AM_LS830 Amarillo, TX Fri May 17, 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; Trade in the Texas Panhandle on Friday was limited on light demand. The last established market was Thursday with live sales at 125.00. Trading in Kansas is moderate to active on moderate demand Friday afternoon. Compared to last week, live sales are .50-1.00 lower at 125.00-125.50. Trading and demand in the Northern Plains and Western Cornbelt has been light. In Nebraska, a few early livesales sold at 125.50. Compared to last week early dressed sales sold steady to 2.00 lower from 200.00- 202.00. In Colorado few live sales are 1.50 lower than last week at 125.00. In the Western Cornbelt, a few early live sales sold at 125.00, and dressed sales when compared to last week sold 2.00-5.00 lower form 198.00-202.00. Head Count: 18,154 Week Ago: 25,514 Last Year: 3,968 Week to Date: 48,917 Week Ago: 55,609 Last Year: 5,330 Week TEXAS: 1.00 lower 125.00 KANSAS: .50-1.00 lower 125.00-125.50 NEBRASKA: Dressed steady to 2.00 lower; few live sales at 125.50 COLORADO: few live sales 125.50 IA/MN: few live sales at 125.00, Dressed 2.00-5.00 lower 198.00-202.00 Steers: Live basis; (all Grades: 2,241 head) 125.00-128.00, weighted average 125.29. Dressed Basis; (all Grades: 7,209 head) 195.50-203.00, weighted average 200.85. Heifers: Live basis; (all Grades: 2,294 head) 124.00-127.00, weighted average 125.14. Dressed Basis; (all Grades: 1,696 head) 195.50-203.00, weighted average 199.52. Auction Markets: New Holland Sales Stables - New Holland, PA Cattle and Calf Auction Report for Thursday, May 16, 2013 Cattle Calves This Week: 905 497 Last Week: 658 327 Last Year: 904 360 When compared to last Thursday`s sale, slaughter steers sold mostly steady to 1.00 higher on good demand. Slaughter Holsteins mostly 1.00-2.00 higher on good demand. Slaughter heifers 1.00- 2.00 higher on a light test. Slaughter cows sold mostly 2.00-3.00 higher on good demand. All prices per cwt. Slaughter Steers: High Choice and Prime 3-4 1250-1650 lbs 125.00- 128.50. Choice 2-3 1270-1600 lbs 122.00-124.75. Select 1-3 1250-1650 lbs 118.00-121.50. Slaughter Holsteins: High Choice and Prime 3-4 1450-1600 lbs 111.00- 116.50. Choice 2-3 1550-1650 lbs 107.00-110.00. Select 1-3 1400-1650 lbs 103.00-106.50. Slaughter Heifers: High Choice and Prime 3-4 1100-1350 lbs 123.00- 127.00. Choice 2-3 1100-1300 lbs 118.00-121.00. Select 1-3 1050-1400 lbs 110.00-116.00. Slaughter Heifers: Not tested. USDA ESTIMATED BOXED BEEF CUT-OUT CHOICE SELECT 600-900 600-900 -------------------------------------------------------------------------------- Current Cutout Values: 209.51 192.31 Change from prior day: 0.74 (0.40) -------------------------------------------------------------------------------- Choice/Select spread: 17.19 Total Load Count (Cuts, Trimmings, Grinds): 108 -------------------------------------------------------------------------------- The average live weight of cattle slaughtered in the Texas Panhandle for the week ending 05-11-2013 was 1246 lbs with 36 percent heifers compared to 1230 lbs and 42 percent heifers the previous week and 1229 lbs and 39 percent heifers the same week a year ago. CATTLE Slaughter under Federal Inspection Friday (est) 125,000 Saturday (est) 31,000 Week ago (est) 116,000 Week ago (est) 24,000 Year ago (act) 127,000 Year ago (act) 11,000 Week to date (est) 621,000 Week to date (est) 652,000 Same Period Last Week (est) 607,000 Same Period Last Week (est) 631,000 Same Period Last Year (act) 632,000 Same Period Last Year (act) 644,000 CME Futures Closes for Live Cattle: Month Close Change Month Close Change Jun 119.40 - .50 Dec 123.52 - .75 Aug 118.55 - 1.17 Feb 124.80 - .85 Oct 121.97 - .90 Apr 126.65 - .30 Producers Livestock Auction Co Report, San Angelo, Texas Cattle and Calf Auction: Close and Weekly: Total Receipts: 945 Last Week: 1016 Year Ago: 865 Compared to last week feeder steers and heifers weak to 1.00 lower. Slaughter cows weak to 1.00 lower. SLAUGHTER COWS: %Lean weight avg dress hi-dress low-dress Breakers 75-80 1300-1600 lbs 71.50-79.50 Boners 80-85 900-1500 lbs 78.00-84.50 86.00-86.50 74.00-79.00 Lean 85-90 850-1150 lbs 73.00-78.00 66.00-73.00 Lean 85-90 600-900 lbs 60.00-69.50 USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE Cutter 90% 350#/up -------------------------------------------------------------------------------- Current-Cutout Value: $160.67 Change from prior day: $1.04 -------------------------------------------------------------------------------- Cattleman's Livestock Auction - Dalhart, TX - Thursday - 05/16/13 Cattle and Calves: 1124 Week ago: 1380 Year Ago: 2237 Compared to week ago: Feeder steers under 600 lbs steady, heifers under 600 lbs steady to 2.00 lower; steers and heifers over 600 lb steady. Slaughter cows and bulls steady to weak. Trade and demand mostly moderate to good on a few reputation receipts on offer. Bulk supply Medium and Large 1-2 250-900 lb feeder steers and heifers. Slaughter cows made up 21 percent and slaughter bulls less than 1 percent, replacement cows 2 percent, and feeders 77 percent. The feeder supply included 61 percent steers and 39 percent heifers. Near 64 percent of the run weighed over 600 lbs. Steers: Medium and Large 1 200-300 lbs pre-conditioned 194.00-195.00, pkg 215 lbs 215.00, few 297 lbs fleshy 175.00; 300-350 lbs pre-conditioned 187.00- 193.00, few 310 lbs fleshy 167.00; 350-400 lbs 159.00-169; few 400-425 lbs pre- conditiioned 170.00-179.00; 450-500 lbs fleshy 157.00-158.00; few 515 lbs pre- conditioned 165.00; few 575-600 lbs pre-conditioned 151.00-152.00; few 600-700 lbs 148.00-149.00, few calves 137.50-139.00; few 725-775 lbs 132.50-133.00; few 800-825 lbs 129.00-131.00, few 896 lbs thin 122.50. Medium and Large 1-2 few 300 lbs 174.00, few 398 lbs fleshy 153.00; few 463 lbs thin 170.00; few 575 lbs full 131.00; few 688 lbs 135.00; 700-725 lbs 130.00-135.00; few 828 lbs 122.50. Medium and Large 2 few 335 lbs 161.00; few 593 lbs thin 145.00; 675-700 lbs 128.00-134.00; two loads 855 lbs 118.50. Heifers: Medium and Large 1 200-300 lbs 160.00-169.00, fleshy 144.00-154.00; few 344 lbs fleshy 150.00; few 400-500 lbs fleshy 144.00-149.00; few 597 lbs thin 135.50; 600-700 lbs 133.00-134.50; pkg 758 lbs full 124.00; few 877 lbs thin 121.00. Medium and Large 1-2 few 300-350 lbs 145.00-150.00; few 464 lbs 141.00; 500- 600 lbs 132.00-137.00; few 796 lbs fleshy 115.00. Medium and Large 2 few 350-400 lbs 138.00-140.50; few 400-500 lbs full 125.00-127.00; pkg 718 lbs 114.50; pkg 817 lbs full 112.00. CME Future Closes for Feeder Cattle: Month Close Change Month Close Change May 133.90 - 1.12 Oct 147.80 - 1.42 Aug 143.37 - 1.75 Nov 149.20 - 1.20 Sep 145.70 - 1.70 Jan 148.80 - 1.55 HOGS Direct Trade: Dressed Basis: National direct trade barrows and gilts .44 lower with prices ranging from 79.00-92.00, weighted average price 89.78. Live Basis (240-280 lbs): National direct barrows and gilts 4.72 lower at 60.22-71.75, weighted average 66.84. 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 -------------------------------------------------------------------------------- 5/17/2013 256.0 93.48 99.30 95.35 57.22 142.51 68.58 159.18 Change : 0.12 1.20 1.18 0.64 -2.18 0.34 -0.62 -------------------------------------------------------------------------------- HOG Slaughter under Federal Inspection Friday (est) 393,000 Saturday (est) 19,000 Week ago (est) 402,000 Week ago (est) 42,000 Year ago (act) 404,000 Year ago (act) 70,000 Week to date (est) 2,016,000 Week to date (est) 2,035,000 Same Period Last Week (est) 2,036,000 Same Period Last Week (est) 2,078,000 Same Period Last Year (act) 2,046,000 Same Period Last Year (act) 2,117,000 CME Futures Closes for Lean Hogs: Month Close Change Month Close Change Jun 91.52 - 1.35 Oct 80.30 - .25 Jul 90.97 - 1.57 Dec 77.40 + .05 Aug 90.15 - .75 Feb 80.45 + .30 SHEEP Auction Markets: Slaughter lambs not tested. NATIONAL DAILY LAMB CARCASS REPORT Compared to last week: Carcasses were mixed: Carcasses 45# and lighter were lower; 45-65# 2.46-5.09 higher; 65# and heavier .39 to 1.22 higher. Market activity was slow on light demand and moderate offerings. Negotiated sales for delivery within 14 calendar days, FOB Plant basis. DAILY CHOICE AND PRIME, YG 1-4 Head 2,033 Weight Head Wt Avg 45-DN 35 463.37 45-55# *Price not reported due to confidentiality* 55-65# 204 285.05 65-75# 450 257.61 75-85# 576 239.58 85-UP 734 215.60 * SAT-FRI CHOICE AND PRIME, YG 1-4 Head 5,655 Weight Head Wt Avg 45-DN 136 415.28 45-55# 187 338.72 55-65# 657 289.74 65-75# 1,175 256.86 75-85# 1,674 238.61 85-UP 1,826 215.06 SHEEP Slaughter under Federal Inspection Friday (est) 7,000 Saturday (est) 0 Week ago (est) 6,000 Week ago (est) 0 Year ago (act) 5,000 Year ago (act) 0 Week to date (est) 40,000 Week to date (est) 40,000 Same Period Last Week (est) 39,000 Same Period Last Week (est) 39,000 Same Period Last Year (est) 37,000 Same Period Last Year (act) 37,000 GOATS Auction Markets: Weighted Average Auction Report, Saluda, Williamston, Chesnee, Chester, Orangeburg, SC Report for the Week Ending Friday May 17, 2013 Goats [258] Goats sold per head basis. Slaughter and Replacement classes. Weights are estimated. Kids: Selection 1 under 20 lbs 40.00-52.00, 20-40 lbs 47.50-62.50, 40-60 lbs 67.50-85.00, 60-80 lbs 85.00-102.50, 80-100 lbs 105.00- 120.00; Selection 2 20-40 lbs 32.50-42.50, 40-60 lbs 42.50-65.00, 60-80 lbs 70.00-82.50. Yearlings: Selection 2 72.50-80.00, 60-80 lbs 87.50-90.00. Does/Nannies: Selection 1 50-70 lbs 82.50-90.00, 70-100 lbs 100.00-125.00, 100- 140 lbs 115.00-140.00, 140-180 lbs 160.00-210.00; Selection 2 50-70 lbs 67.50- 70.00, 70-100 lbs 80.00-100.00, 100-140 lbs 105.00-122.50; Selection 3 50-70 lbs 60.00-65.00, 70-100 lbs 70.00-77.50. Bucks/Billes: Selection 1 70-100 lbs 95.00-97.50, 100-150 lbs 110.00-125.00, 150-250 lbs 185.00-202.50; Selection 2 70-100 lbs couple @ 97.50, 150-250 lbs one @ 172.50. 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 1457M LG