Livestock Price and Production Tables: Week Ending Dec 21, 2012


Mississippi Auction Markets
Weight Steers Heifers Slaughter Cows, Bulls, and Replacements
300-350 $185 $200 $170 $180 Boning (80-85% lean) $70 $75
350-400 $185 $200 $160 $170 Boning (high-yielding) $75 $85
400-450 $165 $185 $150 $160 Lean $65 $70
450-500 $155 $165 $140 $150 Bulls, YG 1-2, <1,500 lbs $75 $89
500-550 $150 $160 $130 $140 Bulls, YG 1-2, >1,500 lbs $89 $100
550-600 $140 $150 $120 $130
600-650 $135 $145 $118 $129 Sm/Mdm Cow-Calf Pairs $1,000 $1,400
650-700 $130 $135 $118 $129 Mdm/Lg Cow-Calf Pairs $1,100 $1,300
700-750 $125 $140 $104 $120 Sm/Mdm Replacements $900 $1,200
750-800 $125 $140 $104 $120 Mdm/Lg Replacements $650 $1,050
Volume1 (head): vs Last Week vs Last Year
under 600 lbs 21.8% -10.4%
over 600 lbs 2,079.7% 1,631.0%
Slaughter Cows 24.2% -17.9%
Rep. Females -2,716.7% -2,111.8%
Note: Steer and heifer prices are for medium and large frame, numbers 1-2.
1- Four Week Rolling Average
Source: USDA Agricultural Marketing Service

Futures Prices
Month Live Cattle Change* Feeder Cattle Change* Corn Change* Soybeans Change*
Dec $129.28 +2.38 $6.07 -1.12
Jan $152.15 -0.92 $14.31 -0.65
Feb $133.58 +0.97
Mar $154.78 -0.25 $7.02 -0.29 $14.29 -0.62
Apr $137.33 +0.55 $156.55 +0.20
May $157.88 +0.28 $7.05 -0.29 $14.19 -0.53
Jun $132.43 +0.03
Jul $7.02 -0.28 $14.13 -0.40
Aug $132.00 -0.10 $162.00 +0.05 $13.85 -0.34
Sep $162.60 +0.15 $6.27 -0.23 $13.40 -0.25
Oct $135.30 -0.60 $163.25 +0.35
Nov $163.75 +0.25 $13.01 -0.17
Source: CME Group
Note: Cattle prices in $/cwt; Corn & Soybean prices in $/bu
*Change from last Friday’s close.

Feeder Calf Markets (price for M&L #1-2 steers)
750-800 lbs 500-550 lbs
Mississippi $132.50 $155.00
OKC $141.67 $154.94
Kentucky $139.12 $156.08
Joplin, MO $143.05 $163.05
Tulia, TX $145.75 N/Q

Price and Production Summary
This Week Last Week Last Year
5-Area Fed Steer Price
   Live $126.13 $123.81 $118.82
   Dressed $199.91 N/Q $122.28
OKC Feeder Cattle Prices
   7.5-8 wt M&L #1 steer $147.00 $144.43 $143.11
   5-5.5 wt M&L #1 steer $166.44 $152.37 $164.57
BBCV (weekly avg.)
   600-900 lb Choice cutout $193.50 $195.04 $189.14
   600-900 lb Select cutout $176.07 $174.79 $171.49
   Choice Rib Value $306.17 $333.38 $321.32
   Choice Chuck Value $156.42 $153.74 $150.87
Other Livestock Prices
   Barrows and Gilts (base price) $80.24 $78.23 $83.15
   Pork Carcass Cutout $82.80 $83.69 $90.21
   Georgia Dock Broilers $97.41 $97.32 $89.12
   Georgia Dock B/S Breasts $161.50 $160.00 $146.50
   Georgia Dock Leg Quarters $53.00 $53.00 $53.50
Feed Prices ($/ton)
   Whole Cottonseed1 $290.00 $290.00 $278.00
   Cottonseed Meal1 $342.50 $340.00 $222.50
   Corn Gluten Meal (60%)1 $680.00 $765.00 $450.00
   Soybean Hulls1 $200.00 $200.00 $225.00
   Soybean Meal (48%)1 $481.40 $474.90 $292.50
   Wheat Midds1 $255.00 $260.00 $240.00
   Corn Gluten Feed2 $210.00 $210.00 $162.50
   Corn Gluten Pellets (21%)3 $257.50 $260.00 $237.50
   Soybean Hull Pellets3 $227.50 $225.00 $247.50
   Distillers’ Dried Grains4 $262.50 $262.50 $190.00
   Rice Bran5 $210.00 $205.00 $235.00
Meat Production (million lbs)
   Beef 504.1 503.0 498.4
   Pork 485.6 475.0 486.3
Slaughter (1,000 head)
   Cattle 633 632 642
   Hogs 2,348 2,304 2,333
   Broilers/Fryers 158,288 154,917 149,793
Avg. Dressed Weight
   Cattle 798 797 778
   Hogs 207 206 209
Source: USDA Agricultural Marketing Service
1-Memphis; 2-St. Louis; 3-Alabama; 4-E. Corn Belt; 5-Arkansas

Southeastern Fertilizer and Farm Diesel Prices
This Week Last Week Last Year Y-o-Y% Change
Liquid N (28% spread) $ 450.00 $ 450.00 $ 435.00 3.4%
Ammonium Nitrate $ 539.50 $ 539.50 $ 475.00 13.6%
13-13-13 $ 512.50 $ 512.50 $ 497.50 3.0%
17-17-17 $ 596.50 $ 596.50 $ 615.00 -3.0%
DAP (18%N, 46%P) $ 624.00 $ 624.00 $ 742.50 -16.0%
Potash $ 647.00 $ 647.00 $ 650.00 -0.5%
Lime $ 37.50 $ 37.50 $ 37.50 0.0%
Farm Diesel $ 3.52 $ 3.54 $ 3.46 1.7%
Source:  USDA- AL Dept of Ag, Market News, Montgomery, AL
Fertilizer prices are $/ton, Diesel prices are $/gal for <1,000 gallons

Southeastern Hay Market Report
This Week Last Week
Good Premium Good Premium
Bermuda
4×5 Roll $70.00 $111.44 $76.36 $101.04
5×5 or 5×6 Roll NQ $100.00 NQ $89.76
Bahia
4×5 Roll NQ $100.00 NQ $100.00
5×5 or 5×6 Roll NQ $74.90 NQ $86.67
Prices are $/ton
Source:  USDA-AL Dept of Ag, Market News, Montgomery, AL
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