A2O-Lancaster Farming, Saturday, June 7, 2003 Midwest Dally Livestock Summary Amarillo, Texas June 3,2003 Report Supplied By USD A Five area direct slaughter cattle: slaughter steers and heifers on a live basis early sales steady at 80.00. STEERS: LIVE BASIS: Over 80% Choice 80.00- 80.40, wtd. avg. price 80.03; 65-80% Choice 79.50-81.50, wtd. avg. price 80.41; 35-65% Choice 76.00-80.00, wtd. avg. price 79.36. DRESSED BASIS: Over 80% Choice 127.00-130.00, wtd. avg. price 129.49; 65-80% Choice: 126.00-130.00, wtd. avg. price 128.32; 35-65% Choice 126.00- wtd. avg. price 127.82. HEIFERS: LIVE BASIS: Over 80% Choice 80.00; 65-80% Choice 79.00-80.00, wtd. avg. price 79.84; 35-65% Choice 76.00- wtd. avg. price 79.68. DRESSED BASIS: Over 80% Choice 127.00- wtd. avg. price 127.81; 65-80% Choice 126.00- 128.00, wtd. avg. price 127.20; 35-65% Choice 125.00- wtd. avg. price 127.75. At So. St. Paul terminal market, slaughter steers and heifers sold mostly steady. So St Paul: Steers; Choice 2-4 1253-1507 lbs 78.25-80.25. Select and Choice 2-3 1175-1340 lbs 75.75-76.50. Se lect 1-2, 1075-1360 lbs 72.00-74.00. Heif ers: Choice 2-3 1285-1312 lbs 79.25-81.00. At Sioux Falls terminal, market slaugh ter steers and heifers steady to 1.00 lower. Steers: Load Choice 2-3 qualifying for Natural Beef Program 1330 lbs 84.00. Few Choice 2-3, 1300-1433 lbs 78.70-79.50. High Select and Choice 2-3 1294-1334 lbs 78.00-79.20. Select and Choice 2-3 1150-1422 76.75-77.70. Heif ers: Few Choice 2-3 1171-1197 lbs 78.20-79.40. High Select and Choice 2-3 1120-1202 lbs 77.40-78.20. Estimated daily cattle slaughter under federal inspection week to date through Wednesday is 407,000 head compared to 271,000 last week and 401,000 a year ago. CME Futures Closes for Live Cattle: June 75.95, down 10; July 72.42, up 57; August 70.77, up 2. Slaughter cows at South St. Paul 1.00- lower. Premium White 70-75 percent lean over 1200 lbs 51.00-54.50, high dressing 54.50-56.50. Breakers 70-80 percent lean over 1100 lbs 49.00-52.00, high dressing 52.00-52.75. Boners 80-85 percent lean over 1050 lbs 47.00-50.00. Lean 85-90 percent lean over 850 lbs 43.00- Barrows and gilts at So. St. Paul, MN and Sioux Falls SD sold .50-1.00 higher with 220-270 lb 47-51% lean hogs moving at 45.00-45.50. The National direct trade Wisely BUILT - AGRICULTURAL CONSTRUCTION Bill Knisely 14 Cedar Ridge Drive Arnold Decker 814-692-4110 Port Matilda, PA 16870 717-369-3607 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 steady with prices ranging 53.25-64.50, wtd. avg. price 61.36. lowa-So. Minnesota direct trade closed steady to firm at 53.50-64.50, wtd. avg. average price 61.91. The Western Cornbelt closed weak with prices ranging 53.50-64.50, weighted average price 61.53. The Eastern Cornbelt prices were .50 higher ranging from 53.25-63.51, wtd. avg. price 61.12. Hog slaughter under federal inspection estimated week to date through Wednes day at 1,093,000 head compared to 735,000 a week ago and 1,129,000 a year ago. CME Future Closes for Lean Hogs; June 65.92, up 72; July 68.32, up 82; Au gust 68.94, up 77. Slaughter lambs traded steady at So. St. Paul, MN. Slaughter Lambs: New Crop: Spring; 110-130 lbs 106.00-108.00. Shorn; Old Crop: 120-140 lbs 104.00- 106.00. Wooled: Old Crop: 120-140 lbs 100.00-102.00. Sheep and lamb slaughter under feder al inspection estimated week to date through Wednesday at 36,000 head com pared to 25,000 a week ago head and 35,000 a year ago. National Carlot Meat Report Des Moines, IA June 3,2003 Report Supplied By USDA USDA Carlot Meat 4:00 Summary; Compared to Previous Day, Prices in Dol lars per hundredweight, Equated to FOB Omaha Basis. BOXED BEEF CUTS: Boxed beef cut out values firm on moderate demand and light to moderate offerings. Select and Choice rib, chuck, round, and loins cuts steady to firm. Beef trimmings mostly weak on light to moderate demand and moderate offerings. Estimated composite cutout value of Choice 1-3,600-750 lbs carcasses up .30 at 149.95, 750-900 lbs up .43 at 150.63; Se lect 1-3, 600-750 lbs up .25 at 134.36, 750-900 lbs up .25 at 134.24; based on 96.28 loads of Choice cuts, 130.78 loads of Select cuts, 25.99 loads of trimmings, and 49.08 loads of coarse ground trimmings. Estimated carcass price equivalent value of Choice 1-3,600-750 lbs down .86 at 132.94, 750-900 lbs down .78 at 133.37; Select 1-3, 600-750 lbs down 1.01 at 116.96, 750-900 lbs down .85 at 117.04. Current index reflects the equivalent of 207,403 head of cattle. NATIONAL 5 DAY-ROLLING CUT TER COW CUTOUT: The Cutter cow carcass gross cutout value was estimated at 98.37 down .75. By-Product Drop Value: Hide and offal from a typical slaughter steer was esti mated at 7.91, up .04. NATIONAL CARLOT PORK: Sales reported on 49.63 loads of pork cuts and 29.0 loads of trim/process pork. Com pared to Monday’s Close: Fresh loins 5.00 higher; butts 4.00 higher; sknd hams mostly steady; sdls bellies 2.00 higher; lean trimmings steady to 1.00 higher. Trading slow to moderate, with moderate to good demand and mostly light offer ings. Calculations for a 185 lb Pork Carcass 51-52 percent lean 0.80” -0.99” back fat at last rib 66.66, up 1.05. Loins bone in fresh ‘A inch trim 21 Ibs/down/light 122.00. Hams bone in trimmed, 17-20 lbs trim spec 1 45.00-46.00. Seedless bellies 12-14 lbs 105.00; 14-16 lbs 105.00; 16-18 lbs 103.00. CARLOT LAMB CARCASS: 3,109 head reported. 30-40 lbs 204.00 - 217.00; 40-45 lbs 204.00 - 217.00; 45-50 lbs 202.50 - 217.00; 50-55 lbs 202.50 - 217.00; 55-60 lbs 202.50 - 217.00; 60-65 lbs 202.50 - 217.00; 65-75 lbs 202.50 - 217.00; 75-85 lbs 202.50 - 217.00; 85 Ibs/up 200.72 - 209.00. Slaughter Cattle Weekly Review Oklahoma City, Okla. May 30,2003 Report Supplied By USDA NATIONAL SLAUGHTER CAT TLE SUMMARY - Week Ending May 30: Slaughter cattle 1.00-2.00 higher. Dressed sales 3.00 higher. Demand very good this holiday shortened week with very good clearance in all feeding areas. Packers struggled for numbers after last week’s short buy from feedlots. Cattle still being picked early and so the choice/select spread remains large. In dustry as a whole having a difficult time staying ahead of the extremely good con sumer demand for beef despite record prices on the retail level. Feedlots have stayed ahead of their marketing sched ules and as long as the demand holds up the summer fed markets should hold its own as well. Boxed beef prices Friday continue to inch higher and opening at an average of 140.95 up 6.29 from last Friday. Sales of slaughter cattle on a na tional basis for negotiated cash trades were large at 327,600 through IOdW u.m. Friday. Last week’s full count was mini mal at 135,642. STEERS AND HEIFERS: MID- Where Simple Goodness begins.™ Saluting all dairy farmers during June Dairy Month. 405 Park Drive ♦ Carlisle, PA 17013 ♦ 1-800645-MILK WEST DIRECT MARKETS: Live Basis: 35-80 percent Choice, 900-1400 lbs 78.00- wted avg 79.94. Dressed Basis: 35-80 percent Choice, 550-950 lbs. 126.00- wted avg 127.78. HIGH PLAINS DIRECT MARKETS: Live Basis: 35-65 percent Choice, 900-1400 lbs 78.50-81.50, wted avg 80.00. SLAUGHTER COWS AND BULLS (Average Yielding): Slaughter cows 1.00- higher. Slaughter bulls 1.00- higher. Packer demand ex tremely good this holiday shortened week. USDA’s Cutter cow carcass cut- Five-Area Weekly Average Direct Slaughter Cattle St. Joseph, Mo., June 2, 2003 - USDA Market News Service Sales in Texas/Oklahoma; Kansas; Nebraska; Colorado; and lowa/Minnesota Feedlots for Week Ending Sunday, June 1, 2003 Confirmed Sales: 317,167; Week Ago: 135,642; Year Ago: 172,863 LIVE FOB BASis SALES - Beef Breeds: SLAUGHTER STEERS: Head Count Over 80% Choice 4 594 65-80% Choice 17,614 35-80% Choice 75,235 1-35% Choice 3,665 TOTAL all grades 101,108 SLAUGHTER HEIFERS. Over 80% Choice 65-80% Choice 35-65% Choice 1-35% Choice TOTAL all grades DRE SLA! 2,018 9,582 60,377 1,089 73,066 ERS' Over 80% Choice 2,140 682-834 65-80% Choice 14,561 680-905 35-65% Choice 25,565 666-880 1-35% Choice 635 747-805 TOTAL all grades 42,891 666-905 SLAUGHTER HEIFERS Over 80% Choice 387 677-788 65-80% Choice 7,152 667-820 35-65% Choice 18,010 651-791 1-35% Choice TOTAL all grades 25,549 651-820 Weekly Weighted Averages: Live Steer Dressed Heifer Dressed Steer Dressed Heifer Same Period Li Live Steer Live Heifer Dressed Steer Dressed Heifer Same Period 1,: Live Steer Live Heifer Dressed Steer Dressed Heifer out value closed Thursday at 99.21 up 4.24 from last Friday. COWS: Breakers 75-80% lean 1000-1600 lbs: Colorado 43.50-46.50; Ok lahoma 41.00-44.50; Alabama 42.50- Boners 80-85% lean 900-1500 lbs: Colorado 43.50-46.50; Ok lahoma 40.00-43.50; Alabama 43.50- Lean 85-90% lean 850-1400 lbs: Colorado 38.50-42.00; Oklahoma 38.00-41.50; Alabama 38.00-41.00. BULLS: 88-92% lean 1500-2200 lbs: Colorado 53.00-57.00; Oklahoma 50.50-53.50; Alabama 54.00-59.00. Price Weight Range 1200-1350 1100-1375 1050-1360 1100-1365 1050-1375 Range 77.00- 77.00- 77.00- 78 00-80.50 77.00- 1050-1275 78 50-82.00 1050-1325 78 00-81 00 1025-1350 78.00-81 00 1100-1150 80.00-80 00 1025-1350 78.00-82.00 iIS SALES - Beef Breeds: 126.00-128.00 124.00- 124.00- 128.00- 124.00-130.00 126.00-128 00 125.00- 124.00- 124.00-130.00 Avg. Weight 1,240 1,125 802 726 Head Count 101,188 73,066 42,891 25,549 29,125 28,202 26,118 15,542 1,217 1,116 795 727 1,246 63.71 1,134 63.70 817 102.02 742 101.57 47,428 35,164 39,982 21,064 Avg. Avg. Weight Price 1,279 80 50 1,262 79.90 1,234 79.96 1,207 79.85 1,240 79.97 79.98 79.98 80 03 80.00 80.02 1,154 1,142 1,122 1,116 1,125 127 78 128 31 127.59 128 00 127.85 812 806 799 772 802 734 1127.30 729 127 77 724 127.39 726 127.50 Avg. Price 79.97 80.02 127.85 '• 127.50 78.35 78.55 / 124.86 ► 124.89
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