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AP-USDA-Mdwst Lvstk

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By AP

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Updated: Thu, 05 Sep 2013 05:16:24 EST

AM—LS830Amarillo, TX Thu Sep 05, 2013 USDA Market NewsDaily Livestock SummaryCATTLEDirect Trade:In the direct slaughter cattle trade in the Five Major Marketing Areas,Texas/Oklahoma; Kansas; Nebraska; Colorado; Iowa/Minnesota: So far for Thursdaytrading has been inactive on very light demand in the Southern and NorthernPlains. In the Western Cornbelt trading was limited on very light demand.Not enough sales for a market trend. Last week in the Southern Plains live salessold at 123.00, with a few in the Texas Panhandle at 123.50. In the NorthernPlains live sales sold at 124.00 and dressed sales, in Nebraska, at 196.00. Inthe Western Cornbelt live sales sold at 123.00 and dressed sales sold from195.00-196.00.Head Count: 3,063 Week Ago: 928 Last Year: 291Week to Date: 4,286 Week Ago: 1,607 Last Year: 484Steers: live basis; (all Grades: 540 head) 122.00-125.00, weighted averageprice 122.22. Dressed Basis; (all Grades: 1,907 head) 193.00-196.00 weightedaverage price 193.90.Heifers: live basis; (all Grades: N/A head) N/A, weighted averageprice N/A. Dressed Basis; (all Grades: 186 head) 193.00, weightedaverage price 193.00.Auction markets:Tama, IA Slaughter Cattle AuctionWeighted Average Report for 09/04/2013Receipts: 1126 Last Week: 660Slaughter cattle sale today: Choice steers and heifers 1.75-2.00higher, choice Holsteins mostly steady, slaughter cows steady.Trade active. Demand good.Slaughter Steers Select and Choice 2-3; 1102-1335 lbs 120.50-125.85.Slaughter Steers Select 2-3; 1025-1195 lbs 117.50-121.00.Slaughter Holstein Steers Choice 2-3; 1270-1580 lbs 112.00-117.75.Slaughter Holstein Steers Select and Choice 2-3; 1310-1420 lbs 110.00-112.00.Slaughter Heifers Select and Choice 2-3; 1175-1403 lbs 124.85-127.85.USDA ESTIMATED BOXED BEEF CUT-OUT VALUESCHOICE SELECT600-900 600-900-------------------------------------------------------------------------------Current Cutout Values: 195.86 181.91Change from prior day: (0.70) (0.22)--------------------------------------------------------------------------------Choice/Select spread: 13.95Total Load Count (Cuts, Trimmings, Grinds): 218--------------------------------------------------------------------------------CATTLE Slaughter under Federal InspectionThursday (est) 125,000Week ago (est) 123,000Year ago (act) 125,000Week to date (est) 375,000Same Period Last Week (est) 484,000Same Period Last Year (act) 384,000CME Futures Closes for Live Cattle:Month Close Change Month Close ChangeOct 125.22 - .77 Apr 132.40 - .40Dec 129.12 - .77 Jun 126.67 - .40Feb 131.00 - .50 Aug 125.65 - .15Clovis Livestock Auction Summary - Clovis, NM - Wednesday - 9/4/13Receipts: 900 Last Week: 1419 Year Ago: 2975Compared to last week: Slaughter cows and bulls steady to weak. Trade active anddemand good.Slaughter Cows:% Lean Weight Avg. Dressing Hi Dressing Lo DressingBreakers 75-80 1200-1600 72.50-77.50 --- 72.00-72.50Breakers 75-80 850-1200 73.00 --- ---Boners 80-85 1200-2000 80.00-84.25 84.00-88.25 76.00-78.60Boners 80-85 800-1200 80.50-85.25 --- 74.00-77.50Lean 85-90 1200-2000 80.50-85.00 --- ---USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUECutter 90%350#/up-------------------------------------------------------------------------------Current-Cutout Value: $167.34Change from prior day: $0.27--------------------------------------------------------------------------------Winter Livestock Feeder Cattle Auction, Dodge City, KS close for 9/04/2013Receipts: 2176 Last Week: 1622 Year Ago: 2439Compared with last week: Feeder steers 800-950 lbs steady to 1.00 higher; Feederheifers 650-800 lbs steady to firm; 800-850 lbs 2.00 higher. Steers 800 lbs andunder, also heifers 650 lbs and under not enough for a market test, however afirm to higher undertone noted. Trade active, demand good. Slaughter cows 2.00-3.00 higher. Slaughter bulls firm to 2.00 higher in a light test. Receipts 86percent 600 lbs and over, 10 percent 600 lbs and under and 4 percent slaughtercows and bulls. Feeder supply 31 percent steers and 69 percent heifers.Feeder Steers: Medium and Large 1 12 head 350 lbs 209.00; 32 head 435 lbs191.00; 10 head 524 lbs 173.00; 800-850 lbs 154.60-155.35 (154.97); 900-950 lbs149.60-150.60 (150.02); 28 head 966 lbs 143.75.Medium and Large 1-2 10 head 675 lbs 154.00; 800-850 lbs 147.25-153.00 (148.33);21 head 887 lbs 148.25; 3 head 933 lbs 145.25.Medium and Large 2 7 head 686 lbs 140.00; 47 head 948 lbs 142.50.Medium and Large 2-3 600-650 lbs 145.50.Large 2-3 13 head 789 lbs 136.50; 11 head 815 lbs 140.50.Bulls: Medium and Large 1-2 9 head 362 lbs 192.00; 450-500 lbs 162.00-171.00(168.38); 8 head 628 lbs 137.00.Feeder Heifers: Medium and Large 1 17 head 355 lbs 190.00; 20 head 439 lbs172.00; 78 head 686 lbs 151.00; 700-750 lbs 148.50-150.25 (149.71); 750-800 lbs147.00-150.50 (148.42); 800-850 lbs 144.60-147.00 (146.06); 99 head 867 lbs141.00.Medium and Large 1-2 7 head 477 lbs 165.00; 29 head 592 lbs 152.00; 21 head 634lbs 154.50; 51 head 672 lbs 148.50; 63 head 747 lbs 144.50; 750-800 lbs 144.00-145.75 (144.94).Medium and Large 2 7 head 397 lbs 162.00; 450-500 lbs 157.00-158.00 (157.50); 14head 589 lbs 150.00.Large 1-2 15 head 703 lbs 146.75.Baby Calves: (per head) Steers/Bulls 1 head 170 lbs 350.00; 5 head 295 lbs660.00. Newborn 1 head 90 lbs 60.00; 1 head 75 lbs 35.00. Heifers 5 head 286lbs 560.00.CME Future Closes for Feeder CattleMonth Close Change Month Close ChangeSep 156.75 - .27 Jan 158.27 - .37Oct 158.80 - .45 Mar 157.57 - .60Nov 159.55 - .35 Apr 158.15 - .10HOGSDirect trade:Dressed Basis: based on 185 lbs hog carcass with 0.9-1.1 inch back fat and6 inch square loin/2.0 inch depth plant delivered. National direct tradebarrows and gilts .75 lower with prices ranging from 74.00-92.00,weighted average price 87.97.Live Basis (240-280 lbs): National direct barrows and gilts 1.52 higher at59.49-70.00, weighted average 68.29.USDA ESTIMATED PORK CARCASS CUTOUTCalculations for a 200 lb Pork Carcass53-54% lean, 0.65"-0.80" backfat at last rib--------------------------------------------------------------------------------Total Today's Estimated Primal CutoutDate Loads Carcass Loin Butt Pic Rib Ham Belly--------------------------------------------------------------------------------9/5/2013 479.9 94.76 96.46 95.71 63.64 132.08 85.52 141.52Change : -1.11 -1.83 -2.04 0.08 -3.17 1.23 -1.24-------------------------------------------------------------------------------HOG Slaughter under Federal InspectionThursday (est) 431,000Week ago (est) 429,000Year ago (act) 434,000Week to date (est) 1,293,000Same Period Last Week (est) 1,722,000Same Period Last Year (act) 1,312,000CME Futures Closes for Lean Hogs:Month Close Change Month Close ChangeOct 89.40 + .27 Apr 86.80 - .10Dec 85.92 + .07 May 90.45 - .25Feb 87.57 + .10 Jun 91.90 - .05SHEEPAuction Markets:Sioux Falls Sheep and Goats - Worthing, SDWeighted Average Report for 09/04/2013Receipts: Sheep: 1088 Last Week: 931 Year Ago: 599Compared to last week: Slaughter lambs 2.00 to 3.00 higher. Good to very gooddemand for slaughter lambs,Slaughter Lambs Wooled & Shorn Choice and Prime 2-3; 128-160 lbs 113.00-120.00.Slaughter Lambs Wooled & Shorn Choice 2-3; 117-170 lbs 115.00-121.25.NATIONAL DAILY LAMB CARCASS REPORTNegotiated sales for delivery within 14 calendar days,FOB Plant basis.DAILY CHOICE AND PRIME, YG 1-4 Head 466Weight Head Wt Avg45-DN 107 349.3645-55# 86 338.7055-65# 173 296.1465-75# *Price not reported due to confidentiality*75-85# *Price not reported due to confidentiality*85-UP *Price not reported due to confidentiality**For more information, please visit www.ams.usda.gov/ConfidentialityGuidelines*SHEEP Slaughter under Federal InspectionThursday (est) 8,000Week ago (est) 8,000Year ago (act) 7,000Week to date (est) 28,000Same Period Last Week (est) 36,000Same Period Last Year (act) 27,000GOATSAuction Markets:Sioux Falls Sheep and Goats - Worthing, SDWeighted Average Report for 09/04/2013Receipts: Goats: 56 Last week: 165 Last Year: 32Slaughter Kids Selection 1; 38-75 lbs 145.00-177.50.Source: USDA Market News Service, Amarillo, TX806/372-6361 - Amarillo.LPGMN@ams.usda.govUSDA-TX 24 hour price information 806-372-3494.www.ams.usda.gov/mnreports/AM—LS830.txtwww.ams.usda.gov/lsmarketnews1423M LG

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