National Daily Feeder and Stocker Cattle PM Summary - USDA
National Daily Feeder and Stocker Cattle PM Summary St. Joseph, Missouri
Friday, August 18, 2017
National Feeder & Stocker Cattle Summary Current Report
NATIONAL FEEDER & STOCKER CATTLE SUMMARY - Week Ending 08/18/17 Receipts: This Week: 190,400
Last Week: 404,200
Last Year: 192,900
USDA Livestock, Poultry & Grain Market News CME Feeder Cattle Index $200 $190
Compared to last week, feeder steers and heifers began the week with trends mostly 5.00 to 10.00 lower. Early-week markets had to play catch-up with the lower markets observed late last week. However, as the week progressed, sales became mixed from 3.00 lower to 5.00 higher. In the Southeast region, feeder markets were 1.00 to 5.00 lower. Trade and demand was moderate, with instances of good demand reported in a few auction barns on yearling cattle as feed yards are in need of cattle to fill pen space. There has been a larger volume of un-weaned and short weaned calves reported, with many seeing heavy discounts. Tuesday’s CME live and feeder cattle futures put optimism into the market, encouraging feeder buyers to purchase cattle at higher prices. However, the confidence faded as the board saw declines thereafter and cash trade for slaughter cattle saw lower prices. Compared to last Friday, August live cattle futures ended the week 3.37 lower at 106.38 and October 1.50 lower at 105.90. Feeder cattle futures for August were 1.27 lower at 140.50 and 2.19 lower at 140.03 for September. There were still noteworthy sales in the field, with the Sheridan Livestock Auction Co. in Rushville, Nebraska seeing several good strings of yearling steers, with several loads of steers weighing 890 pounds selling at an average price of 150.85. There were also several loads of 918 pound yearling steers coming off of grass that sold at an average price of 145.30. …
97.00-98.00 Friday CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT Live Cattle Change Feeder Cattle Change Aug 106.37 (0.75) Aug 140.50 0.02 Oct 105.90 (0.32) Sep 140.02 (0.70) Dec 107.85 (0.42) Oct 139.92 (0.55) Corn Settlements Soybean Settlements Friday CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENT Corn Change Soybeans Change Sep 3.5200 0.0150 Sep 9.3750 0.0725 Dec 3.6575 0.0150 Nov 9.3775 0.0475 Mar 3.7775 0.0150 Jan 9.4575 0.0450 KC Wheat Wheat Change KANSAS CITY BOARD OF TRADE Sep 4.1450 0.0025 Dec 4.4225 0.0025 Mar 4.6075 0.0025 LM_CT100 Friday 5 AREA WKLY ACCUMULATED WTD AVG SLAUGHTER CATTLE PRICE Head Count Avg Weight Avg Price Live Steer 34,219 1,435 109.72 Live Heifer 16,592 1,269 109.99 Dressed Steer 24,006 909 175.26 Dressed Heifer 6,243 816 175.09 LM_XB403 Friday DAILY ESTIMATED BOXED BEEF CUTOUT VALUES Choice Select Choice Cuts 84 loads 600-900# 600-900# Select Cuts 14 loads 194.29 192.50 Trimmings 0 loads (1.34) (1.70) Grinds 25 loads Live Cattle Settlements
SJ_LS710
Feeder Cattle Settlements
$180 $170 $160
$150 $140
$130 $120
$110 J
F
M
A
M
J
J
5 yr avg
A
S
O
N
2016
D
2017
Weekly Choice Cutout $280 $270 $260 $250 $240 $230 $220 $210 $200 $190 $180 $170 $160 $150 J
F M A 5 yr Avg
M
J
J A 2016
S
O
N D 2017
Weekly Select Cutout $250 $240 $230
$220 $210 $200 $190 $180 $170 $160
$150 $140 J
F
M
A
M
J
5 yr Avg
J
A
S
2016
O
N
D
2017
Oklahoma City 400-500 lb Steer Price $260 $240 $220 $200 $180 $160 $140
LN_LS142
ESTD DAILY CATTLE SLAUGHTER SLAUGHTER COW MARKET Fri/Sat 115,000 52,000 New Holland Sales Stables Week Ago (est) 114,000 58,000 Thursday Pct Lean Price Year Ago (act) 113,000 36,000 Breaking 70-80 65.00-69.00 Wk to date (est) 582,000 634,000 Boning 80-85 63.00-68.50 Last Week (est) 583,000 641,000 Lean 85-90 57.00-64.50 Last Year (act) 566,000 602,000 Thursday Previous Day Estimated: Steer and Heifer 94,000 Cow and Bull 23,000
$120
J
F M A M 5 yr Avg
J
J
A S O 2016
N
D 2017
USDA Livestock, Poultry & Grain Market News St. Joseph, Missouri Phone: 816-676-7000 Email: [email protected] http://www.ams.usda.gov/LSMarketNews
Friday, August 18, 2017
National Feeder & Stocker Cattle Summary Current Report
NATIONAL FEEDER & STOCKER CATTLE SUMMARY - Week Ending 08/18/17 Receipts: This Week: 190,400
Last Week: 404,200
Last Year: 192,900
USDA Livestock, Poultry & Grain Market News CME Feeder Cattle Index $200 $190
Compared to last week, feeder steers and heifers began the week with trends mostly 5.00 to 10.00 lower. Early-week markets had to play catch-up with the lower markets observed late last week. However, as the week progressed, sales became mixed from 3.00 lower to 5.00 higher. In the Southeast region, feeder markets were 1.00 to 5.00 lower. Trade and demand was moderate, with instances of good demand reported in a few auction barns on yearling cattle as feed yards are in need of cattle to fill pen space. There has been a larger volume of un-weaned and short weaned calves reported, with many seeing heavy discounts. Tuesday’s CME live and feeder cattle futures put optimism into the market, encouraging feeder buyers to purchase cattle at higher prices. However, the confidence faded as the board saw declines thereafter and cash trade for slaughter cattle saw lower prices. Compared to last Friday, August live cattle futures ended the week 3.37 lower at 106.38 and October 1.50 lower at 105.90. Feeder cattle futures for August were 1.27 lower at 140.50 and 2.19 lower at 140.03 for September. There were still noteworthy sales in the field, with the Sheridan Livestock Auction Co. in Rushville, Nebraska seeing several good strings of yearling steers, with several loads of steers weighing 890 pounds selling at an average price of 150.85. There were also several loads of 918 pound yearling steers coming off of grass that sold at an average price of 145.30. …
97.00-98.00 Friday CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT Live Cattle Change Feeder Cattle Change Aug 106.37 (0.75) Aug 140.50 0.02 Oct 105.90 (0.32) Sep 140.02 (0.70) Dec 107.85 (0.42) Oct 139.92 (0.55) Corn Settlements Soybean Settlements Friday CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENT Corn Change Soybeans Change Sep 3.5200 0.0150 Sep 9.3750 0.0725 Dec 3.6575 0.0150 Nov 9.3775 0.0475 Mar 3.7775 0.0150 Jan 9.4575 0.0450 KC Wheat Wheat Change KANSAS CITY BOARD OF TRADE Sep 4.1450 0.0025 Dec 4.4225 0.0025 Mar 4.6075 0.0025 LM_CT100 Friday 5 AREA WKLY ACCUMULATED WTD AVG SLAUGHTER CATTLE PRICE Head Count Avg Weight Avg Price Live Steer 34,219 1,435 109.72 Live Heifer 16,592 1,269 109.99 Dressed Steer 24,006 909 175.26 Dressed Heifer 6,243 816 175.09 LM_XB403 Friday DAILY ESTIMATED BOXED BEEF CUTOUT VALUES Choice Select Choice Cuts 84 loads 600-900# 600-900# Select Cuts 14 loads 194.29 192.50 Trimmings 0 loads (1.34) (1.70) Grinds 25 loads Live Cattle Settlements
SJ_LS710
Feeder Cattle Settlements
$180 $170 $160
$150 $140
$130 $120
$110 J
F
M
A
M
J
J
5 yr avg
A
S
O
N
2016
D
2017
Weekly Choice Cutout $280 $270 $260 $250 $240 $230 $220 $210 $200 $190 $180 $170 $160 $150 J
F M A 5 yr Avg
M
J
J A 2016
S
O
N D 2017
Weekly Select Cutout $250 $240 $230
$220 $210 $200 $190 $180 $170 $160
$150 $140 J
F
M
A
M
J
5 yr Avg
J
A
S
2016
O
N
D
2017
Oklahoma City 400-500 lb Steer Price $260 $240 $220 $200 $180 $160 $140
LN_LS142
ESTD DAILY CATTLE SLAUGHTER SLAUGHTER COW MARKET Fri/Sat 115,000 52,000 New Holland Sales Stables Week Ago (est) 114,000 58,000 Thursday Pct Lean Price Year Ago (act) 113,000 36,000 Breaking 70-80 65.00-69.00 Wk to date (est) 582,000 634,000 Boning 80-85 63.00-68.50 Last Week (est) 583,000 641,000 Lean 85-90 57.00-64.50 Last Year (act) 566,000 602,000 Thursday Previous Day Estimated: Steer and Heifer 94,000 Cow and Bull 23,000
$120
J
F M A M 5 yr Avg
J
J
A S O 2016
N
D 2017
USDA Livestock, Poultry & Grain Market News St. Joseph, Missouri Phone: 816-676-7000 Email: [email protected] http://www.ams.usda.gov/LSMarketNews
