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Daily Midwest Livestock Summary
AMARILLO - Feb 8/10 - 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: Thus far for
Monday, negotiated cash steer and heifer trade was at a standstill in the
Southern and Northern Plains with very limited traded on light demand in the
Iowa/Minnesota feeding region. Not enough sales in any regions to establish an
adequate market trend. Steers: Live Basis: (all grades 63 head) 84.00. Dressed
Basis; (all grades 35 head) 137.00. Heifers: Live Basis: (all grades 84 head)
84.25. Dressed Basis; (all grades 55 head) 136.00-137.00, weighted average
136.64.
Auction markets: Not tested.
USDA ESTIMATED BOXED BEEF CUT-OUT VALUES
CHOICE SELECT
600-900 600-900
--------------------------------------------------------------------------------
Current Cutout Values: 138.65 136.44
Change from prior day: 0.75 0.98
--------------------------------------------------------------------------------
Choice/Select spread: 2.21
Total Load Count (Cuts, Trimmings, Grinds): 248
-------------------------------------------------------------------------------
CATTLE Slaughter under Federal Inspection
Monday (est) 117,000
Week ago (est) 125,000
Year ago (act) 127,000
CME Futures Closes for Live Cattle:
Month Close Change Month Close Change
Feb 87.67 + .25 Aug 87.52 + .17
Apr 90.80 + .40 Oct 90.30 + .32
Jun 88.45 + .35 Dec 91.00 + .20
Torrington Livestock Commission Co. – Torrington, WY – Close on Friday
Compared to last sale: Slaughter Cows 3.00-4.00 higher.
Slaughter Cows:
Pct Lean Weight Avg Dressing High Dressing Low Dressing
Breakers 75-80 1300-1650 54.50-58.00
Boners 80-85 1050-1500 49.00-54.50 55.00-59.50 47.50-48.50
Lean 85-90 850-1400 44.00-49.00 49.50-50.50 40.50-43.00
USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE
Cutter 90%
350#/up
--------------------------------------------------------------------------------
Current-Cutout Value: $114.66
Change from prior day: $0.63
--------------------------------------------------------------------------------
Oklahoma National Stockyards, Oklahoma City, OK. - Mid Session
Estimated Receipts: 6800 Last Week: No Sale Year Ago Monday: 10,952
Compared to last test two weeks ago: Feeder cattle steady to 1.00 higher.
Calves steady. Demand good. Snow falling once again in the state, however,
this one not as strong as previous two storms.
Feeder Steers: Medium and Large 1: few lots 400-425 lbs 124.50-128.00; 475-
500 lbs 111.00-113.00; 500-600 lbs 103.50-113.00; 600-700 lbs 96.50-102.25; 700-
800 lbs 94.75-99.75; 800-900 lbs 94.50-97.50; 900-950 lbs 91.25-93.50. Medium
and Large 1-2: pkg 582 lbs 106.00; 600-700 lbs 99.50-102.25; 700-800 lbs 96.75-
98.00; 800-900 lbs 93.75-95.50.
Feeder Heifers: Medium and Large 1: lot 350 lbs 109.00; 425-500 lbs 102.00-
107.25; 500-600 lbs 94.00-100.75; 625-700 lbs 92.50-96.50; 700-800 lbs 90.00-
93.50; pkg 818 lbs 89.25. Medium and Large 1-2: 550-600 lbs 95.00-95.75; 600-
700 lbs 93.75-95.75; 700-800 lbs 90.50-94.00.
CME Future Closes for Feeder Cattle
Month Close Change Month Close Change
Mar 99.22 + .90 Aug 102.82 + .22
Apr 100.02 + .35 Sep 102.90 + .60
May 101.40 + .22 Oct 102.35 + .40
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 1.04 higher at 57.00-67.00, weighted average
price 64.37. Iowa-Minnesota .72 higher at 60.00-67.00, weighted average price
64.46. Western Cornbelt .82 higher at 60.00-67.00, weighted average price 64.90
and Eastern Cornbelt 1.78 higher at 57.00-66.95, weighted average price 63.56.
Live Basis (240-280 lbs): National direct trade barrows and gilts 1.81 lower
at 44.74-53.00, weighted average 50.43. Iowa-Minnesota .14 higher at 44.74-
53.00, weighted average 51.71. Western Cornbelt .16 lower at 44.74-53.00,
weighted average 51.29. Eastern Cornbelt 4.09 lower at 45.85-51.00, weighted
average 48.86.
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
-----------------------------------------------------------------------
02/08 55.50 68.82 77.66 66.69 47.06 112.08 63.84 87.24
Change : -0.30 -1.41 0.43 0.71 -0.39 -0.19 unc
-----------------------------------------------------------------------
HOG Slaughter under Federal Inspection
Monday (est) 422,000
Week ago (est) 412,000
Year ago (act) 423,000
CME Futures Closes for Lean Hogs:
Month Close Change Month Close Change
Feb 67.57 + .87 Jun 77.60 + 2.17
Apr 68.77 + 2.05 Jul 77.20 + 2.40
May 74.70 + 2.22 Aug 75.77 + 1.80
SHEEP
Auction Markets:
Mills County Commission Co - Goldthwaite, TX - Friday - 02/05/10
Sheep and Goats: 978 Week Ago: 747 Year Ago: 1,931
Compared to last week: Slaughter lambs steady to firm. Prices per CWT unless
specified.
Slaughter Lambs: Choice and Prime 2-3: 90-130 lbs 90.00-105.00. Good and
Choice 1-3: 40-85 lbs 134.00-170.00. Good: 40-85 lbs 120.00-130.00.
NATIONAL DAILY LAMB CARCASS REPORT
Negotiated sales for delivery within 14 calendar days, FOB Plant basis.
DAILY CHOICE AND PRIME, YG 1-4 Head 5,509
Weight Head Wt Avg
45-DN 110 254.30
45-55# 115 225.93
55-65# 429 219.38
65-75# 1,694 199.63
75-85# 1,881 195.28
85-UP 1,280 190.27
SHEEP Slaughter under Federal Inspection
Monday (est) 10,000
Week ago (est) 10,000
Year ago (act) 10,000
GOATS
Auction Markets:
Mills County Commission Co - Goldthwaite, TX - Friday - 02/05/10
Sheep and Goats: 978 Week Ago: 747 Year Ago: 1,931
Compared to last week: Slaughter goats steady to firm. Prices per CWT
unless specified.
Slaughter Kids: Selection 1: 25-45 lbs 156.00-196.00, 45-60 lbs 165.00-
180.00, 60-80 lbs 150.00-172.00. Selection 2: 60-80 lbs 125.00-150.00.
Montgomery, AL - Alabama Weekly Goat Summary - February 1-6, 2010
Estimated receipts: 432 Last Week: 96 Year Ago: 407
Slaughter Kids: Selection 1: 20-40 lbs 45.00; 40-60 lbs 48.59-69.33; 60-80
lbs 85.59. Selection 2: 20-40 lbs 24.00-37.50; 40-60 lbs 40.00-58.84.
Selection 3: 20-40 lbs 20.00-27.96; 40-60 lbs 35.00-40.00.
Source: USDA-TX Dept of Ag Market News, Amarillo, TX
---
STAT News Service
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