Kentucky Feeder
Cattle Sales
Lexington, Ky.
September 2,2003
Report Supplied By USDA
BLUE GRASS STOCKYARDS Daily
Auction Report as of 11:00 a.m. Est. re
ceipts 2,000 head. Compared to last week:
Steer and heifer calves 1.00 to 2.00 higher.
Yearling steers and heifers firm to 2.00
higher. Holsteins steady to 2.00 higher.
FEEDER STEERS: Medium and
Large 1: 300-350 lbs 110.00-116.50,
350-400 lbs 108.00-109.50; 400-450 lbs
100.00- 450-500 lbs 98.00-107.00;
SOO-SSO lbs 95.00- 105.00, few 550-600 lbs
94.00- 600-700 lb calves 88.00-93.00,
600-700 lb yearlings 94.00-99.75; 700-800
lbs 92.00-101.00, including 39 headfbbwf)
713 lbs 101.00, 24 head(blk) 734 lbs 97.00
& 26 head(mixed) 739 lbs 95.50; 800-900
lbs 86.50-91.50, including 59 head(mixed)
835 lbs 90.70; few 900-1000 lbs
81.00- HOLSTEINS: Large 3: 4
head 323 lbs 82.00; 400-500 lbs
76.00- 500-600 lbs 73.00-86.50; 13
head 740 lbs 73.75; 1000-1100 lbs
57.50-64.00; 1200-1600 lbs 54.75-57.50.
BULL CALVES: Medium and Large 1:
300-400 lbs 100.00-113.00; 400-500 lbs
96.00- 500-600 lbs 88.00-101.50;
600-700 lbs IB .00-90.00; 700-800 lbs
75.00- 800-900 lbs 69.50-74.50;
900-1000 lbs 67.00-69.00.
FEEDER HEIFERS: Medium and
Urge 1 few 300-400 lbs 97.00-109.00;
400-500 lbs 89.00-99.00; 500-600 lbs
88.00-100.70, including 54 head(mixed)
522 lbs 100.70; 600-700 lbs 84.00-94.50;
700-800 lbs 84.00-89.00; 15 head (blk-
Charx) 809 lbs 85.25.
m
Thurs., Fri. & Sat. September 18, 19 &
Sale Hours: Thurs. & Fri. 7:30 a.m. to 8 p.m., Sat. 8 a.m. to 2 p
VISIT OUR LARGE SHOWROOM
National Feeder Cattle
Weekly Review
St. Joseph, Mo.
August 29,2003
Report Supplied By USDA
NATIONAL FEEDER & STOCKER
CATTLE SUMMARY - Week Ending
Aug. 29 Total Receipts: 316,800; last
week 420,300; last year 320,000. Direct:
86,800; last week 110,800; last year
97,300. Video/Intemet: 12,200; last week
83,100; last year 5,600. Auctions: 215,300,
last week 226,400; last year 217,100. This
weeks reported auction volume included
39 percent over 600 lbs and 42 percent
heifers.
Compared to last week, feeder steers
and heifers sold steady to 2.00 higher.
Some places calves under 500 lbs, espe
cially fleshy and or unweaned, were
steady to 5.00 lower. Feeder demand fired
up by a red hot slaughter cattle market.
Drought conditions continue to spread
out and cover a wider area. Prospects for
fall wheat grazing not looking too good.
Scattered showers a teaser and quickly
gone with 100 plus temperatures. Nicer
weather promised for next week. The di
rect feedlot trade on slaughter steers and
heifers another 1.00-2.00 higher this
week; 81.00-82.00 down south and 82.00-
83.50 up north with few in Nebraska
84.00. Boxed beef cutouts 4.00-5.00 higher
with Choice late in the week 143.50. This
is with slaughter running well over
700,000 head per week. Very good con
sumer demand for a wholesome supply of
beef. Feedlots are current and slaughter
weights 46 lbs below a year ago. Year to
date beef production is 0.6 percent below
a year ago but head slaughtered is up 0.9.
However, there are some dark clouds on
the horizon. Canada began to ship beef
back into the U.S. this week. No live cat
tle crossing the boarder yet. Authorities
promise there will be no flooding the mar
kets and imports may not really get un
derway until December.
Despite some dry spots USDA is pre
dicting a record corn harvest this fall. A
lot of hay was put up in early spring be
fore the rains disappeared. Live cattle fu
tures following the uptrends and the
CME Feeder Cattle Index is at an all time
record high. A recent survey showed that
40 percent of the beef cow inventory is
within an area experiencing a moderate
or a more intense drought. This is delay
ing herd expansions. Everything is look
ing roses.
Dont even think about the conse
quences should there be a mad cow or
similar incident in the US.
NATIONAL WEEKLY LAMB RE
PORT for week ending Monday, Sept. 1:
SLAUGHTERED LAMB PRIOR
WEEK: From Forward Contracts: Do
mestic 0; Imported 0. From Formula Ar
rangements: Domestic 20,551 head; Im
ported: 0.
SLAUGHTERED PACKER OWNED
SHEEP: DOMESTIC: 2,051 head, 45-79
lbs, avg. 72 lbs; dressing 50%; Choice
98.8%. IMPORTED: None.
FORWARD CONTRACT PUR
CHASES: No trade reported.
FORMULA PURCHASES: DOMES
TIC: 2,747 head, 54-65 lbs, avg. 60.8 lbs;
170.00-181.91, wtd. avg. 176.10; 15,601
head, 65-75 lbs, avg. 71.9 lbs;
172.33- wtd. avg. price 176.63;
1,019 head, 65-85 lbs, avg. 79.0 lbs;
172.34- wtd. avg. price 181.92. IM
PORTED: None reported.
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National Weekly
Lamb Report
Des Moines, lowa
September 3,2003
Report Supplied By USDA
Lancaster Farming, Saturday, September 6, 2003-Al9
Eastern Combelt Direct
Feeder Cattle Weekly
Springfield, 01.
August 29,2003
Report Supplied By USDA
Eastern Combelt Direct Feeder Cattle
Summary Illinois, Indiana, Michigan,
and Ohio Compared to last week, feed
er cattle were firm to 3.00 higher. Trading
was moderate and demand was moderate
to good. Strong demand and tight sup
plies of feeder cattle pushed the market
higher. Reported sales consisted of about
44% beef steers, 49% heifers and 7% Hol
stein steers. Approximately 87% of the
cattle marketed this week weighed over
600 lbs. Confirmed sales 1500 this week,
700 last week and 500 last year.
FEEDER STEERS: Medium and
Large 1-2: load lot 550 lbs 104.50; 650-725
lbs 95.00-99.00; 800-875 lbs 87.50-91.00.
HOLSTEIN STEERS: Medium and
Large 3; 800-1000 lbs 70.00-72.50.
FEEDER HEIFERS: Medium and
Large 1-2: 625-725 lbs 90.00-91.00;
725-875 lbs 87.00-90.00.
Prices are based FOB the farm unless
otherwise indicated. Delivered prices in
clude freight, commissions, and other ex
penses.
Slaughter Cattle
Weekly Review
Oklahoma City, Okla.
August 29,2003
Report Supplied By USDA
NATIONAL SLAUGHTER CATTLE
SUMMARY - Week Ending Aug. 29:
Slaughter cattle traded 1.00-2.00 higher
than last week pushing the southern
plains common price to 82.00. Packers
competing hard for available supplies and
again buying the showlist by Tuesday.
Higher bids after major movement was
complete encouraged sellers to hold for
another possible round of strong buying
next week. Feedlots remain very current.
c.
Retail beef demand holding strong. Esti-
mated slaughter projected large and
should match last week. Boxed beef prices
Friday a.m. averaged 137.23 up 3.22 from
last Friday, a Sales of slaughter cattle on
a national basis for negotiated cash trades
were fully adequate for available numbers
at 250,000 through 10:00 a.m. Friday.
Last week’s full count was 281,300 head.
STEERS AND HEIFERS; MIDEWST
DIRECT MARKETS: Live Basis: 35-80
percent Choice, 900-1400 lbs 81.00-84.00,
wtd avg 83.00. Dressed Basis: 35-80 per
cent Choice, 550-950 lbs. 129.00-132.50,
wted avg 131.50. HIGH PLAINS DI-
RECT MARKETS: Live Basis: 35-65 per-
cent Choice, 900-1400 lbs 80.00-83.00,
wtd avg 81.75.
SLAUGHTER COWS AND BULLS
(Average Yielding): Slaughter cows and
bulls firm to 2.00 higher. Demand good
for cows, especially big breakers and
boners needed to replace loss of Canadian
cow supply for packers in the far north.
USDA’s Cutter cow carcass cut-out value
closed Thursday at 98.86 up 79 cents
from last Thursday.
COWS: Breakers 75-80% lean
1000-1600 lbs: Colorado 45.00-48.50; Ok-
lahoma 46.00-48.50; Alabama
39.50-43.50. Boners 80-85% lean 900-1500
lbs: Colorado 43.50-47.00; Oklahoma
44.00-47.50; Alabama 40.00-43.00. Lean
85-90% lean 850-1400 lbs: Colorado
40.00-43.50; Oklahoma 40.50-44.00; Ala-
bama 35.00-38.00.
BULLS: 88-92% lean 1500-2200 lbs:
Colorado 55.50-59.00; Oklahoma
53.00-56.50; Alabama 50.00-55.00.
20
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