texas Panhandle for the
week ending 11-14-2009 was 1273 lbs with 39 percent heifers compared to 1263 lbs
and 44 percent heifers the previous week and 1272 lbs and 41 percent heifers the
same week a year ago.
CATTLE Slaughter under Federal Inspection
Friday (est) 120,000 Saturday (est) 22,000
Week ago (est) 118,000 Week ago (est) 30,000
Year ago (act) 124,000 Year ago (act) 21,000
Week to date (est) 609,000 Week to date (est) 631,000
Same Period Last Week (est) 595,000 Same Period Last Week (est) 625,000
Same Period Last Year (act) 615,000 Same Period Last Year (act) 636,000
CME Futures Closes for Live Cattle:
Month Close Change Month Close Change
Dec 83.95 + .27 Jun 85.17 + .32
Feb 85.42 + .05 Aug 85.50 + .20
Apr 88.05 + .17 Oct 88.30 + .12
New Holland Sales Stables Auction Report for Thursday, November 19, 2009
Compared to last Thursday, Slaughter cows sold 1.00-1.50 higher.
Slaughter Cows:
Percent Lean Avg. Dressing High Dressing Low Dressing
Premium White 65-75 44.00-47.00 47.50-48.50 42.00-43.00
Breakers 75-80 42.50-44.50 45.00-46.00 41.00-42.00
Boners 80-85 40.50-42.50 43.00-44.00 39.00-40.00
Lean 88-90 36.50-40.50 41.00-43.00 34.00-36.00
USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE
Cutter 90%
350#/up
--------------------------------------------------------------------------------
Current-Cutout Value: $99.16
Change from prior day: ($1.16)
--------------------------------------------------------------------------------
Farmers & Ranchers Livestock Commission Co., Salina Kansas
Receipts: 3031 Last Sale: 2288 Year Ago: 5946
Compared to last week: Steers 350-650 lbs 2.00-3.00 higher; 650-1000 lbs steady
to 2.00 higher. Heifers 350-950 lbs steady to 3.00 higher.
Feeder Steers (Figures in parentheses are weighted average prices.) Medium
and Large 1: 350-400 lbs 124.00-125.00 (124.49); 450-500 lbs 114.50-117.00
(115.72); 500-550 lbs 107.00-112.50 (109.98); 550-600 lbs 107.50-111.50
(109.92); 600-650 lbs 97.00-103.50 (99.43); 650-700 lbs 94.00-96.00 (94.80);
750-800 lbs 93.25-94.75 (93.61); 800-850 lbs 92.75-93.25 (92.97); 850-900 lbs
90.00-92.00 (90.94); 900-950 lbs 91.50-92.00 (91.53); 55 head Value Added 900
lbs 94.10; 950-1000 lbs 90.10-91.75 (90.58). Medium and Large 1-2: 450-500 lbs
107.00-110.50 (109.50); 500-550 lbs 104.00-106.50 (105.45); 550-600 lbs 98.00-
105.50 (102.24); 600-650 lbs 94.00-96.00 (95.34); 650-700 lbs 90.25-93.50
(92.02); 700-750 lbs 90.00-93.25 (92.31); 750-800 lbs 89.75-93.50 (91.91); 800-
850 lbs 86.50-92.50 (91.57); 900-950 lbs 87.75-88.75 (88.12). Medium and Large
2: 5 head 492 lbs 100.00; 500-550 lbs 92.00-102.50 (98.23); 550-600 lbs 90.00-
96.00 (92.56); 600-650 lbs 87.00-90.50 (89.39); 650-700 lbs 85.00-88.00 (86.27).
Feeder Heifers (Figures in parentheses are weighted average prices.) Medium
and Large 1: 350-400 lbs 95.00-97.00 (95.66); 400-450 lbs 97.00-99.50 (98.80);
450-500 lbs 91.00-94.50 (92.41); 500-550 lbs 90.00-91.50 (90.71); 550-600 lbs
88.50-92.50 (90.93); 600-650 lbs 89.00-90.75 (89.55); 650-700 lbs 87.25-88.00
(87.39), 700-750 lbs 86.00-87.10 (86.66); 750-800 lbs 85.00-86.50 (85.62); 800-
850 lbs 85.25-86.10 (86.01); 850-900 lbs 83.75-85.75 (85.01); 900-950 lbs 80.50-
84.00 (82.72). Medium and Large 1-2: 500-550 lbs 85.00-89.00 (88.06); 550-600
lbs 87.25-87.50 (87.32); 600-650 lbs 83.00-88.50 (86.36); 650-700 lbs 84.00-
86.75 (84.77); 700-750 lbs 84.00-85.50 (85.27); 750-800 lbs 83.00-85.60 (84.50);
60 head 898 lbs 82.00. Medium and Large 2: 550-600 lbs 84.00-86.50 (85.47);
600-650 lbs 79.00-82.50 (80.86); 650-700 lbs 83.00-83.50 (83.34); 7 head 786 lbs
80.00.
CME Future Closes for Feeder Cattle:
Month Close Change Month Close Change
Jan 92.67 + .85 May 95.90 + .80
Mar 93.57 + .72 Aug 98.10 + 1.00
Apr 94.92 + .92 Sep 98.00 + .10
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 .42 higher with prices ranging from 44.00-54.00, weighted average
price 51.31. Iowa-Minnesota .12 higher at 44.50-54.00, weighted average price
51.62. Western Cornbelt .48 higher at 44.00-54.00, weighted average price
51.81. Eastern Cornbelt .46 higher at 44.75-53.00, weighted average price
50.17.
Live Basis (240-280 lbs): National direct barrows and gilts .21 lower at
32.01-42.00, weighted average 39.30. Iowa-Minnesota .59 lower at 34.00-42.00,
weighted average 37.94. Western Cornbelt .53 lower at 32.01-42.00, weighted
average 37.99. Eastern Cornbelt .02 lower at 37.57-41.85, weighted average
40.26.
For the week: National Direct barrow and gilt prices 1.06 lower.
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
-----------------------------------------------------------------------
11/20 50.63 58.21 63.79 63.94 45.04 87.80 52.77 70.79
Change : 1.27 -0.11 1.35 0.42 0.16 4.43 unc
------------------------------------------------------------------------
HOG Slaughter under Federal Inspection
Friday (est) 427,000 Saturday (est) 163,000
Week ago (est) 413,000 Week ago (est) 185,000
Year ago (act) 429,000 Year ago (act) 194,000
Week to date (est) 2,159,000 Week to date (est) 2,322,000
Same Period Last Week (est) 2,105,000 Same Period Last Week (est) 2,290,000
Same Period Last Year (act) 2,173,000 Same Period Last Year (act) 2,368,000
CME Futures Closes for Lean Hogs:
Month Close Change Month Close Change
Dec 57.60 + 1.62 May 73.12 + .80
Feb 64.37 + 1.10 Jun 76.60 + .67
Apr 68.75 + 1.40 Jul 76.12 + .87
SHEEP
Auction Markets:
Slaughter lambs not tested.
Direct Markets:
Eastern Cornbelt Direct Sheep Weekly Report
Total sheep and lamb sales: 950 Last week: 950 Year ago: 599
Compared to last week, slaughter lambs traded steady to 2.00 higher.
Wooled Slaughter Lambs: Choice and Prime 2-3: 90-110 lbs 95.00-100.00; 110-
130 lbs 92.00-95.00. Good and Choice 1-2: 60-90 lbs 112.00.
NATIONAL DAILY LAMB CARCASS REPORT
Compared to last week: 65#'s and down trended lower;
65#'s and up trended 1.19-1.62 lower.
DAILY CHOICE AND PRIME, YG 1-4 Head 1,517
Weight Head Wt Avg
45-DN 68 299.24
45-55# 111 252.91
55-65# 187 230.81
65-75# 534 199.02
75-85# 578 195.00
85-UP 39 192.00
* SAT-FRI CHOICE AND PRIME, YG 1-4 Head 9,517
Weight Head Wt Avg
45-DN 289 274.58
45-55# 376 240.42
55-65# 2,313 209.98
65-75# 2,885 197.92
75-85# 2,981 194.15
85-UP 673 187.33
SHEEP Slaughter under Federal Inspection
Friday (est) 9,000 Saturday (est) 1,000
Week ago (est) 9,000 Week ago (est) 1,000
Year ago (act) 8,000 Year ago (act) 0
Week to date (est) 48,000 Week to date (est) 49,000
Same Period Last Week (est) 50,000 Same Period Last Week (est) 51,000
Same Period Last Year (est) 46,000 Same Period Last Year (act) 46,000
GOATS
Direct Markets:
Eastern Cornbelt Direct Goats
Compared to last week, slaughter goats traded steady.
Slaughter Goats (cwt.): Kids: Selection 1: 40-60 lbs 125.00. Selection 2: 40-60
lbs 120.00. Yearlings: Not tested.
Auction Markets:
South Carolina Weekly Auctions
Goats: Receipts 225. Goats sold per head basis. Slaughter and Replacement
classes. Weights are estimated. Kids: Selection 1 20-40 lbs 35.00-50.00, 40-60
lbs 45.00-69.00, 60-80 lbs 65.00-83.00. Selection 2 20-40 lbs 30.00-37.50, 40-
60 lbs 40.00-45.00, 60-80 lbs 52.50-60.00. Yearlings: Selection 1 60-80 lbs
75.00-89.00. Selection 2 40-60 lbs 40.00-42.50, 60-80 lbs 61.00-67.50.
Source: USDA-TX Dept of Ag Market News, Amarillo, TX
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STAT News Service
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