AM_LS169 Amarillo, TX Wed May 08, 2013 USDA-TX Dept of Ag Market News Superior Video Auction Recap Fri May 03, 2013 Offerings: 42,000 Compared to the last sale feeder steers and heifers were generally 1.00- 6.00 higher but in a light test in some areas. The Eastern Region had a very good test as usual this time of the year but had few comparable sales from the previous auction to make accurate comparisons. Lighter type cattle that sold later in the sale as the CME dropped that day did not carry the full advance in prices. Feedlot buyers in particular have seen enough red ink that they remain in a cautious mode. There were larger numbers of heavy weight feeders coming off of graze out Wheat pastures in several areas of the So Plains due to dry conditions. PREVIOUS SALE COMPARISON/OVERVIEW The SOUTH CENTRAL REGION approx. 40 percent of the receipts. Current Sale Previous Sale Steers Medium and Large 1 500-600 lbs 262 hd 568 lbs 164.35 688 hd 577 lbs 160.05 Current 800-900 lbs 1555 hd 827 lbs 134.54 330 hd 854 lbs 127.20 Current 800-900 lbs 297 hd 832 lbs 134.20 906 hd 854 lbs 130.28 Jun-Jul Steers Medium and Large 1-2 800-900 lbs 1814 hd 840 lbs 129.90 514 hd 824 lbs 127.29 Current Heifers Medium and Large 1 800-900 lbs 318 hd 840 lbs 124.11 811 hd 817 lbs 119.00 Current Heifers Medium and Large 1-2 700-800 lbs 1114 hd 748 lbs 123.52 466 hd 741 lbs 121.82 Current The EASTERN STATES had approx. 43 Percent of the total cattle in the sale. Current Sale Previous Sale Steers Medium and Large 1-2 500-600 lbs 3180 hd 530 lbs 152.48 549 hd 528 lbs 148.34 Summer The NORTH CENTRAL REGION approx. 7 percent of the receipts. Current Sale Previous Sale Steers Medium and Large 1 600-700 lbs 570 hd 671 lbs 160.64 910 hd 646 lbs 155.52 Current Supply includes 56 percent feeder steers and heifers over 600 lbs, 65 percent of the feeder supply was steers and 35 percent heifers. 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 this time of the year. 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. Deliveries are current thru September 2013. REGIONAL COMPARISONS: SOUTHCENTRAL STATES: (Texas, Oklahoma, New Mexico, Kansas and Missouri) Compared to the last sale feeder steers and heifers 2.00-6.00 higher. There were larger numbers of heavy weight feeders coming off of graze out wheat pastures due to the ongoing dry conditions. The SOUTH CENTRAL REGION approx. 40 percent of the receipts. Current Sale Previous Sale Steers Medium and Large 1 500-600 lbs 262 hd 568 lbs 164.35 688 hd 577 lbs 160.05 Current 800-900 lbs 1555 hd 827 lbs 134.54 330 hd 854 lbs 127.20 Current 800-900 lbs 297 hd 832 lbs 134.20 906 hd 854 lbs 130.28 Jun-Jul Steers Medium and Large 1-2 800-900 lbs 1814 hd 840 lbs 129.90 514 hd 824 lbs 127.29 Current Heifers Medium and Large 1 800-900 lbs 318 hd 840 lbs 124.11 811 hd 817 lbs 119.00 Current Heifers Medium and Large 1-2 700-800 lbs 1114 hd 748 lbs 123.52 466 hd 741 lbs 121.82 Current Steers Medium and Large 1 Current Delivery 400-500 lbs 206 hd (453 lbs) 180.72; 500-600 lbs 262 hd (568 lbs) 164.35; 700-800 lbs 204 hd (725 lbs) 140.00; 800-900 lbs 1555 hd (827 lbs) 134.54. Summer Contracts 500-600 lbs 196 hd (500 lbs) 168.50; 800-900 lbs 297 hd (832 lbs) 134.20. Medium and Large 1-2 Current Delivery 400-500 lbs 215 hd (459 lbs) 172.72; 500-600 lbs 85 hd (585 lbs) 155.00; 600-700 lbs 298 hd (655 lbs) 141.26; 700- 800 lbs 534 hd (733 lbs) 137.06; 800-900 lbs 1814 hd (840 lbs) 129.90. Summer Contracts 500-600 lbs 95 hd (525 lbs) 153.00; 600-700 lbs 67 hd (660 lbs) 145.00; 700-800 lbs 65 hd (760 lbs) 137.00; 800-900 lbs 60 hd (850 lbs) 130.50. Heifers: Medium and Large 1 Current Delivery 600-700 lbs 83 hd (600 lbs) 136.00; 700-800 lbs 400 hd (704 lbs) 131.52; 800-900 lbs 318 hd (840 lbs) 124.11. Medium and Large 1-2 Current Delivery 500-600 lbs 94 hd (530 lbs) 144.00; 600-700 lbs 528 hd (651 lbs) 130.78; 700-800 lbs 1114 hd (748 lbs) 123.52; 800- 900 lbs 227 hd (862 lbs) 114.58. Summer Contracts 600-700 lbs 82 hd (600 lbs) 129.00; 700-800 lbs 204 hd (725 lbs) 132.17. NORTHCENTRAL STATES: (Colorado, Wyoming, Nebraska, Montana, North and South Dakota, and Iowa) Compared to the last sale: Feeder steers and heifers, there were not enough comparable sales for a complete trend analysis, but 1.00-6.00 higher where they were tested. The NORTH CENTRAL REGION approx. 7 percent of the receipts. Current Sale Previous Sale Steers Medium and Large 1 600-700 lbs 570 hd 671 lbs 160.64 910 hd 646 lbs 155.52 Current Steers: Medium and Large 1 Current Delivery 500-600 lbs 280 hd (528 lbs) 171.81; 600-700 lbs 570 hd (671 lbs) 160.64; 700-800 lbs 50 hd (750 lbs) 138.00; 800-900 lbs 180 hd (833 lbs) 136.65. Heifers: Medium and Large 1 Current Delivery 500-600 lbs 200 hd (590 lbs) 149.00; 700-800 lbs 206 hd (735 lbs) 128.14; 800-900 lbs 242 hd (842 lbs) 121.13. EASTERN STATES: (All states east of the Mississippi including Louisiana and Arkansas) Compared to the last sale: Feeder steers and heifers 1.00-5.00 higher where tested and not enough comparable sales from the last sale for a complete trend analysis even though there was a very good test this sale. The EASTERN STATES had approx. 43 Percent of the total cattle in the sale. Current Sale Previous Sale Steers Medium and Large 1-2 500-600 lbs 3180 hd 530 lbs 152.48 549 hd 528 lbs 148.34 Summer Steers: Medium and Large 1-2 Current Delivery 400-500 lbs 96 hd (480 lbs) 155.00; 500-600 lbs 180 hd (550 lbs) 153.00; 600-700 lbs 142 hd (682 lbs) 132.49; 700-800 lbs 324 hd (762 lbs) 131.00; 800-900 lbs 587 hd (845 lbs) 124.23. Summer Contracts 400-500 lbs 709 hd (477 lbs) 159.01; 500-600 lbs 3180 hd (530 lbs) 152.48; 600-700 lbs 1187 hd (608 lbs) 143.88; 700-800 lbs 196 hd (754 lbs) 132.83; 800-900 lbs 221 hd (820 lbs) 132.00. Heifers: Medium and Large 1-2 Current Delivery 400-500 lbs 100 hd (470 lbs) 137.00; 500-600 lbs 271 hd (545 lbs) 137.71; 600-700 lbs 75 hd (650 lbs) 124.00; 700-800 lbs 191 hd (763 lbs) 121.51. Summer Contracts 400-500 lbs 2431 hd (470 lbs) 142.82; 500-600 lbs 1561 hd (524 lbs) 140.05; 700-800 lbs 196 hd (746 lbs) 125.83. WESTERN STATES: (Arizona, Nevada, Utah, California, Idaho, Washington, and Oregon) Feeder steers and heifers, not enough comparable sales for an accurate trend comparison. The WESTERN REGION approx. 10 percent of the receipts. Steers: Medium and Large 1 Current Delivery 600-700 lbs 240 hd (615 lbs) 158.00. Heifers: Medium and Large 1 Current Delivery 600-700 lbs 73 hd (675 lbs) 130.00. Spring contracts 600-700 lbs 82 hd (600 lbs) 139.00. ***************************************************************************** REPLACEMENT CATTLE 1700 offered: Deliveries current through end of May, 2013. Replacement Heifers: Medium and Large 1 Northcentral- load 840 lb top quality black open heifers 1010.00 per head from Wyoming. Bred Heifers: Medium and Large 1-2 Southcentral- load 800 lb top quality black Brangus short-bred heifers 1375.00 per head from east Texas. Bred Cows: Medium and Large 1 Northcentral- two loads 4 years to short and solid mouthed 1050 lb good to top quality fall calving black cows 1075.00 per head from Montana. Cow/Calf Pairs: Medium and Large 1 Northcentral- load 1100 lb top quality black first calf heifers w/150-200 lb calves 1800.00 per pair in Colorado, consignment 5 years to short and solid mouthed good to top quality black 1100 lb cows w/150-200 lb calves 1375.00-1575.00 per pair from Nebraska; Southcentral- two loads 3 years to short and solid mouthed 1050-1250 lb good to top quality cows w/150-200 lb calves 1600.00-1710.00 per pair for Oklahoma and Kansas. Medium and Large 1-2 Southcentral- load 3 years to short and solid mouthed 1300 lb average quality cows w/100 lb calves 1485.00 per pair in southwest Kansas. Source: USDA-TX Dept of Ag Market News Service, Amarillo, TX 806/372-6361 - amarillo.lgmn@ams.usda.gov USDA-TX 24 hour price information 806-372-3494 or 800-252-3407 www.ams.usda.gov/mnreports/AM_LS169.txt www.ams.usda.gov/ls`marketnews 1000c efc