Oklahoma Feeder
Cattle Weekly
Oklahoma City, OK
June 3,2003
Report Supplied By USDA
OKLAHOMA NATIONAL STOCK
YARDS, Weekly Cattle Summary
Compared to last major test two weeks
ago: Feeder steers and heifers 4.00-6.00
higher. Stockers and calves 1.00-3.00
higher. Demand excellent for the large
run. Very current feedlot conditions,
strong profits throughout the wholesale
cattle and beef complex, and a positive
start to the corn crop are all fueling the
strong demand for feeder cattle. Flesh
conditions of feeders a major plus for buy
ers as wheat bloom is all but gone and
premium grass flesh more common. Qual
ity average with improved flesh condi
tions. Feeder cattle in slightly thin to
moderate flesh conditions and improved
for buyers. Weigh-ups average.
Compared to last week: Slaughter cows
and bulls weak to 2.00 lower. Packer de
mand still good but off some from robust
demand of last week. Demand for re
placements moderate. Large string of 900
cows from one ranch sold and these stim
ulated interest. Cows were good quality
black and black white face stock cows but
in poor flesh condition. Body condition
score averaging 4 or Cutter-low Cutter
condition. Total of 1215 cows and bulls
sold with 35 percent to packers.
Receipts this week 20,923; last week
2,465; last year 16,648. Supply consisted
of 82% yearlings over 600 lbs; 12% calves;
6% cows and bulls. Heifers comprised
45% of feeder and calf supply.
Prices follow with weighted average
weight and price in parenthesis.
FEEDER STEERS: Medium and
Large 1: few 400-500 lbs (450 )
100.00-110.50 (109.01); 500-550 lbs (519
lbs) 100.00-105.50 (103.91); 550-600 lbs
(573 lbs) 94.00-101.00 (97.27); 600-650 lbs
(616 lbs) 90.00-96.25 (94.36); 650-700 lbs
(678 lbs) 89.50-96.00 (92.09), few 6 wt
calves 87.00-88.50; 700-750 lbs (730 lbs)
86.75- (88.80); 750-800 lbs (778 lbs)
83.00- 89.25 (86.53); 800-850 lbs (824 lbs)
81.75- (84.32); 850-900 lbs (883 lbs)
77.75- (80.53); 900-950 lbs (923 lbs)
77.50-81.25 (79.81); 950-1000 lbs (978 lbs)
77.75- (78.06); 1000-1075 lbs
75.75- Holsteins: Large 3 450-575
lbs 74.50-75.75; 800 lbs 66.75; 975 lbs
61.25.
FEEDER HEIFERS: Medium and
Large 1:300-400 lbs (350 lbs) 98.00-119.50
(115.18); 400-500 lbs (450 lbs) 89.50-98.00
(96.49); 500-600 lbs (550 lbs) 87.00-95.50,
fleshy 82.00-89.00 (90.17); 600650 lbs
(622 lbs) 86.00-91.00 (87.74); 650-700 lbs
(680 lbs) 82.00-87.50 (85.54); 700-800 lbs
(750 lbs) 79.50-85.25 (83.70); 800-875 lbs
(850 lbs) 75.75-81.75 (77.83); 900-950 lbs
(923 lbs) 73.50-77.50 (76.03).
National Feeder Cattle
Weekly Review
St. Joseph, Mo.
Friday, May 30,2003
Report Supplied By USDA
NATIONAL FEEDER & STOCKER
CATTLE SUMMARY - Week Ending
May 30 Total Receipts: 277,100, last
week 289,100; last year 204,600. Direct:
83,300, last week 55,000, last year 54,100.
Video/Intemet; 31,300, last week 22,700,
last year none. Auctions: 162,500, last
week 211,400, last year 150,500. This
week’s reported auction volume included
44 percent over 600 lbs and 46 percent
heifers.
Compared to last week, feeder cattle
auction receipts were light as most Mon
day sales were closed for Memorial Day.
However, mid to late-week auctions saw
active trading and prices that ranged
from firm to 5.00 higher as buyers
struggled for numbers on this holiday
week. Southeastern calf markets trended
steady to 3.00 higher and direct sales in
the Plains states were called steady to
1.00 higher. There was a noticeable in
crease in early-fall contracting, especially
in Kansas, but this is expected to taper off
until later this summer as buyers are re
luctant at current levels and sellers have
dollar signs for eyes.
All classes of cattle and beef products
are at or near record price levels as de
mand outweighs supply. Americans evi
dently scarfed down plenty of hamburg
ers and steaks over the Memorial Day
Weekend, despite rainy weather along the
Eastern Seaboard. Boxed beef cut-out val
ues continue to post all-time highs with
heavy Choice carcasses ending the week
at 149.99, which compares to 117.32 last
year. Also this week, major packers pur
chased a whopping 341,000 head through
Friday morning from 80.00-81.00 live and
mostly 128.00 in the beef. Feeder markets
continue to follow suit as several sale
barns in the Northern Plains quoted 7
weight steers up to 90.00, not to mention
a string in Kearney, Nebraska with a fa
vorable weigh-up that brought 92.35. The
only foreseeable bump in the road to these
record quotes is the lifting of the ban on
Canadian cattle and beef imports. Offi
cials are already talking about opening
the border to veal and certain muscle cuts
from younger cattle. Hopefully the media
will be as kind to the industry when im
porting resumes as they were when the
positive case of BSE was confirmed. Cat
tle producers along the northern tier of
the United States are in no hurry to open
the border, as they have been cashing-in
on slaughter cow prices in the high 50s.
Lancaster County Pennsylvania report
ed high Choice and Prime steers as high
as 89.00 and locals are looking into con
verting armored cars into cattle trucks.
Lancaster Farming, Saturday, June 7, 2003-A2l
East Coast and North
Central Veal Report
Des Moines, lowa
June 4,2003
Supplied By USDA
CARLOT VEAL CARCASS REPORT,
June 2: Compared to trading last week;
Northeast special fed veal trading 5.00 to
7.00 higher on light offerings and good
demand. North Central hide on trading
1.00-3.00 higher on light offerings and
good demand and hide off unsettled on
light test. Undertone firm to higher.
VEAL CARCASS, SPECIAL FED,
HOT BASIS, FOB PRODUCTION
POINTS. Northeast 600 head. North
Central 585 head. Hide-On, 240-300 lbs:
North Central 169.00-178.00. Hide-Off,
215-275 lbs; Northeast: 210.00-212.00;
North Central 185.00-187.00.
CONTRACT INFORMATION: Hot
Basis, Hide-Off (As of June 4, 2003)
Contract calves slaughtered this week:
185.00- Packers base market
185.00- Future contracts offered;
Firm Bottom 190.00-192.00, Firm Top
202.00- Firm Bottom, 192.00, Split
Half Top 212.00. Fixed 194.00 and
195.00.
• North Central - OH, IN, 11, MI & WI.
•Northeast - MA, MD, PA, NY, NJ,
DE.CT&VT.
WEEKLY DISTRIBUTIVE, LESS
THAN CARLOT, EAST COAST AREA
VEAL CUTS TRADE, SPECIAL FED:
Market for Tuesday, June 3 Compared
to last week: Distributive special fed cuts
are trading unsettled, mostly firm to high
er on good demand and light offerings
due to the U.S./Canada border being
closed due to BSE in Canada. Retail and
food service cuts are seeing good move
ment this week as buyers see offerings
light.
Prices per CWT; Carcass, hide off
200-250 lb 240-250.00; Foresaddles 85-110
lb 175-195.00; Kosher Foresaddles 90-110
lb 195-215.00; Hindsaddles 85-115 lb
290-310.00; Loins, regular 17-25 lb
280-310.00; Loins, 4x4 trmd 12-18 lb
425-475.00; Hotel Racks, 8 rib 15-21 lb
425-475.00,7 rib 14-20 lb 440-540.00,6 rib
13-17 lb 500-650.00; Chuck, square cut
36-47 lb 110-150.00; Shoulder, full 14-20
lb 140-170.00; Legs, double 70-90 lb
290-325.00, TBS 3-plece 24-32 lb
590-650.00, BHS heel-out 27-35 lb
400-495.00; Top Round, trmd, cap-off
8-10 lb 700-850.00; Breast 10-12 lb
75-85.00; Necks, bone-in 24-28 lb
120-130.00; Stew Meat, regular
190-275.00; Boneless Trimmings 75-80%
lean 63-75.00; Heavy .Nature Green
Hides, per piece 40-42.50.
Tennessee Feeder
Cattle Sales
Nashville, Tenn.
June 3,2003
IReport Supplied By USD A
Tennessee Weighted Average report for
Monday, June 2, at Lexington and Union
ville. Receipts 1,285 calves and feeders
(25 pet over 600 lbs). Trend: Feeder steers
1.00 to 5.00 higher. Feeder heifers steady
to 4.00 higher. Average weights and aver
age prices in parentheses.
FEEDER STEERS: Medium and
Large 1-2: 19 head, 300-400 lb (340)
100.00-115.00 (105.66); 25 head, 400-500
lb (450) 89.00-106.00 (98.04); 74 head,
500-600 lb (552) 83.00-99.50 (92.68); 57
head, 600-700 lb (636) 74.00-92.00 (87.05);
21 head, 700-800 lb (740) 76.00-84.00
(79.69). Med./Lge. 3: 13, 300-400 lb (358)
81.00- (92.49); 22 head, 400-500 lb
(447) 75.50-97.00 (86.50); 18 head,
500-600 lb (542) 72.00-86.00 (79.12).
FEEDER HEIFERS: Med./Lge. 1-2: 26
head, 300-400 lb (361) 86.00-106.00
(94.43); 68 head, 400-500 lb (462)
80.00- (85.37); 94 head, 500-600 lb
(543) 75.00-89.50 (83.07); 46 head,
600-700 lb (651) 72.00-83.00 (77.42); 12
head, 700-800 lb (728) 61.00-77.50 (73.08);
16 head, 800-900 lb (728) 61.00-77.50
(73.08); 16 head, 800-900 lb (842)
67.50-72.50 (70.32). Med./Lge. 3: 16 head,
300-400 lb (355) 75.00-92.00 (83.49); 37
head, 400-500 lb (446) 72.00-86.00 (79.19)
35 head, 500-600 lb (545) 60.00-79.00
(73.90); 10 head, 600-700 lb (647)
60.00- (67.50).
FEEDER BULLS: Med./Lge. 1-2: 8
head, 300-400 lb (378) 95.00-106.00
(100.58); 63 head, 400-500 lb (453)
85.00- (94.44); 50 head, 500-600 lb
(551) 78.00-90.50 (84.46); 36 head,
600-700 lb 71.00-87.00 (73.64).
National Sheep Summary
San Angelo, Texas
June 3,2003
Report Supplied By LSD A
At midwest market centers all classes
steady. At New Holland, PA slaughter
lambs steady to weak; slaughter ewes
4.00-6.00 lower. At San Angelo, TX
slaughter lambs weak to 2.00 lower;
slaughter ewes steady to 3.00 lower. Esti
mated receipts 9500 head for a one day
sale.
SLAUGHTER LAMBS: Choice and
Prime 2-3 90-150 lbs; San Angelo: shorn
and wooled new crop 90-130 lbs
100.00- few old crop 100-135 lbs
93.00- Midwest: shorn
104.00- wooled 100.00-102.00; new
crop 106.00-110.00. New Holland: 90-125
lbs 116.00-130.00. Virginia: no test.
SLAUGHTER EWES: San Angelo:
Good and Choice 2-4 20.00-35.00; Good
2-3 35.00-40.00; Utility and Good 1-3
40.00- UtiUty 1-2 35.00-40.00; Cull
and Utility 1-2 20.00-37.00. Midwest:
Utility and Good 1-3 30.00; Cull 1
20.00- New Holland: Utility and
Good 1-3 24.00-40.00, few 42.00. Billings:
Good 2-3 28.00-33.50; few 18.00-28.50;
Utility 1-2 23.00-30.00; Cull 10.00-17.00.
Virginia; no test.
FEEDER LAMBS: Medium and Large
1-2; San Angelo: new crop 70-90 lbs
105.00- Midwest: new crop 50-70
lbs 100.00-110.00; 70-90 lbs 90.00- 100.00.
Virginia: no test. Billings: 45-55 lbs
107.00- 60-70 lbs 106.00-113.00;
70-80 lbs 109.50-112.50; 80-90 lbs
110.00- 90-100 lbs 108.50-115.00.
REPLACEMENT EWES: Medium
and Large 1-2: San Angelo: Solid mouth
ewes 100-145 lbs 40.00-49 00 cwt; baby
tooth 115-130 lbs 45.50-49.00 cwt. Bill
ings: Ewe lambs 84 lbs 94.50, mixed age
ewes 131-150 lbs 42.00 cwt.