A26-Lancaster Farming, Saturday, August 10, 2002
National Carlot
Meat Report
Des Moines, IA
Aug. 6,2002
Report Supplied By USDA
USDA Market News USDA Carlo!
Meat 4:00 Summary: Compared to Previ
ous Day, Prices in Dollars per hundred
weight, Equated to FOB Omaha Basis.
BOXED BEEF CUTS: Boxed beef gen
erally steady on moderate demand and
offerings. Select and Choice rib, chuck,
round, and loin generally steady. Beef
trimmings generally steady on light to
moderate demand and offerings.
Estimated composite cutout value of
Choice 1-3,600-750 lbs carcasses up .01 at
108.60, 750-900 lbs up .25 at 107.67; Se
lect 1-3, 600-750 lbs up .06 at 103.07,
750-900 lbs down .15 at 102.73; based on
157.56 loads of Choice cuts, 157.44 loads
of Select cuts, 27.50 loads of trimmings,
and 76.57 loads of coarse ground trim
mings.
Estimated carcass price equivalent
value of Choice 1-3,600-750 lbs up .02 at
97.79, 750-900 lbs up .19 at 97.13; Select
1-3, 600-750 lbs up .04 at 91.54, 750-900
lbs down .10 at 91.31. Current index re
flects the equivalent of 349,244 head of
cattle.
NATIONAL CARLOT BEEF: The
Cutter cow carcass gross cutout value was
estimated at 83.08, unchanged.
By-Product Drop Value; Hide and offal
from a typical slaughter steer was esti
mated at 7.54, down .02.
NATIONAL CARLOT PORK Sales re
ported on 69.25 loads of pork cuts and
16.0 loads of trim/process pork. Com
pared to Monday’s close: Fresh 'A” trim
loins generally steady; butts steady to
weak; sknd. hams steady to 2.00 lower;
sdls. bellies 2.00-4.00 lower; lean trim
mings generally steady.
Trading slow, with mostly light de
mand and light to moderate offerings.
Calculations for a 185 lb Pork Carcass
51-52 percent lean 0.80” -0.99” back fat at
last rib 53.81, down .72. Loins bone in
fresh '/< inch trim 21lb/down/light
107.00- Hams bone in trimmed,
17-20 lbs trim spec 1 41.00; 20-23 lbs trim
spec 1 41.00-43.50. Seedless bellies 12-14
lbs 55.00; 14-16 lbs 62.00-64.25.
NATIONAL CARLOT LAMB: 5,635
head reported. 40-45 lbs 159.00-162.00;
45-50 lbs 159.00-164.00; 50-55 lbs
159.00- 55-60 lbs 160.00-164.00;
60-65 lbs 160.00-164.00; 65-75 lbs 160.00
-164 00; 75-85 lbs 157.00-164.00; 85-up lbs
162.00-
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Midwest Daily
Livestock Summary
Amarillo, Texas
August 6,2002
Report Supplied By USDA
The direct slaughter cattle trade in the
five major marketing areas on Tuesday
was not fully established. STEERS: LIVE
SALES: over 80% Choice 62.00; DRESS
ED SALES; over 80% Choice 99.50.
HEIFERS: LIVE SALES- over 80%
Choice 62.25-62.75, weighted average
62.41; 65-80% Choice 63.00. DRESSED:
no sales reported
Terminal markets; So. St. Paul slaugh
ter steers and heifers sold steady to 1.00
higher. Steers; Choice 2-4 1200-1435 lbs
62.00-63.40. Heifers: Choice 2-3
1190-1320 lbs 61.75-62.70.
Cattle slaughter under federal inspec
tion on Tuesday was estimated at 132,000
head compared to 132,000 a week ago
and 128,000 a year ago. Week to date
262,000 head compared to 265,000 a week
ago and 255,000 a year ago.
CME Futures Closes for Live Cattle:
August 64.75, up 42; October 68.02, up
102; December 69.30, up 67.
Slaughter cows at South St. Paul sold
steady to 1.00 higher. Premium White
70-75% lean 42.00-45.00. Breakers
70-80% lean over 1100 lbs 41.00-43.50,
high dressing 44.00-45.00. Boners 80-85%
lean over 1050 lbs 38.00-43.00, high dress
ing 43.00-43.75. Lean 85-90% lean
35.00- high dressing 39.00-41.50.
Barrows and gilts at terminal markets
sold 1.00-2.00 lower. 47-50% lean 220-270
lbs barrows and gilts sold from
33.50-35.00. The direct 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 di
rect trade closed 1.00 lower; price range
40.75-53.38, with average price of 48.46.
lowa-So. Minnesota direct trade was
1.00- lower; price range 40.75-53.38
with average price of 48.91. The Western
Combelt was 1.00-1.25 lower with a price
range of 40.75-53.38, average price 48.85.
The Eastern Combelt trend was 1.00
lower, prices ranging 40.75-52.03 with an
average price of 47.69.
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Hog slaughter under federal inspection
on Tuesday was estimated at 366,000
head compared to 363,000 a week ago
and 353,000 a year ago. Week to date
681.000 head compared to 726,000 a week
ago and 649,000 a year ago.
CME Futures Closes for Lean Hogs:
August 48.65, up 15; October 38.47, up
22; December 38.25, up 47.
Slaughter lambs were steady on Tues
day at So. St. Paul. New Crop: Wooled,
Choice, end Prime 2-3 110-120 lbs
75.00-80.00; 120-140 lbs 80.00-82.00.
Sheep and lamb slaughter under feder
al inspection on Tuesday was estimated at
12.000 head compared to 11,000 a week
ago and 11,000 a year ago. Week to date
24.000 head compared to 23,000 a week
ago and 21,000 a year ago.
National Feeder Cattle
Weekly Review
St. Joseph, Mo.
Aug. 3,2002
Report Supplied By USDA
NATIONAL FEEDER & STOCKER
Summary for week ending Aug. 2.
TOTAL RECEIPTS: 238,500; last week
453,500. Auctions: 168,100; last week
175,100. Direct: 70,200; last week 84,400.
Video/Intemet: 200; last week 194,300.
This week’s reported auction volume in
cluded 40 percent over 600 lbs and 44 per
cent heifers.
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Compared to last week, feeder steers
and heifers sold steady 2.00 dollars higher
according to USDA Livestock and Grain
Market News. This makes 5 consecutive
weeks that the majority of the reported
sales were higher. The price spread on
yearlings and short yearlings has narrow
ed. Many places there is only a 6.00 per
hundred weight difference between 600
and 950 steers.
Feedlots are aggressively attempting to
keep a high pen occupancy rate for most
efficient operations. This is difficult due
to short supplies as placement numbers
continue to run fifteen to twenty percent
below a year ago according to the past
few Cattle on Feed Reports. Cattle feed
ers are putting out more money to obtain
starting materials and other costs are also
soaring. During this period yearling
prices are up 3.00 to 4.00 dollars and com
prices have jumped around .25 cents per
bushel. December futures closed today at
68.75 leaving very little hedging margin.
Drought conditions continue to become
more severe and wide spread. Our econo
my is not a ball of fire as each week sees
more big companies filing Chapter 11
bankruptcy. Year to date beef production
is up four percent from a year ago due
primarily to heavy carcass weights. Fin
ished cattle held steady this week at 63.00
dollars live and 99.00 dollars in the beef,
but cutouts were lower late in the week. A
year ago slaughter cattle were quoted at
70.00.
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Eastern Combelt Direct
Sheep Weekly Summary
Springfield, 111.
August 2,2002
Report Supplied By USDA
Eastern Combelt Direct Sheep Weekly
Report (includes lambs sold in IL., IN.,
OH., MI.) Compared to last week
slaughter lambs were steady. Slaughter
ewes were weak to 2.00 lower. Slaughter
goats were steady. Demand for lambs was
moderate. A large number of fair lambs
were marketed this week. Carcass lamb
prices were steady to firm. Confirmed
sales this week about 77% slaughter
lambs, and 23% slaughter ewes, with an
additional 597 head of goats. Total sheep
and lambs sales: 1400 Last week: 1400
Last year: 2300.
SLAUGHTER LAMBS: Choice 2-3
new crop 115-135 lbs 75.00-78.00; 90-115
lbs 65.00-70.00 with fair lambs
62.00-65.00.60-80 lbs 70.00-74.50.
SLAUGHTER EWES: Cull to Utility
18.00- Utility 20.00-22.00.
SLAUGHTER GOATS (cwt.): Kids:
Selection 2; 20-40 lbs 90.00-104.00; 40-60
lbs 90.00-93.00. Selection 3: 20-60 lbs
50.00- Yearlings: Selection 2: 70-90
lbs 60.00-62.00. Does/Nannies and
Bucks/Billies: Selection 2-3: 80-125 lbs
45.00- few 35.00.
This report covers sheep and lambs
sold direct off the farm through local
country stations.
Note: receipts do not cover total move
ment in the area.
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