Livestock Price and Production Tables – Week of May 18, 2012


Mississippi Auction Markets
Weight Steers Heifers Slaughter Cows, Bulls, and Replacements
300-350 $200 $235 $190 $200 Boning (80-85% lean) $80 $94
350-400 $180 $200 $165 $190 Boning (high-yielding) $94 $100
400-450 $180 $192 $150 $167 Lean $77 $86
450-500 $160 $180 $150 $167 Bulls, YG 1-2, <1,500 lbs $98 $105
500-550 $155 $167 $140 $155 Bulls, YG 1-2, >1,500 lbs $102 $113
550-600 $145 $155 $140 $155
600-650 $150 $160 $125 $140 Sm/Mdm Cow-Calf Pairs $1,000 $1,400
650-700 $140 $150 $125 $140 Mdm/Lg Cow-Calf Pairs $1,200 $1,600
700-750 $125 $140 $120 $130 Sm/Mdm Replacements $700 $1,050
750-800 $125 $140 $120 $130 Mdm/Lg Replacements $900 $1,300
Volume1 (head): vs Last Week vs Last Year
under 600 lbs 0.3% 7.1%
over 600 lbs 15.9% 9.7%
Slaughter Cows 2.8% -12.2%
Rep. Females -1.8% -7.6%
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 $151.30 +1.63
Jun $119.30 +4.18
Jul $6.35 +0.54 $14.05 -0.01
Aug $121.90 +4.25 $160.70 +3.25 $14.02 +0.08
Sep $161.73 +3.13 $5.48 +0.37 $13.40 -0.11
Oct $126.30 +3.75 $162.88 +2.90
Nov $163.48 +2.90 $12.90 -0.32
Dec $128.60 +3.10 $5.35 +0.30
Jan $163.38 +2.20 $12.94 -0.27
Feb $130.05 +2.95
Mar $163.70 +1.95 $5.45 +0.28
Apr $131.60 +2.80 $164.00 +4.80
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 $132.50 $161.00
OKC $145.15 $178.67
Lexington, KY NQ $164.00
Joplin, MO $137.00 $168.90
Tulia, TX NQ $162.75

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Price and Production Summary
This Week Last Week Last Year
5-Area Fed Steer Price
   Live $ 121.43 $ 120.88 $ 108.37
   Dressed $ 193.66 $ 192.13 $ 176.75
OKC Feeder Cattle Prices
   7.5-8 wt M&L #1 steer $ 150.28 $ 148.36 $ 129.72
   5-5.5 wt M&L #1 steer $ 187.72 $ 184.30 $ 149.67
BBCV (weekly avg.)
   600-900 lb Choice cutout $ 191.45 $ 190.37 $ 176.83
   600-900 lb Select cutout $ 186.05 $ 184.71 $ 172.12
   Choice Rib Value $ 268.85 $ 269.44 $ 255.55
   Choice Chuck Value $ 160.32 $ 158.29 $ 148.93
Other Livestock Prices
   Barrows and Gilts (base price) $ 83.11 $ 75.47 $ 94.91
   Pork Carcass Cutout $ 81.88 $ 79.23 $ 97.01
   Georgia Dock Broilers $ 93.49 $ 93.48 $ 86.40
   Georgia Dock B/S Breasts $ 174.50 $ 173.00 $ 146.50
   Georgia Dock Leg Quarters $ 55.50 $ 55.00 $ 49.50
Feed Prices ($/ton)
   Whole Cottonseed1 $ 255.00 $ 260.00 $ 314.00
   Cottonseed Meal1 $ 267.50 $ 267.50 $ 275.00
   Corn Gluten Meal (60%)1 $ 535.00 $ 535.00 $ 560.00
   Soybean Hulls1 $ 150.00 $ 150.00 $ 161.00
   Soybean Meal (48%)1 $ 420.00 $ 439.50 $ 363.70
   Wheat Midds1 $ 160.00 $ 160.00 $ 205.00
   Corn Gluten Feed2 $ 151.00 $ 151.00 $ 175.00
   Corn Gluten Pellets (21%)3 $ 205.00 $ 205.00 $ 202.50
   Soybean Hull Pellets3 $ 195.00 $ 192.50 $ 177.50
   Distillers’ Dried Grains4 $ 222.50 $ 217.00 $ 200.00
   Rice Bran5 $ 127.50 $ 127.50 $ 112.50
Meat Production (million lbs)
   Beef 496.4 495.6 494.3
   Pork 441.9 436.5 419.5
Slaughter (1,000 head)
   Cattle 641 639 654
   Hogs 2,116 2,089 2,021
   Broilers/Fryers 158,779 157,718 166,304
Avg. Dressed Weight
   Cattle 776 777 758
   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 $ 395.00 16.5%
Ammonium Nitrate $ 530.00 $ 530.00 $ 475.00 11.6%
13-13-13 $ 512.00 $ 512.00 $ 495.00 3.4%
17-17-17 $ 596.50 $ 596.50 $ 582.50 2.4%
DAP (18%N, 46%P) $ 624.00 $ 624.00 $ 707.00 -11.7%
Potash $ 647.00 $ 647.00 $ 595.00 8.7%
Lime $ 37.50 $ 37.50 $ 37.50 0.0%
Farm Diesel $ 3.51 $ 3.55 $ 3.52 -0.4%
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 $70.00 $108.70 NQ $104.17
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 $73.00 NQ NQ
Prices are $/ton
Source:  USDA-AL Dept of Ag, Market News, Montgomery, AL
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