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Saturday, May 17, 2008
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St. Joseph, MO Fri May 16, 2008 USDA-MO Dept Ag Market News
MORNING FARM PRICES:
In Sioux Falls, SD barrows and gilts sold steady on a light test. Compared
to last week?s close: Barrows and gilts finished steady to 2.00 lower. Sows
closed the week 5.00-6.00 higher. Receipts this week near 2150 including 143
feeder pigs compared to 1900 last week and 3565 including 1058 feeder pigs a
year ago.
Terminal/supply Trend Weight Pct Lean Price Range
St. Joseph, MO 0 Not open today 220-270 46-50 N/A
Sioux Falls, SD 400 Steady 220-270 49-51 56.00
DIRECT HOGS CLOSE- Thursday May 15, 2008.
Purchases Range Weighted Average
IA-So MN 10,030 71.60-85.14 81.82
East CB 9,168 70.00-81.08 78.89
West CB 14,229 71.00-85.14 81.79
Interior MO 950 75.00-76.00 (FOB Buying Station)
ESTIMATED HOG SLAUGHTER UNDER FEDERAL INSPECTION: (Mon-Thu)
Week to Date 1,654,000; Last Week 1,650,000; Year Ago 1,542,000.
USDA NATIONAL CARLOT PORK REPORT- Thursday May 15, 2008. Trading slow, with
moderate to good demand and mostly light offerings.
Loads PORK CUTS: 50.25
Loads TRIM/PROCESS PORK: 3.5
Date Loads Carcass
---------------------------------
05/15 53.8 82.25
Change: 1.40
---------------------------------
05/14 50.8 80.85
05/13 66.4 80.36
05/12 33.5 79.46
05/09 31.5 78.77
Current Five Day Simple Average-
80.34
CATTLE:
TERMINAL SLAUGHTER CATTLE- Friday May 16, 2008. There are no estimated
slaughter cattle on offer this morning in Terminal Markets.
AFTERNOON NATIONAL SLAUGHTER CATTLE REVIEW- Thursday May 15, 2008. Trading was
light in Nebraska and Iowa/Minnesota with light demand. Trading was mostly
inactive in all other feeding regions. Not enough sales reported to establish a
market trend. Last week live sales in the South Plains sold at 94.00. Dressed
sales in Kansas traded from 148.50-149.00. Last week in Colorado and Nebraska
live sales traded at 94.00 while Iowa/Minnesota traded at 92.00. Dressed sales
in Nebraska and Iowa/Minnesota sold from 147.00-149.00 while Colorado sold at
147.00.
Negotiated: Prices paid for Domestic Slaughter Steers Live and Dressed.
Over 80% Choice None None
65-80% Choice 94.00-94.00 avg 94.00 150.00-150.00 avg 150.00
35-65% Choice None 150.00-150.00 avg 150.00
Under 35% Choice None None
TOTAL ALL GRADES: 94.00-94.00 avg 94.00 150.00-150.00 avg 150.00
5 AREA ACCUMULATED DIRECT SLAUGHTER CATTLE MOVEMENT: (Mon-Wed)
Week to Date 1,017 Last Week 21,901; Year Ago 12,352.
CENTRAL U.S. BOXED BEEF- Thursday May 15, 2008. Boxed beef cutout values steady
to firm on moderate demand and offerings. Estimated composite cutout value of
Choice 1-3 600-900 lbs carcasses up 0.33 at 156.83; Select 1-3 600-900 lbs
carcasses up 0.01 at 152.16 ; based on 154.68 loads of Choice cuts, 114.70 loads
of Select cuts, 8.60 loads of Trimmings, and 54.76 loads of coarse ground
trimmings.
ESTIMATED CATTLE SLAUGHTER UNDER FEDERAL INSPECTION: (Mon-Thu)
Week to Date 515,000; Last Week 510,000; Year Ago 500,000.
SHEEP:
TERMINAL SLAUGHTER SHEEP- Friday May 16, 2008. There are no estimated
slaughter sheep on offer this morning in Terminal Markets.
NATIONAL SHEEP SUMMARY CLOSE- Thursday May 15, 2008. At Ft. Collins, CO
slaughter lambs steady, slaughter ewes 3.00-5.00 higher and feeder lambs not
well tested. At Kalona, IA slaughter lambs uneven, lambs over 100 lbs 4.00-5.00
higher, under 90 lbs 6.00 lower, slaughter ewes 3.00 lower and feeder lambs
steady. At El Reno, OK not enough offered for a test. Equity Electronic
Auction sold 200 slaughter lambs in Wisconsin.
ESTIMATED SHEEP SLAUGHTER UNDER FEDERAL INSPECTION: (Mon-Thu)
Week to Date 35,000; Last Week 36,000; Year Ago 35,000.
CARLOT LAMB CARCASS- Thursday May 15, 2008. 2,081 (Prices are bases on
Weighted Average) 45-DN 314.30; 45-55# 257.47; 55-65# 237.73; 65-75# 207.86;
75-85# 202.46; 85-UP 189.96.
SOURCE: USDA- MO Dept of AG Market News Service, St. Joseph, MO
816 238 0678
For more Livestock Market News:
www.ams.usda.gov/LSMarketNews
1030c mas/als
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