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Amarillo, TX — Here is the daily livestock summary for Wednesday, June 24, 2009, as reported by the USDA.

Direct Trade:

In the direct slaughter cattle trade in the Five Major Marketing Areas,
Texas/Oklahoma; Kansas; Nebraska; Colorado; Iowa/Minnesota; Compared to last
week, not enough sales to accurately determine a trend. Steers: Live basis;
(all Grades: 2914 head) 80.00-82.50, weighted average 80.48. Dressed Basis;
(all Grades: 4060 head) 129.00-131.00, weighted average 130.63. Heifers: Live
Basis; (all Grades: 1425 head) 80.00-81.00, weighted average 80.37. Dressed
Basis; (all Grades: 613 head) 129.00-130.00, weighted average 129.38.

Auction markets:
Sioux Falls Slaughter Cattle – Estimate: 600
Compared to last week, slaughter steers, heifers and Holsteins
steady to firm.
Slaughter Steers: Choice 2-3 1235-1390 lbs 79.75-81.50, no
implants 1180-1305 lbs 82.40-82.50. Choice and Prime 2-4 Holsteins
1470-1475 lbs 73.00-73.50.
Slaughter Heifers: Choice 2-3 1045-1295 lbs 79.25-80.75.
Choice 3-4 load 1165 lbs 80.25.

USDA ESTIMATED BOXED BEEF CUT-OUT VALUES
CHOICE SELECT
600-900 600-900
——————————————————————————–
Current Cutout Values: 139.94 133.13
Change from prior day: (0.18) 0.82
——————————————————————————–
Choice/Select spread: 6.81

Total Load Count (Cuts, Trimmings, Grinds): 306
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CATTLE Slaughter under Federal Inspection
Wednesday(est) 130,000
Week ago (est) 130,000
Year ago (act) 127,000
Week to Date (est) 388,000
Same Period Last Week (est) 389,000
Same Period Last Year (act) 381,000

CME Futures Closes for Live Cattle:
Month Close Change Month Close Change
Jun 81.65 – .20 Dec 88.97 – .37
Aug 82.47 – .85 Feb 89.65 – .37
Oct 88.17 – .57 Apr 90.70 – .70

Slaughter Cows

Woodward Livestock Market, Woodward, OK. Cow and bull auction Report for Tue
Receipts: 400 Last Week: 865 Year Ago: 1050
Compared to last week: Slaughter cows and bulls 2.00-3.00 higher.
Total of 235 cows and bulls sold with 53 percent to packers.
Head %Lean weight Average Dress Hi Dress Low Dress
Breakers 8 75-80% 1200-1600 46.00-48.00 43.00-45.50
Boners 36 80-85% 1200-1500 46.00-48.00 48.00-50.00 43.50-47.00
Lean 52 85%-90% 1000-1350 44.50-45.75 41.75-44.50
Light 10 85%-90% 750-1000 36.50-40.00

USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE
Cutter 90%
350#/up
——————————————————————————–
Current-Cutout Value: $109.04
Change from prior day: $1.24
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West Plains- Ozarks Regional Stockyard
Feeder Cattle Auction Report for 06/23/2009
Receipts: 3500 Last Week: 4465 Year Ago: 4027
Compared to last week prices uneven, steer and heifer calves sold 2.00-4.00
lower, while yearlings were 1.00-3.00 higher. Supply moderate. Demand unevenly
moderate to good, best on heavier weaned calves and about any yearling. Both
the heat blast and extreme heat index the main culprit for the sudden back-slide
in calf market this week, with early reports of heat stress related losses
already taking a toll, even holding some buyers back awaiting a temperature
break.
Feeder Steers: Medium and Large 1 pkg 373 lbs 120.00; few 435-455 lbs
104.00-110.00, pkg fleshy 100.00; 500-600 lbs 98.50-107.00; 600-700 lbs 96.00-
101.00, lot weaned 665 lbs 105.00; 700-800 lbs 95.50-99.75; load and part 821
lbs 95.60, pkg fleshy 820 lbs 93.50; short-load 911 lbs 90.50. Medium and Large
1-2 300-400 lbs 107.50-118.00; 450-500 lbs 100.00-108.00; 500-600 lbs 98.00-
105.00; 600-700 lbs 99.00-100.50; 700-800 lbs 93.00-98.00; 800-900 lbs 91.80-
95.25, fleshy 89.50-90.50; pot-load 950 lbs 88.75.
Feeder Heifers: Medium and Large 1 few 380-400 lbs 87.50-98.00; 400-500 lbs
90.50-102.00; 500-600 lbs 90.00-96.00, draft 77 head blks 538 lbs 97.25; 600-700
lbs 91.50-95.00; 700-800 lbs 92.00-93.75. Medium and Large 1-2 pkg 261 lbs
105.00; 400-500 lbs 92.00-101.00; 500-600 lbs 90.00-93.00; 600-700 lbs 88.00-
93.75; 700-800 lbs 89.50-92.00; lot 850 lbs 88.25.

CME Future Closes for Feeder Cattle
Month Close Change Month Close Change
Aug 98.95 – .75 Nov 98.55 – 1.15
Sep 98.55 – 1.22 Jan 98.00 – .60
Oct 98.52 – 1.02 Mar 96.60 – .90

HOGS

Direct Trade: Carcass 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 were .06 hgr with prices ranging from 46.00-
59.25, weighted average price 56.78. Iowa-Minnesota was .10 hgr at 49.00-
59.25, weighted average price 57.64. Western Cornbelt sold .06 lwr at 46.00-
59.25, weighted average price 57.63 and Eastern Cornbelt was .31 lwr at 47.50-
58.50, weighted average price 55.04.

Live Basis (240-280 lbs): National direct barrows and gilts were .69 hgr at
37.47-47.00, weighted average price 44.95. Iowa-Minnesota was .27 hgr at
41.81-46.00, weighted average 45.32. Western Cornbelt was .27 hgr at 37.75-
46.00 weighted average price 45.24. Eastern Cornbelt was 2.03 hgr at 37.47-
47.00, weighted average price 44.08.

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
———————————————————————–
06/24 106.8 53.44 69.00 68.17 35.58 114.97 32.02 63.29
Change : -1.19 -2.24 -1.34 -0.78 1.33 -2.00 0.07
———————————————————————–

HOG Slaughter under Federal Inspection
Wednesday(est) 412,000
Week ago (est) 404,000
Year ago (act) 414,000
Week to date (est) 1,225,000
Same Period Last Week (est) 1,228,000
Same Period Last Year (act) 1,263,000

CME Futures Closes for Lean Hogs:
Month Close Change Month Close Change
Jul 57.30 – 2.82 Dec 57.45 – .35
Aug 58.82 – 1.62 Feb 63.70 – .12
Oct 55.85 – .60 Apr 69.60 + .70

SHEEP

Producers Livestock Auction Co, San Angelo, Texas
Estimated Receipts: 10,000 Last Week: 7955 Last Year: 10,295
Compared to last week heavy slaughter lambs not well tested; light
slaughter lambs 5.00-10.00 lower. Slaughter ewes firm to 2.00 higher.
Feeder lambs 5.00-8.00 lower. Trading and demand moderate. Supply included 10
percent slaughter lambs, 25 percent slaughter ewes, 15 percent feeder lambs,
balance goats. All sheep and goats sold per hundred weight (CWT) unless
otherwise specified.
SLAUGHTER LAMBS:
Choice 2-3 shorn and wooled 90-130 lbs 90.00-96.00.
Good and Choice 1-2 40-60 lbs 90.00-105.00, set 115.00; 60-90 lbs
85.00-100.00. hair lambs 40-60 lbs 80.00-95.00; 60-90 lbs 90.00-100.00.
SLAUGHTER EWES:
Good 2-3 30.00-36.50; Utility and Good 1-3 35.00-44.50; Utility 1-2
25.00-35.00; Cull and Utility 1-2 20.00-25.00; Cull 1 10.00-20.00.
FEEDER LAMBS:
Medium and Large 1-2 50-90 lbs 100.00-110.00.
Medium and Large 2 40-85 lbs 90.00-100.00.

NATIONAL DAILY LAMB CARCASS REPORT

DAILY CHOICE AND PRIME, YG 1-4 Head 1,595
Weight Head Wt Avg
45-DN 19 319.79
45-55# 22 288.39
55-65# 492 231.84
65-75# 315 227.90
75-85# 342 223.01
85-UP 405 209.09

SHEEP Slaughter under Federal Inspection
Wednesday est) 9,000
Week ago (est) 9,000
Year ago (act) 9,000
Week to Date (est) 23,000
Same Period Last Week (est) 26,000
Same Period Last Year (act) 25,000

Goats

Producers Livestock Auction Co, San Angelo, Texas. GOATS: Nannies firm to 3.00
higher; kids weak. Estimated 50 percent of receipts: All sold per hundred
weight (CWT) unless otherwise specified.
SLAUGHTER CLASSES:
KIDS: Selection 1 40-60 lbs 105.00-115.00; 60-80 lbs 108.00-115.00,
set 118.00; set 89 lbs 119.00.
Selection 1-2 25-40 lbs 95.00-105.00; 40-60 lbs 95.00-105.00; 60-100 lbs
100.00-105.00.
Selection 2 25-40 lbs 80.00-95.00; 40-80 lbs 90.00-100.00.
DOES/NANNIES: Selection 1-2 80-130 lbs 43.00-53.00, few 53.00-57.00;
130-170 lbs 40.00-50.00; thin 70-115 lbs 30.00-45.00.

Ag Market News, Amarillo, TX