Livestock Price and Production Tables: Week Ending Nov 1, 2013


First, if you visited last week and read about the new location for these market news and notes but the links did not work, you were not alone. I was under the impression that the new website was up and running but have since learned it is another week or two away. I AM VERY, VERY SORRY FOR THE CONFUSION!

** ** ** ** **

Mississippi Auction Markets

Weight

Steers

Heifers

Slaughter Cows, Bulls, and Replacements

300-350

$210

$225

$190

$200 Boning (80-85% lean)

$70

$77

350-400

$200

$210

$170

$190 Boning (high-yielding)

$77

$83

400-450

$190

$200

$150

$175 Lean

$60

$70

450-500

$170

$190

$150

$175 Bulls, YG 1-2, <1,500 lbs

$75

$91

500-550

$170

$182

$150

$159 Bulls, YG 1-2, >1,500 lbs

$87

$99

550-600

$160

$170

$140

$150

600-650

$150

$162

$135

$147 Sm/Mdm Cow-Calf Pairs

$1,200

$1,600

650-700

$145

$150

$135

$147 Mdm/Lg Cow-Calf Pairs

$850

$1,250

700-750

$130

$145

$122

$135 Sm/Mdm Replacements

$950

$1,350

750-800

$130

$145

$122

$135 Mdm/Lg Replacements

$700

$1,000
Volume1 (head):

vs Last Week

vs Last Year

under 600 lbs

-0.6%

-0.9%

over 600 lbs

-3.6%

-33.5%

Slaughter Cows

3.5%

9.1%

Rep. Females

7.5%

47.0%

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*

Nov

$163.50

-3.28

$12.66

-0.34

Dec

$132.08

-1.10

Jan

$163.48

-2.93

$4.27

-0.13

$12.52

-0.42

Feb

$133.48

-0.53

Mar

$163.83

-1.43

$4.38

-0.15

$12.37

-0.35

Apr

$133.45

-0.85

$165.35

-0.75

May

$165.88

-0.72

$4.46

-0.15

$12.29

-0.27

Jun

$128.00

-0.43

Jul

$4.52

-0.16

$12.25

-0.25

Aug

$126.90

-0.60

$167.00

-0.20

$12.12

-0.25

Sep

$166.00

-1.00

$4.59

-0.16

$11.74

-0.23

Oct

$128.90

-0.95

$165.50

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

$137.50

$176.00

OKC

$158.62

$170.02

Kentucky

$156.41

$164.24

Joplin, MO

$162.25

$173.81

Tulia, TX

NQ

$168.00

Price and Production Summary

This Week

Last Week

Last Year

5-Area Fed Steer Price
   Live

$132.19

$132.29

$126.18

   Dressed

$209.07

$207.80

$196.40

OKC Feeder Cattle Prices
   7.5-8 wt M&L #1 steer

$164.83

$165.72

$143.92

   5-5.5 wt M&L #1 steer

$189.26

$183.29

$168.41

BBCV (weekly avg.)
   600-900 lb Choice cutout

$204.56

$200.09

$195.34

   600-900 lb Select cutout

$188.99

$184.13

$177.09

   Choice Rib Value

$324.69

$318.50

$306.81

   Choice Chuck Value

$176.09

$170.63

$162.41

Other Livestock Prices
   Barrows and Gilts (base price)

$83.31

$86.59

$79.56

   Pork Carcass Cutout

$93.92

$94.65

$85.41

   Georgia Dock Broilers

$104.85

$105.00

$95.66

   Georgia Dock B/S Breasts

$187.50

$193.00

$163.50

   Georgia Dock Leg Quarters

$51.00

$51.50

$53.50

Feed Prices ($/ton)
   Whole Cottonseed1

$270.00

$280.00

$268.00

   Cottonseed Meal1

$350.00

$382.50

$365.00

   Corn Gluten Meal (60%)1

$620.00

$575.00

$770.00

   Soybean Hulls1

$190.00

$190.00

$200.00

   Soybean Meal (48%)1

$464.70

$465.70

$505.50

   Wheat Midds1

$175.00

$205.00

$240.00

   Corn Gluten Feed2

$177.50

$175.00

$225.00

   Corn Gluten Pellets (21%)3

$215.00

$215.00

$260.00

   Soybean Hull Pellets3

$182.50

$180.00

$217.50

   Distillers’ Dried Grains4

$216.50

$216.50

$272.50

   Rice Bran5

$195.00

$195.00

$205.00

Meat Production (million lbs)
   Beef

499.4

493.2

513.4

   Pork

471.3

466.7

480.0

Slaughter (1,000 head)
   Cattle

624

618

643

   Hogs

2,272

2,262

2,359

   Broilers/Fryers

156,320

157,080

150,676

Avg. Dressed Weight
   Cattle

802

801

800

   Hogs

208

206

204

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) $ 459.50 $ 459.50 $ 450.00

2.1%

Ammonium Nitrate $ 487.00 $ 487.00 $ 539.50

-9.7%

13-13-13 $ 455.50 $ 461.00 $ 512.50

-11.1%

17-17-17 $ 555.00 $ 555.00 $ 596.50

-7.0%

DAP (18%N, 46%P) $ 600.50 $ 600.50 $ 624.00

-3.8%

Potash $ 575.50 $ 575.50 $ 647.00

-11.1%

Lime $ 37.50 $ 37.50 $ 37.50

0.0%

Farm Diesel $ 3.40 $ 3.45 $ 3.57

-4.8%

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

NQ

$101.50

$70.00

$102.29

5×5 or 5×6 Roll

NQ

100

NQ

$86.67

Bahia
4×5 Roll

NQ

90

NQ

90

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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