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Washington, DC - Thu - May 8, 2008 - USDA Market News
MORNING LIVESTOCK SUMMARY
Estimated Daily Livestock Slaughter under Federal Inspection
CATTLE CALVES HOGS SHEEP
Wednesday 05/07/2008 (est) 126,000 3,000 419,000 9,000
Week ago (est) 125,000 3,000 417,000 8,000
Year ago (act) 127,000 2,000 393,000 9,000
Week to date (est) 382,000 10,000 1,235,000 26,000
Same Period Last Week (est) 382,000 10,000 1,248,000 23,000
Same Period Last Year (act) 362,000 7,000 1,150,000 27,000
Previous Day Estimated Steer and Heifer Cow and Bull
Tuesday 105,000 25,000
**Revised Tuesday Hog Slaughter..412,000 New Week-to-Date..816,000**
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 ----- ---- 105.72 +175 77.87 +1050
Jun 91.82 Unch ----- ---- 75.27 +525
Jul ----- ---- ----- ---- 75.30 -725
Aug 97.62 -200 108.27 + 75 77.70 - 25
Sep ----- ---- 109.45 -100 ----- ----
Oct 104.35 +125 110.55 + 25 74.70 +150
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 3.38 3.38 54.87
Barrows & Gilts, 51-52% lean plant del. Carcass 77.93 1.46 4.67 71.82
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 141.61 0.04 0.19 149.35
Select 1-3 600-900 lbs 138.44 0.10 -0.12 135.74
Beef Cutout Value
Choice 600-900 lbs 155.00 0.03 -1.26 160.86
Select 600-900 lbs 152.79 0.15 0.16 146.95
Cutter Cows 126.63 2.17 4.01 117.33
Cutout Based on 200 lb Pork Carcass
53-54% Lean,.65"-.80" Backfat Last Rib 78.32 1.69 3.94 76.33
US No. 2 Yellow Corn (Omaha) 5.74 0.07 -0.01 3.42
Source: USDA Market News, Washington, DC
202-720-8054
www.ams.usda.gov/LSMarketNews
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