Livestock Price and Production Tables – Week of May 11, 2012


 

Mississippi Auction Markets
Weight Steers Heifers Slaughter Cows, Bulls, and Replacements
300-350 $200 $220 $180 $200 Boning (80-85% lean) $80 $93
350-400 $185 $200 $165 $180 Boning (high-yielding) $90 $98
400-450 $175 $190 $155 $165 Lean $76 $85
450-500 $165 $175 $155 $165 Bulls, YG 1-2, <1,500 lbs $98 $108
500-550 $150 $167 $150 $164 Bulls, YG 1-2, >1,500 lbs $100 $114
550-600 $150 $167 $140 $150  
600-650 $145 $155 $130 $143 Sm/Mdm Cow-Calf Pairs $975 $1,200
650-700 $140 $145 $115 $130 Mdm/Lg Cow-Calf Pairs $1,100 $1,500
700-750 $130 $144 $120 $130 Sm/Mdm Replacements $700 $1,050
750-800 $130 $144 $120 $130 Mdm/Lg Replacements $1,000 $1,300
Volume1 (head): vs Last Week vs Last Year  
under 600 lbs 6.2% 3.1%
over 600 lbs -7.3% -15.5%
Slaughter Cows 1.1% -11.3%
Rep. Females 5.0% -6.3%
Note: Steer and heifer prices are for medium and large frame, numbers 1-2.
1- Four Week Rolling Average
Source: USDA Agricultural Marketing Service

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Futures Prices
Month Live Cattle Change* Feeder Cattle Change* Corn Change* Soybeans Change*
May     $149.68 -2.88 $6.08 -0.54 $14.04 -0.71
Jun $115.13 -0.25            
Jul         $5.81 -0.39 $14.06 -0.72
Aug $117.65 -0.85 $157.45 -0.65     $13.94 -0.65
Sep     $158.60 -0.62 $5.11 -0.24 $13.51 -0.48
Oct $122.55 -1.25 $159.98 -0.19        
Nov     $160.58 -0.43     $13.21 -0.46
Dec $125.50 -1.65     $5.05 -0.19    
Jan     $161.18 +0.48     $13.21 -0.42
Feb $127.10 -1.62            
Mar     $161.75 +1.95 $5.17 -0.19    
Apr $128.80 -1.32 $159.20 -0.20        
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 $137.00 $158.50
OKC $144.46 $180.41
Lexington, KY $133.00 $169.50
Joplin, MO $142.04 $172.31
Tulia, TX $142.99 $167.07

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Price and Production Summary
  This Week Last Week Last Year
5-Area Fed Steer Price      
   Live $ 120.88 $ 120.16 $ 113.17
   Dressed $ 192.16 $ 190.90 $ 183.15
OKC Feeder Cattle Prices      
   7.5-8 wt M&L #1 steer $ 148.36 $ 145.93 $ 128.99
   5-5.5 wt M&L #1 steer $ 184.30 $ 187.05 $ 148.65
BBCV (weekly avg.)      
   600-900 lb Choice cutout $ 190.37 $ 190.66 $ 176.54
   600-900 lb Select cutout $ 184.71 $ 186.37 $ 170.80
   Choice Rib Value $ 269.44 $ 269.91 $ 262.59
   Choice Chuck Value $ 158.29 $ 158.08 $ 145.24
Other Livestock Prices      
   Barrows and Gilts (base price) $ 75.47 $ 76.10 $ 89.49
   Pork Carcass Cutout $ 79.23 $ 78.22 $ 93.08
   Georgia Dock Broilers $ 93.48 $ 92.91 $ 86.22
   Georgia Dock B/S Breasts $ 173.00 $ 164.50 $ 148.00
   Georgia Dock Leg Quarters $ 55.00 $ 54.50 $ 49.00
Feed Prices ($/ton)      
   Whole Cottonseed1 $ 260.00 $ 260.00 $ 310.00
   Cottonseed Meal1 $ 267.50 $ 265.00 $ 267.50
   Corn Gluten Meal (60%)1 $ 439.50 $ 535.00 $ 560.00
   Soybean Hulls1 $ 150.00 $ 150.00 $ 160.00
   Soybean Meal (48%)1 $ 535.00 $ 443.50 $ 360.90
   Wheat Midds1 $ 160.00 $ 150.00 $ 195.00
   Corn Gluten Feed2 $ 151.00 $ 151.50 $ 175.00
   Corn Gluten Pellets (21%)3 $ 205.00 $ 205.00 $ 202.50
   Soybean Hull Pellets3 $ 192.50 $ 192.50 $ 177.50
   Distillers’ Dried Grains4 $ 217.00 $ 222.50 $ 205.00
   Rice Bran5 $ 127.50 $ 127.50 $ 105.00
Meat Production (million lbs)  
   Beef 495.6 484.8 493.5
   Pork 436.5 432.2 410.8
Slaughter (1,000 head)  
   Cattle 639 623 653
   Hogs 2,089 2,069 1,978
   Broilers/Fryers 157,718 153,733 163,199
Avg. Dressed Weight  
   Cattle 777 780 758
   Hogs 209 209 208
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) $ 460.00 $ 460.00 $ 429.50 7.1%
Ammonium Nitrate $ 530.00 $ 530.00 $ 457.50 15.8%
13-13-13 $ 512.00 $ 512.00 $ 502.00 2.0%
17-17-17 $ 596.50 $ 596.50 $ 568.50 4.9%
DAP (18%N, 46%P) $ 669.00 $ 624.00 $ 680.00 -1.6%
Potash $ 647.00 $ 647.00 $ 575.00 12.5%
Lime $ 37.50 $ 37.50 $ 37.50 0.0%
Farm Diesel $ 3.55 $ 3.71 $ 3.60 -1.5%
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 $104.17 $90.00 $105.80
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 NQ NQ $73.00
Prices are $/ton
Source:  USDA-AL Dept of Ag, Market News, Montgomery, AL

 

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