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U.S. Daily Average Feeder Cattle Prices
WASHINGTON - Feb 11/08 - 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
Friday 02/08/2008 (est) 111,000 3,000 426,000 9,000
Week ago (est) 110,000 3,000 414,000 9,000
Year ago (act) 118,000 4,000 393,000 9,000
Week to date (est) 602,000 15,000 2,109,000 47,000
Same Period Last Week (est) 604,000 15,000 2,118,000 46,000
Same Period Last Year (act) 598,000 17,000 1,950,000 49,000
Saturday 02/09/2008 (est) 18,000 0 101,000 0
Week ago (est) 9,000 0 152,000 2,000
Year ago (act) 22,000 0 9,000 0
Week to date (est) 620,000 15,000 2,210,000 47,000
Same Period Last Week (est) 613,000 15,000 2,270,000 48,000
Same Period Last Year* (act) 621,000 16,000 1,958,000 49,000
2008 Year to Date 3,586,000 84,000 13,273,000 270,000
2007 *Year to Date 3,639,000 96,000 12,088,000 272,000
Percent change -1.4% -12.3% 9.8% -0.6%
2008 *Totals subject to revision
2007 *Totals adjusted to reflect NASS revisions
Yearly totals may not add due to rounding
Previous day estimated Steer and Heifer Cow and Bull
Thursday 101,000 24,000
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
Feb 92.20 -475 ----- ---- 58.07 -475
Mar ----- ---- 105.02 -825 ----- ----
Apr 95.10 -950 109.45 -775 64.87 +175
May ----- ---- 112.20 -550 74.20 +175
Jun 94.20 -800 ------ ---- 78.55 +650
Jul ----- ---- ------ ---- 79.80 +900
Livestock Average Prices TRENDS YEAR AGO
DAY WEEK
Steers Choice 2-4 1100-1300 lbs (Texas) 90.96 UNCH UNCH 86.96
Cows Breakers 1-3 (Sioux Falls) 57.82 0.20 0.20 51.75
Barrows & Gilts, 51-52% lean plant del. carcass 55.52 -1.09 -1.09 65.50
Feeder Steer Med 1 650-700 lbs (Okla. City) 106.80 UNCH UNCH 100.61
Sltr Lambs Ch 2-4 Wooled 110-130 lbs (S. Falls) 86.79 UNCH UNCH 89.77
Carcass Equivalent Index Value
Steer and Heifer Beef
Choice 1-3 600-900 lbs 137.73 0.04 0.04 138.55
Select 1-3 600-900 lbs 131.51 0.81 0.81 127.65
Beef Cutout Value
Choice 600-900 lbs 150.21 -0.15 -0.15 145.17
Select 600-900 lbs 145.81 1.37 1.37 139.35
Cutter Cows 117.50 -0.92 -0.92 113.76
Cutout Based on 200 lb Pork Carcass
53-54% Lean,.65"-.80" Backfat Last Rib 61.16 0.36 0.36 70.53
US No. 2 Yellow Corn (Omaha) 4.80 0.14 0.02 3.84
Source: USDA Market News, Washington, D.C.
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STAT News Service
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