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Amarillo, TX — Here is the daily livestock summary for Thursday, November 19, 2009, as reported by the USDA.

In the direct slaughter cattle trade in the Five Major Marketing Areas,
Texas/Oklahoma; Kansas; Nebraska; Colorado; Iowa/Minnesota; Thus far Thursday,
negotiated cash trading was limited in the Southern Plains. Trading was slow on
light demand in Nebraska and the Western Cornbelt and inactive in Colorado. Not
enough sales to establish an adequate market trend. On Wednesday live sales
sold at 84.00 in the Texas Panhandle. Live sale sold at 83.00 in Kansas. In
Nebraska live sales sold from 82.00 to 84.00 and dressed sales sold at 130.00.
In Colorado live sales sold at 83.50. In the Western Cornbelt live sales sold
from 80.00 to 82.00 and dressed sales at 130.00.
Steers: Live basis; (all Grades: 2,006 head) 81.00-84.00, weighted average
price 82.98. Dressed basis; (all Grades: 985 head) 130.00-132.00, weighted
average price 130.16. Heifers: live basis; (all Grades: 1,495 head) 81.00-
84.00, weighted average 82.06. Dressed Basis; (all Grades: 825 head) 130.00,
weighted average 130.00.

Auction markets:

Tama, IA Slaughter Cattle Auction Receipts: 1353
Compared to last week: Choice steers and heifers steady to .50 higher.
Slaughter Steers Choice 2-4 1175-1500 lbs 81.00-85.25. Select and Choice 2-3
1100-1300 lbs 78.25-82.75.
Slaughter Heifers Choice 2-4 1150-1400 lbs 81.00-84.25. Select and Choice 2-
3 1030-1400 lbs 79.00-83.00.

Sioux Falls Regional Slaughter – Worthing, SD Receipts: Receipts: 1147
Last week: 1876
Compared to last week’s larger supply slaughter steers and heifers
steady. Holstein steers 1.00 lower on a light test. Several drafts
went to the country for future contracts.
Slaughter Steers: Choice 2-3 1140-1490 lbs 79.00-81.50. Choice
2-4 load 1481 lbs 79.25. Choice 3-4 1510-1598 lbs 77.50-78.60.
Returning to the Country for contracts 1155-1335 lbs 79.00-81.10.
Select and Choice 2-3 pkg 1370 lbs 79.00.
Slaughter Heifers: Choice 2-3 1110-1385 lbs 79.00-81.30. Choice
2-4 pkg 1180 lbs 78.75. Select and Choice 2-3 pkg 1230 lbs 78.25.

USDA ESTIMATED BOXED BEEF CUT-OUT VALUES
CHOICE SELECT
600-900 600-900
——————————————————————————–
Current Cutout Values: 139.61 132.07
Change from prior day: (1.14) (0.05)
——————————————————————————–
Choice/Select spread: 7.53

Total Load Count (Cuts, Trimmings, Grinds): 303
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CATTLE Slaughter under Federal Inspection
Thursday (est) 120,000
Week ago (est) 124,000
Year ago (act) 127,000
Week to date (est) 489,000
Same Period Last Week (est) 477,000
Same Period Last Year (act) 491,000

CME Futures Closes for Live Cattle:
Month Close Change Month Close Change
Dec 83.67 + .60 Jun 84.87 + .07
Feb 85.37 + .40 Aug 85.30 + .17
Apr 87.87 + 00 Oct 88.17 + .07

El Reno, OK Slaughter cows 4.00-6.00 higher. Packer demand moderate to
good. Total of 460 cows and bulls sold with 90 percent going to packers.
Head %Lean Weight Average Dress High Dress Low Dress
Breakers 61 75-80% 1110-1940 42.50-46.00 42.75 39.00-42.00
Boners 3 80-85% 1165-1475 40.00-41.50 48.00 —–
Lean 55 85-90% 995-1325 36.00-40.00 41.00-45.50 33.50-38.00
Lights 18 85-90% 825-1010 26.00-30.00 30.00-33.00 22.00-26.50
Very Low 20.00-23.50

USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE
Cutter 90%
350#/up
——————————————————————————–
Current-Cutout Value: $100.32
Change from prior day: $0.60
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El Reno Livestock Market, El Reno, OK on Wednesday
Actual Receipts: 5519 Last Week: 9014 Last Year: 6652
Compared to last week: Feeder steers and heifers steady on a light test.
Demand moderate to good for feeder cattle. Steer and heifer
calves 2.00-4.00 higher. Demand good for calves. Quality plain to
attractive. Supply consisted of 54 percent over 600 lbs; 44 percent heifers.
Feeder Steers: Medium and Large 1: Calves 300-400 lbs 126.00-130.00;
400-450 lbs 119.00-127.00, 443 lbs fleshy 112.00; 450-500 lbs 115.00-119.00;
500-530 lbs 108.00-116.00, 550-600 lbs fleshy 96.50-105.00; 600-650 lbs
95.00-99.00; 650-680 lbs 85.00-93.00; 700-800 lbs 83.00-93.75; 800-850 lbs
91.00-91.80; Yearlings pkg 739 lbs 94.25; 750-800 lbs 92.75-93.75; 800-840
lbs 91.00-94.80.
Medium and Large 1-2: Calves pkg 397 lbs 120.00; 400-500 lbs 115.00-
125.00; 500-550 lbs 100.00-102.00; 550-600 lbs 91.00-99.00; 600-700 lbs
86.00-97.00; pkg 712 lbs 84.00; Yearlings 680-700 lbs 90.00-93.60; 700-800
lbs 91.50-95.50; 800-900 lbs 87.75-90.50.
Feeder Heifers: Medium and Large 1: Calves 300-400 lbs 96.00-101.00;
400-500 lbs 94.00-103.00, 500-600 lbs 85.00-92.00; 600-640 lbs 79.00-88.00;
665-690 lbs 75.00-84.75; 720-750 lbs 78.00-80.50; Yearlings pkg 744 lbs
85.75.
Medium and Large 1-2: Calves 440-500 lbs 88.00-95.00; 500-550 lbs 85.00-
90.00, 600-700 lbs 82.50-83.50; Yearlings 600-700 lbs 76.50-86.00; 700-800
lbs 80.00-86.50; 800-900 lbs 81.00-83.60.

CME Future Closes for Feeder Cattle
Month Close Change Month Close Change
Nov 93.02 + .07 Apr 94.00 – .02
Jan 91.82 + .10 May 95.00 – .10
Mar 92.85 – .07 Aug 97.00 – .25

HOGS
Direct trade:
Dressed 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 .22 lwr with prices ranging from 43.50-53.00, weighted average
price 50.38. Iowa-Minnesota .06 hgr at 43.50-53.00, weighted average price
50.68. Western Cornbelt .04 lwr at 43.50-53.00, weighted average price 50.71
and the Eastern Cornbelt .45 lwr at 45.00-52.50, weighted average price 49.76.

Live Basis (240-280 lbs): National direct barrows and gilts .15 lwr at 34.00-
41.00, weighted average 38.72. Iowa-Minnesota .90 lwr at 34.00-40.25, weighted
average 37.04. Western Cornbelt .41 lwr at 34.00-40.25, weighted average
37.45. Eastern Cornbelt .50 lwr at 36.00-41.00, weighted average 39.82.

USDA ESTIMATED PORK CARCASS CUTOUT
Calculations for a 200 lb Pork Carcass
53-54% lean, 0.65″-0.80″ backfat at last rib
———————————————————————–
` Today’s Primal Cutout Values
Date Loads Carcass Loin Butt Pic Rib Ham Belly
———————————————————————–
11/19 80.75 56.94 63.90 62.59 44.62 87.64 48.34 70.79
Change : 0.15 0.03 0.70 -0.49 -1.38 -0.66 2.11
———————————————————————–

HOG Slaughter under Federal Inspection
Thursday (est) 435,000
Week ago (est) 429,000
Year ago (act) 438,000
Week to date (est) 1,732,000
Same Period Last Week (est) 1,692,000
Same Period Last Year (act) 1,744,000

CME Futures Closes for Lean Hogs:
Month Close Change Month Close Change
Dec 55.97 – .47 May 72.32 – .17
Feb 63.27 – .95 Jun 75.92 – .20
Apr 67.35 – .50 Jul 75.25 – .10

SHEEP
Auction Markets:

Centennial Livestock Auction – Ft. Collins, CO
Receipts: 697 Last week: 676 Year Ago: 1120
Compared last week: slaughter lambs steady to 3.00 higher. Slaughter ewes
4.00 to 5.00 higher. Feeder lambs had no test. Demand good to very good. The
supply was comprised of 26 percent slaughter lambs and 74 percent slaughter ewes
and bucks. All sheep and lambs sold on a per cwt basis unless noted.

Slaughter Lambs: Shorn: Choice 2-3 100-110 lbs 117.00-120.00; 114 lb 109.00.
Wooled: Choice 2-3 88 lb hair sheep 119.00-121.00; 90-100 lbs 119.00-123.00;
111 lb 115.00; 130-150 lbs 89.00-94.00.
Good and Choice 1-2 80-90 lbs 116.00-122.50; 87 lb hair sheep 112.00; 90-105
lbs 110.00-118.00; 97 lb hair sheep 111.00-114.00.
Good 1 60 lb 120.00; 70-80 lbs 110.00-120.00; 80-85 lbs 112.00; 107 lb
106.00.
Utility and Good 1 52 lb 121.00.
Utility 1 44 lb hair sheep 115.00.

NATIONAL DAILY LAMB CARCASS REPORT
*Today’s trades not reportable because they did not meet the
3/70/20 guideline for carcass lambs. Below is the last
reported market as of 11/18/2009.*

DAILY CHOICE AND PRIME, YG 1-4 Head
Weight Head Wt Avg
45-DN * 259.78
45-55# * 245.75
55-65# * 217.93
65-75# * 197.79
75-85# * 195.36
85-UP * 188.73

SHEEP Slaughter under Federal Inspection
Thursday (est) 10,000
Week ago (est) 10,000
Year ago (act) 10,000
Week to date (est) 39,000
Same Period Last Week (est) 41,000
Same Period Last Year (act) 37,000

GOATS
Auction Markets:

Centennial Livestock Auction – Ft. Collins, CO
Goat Receipts: 846 Last Week: 444 Year Ago: 494
Compared last week: kids 10.00 to 15.00 higher. Nannies and does steady to
5.00 higher. Bucks and billies steady. Demand good to very good. Trade
activity moderate to active. The Slaughter/Feeder supply was 70 percent were
kids, 28 percent nannies, 2 percent billies. All goats sold on a per head basis
unless noted.
Slaughter/Feeder Kids: Selection 1 49 lb 63.00; 55-60 lbs 71.00-76.00; 60-70
lbs 78.00-88.00; 70-80 lbs 87.00-99.00; 80-90 lbs 95.00-102.00; 93 lb 111.00;
100-115 lbs 115.00.
Selection 2 45-50 lbs 54.00-63.00; 50-60 lbs 66.00-68.00; 60-65 lbs 74.00-
77.00; 70-80 lbs 76.00-83.00; 80-85 lbs 90.00-91.00; 93 lb 98.00.
Selection 3 40-50 lbs 43.00-55.00; 50-55 lbs 58.00-67.00; 70-75 lbs 65.00-
69.00; 81 lb 77.00; 94 lb 73.00.

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