Livestock Price and Production Tables: Changes Abound

It would not be a new year without changes from yours truly. As always, nothing is done without careful consideration and I hope that the updates are useful for everyone. Please let me know if you have any trouble or suggestions. And, as I’ve said in the past, please feel free to provide feedback (good or bad) on the information I provide.

While the changes are still in the works, the first to roll out is a new set-up for the “Livestock Price and Production Tables” (not all price data is available at the moment but should be incorporated soon — missing items are the regional cattle auction markets, hay prices, and fertilizer prices). These can now be found at this link.

This format will allow me to incorporate more information (when time permits). For example, graphs will be added which give a quick, easy reference for current prices compared to historical values. Also, the historical data are in the other sheets for easy access. As noted, more is on the way… Stay tuned!

** ** **

Full link to Livestock Price and Production Tables: http://goo.gl/JQmYwx

Cattle Market Notes: Week Ending Dec 20, 2013

*** This is the final newsletter of 2013. I hope you all have a wonderful Christmas and New Year! Best, John Michael ***

Cash Cattle:

Cash fed cattle were mostly steady in this week’s trade. The five-area live steer price finished the week at $130.03, down 13 cents per hundredweight, dressed steers were at $207.43. Live cattle sales in the Texas Panhandle and Southwest Kansas were called at $130. In Nebraska cattle transactions were, respectively, at $129-$130 and $207-$208. In the Western Cornbelt live and dresses cattle trade was a bit lower at $130 and $206, respectively.

Livestock Price and Production Tables: Week Ending Dec 13, 2013

Mississippi Auction Markets
Weight	Steers			Heifers
300-350	$200	–	$225	$185	–	$200
350-400	$200	–	$225	$177	–	$185
400-450	$190	–	$210	$170	–	$180
450-500	$180	–	$190	$160	–	$170
500-550	$175	–	$185	$150	–	$160
550-600	$165	–	$175	$140	–	$150
600-650	$150	–	$160	$140	–	$148
650-700	$140	–	$150	$130	–	$140
700-750	$132	–	$140	$0	–	$0
750-800	$132	–	$140	$0	–	$0
Slaughter Cows, Bulls, and Replacements
Boning (80-85% lean)				$75	–	$81
Boning (high-yielding)				$81	–	$90
Lean				$63	–	$75
Bulls, YG 1-2, <1,500 lbs				$78	–	$86
Bulls, YG 1-2, >1,500 lbs				$85	–	$101
Sm/Mdm Cow-Calf Pairs				$1,300	–	$1,700
Mdm/Lg Cow-Calf Pairs				$1,100	–	$1,600
Sm/Mdm Replacements				$1,000	–	$1,400
Mdm/Lg Replacements				$775	–	$1,075
Volume1 (head):	vs Last Week			vs Last Year
under 600 lbs	-20.5%			-3.5%
over 600 lbs	-15.9%			-20.9%
Slaughter Cows	-19.4%			-5.9%
Rep. Females	-17.2%			-6.5%
Note: Steer and heifer prices are for medium and large frame, number 1-2.
1- Four Week Rolling Average
Source: USDA Agricultural Marketing Service

–

Cattle Futures Prices
Month	Live Cattle	Change*	Feeder Cattle	Change*
Dec	$131.88	+0.18
Jan			$167.08	+2.38
Feb	$132.85	-0.28
Mar			$166.55	+1.75
Apr	$133.80	-0.10	$167.40	+1.65
May			$167.93	+1.53
Jun	$128.70	+0.20
Jul
Aug	$127.20	+0.35	$168.93	+1.50
Sep			$168.05	+1.55
Oct	$129.75	+0.47	$167.55	+1.15
Nov			$167.13	+1.63
Grain Futures Prices
Month	Corn	Change*	Soybeans	Change*
Dec	$4.53	+0.29
Jan			$13.28	+0.02
Feb
Mar	$4.26	-0.09	$13.14	+0.03
Apr
May	$4.34	-0.09	$12.97	+0.01
Jun
Jul
Aug			$12.54	-0.05
Sep	$4.46	-0.10	$11.97	-0.04
Oct
Nov			$11.58	-0.06
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	$136.00	$180.00
OKC	No Sale: Snow	No Sale: Snow
Kentucky	$152.79	$168.76
Joplin, MO	$164.14	$169.81
Tulia, TX	No Quotes	No Quotes

–

Price and Production Summary
	This Week	Last Week	Last Year
5-Area Fed Steer Price
Live	$130.16	$131.89	$123.81
Dressed	No Quote	$209.10	No Quote
OKC Feeder Cattle Prices
7.5-8 wt M&L #1 steer	No Sale: Snow	$163.60	$144.43
5-5.5 wt M&L #1 steer	No Sale: Snow	$191.07	$152.37
BBCV (weekly avg.)
600-900 lb Choice cutout	$201.32	$202.65	$195.04
600-900 lb Select cutout	$187.37	$189.61	$174.79
Choice Rib Value	$354.32	$355.04	$333.38
Choice Chuck Value	$165.47	$167.70	$153.74
Other Livestock Prices
Barrows and Gilts (base price)	$78.10	$77.87	$78.23
Pork Carcass Cutout	$89.47	$90.27	$83.69
Georgia Dock Broilers	$104.40	$104.37	$97.32
Georgia Dock B/S Breasts	$193.50	$192.50	$160.00
Georgia Dock Leg Quarters	$50.50	$50.50	$53.00
Feed Prices ($/ton)
Whole Cottonseed1	$288.00	$280.00	$290.00
Cottonseed Meal1	$395.00	$385.00	$340.00
Corn Gluten Meal (60%)1	$640.00	$630.00	$765.00
Soybean Hulls1	$190.00	$185.00	$200.00
Soybean Meal (48%)1	$508.70	$491.30	$474.90
Wheat Midds1	$200.00	$185.00	$260.00
Corn Gluten Feed2	$215.00	$212.50	$210.00
Corn Gluten Pellets (21%)3	$242.50	$237.50	$260.00
Soybean Hull Pellets3	$192.50	$192.50	$225.00
Distillers’ Dried Grains4	$222.50	$221.50	$262.50
Rice Bran5	$200.00	$200.00	$205.00
Meat Production (million lbs)
Beef	489.6	505.0	503.0
Pork	490.0	491.2	475.0
Slaughter (1,000 head)
Cattle	608	629	632
Hogs	2,311	2,320	2,304
Broilers/Fryers	154,564	154,734	154,917
Avg. Dressed Weight
Cattle	807	805	797
Hogs	212	212	206
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	$ 452.00	$ 455.50	$ 512.50	-11.8%
17-17-17	$ 546.50	$ 546.50	$ 596.50	-8.4%
DAP (18%N, 46%P)	$ 590.00	$ 590.00	$ 624.00	-5.4%
Potash	$ 563.00	$ 563.00	$ 647.00	-13.0%
Lime	$ 37.50	$ 37.50	$ 37.50	0.0%
Farm Diesel	$ 3.44	$ 3.43	$ 3.54	-3.0%
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	$61.28	$102.98	$63.75	$115.59
5×5 or 5×6 Roll	NQ	$79.04	NQ	$84.17
Bahia
4×5 Roll	NQ	$125.60	NQ	100
5×5 or 5×6 Roll	NQ	$86.67	NQ	86.67
Prices are $/ton
Source:  USDA-AL Dept of Ag, Market News, Montgomery, AL

Cattle Market Notes: Week Ending Dec 06, 2013

Cash Cattle:

Cash cattle remain in the holding pattern they’ve been in for a number of weeks. The five-area live and dressed steer price finished the week at $131.89 and $209.10, respectively down $0.77 and up $0.39. Live cattle sales in the Texas Panhandle and Southwest Kansas was called at $132 on Thursday. In Nebraska, live and dressed cattle, respectively, sold at $131-$133 and $208-$209. In the Western Cornbelt live cattle trade was reported at $132 and dressed cattle sold at $209.

Livestock Price and Production Tables: Week Ending Dec 06, 2013

Mississippi Auction Markets
Weight	Steers			Heifers
300-350	$210	–	$230	$185	–	$200
350-400	$200	–	$210	$170	–	$185
400-450	$185	–	$210	$170	–	$180
450-500	$177	–	$185	$157	–	$170
500-550	$170	–	$180	$140	–	$160
550-600	$155	–	$170	$140	–	$160
600-650	$145	–	$160	$135	–	$145
650-700	$145	–	$160	$135	–	$145
700-750	$125	–	$145	$120	–	$135
750-800	$125	–	$145	$120	–	$135
Slaughter Cows, Bulls, and Replacements
Boning (80-85% lean)				$75	–	$80
Boning (high-yielding)				$80	–	$90
Lean				$62	–	$75
Bulls, YG 1-2, <1,500 lbs				$85	–	$95
Bulls, YG 1-2, >1,500 lbs				$90	–	$99
Sm/Mdm Cow-Calf Pairs				$1,300	–	$1,700
Mdm/Lg Cow-Calf Pairs				$900	–	$1,400
Sm/Mdm Replacements				$900	–	$1,400
Mdm/Lg Replacements				$900	–	$1,200
Volume1 (head):	vs Last Week			vs Last Year
under 600 lbs	3.4%			5.5%
over 600 lbs	-22.5%			-16.9%
Slaughter Cows	3.1%			1.4%
Rep. Females	3.7%			6.0%
Note: Steer and heifer prices are for medium and large frame, numbers 1-2.
1- Four Week Rolling Average
Source: USDA Agricultural Marketing Service

Cattle Market Notes: Week Ending Nov. 22, 2013

Cash Cattle:

Cash cattle were mostly steady once again this week. The five-area live and dressed steer price finished the week at $130.45 and $206.45, respectively down $0.40 and up $1.45. Live cattle sales in the Texas Panhandle was called at $131 on Thursday. Kansas live trade registered $130 late in the week. In Nebraska, live and dressed cattle, respectively, sold at $130-$131.50 and $207. In the Western Cornbelt live cattle trade was reported at $130 and dressed cattle sold at $207.

Livestock Price and Production Tables: Week Ending Nov. 22, 2013

Mississippi Auction Markets
Weight	Steers			Heifers
300-350	$210	–	$235	$185	–	$205
350-400	$200	–	$210	$175	–	$185
400-450	$190	–	$210	$160	–	$180
450-500	$180	–	$190	$160	–	$180
500-550	$170	–	$180	$140	–	$160
550-600	$155	–	$170	$140	–	$160
600-650	$145	–	$159	$135	–	$145
650-700	$145	–	$159	$125	–	$135
700-750	$130	–	$150	$122	–	$130
750-800	$130	–	$150	$122	–	$130
Slaughter Cows, Bulls, and Replacements
Boning (80-85% lean)				$72	–	$80
Boning (high-yielding)				$80	–	$88
Lean				$64	–	$72
Bulls, YG 1-2, <1,500 lbs				$80	–	$92
Bulls, YG 1-2, >1,500 lbs				$90	–	$102
Sm/Mdm Cow-Calf Pairs				$1,300	–	$1,700
Mdm/Lg Cow-Calf Pairs				$1,100	–	$1,400
Sm/Mdm Replacements				$1,000	–	$1,500
Mdm/Lg Replacements				$750	–	$1,200
Volume1 (head):	vs Last Week			vs Last Year
under 600 lbs	-6.6%			36.3%
over 600 lbs	4.2%			23.8%
Slaughter Cows	-3.0%			60.3%
Rep. Females	-5.4%			29.0%
Note: Steer and heifer prices are for medium and large frame, numbers 1-2.
1- Four Week Rolling Average
Source: USDA Agricultural Marketing Service

Livestock Price and Production Tables: Week Ending Nov 15, 2013

** Please note a few subtle changes with the table formats. Some prices have moved for easier viewing. **

Mississippi Auction Markets
Weight	Steers			Heifers
300-350	$210	–	$235	$190	–	$200
350-400	$200	–	$210	$170	–	$190
400-450	$190	–	$200	$160	–	$175
450-500	$175	–	$190	$150	–	$160
500-550	$160	–	$175	$140	–	$150
550-600	$160	–	$175	$140	–	$150
600-650	$146	–	$160	$128	–	$143
650-700	$146	–	$160	$128	–	$143
700-750	$122	–	$135	$120	–	$128
750-800	$122	–	$135	$110	–	$120
Slaughter Cows, Bulls, and Replacements
Boning (80-85% lean)				$70	–	$78
Boning (high-yielding)				$78	–	$84
Lean				$64	–	$69
Bulls, YG 1-2, <1,500 lbs				$79	–	$90
Bulls, YG 1-2, >1,500 lbs				$87	–	$102
Sm/Mdm Cow-Calf Pairs				$1,300	–	$1,800
Mdm/Lg Cow-Calf Pairs				$800	–	$1,300
Sm/Mdm Replacements				$1,000	–	$1,500
Mdm/Lg Replacements				$700	–	$1,000
Volume1 (head):	vs Last Week			vs Last Year
under 600 lbs	-1.5%			10.1%
over 600 lbs	-6.1%			-10.2%
Slaughter Cows	-1.7%			27.5%
Rep. Females	1.0%			15.7%
Note: Steer and heifer prices are for medium and large frame, numbers 1-2.
1- Four Week Rolling Average
Source: USDA Agricultural Marketing Service

Livestock Price and Production Tables: Week Ending Nov. 08, 2013

Mississippi Auction Markets
Weight	Steers			Heifers			Slaughter Cows, Bulls, and Replacements
300-350	$210	–	$230	$190	–	$200	Boning (80-85% lean)	$71	–	$79
350-400	$200	–	$210	$170	–	$190	Boning (high-yielding)	$79	–	$84
400-450	$200	–	$210	$170	–	$180	Lean	$60	–	$74
450-500	$175	–	$200	$160	–	$170	Bulls, YG 1-2, <1,500 lbs	$75	–	$88
500-550	$165	–	$175	$145	–	$158	Bulls, YG 1-2, >1,500 lbs	$87	–	$100
550-600	$157	–	$165	$145	–	$158
600-650	$145	–	$160	$130	–	$147	Sm/Mdm Cow-Calf Pairs	$1,200	–	$1,600
650-700	$145	–	$160	$130	–	$147	Mdm/Lg Cow-Calf Pairs	$925	–	$1,225
700-750	$128	–	$139	$121	–	$135	Sm/Mdm Replacements	$1,000	–	$1,400
750-800	$128	–	$139	$121	–	$135	Mdm/Lg Replacements	$700	–	$1,000
Volume1 (head):	vs Last Week			vs Last Year
under 600 lbs	-0.8%			6.9%
over 600 lbs	13.5%			-12.3%
Slaughter Cows	-1.9%			19.3%
Rep. Females	-4.4%			16.0%
Note: Steer and heifer prices are for medium and large frame, numbers 1-2.
1- Four Week Rolling Average
Source: USDA Agricultural Marketing Service

Cattle Market Notes: Week Ending Nov 01, 2013

Cash Cattle:

Cash cattle sold mostly steady this week. The five-area live and dressed steer price finished the week at $132.19 and $209.07, respectively, down 10 cents and up $1.27. Trading in the Southern Plains was called at $132. In Nebraska, live and dressed cattle sold at $132 and $207-$208, respectively. Similarly, in the Western Cornbelt, live and dressed were at $130-$132 and $208.