Feeder prices trend lower. Slaughter prices steady from last week.
ATHENS, TX, Feb. 20, 2009 -- Compared to last week, feeder steers steady to 2.00 lower. Feeder heifers 2.00-3.00 lower. Slaughter cows and bulls steady.
Bulk of the supply was medium and large 1-2 400-600 lb feeder steers and heifers. Slaughter cows made up 8 percent of the offering, slaughter bulls 2 percent, replacement cows 5 percent, and feeders 85 percent. The feeder supply included 47 percent steers and 53 percent heifers. Near 12 percent of the run weighed over 600 lbs.
Cattle and Calves: 1,065
Week Ago: 955
Year Ago: N/A
Steers:
Medium and Large 1:
300-400 lbs 117.00-120.00, few to 127.50;
400-500 lbs 107.00-110.00, few to 112.50;
500-600 lbs 98.00-100.00.
Medium and Large 2:
300-400 lbs 104.00-111.00;
400-500 lbs 100.00-108.00;
500-600 lbs 90.00-97.00;
600-700 lb calves 86.00-90.00;
700-800 lbs 75.00-78.00.
Medium and Large 3:
400-500 lbs 91.00-97.00;
500-600 lbs 81.00-85.00.
Heifers:
Medium and Large 1:
400-500 lbs 92.00-97.00;
500-600 lbs 85.00-90.00.
Medium and Large 2:
300-400 lbs 90.00-95.00;
400-500 lbs 84.00-92.00;
500-600 lbs 75.00-84.00;
600-700 lb calves 74.00-79.00.
Medium and Large 3:
300-400 lbs 80.00-85.00;
400-500 lbs 79.00-82.00.
Slaughter Cows: %Lean Weight Avg Dressing Hi Dressing Lo Dressing
Boners 80-85 1200-1600 41.00-48.00
Boners 80-85 1000-1200 42.50-46.50
Lean 85-90 1000-1200 34.00-39.50
Lean 85-90 800-1000 30.00-38.00
Lean 85-90 under 800 25.00-28.50
Slaughter Bulls:
Yield Grade 1-2 1300-2100 lbs 50.50-59.00
Low Dressing 1000-1300 lbs 45.50-48.00
Replacement Cows:
Medium and Large 1-2:
young 780-950 lb cows 2-8 months bred 56.00-78.00 CWT;
middle aged 800-1245 lb cows 2-8 months bred 45.00-71.00 CWT;
aged 970-1230 lb cows 5-8 months bred 34.00-46.00 CWT.
Cow/Calf Pairs:
Medium and Large 1-2:
middle aged 925-1240 lb cows w/75-300 lb calves 560.00-860.00 per pair;
aged 750-900 lb cows w/75-200 lb calves 410.00-560.00 per pair.
Source: Texas Dept of Ag Market News-USDA Market News, Amarillo, TX
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Crockett head count was up from last week, and doubled the offering a year ago. Feeder prices up slightly, slaughter prices trending down.
CROCKETT, TX, Feb. 17, 2009 -- Compared to last week, feeder steers and heifers under 500 lbs were steady to firm, over 500 lbs 2.00-3.00 higher. Slaughter cows and bulls 3.00-5.00 lower.
Trade and demand was active. Bulk supply Medium and Large 1-2 300-700 lb feeder
steers and heifers.
Slaughter cows made up 17 percent of the offering, slaughter bulls 2 percent, replacement cows 6 percent, and feeders 75 percent. The feeder supply included 59 percent steers and 41 percent heifers. Near 18 percent of the run weighed over 600 lbs.
Cattle and Calves: 998
Week Ago: 798
Year Ago: 489
Steers:
Medium and Large 1:
200-300 lbs 119.00-128.00, individual 130.00;
300-400 lbs 107.00-117.00, few to 119.00;
400-500 lbs 97.00-107.00, few to 114.00;
500-600 lbs 87.00-96.00, few to 105.00;
600-700 lbs 78.00-88.00, few to 94.00, calves 84.00-90.00;
700-800 lbs 75.00-85.00, few to 90.00;
800-900 lbs 70.00-78.00;
900-1000 lbs 65.00-67.00.
Medium and Large 2:
200-300 lbs 100.00-110.00;
300-400 lbs 93.00-103.00, few to 108.00, thin 110.00-119.00;
400-500 lbs 85.00-95.00, few to 104.00, thin 105.00-110.00;
500-600 lbs 85.00-95.00, few to 100.00;
600-700 lbs 77.00-84.00, few to 93.00, calves 87.00-91.00;
700-800 lbs 82.00-87.00.
Medium and Large 3:
300-400 lbs 85.00-95.00, few to 101.00, thin 107.00-117.00;
400-500 lbs 80.00-90.00.
Heifers:
Medium and Large 1:
300-400 lbs 91.00-99.00;
400-500 lbs 87.00-94.00, individual 100.00;
500-600 lbs 80.00-82.00;
600-700 lbs 75.00-78.00, individual 86.00.
Medium and Large 2:
200-300 lbs 92.00-98.00, individual 109.00;
300-400 lbs 86.00-95.00, individual 99.00;
400-500 lbs 80.00-90.00, few to 95.00;
500-600 lbs 80.00-90.00, few 91.00;
600-700 lbs 72.00-82.00, calves 77.00;
700-800 lbs 71.00-73.00;
Medium and Large 3:
300-400 lbs 75.00-85.00, few to 89.00, thin 93.00-95.00;
400-500 lbs 77.00-85.00, few to 89.00, thin 90.00-91.00.Slaughter Cows:
% Lean Weight Avg. Dressing Hi Dressing Lo Dressing
Breakers 75-80 1200-1600 45.50-46.50
Boners 80-85 1200-1600 44.00-49.50 39.50-43.50
Boners 80-85 1000-1200 43.50-48.50 39.50-42.50
Lean 85-90 1000-1200 37.00-42.50 31.50-35.50
Lean 85-90 800-1000 36.50-41.50 30.00-35.50
Slaughter Bulls
Yield Grade 1-2 1275-1785 lbs 50.50-55.50
High Dressing 1435-2055 lbs 55.50-58.50
Replacement Cows:
Medium and Large 1-2:
young 775-1015 lb cows 7-8 months bred 800.00-980.00 per head;
middle aged 1010-1400 lb cows 7-8 months bred 610.00-770.00 per head;
aged 1070-1365 lb cows 7-8 months bred 560.00-680.00 per head.
Cow/Calf Pairs:
Medium and Large 1-2:
young 815-1010 lb cows w/100-200 lb calves 840.00-910.00 per pair;
middle aged 965-1485 lb cows w/100-280 lb calves 710.00-810.00 per pair,
fancy 1260 lbs cow w/190 lbs calf 910.00 per pair.
Source: Texas Dept of Ag Market News-USDA Market News, Amarillo, TX
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Crockett prices called steady to moderately lower on average supplies.
CROCKETT, TX, Feb. 10, 2009 -- Compared to last week, feeder steers and heifers under 500 lbs were selling 3.00-6.00 lower, over 500 lbs unevenly steady. Slaughter cows and bulls were 1.00-2.00 lower. Trade and demand were moderately active with quality not as attractive as the previous week's offering. The bulk of the livestock supply were Medium and Large 2-3 300-600 lb feeder steers and heifers.
Slaughter cows made up 12 percent of the offering, slaughter bulls 2 percent, replacement cows 7 percent, and feeders 79 percent. The feeder supply included 52 percent steers and 48 percent heifers. Nearly 19 percent of the run weighed over
600 lbs.
Cattle and Calves: 798
Week Ago: 811
Year Ago: 795
Steers:
Medium and Large 1:
200-300 lbs 120.00-124.00;
300-400 lbs 112.00-120.00, fleshy 97.00;
400-500 lbs 97.00-106.00, individual 111.00;
500-600 lbs 86.00-96.00, few to 99.00;
600-700 lbs 79.00-89.00, few to 91.00, calves 86.00-92.00;
700-800 lbs 74.00-79.00, few 85.00-87.00.
Medium and Large 2:
200-300 lbs 110.00-120.00;
300-400 lbs 95.00-105.00, few to 107.00, thin 111.00-122.00;
400-500 lbs 85.00-94.00, few to 103.00, thin 104.00-113.00;
500-600 lbs 82.00-92.00, few to 98.00, thin 99.00;
600-700 lbs 82.00-92.00, individual 88.00, calves 89.00-92.00;
700-800 lbs 74.00-76.00.
Medium and Large 3:
300-400 lbs 86.00-94.00, thin 104.00-107.00;
400-500 lbs 82.00-90.00.
Heifers:
Medium and Large 1:
300-400 lbs 88.00-98.00, few to 103.00;
400-500 lbs 84.00-93.00, fancy 104.00;
500-600 lbs 78.00-80.00, yearlings 78.00-80.00;
600-700 lbs 79.00-80.00;
700-800 lbs 73.00-74.00;
800-900 lbs 74.00-75.00.
Medium and Large 1-2:
pkg 589 lbs 81.50.
Medium and Large 2:
300-400 lbs 80.00-90.00, few to 98.00;
400-500 lbs 74.00-84.00, fancy 85.00-94.00;
500-600 lbs 75.00-85.00, individual 89.00, few to 83.00;
600-700 lbs 73.00-77.00, calves 75.00-82.00;
700-800 lbs 69.00-79.00.
Medium and Large 3:
300-400 lbs 74.00-84.00;
400-500 lbs 75.00-83.00, thin 92.00;
500-600 lbs 77.00-82.00.
Slaughter Cows:
% Lean Weight Avg Dressing Hi Dressing Lo Dressing
Breakers 75-80 1200-1600 45.50-48.50
Boners 80-85 1200-1600 42.00-46.50 50.00-53.00
Boners 80-85 1000-1200 41.50-46.50 49.50-53.50
Lean 85-90 1200-1600 36.50-38.50,
Lean 85-90 1000-1200 30.50-35.50
Lean 85-90 under-800 27.00-30.50
Slaughter Bulls:
Yield Grade 1-2 1400-1730 lbs 51.50-55.50
High Dressing 1705-2320 lbs 58.00-63.50
Replacement Cows:
Medium and Large 1-2:
young 640-970 lb cows 4-8 months bred 500.00-630.00 per head;
middle aged 815-1185 lb cows 2-7 months bred 600.00-820.00 per head;
aged 960-1285 lb cows 5-8 months bred 560.00-700.00 per head.
Cow/Calf Pairs:
Medium and Large 1-2:
middle aged 1055-1080 lb cows w/100-190 lb calves 820.00-900.00 per pair.
Source: Texas Dept of Ag Market News-USDA Market News, Amarillo, TX
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Latest USDA livestock outlook yields mixed news for consumers and producers.
WASHINGTON, D.C., Jan. 22, 2009 -- The livestock outlook released by the United States Dept. of Agriculture (USDA) today was a mixed bag of predictions, saying the poor economy would soften demand in most markets in the first part of 2009, which should net consumers lower prices. But it also mentioned declining production costs and supply levels as bright points for producers, predicting a general strengthening of price support by the years end.
The report says pork and lamb prices will remain stable throughout 2009, claiming a reduction in demand due to national economic conditions.
Poultry prices are expected to continue to decline for the first half of the year, causing a decrese in production which should swing prices higher by years end.
Egg prices, already fairly high, are predicted to climb slightly in the first quarter, then decline seasonally.
Beef prices, consumer friendly of late, are predicted to rise as production levels fall and exports increase, lowering the supply.
Detailed excerpts from the report follow, as well as a link to the complete report.
Pork/hogs:
Recession-squeezed consumer budgets will likely constrain increases in pork and hog prices this year, despite expected reductions in production foreshadowed by the December 1 Quarterly Hogs and Pigs.
Lamb:
Fourth-quarter 2008 commercial production of lamb and mutton is estimated at 42 million pounds, about 13 percent below the fourth quarter of 2007. Lamb and mutton
imports, which in the past have offset tight domestic supplies, are also forecast to slow considerably in the fourth quarter. Despite tight supplies, prices were unable to break out of the price range held for most of 2008 due to the softer-than-expected fourthquarter demand.
Poultry:
With continued lower chick placements, broiler meat production is expected to
decline in fourth-quarter 2008 and through the first three quarters of 2009. With falling production, prices for many broiler products are expected to gradually show some upward pressure, but will be held back at first due to high stock levels. Whole turkey prices remained relatively strong through the end of December. Whole hen turkey prices averaged 87 cents per pound in the fourth quarter and 88 cents per pound in 2008, the fifth consecutive year that average prices have risen. Egg prices remained at relatively high levels through the end of 2008, as a continued smaller table egg laying flock has resulted in lower production. Egg prices in 2009 are expected to gradually strengthen through the Easter period and then decline seasonally.
Beef:
Both commercial cow slaughter and calf slaughter remained at high levels
throughout 2008 relative to total U.S. cow inventories. These slaughter levels will likely result in lower production for 2009 and beyond, potentially providing support for fedcattle prices. Lower prices for energy and feed could mitigate cow and cattle-feeding inventory declines to some extent, while increased exports of U.S. beef could provide further support for cattle and beef prices.
Download the complete report here.
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