Livestock Price and Production Tables – Week Ending Aug 24, 2012


 

Mississippi Auction Markets
Weight Steers Heifers Slaughter Cows, Bulls, and Replacements
300-350 $180 $200 $160 $180 Boning (80-85% lean) $72 $80
350-400 $170 $180 $145 $160 Boning (high-yielding) $80 $86
400-450 $150 $165 $130 $145 Lean $70 $76
450-500 $140 $150 $130 $145 Bulls, YG 1-2, <1,500 lbs $85 $95
500-550 $130 $145 $120 $130 Bulls, YG 1-2, >1,500 lbs $95 $110
550-600 $130 $145 $120 $130  
600-650 $125 $135 $115 $128 Sm/Mdm Cow-Calf Pairs $1,000 $1,100
650-700 $125 $135 $115 $128 Mdm/Lg Cow-Calf Pairs $1,000 $1,500
700-750 $113 $130 $112 $122 Sm/Mdm Replacements $700 $1,000
750-800 $113 $130 $112 $122 Mdm/Lg Replacements $1,000 $1,300
Volume1 (head): vs Last Week vs Last Year  
under 600 lbs 8.3% -12.8%
over 600 lbs 26.6% 9.9%
Slaughter Cows 10.0% -14.8%
Rep. Females -2.3% -36.5%
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 $119.88 -1.20 $140.50 +0.07        
Sep     $142.95 +0.75 $8.02 +0.04 $17.38 +0.66
Oct $124.45 -0.83 $144.43 +0.93        
Nov     $145.65 +0.97     $17.32 +0.86
Dec $127.88 -0.32     $8.09 +0.01    
Jan     $148.28 +1.18     $17.24 +0.87
Feb $131.70 +0.02            
Mar     $151.40 +1.35 $8.09 +0.01 $16.36 +0.82
Apr $135.40 +0.25 $152.60 +1.17        
May     $153.80 +1.10 $8.01 +0.01 $15.45 +0.74
Jun $132.50 +0.47            
Jul         $7.86 -0.02 $15.17 +0.71
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 $121.50 $137.50
OKC $133.75 $142.76
Kentucky $136.55 $148.50
Joplin, MO $137.02 $147.30
Tulia, TX $134.13 NQ

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Price and Production Summary
  This Week Last Week Last Year
5-Area Fed Steer Price      
   Live $ 120.34 $ 119.95 $ 112.95
   Dressed $ 187.45 $ 189.01 $ 180.12
OKC Feeder Cattle Prices      
   7.5-8 wt M&L #1 steer $ 138.48 $ 139.58 $ 130.28
   5-5.5 wt M&L #1 steer $ 157.98 $ 152.73 $ 143.38
BBCV (weekly avg.)      
   600-900 lb Choice cutout $ 193.47 $ 190.23 $ 187.25
   600-900 lb Select cutout $ 184.77 $ 182.73 $ 181.12
   Choice Rib Value $ 290.71 $ 279.53 $ 258.07
   Choice Chuck Value $ 159.07 $ 157.09 $ 156.70
Other Livestock Prices      
   Barrows and Gilts (base price) $ 80.82 $ 85.53 $ 94.87
   Pork Carcass Cutout $ 88.23 $ 91.82 $ 105.21
   Georgia Dock Broilers $ 94.94 $ 94.42 $ 87.70
   Georgia Dock B/S Breasts $ 176.50 $ 170.00 $ 148.00
   Georgia Dock Leg Quarters $ 51.50 $ 51.00 $ 52.50
Feed Prices ($/ton)      
   Whole Cottonseed1 $ 298.00 $ 295.00 $ 350.00
   Cottonseed Meal1 $ 410.00 $ 407.50 $ 347.50
   Corn Gluten Meal (60%)1 $ 720.00 $ 720.00 $ 560.00
   Soybean Hulls1 $ 320.00 $ 325.00 $ 220.00
   Soybean Meal (48%)1 $ 581.60 $ 559.80 $ 379.20
   Wheat Midds1 $ 290.00 NQ $ 230.00
   Corn Gluten Feed2 $ 285.00 $ 290.00 $ 176.00
   Corn Gluten Pellets (21%)3 $ 297.50 $ 287.50 $ 215.00
   Soybean Hull Pellets3 $ 315.00 $ 305.00 $ 207.50
   Distillers’ Dried Grains4 $ 300.00 $ 300.00 $ 207.50
   Rice Bran5 $ 197.50 $ 190.00 $ 157.50
Meat Production (million lbs)  
   Beef 516.9 507.9 518.6
   Pork 454.3 434.8 419.8
Slaughter (1,000 head)  
   Cattle 653 643 672
   Hogs 2,265 2,166 2,114
   Broilers/Fryers 159,748 157,258 159,436
Avg. Dressed Weight  
   Cattle 793 792 774
   Hogs 201 201 198
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 $ 3.47 $ 3.41 $ 3.33 4.4%
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 $84.29 $110.00 NQ $105.92
5×5 or 5×6 Roll NQ $100.00 NQ $100.00
Bahia        
4×5 Roll NQ $100.00 NQ NQ
5×5 or 5×6 Roll NQ NQ NQ $86.67
Prices are $/ton
Source:  USDA-AL Dept of Ag, Market News, Montgomery, AL
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