Winchester Weekly
Feeder Cattle
Richmond, Va.
December 31,2002
Report Supplied by USDA
WEEKLY AUCTION at Winchester,
Dec. 30 FEEDER CATTLE: 570 head.
Prices per cwt., based on in weights.
FEEDER STEERS: 142 head. Med./
Lge. I: 300-400 lb 83.50; 400-500 lb
87-89.50; 500-600 lb 71-78.50; 600-700 lb
75.25-77.25; 700-800 lb 75-78.50; 800-900
lb 72.50-74.00; 900-1000 lb 68.50. Med./
Lge. 2: 400-500 lb 80.50-86.50; 500-600 lb
63-74.50; 600-700 lb 67-72.00.
HOLSTEIN STEERS: 4 head. Med./
Lge. 2:200-300 lb 49.30.
FEEDER HEIFERS: 226 head. Med./
Lge. 1: 200-300 lb 91.00; 300-400 lb
70-80.00; 400-500 lb 72-77.00; 500-600 lb
68-76.50; 600-700 lb 66-71.50; 700-800 lb
67-69.00; 800-900 lb 69-70.00. Med./Lge.
2- 300-400 lb 65-69.50; 400-500 lb
65-71.00; 500-600 lb 58-68.00; 600-700 lb
58-63.00; 800-900 lb 60.00.
BULLS: 202 head. Med./Lge. 1:
200-300 lb 90-99.00; 300-400 lb
81.50- 400-500 lb 75.50-86.00;
500-600 lb 67.50-80.00; 600-700 lb
61-69.25; 700-900 lb 59.50-63.50. Med./
Lge. 2: 200-300 lb 84-87.00; 300-400 lb
64.50- 400-500 lb 70-72.00; 500-600
lb 60-65.50; 600-700 lb 54-60.50; 700-900
lb 49.50-50.00.
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Pa. Weekly
14 Livestock Auctions
Friday, December 27,2002
Report Supplied By PDA
6 LIVESTOCK AUCTIONS.
CATTLE 1876... Compared with 5606
head last week and 2106 head a year ago.
Beef type steers 1.25 to 1.75 higher, Hol
stein steers uneven, heifers 1.00 to 2.00
higher, cows steady, bulls steady.
STEERS: High Choice and Prime 2-4
74.50-75.75, Choice 1-3 69.50-72.75, Se
lect and Low Choice 2-3 70.00-73.00, Se
lect 1-3 67.00-71.25, Standard 1-2
63.00-67.75.
HOLSTEIN STEERS: Choice 2-3
54.25- Select 1-2 52.00-53.25, Stan
dard 1-2 40.75-46.00.
HEIFERS: Choice few Prime 2-4
68.25- Select 1-3 64.00-67.25.
COWS: Breakers 75-80% lean
37.00- Boners 80-85% lean
32.50- Lean 85-90% 28.00-36.75.
Shells 27.75 and down.
BULLS: Yield Grade 1 1000-2SOO lbs
43.50- Yield Grade 2 900-2400 lbs
38.00-
FEEDER CATTLE: STEERS; Medi
um and Large 1 300-500 lbs 68.00-77.00,
Mediutn and Large 2 300-500 lbs
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62.00-63.00; HEIFERS: Medium and
Large 1 300-500 lbs 57.00-60.00, 500-700
lbs 54.00-61.00, Medium and Large 2
300-500 lbs 52.00-63.00; BULLS: Medium
and Large 1 300-500 lbs 59.00-78.00.
CALVES 1782... Compared with 3424
head last week and 2229 head a year ago.
Vealers 3.00 to 7.00 higher.
VEALERS: Standard and Good 70-120
lbs 30.00-47.00, Utility 60-120 lbs
10.00-
FARM CALVES: Holstein bull calves
mostly 10.00 to 15.00 higher, with late
sales sharply higher, Holstein heifers
firm...No 1 Holstein bulls 80-125 lbs
90.00- with late sales to 155.00, No
2 80-120 lbs 55.00-117.50 with late sales to
130.00; No 1 Holstein heifers 85-120 lbs
275.00- No 2 80-110 lbs
110.00-
Beef type bulls and heifers 70-115 lbs
70.00-160.00.
HOGS 587... Compared with 1164 head
last week and 46 head a year ago. Bar
rows and gilts 1.00 lower, sows 1.00 to
1.50 lower. BARROWS AND GILTS:
49-54% lean 220-270 lbs 31.00-34.25,
45-50%' lean 220-275 lbs 29.00-31.75,
40-45% lean 240-300 lbs 27.25-30.00.
SOWS: 1-3 300-500 lbs 18.00-26.00,
500-700 lbs 24.00-27.75.
Elizabethtown • Pennsylvania
BOARS: 5.00-6.00.
FEEDER PIGS 28... Compared with
457 head last week and 0 head a year ago.
US 1-3 30-50 lbs 5.00-10.00 per head.
SHEEP 469... Compared with 3582
head last week and 1043 head a year ago.
Slaughter lambs steady to firm.
SLAUGHTER LAMBS: Choice 40-50 lbs
100.00-167.00, 50-70 lbs 90.00-150.00,
80-100 lbs 90.00-116.00. SLAUGHTER
SHEEP: 15.00-42.50.
NO GRADED FEEDER PIG
SALES...Compared with 3392 head last
week and 740 head a year ago.
Midwest Daily
Livestock Summary
Amarillo, Texas
December 30,2002
Report Supplied By USDA
Five area direct trade for live and
dressed sales was not adequately tested to
establish a market trend. LIVE STEERS:
35-65 percent Choice 73.00. DRESSED
STEERS: 65-80 percent Choice 115.00.
LIVE HEIFERS; 35-65 percent Choice
74.00. DRESSED HEIFERS: Not enough
sales reported.
Terminal Markets: South St. Paul ter
minal market slaughter steers and heifers
mostly steady. Steers: Choice 2-4
1041-1472 lbs 70.00-72.00, few pkgs
1129-1230 lbs 72.30- 73.00; Select and
Choice 2-3 1150-1395 lbs 68.00-70.00
Hetiers: Choice 2-3 pkg 1278 lbs 70.85;
Select and Choice 2-3 1208-1378 lbs
68.50-69.60.
Cattle slaughter under federal inspec
tion on Monday is estimated at 131,000
head compared to 132,000 a week ago
and 87,000 a year ago.
CME Futures Closes for Live Cattle:
December 75.55, up 50; February 78.72,
unchanged; April 78.02, up 20.
Slaughter Cows at So. St. Paul sold
steady to firm. Breakers 70-80 percent
lean over 1100 lbs 38.00-41.75 high dress
ing 41.75-42.25. Boners 80-85 percent
lean over 1050 lbs 36.00-39.00 high dress
ing 39.00-41.00. Lean 86-90 percent lean
over 1100 lbs 33.00-36.00.
Due to the holiday week most feeder
cattle and calf auctions are closed. Futur
es Closes for Feeder Cattle; January
83.27, down 10; March 81.60, up 2; April
81.10, down 10.
Barrows and gilts at Sioux Falls closed
2.00 lower. Barrows and gilts 49-51 per
cent lean 220-270 lbs 31.00. Barrows and
gilts in South St. Paul closed 1.50 lower.
Barrows and gilts 47-50 percent lean
220-270 lbs 29.50-30.00. The direct trade
prices are based on 185 lbs hog carcass
with 0.9-1.1 inch backfat and 6-inch
square loin/2.0 inch depth plant delivered.
National direct trade closed steady at
36.50-44.23, weighted average 41.34.
lowa-So. Minnesota direct traded weak to
.50 lower at 36.50-44.23, weighted average
41.03. The Western Cornbelt closed
steady at 36.50-44.23, weighted average
41.22. The Eastern Cornbelt sold .50 high
er at 36.50-44.00, weighted average 41.51.
Hog slaughter under federal inspection
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Lancaster Farming, Saturday, January 4, 2003-Al5
on Monday is estimated at 394,000 head
compared to 397.000 a week ago and
296.000 a year ago.
CME Future Closes for Lean Hogs:
February 53.55, up 05; April 59.72, down
07; May 63.85, up 22.
Slaughter lambs at Sioux Falls, SD
closed steady on a thin test. Shorn slaugh
ter lambs: Choice, end Prime 2-4 No 1-2
pelts 138 lbs 84.25. Wooled slaughter
lambs: Choice, end Prime 2-3 132-141 lbs
84.25-85.25, 125 lbs 82.75. At South St.
Paul, MN markets closed steady weak.
Slaughter lambs: Shorn: Choice, end
Prime 2-3 125-145 lbs 81.00-83.00. Wool
ed: Choice, end Prime 2-3 110-125 lbs
76.00-79.00; 125-145 lbs 79.00-81.00.
Sheep and lamb slaughter under feder
al inspection on Monday is estimated at
11.000 head compared to 10,000 a week
ago and 9,000 a year ago.
NATIONAL FEEDER & STOCKER
Summary for week ending Dec. 27, 2002.
Total Receipts: 0, last week 345,400.
Christmas celebrations took precedence
over marketings of feeder cattle and
calves this week and no price trend estab
lished A bright light appeared on the sur
face for nearby marketings. The direct
feedlot trade up to 74.00, over 10.00 high
er than the close of last year. This was
with beef production for the year up 3
percent. Late in the week boxed beef cut
outs up to 124.50. Packers still had a prof
it margin even with holiday overtime pay.
Therefore they kept pushing for numbers
to keep the chains rolling. Also they were
looking at the February Futures near
79.00, even though futures turned sharply
lower before the close. Current slaughter
cattle prices and nearby futures putting a
smile on the face of cattle owners. How
ever, the future has some dark clouds on
the horizon, especially for the feeder mar
ket. April futures closed near 78.00 but
everything farther out down below 72.00.
In other words anything not ready for
slaughter within the next four months in
a different time zone. On the other hand
feeder cattle futures for all of next year in
a narrow spread of 81.00-84.00. Look for
the usual seasonal big January runs of
feeders. This time a year ago Oklahoma
City had 500 lbs steers calves around LOO
a pound and 800 lbs feeder steers around
84.00. Beginning early January of 2001
prices dropped precipitously until early
May. The CME index lost 10.00 during
this period. Prices recovered slowly but
steadily and climbed back up near 2001
close by December. No matter what the
futures indicate or pencil out, most opera
tors have little choice and must conduct
business as usual and try to stay afloat, be
they cattle calf operators, grazers, back
grounders, or feedlot operators.
USDA hqpes that next year everyone
will enjoy happiness, good health and
prosperity
National Feeder Cattle
Weekly Review
St. Joseph, Mo.
December 27,2002
Report Supplied By USDA