AM_LS830 Amarillo, TX Fri November 06, 2009 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; for Friday afternoon not enough sales in the Texas Panhandle to establish an adequate market trend. Steers: Live basis; (all Grades: 666 head) 87.50. Dressed basis; (all Grades: 930 head) 132.00-139.00, weighted average 134.64. Heifers: Live basis; (all Grades: 700 head) 85.00-87.50, weighted average 85.96. Dressed Basis; (all Grades: 70 head) 133.00-134.00, weighted average 133.31. For the week: Live sales were steady from 87.00 to 87.50 in Kansas and dressed sales 1.00 higher at 140.00. In Nebraska live sales were 1.00 lower from 85.00 to 86.00 and dressed sales were 1.00 lower at 134.00. In Colorado live sales were 1.00 to 3.00 lower at 85.00. In the Western Cornbelt live sales were mostly steady at 84.00 and dressed sales unevenly steady at 134.00. Auction Markets: Walnut Livestock Auction, Walnut IL Report for 11/05/2009 Receipts: 236 Last Week: 560 Year Ago: 470 Compared to last week, slaughter steers traded steady. Slaughter Steers Choice 2-3 1137-1474 lbs 80.00-83.00; 1500 lbs 82.00. Select and Choice 2-3 1095-1135 lbs 71.75-73.50. Slaughter Heifers Choice 2-3 1118-1273 lbs 79.75-80.85. Select and Choice 2- 3 1000-1170 lbs 76.75-79.25. USDA ESTIMATED BOXED BEEF CUT-OUT CHOICE SELECT 600-900 600-900 -------------------------------------------------------------------------------- Current Cutout Values: 140.78 135.44 Change from prior day: (0.55) (0.32) -------------------------------------------------------------------------------- Choice/Select spread: 5.34 Total Load Count (Cuts, Trimmings, Grinds): 218 -------------------------------------------------------------------------------- The average live weight of cattle slaughtered in the Texas Panhandle for the week ending 10-31-2009 was 1275 lbs with 42 percent heifers compared to 1281 lbs and 41 percent heifers the previous week and 1281 lbs and 38 percent heifers the same week a year ago. CATTLE Slaughter under Federal Inspection Friday (est) 118,000 Saturday (est) 21,000 Week ago (est) 120,000 Week ago (est) 31,000 Year ago (act) 117,000 Year ago (act) 20,000 Week to date (est) 608,000 Week to date (est) 629,000 Same Period Last Week (est) 620,000 Same Period Last Week (est) 651,000 Same Period Last Year (act) 604,000 Same Period Last Year (act) 624,000 CME Futures Closes for Live Cattle: Month Close Change Month Close Change Dec 85.00 - 1.35 Jun 85.85 - .55 Feb 86.27 - .95 Aug 85.75 - .40 Apr 89.00 - .72 Oct 88.65 - .30 New Holland Sales Stables Auction Report for Thursday, November 05, 2009 Compared to last Thursday, Slaughter cows sold mostly 2.00 lower, with lean cows trending 1.00 to 1.50 lower. Slaughter Cows: Percent Lean Avg. Dressing High Dressing Low Dressing Premium White 65-75 43.00-45.50 ----------- 40.50-42.00 Breakers 75-80 41.00-43.00 44.00-45.50 38.75-39.50 Boners 80-85 39.00-41.00 42.00-44.75 36.00-38.00 Lean 88-90 36.50-39.00 40.00-41.00 34.50-36.00 USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE Cutter 90% 350#/up -------------------------------------------------------------------------------- Current-Cutout Value: $102.65 Change from prior day: $0.39 -------------------------------------------------------------------------------- Farmers & Ranchers Livestock Commission Co., Salina Kansas Receipts: 2850 Last Sale: 2366 Year Ago: 2178 Compared to last week: Steers 300-700 lbs 1.00-9.00 higher, bulk of trade 2.00- 5.00 higher; 700-1050 lbs 1.00-6.00 lower. Heifers 350-1000 lbs 1.00-3.00 higher. Feeder Steers (Figures in parentheses are weighted average prices.) Medium and Large 1: 300-350 lbs 127.00-128.00 (127.44); 350-400 lbs 121.00-123.00 (121.78); 400-450 lbs 118.50-121.00 (120.18); 450-500 lbs 115.00-118.50 (116.60); 500-550 lbs 107.00-110.50 (108.16); 7 head 564 lbs 105.00; 600-650 lbs 97.25-99.00 (98.14); 650-700 lbs 96.00-96.50 (96.17); 700-750 lbs 94.00-96.50 (94.87); 750-800 lbs 92.00-97.00 (93.72); 800-850 lbs 89.00-95.50 (93.14); 850- 900 lbs 87.50-93.00 (90.76); 1000-1050 lbs 87.00-91.00 (87.14). Medium and Large 1-2: 30 head 443 lbs 117.00; 450-500 lbs 106.00-112.00 (109.31); 500-550 lbs 101.00-104.00 (102.86); 550-600 lbs 94.00-98.25 (96.07); 600-650 lbs 93.00- 94.50 (93.53); 650-700 lbs 90.00-93.00 (91.23); 700-750 lbs 90.00-92.00 (90.97); 13 head 860 lbs 91.00; 900-950 lbs 85.50-87.25 (87.07); 950-1000 lbs 86.00-87.00 (86.47). Medium and Large 2: 350-400 lbs 113.00-116.00 (114.35); 400-450 lbs 110.00-114.00 (113.19); 450-500 lbs 100.00-103.00 (101.63); 500-550 lbs 92.00- 93.00 (92.40); 550-600 lbs 86.25-93.85 (91.18); 600-650 lbs 87.25-92.50 (91.64); 650-700 lbs 85.00-87.50 (86.25); 5 head 725 lbs 88.50; 750-800 lbs 85.25-88.00 (87.22). Feeder Heifers (Figures in parentheses are weighted average prices.) Medium and Large 1: 350-400 lbs 103.50-107.00 (105.70); 25 head 417 lbs 108.50; 450-500 lbs 94.00-96.00 (94.56); 33 head Replacement 450 lbs 102.25; 550-600 lbs 90.50- 93.00 (92.02); 600-650 lbs 90.00-93.25 (91.67); 650-700 lbs 89.25-94.50 (92.82); 700-750 lbs 91.25-93.60 (92.40); 750-800 lbs 90.00-91.00 (90.39); 800-850 lbs 88.00-90.50 (88.74); 15 head 899 lbs 87.25; 16 head 985 lbs 85.00. Medium and Large 1-2: 300-350 lbs 99.00-100.00 (99.52); 400-450 lbs 93.00-98.00 (95.09); 450-500 lbs 87.00-93.00 (89.32); 500-550 lbs 87.00-91.50 (89.30); 550-600 lbs 86.00-91.00 (87.71); 600-650 lbs 84.00-88.00 (85.53); 650-700 lbs 84.00-87.75 (86.26); 700-750 lbs 85.25-90.00 (86.39); 750-800 lbs 85.50-86.75 (85.88); 800- 850 lbs 83.00-85.00 (83.86); 900-950 lbs 81.00-82.00 (81.66). Medium and Large 2: 300-350 lbs 96.00-96.50 (96.16); 350-400 lbs 93.00-95.50 (94.44); 400-450 lbs 89.00-92.00 (90.58); 500-550 lbs 83.00-86.75 (85.49); 550-600 lbs 82.00- 89.50 (85.42); 600-650 lbs 81.00-81.50 (81.33); 650-700 lbs 83.00. CME Future Closes for Feeder Cattle: Month Close Change Month Close Change Nov 94.65 - .95 Apr 96.77 - .67 Jan 96.07 - 1.10 May 98.00 - .45 Mar 96.50 - .80 Aug 99.10 - .40 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 .48 lower with prices ranging from 44.00-55.23, weighted average price 53.01. Iowa-Minnesota .90 lower at 44.00-54.73, weighted average price 52.92. Western Cornbelt .75 lower at 44.00-55.23, weighted average price 53.47. Eastern Cornbelt .27 lower at 46.00-54.26, weighted average price 52.08. Live Basis (240-280 lbs): National direct barrows and gilts .13 higher at 35.44-43.21, weighted average 41.52. Iowa-Minnesota .13 higher at 38.60-43.21, weighted average 41.65. Western Cornbelt .06 higher at 38.60-43.21, weighted average 41.65. Eastern Cornbelt .36 higher at 35.44-43.00, weighted average 41.46. For the week: National Direct barrow and gilt prices 1.53 higher. 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 ----------------------------------------------------------------------- 11/06 50.0 58.63 64.34 59.59 41.74 86.75 57.64 71.48 Change : -1.03 -1.29 -0.28 0.18 -0.03 -2.02 -1.22 ------------------------------------------------------------------------ HOG Slaughter under Federal Inspection Friday (est) 428,000 Saturday (est) 144,000 Week ago (est) 425,000 Week ago (est) 146,000 Year ago (act) 430,000 Year ago (act) 143,000 Week to date (est) 2,158,000 Week to date (est) 2,302,000 Same Period Last Week (est) 2,148,000 Same Period Last Week (est) 2,294,000 Same Period Last Year (act) 2,161,000 Same Period Last Year (act) 2,305,000 CME Futures Closes for Lean Hogs: Month Close Change Month Close Change Dec 55.70 - .90 May 72.40 + .40 Feb 62.85 - .62 Jun 75.92 + .35 Apr 67.40 - .15 Jul 75.00 + .40 SHEEP Auction Markets: Slaughter lambs not tested. Direct Markets: Eastern Cornbelt Direct Sheep Weekly Report Total sheep and lamb sales: 844 Last week: 881 Year ago: 626 Compared to last week, slaughter lambs traded steady. Wooled Slaughter Lambs: Choice and Prime 2-3: 90-110 lbs 98.00; 110-130 lbs 82.00-92.00. Good and Choice 1-2: 60-90 lbs 105.00. NATIONAL DAILY LAMB CARCASS REPORT Compared to last week: 55#'s and down were weak to lower; 55-65#'s were 11.45 lower; 65#'s and up were 0.55 to 2.00 lower. DAILY CHOICE AND PRIME, YG 1-4 Head 2,812 Weight Head Wt Avg 45-DN 58 250.63 45-55# 167 234.85 55-65# 1,085 206.28 65-75# 1,056 197.25 75-85# 388 194.19 85-UP 58 193.38 * SAT-FRI CHOICE AND PRIME, YG 1-4 Head 12,747 Weight Head Wt Avg 45-DN 158 267.45 45-55# 391 242.68 55-65# 2,929 208.53 65-75# 4,500 198.52 75-85# 3,647 194.57 85-UP 1,122 188.44 SHEEP Slaughter under Federal Inspection Friday (est) 8,000 Saturday (est) 2,000 Week ago (est) 8,000 Week ago (est) 0 Year ago (act) 8,000 Year ago (act) 0 Week to date (est) 48,000 Week to date (est) 50,000 Same Period Last Week (est) 46,000 Same Period Last Week (est) 46,000 Same Period Last Year (est) 47,000 Same Period Last Year (act) 47,000 GOATS Direct Markets: Eastern Cornbelt Direct Goats Compared to last week, slaughter kid goats sold 5.00 higher. Slaughter Goats (cwt.): Kids: Selection 1: 40-60 lbs 125.00. Selection 2: 40-60 lbs 120.00. Yearlings: Not tested. Auction Markets: South Carolina Weekly Auctions Goats: Receipts 227. Goats sold per head basis. Slaughter and Replacement classes. Weights are estimated. Kids: Selection 1 Under 20 lbs 29.00-30.00, 20-40 lbs 36.00-40.00, 40-60 lbs 45.00-55.00, 60-80 lbs 65.00-74.00. Selection 2 Under 20 lbs 20.00-25.00, 20-40 lbs 27.50-35.00, 40-60 lbs 37.50-42.00. Yearlings: Selection 1 60-80 lbs 65.00-85.00. Selection 2 40-60 lbs 39.00- 41.00, 60-80 lbs 55.00-63.00. 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 1545c cs .