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U.S. Daily Average Feeder Cattle Prices
WASHINGTON - May 11/04 - SNS -- The USDA released its latest daily summary of livestock slaughter activity and prices at major markets in the United States.
MORNING LIVESTOCK SUMMARY
Estimated Daily Livestock Slaughter under Federal Inspection
CATTLE CALVES HOGS SHEEP
Monday 05/10/2004 (est) 130,000 3,000 358,000 6,000
Week ago (est) 124,000 3,000 363,000 10,000
Year ago (act) 133,000 4,000 366,000 7,000
Previous Day Estimated Steer & Heifer Cow & Bull
Friday 105,000 22,000
Saturday 47,000 1,000
Chicago Mercantile Exchange Future Prices
Choice Sltr Steers Feeder Steers Live Hog/Lean Value
Set'l Ch Fr Set'l Ch Fr Set'l Ch Fr
Price Pr Day Price Pr Day Price Pr Day
May 88.00 +850 103.52 +1100 79.37 +1300
Jun 84.62 +250 ----- ---- 74.50 +225
Jul 87.30 -200 ----- ---- 75.87 +200
Aug 86.70 +675 100.10 +1075 73.00 +300
Sep ----- ---- 98.80 +800 ----- ----
Oct 84.72 +125 98.30 +800 61.60 + 25
Livestock Average Prices TRENDS YEAR AGO
DAY WEEK
Steers Choice 2-4 1100-1300 lbs (Texas) 90.90 UNCH UNCH 78.79
Cows Utility 1-3 (So. St. Paul) 54.50 -2.25 -2.25 47.00
Barrows & Gilts, 51-2% lean plant del. carcass 78.14 1.10 1.10 58.57
Feeder Steer Med 1 650-700 lbs (Okla. City) 110.75 0.89 0.89 87.99
Sltr Lambs Ch 2-4 Wooled 110-130 lbs (S. Falls) 101.00 5.50 5.50 97.85
Carcass Equivalent Index Value
Steer and Heifer Beef
Choice 1-3 600-750 lbs 147.68 0.97 0.97 126.69
Choice 1-3 750-900 lbs 148.08 0.35 0.35 126.65
Select 1-3 600-750 lbs 127.76 UNCH UNCH 110.13
Select 1-3 750-900 lbs 127.21 0.05 0.05 109.99
Beef Cutout Value
Choice 600-750 lbs 160.69 1.40 1.40 137.43
Choice 750-900 lbs 161.29 0.42 0.42 137.38
Select 600-750 lbs 140.35 0.12 0.12 119.92
Select 750-900 lbs 139.48 0.14 0.14 119.70
Cutter Cows 111.30 1.84 1.84 84.28
Cutout Based on 185 lbs Pork Carcass
51-52% Lean,.80"-.99" Backfat Last Rib 80.77 1.20 1.20 59.69
US No. 2 Yellow Corn (Omaha) 2.79 -0.11 -0.11 2.41
Source: USDA Market News, Washington, D.C. (202) 720-8054
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STAT News Service
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