AM_LS830 Amarillo, TX Thu Feb 9, 2012 USDA Market News Daily Livestock Summary CATTLE Direct Trade: In the direct slaughter cattle trade in the Five Major Marketing Areas, Texas/Oklahoma; Kansas; Nebraska; Colorado; Iowa/Minnesota on Thursday So far Thursday trading has been inactive on very light demand in all major feeding regions Steers: Live basis; (all Grades: N/A), weighted average price N/A. Dressed basis; (all Grades: N/A, weighted average price N/A. Heifers: live basis; (all Grades: N/A head), weighted average price N/A. Dressed Basis; (all Grades: N/A) N/A, weighted average price N/A. Auction markets: Sioux Falls Regional Livestock - Worthing, SD Slaughter Cattle Auction Wed Feb 8 Compared to last week: Slaughter steers and heifers steady in a narrow comparison. Steers: Choice 2-3 1244-1360 lbs 121.50-122.85. Choice 3-4 1540-1542 122.10-122.25. Select and Choice 2-3 1301-1340 lbs 122.00-122.50. Choice 2-3 Holsteins 1384-1504 lbs 113.60-115.10. Select and Choice 2-3 Holsteins 1343 lbs 110.00. Heifers: Choice 2-3 1254 lbs 123.00. Choice 3-4 1329-1342 lbs 122.10-122.35. Select and Choice 2-3 1289-1338 lbs 118.50-119.50. USDA ESTIMATED BOXED BEEF CUT-OUT VALUES CHOICE SELECT 600-900 600-900 -------------------------------------------------------------------------------- Current Cutout Values: 186.32 182.32 Change from prior day: (0.24) 0.84 -------------------------------------------------------------------------------- Choice/Select spread: 4.00 Total Load Count (Cuts, Trimmings, Grinds): 251 ------------------------------------------------------------------------------- CATTLE Slaughter under Federal Inspection Thursday (est) 125,000 Week ago (est) 119,000 Year ago (act) 126,000 Week to date (est) 496,000 Same Period Last Week (est) 482,000 Same Period Last Year (act) 499,000 CME Futures Closes for Live Cattle: Month Close Change Month Close Change Feb 125.17 - .60 Aug 129.67 - .20 Apr 128.20 - .60 Oct 133.05 - .12 Jun 127.15 - .20 Dec 133.50 - .45 Sioux Falls Regional Livestock - Worthing, SD Wed Feb 8 2012 Slaughter Cattle Auction Compared to last week: Slaughter cows 2.00 to 4.00 higher. Slaughter Cows Pct Lean Weight Avg Dress High Dress Low Dress Breakers 75-80 1355-1650 77.00-83.00 -- 75.00 Boners 80-85 1080-1605 75.00-83.00 84.00-86.00 68.00 Lean 85-90 838-1413 67.00-75.00 76.00-80.00 57.00-66.00 USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE Cutter 90% 350#/up -------------------------------------------------------------------------------- Current-Cutout Value: $163.99 Change from prior day: $0.25 ----------------------------------------------------------------------------- OKC West - El Reno Livestock Market, El Reno, OK. Feeder Cattle Auction Narrative Report for Wed 02/08/2012 Actual Receipts: 3871 Last Sale: 5100 Last Year: No Sale Compared to last week: Feeder steers 1.00-3.00 higher. Feeder heifers steady to 3.00 higher. Steer calves 1.00-4.00 higher. Heifer calves 7.00-9.00 higher. Feeder Steers: Medium and Large 1: Calves: 350-370 lbs 218.00- 221.00, set 365 lbs thin fleshed 226.00; 400-450 lbs 200.00-211.00, set 435 lbs thin fleshed 218.00; 460-470 lbs 202.00-209.00; 500-540 lbs 188.00-197.00; 550-570 lbs 185.00-189.00; Yearlings: 600-700 lbs 159.00-169.50; 700-800 lbs 151.50-159.75; 800-850 lbs 145.00- 149.00; 900-940 lbs 138.00-140.00. Medium and Large 1-2: 370-390 lbs 196.00-207.00; 440-450 lbs thin fleshed 208.00-209.00; 460-500 lbs 194.00-201.00; 500-550 lbs 180.50-187.00; 560-600 lbs 165.00-177.00; set 625 lbs 155.00; lot 680 lbs 159.25; 700-720 lbs 151.00-156.50;set 750-800 lbs 140.00- 149.00; 830-850 lbs 140.00-142.00; set 885 lbs 137.50. Feeder Heifers: Medium and Large 1: 360-380 lbs 170.00-175.50; 400-500 lbs 166.00-178.00; 500-550 lbs 159.00-169.00; 560-600 lbs 149.00-156.00; 600-650 lbs 140.00-150.00, set 610 lbs thin fleshed 151.50; 650-690 lbs 144.00-147.50; 700-730 lbs 134.00-144.50; set 775 lbs 135.00; 820-830 lbs 129.00-132.50; set 860 lbs 122.00. Medium and Large 1-2: 310-340 lbs 161.00-165.00; 400-500 lbs 154.00-167.00, set 455 lbs thin fleshed 167.00; 500-600 lbs 147.00- 159.00; 600-650 lbs 142.00-148.00; set 680 lbs 139.00; set 910 lbs 123.00. CME Future Closes for Feeder Cattle Month Close Change Month Close Change Mar 155.15 - .12 Aug 160.10 - .17 Apr 157.25 - .30 Sep 160.02 - .05 May 158.82 - .35 Oct 159.90 - .20 HOGS Direct trade: Dressed Basis: based on 185 lbs hog carcass with 0.9-1.1 inch back fat and 6 inch square loin/2.0 inch depth plant delivered. National direct trade barrows and gilts 1.31 lower with prices ranging from 76.00-90.00, weighted average price 83.44. Iowa-Minnesota 2.05 lower at 77.00-90.00, weighted average price 84.98. Western Cornbelt 2.02 lower at 77.00-90.00, weighted average price 84.82 and the Eastern Cornbelt .56 lower at 76.00-87.00, weighted average price 80.94. Live Basis (240-280 lbs): National direct barrows and gilts .74 higher at 60.00-67.13, weighted average 65.94. Iowa-Minnesota 1.25 higher at 64.90-67.13, weighted average 66.23. Western Cornbelt 1.13 higher at 61.00-67.13, weighted average price 66.06. Eastern Cornbelt .41 higher at 60.00-66.50, weighted average price 65.89. USDA ESTIMATED PORK CARCASS CUTOUT Calculations for a 200 lb Pork Carcass 53-54% lean, 0.65"-0.80" backfat at last rib ----------------------------------------------------------------------- ` Today's Primal Cutout Values Date Loads Carcass Loin Butt Pic Rib Ham Belly ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- 02/09 81.75 84.82 93.99 93.31 59.04 145.09 63.96 122.88 Change : -0.23 0.12 -0.05 0.06 0.03 -1.11 0.05 ----------------------------------------------------------------------- HOG Slaughter under Federal Inspection Thursday (est) 420,000 Week ago (est) 416,000 Year ago (act) 420,000 Week to date (est) 1,681,000 Same Period Last Week (est) 1,650,000 Same Period Last Year (act) 1,665,000 CME Futures Closes for Lean Hogs: Month Close Change Month Close Change Feb 87.30 + 1.02 Jun 98.45 + .12 Apr 89.65 + .70 Jul 99.25 + .05 May 97.80 + .30 Aug 98.82 + .27 SHEEP Auction Markets: Centennial Livestock Auction - Ft. Collins, CO Wed Feb 8, Compared to last week: there was not enough sheep and goats for and adequate market test. Sheep and lambs sold on a per cwt basis. Slaughter Lambs: Non-Traditional Market: Wooled: Choice 1 75-90 lbs 187.50-197.00; 100-110 lbs 182.50-190.00; 110-130 lbs 170.00-177.50. Good 1 58 lb 182.50; 100 lb 176.00. NATIONAL DAILY LAMB CARCASS REPORT Negotiated sales for delivery within 14 calendar days, FOB Plant basis. DAILY CHOICE AND PRIME, YG 1-4 Head 383 Weight Head Wt Avg 45-DN 40 448.45 45-55# 37 430.95 55-65# 34 388.38 65-75# 22 342.73 75-85# 20 333.00 85-UP 230 321.00 SHEEP Slaughter under Federal Inspection Thursday (est) 7,000 Week ago (est) 8,000 Year ago (act) 8,000 Week to date (est) 32,000 Same Period Last Week (est) 30,000 Same Period Last Year (act) 31,000 GOATS Auction Markets: Centennial Livestock Auction - Ft. Collins, CO Goat Report for Wednesday February 8, 2012 Compared to last week: there was not enough goats for and adequate market test. Goats sold on a per head basis unless otherwise noted. Slaughter/Feeder Goats: Kids: Selection 1 35 lb 70.00; 45 lb 82.50-87.50. Selection 2 40-50 lbs 67.50-77.50; 50-55 lbs 78.00-82.50; 65-75 lbs 104.00- 110.00; 80-85 lbs 120.00-125.00. Selection 3 50-60 lbs 57.50-60.00; 70-75 lbs 90.00-92.50. Source: USDA Market News Service, Amarillo, TX 806/372-6361 - amarillo.lgmn@ams.usda.gov USDA-TX 24 hour price information 806-372-3494. www.ams.usda.gov/mnreports/AM_LS830.txt www.ams.usda.gov/lsmarketnews 1515c ktg .