AM_LS830 Amarillo, TX Mon May 20, 2013 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; Thus far on Monday, negotiated cash trade is at a standstill. The last fully established market was last week. In the Texas Panhandle, live sales sold at 125.00. In Kansas last week, live sales sold from 125.00-125.50. In the Northern Plains, live sales sold at 126.50 with dressed sales in Nebraska selling at 201.00. In the Western Cornbelt, live sales sold from 124.00-125.50 and dressed sales sold from 198.00- 202.00. Steers: Live Basis: (all grades N/A head) N/A, weighted average N/A. Dressed Basis; (all grades N/A head) N/A weighted average N/A. Heifers: Live Basis: (all grades N/A head) N/A weighted average N/A. Dressed Basis; (all grades N/A head) N/A, weighted average N/A. USDA ESTIMATED BOXED BEEF CUT-OUT VALUES CHOICE SELECT 600-900 600-900 -------------------------------------------------------------------------------- Current Cutout Values: 210.04 193.41 Change from prior day: 0.53 1.10 -------------------------------------------------------------------------------- Choice/Select spread: 16.64 Total Load Count (Cuts, Trimmings, Grinds): 147 -------------------------------------------------------------------------------- CATTLE Slaughter under Federal Inspection Monday (est) 125,000 Week ago (est) 123,000 Year ago (act) 125,000 CME Futures Closes for Live Cattle: Month Close Change Month Close Change Jun 120.12 + .75 Dec 123.90 + .37 Aug 119.15 + .60 Feb 125.25 + .45 Oct 122.47 + .50 Apr 126.90 + .25 OKC West - El Reno Livestock Market, El Reno, OK. Cow and Bull Auction Report for Mon 05/20/2013 Receipts: 710 Last Week: 452 Last Year: 591 Compared to last week: Slaughter cows and bulls sold steady to weak. Demand moderate to good. Total of 581 cows and bulls sold with 45 percent going to packers. ***There will be no sale on Monday May, 27 2013 in observance of Memorial Day** Slaughter cows: Head %Lean Weight Average Dress High Dress Low Dress Breakers 65 75-80% 1300-1665 80.00 ----- 74.50-79.50 Boners 103 80-85% 1100-1500 82.00-86.00 ----- 75.00-80.50 Lean 55 85-90% 1000-1400 75.00-77.00 81.50-85.50 67.00-73.00 Light 9 85-90% 700-1000 68.00-73.00 75.00 61.00-65.50 USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE Cutter 90% 350#/up -------------------------------------------------------------------------------- Current-Cutout Value: $160.28 Change from prior day: ($0.39) -------------------------------------------------------------------------------- Oklahoma National Stockyards, Oklahoma City, OK. - Mid Session Feeder Cattle Auction Narrative Report for Mon 05/20/2013 ***The Oklahoma National Stockyards will be closed Monday May 27, 2013 for the Memorial Day Holiday. There will be a one day sale on Tuesday May the 28th. The sale will start at 8:00 am with feeders and calves and the cows will sell at the end of the sale.*** Estimated Receipts: 10,000 Last Monday: 8551 Yr Ago Monday: 8580 Compared to last week: Feeder steers are opening 1.00-3.00 lower. Feeder heifers opening 2.00-5.00 lower in an early light test. Steer and heifer calves not well tested, however a weak undertone is noted. Demand moderate for all classes. Feeder Steers Medium and Large 1: Calves: lot 455 lbs 165.00; lot 520 lbs 155.50; 565 lbs 143.00; 630-670 lbs 132.00-138.00; Yearlings: few 625-670 lbs 139.00-145.50; 725-800 lbs 131.50-135.00; 750-800 lbs 126.00-133.75; 800-840 lbs 123.75-128.70; 850-900 lbs 117.50121.00; 900-1000 lbs 115.00-119.00; 1030-1060 lbs 113.00-115.00. Medium and Large 1-2: Calves: 425-500 lbs 148.00-154.00; 530-600 lbs 146.00; 640 lbs 127.00; Yearlings: 625-700 lbs 126.00-136.00; 700-790 lbs 124.50-130.00; 800-825 lbs 118.60-124.75; string 905 lbs 118.85. Feeder Heifers Medium and Large 1: Calves: lot 345 lbs 154.50; 375 lbs fleshy 138.00; 400 lbs 148.00; 425-500 lbs 133.00-143.00; 525- 575 lbs 131.00-134.50; 575-600 lbs fleshy 120.00-125.50; Yearlings: 600-700 lbs 123.50-132.50; 700-800 lbs 118.50-125.00; 825-850 lbs 115.00- 116.85; lot 885 lbs 110.00; lot 925 lbs 114.00. Medium and Large 1-2: 500-575 lbs 125.00-133.00; 600-650 lbs 120.00- 126.00; lot 790 lbs 116.00; 825-875 lbs 114.50-115.75; lot 910 lbs 113.00. CME Future Closes for Feeder Cattle Month Close Change Month Close Change May 132.52 - 1.37 Oct 148.75 + .95 Aug 144.47 + 1.10 Nov 150.05 + .85 Sep 146.82 + 1.12 Jan 150.10 + 1.30 HOGS Direct Trade: Dressed Basis: National direct trade barrows and gilts .20 higher with prices ranging from 82.00-95.00, weighted average price 89.93. Live Basis (240-280 lbs): National direct barrows and gilts 1.28 higher at 62.50-71.50, weighted average 69.62. USDA ESTIMATED PORK CARCASS CUTOUT Calculations for a 200 lb Pork Carcass 53-54% lean, 0.65"-0.80" backfat at last rib ------------------------------------------------------------------------------- Total Today's Estimated Primal Cutout Date Loads Carcass Loin Butt Pic Rib Ham Belly -------------------------------------------------------------------------------- 5/20/2013 235.0 93.38 99.60 97.46 57.44 138.67 65.68 159.00 Change : -0.10 0.30 2.11 0.22 -3.84 -2.90 -0.18 -------------------------------------------------------------------------------- HOG Slaughter under Federal Inspection Monday (est) 410,000 Week ago (est) 400,000 Year ago (act) 415,000 CME Futures Closes for Lean Hogs: Month Close Change Month Close Change Jun 92.07 + .55 Oct 81.07 + .77 Jul 91.52 + .55 Dec 78.07 + .67 Aug 90.35 + .20 Feb 81.00 + .55 SHEEP Auction Markets: No test. NATIONAL DAILY LAMB CARCASS REPORT Negotiated sales for delivery within 14 calendar days, FOB Plant basis. DAILY CHOICE AND PRIME, YG 1-4 Head 962 Weight Head Wt Avg 45-DN *Price not reported due to confidentiality* 45-55# *Price not reported due to confidentiality* 55-65# 215 285.56 65-75# 170 259.62 75-85# 210 237.90 85-UP 314 216.28 SHEEP Slaughter under Federal Inspection Monday (est) 9,000 Week ago (est) 9,000 Year ago (act) 8,000 GOATS Auction Market: Montgomery, AL Mon May 20, 2013 USDA-AL Dept of Ag Market News ***This report will not be issued next week in observance of the National Memorial Day holiday*** Receipts: 169 Last Week: 53 Year Ago: 219 Compared to two weeks ago: Goats sold 2.00 to 4.00 higher per head. Slaughter Classes Kids: Selection 1 30-40 lbs 60.00-65.00 (62.50); 40-50 lbs 75.00- 90.00 (78.43); 50-60 lbs 82.00-86.00 (84.00). Selection 2 20-30 lbs 30.00; 30-40 lbs 35.00-51.00 (46.44); 40-50 lbs 50.00-67.00 (60.30). Nannies/Does: Selection 1 80-130 lbs 115.00. Selection 2 50-80 lbs 62.00-85.00 (75.26); 80-130 lbs 115.00-130.00 (124.32). Bucks/Billies: Selection 1 100-200 lbs 102.00. Selection 2 20-70 lbs 75.00-80.00 (78.75); 80-100 lbs 75.00-95.00 (85.67); 100-150 lbs 126.00; 150-250 lbs 133.00. Replacement Classes Kids: Selection 1 20-30 lbs 50.00; 30-40 lbs 52.50; 40-50 lbs 82.00; 50-60 lbs 99.00; 70-80 lbs 125.00; 80-90 lbs 95.00; 90-100 lbs 100.00. Selection 2 30-40 lbs 47.50; 40-50 lbs 50.00-59.00 (54.45); 50-60 lbs 55.00; 60-70 lbs 65.00-70.00 (67.10); 70-80 lbs 80.00; 80-90 lbs 85.00- 90.00 (88.40). Selection 3 60-70 lbs 40.00. Nannies/Does: Selection 1 70-100 lbs 116.00. Selection 2 20-70 lbs 50.00-77.00 (63.40); 70-100 lbs 57.50-97.00 (77.25); 100-200 lbs 102.00. Bucks/Billies: Selection 1 60-100 lbs 95.00-140.00 (117.45); 100-200 lbs 170.00. Selection 2 60-100 lbs 95.00-97.00 (96.05); 100-200 lbs 105.00. Source: USDA Market News Service, Amarillo, TX 806/372-6361 - amarillo.lgmn@ams.usda.gov USDA 24 hour price information 806-372-3494 www.ams.usda.gov/mnreports/AM_LS830.txt www.ams.usda.gov/lsmarketnews 1445M LG