WA_LS700 Washington DC Mon Nov 23, 2009 USDA Market News MORNING LIVESTOCK SUMMARY Estimated Daily Livestock Slaughter under Federal Inspection CATTLE CALVES HOGS SHEEP Friday 11/20/2009 (est) 120,000 4,000 427,000 9,000 Week ago (est) 118,000 4,000 413,000 9,000 Year ago (act) 124,000 5,000 429,000 8,000 Week to date (est) 609,000 19,000 2,159,000 48,000 Same Period Last Week (est) 595,000 19,000 2,105,000 50,000 Same Period Last Year (act) 615,000 22,000 2,173,000 46,000 Saturday 11/21/2009 (est) 22,000 0 **163,000** 1,000 Week ago (est) 30,000 0 185,000 1,000 Year ago (act) 21,000 0 194,000 0 Week to date (est) 631,000 19,000 **2,322,000** 49,000 Same Period Last Week (est) 625,000 19,000 2,290,000 51,000 Same Period Last Year* (act) 636,000 21,000 2,368,000 46,000 2009 Year to Date 29,382,000 817,000*100,393,000*2,054,000 2008 *Year to Date 30,600,000 831,000 103,324,000 2,140,000 Percent change -4.0% -1.7% -2.8% -4.0% 2009 *Totals subject to revision 2008 *Totals adjusted to reflect NASS revisions Yearly totals may not add due to rounding Previous day estimated Steer and Heifer Cow and Bull Thursday 93,000 27,000 Chicago Mercantile Exchange Future Prices Choice Sltr Steers Feeder Steers Live Hog/Lean Value Set'l Ch Fr Set'l Ch Fr Set'l Ch Fr Price Pr Day Price Pr Day Price Pr Day Nov ----- ---- ----- ---- ----- ---- Dec 83.95 Unch ----- ---- 58.00 Unch Jan ----- ---- 92.70 Unch ----- ---- Feb 85.50 - 50 ----- ---- 64.37 - 75 Mar ----- ---- 93.22 -350 ----- ---- Apr 88.05 Unch 94.92 Unch 68.30 Unch Livestock Average Prices TRENDS YEAR AGO DAY WEEK Steers Choice 2-4 1100-1300 lbs (Texas) 84.00 UNCH UNCH 86.96 Cows Breakers 1-3 (Joplin, MO) 42.00 UNCH UNCH 44.75 Barrows & Gilts, 51-52% lean plant del. carcass 51.62 0.94 0.94 50.12 Feeder Steer M & L 1 650-700 lbs (Okla. City) 94.59 UNCH UNCH 98.08 Sltr Lambs Ch 2-4 Wooled 110-130 lbs (S. Falls) 95.50 UNCH UNCH 96.22 Carcass Equivalent Index Value Steer and Heifer Beef Choice 1-3 600-900 lbs 125.54 -0.67 -0.67 143.39 Select 1-3 600-900 lbs 118.92 -0.55 -0.55 133.45 Beef Cutout Value Choice 600-900 lbs 139.18 -0.43 -0.43 156.10 Select 600-900 lbs 131.97 -0.10 -0.10 145.23 Cutter Cows 99.16 -1.16 -1.16 105.63 Cutout Based on 200 lb Pork Carcass 53-54% Lean,.65"-.80" Backfat Last Rib 58.21 1.27 1.27 56.49 US No. 2 Yellow Corn (Omaha) 3.57 -0.04 0.02 3.42 Source: USDA Market News, Washington, D.C. Livestock and Grain Market News (202) 720-8054 www.ams.usda.gov/LSMarketNews 0735e jab