Livestock Price & Production Tables – Week of Mar 9, 2012


Mississippi Auction Markets
Weight Steers Heifers Slaughter Cows, Bulls, and Replacements
300-350 $210 $225 $190 $205 Boning (80-85% lean) $78 $87
350-400 $195 $210 $175 $190 Boning (high-yielding) $88 $98
400-450 $190 $200 $160 $175 Lean $73 $84
450-500 $180 $190 $160 $175 Bulls, YG 1-2, <1,500 lbs $85 $98
500-550 $165 $180 $145 $160 Bulls, YG 1-2, >1,500 lbs $95 $84
550-600 $165 $180 $145 $160
600-650 $150 $160 $135 $148 Sm/Mdm Cow-Calf Pairs $950 $1,100
650-700 $150 $160 $135 $148 Mdm/Lg Cow-Calf Pairs $1,000 $1,500
700-750 $135 $150 $126 $140 Sm/Mdm Replacements $750 $1,150
750-800 $135 $150 $126 $140 Mdm/Lg Replacements $900 $1,300
Volume (head): vs Last Week vs Last Year
under 600 lbs -21.5% 43.0%
over 600 lbs -11.2% 50.1%
Slaughter Cows -10.7% -7.1%
Rep. Females -10.7% 4.5%
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 $153.93 -4.17 $6.54 -0.060 $13.32 +0.068
Apr $126.03 -4.05 $155.85 -5.47
May $157.15 -5.67 $6.45 -0.085 $13.38 +0.072
Jun $123.60 -3.70
Jul $6.44 -0.113 $13.45 +0.067
Aug $126.15 -3.55 $158.93 -5.10 $13.38 +0.190
Sep $158.93 -4.57 $5.96 -0.075 $13.19 +0.135
Oct $131.20 -3.13 $159.20 -4.10
Nov $159.30 -4.00 $13.05 +0.092
Dec $132.60 -2.60 $5.63 -0.035
Jan $158.70 -3.40 $13.07 +0.063
Feb $133.05 -1.85
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 $142.50 $172.50
OKC $154.48 $188.02
Lexington, KY $145.25 $179.50
Joplin, MO $150.19 $182.65
Tulia, TX $151.00 187.5
Price and Production Summary
This Week Last Week Last Year
5-Area Fed Steer Price
   Live $ 126.77 $ 128.92 $ 117.92
   Dressed $ 201.82 $ 205.02 $ 189.33
OKC Feeder Cattle Prices
   7.5-8 wt M&L #1 steer $ 154.50 $ 155.30 $ 126.84
   5-5.5 wt M&L #1 steer $ 199.82 $ 190.32 $ 160.91
BBCV (weekly avg.)
   600-900 lb Choice cutout $ 196.65 $ 198.51 $ 177.34
   600-900 lb Select cutout $ 194.27 $ 194.56 $ 176.21
   Choice Rib Value $ 286.00 $ 284.95 $ 244.38
   Choice Chuck Value $ 159.00 $ 162.38 $ 156.21
Other Livestock Prices
   Barrows and Gilts (base price) $ 84.83 $ 84.60 $ 83.00
   Pork Carcass Cutout $ 84.55 $ 85.23 $ 91.06
   Georgia Dock Broilers $ 91.86 $ 91.05 $ 85.97
   Georgia Dock B/S Breasts $ 157.50 $ 155.00 $ 156.00
   Georgia Dock Leg Quarters $ 54.50 $ 54.00 $ 44.00
Feed Prices ($/ton)
   Whole Cottonseed1 $ 240.00 $ 243.00 $ 245.00
   Cottonseed Meal1 $ 207.50 $ 195.00 $ 260.00
   Corn Gluten Meal (60%)1 $ 510.00 $ 465.00 $ 550.00
   Soybean Hulls1 N/A $ 170.00 $ 158.00
   Soybean Meal (48%)1 $ 374.20 $ 355.90 $ 372.40
   Wheat Midds1 180 N/A 215
   Corn Gluten Feed2 $ 156.50 $ 156.50 $ 168.00
   Corn Gluten Pellets (21%)3 $ 212.50 $ 212.50 $ 217.50
   Soybean Hull Pellets3 $ 190.00 $ 195.00 $ 180.00
   Distillers’ Dried Grains4 $ 212.50 $ 209.00 $ 207.50
   Rice Bran5 $ 145.00 $ 152.50 $ 135.00
Meat Production (million lbs)
   Beef 497.0 488.5 492.0
   Pork 444.5 447.9 448.5
Slaughter (1,000 head)
   Cattle 631 621 637
   Hogs 2,132 2,150 2,155
   Broilers/Fryers 151,968 152,636 157,199
Avg. Dressed Weight
   Cattle 789 788 775
   Hogs 209 209 208
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) $ 430.00 430 $ 399.50 7.6%
Ammonium Nitrate $ 492.50 492.5 $ 436.00 13.0%
13-13-13 $ 515.00 515 $ 439.00 17.3%
17-17-17 $ 580.00 580 $ 552.50 5.0%
DAP (18%N, 46%P) $ 671.50 671.5 $ 707.00 -5.0%
Potash $ 638.00 638 $ 575.00 11.0%
Lime $ 37.50 37.5 $ 37.50 0.0%
Farm Diesel $ 3.66 3.64 $ 3.30 10.9%
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 $98.34
5×5 or 5×6 Roll NQ 100 NQ $100.00
Bahia
4×5 Roll NQ 100 NQ $100.00
5×5 or 5×6 Roll NQ 87 NQ $87.00
Prices are $/ton
Source:  USDA-AL Dept of Ag, Market News, Montgomery, AL
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