WA_LS700 Washington DC Mon Oct 30, 2006 USDA Market News MORNING LIVESTOCK SUMMARY Estimated Daily Livestock Slaughter under Federal Inspection CATTLE CALVES HOGS SHEEP Friday 10/27/2006 (est) 119,000 3,000 422,000 9,000 Week ago (est) 113,000 3,000 415,000 10,000 Year ago (act) 121,000 3,000 396,000 8,000 Week to date (est) 617,000 14,000 2,087,000 52,000 Same Period Last Week (est) 611,000 14,000 2,098,000 52,000 Same Period Last Year (act) 612,000 14,000 2,008,000 50,000 Saturday 10/28/2006 (est) 35,000 0 95,000 0 Week ago (est) 28,000 0 115,000 0 Year ago (act) 17,000 0 144,000 1,000 Week to date (est) 652,000 14,000 2,182,000 52,000 Same Period Last Week (est) 639,000 14,000 2,213,000 52,000 Same Period Last Year* (act) 630,000 13,000 2,152,000 50,000 2006 Year to Date 27,447,000 559,000 84,663,000 2,098,000 2005 *Year to Date 26,463,000 601,000 83,929,000 2,111,000 Percent change 3.7% -7.0% 0.9% -0.6% 2006 *Totals subject to revision 2005 *Totals adjusted to reflect NASS revisions Yearly totals may not add due to rounding Previous day estimated Steer and Heifer Cow and Bull Thursday 100,000 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 Oct 89.82 -1275 103.57 -1425 ----- ---- Nov ----- ---- 101.35 -1675 ----- ---- Dec 89.27 -1375 ----- ---- 64.60 +125 Jan ----- ---- 100.20 -1300 ----- ---- Feb 91.67 -900 ----- ---- 67.42 +225 Mar ----- ---- 100.25 -1375 ----- ---- Livestock Average Prices TRENDS YEAR AGO DAY WEEK Steers Choice 2-4 1100-1300 lbs (Texas) 88.00 UNCH UNCH 87.04 Cows Utility 1-3 (Sioux Falls) 50.00 UNCH UNCH 50.50 Barrows & Gilts, 51-2% lean plant del. carcass 61.60 -0.39 -0.39 57.90 Feeder Steer Med 1 650-700 lbs (Okla. City) 111.90 -1.45 -1.45 122.65 Sltr Lambs Ch 2-4 Wooled 110-130 lbs (S. Falls) 94.92 0.78 0.78 94.50 Carcass Equivalent Index Value Steer and Heifer Beef Choice 1-3 600-900 lbs 136.02 0.01 0.01 135.46 Select 1-3 600-900 lbs 125.73 -0.01 -0.01 122.19 Beef Cutout Value Choice 600-900 lbs 146.47 -0.18 -0.18 144.80 Select 600-900 lbs 135.98 -0.80 -0.80 131.13 Cutter Cows 105.48 -1.56 -1.56 103.13 Cutout Based on 185 lbs Pork Carcass 51-52% Lean,.80"-.99" Backfat Last Rib 67.36 0.30 0.30 64.81 US No. 2 Yellow Corn (Omaha) 3.07 0.06 0.02 1.48 Source: USDA Market News, Washington, D.C. Livestock and Grain Market News (202) 720-8054 www.ams.usda.gov/mnreports/WA_LS700 0705e rht .