Livestock Price & Production Tables – Week of Mar 2, 2012


Mississippi Auction Markets
Weight Steers Heifers Slaughter Cows, Bulls, and Replacements
300-350 $220 $230 $190 $200 Boning (80-85% lean) $79 $88
350-400 $195 $220 $180 $190 Boning (high-yielding) $88 $97
400-450 $185 $200 $170 $180 Lean $74 $84
450-500 $185 $200 $160 $170 Bulls, YG 1-2, <1,500 lbs $83 $98
500-550 $175 $185 $150 $160 Bulls, YG 1-2, >1,500 lbs $95 $111
550-600 $160 $175 $150 $160
600-650 $152 $164 $140 $150 Sm/Mdm Cow-Calf Pairs $850 $1,150
650-700 $152 $164 $140 $150 Mdm/Lg Cow-Calf Pairs $1,300 $1,700
700-750 $145 $156 $135 $145 Sm/Mdm Replacements $700 $1,100
750-800 $145 $156 $135 $145 Mdm/Lg Replacements $1,000 $1,400
Volume (head): vs Last Week vs Last Year
under 600 lbs 13.9% 29.4%
over 600 lbs 23.4% 62.9%
Slaughter Cows -2.3% 0.2%
Rep. Females 24.3% 7.4%
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*
Mar $158.10 +0.42 $6.60 +0.193 $13.25 +0.460
Apr $130.08 +0.57 $161.33 +1.05
May $162.83 +0.88 $6.54 +0.095 $13.31 +0.438
Jun $127.30 -0.45
Jul $6.55 +0.088 $13.38 +0.428
Aug $129.70 -0.50 $164.03 +0.65 $13.19 +0.290
Sep $163.50 +0.78 $6.04 +0.153 $13.05 +0.268
Oct $134.33 +0.17 $163.30 +0.85
Nov $163.30 +0.90 $12.96 +0.253
Dec $135.20 +0.57 $5.66 +0.080
Jan $162.10 +0.70 $13.01 +0.258
Feb $135.20 +0.30
Source: Chicago Mercantile Exchange and Chicago Board of Trade.
*Change from last Friday’s close.
Feeder Calf Markets (price for M&L #1-2 steers)
750-800 lbs 500-550 lbs
Mississippi $150.50 $180.00
OKC $150.00 $184.76
Lexington, KY $145.75 $177.50
Joplin, MO $151.78 $178.55
Tulia, TX $155.50 NQ
Price and Production Summary
This Week Last Week Last Year
5-Area Fed Steer Price
   Live $ 128.92 $ 126.47 $ 112.39
   Dressed $ 205.02 $ 201.14 $ 180.33
OKC Feeder Cattle Prices
   7.5-8 wt M&L #1 steer $ 155.30 $ 157.12 $ 127.41
   5-5.5 wt M&L #1 steer $ 190.32 $ 187.93 $ 158.24
BBCV (weekly avg.)
   600-900 lb Choice cutout $ 198.51 $ 195.42 $ 172.67
   600-900 lb Select cutout $ 194.56 $ 191.71 $ 172.06
   Choice Rib Value $ 284.95 $ 277.38 $ 238.81
   Choice Chuck Value $ 162.38 $ 161.44 $ 153.77
Other Livestock Prices
   Barrows and Gilts (base price) $ 84.60 $ 86.35 $ 80.88
   Pork Carcass Cutout $ 85.23 $ 85.76 $ 91.35
   Georgia Dock Broilers $ 91.05 $ 90.87 $ 85.73
   Georgia Dock B/S Breasts $ 155.00 $ 149.50 $ 148.50
   Georgia Dock Leg Quarters $ 54.00 $ 54.00 $ 42.00
Feed Prices ($/ton)
   Whole Cottonseed1 $ 243.00 $ 250.00 $ 238.00
   Cottonseed Meal1 $ 195.00 $ 190.00 $ 260.00
   Corn Gluten Meal (60%)1 $ 465.00 $ 445.00 $ 550.00
   Soybean Hulls1 $ 170.00 $ 175.00 $ 158.00
   Soybean Meal (48%)1 $ 355.90 $ 343.00 $ 371.90
   Wheat Midds1 N/A N/A N/A
   Corn Gluten Feed2 $ 156.50 $ 156.50 $ 169.00
   Corn Gluten Pellets (21%)3 $ 212.50 $ 212.50 $ 212.50
   Soybean Hull Pellets3 $ 195.00 $ 197.50 $ 180.00
   Distillers’ Dried Grains4 $ 209.00 $ 202.50 $ 208.00
   Rice Bran5 $ 152.50 $ 165.00 $ 150.00
Meat Production (million lbs)
   Beef 488.5 465.1 498.3
   Pork 447.9 441.2 445.0
Slaughter (1,000 head)
   Cattle 621 592 643
   Hogs 2,150 2,120 2,140
   Broilers/Fryers 152,636 153,026 159,233
Avg. Dressed Weight
   Cattle 788 788 778
   Hogs 209 208 208
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) $ 430.00 NoReport $ 399.50 7.6%
Ammonium Nitrate $ 492.50 NoReport $ 436.00 13.0%
13-13-13 $ 515.00 NoReport $ 439.00 17.3%
17-17-17 $ 580.00 NoReport $ 552.50 5.0%
DAP (18%N, 46%P) $ 671.50 NoReport $ 707.50 -5.1%
Potash $ 638.00 NoReport $ 575.00 11.0%
Lime $ 37.50 NoReport $ 42.50 -11.8%
Farm Diesel $ 3.64 NoReport $ 3.10 17.6%
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 $98.34 NQ $105.03
5×5 or 5×6 Roll NQ $100.00 NQ $93.00
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
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