AM_LS169 Amarillo, TX Mon Feb 01, 2010 USDA-TX Dept of Ag Market News Superior Video Auction Recap– Fri Jan 29, 2010 0fferings: 30,000 Compared to the last sale: Feeder steers and heifers were unevenly steady with some firmness noted on weights over 800 lbs (especially those for immediate or short term deliveries which is often normal this time of the year as feedlots strive to purchase cattle to finish before June). There was also some weakness noted on lighter weight offerings in the Southern Plains. The recent ongoing parade of winter storms has no doubt had more influence on prices for lighter weight cattle than heavier feeders. Much of the Southern plains and East have been hit particularly hard during the past week however most of the nation has seen their share of storms in recent weeks. Several feedlots in the Panhandle of Texas have suspended the taking of new arrivals until they have the opportunity to clean up and take care of the cattle that they have now. Finished cattle prices have been struggling lately as the box beef prices declined in the past week. The beef trade has been unable to mount any sustained volume of out front sales or contracts to support prices, which is no doubt a result of the economy. Many livestock auction sales have been cancelled in the past week as the movement of cattle has almost been impossible due to the parade of storms. Supply moderate, with trade and demand moderate. The South Central Region had the most receipts again with a good test for trend comparisons. The SOUTH CENTRAL REGION sold approx. 66 percent of the receipts. Current Sale Previous Sale Steers Medium and Large 1 500-600 lbs 526 hd 530 lbs 117.34 621 hd 538 lbs 118.05 Current 700-800 lbs 401 hd 740 lbs 96.65 950 hd 736 lbs 97.07 Current Steers Medium and Large 1-2 400-500 lbs 345 hd 423 lbs 124.11 812 hd 424 lbs 128.07 Winter 700-800 lbs 590 hd 752 lbs 95.59 2591 hd 760 lbs 95.87 Winter 800-900 lbs 292 hd 819 lbs 92.54 120 hd 812 lbs 91.77 Current 800-900 lbs 606 hd 802 lbs 94.71 2008 hd 822 lbs 93.70 Winter Supply includes 68 percent feeder steers and heifers over 600 lbs, 58 percent of supply steers and 42 percent heifers, with bred stock consisting of approx. 2 percent of the total receipts. 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 Winter deliveries January thru March. Deliveries current through June 2010. SOUTHCENTRAL STATES: (Texas, Oklahoma, New Mexico, Kansas and Missouri) Compared to the last sale: Feeder steers and heifers unevenly steady with some weakness noted under 600 lbs and firmness noted over 800 lbs. The recent ongoing parade of winter storms has no doubt had more influence on prices for lighter weight stocker type cattle than heavier feeders. Most of the Southern Plains had been hit particularly hard during the past week with a large part of the Texas and Oklahoma border without power along with many road closures. The SOUTH CENTRAL REGION sold approx. 66 percent of the receipts. Current Sale Previous Sale Steers Medium and Large 1 500-600 lbs 526 hd 530 lbs 117.34 621 hd 538 lbs 118.05 Current 700-800 lbs 401 hd 740 lbs 96.65 950 hd 736 lbs 97.07 Current Steers Medium and Large 1-2 400-500 lbs 345 hd 423 lbs 124.11 812 hd 424 lbs 128.07 Winter 700-800 lbs 590 hd 752 lbs 95.59 2591 hd 760 lbs 95.87 Winter 800-900 lbs 292 hd 819 lbs 92.54 120 hd 812 lbs 91.77 Current 800-900 lbs 606 hd 802 lbs 94.71 2008 hd 822 lbs 93.70 Winter Steers: Medium and Large 1: Current Delivery: 500-600 lbs 526 hd (526 lbs) 117.34; 600-700 lbs 63 hd (660 lbs) calves 99.75; 700-800 lbs 401 hd (740 lbs) 96.65; 800-900 lbs 152 hd (810 lbs) 95.40. Winter Contracts: 400-500 lbs 503 hd (487 lbs) 124.44; 600-700 lbs 70 hd (625 lbs) 102.75; 700-800 lbs 461 hd (746 lbs) 97.24; 800-900 lbs 2306 hd (829 lbs) 95.74. Medium and Large 1-2: Current Delivery: 400-500 lbs 215 hd (454 lbs) 125.12; 500-600 lbs 236 hd (534 lbs) 112.91; 600-700 lbs 77 hd calves (650 lbs) 98.00; 700-800 lbs 131 hd (762 lbs) 95.63; 800-900 lbs 292 hd (819 lbs) 92.54. Winter Contracts: 400-500 lbs 354 hd (423 lbs) 124.11; 600-700 lbs 78 hd (600 lbs) 104.00; 700-800 lbs 590 hd (752 lbs) 95.59; 800-900 lbs 606 hd (802 lbs) 94.71. Heifers: Medium and Large 1: Current Delivery: 400-500 lbs 105 hd (475 lbs) 104.00; 500-600 lbs 368 hd (528 lbs) 97.32; 600-700 lbs 145 hd (655 lbs) 94.00; 700-800 lbs 395 hd (753 lbs) 92.35; 800-900 lbs 260 hd (812 lbs) 87.28. Winter Contracts: 600-700 lbs 227 hd (616 lbs) 95.34; 700-800 lbs 1475 hd (750 lbs) 93.84; 800-900 lbs 58 hd (825 lbs) 90.25. Medium and Large 1-2: Current Delivery: 400-500 lbs 220 hd (444 lbs) 100.70; 500-600 lbs 95 hd (525 lbs) 95.50; 600-700 lbs 145 hd (670 lbs) 90.01; 700-800 lbs 208 hd (723 lbs) 92.09; 800-900 lbs 46 hd (800 lbs) 88.35. Winter Contracts: 400-500 lbs 215 hd (462 lbs) 101.99; 500-600 lbs 190 hd (500 lbs) 101.38; 600-700 lbs 618 hd (634 lbs) 93.07; 700-800 lbs 274 hd (731 lbs) 91.13; 800-900 lbs 58 hd (825 lbs) 90.00. NORTHCENTRAL STATES: (Colorado, Wyoming, Nebraska, Montana, North and South Dakota, and Iowa) Compared to the last sale: The North Central Region was also unevenly steady with some weights showing increases and other showing modest decreases, however receipts were considerably below the last sale making accurate trend comparisons difficult. NORTH CENTRAL REGION sold approx. 16 percent of the receipts. Steers: Medium and Large 1: Current Delivery: 500-600 lbs 193 hd (540 lbs) 122.19; 600-700 lbs 259 hd (600 lbs) 117.00; 700-800 lbs 66 hd (735 lbs) 97.00; 800-900 lbs 255 hd (828 lbs) 94.02. Winter Contract: 400-500 lbs 100 hd (490 lbs) 122.50; 600-700 lbs 138 hd (600 lbs) 111.00; 700-800 lbs 387 hd (739 lbs) 95.55; 800-900 lbs 292 hd (840 lbs) 95.74. Heifers: Medium and Large 1: Current Delivery: 400-500 lbs 102 hd (490 lbs) 117.00; 500-600 lbs 490 hd (550 lbs) 107.53; 600-700 lbs 80 hd (650 lbs) 93.00; 800-900 lbs 60 hd (830 lbs) 91.00. Winter Contract: 500-600 lbs 606 hd (560 lbs) 107.94; 600-700 lbs 60 hd (650 lbs) 96.50; 700-800 lbs 198 hd (735 lbs) 93.42; 800-900 lbs 190 hd (800 lbs) 93.08. EASTERN STATES: (All states east of the Mississippi including Louisiana and Arkansas) Compared to the last sale: Feeder steers and heifers had a limited test with Firmness noted on steers over 800 lbs and heifers over 700 lbs. The Eastern states sold approx. 7 percent of the cattle in the sale. Steers: Medium and Large 1-2: Current Delivery: 800-900 lbs 118 hd (850 lbs) 91.25. Winter Contracts: 700-800 lbs 62 hd (775 lbs) 85.00; 800-900 lbs 421 hd (811 lbs) 93.79. Heifers: Medium and Large 1-2: Current Delivery: 700-800 lbs 133 hd (737 lbs) 90.13; 800-900 lbs 62 hd (800 lbs) 85.00. Winter Contracts: 500-600 lbs 86 hd (550 lbs) 85.00; 700-800 lbs 65 hd (750 lbs) 89.35. WESTERN STATES: (Arizona, Nevada, Utah, California, Idaho, Washington, and Oregon) Compared to the last sale: Feeder steers and heifers over 700 lbs steady to firm, with some weakness noted under 600 lbs on a light test. WESTERN REGION sold approx. 11 percent of the receipts with a light test of current as well as contracts. Steers: Medium and Large 1: Current Delivery: 500-600 lbs 172 hd (554 lbs) 111.46; 600-700 lbs 149 hd (637 lbs) calves 103.37; 700-800 lbs 134 hd (724 lbs) 97.11. Winter Contracts: 700-800 lbs 126 hd (760 lbs) 94.30; 800-900 lbs 423 hd (810 lbs) 93.98. Heifers: Medium and Large 1: Current Delivery: 500-600 lbs 86 hd (560 lbs) 96.50; 600-700 lbs 74 hd (645 lbs) calves 95.00; 700-800 lbs 313 hd (759 lbs) 88.46. Winter Contract: 700-800 lbs 266 hd (752 lbs) 90.31; 800-900 lbs 62 hd (800 lbs) 88.25. ************************************************************************ REPLACEMENT CATTLE 500 head: All replacement cattle deliveries current through February 2010. Bred Heifers: Medium and Large 1: North Central: 1050 lb heifers 7-8 months bred 950.00 per head. Medium and Large 1-2: South Central: 1000 lb heifers 7-8 months bred 1075.00 per head. Bred Cows: Medium and Large 1-2: South Central: middle age to aged 1025 lb cows 6-8 months bred 725.00 per head. Cow/Calf Pairs: Medium and Large 1-2: South Central: young 1000 lb first calf heifers w/250 lb calves 1490.00 per pair. 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 1600c efc