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Washington DC - Fri - May 9, 2008 - USDA Market News
MORNING LIVESTOCK SUMMARY
Estimated Daily Livestock Slaughter under Federal Inspection
CATTLE CALVES HOGS SHEEP
Thursday 05/08/2008 (est) 128,000 3,000 415,000 10,000
Week ago (est) 128,000 3,000 420,000 10,000
Year ago (act) 124,000 2,000 391,000 11,000
Week to date (est) 510,000 13,000 1,650,000 36,000
Same Period Last Week (est) 510,000 13,000 1,668,000 33,000
Same Period Last Year (act) 486,000 9,000 1,541,000 38,000
Previous Day Estimated Steer and Heifer Cow and Bull
Wednesday 102,000 24,000
Chicago Mercantile Exchange Future Prices
Choice Sltr Steers Feeder Steers Live Hog/Lean Value
Set'l Ch Fr Set'l Ch Fr Set'l Ch Fr
Price Pr Day Price Pr Day Price Pr Day
May ----- ---- 106.77 +1050 79.37 +1500
Jun 93.65 +1825 ----- ---- 76.47 +1200
Jul ----- ---- ----- ---- 77.10 +1800
Aug 99.30 +1675 109.47 +1200 78.85 +1150
Sep ----- ---- 110.90 +1450 ----- ----
Oct 105.75 +1400 111.72 +1175 75.87 +1175
Livestock Average Prices TRENDS YEAR AGO
DAY WEEK
Steers Choice 2-4 1100-1300 lbs (Texas) 92.61 UNCH 0.69 96.36
Cows Breakers 1-3 (Sioux Falls) 60.50 UNCH 3.38 54.87
Barrows & Gilts, 51-52% lean plant del. carcass 78.21 0.28 4.95 71.52
Feeder Steer Med 1 650-700 lbs (Okla. City) 111.90 UNCH 1.61 120.30
Sltr Lambs Ch 2-4 Wooled 110-130 lbs (S. Falls) 88.75 UNCH -1.25 91.58
Carcass Equivalent Index Value
Steer and Heifer Beef
Choice 1-3 600-900 lbs 141.76 0.15 0.34 149.78
Select 1-3 600-900 lbs 138.16 -0.28 -0.40 136.71
Beef Cutout Value
Choice 600-900 lbs 155.18 0.18 -1.08 161.50
Select 600-900 lbs 152.10 -0.69 -0.53 148.69
Cutter Cows 127.57 0.94 4.95 118.79
Cutout Based on 200 lb Pork Carcass
53-54% Lean,.65"-.80" Backfat Last Rib 78.71 0.39 4.33 76.81
US No. 2 Yellow Corn (Omaha) 5.91 0.17 0.16 3.32
Source: USDA Market News, Washington, D.C.
Livestock and Grain Market News (202) 720-8054
www.ams.usda.gov/LSMarketNews
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