Cattle Market Notes: Week Ending Jan 25, 2013


Cash Cattle:

Live cash prices moved lower for the second week in a row, while dressed cattle held mostly steady. In Texas and Kansas, live prices were at $122/cwt on Wednesday. On Thursday, live cattle in Nebraska were called at $122-$124.50/cwt; however dressed prices looked to hold steady at $198-$199/cwt. Western Cornbelt fed cattle sold at $123-$124/cwt and $198-$200 for live and dressed respectively. The five-area price was at $122.53/cwt on a live basis and at $197.93/cwt for dressed.

Continue reading “Cattle Market Notes: Week Ending Jan 25, 2013”

January Cattle On Feed Report Commentary


USDA released their monthly Cattle on Feed report this Friday afternoon (Jan 25). The report revealed that 11.193 million head of cattle were in feedlots with 1,000 head capacity or greater on Jan 1. This was a 5.6% decline from Jan 2012 and 3.0% below the five-year average. Pre-report expectations were looking for a 4.4% drop from the previous year and the 5.6% drop was just inside the low end of the range. Continue reading “January Cattle On Feed Report Commentary”

Livestock Price and Production Tables: Week Ending Jan 25, 2013


Mississippi Auction Markets
Weight Steers Heifers Slaughter Cows, Bulls, and Replacements
300-350 $190 $205 $160 $177 Boning (80-85% lean) $70 $78
350-400 $185 $190 $160 $177 Boning (high-yielding) $78 $84
400-450 $175 $185 $150 $165 Lean $60 $70
450-500 $165 $175 $150 $165 Bulls, YG 1-2, <1,500 lbs $75 $85
500-550 $160 $170 $135 $150 Bulls, YG 1-2, >1,500 lbs $85 $97
550-600 $150 $160 $135 $150
600-650 $135 $150 $130 $140 Sm/Mdm Cow-Calf Pairs $1,000 $1,500
650-700 $135 $150 $120 $130 Mdm/Lg Cow-Calf Pairs $850 $1,200
700-750 $117 $138 $125 $135 Sm/Mdm Replacements $900 $1,300
750-800 $117 $138 $125 $135 Mdm/Lg Replacements $800 $1,200
Volume1 (head): vs Last Week vs Last Year
under 600 lbs -47.7%
over 600 lbs -57.6%
Slaughter Cows -59.3%
Rep. Females
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 Jan 25, 2013”

Cattle Market Notes: Week Ending Jan 18, 2013


Cash Cattle:

Cash prices moved lower throughout the week. In Texas and Kansas, prices were at $125/cwt on Wednesday but moved lower to $123/cwt on Friday in Kansas. Live cattle in Nebraske were called at $123-$125/cwt and dressed prices were much lower compared to last week at $198/cwt. The five-area price was also lower at $124.20/cwt versus $126.36 last week.

Continue reading “Cattle Market Notes: Week Ending Jan 18, 2013”

Livestock Price and Production Tables: Week Ending Jan 18, 2013


 

Mississippi Auction Markets
Weight Steers Heifers Slaughter Cows, Bulls, and Replacements
300-350 $190 $205 $160 $175 Boning (80-85% lean) $72 $80
350-400 $185 $190 $160 $175 Boning (high-yielding) $80 $84
400-450 $170 $185 $150 $160 Lean $65 $73
450-500 $170 $185 $150 $160 Bulls, YG 1-2, <1,500 lbs $74 $84
500-550 $160 $170 $135 $150 Bulls, YG 1-2, >1,500 lbs $85 $100
550-600 $150 $160 $135 $150  
600-650 $142 $150 $130 $140 Sm/Mdm Cow-Calf Pairs $1,100 $1,500
650-700 $142 $150 $130 $140 Mdm/Lg Cow-Calf Pairs $1,050 $1,150
700-750 $125 $138 $108 $130 Sm/Mdm Replacements $900 $1,200
750-800 $125 $138 $108 $130 Mdm/Lg Replacements $700 $1,000

Continue reading “Livestock Price and Production Tables: Week Ending Jan 18, 2013”

Cattle Market Notes: Week Ending Jan 11, 2013


Cash Cattle:

After some slow movement to close out last week, sales were more robust this week. The five-area price was mostly unchanged at $126.37/cwt. In Texas and Oklahoma, Thursday’s trade was at $126/cwt for live cattle. In Kansas trade was at $126/cwt on Thursday and at $125/cwt on Friday. Live and dressed cattle in Nebraske were called at $125/cwt and $201-$203/cwt, respectively on Friday. The Western Cornbelt reported similar prices with live at $125/cwt and dressed at $202-$203/cwt. Continue reading “Cattle Market Notes: Week Ending Jan 11, 2013”

Livestock Price and Production Tables: Week Ending Jan 11, 2013


Mississippi Auction Markets
Weight Steers Heifers Slaughter Cows, Bulls, and Replacements
300-350 $200 $210 $165 $180 Boning (80-85% lean) $73 $80
350-400 $180 $200 $165 $180 Boning (high-yielding) $80 $87
400-450 $175 $190 $150 $165 Lean $67 $75
450-500 $165 $175 $140 $150 Bulls, YG 1-2, <1,500 lbs $76 $88
500-550 $145 $160 $140 $150 Bulls, YG 1-2, >1,500 lbs $85 $100
550-600 $145 $160 $135 $140
600-650 $150 $157 $125 $136 Sm/Mdm Cow-Calf Pairs $1,100 $1,500
650-700 $135 $150 $125 $136 Mdm/Lg Cow-Calf Pairs $900 $1,300
700-750 $125 $138 N/Q N/Q Sm/Mdm Replacements $100 $1,400
750-800 $125 $138 N/Q N/Q Mdm/Lg Replacements $750 $1,050

Continue reading “Livestock Price and Production Tables: Week Ending Jan 11, 2013”