Livestock Price and Production Tables – Week Ending Aug 17, 2012


Mississippi Auction Markets
Weight Steers Heifers Slaughter Cows, Bulls, and Replacements
300-350 $180 $200 $155 $175 Boning (80-85% lean) $75 $87
350-400 $170 $170 $145 $155 Boning (high-yielding) $80 $89
400-450 $150 $165 $135 $150 Lean $72 $80
450-500 $140 $150 $135 $150 Bulls, YG 1-2, <1,500 lbs $90 $95
500-550 $130 $145 $125 $135 Bulls, YG 1-2, >1,500 lbs $92 $106
550-600 $130 $145 $125 $135
600-650 $125 $137 $115 $125 Sm/Mdm Cow-Calf Pairs $1,025 $1,350
650-700 $125 $137 $115 $125 Mdm/Lg Cow-Calf Pairs $1,000 $1,400
700-750 $118 $130 $111 $119 Sm/Mdm Replacements $650 $950
750-800 $118 $130 $111 $119 Mdm/Lg Replacements $900 $1,250
Volume1 (head): vs Last Week vs Last Year
under 600 lbs 4.1% -17.3%
over 600 lbs 10.9% -12.8%
Slaughter Cows -3.3% -18.1%
Rep. Females -15.9% -33.3%
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*
Aug $121.08 +0.48 $140.43 +0.95  
Sep $142.20 +2.47 $7.99 -0.01 $16.71 -0.02
Oct $125.28 -0.25 $143.50 +2.63
Nov $144.68 +1.83 $16.46 +0.02
Dec $128.20 -0.25 $8.07 -0.02
Jan $147.10 +0.92 $16.37 +0.02
Feb $131.68 +0.68
Mar $150.05 +1.35 $8.08 -0.04 $15.54 +0.09
Apr $135.15 +0.25 $151.43 +1.25
May $152.70 +1.45 $8.01 -0.07 $14.71 -0.06
Jun $132.03 -0.22
Jul $7.88 -0.10 $14.46 -0.09
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 $124.00 $137.50
OKC $135.41 NQ
Kentucky $136.91 $145.12
Joplin, MO $138.38 $145.26
Tulia, TX NQ $147.16

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Price and Production Summary
This Week Last Week Last Year
5-Area Fed Steer Price
   Live $ 119.95 $ 119.15 $ 114.04
   Dressed $ 189.01 $ 188.78 $ 183.21
OKC Feeder Cattle Prices
   7.5-8 wt M&L #1 steer $ 139.58 $ 135.57 $ 135.63
   5-5.5 wt M&L #1 steer $ 152.73 $ 150.21 $ 146.65
BBCV (weekly avg.)
   600-900 lb Choice cutout $ 190.23 $ 181.46 $ 185.05
   600-900 lb Select cutout $ 182.73 $ 175.19 $ 181.75
   Choice Rib Value $ 279.53 $ 268.41 $ 255.08
   Choice Chuck Value $ 157.09 $ 146.59 $ 152.57
Other Livestock Prices
   Barrows and Gilts (base price) $ 85.53 $ 88.79 $ 99.18
   Pork Carcass Cutout $ 91.82 $ 93.00 $ 107.79
   Georgia Dock Broilers $ 94.42 $ 94.56 $ 87.72
   Georgia Dock B/S Breasts $ 170.00 $ 163.50 $ 148.00
   Georgia Dock Leg Quarters $ 51.00 $ 51.00 $ 51.00
Feed Prices ($/ton)
   Whole Cottonseed1 $ 295.00 $ 295.00 $ 390.00
   Cottonseed Meal1 $ 407.50 $ 402.50 $ 347.50
   Corn Gluten Meal (60%)1 $ 720.00 $ 720.00 $ 560.00
   Soybean Hulls1 $ 325.00 $ 325.00 $ 215.00
   Soybean Meal (48%)1 $ 559.80 $ 554.20 $ 371.00
   Wheat Midds1 NQ $ 345.00 $ 230.00
   Corn Gluten Feed2 $ 290.00 $ 259.00 $ 175.00
   Corn Gluten Pellets (21%)3 $ 287.50 $ 280.00 $ 212.50
   Soybean Hull Pellets3 $ 305.00 $ 292.50 $ 205.00
   Distillers’ Dried Grains4 $ 300.00 $ 299.00 $ 207.50
   Rice Bran5 $ 190.00 $ 190.00 $ 155.00
Meat Production (million lbs)
   Beef 507.9 506.4 507.3
   Pork 434.8 408.7 407.1
Slaughter (1,000 head)
   Cattle 643 642 657
   Hogs 2,166 2,031 2,046
   Broilers/Fryers 157,258 158,634 159,310
Avg. Dressed Weight
   Cattle 792 791 774
   Hogs 201 201 199
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 $ 435.00 5.7%
Ammonium Nitrate $ 539.50 $ 539.50 $ 470.00 14.8%
13-13-13 $ 512.00 $ 512.00 $ 490.00 4.5%
17-17-17 $ 596.50 $ 596.50 $ 615.00 -3.0%
DAP (18%N, 46%P) $ 624.00 $ 624.00 $ 735.00 -15.1%
Potash $ 647.00 $ 647.00 $ 650.00 -0.5%
Lime $ 37.50 $ 37.50 $ 37.50 0.0%
Farm Diesel $ 3.41 $ 3.37 $ 3.43 -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 NQ $105.92 $94.55 $130.34
5×5 or 5×6 Roll NQ $100.00 NQ $100.00
Bahia
4×5 Roll NQ NQ NQ $50.00
5×5 or 5×6 Roll NQ $86.67 NQ NQ
Prices are $/ton
Source:  USDA-AL Dept of Ag, Market News, Montgomery, AL
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