November Cattle on Feed Report


USDA released their monthly Cattle on Feed report Friday afternoon (Nov 16). Cattle placed into feedlots during October with a capacity of 1,000 head or larger registered 2.180 million head, down 12.5% from the same month in 2011 and down 13.7% from the prior five-year average. This marks the fifth straight month of year-over-year declines in the number of cattle placed. The average of analysts surveyed prior to the report expected placements to be at 2.176 million head, down 12.7% from a year ago, so the actual number was in-line with this expectation. Continue reading “November Cattle on Feed Report”

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Livestock Price and Production Tables: Week Ending Nov 16, 2012


 

Mississippi Auction Markets
Weight Steers Heifers Slaughter Cows, Bulls, and Replacements
300-350 $185 $205 $160 $172 Boning (80-85% lean) $70 $78
350-400 $170 $185 $160 $172 Boning (high-yielding) $78 $85
400-450 $160 $170 $150 $160 Lean $65 $71
450-500 $150 $160 $130 $150 Bulls, YG 1-2, <1,500 lbs $75 $86
500-550 $140 $150 $125 $135 Bulls, YG 1-2, >1,500 lbs $85 $99
550-600 $140 $150 $125 $135  
600-650 $130 $140 $110 $125 Sm/Mdm Cow-Calf Pairs $1,200 $1,500
650-700 $130 $140 $110 $125 Mdm/Lg Cow-Calf Pairs $900 $1,350
700-750 $119 $130 $105 $115 Sm/Mdm Replacements $850 $1,400
750-800 $110 $119 $105 $115 Mdm/Lg Replacements $750 $1,100
Volume1 (head): vs Last Week vs Last Year  
under 600 lbs -4.4% -5.4%
over 600 lbs -8.3% 0.6%
Slaughter Cows -8.0% -25.3%
Rep. Females 1.2% -6.3%
Note: Steer and heifer prices are for medium and large frame, numbers 1-2.
1- Four Week Rolling Average
Source: USDA Agricultural Marketing Service

Continue reading “Livestock Price and Production Tables: Week Ending Nov 16, 2012”

Cattle Market Podcast Is Back!


I am pleased to announce that the cattle market update podcast has returned. Each Monday Brian and I will take a few minutes to recap the events of the prior week and provide a little bit of insight of what the week ahead may have in store. To access these audio recordings on your computer visit this link (here). You can listen directly from the website or save it for later by right clicking “Strem/Download” and select your desired location. To access the recording on your smartphone or music player, use those same directions or for iTunes users subscribe to our podcast (here).

If you have any questions or would like to provide your feedback leave a comment below or email me at jmr26@msstate.edu.

Livestock Price and Production: Week Ending Nov 02, 2012


 

Mississippi Auction Markets
Weight Steers Heifers Slaughter Cows, Bulls, and Replacements
300-350 $190 $215 $180 $190 Boning (80-85% lean) $72 $78
350-400 $170 $190 $160 $180 Boning (high-yielding) $78 $85
400-450 $160 $172 $145 $155 Lean $60 $72
450-500 $150 $160 $132 $145 Bulls, YG 1-2, <;1,500 lbs $80 $90
500-550 $145 $155 $120 $135 Bulls, YG 1-2, >;1,500 lbs $88 $100
550-600 $135 $145 $120 $135
600-650 $125 $147 $115 $125 Sm/Mdm Cow-Calf Pairs $1,000 $1,400
650-700 $125 $147 $115 $125 Mdm/Lg Cow-Calf Pairs $950 $1,150
700-750 $115 $125 $113 $120 Sm/Mdm Replacements $950 $1,300
750-800 $115 $125 $113 $120 Mdm/Lg Replacements $600 $900
Volume1 (head): vs Last Week vs Last Year
under 600 lbs 4.7% 8.7%
over 600 lbs 6.8% 24.3%
Slaughter Cows -2.4% -6.1%
Rep. Females 1.9% -18.2%
Note: Steer and heifer prices are for medium and large frame, numbers 1-2.
1- Four Week Rolling Average
Source: USDA Agricultural Marketing Service

Continue reading “Livestock Price and Production: Week Ending Nov 02, 2012”