Powered by The Oklahoman MainStreetOK.com Panhandle

Amarillo, TX — Here is the daily livestock summary for Monday, June 29, 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: Not enough sales
for an adequate market trend. Steers: Live Basis: (all grades 36 head) 80.00.
Dressed Basis; (all grades 0 head). Heifers: Live Basis: (all grades 0 head).
Dressed Basis; (all grades 0 head).

Auction markets: Not tested.

USDA ESTIMATED BOXED BEEF CUT-OUT VALUES
CHOICE SELECT
600-900 600-900
——————————————————————————–
Current Cutout Values: 139.53 133.15
Change from prior day: 0.60 0.85
——————————————————————————–
Choice/Select spread: 6.38

Total Load Count (Cuts, Trimmings, Grinds): 250
——————————————————————————–

CATTLE Slaughter under Federal Inspection
Monday (est) 130,000
Week ago (est) 129,000
Year ago (act) 129,000

CME Futures Closes for Live Cattle:
Month Close Change Month Close Change
Jun 84.62 + 2.15 Dec 90.25 + 1.57
Aug 85.40 + 3.00 Feb 90.05 + 1.25
Oct 90.40 + 2.32 Apr 91.30 + 1.30

Torrington Livestock Commission Co. – Torrington, WY – Close on Friday
Compared to last week: Slaughter Cows 4.00-6.00 higher.
Slaughter Cows:
Pct Lean Weight Avg Dressing High Dressing Low Dressing
Breakers 75-80 1250-1650 53.00-57.00 58.00-58.50
Boners 80-85 975-1450 48.50-54.50 55.00-60.25 46.00-48.00
Lean 85-90 850-1350 44.50-49.50 50.00-52.50 41.00-44.50

USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE
Cutter 90%
350#/up
——————————————————————————–
Current-Cutout Value: $109.07
Change from prior day: ($0.44)
——————————————————————————–

Oklahoma National Stockyards – Midsession on Monday
Estimated Receipts: 11,500 Last Monday: 9523 Year Ago Monday: 6930
Compared to last week: Feeder steers and heifers steady to 2.00 higher.
Steer and heifer calves steady to 2.00 higher on a light test.
Feeder Steers Medium and Large 1: 400-500 lbs 113.00-114.50; 500-550 lbs
106.00-113.00; 550-600 lbs 104.50-107.50; 600-650 lb calves 96.00-102.00; 600-
700 lbs 104.00-106.75; 700-750 lbs 100.00-104.00; 750-800 lbs 96.50-100.75; 800-
900 lbs 95.75-99.25; 900-1000 lbs 89.75-94.75.Medium and Large 1-2: 500-600 lbs
104.00-108.75; 600-700 lbs 100.00-102.00; 700-800 lbs 96.50-102.00; 800-900 lbs
92.50-99.75.
Feeder Heifers Medium and Large 1: 350-400 lbs 101.50-102.00;lot 485 lbs
95.50; 500-600 lbs 92.50-103.75; 600-700 lbs 94.25-100.75; 700-750 lbs 93.75-
97.50; 750-800 lbs 92.75-94.00; 800-900 lbs 84.50-92.75. Medium and Large 1-2:
500-600 lbs 100.25-102.75; 600-700 lbs 95.00-99.75; 700-800 lbs 92.50-94.25.

CME Future Closes for Feeder Cattle
Month Close Change Month Close Change
Aug 101.72 + 2.75 Nov 101.35 + 2.40
Sep 101.70 + 2.72 Jan 100.20 + 2.20
Oct 101.32 + 2.75 Mar 99.30 + 2.30

HOGS
Direct Trade:
The direct hog trade prices are 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 .09 lower at 46.00-59.00, weighted average price
56.00. Iowa-Minnesota .23 higher at 54.00-59.00, weighted average price 57.27.
Western Cornbelt .01 higher at 46.00-59.00, weighted average price 57.29 and
Eastern Cornbelt .73 lower at 47.00-56.08, weighted average price 54.41.

Live Basis (240-280 lbs): National direct trade barrows and gilts .42 lower
at 38.54-46.50, weighted average 43.27. Iowa-Minnesota .65 lower at 40.26-
45.50, weighted average 42.88. Western Cornbelt .32 higher at 39.43-46.50,
weighted average 43.83. Eastern Cornbelt 1.80 lower at 38.54-44.71, weighted
average 42.03.

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
———————————————————————–
06/29 54.4 55.77 75.00 68.72 37.45 105.79 36.01 63.29
Change : 0.49 2.66 -0.27 0.60 -9.78 0.87 unc
———————————————————————–

HOG Slaughter under Federal Inspection
Monday (est) 408,000
Week ago (est) 401,000
Year ago (act) 425,000

CME Futures Closes for Lean Hogs:
Month Close Change Month Close Change
Jul 58.02 + 1.32 Dec 55.32 – .52
Aug 58.62 + .92 Feb 61.25 – .50
Oct 55.10 + .32 Apr 66.47 – 1.12

SHEEP
Auction Markets:
Sioux Falls Sheep & Goat Auction- Sioux Falls, SD
Receipts: 719 Last Week: 554 Year Ago: 1033
Compared to last week: slaughter lambs sold mostly 4.00 to 5.00 lower,
instances 6.00 lower.
Shorn Slaughter Lambs: Choice and Prime 2-3 127 lbs 108.00.

Mills County Commission Co – Goldthwaite, TX – Friday – 06/26/09
Sheep and Goats: 3,270 Week Ago: 2,272 Year Ago: 2,249
Compared to last week: Slaughter lambs steady.
Slaughter Lambs: Prime: few 92.00. Good and Choice 1-3: 40-85 lbs 84.00-
94.00. Good: 40-85 lbs 80.00-85.00.

NATIONAL DAILY LAMB CARCASS REPORT

DAILY CHOICE AND PRIME, YG 1-4 Head 4,062

Weight Head Wt Avg
45-DN 26 292.13
45-55# 91 242.24
55-65# 654 231.95
65-75# 1,230 223.50
75-85# 1,200 218.16
85-UP 861 207.99

SHEEP Slaughter under Federal Inspection
Monday (est) 8,000
Week ago (est) 8,000
Year ago (act) 10,000

GOATS
Auction Markets:
Mills County Commission Co – Goldthwaite, TX – Friday – 06/26/09
Sheep and Goats: 3,270 Week Ago: 2,272 Year Ago: 2,249
Compared to last week: Slaughter goats 3.00-5.00 lower.
Slaughter Classes: Kids: Selection 1: 45-60 lbs 100.00-114.00, 60-80 lbs
104.00-113.00. Selection 2: 45-60 lbs 88.00-100.00.

Montgomery, AL Mon Jun 29, 2009
Slaughter Kids: Selection 1 40-60 lbs 52.50-57.50; 60-80 lbs
62.50-67.50; 80-100 lbs 77.50. Selection 2 20-40 lbs 32.50-37.50; 40-60 lbs
40.00-47.50; 60-80 lbs 55.00-60.00. Selection 3 20-40 lbs 27.50; 40-60
lbs 20.00-37.50.

Source: USDA-TX Dept of Ag Market News, Amarillo, TX