Livestock Price & Production Tables – Week of Mar 16, 2012


Mississippi Auction Markets
Weight Steers Heifers Slaughter Cows, Bulls, and Replacements
300-350 $210 $225 $175 $200 Boning (80-85% lean) $80 $87
350-400 $200 $210 $167 $175 Boning (high-yielding) $87 $96
400-450 $190 $200 $155 $170 Lean $74 $84
450-500 $170 $190 $155 $170 Bulls, YG 1-2, <1,500 lbs $85 $99
500-550 $160 $175 $145 $160 Bulls, YG 1-2, >1,500 lbs $95 $112
550-600 $160 $175 $145 $160
600-650 $150 $160 $130 $147 Sm/Mdm Cow-Calf Pairs $850 $1,300
650-700 $145 $150 $130 $147 Mdm/Lg Cow-Calf Pairs $1,000 $1,500
700-750 $135 $140 $127 $137 Sm/Mdm Replacements $700 $1,100
750-800 $135 $140 $127 $137 Mdm/Lg Replacements $850 $1,300
Volume1 (head): vs Last Week vs Last Year
under 600 lbs 5.2% 7.7%
over 600 lbs 0.7% 24.1%
Slaughter Cows -0.7% -15.7%
Rep. Females -4.3% -4.3%
Note: Steer and heifer prices are for medium and large frame, numbers 1-2.
1- Four Week Rolling Average
Source: USDA Agricultural Marketing Service

[==]

Futures Prices
Month Live Cattle Change* Feeder Cattle Change* Corn Change* Soybeans Change*
Mar $153.38 -0.55 $5.85 -0.695 $13.16 -0.158
Apr $125.65 -0.38 $154.30 -1.55
May $155.88 -1.28 $6.73 +0.283 $13.77 +0.388
Jun $122.65 -0.95
Jul $6.71 +0.270 $13.82 +0.373
Aug $124.53 -1.63 $157.73 -1.20 $13.65 +0.278
Sep $158.23 -0.70 $6.05 +0.093 $13.48 +0.293
Oct $129.85 -1.35 $158.20 -1.00
Nov $158.25 -1.05 $13.29 +0.237
Dec $131.40 -1.20 $5.75 +0.125
Jan $158.50 -0.20 $13.28 +0.212
Feb $132.20 -2.70
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 $137.50 $167.50
OKC $152.07 $182.00
Lexington, KY $142.38 $178.00
Joplin, MO $146.92 $187.31
Tulia, TX $150.00 NQ

[==]

Price and Production Summary
This Week Last Week Last Year
5-Area Fed Steer Price
   Live $ 126.34 $ 126.77 $ 114.29
   Dressed $ 202.23 $ 201.82 $ 184.78
OKC Feeder Cattle Prices
   7.5-8 wt M&L #1 steer $ 156.17 $ 154.50 $ 128.49
   5-5.5 wt M&L #1 steer $ 188.42 $ 199.82 $ 158.17
BBCV (weekly avg.)
   600-900 lb Choice cutout $ 0.00 $ 196.65 $ 186.88
   600-900 lb Select cutout $ 0.00 $ 194.27 $ 185.42
   Choice Rib Value $ 0.00 $ 286.00 $ 257.12
   Choice Chuck Value $ 0.00 $ 159.00 $ 163.41
Other Livestock Prices
   Barrows and Gilts (base price) $ 85.81 $ 84.83 $ 79.68
   Pork Carcass Cutout $ 83.70 $ 84.55 $ 91.91
   Georgia Dock Broilers $ 92.44 $ 91.86 $ 86.13
   Georgia Dock B/S Breasts $ 159.50 $ 157.50 $ 155.50
   Georgia Dock Leg Quarters $ 54.00 $ 54.50 $ 45.00
Feed Prices ($/ton)
   Whole Cottonseed1 $ 246.00 $ 240.00 $ 242.00
   Cottonseed Meal1 $ 220.00 $ 207.50 $ 255.00
   Corn Gluten Meal (60%)1 $ 510.00 $ 510.00 $ 565.00
   Soybean Hulls1 $ 160.00 N/A $ 160.00
   Soybean Meal (48%)1 $ 374.20 $ 374.20 $ 370.80
   Wheat Midds1 $ 205.00 $ 180.00 $ 190.00
   Corn Gluten Feed2 $ 149.00 $ 156.50 $ 180.00
   Corn Gluten Pellets (21%)3 $ 212.50 $ 212.50 $ 213.50
   Soybean Hull Pellets3 $ 190.00 $ 190.00 $ 180.00
   Distillers’ Dried Grains4 $ 213.50 $ 212.50 $ 196.50
   Rice Bran5 $ 142.50 $ 145.00 $ 140.00
Meat Production (million lbs)
   Beef 488.3 497.0 475.5
   Pork 453.3 444.5 445.2
Slaughter (1,000 head)
   Cattle 619 631 618
   Hogs 2,174 2,132 2,138
   Broilers/Fryers 151,601 151,968 163,126
Avg. Dressed Weight
   Cattle 791 789 772
   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) $ 430.00 $ 430.00 $ 399.50 7.6%
Ammonium Nitrate $ 492.50 $ 492.50 $ 439.50 12.1%
13-13-13 $ 515.00 $ 515.00 $ 485.00 6.2%
17-17-17 $ 580.00 $ 580.00 $ 560.00 3.6%
DAP (18%N, 46%P) $ 671.50 $ 671.50 $ 707.00 -5.0%
Potash $ 647.00 $ 638.00 $ 584.50 10.7%
Lime $ 37.50 $ 37.50 $ 37.50 0.0%
Farm Diesel $ 3.63 $ 3.66 $ 3.45 5.4%
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 $101.49 NQ $98.34
5×5 or 5×6 Roll NQ $100.00 NQ $100.00
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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