AM_LS830 Amarillo, TX Mon Jul 06, 2009 USDA-TX Dept of Ag 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: Not enough sales for an adequate market trend. Steers: Live Basis: (all grades 0 head). Dressed Basis; (all grades 67 head) 129.00-131.00, weighted average price 130.19. Heifers: Live Basis: (all grades 168 head) 81.00. Dressed Basis; (all grades 0 head). Auction markets: Not tested. USDA ESTIMATED BOXED BEEF CUT-OUT VALUES CHOICE SELECT 600-900 600-900 -------------------------------------------------------------------------------- Current Cutout Values: 137.71 132.42 Change from prior day: (0.18) (0.02) -------------------------------------------------------------------------------- Choice/Select spread: 5.29 Total Load Count (Cuts, Trimmings, Grinds): 380 -------------------------------------------------------------------------------- CATTLE Slaughter under Federal Inspection Monday (est) 121,000 Week ago (est) 130,000 Year ago (act) 124,000 CME Futures Closes for Live Cattle: Month Close Change Month Close Change Aug 84.42 - .45 Feb 90.10 + .00 Oct 89.82 - .40 Apr 90.70 + .10 Dec 89.87 - .20 Jun 88.15 + .10 Torrington Livestock Commission Co. – Torrington, WY – Close on Friday Compared to last week: Slaughter Cows steady to 1.00 lower. Slaughter Cows: Pct Lean Weight Avg Dressing High Dressing Low Dressing Breakers 75-80 1250-1750 53.00-57.00 58.50-61.00 Boners 80-85 1050-1450 48.00-54.00 55.00-60.00 Lean 85-90 950-1350 44.00-49.00 49.50-52.50 USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE Cutter 90% 350#/up -------------------------------------------------------------------------------- Current-Cutout Value: $111.13 Change from prior day: ($0.89) -------------------------------------------------------------------------------- Oklahoma National Stockyards - Midsession on Monday Estimated Receipts: 5000 Last Monday: 11,617 Year Ago: 4941 Compared to last week: Feeder steers and heifers 1.00-2.00 higher. Feeder Steers Medium and Large 1: few 450-500 lbs 110.00-117.25; few 500-515 lbs 109.00-116.50; 550-600 lbs 105.00-108.00; few 600-700 lbs 104.25-106.00; 700-750 lbs 102.00-105.00; few 750-800 lbs 101.00-103.25; 800-850 lbs 96.75- 101.50; 850-900 lbs 94.50-99.00; few 900-985 lbs 94.75-97.00. Medium and Large 1-2: 40-500 lbs 102.00-108.50, thin 123.00; 500-600 lbs 100.50-111.25; 600-700 lbs 101.50-103.50; 700-800 lbs 99.00-102.75, thin 104.00. Feeder Heifers Medium and Large 1: 400-500 lbs 102.00-104.00; 500-600 lbs 99.00-103.50; pen 620 lbs 101.50; 650-700 lbs 97.25-100.25; 700-775 lbs 94.00- 99.25. Medium and Large 1-2: 400-500 lbs 96.00-101.00; 500-600 lbs 97.50- 102.00; 600-700 lbs 96.50-100.00; 700-800 lbs 93.00-96.00. CME Future Closes for Feeder Cattle Month Close Change Month Close Change Aug 103.80 + .35 Nov 102.87 + .37 Sep 102.95 + .77 Jan 101.85 + .40 Oct 102.92 + .45 Mar 100.90 + .70 HOGS Direct Trade: The direct hog trade prices are 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 .99 higher at 47.00-60.00, weighted average price 56.33. Iowa-Minnesota 2.72 higher at 48.50-60.00, weighted average price 57.93. Western Cornbelt .71 lower at 48.50-60.00, weighted average price 57.76 and Eastern Cornbelt 2.03 higher at 47.00-58.11, weighted average price 55.31. Live Basis (240-280 lbs): National direct trade barrows and gilts 4.11 higher at 39.43-47.50, weighted average 46.54. Iowa-Minnesota 1.96 higher at 41.45- 47.50, weighted average 46.64. Western Cornbelt 2.80 higher at 41.45-47.50, weighted average 46.57. Eastern Cornbelt 5.22 higher at 39.43-47.50, weighted average 46.53. 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 Primal Cutout Values Date Loads Carcass Loin Butt Pic Rib Ham Belly ----------------------------------------------------------------------- 07/06 60.5 54.95 69.05 62.35 37.64 97.11 42.14 64.32 Change : -0.05 0.15 -0.56 0.02 -1.61 0.18 unc ----------------------------------------------------------------------- HOG Slaughter under Federal Inspection Monday (est) 370,000 Week ago (est) 408,000 Year ago (act) 411,000 CME Futures Closes for Lean Hogs: Month Close Change Month Close Change Jul 60.65 + .62 Dec 59.00 + .75 Aug 62.05 + .90 Feb 64.05 + .25 Oct 57.95 + .77 Apr 67.82 + .60 SHEEP Auction Markets: Sioux Falls Sheep & Goat Auction- Sioux Falls, SD Receipts: Sheep 581 Last Week: 719 Year Ago: 934 Compared to last week: Slaughter lambs sold mostly 4.00 to 6.00 lower. Slaughter Lambs: Shorn Choice 2-3 133 lbs 98.00. Wooled Choice and Prime 2-3 132-141 lbs 99.00-101.00. Wooled Choice 1-3 108 lbs 96.00; 122 lbs 95.50; 141 lbs 97.00. Mills County Commission Co - Goldthwaite, TX - Friday - 07/03/09 No report available due to holiday closing. NATIONAL DAILY LAMB CARCASS REPORT DAILY CHOICE AND PRIME, YG 1-4 Head 3,053 Weight Head Wt Avg 45-DN 54 320.69 45-55# 146 265.41 55-65# 291 243.92 65-75# 661 225.61 75-85# 1,055 218.48 85-UP 846 206.92 SHEEP Slaughter under Federal Inspection Monday (est) 7,000 Week ago (est) 9,000 Year ago (act) 10,000 GOATS Auction Markets: Mills County Commission Co - Goldthwaite, TX - Friday - 07/03/09 No report available due to holiday closing. Montgomery, AL Mon Jul 06, 2009 No report available due to holiday. Source: USDA-TX Dept of Ag Market News, Amarillo, TX 806/372-6361 - email: amarillo.lgmn@usda.gov www.ams.usda.gov/mnreports/AM_ls830.txt 1530c djm .