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Eastern Combelt Direct
Feeder Cattle Weekly
Springfield, lIL
November 21,2003
Report Supplied By USDA
Eastern Combelt Direct Feeder Cattle Sum
mary Illinois, Indiana, Michigan, and Ohio
Compared to last week, feeder steers were un
evenly steady in a light market test Heifers
were firm to 1.00 higher. Demand and trading
activity were moderate. Trading slowed at
week’s end. There is still excellent demand for
heavier weight feeder cattle but they are hard to
find in load lot quantities. Confirmed sales
about 26% beef type steers, 72% heifers and 2%
Holstein Steen. Approximately 86% of the cattle
marketed this week weighed over 600 Ib.Con
firmed sales 1550 this week, 1300 last week and
2100 last year.
FEEDER STEERS: Med/Lge. 1-2: 450-550 lb
102-104.00; 575-725 lb 96-102.50.
HOLSTEIN STEERS: Med./Lge. 3: load lot
1060 lb 76.00.
FEEDER HEIFERS: Med7Lge.l-2: 600-67 S
lb 101.00; 700-775 lb 95.50-98.00; 775-800 lb
89-93.50.
Prices are based FOB the farm unless other-
wise indicated. Delivered prices include freight.
commissions, and other expenses.
NOTE; This report will not be issued next
week due to the office being closed for the
Thanksgiving holiday.
Midwest Daily
Livestock Summary
Amarillo, Texas
November 25,2003
Report Supplied By USD A
In the direct slaughter cattle trade in the five major marketing
areas on Tuesday, live and dressed sales in Nebraska 2.00-3.00 high
er, live sales in Kansas mostly 2.00 higher; live and dressed sales not
hilly established in other areas. STEERS; LIVE BASIS: over 80%
Choice 101.50-105.00, wtd. avg. 103.59; 65-80% Choice 100.00-103.00,
wtd. avg. 101.47; 35-65% Choice 97.00-103.00, wtd. avg. 100.67.
DRESSED BASIS: over 80% Choice 160.00-161.00, wtd. avg. 160.44;
65-80% Choice 158.00-162.00, wtd. avg. 160.46; 35-65% Choice
159.00- wtd. avg. 160.74. HEIFERS; LIVE BASIS: over 80%
Choice 102.00-103.00, wtd. avg. 102.43; 65-80% Choice 100.00-103.00,
wtd. avg. 101.68; 35-65% Choice 100.00-103.00, wtd. avg. 101.07.
DRESSED BASIS; over 80% Choice 158.00-160.00, wtd. avg. 159.55;
65-80% Choice 160.00-162.00, wtd. avg. 160.35; 35-65% Choice
159.00- wtd. avg. 160.43.
Terminal markets; So St Paul slaughter steers and heifers sold 1.00
higher Steers. Choice 2-4 1202-1368 lbs 104.00. Heifers: Choice 2-3
1201 lbs 102.50
Cattle slaughter under federal inspection on Tuesday was estimat
ed at 131,000 head compared to 126,000 a week ago and 131,000 a
year ago. Week to date 254,000 head compared to 242,000 a week ago
and 262,000 a year ago
CME Futures Closes for Live Cattle Nov 100 90, up. 35, Feb 91.80,
up 35; Dec 96.97, up 70, Apr 83.05, up Al\ Jan 94.25, up 35; Jun
76.35, up 70.
Slaughter cows at South St. Paul sold steady to 1.00 higher Premi
um White 70-75 percent lean 59,00-62.00, high dressing 62 00-63.50.
Breakers 70-80 percent lean 56.00-59.00, high dressing 59.00-61.00.
Boners 80-85 percent lean 53.00-56 00, high dressing 56.00-58.00.
Lean 85-90 percent lean 49.00-53.00.
At South St Paul and Sioux Falls terminal markets, barrows and
gilts sold steady to firm with 47-50 percent lean 220-270 lbs selling
from 34.00- 36.50 The direct trade prices are based on 185 lbs hog
carcass with 09-1.1 inch back fat and 6 inch square lom/2.0 inch
depth plant delivered. National direct trade barrows and gilts were
steady with prices ranging from 38.25-49.32, wtd. avg. price 46.66.
lowa-Minnesota was .50-.75 higher at 38.50-49.32, wtd. avg. price
47 54 Western Cornbelt sold firm at 38.25-49.32, wtd. avg. price
47.36 and Eastern Cornbelt was steady at 38.50-47.86, wtd. avg. price
45.63.
Hog slaughter under federal inspection on Tuesday was estimated
at 394,000 head compared to 392,000 a week ago and 393,000 a year
ago Week to date 788,000 head compared to 776,000 a week ago and
793,000 a year ago.
CME Futures Closes for Lean Hogs Dec 49.17, down 45; May
60.25, down .37, Feb 53.07, down .47, Jun 63.82, unch; Apr 56.95,
down 17, Jul 61.12, down .17
Slaughter lambs were steady on Tuesday at So. S.t Paul Shorn.
120-140 lbs 84.00-86.00. Wooled: 120-140 lbs 82.00-84.00.
Sheep and lamb slaughter under federal inspection on Tuesday was
estimated at 14,000 head compared to 13,000 a week ago and 13,000
a year ago ,Week to date 25,000 head compared to 23,000 a week ago
and 27,000 a year ago.
FARM SHOW 2004
What a treat we have in store for the annual Lancaster
Farming issue of Farm Show!
Scheduled for the Jan. 10 issue: features from farmers who
are going to the winter agricultural showcase event at the
Farm Show Complex and their experiences in attending the
great event in Harrisburg. Also scheduled: the ,x
annual FFA Keystone Degree winners and a com
plete schedule of events, including the many SSL
demonstrations for farmers during Farmer Days.
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National Carlo!
Meat Report
Des Moines, IA
November 25,2003
Report Supplied By USDA
USDA Carlo! Meat 4:00 Summary: Com
pared to Previous Day, Prices in Dollars per
hundredweight, Equated to FOB Omaha Basis.
BOXED BEEF CUTOUTS; Boxed beef cut
out values lower on light to moderate demand
and moderate offerings. Select and Choice
chuck, round, and loin cuts lower, while rib cuts
generally steady. Beef trimmings steady to firm
on light to moderate demand and offerings.
Estimated composite cutout value of Choice
1-3, 600-750 lbs carcasses down 2.08 at 161.97,
750-900 lbs down 1.44 at 161.08; Select 1-3,
600-750 lbs down 1.74 at 146.42, 750-900 lbs
down 1.06 at 145.05; baaed on 90.98 loads of
Choice cuts, 111.32 loads of Select cuts, 24.33
loads of trimmings, and 71.25 loads of coarse
ground trimmings.
Estimated carcass price equivalent value of
Choice 1-3, 600-750 lbs down 1.05 at 153.84,
750-900 lbs down .63 at 153.25; Select 1-3,
600-750 lbs down .88 at 136.11, 750-900 lbs
down .45 at 135.24. Current index reflects the
equivalent 0f283,657 head of cattle.
NATIONAL 5 DAY-ROLLING CUTTER
COW CUTOUT: The Cutter cow carcass gross
cutout value was estimated at 104.41, up 1.10.
By-Product Drop Value: Hide and offal from
a typical slaughter steer was estimated at 10.01,
up .04.
NATIONAL CARLOT PORK: Sales report
ed on 89.75 loads of pork cuts and 38.0 loads of
trim/process pork.
Compared to Monday’s close: Fresh retail
cuts generally steady; skinned hams 17-20 lbs
4.00-5.00 lower, 20-27 lbs steady to 2.00 lower;
seedless bellies not established; lean trimmings
steady to 2.00 higher. Trading slow to moder
Hot Dipped Galvanized,
Gatorshield Galvanized
Products
• Gutter Grates
ate, with light to moderate demand and moatly
moderate offering!.
Calculations for a 185 lb Pork Carcass 51-52
percent lean 0.80” -o.99’”back Cat at last rib
54,93, down .02. Loins bone In fresh W Inch trim
21 Ibs/down light 84.00-90.00. Hams hone in
trimmed, 17-20 lbs trim spec 1 48.00-49.00;
20-23 lbs trim spec 145.00-47.00.
CARLOT LAMB CARCASS: 2,717 head re
ported. 30-40 lbs 184.00 - 195.00; 40-45 lbs
179.00 -195.00; 45-50 lbs 178.00 • 183.00; 50-55
lbs 178.00 - 190.00; 55-60 lbs 178.00 - 184.00;
60-65 lbs 178.00 - 184.00; 65-75 lbs 178.00 -
184.00; 75-85 lbs 177.00 • 184.00; 85 Ibs/up
167.00-167.00.
Slaughter Cattle
Weekly Review
Oklahoma City, Okla.
November 21,2003
Report Supplied By USDA
NATIONAL SLAUGHTER CATTLE SUM
MARY - Week Ending November 21 - Com
pared to last week: Slaughter cattle trade mod
erate in the north with market 3.00-4.00 lower
on live basis and 2.00 lower dressed. The poor
yields and grading performance of many cattle
is creating the noticeable disparity between live
and dressed trades. Trade turned active in the
southern plains Friday with brisk movement at
98.00, steady to 2.00 lower. Packers are battling
negative margins and ate in need of Inventory
despite the upcoming short kill week. Packets
expecting decent beef demand following Holi
day weekend. Boxed beef values Friday am av
eraged 157.50 up 224 from last Friday. Sales of
slaughter cattle on a national basis for negotiat
ed cash trades wen 137,450 head through noon
Friday with movement increasing rapidly at
time of this report Last week’s foil count was
very light at 102,650 head.
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Midwest Direct Markets: Live Basis: Steen
and Heifers: 35-80 percent Choice, 900-1400 lbs
98.00-100.00, wtd avg 99.00. Dressed Basis:
Steen and Heifers: 35-80 percent Choice,
550-950 lbs. 155.00-160.00, wtd avg 157.70.
High Plains Direct Markets: Live Basis:
Steen and Heifers: 35-65 percent Choice,
900-1400 lbs 96.00-100.80, wtd avg 98.00.
Slaughter Cows and Bulls (Average Yielding
Prices): Slaughter cow and bull demand uneven
with clear cut directions of trend vague. De
mand best In deep south with market 2.00-5.00
higher. Minor rise in Oklahoma for cows at
steady to 1.00 higher, however Colorado cows
2.00 lower. USDA’s Cutter cow carcass cut-out
value closed Thursday at 102.87, up 1.07 from
last Friday.
COWS: Breakers 75-80% lean 1100-1600 lbs:
Colorado 46.00-49.25; Oklahoma 51.00-54.50;
Alabama 41.00-54.00. Boners 80-85% lean
1000-1500 lbs: Colorado 45.00-48.00; Oklahoma
49.00-51.75; Alabama 49.00-52.00. Lean 85-90%
lean 950-1400 lbs: Colorado 41.00-44.50; Okla
homa 46.00-49.00 Alabama 42.00-45.00.
BULLS: 88-92% lean 1500-2200 lbs: Colorado
59.0063.00; Oklahoma 56.50-60.00; Alabama
54.0061.00.
Direct Slaughter Cattle
Daily Market Review
SL Joseph, Mo.
November 25,2003
Report Supplied By USDA
NATIONAL SLAUGHTER CATTLE
REVIEW as of 2 p.m. Tuesday Trade
active on good demand in Nebraska.
Trade light to moderate in all other nuyor
feeding areas. Live sales in Nebraska were
2.00- higher than last Thursday at
101.50-102.00 r and dressed sales also
2.00- higher at 160.00-161.00. Few
early live sales in Colorado 5.00-6.00
higher than last week at 102.00-103.00. In
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Kansas a few early live sale* were 2.00
higher than last Friday at 100.00. Not
enough sales in Texas for an adequate
market test, the last established market
was Friday at 90.00.
Negotiated sate: Confirmed; 40,889
Week ago; 1,016 Year ago: 910 Week to
Date: 45,348 Week ago: 3,748 Year ago:
3,257.
Negotiated: Prices Paid for Domestic
Slaughter Steers and Heifers: (Informa
tion derived from the 5 area weighted av
erage.):
STEERS: LIVE BASIS: Over 80%
Choice 101.50-105.00 avg 103.59; 65-80%
Choice 100-103.00 avg 101.47; 35-65%
Choice 97-103.00 avg 100.67; 0-35%
Choice 98-100.00 avg 98.84. Total all
grades 97-105.00, avg 100.85. DRESSED
BASIS: Over 80% Choice 160-161.00 avg
160.44; 65-80% 158-162.00 avg 160.46;
35-65% Choice 159-162.00 avg 160.74;
0-35% Choice 161.50. Total all grades
158-162.00 avg 160.68.
HEIFERS: LIVE BASIS: Over 80%
Choice 102-103.00 avg 102.43; 65-80%
Choice 100-103.00 avg 101.68; 35-65%
100-103.00 avg 101.07; 0-35% Choice
100.00. Total all grades 100-103.00 avg
101.22. DRESSED BASIS: Over 80%
Choice 158-160.00 avg 159.55; 65-80%
Choice 160-162.00 avg 160.35; 35-65%
Choice 159-162.00 avg 160.43; 0-35%
Choice no quotes. Total all grades
158-162.00 avg 160.33.
FORMULA PURCHASES: Prices es
tablished on previous reporting day for
slaughtered cattle. Beef Type: Domestic:
8,600 head, weighted avg weight 806 lbs;
wtd avg net price: 163.39.
Covers transactions reported at 2:00
p.m. today. Comments and market condi
tions may include information gathered
from voluntary sources, all prices, weights
and head counts are only those gathered
through the mandatory reporting system.
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