Direct Slaughter Cattle Daily Market Review St. Joseph, Mo. January 8,2003 Report Supplied By USDA National Slaughter Cattle Review as of 11 a.m.: Demand for slaughter cattle was extremely good Tuesday afternoon through Wednesday morning as buyers with more money in hand than last week aggressively sought to procure cattle. Trade activity was moderate to active. Compared to last week, live sales ranged from 77.00 to 78.00, trending 2.00 to 3.00 higher and dressed prices were at mostly 122.00 which was 3.00 to 5.00 higher than last week. Negotiated Sales: Confirmed 64,722; Week ago 1,202; Year ago 7,936. Week to Date 66,904; Week ago 4,379; Year ago 14,885. Negotiated, Formula and Contract Purchases delivered to packers: Today 103,400; Week Ago 35,700; Year Ago 89,900. Week to Date 193,200; Week Ago to Date 136,700; Year Ago to Date 171,400. Negotiated, Formula and Contract Commitments (generally for slaughter within 7 days): Today 137,800; Week Ago 26,400; Year Ago 73,100. Week to Date 193,000; Week Ago to Date 65,100; Year Ago to Date 126,200. NEGOTIATED: PRICES PAID for Domestic Slaughter Steers and Heifers (Information derived from the 5 area weighted average): LIVE BASIS: STEERS: Over 80% Choice 74.00-78.50 avg 77.77; 65-80% Choice 74.00-78.00 avg 77.05; 35-65% Choice 76.00-78.50 avg 77.20; under 35% Choice 76.00-78.00 avg 76.60. Total all grades 74.00-78.50 avg 77.20. HEIFERS: Over 80% Choice 74.00-78.50 avg 76.64; 65-80% Choice 76.00-78.50 avg 77.34; 35-65% Choice 76.00-78.50 avg 77.16. Total all grades: 74.00-78.50 avg 77.08. DRESSED BASIS: STEERS: Over 80% Choice 120.00-123.00 avg 121.03; 65-80% Choice 118.00-123.00 avg 121.45; 35-65% Choice 120.00-123.00 avg 121.85. Total all grades 118.00-123.00 avg 121.58. HEIFERS: Over 80% Choice 120.00- avg 122.01; 65-80% Choice 120.00- avg 121.64; 35-65% Choice 121.00- avg 121.66. Total all grades 120.00- avg 121.68. National Carlot Meat Report Des Moines, IA January 7,2003 Report Supplied By USDA USDA Market News USDA Carlot Meat 4:00 Summary: Compared to Previ ous Day, Prices in Dollars per hundredweight, Equated to FOB Omaha Basis. BOXED BEEF CUTS: Boxed beef higher on fairly good demand and moderate offerings. Select and Choice rib, chuck, round, and loin cuts firm. Beef trimmings generally steady on moder ate demand and offerings. Coal Stokers r Starting at $899 $lOO OFF Stokers In Stock 1060 Division Highway 322 East, Ephrata, PA 17522 1 Block East of Fit. 222 (717)733-4973 800-642-0310 www.bowmanstoves.com Estimated composite cutout value of Choice 1-3,600-750 lbs carcasses up .83 at 123.14, 750-900 lbs up 1.35 at 122.74; Se lect 1-3, 600-750 lbs up .65 at 118.78, 750-900 lbs up .97 at 117.93; based on 199.98 loads of Choice cuts, 150.73 loads of Select cuts, 51.09 loads of trimmings, and 98.22 loads of coarse ground trim mings. Estimated carcass price equivalent value of Choice 1-3,600-750 lbs up .90 at 113.51, 750-900 lbs up 1.28 at 113.23; Se lect 1-3, 600-750 lbs up .82 at 108.04, 750-900 lbs up 1.02 at 107.49. Current index reflects the equivalent of 400,481 head of cattle. NATIONAL CARLOT BEEF: The Cutter cow carcass gross cutout value was estimated at 87.37, up 1.21. By-Product Drop Value: Hide and offal from a typical slaughter steer was esti mated at 7.81, up .01. NATIONAL CARLO! PORK: Sales re ported on 66.25 loads of pork cuts and 53.0 loads of trim/process pork. Com pared to Monday’s close: Fresh '/«” trim loins 2.00 lower; butts steady to 2.00 high er; sknd. hams mostly steady to 1.00 high er; sdls. bellies 2.00 lower; lean trimmings steady. Trading slow to moderate, 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 51.33, down .33. Loins bone in fresh 'A inch trim 21 Ib/down-light 78.00- Hams bone in trimmed, 17-20 lbs trim spec 1 44.00; 20-23 lbs trim spec 1 42.00. Seedless bellies 12-14 lbs 79.00; 14-16 lbs 79.00; 16-18 lbs 78.00. CARLOT LAMB CARCASS: 4,657 head reported. 30-40 lb 162.00-166.00; 40-45 lb 162.00-166.00; 45-50 lb 162.00- 50-55 lb 162.00-167.00; 55-60 lb 162.00-167.00; 60-65 lb 161.00- 65-75 lb 161.00-167.00; 75-85 lb 162.00-167.00; 85-up lb 165.00- Midwest Daily Livestock Summary Amarillo, Texas January 7,2003 Report Supplied By USDA The direct slaughter cattle trade in the five major marketing areas on Tuesday was not established, however a firm un dertone noted. STEERS: DRESSED BASIS: over 80% Choice 120.00; 65-80% Choice 118.00-120.00, weighted average price 119.89; 35-65% Choice 120.00-121.00, weighted average 120.61. HEIFERS: LIVE BASIS: over 80% CHOICE 75.00-76.50, weighted average price 76.41. DRESSED BASIS: over 80% We Are A Service-Oriented Company Serving DE, NJ, Eastern Shore MD & Eastern PA Thousands of mixer and unloader parts in stock • Silo Unloaders • Feed Mixers • Feeders & Conveyors • J-STAR W] □ /****-*/*/ OSWALT m Choice 120.00; 65-80% Choice 120.00- weighted average price 120.98; 35-65% Choice 121.00. Terminal markets: So. St. Paul slaugh ter steers and heifers sold steady to 1.00 higher. Steers: Choice 2-4, 1283-1480 lbs 73.00- pkg 75.60. Heifers: Choice 2-3, 1169-1267 lbs 73.00-74.70, couple pkgs 1225-1356 lbs 75.40-76.35. Cattle slaughter under federal inspec tion on Tuesday was estimated at 132,000 head compared to 95,000 a week ago and 131,000 a year ago. Week to date 249,000 head compared to 226,000 a week ago and 245,000 a year ago. CME Futures Closes for Live Cattle: February 81.42, up 65; April 79.67, up 05; June 72.15, down 22. Slaughter cows at South St. Paul sold steady. Premium White 70-75 percent lean 41.00-44.50. Breakers 70-80 percent lean over 1100 lbs 40.00-43.00. Boners 80-85 percentlean over 1050 lbs 37.00- Lean 85-90 percent lean 34.00- Barrows and gilts at terminal markets, I. lower. 47-50 percent lean 220- 270 lbs barrows and gilts sold from 30.50-32.50. 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 direct trade closed .75 lower, price range 37.00-45.95, with average price of 42.37. lowa-So. Minnesota direct trade was 1.00-1.25 lower, price range 37.00-45.95 with aver age price of 42.29. The Western Combelt was 1.00 lower, price range of 37.00-45.95, average price 42.50. The Eastern Combelt trend was weak, prices ranging 38.00- with an average price 42.19. Hog slaughter under federal inspection on Tuesday was estimated at 388,000 head compared to 346,000 a week ago and 380,000 a year ago. Week to date 773,000 head compared to 740,000 a week ago and 759,000 a year ago. CME Futures Closes for Lean Hogs: February 51.75, down 02; April 57.67, down 22; May 62.60, down 35. Slaughter lambs were steady on Tues day at So. St. Paul. Shorn, Choice, end Prime 2-3, 125-145 lbs 83.00-85.00; Wool ed. Choice, end Prime 2-3, 110-125 lbs 78.00- 125-145 lbs 81.00-83.00. Sheep and lamb slaughter under feder al inspection on Tuesday was estimated at 11, head compared to 10,000 a week ago and 11,000 a year ago. Week to date 22,000 head compared to 21,000 a week ago and 23,000 a year ago. Some of our radio-dispatched trucks Lapp’s parts and service personnel are ready to help keep you up and running. Give us a call. Or call our sales team for your new equipment. aw Philadelphia Pike, (FA, Rt 340) Oap. PA 17527 Lancaster Farming, Saturday, January 11,2003-Al9 National Slaughter Cattle Weekly Review Oklahoma City, Okla. January 3,2003 Report Supplied By USDA National Slaughter Cattle Summary - Week Ending Jan. 3, 2003: Slaughter cat tle trade opened Thursday 1.00-2.00 high er on live basis and 3.00 higher dressed. Packers short bought and needing cattle for full slaughter schedule next week. USDA’s boxed beef cut-out values Friday morning averaged 119.09 up 2 cents from last Friday. Sales of slaughter cattle on a national basis for negotiated cash trades totaled 202,550 through 10:00 a.m. Fri day. Last week’s full count was 170,400. Weekly Meat Production Under Federal Inspection WASHINGTON, D.C., Jan. 3 - (USDA-NASS) - Total red meat production under federal inspection for the week ending Saturday, Jan. 4, was estimated at 778.3 million lbs., according to the USDA's Agricultural Marketing Service. This was 7.9% higher than a week ago and 3.8% higher than a year ago. MEAT PRODUCTION (million pounds) (excludes condemned) Calf/Veal Pork (2) 3 3 347.9 3.0 314.5 Week Ending (1) Beef 04-Jan-02 424.0 28-Dec-02 400.6 up 5 8% 433.2 Change: 05-Jan-02 dn 2 1% 252.0 366.9 Change: 2003 YTD: 2002 YTD Change; dn31.3% dn 34.0% dn 20.2% dn417% dn 26.9% 1- Previous week estimates may be revised. Year ago data are actuals. 2- Excludes lard. may not add due to rounding 2002 totals are subject to revision LIVESTOCK SLAUGHTER (head) Cattle Calves/Vealers Hogs Sheep/Lambs 557.000 18.000 1,747,000 45,000 525.000 16,000 1,580,000 45,000 up 61% up 12.5% up 10.6% 0% 566.000 17,000 1,562,000 48,000 dn 1.6% up 5.9% up 11.8% dn 6.3% 331.000 9,000 1,007.000 24.000 479.000 14,000 1,265,000 39.000 dn 30.9%. dn 34 0% dn 20 4% dn 38 5% AVERAGE WEIGHTS (lbs.) Cattle Calves/Vealers Hogs 1267 304 269 1267 305 269 1263 312 267 Week Ending 04- 28-Dec-02 Change: 05- Change. 2003 YTD. 2002 YTD- Change. Week Ending- LIVE -0- Estimate 28-Dec-02 Estimate 05- Actual DRESSED -0- Estimate 200 28-Dec-02 Estimate 200 05- Actual 199 PERCENTAGE OF TOTAL SLAUGHTERED BY CLASS CATTLE HOGS Wk Ending Steers Heiters Cows Bulls/Stdgs | Barrows/Gilts Sows Boars/Stags 21- 47.1% 32 9% 18 4% 16% . 96 8% 30% 03% 22- 50 3% 315% 16 6% 17% 96 8% 29% 03% UIPMENT Midwest Direct Markets: Live Basis: Steers and Heifers: 35-80 percent Choice, 900-1400 lbs 74.00-75.50, wted avg 74.78. Dressed Basis: Steers and Heifers: 35-80 percent Choice, 550-950 lbs. 116.00-119.00, wted avg 118.16. High Plains Direct Markets: Live Basis: Steers and Heifers 35-65 percent Choice, 900-1400 lbs 74.00-75.50, wted avg 74.%. Slaughter Cows and Bulls (Average Yielding): Slaughter cow and bull market not tested as most auction barns closed for the holidays. USDA’s Cutter cow car- cass cut-out value closed Thursday at 86.16 up 3.71 from last Friday. up 10.6% 310.1 up 10.0% 3.3 up 12.2% 200.5 251.2 0% 1 7 2.6 187 187 192 765 767 770 Parts available to be shipped at a moment’s notice HERS I HAN Lamb/Mutton Totals (3) 3 1 778 3 3.1 721.2 up 7.9% 750.1 up 3 8% 455 8 623 4 dn 8.8% 1 6 2.7 Sheep/Lamb 137 137 143 VAN DALE'
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