AlB-Lancaster Farming, Saturday,
Oklahoma Feeder
Cattle Weekly
Oklahoma City, OK
February 5,2003
Report Supplied By USDA
OKLAHOMA NATIONAL STOCK
YARDS, Weekly Cattle Summary
Compared to last week: Feeder steers
firm to 1.00 higher, feeder heifers steady.
Stocker steers and steer calves steady to
3.00 higher, heifers 2.00-4.00 higher. De
mand good for all classes. Spring grass
buyers becoming more active as calf flesh
continues to decrease. Cattle feeders en
couraged for the near term as some pack
ers weighed slaughter cattle purchases
last week and returned to feed. Receipts
this week 11,750; last week 8545; last year
7106. Supply consisted of 72% yearlings
and few calves over 600 lbs; 24% calves;
4% cows and bulls. Heifers comprised
34% of feeder & calf supply. Prices follow
with weighted average weight and price
in parenthesis.
FEEDER STEERS: Medium and
Large 1: CALVES: few 425-450 lbs (441
lbs) 109.00-110.00 (109.33); 450-500 lbs
(482 lbs) 99.75-107.50 (103.38); 500-550
lbs (525 lbs) 94.00-105.00 (98.50); 550-600
lbs (576 lbs) 86.50-95.75 (92.07); 600-650
lbs (626 lbs) 81.50-86.25 (84.33); 650-700
lbs (680 lbs) 78.00-81.00 (80.26). YEAR
LINGS: 600-650 lbs (619 lbs) 83.25-90.25
(86.09); 650-700 lbs (671 lbs) 81.00-84.50
(83.02) 700-750 lbs (728 lbs) 79.25-84.00
(81.28); 750-800 lbs (777 lbs) 78.50-81.75
(80 13); 800-850 lbs (822 lbs) 77.50-80.75
(79.34); 850-900 lbs (867 lbs) 77.50-78.25
(77.93); 900-950 lbs (932 lbs) 77.25-78.00
(77.46); 960 lbs 76.00; 1000-1025 lbs (1009
lbs) 73 75-74.85 (74.29). Holsteins; Large 3
package 560 lbs 63.25; 800 lbs 61.75: load
940 lbs 59.25.
FEEDER HEIFERS: Medium and
Large 1: CALVES: load 335 lb thin
104.00; 400- 500 lbs (450 lbs) 87.25-97.00
(92.63); 500-550 lbs (535 lbs) 79.75-84.50
(82.02) 550-600 lbs (581 lbs) 78.00-81.00
(80.02) 600-650 lbs (616 lbs) 77.25-79.00
(78.11). YEARLINGS: 500-550 lbs (530
lbs) 83.00-92.00 (87.57); 550-600 lbs (576
lbs) 80.25-88.25 (83.02); 600-650 lbs (623
lbs) 77.50-82.50 (80.43); 650-700 lbs (676
lbs) 77.00-79.75 (77.98); 700-800 lbs (750
lbs) 76.00-78.25 (77.27); 800-825 lbs (811
lbs) 75.75- 7 6.75 (76.22); 850-860 lbs (852
lbs) 74.60-75.10(75.05).
Eastern Com Belt
Direct Hogs
Des Moines, lowa
February 4,2003
Report Supplied By USD A
EASTERN CORN BELT DIRECT
DAILY HOGS, for Tuesday, Feb. 4, as of
1:30 p.m.
CURRENT VOIUME TODAY: Pro
ducer Sold: Negotiated Actual: 19,225;
Other Market Formula: 8,419; Swine or
Pork Market Formula: 36,134; Other Pur
chase Arrangement. 15,103; Packer Sold
(All purchase tvpes): Actual today. 579.
NEGOTIATED PURCHASES (In-
cluding packer sold): BARROWS AND
GILTS: 15,208 head. Compared to prior
day’s close. .50 lower. Base Market Hog,
185 lb Carcass Basis, Plant Delivered
(.9-1.1 inch backfat, 6 sq. in. loin/2.0
depth): Range; $41.00 - 48.65, wtd. avg.
$46.60.
5 Day rolling Average Market Hog
(measurements based on slaughter data
submitted): 194.62 lb carcass based, plant
delivered (0.76 inch backfat, 6.78 sq. inch
loin/2.26 inch loin depth) FELL 51.04%;
price range: $45.00 - 53.00.
Purchase volume by state of origin: Al
abama 438; Georgia 429; Illinois 24,446;
Indiana 17,750; Kentucky 1,349; Mary
land 152; Michigan 5,083; New York 551;
North Carolina 5,747; Ohio 15,412; Penn
sylvania 2,610; South Carolina 340; Ten
nessee 1,182; Virginia 72; Wisconsin
2,251.
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Southern & Eastern
Direct Feeder Pigs
Columbia, S.C.
January 31,2003
Report Supplied by USDA
Southern And Eastern US Direct FOB
Feeder Pig Report: Weekly summary of
prices FOB farm basis, week ended Jan.
31. Receipts 60,948; last week 54,368.
Compared to last week, early weaned pigs
steady to 2.00 per head higher, 40-55
pound feeder pigs steady. Demand mod
erate for moderate offerings. Receipts in
clude 48,035 head shipped to lowa and
Central US. Alsu receipts include an esti
mated 35% formulated prices.
PIGS, EARLY WEANED 10 LB
BASIS, estimated 50-54% lean value: Lot
size 250 head or less: 1,868 head,
30.27-32.64, wtd. avg. price 31.55; lot size
250-750; 5,770 head, 25.00-40.00, wtd.
avg. price 31.55; lot size 750 or more;
20,295 head, 25.00-41.00, wtd. avg. price
price 33.67. Total Composite: 27,933
head, 25.00-41.00, wtd. avg. price 33.09.
PIGS, 40 LB BASIS, estimated 50-54%
lean value: Lot size 250-750: 1,912 head,
47.93-55.40, wtd. avg. price 52.38; lot size
750 or more; 3,450 head, 47.58-52.00,
wtd.avg. price 49.42. Total Composite;
5,362 head, 47.58-55.40, wtd. avg. price
50.48.
PIGS, 45 LB BASIS, estimated 50-54%
lean value: Lot size 750 or more; 22,850
head, 54.10-59.00, wtd. avg. price 57.01.
PIGS, 50 LB BASIS, estimated 50-54%
lean value: Lot size 250 head or less: 123
head, 50.25; lot size 250-750: 880 head,
48.45-56.00, wtd. avg. price 50.85; lot sie
750 or more: 1,000 head, 55.00. total com
posite: 2,003 head, 48.45-56.00, wtd. avg.
52.89.
PIGS, 55 LB BASIS, estimated 50-54%
lean value: Lot size 250-750: 400 head,
63.50; lot size 750 or more: 2,400 head,
64.70. Total Composite: 2,800 head,
63.50-64.70, wtd. avg. price 64.53.
•rices are quoted on a per head basis
“picked up” at the sellers farm in NC,
SC, GA, TN, KY, AL, MS, AR, MO, TX,
OK, KS, IN, OH, MI, PA, CO, UT, and
WY. Prices do not include freight or bro
ker fees. Many lots of 40-60 weight pigs
sold with a .25-.40 per pound slide. Also,
some lots of early weaned pigs have a 1.00
per pound sliding value adjusted from a
10 pound basis. Early weaned pigs under
19 days old.
Estimated lean value is projected to
base slaughter weights with normal con
finement feeding conditions. This report
does not cover
trades
any
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One half mile west of Rogers, Ohio on St. Rt. 154
330-227-3233
Tri State Area’s Largest Open Air Market
open every Friday
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CONSIGNMENT AUCTIONS
Every Friday Furniture & misc Ip.m.
Produce & Eggs 5 p.m.
Poultry Bam 6 p.m.
FIRST TUESDAY OF EACH MONTH
FARM EQUIPMENT CONSIGNMENT AUCTION
1 p.m. Miscellaneous auction
4 p.m. Garden tractor auction
5 p.m. Firewood
6 p.m. Farm Machinery
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Eastern Combelt Direct
Feeder Pig Weekly
Springfield, 111.
Januaty 31,2003
Report Supplied By USDA
Eastern Com Belt Direct Feeder Pig
Weekly Summary (includes pig prices on
negotiated, contract and formula basis)
FEEDER PIGS: Total receipts: 30,893,
negotiated 15,765; last week 17,833.
Trends; SEW 10 lb pigs and feeder pigs
were steady to firm. Trading activity was
moderate for moderate to heavy offerings.
tFOB Eastern Combelt - Illinois, Indi
ana, Ohio, Michigan. Receipts: 23,570:
last week 14,108.
EARLY WEANED PIGS, 10 LB
BASIS, estimated 50-54% lean value: Lot
size under 250: 360 head, 30.27-31.73,
wtd. avg. price 31.22; lot size 250-750:
5,095 head, 28.71-32.88, wtd. avg. price
30.83; lot size 750 or more; 11,015 head,
26.50-41.00, wtd. avg. price 36.13. Total
Composite: 16,470 head, 26.50-41.00, wtd.
avg. price 34.38.
PIGS, 40 LB BASIS, estimated 50-54%
lean value: Lot size 750 or more: 6,500
head, 60.00.
PIGS, 50 LB BASIS, estimated 50-54%
lean value: Lot size 250-750: 600 head,
48.45.
jFOB prices quoted on per head basis
“picked up” at sellers farm; prices do not
include freight.
Eastern Combelt Direct
Feeder Cattle Weekly
Spring Geld, 111.
January 31,2003
Report Supplied By USDA
Eastern Combelt Direct Feeder Cattle
Summary Illinois, Indiana, Michigan,
and Ohio:Feedcr cattle prices were firm to
3.00 higher in a light market test. De
mand was light and trading activity was
slow. Reported sales consisted of about
68% beef steers, 18% heifers and 14%
Holstein steers. Approximately 82% of the
cattle marketed this week weighed over
600 lbs. Confirmed sales 475 this week,
825 last week and 1000 last year.
FEEDER STEERS: Medium and
Large 1-2: 600-650 lbs 85.00-86.50;
750-775 lbs 78.75.
HOLSTEIN STEERS: Medium
and large 3; load lot 900 lbs
56.00,
FEEDER HEIFERS: Medium
and Large 1-2: 575-600 lbs 82.50.
Prices are based FOB the farm
unless otherwise indicated. Deliv
ered prices include freight, com
missions, and other expenses.
National Feeder Cattle
Weekly Review
St. Joseph, Mo.
January 31,2003
Report Supplied By USDA
NATIONAL FEEDER & STOCKER
SUMMARY for week ending Jan. 31
Total Receipts: 319,700, last week
463,400. Direct 57,500, last week 48,100.
Video/Intemet 800, last week 124,100.
Auctions 261,400, last week 291,200. This
week’s reported auction volume included
51 percent over 600 lbs and 43 percent
heifers.
Compared to last week, feeder steers
and heifers weighing over 700 lbs sold
steady to 1.00 lower. Stocker cattle traded
steady to 2.00 higher with many South
eastern calves selling as much as 4.00
higher than last week. Receipts were
much lighter this week, especially across
Dixieland, and buyers are starting to as
semble thin and lightweight calves for
spring turn-out.
Yearling demand was only moderate,
again this week, despite higher futures
and a rebounding finished market that
was able to get back to 80.00. The prob
lem with the market for feediot replace
ments is that the CME Live Cattle Futur
es for June are trading at more than a
10.00 discount to spot February, August is
trading at more than a 13.00 discount.
Normally, cattle feeders would run over
one another to purchase 7 weight feeders
for the same price as their closeouts. But,
the handwriting is on the wall for a major
slaughter cattle market-collapse and feed
er buyers are using restraint to keep re
placements at a reasonably hedgeable
level.
Most feedlots are expecting 81.00 for
next week’s showlists and it’s hard to be
lieve that today’s feeders will only be
worth around 70.00 in just 120 days, espe
cially as “green” cattle are frantically
being pulled forward.
This week the USD A announced the
resurrection of voluntary slaughter cattle
price reporting. Market reporters will
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once again be hitting the phones to stay in
contact with countless feedyards, trying
to get a handle on the latest in the trading
arena. The report will initially cover the
Texas and Nebraska feedlot areas, with
Kansas, Colorado, and lowa to follow.
Friday’s cattle inventory report pegged
total numbers at 96.1 million head on
January 1, this marks the seventh consec
utive year of herd reduction. The number
of beef cow operations also fell by 1 per
cent.
Cattle people were reminded of this in
dustry’s humble beginnings this week as
one of the largest remaining parcels of the
old XIT Ranch was placed on the auction
block. The original 3 million acre ranch in
Texas was awarded in 1879 to a group of
investors in exchange for a new Capitol
building in Austin.
National Weekly
Lamb Report
Des Moines, lowa
february 5,2003
Report Supplied By USDA
NATIONAL WEEKLY LAMB RE
PORT for week ending Monday, Feb. 3;
SLAUGHTERED LAMB PRIOR
WEEK: From Forward Contracts: Do
mestic 202; Imported 0. From Formula
Arrangements: Domestic 15,071 head;
Imported: 1,780.
SLAUGHTERED PACKER OWNED
SHEEP: DOMESTIC: 1,272 head, 68-72
lbs (avg. 76 lbs); dressing 50.0-50.0%, avg.
50.0%; Choice or better 100.0%. IM
PORTED: None.
FORWARD CONTRACT PUR
CHASES: No trade reported.
FORMULA PURCHASES: DOMES
TIC: 1,564 head, 54-64 lbs (avg. 59.6 lbs)
159.33-173.34, wtd. avg. price 167.31;
6,636 head, 66-75 lbs (avg. 70.6 lbs)
159.53-183.84, wtd. avg. price 167.86;
10,147 head, 75-90 lbs (avg. 77.2 lbs)
161.49-166.35 (164.04).
IMPORTED: 1,984 head, 66-69 lbs
(avg. 67.1 lbs) 148.97-163.71, wtd. avg.
price 154.10; 909 head, 75-79 lbs (avg.
77.5 lbs) 163.86-167.90, wtd. avg. price
165.31.
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