A26-Lancaster Farming, Saturday, April 26, 2003
Midwest Daily
Livestock Summary
Amarillo, Texas
April 23,2003
Report Supplied By USDA
In the five area direct slaughter cattle
trade, live sales in Nebraska steady to
1.00 lower, otherwise market not fully es
tablished. STEERS: LIVE BASIS; Over
80% Choice 78.00; 65-80% Choice 78.00;
35-65% Choice 77.00- 78.00, wtd. avg.
77.69. DRESSED BASIS: Over 80%
Choice 125.00- 128.00, wtd. avg. 127.41;
65-80% Choice 125.00-126.00, wtd. avg.
average price 125.74; 35-65% Choice
123.00- wtd. avg. price 123.58.
SLAUGHTER HEIFERS: LIVE BASIS:
over 80% Choice 77.75-78.00, wtd. avg.
price 77.97; 65-80% Choice 78.00.
DRESSED BASIS: 65-80% Choice
124.00- wtd. avg. price 124.51;
35-65% Choice 125.00- 125.50, wtd. avg.
125.17.
At the So. St. Paul terminal market,
slaughter steers and slaughter heifers
were steady in a light test. At Sioux Falls
slaughter steers and heifers mostly steady.
Steers: Select and Choice and Choice 2-3
1236-1430 lbs 75.50-78.85. Heifers: Select
and Choice and Choice 2-3 1225-1340 lbs
76.00-78.85.
Estimated daily cattle slaughter under
federal inspection week to date through
Wednesday was 378,000 head compared
to 386,000 last week and 397,000 a year
ago.
CME Futures Closes for Live Cattle:
April 77.47, up .30; May 74.55, up .12;
June 71.67, up .35
Slaughter cows at South St. Paul sold
steady to 1.00 higher. Premium White
70-75% lean over 1200 lbs 47.00-50.00,
high dressing 50.00-52.50. Breakers
70-80% lean over 1100 lbs 45.00-48.50,
high dressing 48.50-51.00. Boners 80-85%
lean over 1050 lbs 42.00-45.00, high dress
ing 45.00-47.50. Lean 85-90% lean
40.00-43.00, high dressing 43.00-44.00.
Barrows and gilts at terminal markets
on Wednesday sold 1.50-2.00 higher.
220-270 lb 47-51% lean barrows and gilts
bought 37.00-37.50. The National direct
trade prices are based on 185 lbs hog car
cass with 0.9-1.1 inch back fat and 6 inch
square loin/2.0 inch depth plant delivered.
National direct trade 1.75 higher with
prices ranging 43.00-53.00, wtd. avg. price
49.52. lowa-So. Minnesota direct trade
trended 2.50-2.75 higher with prices rang
ing from 43.00-53.00, wtd. avg. price
50.33. The Western Cornbelt closed 2.25
higher at 43.00-53.00, wtd. avg. price
50.06. The Eastern Cornbelt prices were
.75-1.00 higher at 43.25-52.00, wtd. avg
price 48.65.
Hog slaughter under federal inspection
week to date through Wednesday esti
mated at 1,043,000 head compared to a
week ago 1,137,000 and 1,125,000 a year
ago actual slaughtered.
CME ,-uture Closes for Lean Hogs:
May 56.47, up .67; June 60.62, up 1.07;
July 61.32, up .75
Slaughter lambs traded steady at So.
St. Paul, MN. Shorn: Choice, end Prime
115-145 lbs 93.00-95.00. Wooled: Choice,
end Prime 2-3 125-145 lbs 88.00-90.00. At
San Angelo slaughter lambs on Tuesday
sold steady. Choice 2-3 shorn and wooled
90-135 lbs 82.00-93.00, few 93.00-97.00.
Sheep and lamb slaughter under feder
al inspection week to date through
Wednesday estimated at 30,000 head
compared to 36,000 a week ago and
36,000 a year ago.
Tennessee Feeder
Cattle Sales
Nashville, Tenn.
April 23,2003
ißeport Supplied By USDA
Tennessee Weighted Average report for
Tuesday, Apr. 22, at Dickson. Receipts
734 calves and feeders (13 pet over 600
lbs). Trend: Feeder steers under 500 lbs
steady to 3.00 higher, over 500 lbs steady
to 4.00 lower. Feeder heifers mostly
steady. Average weights and average
prices in parentheses.
FEEDER STEERS: Medium and
Large 1-2: 35 head, 300-400 lb (346)
101.00- (109.37); 38 ehad, 400-500
lb (446) 90.00-103.00 (96.69); 31 head
(pre-conditioned), 400-500 (493) 102.50;
43 head, 500-600 lb (540) 81.00-91.00
(86.85); 40 head (pre-conditioned),
500-600 lb (567) 97.00; 13 head, 600-700
lb (641) 78.00-88.50 (83.44). Med./Lge. 3:
8 head, 400-SOO lb (463) 82.00-90.00
(86.57); 12 head, 500-600 lb (552)
76.00-
FEEDER HEIFERS; Medium and
Large 1-2: 43 head, 300-400 lb (355)
87.00- (92.30); 56 head, 400-500 lb
(455) 80.00-93.00 (87.18); 52 head,
500-600 (544) 72.00- (78.33); 9 head,
600-700 lb (641) 68.00-76.00 (71.69).
MedJLge. 3: 8 head, 300-400 lb (373)
81.91.00 (84.44); 11 head, 400-500 lb (435)
74.00- (77.79).
FEEDER BULLS: Medium and Large
1-2: 29 head, 300-400 lb (364)
98.00- (105.84); 41 had, 400-500 lb
(455) 85.00-99.00 (91.08); 24 head,
500-600 lb (553) 79.00-88.00 (83.66); 21
head, 600-700
lb (63 8 ) MRpinpmßP
Vi
74.00-79.00
(76.60).
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Southern & Eastern
Direct Feeder Pigs
Southern And Eastern US Direct FOB
Feeder Pig Report; Weekly summary of
prices FOB farm basis, week ended Apr.
18; Receipts 19,166; last week 30,633.
Compared to last week: Early weaned
pigs and 45 pound feeder pigs steady. De
mand light for light offerings. Receipts in
clude 16,166 head shipped to lowa and
Central US. Also, receipts include and es
timated 63% formulated prices. Prices per
head.
EARLY WEANED PIGS, 10 LB
BASIS, Estimated 50-54% lean value: Lot
size 250 head or less: 400 head,
19.00- wtd. avg. prices 20.58; lot size
250-750: 2,3% head, 24.09-28.14, wtd.
avg. price 25.68; lot size 750 or more:
5,220 head, 23.00-27.40, wtd. avg. price
25.62. Total Composite; 8,016 head,
19.00- wtd. avg. price 25.39.
PIGS, 40 LB BASIS, Estimated 50-54%
lean value; Lot size 250-750: 850 head,
47.00- wtd. avg. price 47.56; lot size
750 or more: 1,600 head, 45.50. Total
Composite: 8,016 head, 19.00-28.14, wtd.
avg. price 46.22.
PIGS, 45 LB BASIS, Estimated 50-54%
lean value: Lot size 750 or more; 8,200
head, 41.00-45.00, wtd. avg. price 43.25.
PIGS, 50 LB BASIS, Estimated 50-54%
lean value: Lot size 250-750: 500 head,
45.50.
Prices quoted on per head basis picked
up at sellers farms in NC, SC, GA, TN,
KY, At, MS,AR, MO,TX, OK. KS, IN,
OH, MI, CO, UT, and WY.
Prices do not included freight or bro
kers fees. Many lots of 40-60 lb
pigs sold with a .25-.40 per lb
slide. .Also, some lots of early
weaned pigs have a 1.00 per lb
sliding valued adjusted from a 10
lb basis. Early weaned pigs under
19 days old.
Estimated lean value is project
ed to base slaughter weights with
normal confinement feeding con
ditions. This report does not cover
any trades which include profit/
loss share agreements or any
other form of shared or retained
ownership agreement.
AMISHTOWN
GENERAL STORE, LLC
PiWAff ItiaKUa
FST7TI OBOSITTCHI
Nuts & Bolts By The Pound
Animal Health Supplies
Columbia, S.C.
April 18,2003
Report Supplied by USDA
National Feeder Cattle
Weekly Review
St. Joseph, Mo.
Friday, April 18,2003
Report Supplied By USDA
NATIONAL FEEDER & STOCKER
CATTLE SUMMARY - Week ending
Apr. 18 Total Receipts: 424,300; last
week 374,400; last year 266,100. Direct
87,900; last week 87,700; last year 44,700.
Video/Interaet 46,400; last week 24,000;
last year 7,600. Auctions 290,000; last
week 262,700; last year 213,800. This
week’s reporting auction volume included
48 percent over 600 lbs and 47 percent
heifers.
Compared to last week, feeder cattle
and calves traded mostly steady across
the nation; according to our federal and
state livestock market reporters that cover
major cattle auctions and direct trade
areas. A few early-week markets posted
higher prices and some of the late-week
sales were a bit lower following losses on
the futures market, but feeder and stacker
prices were generally unchanged. De
mand has leveled out for heavy yearlings,
but interest remains high for thin-fleshed
and aged old-crop calves and light year
lings to turn-out on summer grass. How
ever, these Stockers are becoming scarce
and the bulk of this weeks calf supply was
made up of fall-bom, fleshy bawlers.
These new-croppers are more attractive to
the eye but this fall they will be a mere
shadow of the weathered old-croppers
that have compensatory gain.
The spring winds are howling across
the Midwest and Plains states and while
the cowboys chase their new straw hats
across drying pastures, the farmers are
Fabricators of Galvanized Barn Equipment
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AQUASHADE IS:
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HUBER’S ANIMAL HEALTH SUPPLIES
810 Tulpehocken Rd., Myerstown, PA 17067 717-866-2246
Mon. 7:30 a.m. to 6 p.m.; Thurs. & Fri. 7:30 a.m to 8 p.m.;
Tues. & Wed 7:30 a.m. to 5 p.m.; Sat. 7:30 a.m. to Noon
planting com in the midst of a dust cloud.
Conditions are much wetter in the South
east, where pastures are looking their best
in years.
Slaughter cattle trading was light this
past week as not all major feedlots were
willing to accept packer bids at midweek,
and late-week trading was halted due to
Good Friday and the closing of the Chica
go Mercantile Exchange. Confirmed ne
gotiated sales of slaughter steers and heif
ers were only two-thirds of last weeks by
Friday afternoon, yet this weeks estimat
ed slaughter was 22,000 head more than a
week ago. Thursday’s April CME Live
Cattle spot futures settlement of 76.75
was at a 2.25 discount to the current cash
market and feedlots seem satisfied to
allow their green showlists to sit while the
packers exhaust their captive supplies.
The results of the April 1 USDA cattle
on-feed report were much as expected.
April Ist on-feed totals were 92 percent of
last year and March marketings were 99
percent of 2002. March feedlot
placements were a whopping 5 percent
higher than last year, although this was
exactly what most analysts expected. In
deed, all those wheat cattle were out there
and the outstanding gains were evident as
placements over 800 lbs were 12 percent
higher than last year. End of file