National Carlot
Meat Report
l)es Moines, IA
December 23. 2002
Report Supplied By USDA
USDA Market News USDA Carlo!
Meat 4 00 Summary Compared to Previ
ous Day, Prices m Dollars per hundred
weight, Fquated to FOB Omaha Basis
BOXED BEFF CUTS Boxed beef cut
out values generally steady on light de
mand and light to moderate offerings Se
lect and Choice chuck, round, and loin
cuts steady to firm, while rib cuts lower
Beef trimmings firm on moderate de
mand and light to moderate offerings.
Estimated composite cutout value of
Choice 1-3, 600-750 lbs carcasses up 15 at
122 40, 750-900 lbs dn .07 at 120 76, Se
lect 1-3, 600-750 lbs uo 36 at 118.39,
750-900 lbs up 22 at 117 54, based on
102.23 loads of Choice cuts, 69 23 loads of
Select cuts, 37 73 loads of trimmings, and
67.86 loads of coarse ground trimmings.
Estimated carcass price equivalent
value of Choice 1-3, 600-750 lbs up 33 at
111.17, 750-900 lbs up 16 at 109.96: Se
lect 1-3, 600-750 lbs up 59 at 105 22,
750-900 lbs up 50 at 104.66.
Current index reflects the equivalent of
246,514 head of cattle.
NATIONAL CARLOT BEEF- The
Cutter cow carcass gross cutout value was
estimated at 82 76, up 1.22
By-Product Drop Value Hide and offal
from a typical slaughter steer was esti
mated at 7.81, unchanged
NATIONAL CARLOT PORK. Sales
reported on 68 5 loads of pork tuts and
11.0 loads of tnm/process pork.
/-In the absence of Negotiated Base
Price (NBP) trades and industry partici
pation, NBP price quotations will be re
moved from the National Carlot Pork Re
port, January 6, 2003 This will result in
the Negotiated Base Price, the FOB Nego
tiated, and the Total on FOB Basis price
being replaced by one line with the item
description followed by the price quotes
which represents negotiated prices on a
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FOB basis However, NBP's will remain
for Fresh, Seedless Pork Bellies, Skin-on
12-18 lbs until March 28, 2003 at which
time they will be permanently removed
Compared to Friday's close' Fresh 'A"
trim loins not tested, butts weak to 5 00
lower, sknd hams generally steady, sdls
bellies 3 00-4 00 higher, lean trimmings
unevenly steady Trading slow to moder
ate, with light to moderate demand and
offerings
Calculations for a 185 lb Pork Carcass
51-52 percent lean 0 80" -0 99” back fat
at last rib 52.34 up 56. Hams bone m
trimmed, 17-20 lbs trim spec 1 44 00,
20-23 lbs trim spec 1 40.00-42 00; seedless
bellies 12-14 lbs 80.00; 14-16 lbs 81.00;
16-18 lbs 80.00.
CARLOT LAMB CARCASS 931 head
reported 45-50 lb 167 00-175 00; 50-55 Lb
165.00- 55-60 lb 165.00-167.00;
60-65 lb 165 00-167.00: 65-75 lb
165.00- 75-85 lb 165.00-167 00
National Feeder Cattle
Weekly Review
St. Joseph, Mo.
December 20, 2002
Report Supplied By USDA
NATIONAL FEEDER & STOCKER
Summary for week ending Dec. 20, 2002.
Total Receipts: 345,900, last week
430,400 Direct 53,500; last week 62,300.
Vidco/Internct 500, last week 33,800
Auctions 291.900, last week 334,300. This
weeks reported auction volume included
38 percent over 600 lbs and 43 percent
heifers
Compared to last week, feeder steers
and heifers sold steady to 2.00 lower. Calf
prices were uneven; Southeastern markets
closed mostly
lower in vola-
tile cleanup
trading but
some areas re-
ported an in
crease m de-
ni a n d for
lightweights,
especially m
the mountain states on reputation strings
Trading activity was much slower this
week on lighter receipts as we approach a
virtual shutdown in livestock marketing
for the Christmas and New Years Holi
days Most auction markets will be closed
for two full weeks, including the Oklaho
ma National Stockyards and all of the
major salebarns m the Southeast How
ever, many markets in the Midwest arc
advertising special sales around New
Years Day Joplin Regional Stockyards is
holding another Wean-Vac Special on
January 2nd. Direct trading will most
definitely be slow until business gets back
to normal in 2003. Although most trade
members remain bullish on the fat cattle
market, feedlots have lost 2.00 over the
last few weeks Many feeders refused to
accept the 71.00-72.00 bids this week and
opted to hold out until after the holidays
But, some sellers were under pressure
from limited pen space or heavyweight
cattle and were forced to closeout this
week
The CMF Live Cattle Futures made a
respectable rebound late this past week
with spot December contracts ending the
week at 75.10. February settled at 78.97
but may not be able to hold that level next
week, since Fridays cattle-on-feed report
was bearish. On-feed numbers were only
92 percent of last years, but they were
slightly higher than the all important av
erage analyst guess Marketings were less
than expected at 98 percent of a year ago,
but the most surprising figure came from
November placements. Cattle put on feed
last month totaled 5 percent more than
last year and far above predictions. This
blindsided market watchers, considering
the tight yearling supplies over the last
couple of months However, there is plen
ty of bullish data to offset this report and
most cattle producers and feeders are see-
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All of us here at the U.SDA 1 ivcstock
and Grain Market News Service certainly
wish all of you a Merrv Christmas and a
Happy New Year
EASTERN CORN BELT DIRFCT
DAILY HOGS, for Monday, Dec. 23 as of
L3O p m
CURRENT VOLUMF TODAY Pro
ducer Sold: Negotiated Actual 16,539,
Other Market Formula. 5,054; Swine or
Pork Market Formula' 37,590, Other Pur
chase Arrangement. 21,315; Packer Sold
(All purchase types): Actual today: 477
NEGOTIATED PURCHASES (In
cluding packer sold); BARROWS AND
GILTS 11,994 head Compared to prior
day’s close, uneven, mostly steady. Base
Market Hog, 185 lb Carcass Basis, Plant
Delivered (.9-1 1 inch backfat, 6 sq in
lom/2 0 depth) Range. $37.50 - 43.29,
wtd. avg $40.86.
5 Day rolling Average Market Hog
(measurements based on slaughter data
submitted): 195 73 lb carcass based, plant
delivered (0 78 inch backfat, 6 69 sq. inch
loin/2.23 inch loin depth) FFI I. 50.66 r f,
price range' $39 66 - 47 46
Purchase volume by state of origin Al
abama 315, Georgia 1,717: Illinois 27,806,
Indiana 18,128, Kentucky 1,465, Mary
land 360; Michigan 4,618, Mississippi
1,910, New York 359; North Carolina
7,421, Ohio 10,755, Pennsylvania 2,841,
South Carolina 193; Tennessee 771; Wis
consin 1,112
FEAST+EV
FD 3 DRI 29 30
Lancaster Farming, Saturday, December 28 2002-Al5
Eastern Corn Belt
Direct Hogs
Des Moines, lowa
December 23, 2002
Report Supplied By USDA
6400 HT
FD 4 DRt 30 30
Garsf
Commltmont • Partormancs - Tschnology
Eastern Cornbelt Direct
Feeder Pig Weekly
Springfield, 111.
December 20. 2002
Report Supplied By USDA
Fastern Corn Belt Direct Feeder Pig
Weekly Summary (includes pig prices on
negotiated, contract and formula basis)
FFFDFR PIGS Total receipts 10.234,
negotiated none, last week 10,177
1 rends SFW 10 lb pigs traded 1 00 lower
and feeder pigs sold steady Trading ac
tivity was light for light to moderate offer
ings
■“■FOB Fastern Cornbelt - Illinois, Indi-
ana, Ohio, Michigan Receipts 8,734, last
week 6,677
EARLY WFANFD PIGS, 10 EB
BASIS, estimated SO-54G lean value, hot
size under 250 224 head, 32.00, lot size
250-750 1,610 head, 29.23-33 07, wtd
avg. price 31.95. lot size 750 or more
4,450 head, 30.24-35 00, wtd avg price
31.87. Total Composite 6,284 head,
29 93-35 00, wtd avg. price 31.90.
PIGS, 40 1 B BASIS. Fstimated 50-54 r f
lean value Lot size 2SO-750 500 head,
44 00
PIGS, 50 LB BASIS, Fstimated 50-549 f
lean value Lot size 250-270 hcac 600
head, 47 14, lot size 750 or more- 1,350
head, 47 50 Total Composite 1,950 head,
47 14-47 SO.wtd avg price 47 39
r FOB prices quoted on per head basis
“picked up" at sellers farm, prices do not
include freight
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