AM_LS169 Amarillo, TX Mon Oct 19, 2009 USDA-TX Dept of Ag Market News Superior Video Auction Recap– Fri Oct 16, 2009 0fferings: 34,400 Compared to the last sale: Feeder steers and heifers traded steady to 3.00 lower, except for light weight weaned calves in the Southern Plains which were 1.00-5.00 higher as demand for wheat pasture calves increases. Heavy fleshy unweaned calves continue to find less buyer support causing price spreads to widen between weaned and bawling calves. Recent rains and the improved wheat pasture outlook in the Southern Plains continue to support the types of calves that have a good health program and/or are weaned. Supply moderate, trade light to moderate and demand also light to moderate for bawling calves along with yearlings but moderate to good for weaned calves suitable for immediate turnout. The delayed harvest in the Northern Cornbelt continues to put pressure on calves in the Northern Plains and the lack of profitability in the feedlot industry weighs heavily on yearling prices. The SOUTH CENTRAL REGION sold approx. 65 percent of the receipts. Current Sale Previous Sale Steers Medium and Large 1 500-600 lbs 1016 hd 531 lbs 112.08 272 hd 550 lbs 105.50 Fall 700-800 lbs 656 hd 717 lbs 94.42 456 hd 764 lbs 94.77 Fall Steers Medium and Large 1-2 700-800 lbs 598 hd 733 lbs 92.65 191 hd 741 lbs 95.32 Current 800-900 lbs 172 hd 868 lbs 88.72 329 hd 809 lbs 93.10 Current 400-500 lbs 1328 hd 440 lbs 123.79 1046 hd 474 lbs 114.19 Fall 600-700 lbs 223 hd 635 lbs 94.10 365 hd 649 lbs 95.56 Fall NORTH CENTRAL REGION sold approx. 16 percent of the receipts with a lighter test of Fall contracts. Current Sale Previous sale Steers Medium and Large 1 Contracts 500-600 lbs 183 hd 558 lbs 102.36 1,377 hd 522 lbs 106.82 Fall 600-700 lbs 310 hd 685 lbs 96.36 1,240 hd 606 lbs 102.27 Fall Supply includes 49 percent feeder steers and heifers over 600 lbs, 60 percent of supply steers and 40 percent heifers, with bred stock consisting of less than 1 percent. Price Quotes and trend analysis are for Medium and Large 1 and/or 1- 2 offerings sold in full loads which represent the bulk of the receipts for each individual region. Please refer to the complete report AM_LS753 for other grades, delivery periods, part loads, comments, and special conditions etc. All prices and weights are weighted averages of sales that occurred in that weight group, the weights in parenthesis are the actual weighted average. Prices for the 600-700 lbs weights are for calves in most cases. Prices FOB based on net weights after a 2-3 percent pencil shrink or equivalent, with a 3-6 cent slide on yearlings and 4-10 on calves. Current sales are up to 14 days and Fall deliveries October thru December. Deliveries current through March 2010. SOUTHCENTRAL STATES: (Texas, Oklahoma, New Mexico, Kansas and Missouri) Compared to the last sale: Feeder steers and heifers over 600 lbs (and fleshy unweaned calves of all weights) traded steady to 3.00 lower and under 600 lbs steady to 5.00 higher with the greatest increases on light weight weaned calves. Fleshy bawling calves, especially those over 550 lbs, continue to find less buyer support than weaned calves again this sale and traded steady at best with some definite weakness evident. The SOUTH CENTRAL REGION sold approx. 65 percent of the receipts. Current Sale Previous Sale Steers Medium and Large 1 500-600 lbs 1016 hd 531 lbs 112.08 272 hd 550 lbs 105.50 Fall 700-800 lbs 656 hd 717 lbs 94.42 456 hd 764 lbs 94.77 Fall Steers Medium and Large 1-2 700-800 lbs 598 hd 733 lbs 92.65 191 hd 741 lbs 95.32 Current 800-900 lbs 172 hd 868 lbs 88.72 329 hd 809 lbs 93.10 Current 400-500 lbs 1328 hd 440 lbs 123.79 1046 hd 474 lbs 114.19 Fall 600-700 lbs 223 hd 635 lbs 94.10 365 hd 649 lbs 95.56 Fall Steers: Medium and Large 1: Current Delivery: 500-600 lbs 722 hd (539 lbs) 115.55; 600-700 lbs 363 hd yearlings (630 lbs) 100.72; 800-900 lbs 328 hd (847 lbs) 91.41. Fall Contracts: 400-500 lbs 398 hd (461 lbs) 125.80; 500-600 lbs 1016 hd (531 lbs) 112.08; 600-700 lbs 609 hd yearlings (610 lbs) 98.55; 700-800 lbs 656 hd (717 lbs) 94.42. Medium and Large 1-2: Current Delivery: 400-500 lbs 348 hd (436 lbs) 123.68; 500-600 lbs 191 hd (525 lbs) 108.48; 600-700 lbs 215 hd calves (666 lbs) 93.16; 700-800 lbs 598 hd (733 lbs) 92.65; 800-900 lbs 172 hd (868 lbs) 88.72. Fall Contracts: 400-500 lbs 1328 hd (440 lbs) 123.79; 500-600 lbs 190 hd (510 lbs) 119.13; 600-700 lbs 223 hd calves (635 lbs) 94.10; 700-800 lbs 411 hd (730 lbs) 93.15; 800-900 lbs 299 hd (805 lbs) 91.12. Heifers: Medium and Large 1: Current Delivery: 400-500 lbs 100 hd (490 lbs) 110.00; 500-600 lbs 88 hd (575 lbs) 90.75; 600-700 lbs 441 hd (613 lbs) 94.44. Fall Contracts: 400-500 lbs 190 hd (454 lbs) 111.37; 500-600 lbs 348 hd (550 lbs) 103.62; 600-700 lbs 462 hd (633 lbs) 87.91. Medium and Large 1-2: Current Delivery: 400-500 lbs 320 hd (458 lbs) 105.78; 500-600 lbs 1031 hd (532 lbs) 93.32; 600-700 lbs 231 hd calves (623 lbs) 86.74; 700-800 lbs 600 hd (736 lbs) 87.86; 800-900 lbs 130 hd (800 lbs) 88.25. Fall Contracts: 500-600 lbs 171 hd (570 lbs) 89.62; 600-700 lbs 445 hd (664 lbs) 88.92; 700-800 lbs 625 hd (727 lbs) 88.22. NORTHCENTRAL STATES: (Colorado, Wyoming, Nebraska, Montana, North and South Dakota, and Iowa) Compared to the last sale: Feeder steers and heifers 1.00 to 3.00 lower on an extremely light test of fall contracts. NORTH CENTRAL REGION sold approx. 16 percent of the receipts with a lighter test of Fall contracts. Current Sale Previous sale Steers Medium and Large 1 Contracts 500-600 lbs 183 hd 558 lbs 102.36 1,377 hd 522 lbs 106.82 Fall 600-700 lbs 310 hd 685 lbs 96.36 1,240 hd 606 lbs 102.27 Fall Steers: Medium and Large 1: Current Delivery: 500-600 lbs 172 hd (550 lbs) 102.00; 800-900 lbs 633 hd (874 lbs) 92.49. Fall Contracts: 500-600 lbs 183 hd (558 lbs) 102.36; 600-700 lbs 310 hd (685 lbs) 96.36; 700-800 lbs 135 hd (757 lbs) 91.05; 800-900 lbs 460 hd (813 lbs) 94.68. Heifers: Medium and Large 1: Current Delivery: 500-600 lbs 98 hd (530 lbs) 95.50; 600-700 lbs 85 hd yearling (600 lbs) 93.25; 800-900 lbs 165 hd (829 lbs) 85.68. Fall Contracts: 500-600 lbs 172 hd (555 lbs) 95.81; 600-700 lbs 180 hd (600 lbs) 87.50; 700-800 lbs 343 hd (735 lbs) 86.50; 800-900 lbs 126 hd (800 lbs) 83.50. EASTERN STATES: (All states east of the Mississippi including Louisiana and Arkansas) Compared to the last sale: Feeder steers and heifers 1.00-2.00 lower. The Eastern states sold approx. 16 percent of the cattle in the sale. Current Sale Previous Sale Steers Medium and Large 1-2 Current delivery. 500-600 lbs 182 hd 537 lbs 91.27 450 hd 538 lbs 92.66 Steers: Medium and Large 1-2: Current Delivery: 400-500 lbs 311 hd (463 lbs) 98.08; 500-600 lbs 182 hd (537 lbs) 91.27; 800-900 lbs 59 hd (840 lbs) 85.00. Fall Contracts: 500-600 lbs 180 hd (541 lbs) 90.78; 800-900 lbs 60 hd (825 lbs) 88.50. Heifers: Medium and Large 1-2: Current Delivery: 400-500 lbs 217 hd (441 lbs) 85.75; 500-600 lbs 90 hd (525 lbs) 85.50; 600-700 lbs 75 hd yearling (685 lbs) 87.25. Fall Contracts: 500-600 lbs 578 hd (507 lbs) 79.32; 700-800 lbs 201 hd (733 lbs) 84.48. WESTERN STATES: (Arizona, Nevada, Utah, California, Idaho, Washington, and Oregon) Compared to the last sale: Feeder steers and heifers not enough cattle for an adequate test but a lower undertone noted. WESTERN REGION sold approx. 03 percent of the receipts with a light test of Fall contracts. Current Sale Previous Sale Steers Medium and Large 1 Fall Contracts 500-600 lbs 164 hd 590 lbs 95.50 178 hd 540 lbs 101.50 Steers: Medium and Large 1: Current Delivery: 700-800 lbs 68 hd (720 lbs) 93.10. Fall Contracts: 500-600 lbs 164 hd (590 lbs) 95.50; 600-700 lbs 83 hd (600 lbs) 92.50. Heifers: Medium and Large 1: Fall Contracts: 500-600 lbs 90 hd (550 lbs) 87.85; 700-800 lbs 67 hd (730 lbs) 86.50. ************************************************************************ REPLACEMENT CATTLE All replacement cattle deliveries current through December 2009. 1,530 head. Bred Cows: Medium and Large 1: North Central: young 1000 lb heifers 4-7 months bred 855.00-920 per head. Medium and Large 1-2: South Central: young to middle aged 1050-1100 lb cows 5-8 months bred 920.00-975.00 per head; middle age to aged 1075-1300 lb cows 4-7 months bred 790.00-825.00 per head. Source: USDA-TX Dept of Ag Market News, Amarillo, TX 806/372-6361 - email: amarillo.lgmn@usda.gov www.ams.usda.gov/mncs/mn_reports/am_ls169.txt 1400c efc