Livestock Price & Production Tables – Week of Mar 23, 2012


Mississippi Auction Markets
Weight Steers Heifers Slaughter Cows, Bulls, and Replacements
300-350 $185 $200 $180 $190 Boning (80-85% lean) $78 $85
350-400 $185 $200 $170 $180 Boning (high-yielding) $85 $99
400-450 $175 $190 $155 $170 Lean $72 $87
450-500 $175 $190 $155 $170 Bulls, YG 1-2, <1,500 lbs $83 $97
500-550 $170 $180 $145 $155 Bulls, YG 1-2, >1,500 lbs $95 $108
550-600 $155 $170 $145 $155
600-650 $150 $160 $140 $150 Sm/Mdm Cow-Calf Pairs $800 $1,150
650-700 $140 $150 $130 $140 Mdm/Lg Cow-Calf Pairs $1,000 $1,500
700-750 $130 $140 $111 $130 Sm/Mdm Replacements $70 $1,100
750-800 $130 $140 $111 $130 Mdm/Lg Replacements $900 $1,300
Volume1 (head): vs Last Week vs Last Year
under 600 lbs -3.4% 9.2%
over 600 lbs -0.4% 32.1%
Slaughter Cows 1.0% -3.4%
Rep. Females -2.1% -0.1%
Note: Steer and heifer prices are for medium and large frame, numbers 1-2.
1- Four Week Rolling Average
Source: USDA Agricultural Marketing Service

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Futures Prices
Month Live Cattle Change* Feeder Cattle Change* Corn Change* Soybeans Change*
Mar $153.28 -0.10 $5.68 -0.165 $13.05 -0.110
Apr $124.60 -1.05 $152.43 -1.88
May $153.45 -2.43 $6.45 -0.288 $13.65 -0.115
Jun $121.05 -1.60
Jul $6.46 -0.255 $13.73 -0.095
Aug $123.20 -1.33 $156.13 -1.60 $13.61 -0.043
Sep $156.80 -1.42 $5.79 -0.268 $13.26 -0.225
Oct $128.40 -1.45 $156.80 -1.40
Nov $157.00 -1.25 $13.22 -0.070
Dec $129.85 -1.55 $5.55 -0.200
Jan $156.50 -2.00 $13.22 -0.060
Feb $130.75 -4.15
Source: Chicago Mercantile Exchange and Chicago Board of Trade.
*Change from last Friday’s close.

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Feeder Calf Markets (price for M&L #1-2 steers)
750-800 lbs 500-550 lbs
Mississippi $135.00 $175.00
OKC $153.14 $180.18
Lexington, KY $134.50 $176.00
Joplin, MO $148.63 $183.98
Tulia, TX $150.50 $166.84

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Price and Production Summary
This Week Last Week Last Year
5-Area Fed Steer Price
   Live $ 126.58 $ 126.34 $ 114.25
   Dressed $ 203.14 $ 202.23 $ 187.51
OKC Feeder Cattle Prices
   7.5-8 wt M&L #1 steer $ 152.79 $ 156.17 $ 128.78
   5-5.5 wt M&L #1 steer $ 194.40 $ 188.42 $ 162.24
BBCV (weekly avg.)
   600-900 lb Choice cutout $ 189.62 $ 191.24 $ 187.66
   600-900 lb Select cutout $ 188.11 $ 189.81 $ 185.58
   Choice Rib Value $ 282.41 $ 282.61 $ 261.44
   Choice Chuck Value $ 151.63 $ 278.95 $ 162.19
Other Livestock Prices
   Barrows and Gilts (base price) $ 81.92 $ 85.81 $ 82.91
   Pork Carcass Cutout $ 80.50 $ 83.70 $ 93.06
   Georgia Dock Broilers $ 92.74 $ 92.44 $ 86.16
   Georgia Dock B/S Breasts $ 163.50 $ 159.50 $ 159.50
   Georgia Dock Leg Quarters $ 54.50 $ 54.00 $ 46.50
Feed Prices ($/ton)
   Whole Cottonseed1 $ 255.00 $ 246.00 $ 247.00
   Cottonseed Meal1 $ 237.50 $ 220.00 $ 252.50
   Corn Gluten Meal (60%)1 $ 510.00 $ 510.00 $ 560.00
   Soybean Hulls1 $ 160.00 $ 160.00 $ 160.00
   Soybean Meal (48%)1 $ 372.90 $ 374.20 $ 379.40
   Wheat Midds1 $ 195.00 $ 205.00 $ 180.00
   Corn Gluten Feed2 $ 148.00 $ 149.00 $ 180.00
   Corn Gluten Pellets (21%)3 $ 212.50 $ 212.50 $ 211.00
   Soybean Hull Pellets3 $ 190.00 $ 190.00 $ 180.00
   Distillers’ Dried Grains4 $ 214.50 $ 213.50 $ 200.00
   Rice Bran5 $ 142.50 $ 142.50 $ 140.00
Meat Production (million lbs)
   Beef 477.7 488.3 486.1
   Pork 444.8 453.3 441.3
Slaughter (1,000 head)
   Cattle 605 619 632
   Hogs 2,132 2,174 2,116
   Broilers/Fryers 152,864 151,601 159,886
Avg. Dressed Weight
   Cattle 792 791 772
   Hogs 209 209 209
Source: USDA Agricultural Marketing Service
1-Memphis; 2-St. Louis; 3-Alabama; 4-E. Corn Belt; 5-Arkansas

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Southeastern Fertilizer and Farm Diesel Prices
This Week Last Week Last Year Y-o-Y% Change
Liquid N (28% spread) $ 430.00 $ 430.00 $ 439.50 -2.2%
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 $ 567.50 2.2%
DAP (18%N, 46%P) $ 671.50 $ 671.50 $ 707.00 -5.0%
Potash $ 647.00 $ 647.00 $ 584.50 10.7%
Lime $ 37.50 $ 37.50 $ 37.50 0.0%
Farm Diesel $ 3.68 $ 3.63 $ 3.40 8.2%
Source:  USDA- AL Dept of Ag, Market News, Montgomery, AL
Fertilizer prices are $/ton, Diesel prices are $/gal for <1,000 gallons

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Southeastern Hay Market Report
This Week Last Week
Good Premium Good Premium
Bermuda
4×5 Roll NQ $107.78 NQ $101.49
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 $80.00 NQ $87.00
Prices are $/ton
Source:  USDA-AL Dept of Ag, Market News, Montgomery, AL
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