Livestock Price and Production Tables – Week of May 25, 2012


Mississippi Auction Markets
Weight Steers Heifers Slaughter Cows, Bulls, and Replacements
300-350 $200 $230 $180 $200 Boning (80-85% lean) $80 $92
350-400 $187 $200 $165 $180 Boning (high-yielding) $92 $100
400-450 $180 $190 $152 $165 Lean $76 $86
450-500 $165 $180 $152 $165 Bulls, YG 1-2, <1,500 lbs $93 $103
500-550 $155 $167 $150 $157 Bulls, YG 1-2, >1,500 lbs $102 $114
550-600 $150 $155 $140 $150
600-650 $150 $158 $130 $145 Sm/Mdm Cow-Calf Pairs $900 $1,250
650-700 $140 $150 $130 $145 Mdm/Lg Cow-Calf Pairs $1,300 $1,800
700-750 $129 $144 $120 $130 Sm/Mdm Replacements $750 $1,075
750-800 $129 $144 $120 $130 Mdm/Lg Replacements $900 $1,300
Volume1 (head): vs Last Week vs Last Year
under 600 lbs 5.2% 4.1%
over 600 lbs -0.2% 7.6%
Slaughter Cows 1.6% -16.9%
Rep. Females 1.1% -6.8%
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
Jun $117.40 -1.90
Jul $5.77 -0.59 $13.77 -0.28
Aug $119.03 -2.88 $158.65 -2.05 $13.64 -0.39
Sep $159.65 -2.07 $5.22 -0.26 $13.46 +0.06
Oct $123.50 -2.80 $160.80 -2.07
Nov $161.50 -1.97 $12.82 -0.08
Dec $126.95 -1.65 $5.19 -0.16
Jan $161.75 -1.63 $12.83 -0.11
Feb $128.60 -1.45
Mar $163.00 -0.70 $5.26 -0.19
Apr $130.45 -1.15 $163.25 -0.75
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 $136.50 $161.00
OKC $149.23 $180.26
Lexington, KY $141.50 $166.00
Joplin, MO $153.08 $180.70
Tulia, TX $145.00 $175.00

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Price and Production Summary
This Week Last Week Last Year
5-Area Fed Steer Price
   Live $ 121.27 $ 121.43 $ 105.11
   Dressed $ 193.50 $ 193.66 $ 170.56
OKC Feeder Cattle Prices
   7.5-8 wt M&L #1 steer $ 153.67 $ 150.28 $ 120.51
   5-5.5 wt M&L #1 steer $ 194.09 $ 187.72 $ 141.06
BBCV (weekly avg.)
   600-900 lb Choice cutout $ 194.88 $ 191.45 $ 178.18
   600-900 lb Select cutout $ 186.69 $ 186.05 $ 172.83
   Choice Rib Value $ 276.21 $ 268.85 $ 256.64
   Choice Chuck Value $ 162.43 $ 160.32 $ 151.30
Other Livestock Prices
   Barrows and Gilts (base price) $ 81.40 $ 83.11 $ 89.92
   Pork Carcass Cutout $ 79.92 $ 81.88 $ 91.78
   Georgia Dock Broilers $ 93.58 $ 93.49 $ 86.51
   Georgia Dock B/S Breasts $ 170.50 $ 174.50 $ 148.50
   Georgia Dock Leg Quarters $ 55.00 $ 55.50 $ 49.00
Feed Prices ($/ton)
   Whole Cottonseed1 $ 250.00 $ 255.00 $ 343.00
   Cottonseed Meal1 $ 275.00 $ 267.50 $ 287.50
   Corn Gluten Meal (60%)1 $ 535.00 $ 535.00 $ 560.00
   Soybean Hulls1 $ 150.00 $ 150.00 $ 161.00
   Soybean Meal (48%)1 $ 430.00 $ 420.00 $ 377.30
   Wheat Midds1 $ 190.00 $ 160.00 $ 195.00
   Corn Gluten Feed2 $ 160.00 $ 151.00 $ 170.00
   Corn Gluten Pellets (21%)3 $ 187.50 $ 205.00 $ 190.00
   Soybean Hull Pellets3 $ 172.50 $ 195.00 $ 177.50
   Distillers’ Dried Grains4 $ 230.00 $ 222.50 $ 206.50
   Rice Bran5 $ 127.50 $ 127.50 $ 117.50
Meat Production (million lbs)
   Beef 492.4 496.4 508.6
   Pork 431.6 441.3 420.7
Slaughter (1,000 head)
   Cattle 636 641 672
   Hogs 2,069 2,113 2,031
   Broilers/Fryers 159,214 158,779 166,495
Avg. Dressed Weight
   Cattle 776 776 759
   Hogs 209 209 207
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 $ 425.00 8.2%
Ammonium Nitrate $ 530.00 $ 530.00 $ 467.50 13.4%
13-13-13 $ 512.00 $ 512.00 $ 480.00 6.7%
17-17-17 $ 596.50 $ 596.50 $ 572.50 4.2%
DAP (18%N, 46%P) $ 624.00 $ 624.00 $ 690.00 -9.6%
Potash $ 647.00 $ 647.00 $ 595.00 8.7%
Lime $ 37.50 $ 37.50 $ 37.50 0.0%
Farm Diesel $ 3.49 $ 3.51 $ 3.49 0.1%
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 $104.47 $70.00 $108.70
5×5 or 5×6 Roll NQ NQ NQ $100.00
Bahia
4×5 Roll NQ $100.00 NQ $100.00
5×5 or 5×6 Roll NQ $73.00 NQ $73.00
Prices are $/ton
Source:  USDA-AL Dept of Ag, Market News, Montgomery, AL
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