If scrolling text is frozen,
"Click" the Refresh icon  at the top of your browser.

Slaughter Cattle: Trading was light in Iowa/Minnesota with light demand and mostly inactive in all other regions.  Not enough sales reported to establish a market trend.  Last week live sales traded from 96.50-98.00 and dressed sales sold from 153.00-155.00.

Terminal Markets: Sioux Falls Slaughter Cattle - Slaughter steers and heifers mostly 1.00 lower.  Steers:  Choice 2-3 1220-1315 lbs 93.00-94.00, no implants 1300 lbs 95.30.

Negotiated sales:
Confirmed:      3,754     Week ago:   11,516     Year ago: 3,502
Week to Date: 8,549      Week ago: 180,042     Year ago: 7,758

Negotiated prices paid for Slaughter Steers and Heifers:
Live basis             Steers                               Heifers
Over 80% Choice            -                                     -
65 - 80% Choice     95.00-95.50  avg 95.45             -
35 - 65% Choice     94.00-94.00  avg 94.00        94.00-94.00  avg 94.00
0 - 35% Choice             -                                       -
Total all grades    94.00-95.50  avg 95.31   94.00-94.00  avg 94.00
 
Formula purchases: Today... Previous Day...
Head count priced today: 
Weighted avg weight: 
Weighted avg net price: 
7,900
807
156.27
8,200
825
160.56
.
Cattle Slaughter under Federal Inspection:
Thursday (est)                     126,000
Week ago (est)                     126,000
Year ago (act)                       127,000
Week to date (est)                 500,000
Same Period Last Week (est)  500,000
Same Period Last Year (act)    499,000

Boxed Beef: Boxed beef cutout values were sharply lower on light to moderate demand and moderate to heavy offerings. Select and Choice chuck and round cuts were weak while rib and loin cuts were sharply lower. Beef trimmings were generally steady on moderate demand and offerings.
 
Cutout Values...
CHOICE
SELECT
 
600-900
. .
600-900
-Current Cutout Values:
160.38
 
155.57
-Change from prior day:
-3.21
 
-2.30
.
-Choice/Select spread:
4.81
---
.
Est. Weekly Meat Production Under Federal Inspection: Total red meat production under Federal inspection for the week ending Saturday, July 19, 2008 was estimated at 958.9 million lbs. according to the U.S. Department of Agriculture's Marketing Service. This was 1.0 percent lower than a week ago and 3.8 percent higher than a year ago.  Cumulative meat production for the year to date was 5.2 percent higher compared to the previous year.

August Live Cattle Futures: $98.55...+0.40

October Live Cattle Futures: $105.95...+0.45

December Live Cattle Futures: $108.30...+0.37

August Feeder Cattle Futures: $112.37...-0.22

September Feeder Cattle Futures: 112.35...+0.05

October Feeder Cattle Futures: $113.60...-0.15
 

Sign-Up.to receive The Cattle Range Weekly Market Summary

August Crude Oil Futures Contract: $125.49...+1.05
 


The best rifle available regardless of price

.
CME Feeder Cattle Index: 111.45...+0.07

Report Estimates...
Estimates for Friday's Cattle on Feed & Inventory reports were released and are as follows; on feed July 1, 95.5%, placed during June, 91.8%, and marketed during June, 95%. The inventory report is expected to show all cattle and calves, 99.3%, annual calf crop, 99.4%, total cow numbers, 99.2%, with beef cows pegged at 98.8% and milk cows estimated at 100.6%. Beef replacement heifers are estimated to be at 96.1% of a year ago.

Wednesday Auction Results...
"Click" on individual auction links for complete report...

Batesville Stockyards - Charolette, AR...
Receipts: 690    Last Week: 537    Year Ago: 458
Compared to last week: Slaughter cows steady to 2.00 higher. Slaughter bulls near steady. Feeder steers sold steady to 2.00 lower, heifers sold about steady.

Clovis Livestock Auction - Clovis, NM...
Receipts: 1137   Last Week: 870     Last Year: 1224
Compared to last week: Feeders steers and Heifers unevenly steady. Slaughter cows 2.00-3.00 lower and bulls steady on limited receipts. Trade active demand good.

OKC West - El Reno, OK...
Actual Receipts:  4108        Last Week:  6728       Last Year:  3945
Compared to last week:  Feeder steers steady to 3.00 higher, most advance on 9 weights.  Feeder heifers steady to 2.00 higher.  Demand very good for feeder cattle especially the heavier weights.  Steer and heifer calves not well tested.

Clifton Livestock Commission Co. - Clifton, TX...
Cattle and Calves: 931   Week Ago: 1,008   Year Ago: 1,056
Compared to last week: Feeder steers steady except 600-900 lbs 2.00 higher. Feeder heifers mostly steady, instances 1.00-2.00 lower.  Slaughter cows and bulls steady.  Trade and demand good on all classes.

Lampasas Cattle Auction - Lampasas, TX...
Cattle and Calves: 1,113   Week Ago: 1,193     Year Ago: 412
Compared to last week: Feeder steers and heifers steady to firm.  Slaughter cows and bulls 1.00-3.00 lower.  Trade and demand good.

South Central Regional Stockyards - Vienna, MO...
Cattle receipts: 618    week ago 1517   year ago 1465
Compared to last Wednesday, feeder steers and heifers steady. Slaughter cows steady to 1.00 higher. Supply light.

Winter Livestock Auction - Dodge City, KS...
Receipts: 3108      Last Week: 3256      Last Year: 2701
Compared with last week: steers 700-950 lbs firm to 1.50 higher, full advance on 800-900 lbs with thin flesh and favorable weighting conditions. Heifers 700-900 lbs not enough for a market test, few sales firm; steers and heifers 700 lbs and under steady in a very limited supply.

Bassett Livestock Auction - Bassett, NE...
Receipts: 1900    Two Weeks Ago: 10400    Year Ago: 2400
Compared to the last sale, feeder steers and heifers trendedsteady.  Strong demand for 800 to 900 weight cattle.  Buyer list was somewhat below normal.

Hub City Livestock Auction - Aberdeen, SD...
Receipts:  2012    Last Week:  1591    Year Ago:  545
Compared to last week feeder steers sold steady to 1.00 lower. Feeder heifers 700 lbs and up sold unevenly steady. Heifers under 700 lbs, too few to test.

Public Auction Yards - Billings, MT...
Receipts: 615    Last Week: 846    Year Ago: 349
Compared to last week:  Too few feeder steers and heifers offered today and last week to allow comparisons.  Demand moderate to good for yearlings, moderate demand for calves.  Slaughter cows steady to 2.00 higher, slaughter bulls steady.

Russell Springs Auction - Russell Springs, KY...
Cattle Receipts: 1008   For the week: 1065
Compared to last week: Feeder steer calves 1.00 to 3.00 higher. Feeder heifer calves  mostly steady with 500 pounds and up 2.00 higher. Yearling steers and heifers firm. Slaughter cows and bulls 1.00 to 2.00 higher.

Turner County Auctiion - Ashburn, GA...
Receipts:  950    Last Week:  1000    Year Ago:  963
Compared to one week ago slaughter cows steady to 2.00 higher, slaughter bulls 2.00 higher, feeder steers and heifers steady to 3.00 higher, feeder steer calves 2.00 to 4.00 higher, feeder heifer calves steady to 2.00 higher.

Arcadia Livestock Auction - Arcadia, FL...
Receipts:  1039    Last Week:  1193    Year Ago:  1151
Compared to last week: Slaughter cows and bulls were 1.00 to 2.00 higher. Feeder steers under 450lbs mostly steady over 2.00 to 3.00 lower with heifers mostly 2.00 to 3.00 lower.

Lucedale Livestock Auction - Lucedale, MS...
CATTLE: 810 as compared to 794 last week;  Slaughter Cows 1-2
lower;  Bulls Steady;  Feeder Steers 5-9 higher;  Feeder Heifers 2-8 higher.
 

Sign-Up.to receive The Cattle Range Weekly Market Summary

.
August Pork Belly Futures: $71.32...+3.00

August Lean Hog Futures: $79.92...+1.32

Hogs: National direct trade barrows and gilts 1.11 higher with prices ranging from 70.75-82.50, weighted average price 79.69. At Sioux Falls, barrows and gilts sold steady with 49-51 percent lean 220-280 lbs at 57.50.  At St. Joseph, barrows and gilts sold steady with 46-50 percent lean 240-280 lbs at 53.50-54.00.

Sheep: Centennial Livestock Auction - Ft. Collins, CO - Compared to last week:  Slaughter lambs sold mostly steady on comparable kinds.  Slaughter Lambs: Wooled Choice and Shorn 1-2 57 lbs 102.00; 70-80 lbs 103.00-105.00.

Daily National Grain Market Summary: Corn and wheat closed with slight gains on Thursday with soybeans closing lower.  Wheat closed slightly higher as export sales were very strong at 610,000 tonnes.  Corn closed slightly higher as export sales came in at 323,500 tonnes of old crop and 499,600 tonnes of new crop corn, near the high end of expectations.  Soybeans were lower on fund selling with strong export sales this week at 183,000 tonnes of old crop and 552,400 tonnes of new crop, near the high end of expectations.

Kansas City Corn: $5.44...+0.01

Kansas City Wheat: $7.87...+0.05

Kansas City Soybeans: $13.88...-0.11

September Corn Futures5.73'0...+0.01'4

September Wheat Futures: 7.87'6...+0.04'4

September Soybean Futures: 13.73...-0.09'2

Dow Jones Industrial Average: 11,349.61...-282.77

NASDAQ: 2,280.11...-45.77
 
 

~ Additional reports at "Market Reports" & "Auction Results" ~

.~ Updated daily Monday thru Friday... Normally around 4:00 PM CST ~

Although the information contained within is from sources believed to be accurate and timely, THE CATTLE RANGE EXPRESSLY DISCLAIMS ALL WARRANTIES, EXPRESSED OR IMPLIED, AS TO THE ACCURACY OF ANY THE CONTENT PROVIDED, OR AS TO THE FITNESS OF THE INFORMATION FOR ANY PURPOSE.