Livestock Price & Production Tables – Week of Feb 10, 2012


Mississippi Auction Markets
Weight Steers Heifers Slaughter Cows, Bulls, and Replacements
300-350 $200 $220 $175 $185 Boning (80-85% lean) $77 $85
350-400 $190 $200 $160 $175 Boning (high-yielding) $85 $92
400-450 $180 $195 $155 $171 Lean $70 $80
450-500 $175 $180 $155 $171 Bulls, YG 1-2, <1,500 lbs $85 $92
500-550 $175 $184 $142 $155 Bulls, YG 1-2, >1,500 lbs $91 $102
550-600 $162 $175 $142 $155
600-650 $155 $165 $135 $148 Sm/Mdm Cow-Calf Pairs $1,000 $1,400
650-700 $145 $155 $135 $148 Mdm/Lg Cow-Calf Pairs $1,000 $1,300
700-750 $137 $152 $126 $140 Sm/Mdm Replacements $800 $1,100
750-800 $137 $152 $126 $140 Mdm/Lg Replacements $900 $1,300
Volume: vs Last Week vs Last Year
<600 -19.0% 25.0%
>600 -21.7% 76.0%
Sltr Cows -15.7% -24.2%
Replace. -36.4% -29.6%
Note: Steer and heifer prices are for medium and large frame, numbers 1-2.
Source: USDA Agricultural Marketing Service

Futures Prices
Month Live Cattle Change* Feeder Cattle Change* Corn Change* Soybeans Change*
Feb $123.95 +0.25
Mar $153.60 -0.83 $6.31 -0.118 $12.31 -0.010
Apr $127.00 -0.40 $155.73 -1.28
May $157.28 -1.10 $6.34 -0.150 $12.38 -0.030
Jun $126.00 -0.90
Jul $6.39 -0.163 $12.46 -0.050
Aug $128.33 -0.53 $158.85 -0.90 $12.44 +0.112
Sep $158.35 -1.03 $5.82 -0.220 $12.40 +0.120
Oct $131.35 -1.00 $158.75 -0.65
Nov $158.75 -0.65 $12.40 +0.050
Dec $132.35 -0.80 $5.60 -0.208
Jan $159.10 +0.00 $12.37 -0.050
Source: Chicago Mercantile Exchange and Chicago Board of Trade.
*Change from last Friday’s close.
Price and Production Summary
This Week Last Week Last Year
5-Area Fed Steer Price
Live $ 123.25 $ 123.77 $ 105.30
Dressed $ 195.00 $ 200.00 $ 169.54
OKC Feeder Cattle Prices
7.5-8 wt M&L #1 steer $ 153.73 $ 178.41 N/Q
5-5.5 wt M&L #1 steer $ 191.10 $ 183.34 N/Q
BBCV (weekly avg.)
600-900 lb Choice cutout $ 185.98 $ 183.34 $ 169.24
600-900 lb Select cutout $ 180.97 $ 178.41 $ 168.02
Choice Rib Value $ 260.20 $ 252.32 $ 236.38
Choice Chuck Value $ 156.64 $ 157.16 $ 154.73
Other Livestock Prices
Barrows and Gilts (base price) $ 84.10 $ 85.14 $ 86.32
Pork Carcass Cutout $ 84.99 $ 84.51 $ 88.97
Georgia Dock Broilers $ 90.44 $ 90.32 $ 85.18
Georgia Dock B/S Breasts $ 147.50 $ 149.00 $ 140.00
Georgia Dock Leg Quarters $ 53.00 $ 53.50 $ 39.00
Feed Prices ($/ton)
Whole Cottonseed1 $ 230.00 $ 240.00 $ 230.00
Cottonseed Meal1 $ 190.00 $ 200.00 $ 250.00
Corn Gluten Meal (60%)1 $ 445.00 $ 445.00 $ 540.00
Soybean Hulls1 $ 175.00 $ 180.00 $ 155.00
Soybean Meal (48%)1 $ 337.50 $ 323.70 $ 394.90
Wheat Midds1 $ 155.00 $ 160.00 $ 175.00
Corn Gluten Feed2 $ 155.50 $ 155.00 $ 152.50
Corn Gluten Pellets (21%)3 $ 215.00 $ 210.00 $ 195.00
Soybean Hull Pellets3 $ 200.00 $ 207.50 $ 177.50
Distillers’ Dried Grains4 $ 199.50 $ 196.50 $ 196.50
Rice Bran5 $ 175.00 $ 192.50 $ 125.00
Meat Production (million lbs)
Beef 470.2 461.4 496.1
Pork 443.9 446.6 449.3
Slaughter (1,000 head)
Cattle 602 592 637
Hogs 2,130 2,137 2,156
Broilers/Fryers 153,419 154,723 153,321
Avg. Dressed Weight
Cattle 783 781 782
Hogs 209 209 209
Source: USDA Agricultural Marketing Service
1-Memphis; 2-St. Louis; 3-Alabama; 4-E. Corn Belt; 5-Arkansas
Southeastern Fertilizer and Farm Diesel Prices
This Week Last Week Last Year Y-o-Y% Change
Liquid N (28% spread) $ 445.00 $ 435.00 $ 384.50 15.7%
Ammonium Nitrate $ 492.50 $ 465.00 $ 411.00 19.8%
13-13-13 $ 515.00 $ 515.00 $ 436.50 18.0%
17-17-17 $ 623.50 $ 615.00 $ 532.50 17.1%
DAP (18%N, 46%P) $ 682.50 $ 742.50 $ 692.00 -1.4%
Potash $ 666.50 $ 650.00 $ 565.00 18.0%
Lime $ 33.50 $ 37.50 $ 42.50 -21.2%
Farm Diesel $ 3.46 $ 3.50 $ 2.99 15.7%
Source: USDA- AL Dept of Ag, Market News, Montgomery, AL
Fertilizer prices are $/ton, Diesel prices are $/gal for <1,000 gallons
Southeastern Hay Market Report
This Week Last Week
Good Premium Good Premium
Bermuda
4×5 Roll NQ $103.33 $86.32 $105.93
5×5 or 5×6 Roll NQ $67.00 NQ NQ
Bahia
4×5 Roll NQ $100.00 NQ $100.00
5×5 or 5×6 Roll NQ $87.00 NQ $87.00
Prices are $/ton
Source: USDA-AL Dept of Ag, Market News, Montgomery, AL
Feeder Calf Markets (price for M&L #1-2 steers)
750-800 lbs 500-550 lbs
Mississippi $144.50 $179.50
OKC $148.97 $177.03
Lexington, KY $140.50 $163.00
Joplin, MO NQ $173.93
Tulia, TX NQ NQ
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