Livestock Price and Production Tables – Week of Jun 15, 2012


Mississippi Auction Markets
Weight Steers Heifers Slaughter Cows, Bulls, and Replacements
300-350 $180 $195 $170 $180 Boning (80-85% lean) $77 $88
350-400 $180 $195 $160 $170 Boning (high-yielding) $85 $93
400-450 $175 $185 $152 $167 Lean $75 $85
450-500 $160 $175 $152 $167 Bulls, YG 1-2, <1,500 lbs $90 $105
500-550 $145 $160 $145 $160 Bulls, YG 1-2, >1,500 lbs $100 $111
550-600 $145 $160 $145 $160
600-650 $135 $148 $135 $148 Sm/Mdm Cow-Calf Pairs $900 $1,300
650-700 $127 $135 $127 $135 Mdm/Lg Cow-Calf Pairs $1,200 $1,700
700-750 $120 $135 $112 $120 Sm/Mdm Replacements $850 $1,250
750-800 $120 $135 $112 $120 Mdm/Lg Replacements $1,000 $1,500
Volume1 (head): vs Last Week vs Last Year
under 600 lbs 1.4% 2.0%
over 600 lbs -14.3% -57.7%
Slaughter Cows -3.6% -9.5%
Rep. Females -2.0% -199.0%
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*
Jun $116.15 -3.72
Jul $5.80 -0.19 $13.78 -0.50
Aug $116.60 -4.25 $155.93 -3.45 $13.57 -0.45
Sep $157.43 -3.10 $5.11 -0.40 $13.46 -0.18
Oct $121.13 -4.15 $158.48 -2.97
Nov $159.33 -3.18 $13.16 -0.17
Dec $124.20 -4.45 $5.07 -0.37
Jan $158.93 -3.35 $13.16 -0.17
Feb $126.60 -4.10
Mar $159.50 -3.00 $5.30 -0.23 $12.86 -0.29
Apr $128.35 -3.95 $161.00 -1.45
May $161.50 -0.50 $5.29 -0.35 $12.68 -0.32
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 $127.50 $152.50
OKC $152.50 $168.78
Lexington, KY $144.50 $171.00
Joplin, MO $151.30 $175.94
Tulia, TX $145.00 $171.00

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Price and Production Summary
This Week Last Week Last Year
5-Area Fed Steer Price
   Live $ 119.48 $ 122.79 $ 109.31
   Dressed $ 191.32 $ 195.58 $ 177.58
OKC Feeder Cattle Prices
   7.5-8 wt M&L #1 steer $ 155.11 $ 155.68 $ 126.51
   5-5.5 wt M&L #1 steer $ 184.00 $ 185.63 $ 133.67
BBCV (weekly avg.)
   600-900 lb Choice cutout $ 197.82 $ 197.10 $ 172.57
   600-900 lb Select cutout $ 182.20 $ 184.47 $ 166.76
   Choice Rib Value $ 298.74 $ 291.13 $ 252.94
   Choice Chuck Value $ 154.08 $ 155.02 $ 142.49
Other Livestock Prices
   Barrows and Gilts (base price) $ 94.21 $ 89.57 $ 92.94
   Pork Carcass Cutout $ 88.26 $ 83.81 $ 91.94
   Georgia Dock Broilers $ 93.61 $ 93.75 $ 86.84
   Georgia Dock B/S Breasts $ 161.00 $ 166.00 $ 147.50
   Georgia Dock Leg Quarters $ 54.00 $ 55.00 $ 47.50
Feed Prices ($/ton)
   Whole Cottonseed1 $ 250.00 $ 240.00 $ 384.00
   Cottonseed Meal1 $ 290.00 $ 275.00 $ 310.00
   Corn Gluten Meal (60%)1 $ 565.00 $ 535.00 $ 570.00
   Soybean Hulls1 $ 150.00 $ 150.00 $ 175.00
   Soybean Meal (48%)1 $ 442.00 $ 410.10 $ 391.10
   Wheat Midds1 $ 185.00 $ 200.00 $ 195.00
   Corn Gluten Feed2 $ 160.00 $ 160.00 $ 177.50
   Corn Gluten Pellets (21%)3 $ 205.00 $ 205.00 $ 192.50
   Soybean Hull Pellets3 $ 197.50 $ 197.50 $ 195.00
   Distillers’ Dried Grains4 $ 220.00 $ 220.00 $ 217.50
   Rice Bran5 $ 135.00 $ 135.00 $ 137.50
Meat Production (million lbs)
   Beef 510.3 509.7 523.0
   Pork 405.7 416.4 406.3
Slaughter (1,000 head)
   Cattle 653 655 688
   Hogs 1,957 2,004 1,973
   Broilers/Fryers 155,366 155,911 161,290
Avg. Dressed Weight
   Cattle 783 780 763
   Hogs 207 208 206
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 $ 539.50 $ 539.50 $ 467.50 15.4%
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 $ 700.00 -10.9%
Potash $ 647.00 $ 647.00 $ 595.00 8.7%
Lime $ 37.50 $ 37.50 $ 37.50 0.0%
Farm Diesel $ 3.38 $ 3.42 $ 3.40 -0.6%
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 $110.00 NQ $106.42
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 $87.00
Prices are $/ton
Source:  USDA-AL Dept of Ag, Market News, Montgomery, AL
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