United States

 Department of Agriculture

Marketing and Regulatory Programs

 Agricultural Marketing Service

 Livestock and Seed Programs

 Livestock and Grain Market News

LIVESTOCK, MEAT

& WOOL WEEKLY

SUMMARY & 

STATISTICS

------------------------------------------------------------------

VOL. 71 NO. 15 WEEK ENDING: April 12, 2003

LIVESTOCK AND MEAT REVIEW.........................................2

LIVETOCK MARKET RECEIPTS..........................................3

YEAR TO DATE AND CATTLE SLAUGHTER GRAPHS..........................4

HOG, SHEEP AND LAMB SLAUGHTER GRAPHS..............................5

AVERAGE PRICE GRAPHS: FEEDER STEERS/OKLAHOMA CITY

 & SLAUGHTER STEERS/NEBRASKA...................................6

SLAUGHTER CATTLE: WEEKLY QUOTATIONS...............................7

FEEDER CATTLE: WEEKLY QUOTATIONS..................................8

10 MARKET FEEDER CATTLE STATISTICS................................9

WEIGHTED AVERAGES REPORT WEEKLY ACCUMULATION FOR FIVE

 MARKETING AREAS........................ .....................10

WHOLESALE DRESSED MEAT PRICES....................................11

FABRICATED BOXED BEEF CUTS ......................................12

SLAUGHTER HOGS & FEEDER PIGS: WEEKLY QUOTATIONS..................13

DIRECT FEEDER PIG SUMMARY........................................14

PORK WHOLESALE CUTS & COMPOSITE CARCASS CUTOUT...................15

SHEEP & LAMBS: WEEKLY QUOTATIONS.................................16

AVERAGE PRICE CHOICE SLAUGHTER LAMBS GRAPH & NATIONAL WOOL REVIEW.17

BY-PRODUCT PRICE REPORT & EST. HIDE & OFFAL VALUE..............18-19

GRAPHS: CARCASS YIELD GRADE & LIVE VS. MEAT PRICE COMPARISONS ...20

FEDERALLY INSPECTED SLAUGHTER BY STATE

 & DAILY COW SLAUGHTER.........................................21

ESTIMATED FEDERALLY INSPECTED SLAUGHTER & MEAT PRODUCTION. . ... 22

FEDERALLY INSPECTED SLAUGHTER BY REGIONS..........................23

WEEKLY CANADIAN LIVESTOCK PRICES & FEDERAL INSPECTED .............24

MEXICO LIVESTOCK IMPORTS..........................................25

CANADA LIVESTOCK IMPORTS......................................... 26

SPECIAL PAGES TO THIS ISSUE – MARCH MONTHLY FEATURES

MONTHLY SALABLE RECIEPTS FOR MARCH 2003.......................... 27

SELECTED PRICE STATISTICS FOR MEAT ANIMALS & MEAT MARCH 2003..... 28
 2 

Estimated Daily Livestock Slaughter under Federal Inspection

 CATTLE CALVES HOGS SHEEP

Friday 04/11/2003 (est) 126,000 4,000 378,000 13,000

Week ago (est) 120,000 4,000 368,000 11,000

Year ago (act) 123,000 3,000 373,000 10,000

Week to date (est) 632,000 19,000 1,872,000 66,000

Same Period Last Week (est) 620,000 20,000 1,854,000 62,000

Same Period Last Year (act) 630,000 18,000 1,894,000 58,000

Saturday 04/12/2003 (est) 14,000 0 29,000 7,000

Week ago (est) 22,000 0 26,000 5,000

Year ago (act) 13,000 0 26,000 0

Week to date (est) 646,000 19,000 1,901,000 73,000

Same Period Last Week (est) 642,000 20,000 1,880,000 67,000

Same Period Last Year* (act) 644,000 18,000 1,919,000 58,000

2003 Year to date 9,353,000 296,000 27,759,000 833,000

2002 Year to date* 9,512,000 268,000 27,607,000 913,000

Percent change -1.7% 10.4% 0.6% -8.8%

2003 *Totals adjusted to reflect NASS revisions

2002 Totals are subject to revision

Yearly totals may not add due to rounding

Previous day estimated Steer and Heifer Cow and Bull

 Thursday 106,000 25,000

Livestock Average Prices TRENDS YEAR AGO

 DAY WEEK

Steers Choice 2-4 1100-1300 lbs (Texas) 80.08 UNCH 1.11 68.00

Cows Utility 1-3 (So. St. Paul) 44.00 UNCH 0.50 43.25

Barrows & Gilts, 51-2% lean plant del. carcass 46.98 -0.17 1.74 37.69

Feeder Steer Med 1 650-700 lbs (Okla. City) 84.82 0.32 -5.30 83.37

Sltr Lambs Ch 2-4 Wooled 110-130 lbs (S. Falls) 93.50 UNCH -2.50 60.50

Carcass Equivalent Index Index

Steer and Heifer Beef

Choice 1-3 600-750 lbs 125.49 0.62 3.34 108.51

Choice 1-3 750-900 lbs 125.25 0.10 2.94 108.34

Select 1-3 600-750 lbs 115.24 0.17 1.85 103.47

Select 1-3 750-900 lbs 115.42 0.20 2.02 102.62

Beef Cutout Value

Choice 600-750 lbs 134.69 0.79 4.79 118.18

Choice 750-900 lbs 134.33 -0.02 4.16 117.95

Select 600-750 lbs 123.69 0.01 2.92 112.92

Select 750-900 lbs 124.00 0.07 3.21 111.61

Cutter Cows 84.42 -0.63 1.37 92.37

Cutout Based on 185 lbs Pork Carcass

51-52% Lean,.80"-.99" Backfat Last Rib 53.45 -0.50 -0.47 48.64

US No. 2 Yellow Corn (Omaha) 2.33 UNCH UNCH 1.83

LIVESTOCK REVIEW

CATTLE:

Slaughter steers and heifers on live and dressed basis traded fully $1.00 higher with spots $1.50 higher in the

north than a week ago. Trade very active with another week of excellent clearance from feedlots. Compared

to last week, feeder steers and heifers sold steady to $1.00 higher, with calves and stocker cattle trending steady

to $2.00 higher. Slaughter cows were steady to $2.00 higher and slaughter bulls traded steady for the week. 

HOGS:

The National Direct trade closed $1.00 higher, the IA/Southern MN closed $1.75 higher, the Western Cornbelt

Direct trade traded $1.50 higher and the Eastern Cornbelt closed $1.00 higher for the week. Barrow and gilt trade

at St. Paul closed $.50 higher and Sioux Falls terminal markets closed $1.50 higher for the week. Compared to

last week early weaned pigs steady to $2.00 higher and 40- 50 lb feeder pigs traded uneven, $2.00 higher to $2.00

lower. Demand light to moderate on moderate offerings.

SHEEP:

Compared to last week slaughter lambs steady to $2.00 lower, except New Holland, PA steady to as much as

$17.00 lower; slaughter ewes again weak to as much as $10.00 lower; feeder lambs mostly steady to $6.00 lower.

At San Angelo, TX 10,281 head sold in a 1 day sale last week. Internet auction sales sold 175 head in Wisconsin

last week. In direct trading slaughter ewes sold $6.00- 7.00 lower and feeder lambs traded steady to $2.00 higher.

MEAT REVIEW

BEEF:

The carcass price equivalent index value of a Choice 1- 3, 600-750 lbs. carcass was up $2.72 at $124.87 for the

week. Boxed beef cutout values were higher on mostly moderate demand and light to moderate offerings.

Estimated composite of the boxed beef cutout value of a Choice 1- 3 600-750 lbs. carcass was up $4.00 at $133.90

for the week. Cutter cow carcass gross cutout value was estimated at $85.05 per cwt, up $1.98 from a week ago.

Utility carcasses were again not established this week.
2003 2002 2003 2002 2003 2002 2003 2002

Oklahoma City 9,260 6,472 -- -- 355 485 -- --

S. St. Joseph 2,850 2,071 -- -- 900 867 100 18

Sioux Falls 3,510 4,125 -- -- 4,009 5,031 687 1,094

So. St. Paul 3,126 2,382 10 10 3,111 3,690 506 930

West Fargo 1,084 1,245 -- -- -- -- -- --

Total 5 Markets 19,830 16,295 10 10 8,375 10,073 1,293 2,042

Amarillo** 3,325 2,061 -- -- 0 -- -- --

Billings** 4,154 2,308 -- -- 76 46 1,310 992

Dalhart, TX 1,878 1,095 -- -- -- -- -- --

Dodge City** 4,760 3,812 -- -- -- -- -- --

Greeley** 331 717 -- 143 -- -- -- --

Irvington, KY 1/ 1,431 910 -- -- -- -- -- --

La Junta, CO 1,996 4,646 1,542 1,704 -- -- -- --

Lancaster County 2,704 2,522 1,157 1,282 1,352 1,269 2,765 1,028

Lexington, KY* 6,738 5,388 -- -- 164 60 125 97

Montgomery, AL** 388 733 -- -- -- -- -- --

Pratt, KS 5,236 4,667 -- -- -- -- -- --

San Angelo** 1,010 1,344 -- -- -- -- 10,281 8,247

Thomasville, GA 2,200 2,300 5,900 7,000 500 700 -- --

Davenport, WA 974 964 --- -- --- 67 --- 20

Springfield, MO 1,035 1,288 134 16 -- -- -- --

Torrington** 6,623 5,484 -- -- -- -- -- --

West Plains, MO 4,150 2,802 251 -- -- -- -- --

Total 22 Markets 68,763 59,336 8,994 10,155 10,467 12,215 15,774 12,426

*Receipts from two auctions in the same area. ** Cattle and calves combined.

AL-GA-FL

Arizona

California

Colorado

Nebraska

Illinois

Indiana-Ohio

Iowa-So. Minn.

Kansas

Montana

NM,TX 

Oklahoma

WA-OR-Idaho

Wyoming

Total

1,100

33,600

9,600

 --

4,200

--

 --

 --

---

--

446,885

2,000

 --

15,500

1,200

 --

 --

 --

--

--

--

 --

--

 --

11,885

435,000

 --

 --

 --

 --

4,075

1,137

1,555

79,922

745

14,300

400

48,300

---

--

5,800

 --

5,600

 --

2,885

 --

 --

925

--

--

5,800

 --

 --

 --

 --

 --

 --

 --

 --

 --

3

SLAUGHTER

CATTLE CALVES HOGS SHEEP

CONFIRMED DIRECT SALES W/E 04/12/2003

FEEDER HOGS

MARKETS

MARKETS SHEEP

WEEKLY SALABLE RECEIPTS AT 26 PUBLIC MARKETS

Week Ending 04 - 12 -2003 Compared to 04 - 13 -2002

CATTLE CATTLE
4

9.5 9.4

27.6 27.8

0.9 0.8

0

10

20

30

40

50

60

70

80

90

100

110

120

2002

2003

YEAR TO DATE SLAUGHTER

CATTLE HOGS SHEEP

J

F

M

A

M

JJ

A

S

O

N

D

550

600

650

700

750

2002 2003

CATTLE SLAUGHTER
5

J

F

M

A 

M

JJ

A

S

O

N

D

1,400

1,450

1,500

1,550

1,600

1,650

1,700

1,750

1,800

1,850

1,900

1,950

2,000

2,050

2,100

2,150

2,200

THOUSAND HEAD

2003 2002

HOG SLAUGHTER

UNDER FEDERAL INSPECTION

J

F

M

A

M

J

J

A

S

O

N

D

40

50

60

70

80

90

THOUSAND HEAD

2002 2003

SHEEP AND LAMB SLAUGHTER

UNDER FEDERAL INSPECTION
6

J

FMA

MJJ

A S

OND

80

85

90

95

DOLLARS PER HUNDERD WEIGHT

2003 2002

AVG. PRICE FEEDER STEERS - OKLAHOMA CITY

MEDIUM FRAME NO. 1 600-700#

J

FMA

MJJ

A S

OND

60

65

70

75

80

85

PER HUNDRED WEIGHT

2003 2002

AVG. PRICE SLAUGHTER STEER - NEBRASKA

CHOICE 2-4 1100-1300
CATTLE

2003 2002 2003 2002 2003 2002 2003 2002 2003 2002 2003 2002 2003 2002 2003 2002 2003 2002 2003 2002

 Choice 2-4

 1000-1100# -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- - - - - 78.38 69.13

 1100-1300# 80.05 68.10 80.90 66.67 79.99 68.57 81.35 69.38 80.96 68.47 -- -- -- -- 81.00 68.75 80.32 67.89 78.44 69.13

 Select 2-3

 1000-1100# -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- - - - - 72.88 --

 Choice 2-4

 1000-1200# 80.11 68.43 80.60 68.75 80.04 68.44 79.67 68.83 80.76 68.81 -- -- -- -- 81.00 68.75 - - - - 72.50 63.50

 Select 2-3

7

 900-1000# -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- - - - - -- --

2003 2002 2003 2002 2003 2002 2003 2002 2003 2002 2003 2002 2003 2002 2003 2002 2003 2002 2003 2002

Comm 2-4 50.00 49.00 48.31 46.38 0.00 0.00 -- -- -- -- -- -- 47.50 50.13 -- -- -- -- -- --

Brk Ut 1-3 46.25 45.00 46.93 45.73 38.75 40.00 42.00 40.63 36.00 41.00 40.25 40.25 43.83 43.42 40.50 44.00 -- -- -- --

Bn Ut 1-3 45.00 42.50 44.00 44.35 40.13 43.94 41.75 43.00 37.00 42.00 41.00 43.75 39.88 42.75 39.00 43.00

Cutter 1-2 41.25 40.25 36.94 42.40 37.88 39.13 39.00 43.00 34.00 39.00 31.50 37.50 35.83 40.13 36.00 40.00 -- -- -- --

Bulls YG 1-2 53.50 55.50 53.13 55.98 53.03 59.25 52.75 59.75 46.25 56.13 52.50 56.50 53.13 59.58 47.00 52.25 -- -- -- 56.17

15.00 27.50 22.50 57.00

25.00 27.50 -- --

Lancaster

Lancaster

S T E E R S

H E I F E R S

California Illinois

35-65% Direct

WEIGHTED AVERAGES SIMPLE AVERGES

Sioux South Georgia Kentucky San Angelo

Sioux South

Lancaster

Iowa/So Min

65-80%

Nebraska

65-80%

SLAUGHTER CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS

Dollars Per 100 Pounds

Week Ended 04 - 12 - 2003 Compared to 04 - 13 - 2002

Oklahoma

Tex-Okla

35-65%

Kansas

35-65%

Colorado

Wisconsin

 Good 80-90#

 Good 90-100#

Calves

 Choice 250-500#

 Good 200-500#

Vealers

 Choice 150-250#

 Good 110-200#

Falls St. Paul

Auctions County

S L A U G H T E R C O W S SLAUGHTER CALVES & VEALERS

County

Falls St. Paul Auctions Auctions County

Florida

City Auctions Auctions
2003 2002 2003 2002 2003 2002 2003 2002 2003 2002

Med & Lrg #1

 300-350# --- --- 110.13 108.75 101.00 110.50 111.50 112.50 -- --

 350-400# 100.00 --- 106.88 101.75 97.00 103.00 107.50 107.50 108.00 --

 400-450# 94.41 89.97 101.00 96.38 97.00 102.00 104.50 104.00 -- --

 450-500# 95.97 89.31 96.88 91.50 91.00 97.75 99.00 98.50 -- --

 500-550# 93.89 88.18 88.63 85.38 89.50 94.50 95.00 95.50 -- --

 550-600# 87.43 88.38 84.38 79.75 87.00 87.00 89.00 89.50 -- --

 600-650# 86.71 74.93 78.33 76.88 81.00 88.50 85.00 86.00 87.50 --

 650-700# 83.32 74.50 74.50 73.83 77.50 80.00 83.00 84.00 82.25 91.00

 700-750# 77.00 71.99 71.75 70.00 75.50 80.25 80.00 80.50 84.50 --

 750-800# 75.64 68.00 71.50 50.00 74.00 77.50 78.00 78.00 -- --

Medium #2

 300-350# --- --- 99.38 98.00 92.00 100.00 100.00 99.00 -- --

 350-400# --- --- 94.75 91.25 90.00 98.00 97.00 94.50 -- --

 400-450# --- --- 90.00 85.25 88.00 96.00 94.00 92.00 -- --

 450-500# --- --- 87.33 80.00 86.00 94.00 90.00 87.50 -- --

 500-550# --- --- 79.13 76.25 83.00 89.00 85.00 84.50 -- --

 550-600# --- --- 75.75 71.25 81.00 87.00 79.00 79.50 -- --

 600-650# --- --- 70.33 68.63 79.00 85.00 76.00 76.00 -- --

 650-700# --- --- 67.75 66.38 77.00 83.00 74 74 -- --

 Med & Lrg #1

 300-350# --- --- 95.25 92.25 90.50 95.00 95.00 98.50 -- --

 350-400# 94.00 --- 90.88 85.88 86.00 92.00 92.00 95.00 -- --

 400-450# 91.10 80.35 88.25 81.38 84.00 90.00 90.50 95.00 -- --

 450-500# 86.12 85.50 83.50 79.00 79.50 85.00 86.00 90.00 -- --

 500-550# 84.90 80.29 80.50 76.75 77.50 82.50 83.00 86.00 -- --

 550-600# 81.31 77.85 77.13 74.00 75.00 80.00 79.00 82.00 -- 84.00

 600-650# 80.29 75.64 73.50 70.31 73.00 77.50 77.00 79.00 -- 80.25

 650-700# 77.32 75.48 70.83 68.50 71.00 74.50 75.00 77.00 80.00 79.00

Medium #2

 300-350# --- --- 86.00 84.63 81.50 90.00 85.00 86.00 -- --

 350-400# --- --- 83.38 79.25 79.50 88.00 83.00 85.00 -- --

 400-450# --- --- 79.38 75.38 77.50 86.00 81.00 85.50 -- --

 450-500# --- --- 74.88 72.00 75.50 84.00 79.00 83.50 -- --

 500-550# --- --- 72.38 68.88 74.00 79.50 74.00 77.00 -- --

 550-600# --- --- 70.25 68.00 73.00 77.50 72.00 75.00 -- --

 600-650# --- --- 66.38 65.17 72.00 75.50 68.00 70.00 -- --

 650-700# --- --- 64.00 61.83 71.00 73.50 66.00 68.50 -- --

4/6/2002 1190 37

4/5/2003 1185 38

3/29/2003 1170 40

S T E E R S

H E I F E R S

TEXAS-OKLAHOMA PANHANDLE AREA WEEKLY CATTLE SLAUGHTER

WEEK ENDED AVG WEIGHT % HEIFERS

Illinois

Auctions Auctions Auctions Auctions Direct

Washington Georgia Kentucky Arkansas

8

FEEDER CATTLE: WEEKLY AVERAGE OF DAILY QUOTATIONS

In Dollars Per 100 Pounds

Week Ended 04 - 12 - 2003 Compared to 04 - 13 - 2002
NO AVG AVG NO AVG AVG NO AVG AVG NO AVG AVG

HEAD WGT PRICE HEAD WGT PRICE HEAD WGT PRICE HEAD WGT PRICE

400-450 56 419 114.63 15 408 112.44 4 413 104.00 256 424 106.90

450-500 90 476 109.81 18 491 102.00 11 480 104.39 234 473 104.37

500-550 31 519 102.36 39 531 98.02 8 527 97.00 211 527 98.17

550-600 150 580 96.29 77 590 93.76 24 573 92.98 257 586 93.83

600-650 142 626 90.82 12 631 86.26 30 626 88.01 109 622 88.91

650-700 149 685 84.82 94 672 89.25 87 677 84.47 73 677 85.79

700-750 321 732 84.41 118 720 82.86 222 730 81.93 436 722 80.99

750-800 459 782 77.79 280 773 79.24 121 769 80.66 72 776 79.71

800-850 486 825 75.75 208 818 77.14 257 829 76.20 15 814 77.66

850-900 614 872 73.71 548 872 74.64 -- -- -- -- -- --

400-450 101 430 99.61 24 418 97.00 -- -- -- 266 429 91.32

450-500 19 475 93.00 36 483 93.50 -- -- -- 278 470 88.90

500-550 123 527 88.24 61 532 91.61 3 526 82.00 315 530 85.78

550-600 156 577 84.60 -- -- -- -- -- -- 252 583 82.20

600-650 124 614 83.72 31 614 83.75 34 634 80.04 152 622 80.23

650-700 241 678 78.11 92 673 77.36 105 690 77.14 111 666 77.76

700-750 377 731 75.21 273 731 75.52 174 728 75.07 54 719 74.41

750-800 158 775 72.76 102 773 73.91 181 778 73.40 37 774 73.66

NO AVG AVG NO AVG AVG NO AVG AVG NO AVG AVG

HEAD WGT PRICE HEAD WGT PRICE HEAD WGT PRICE HEAD WGT PRICE

400-450 10 433 107.32 8 425 111.00 113 430 113.44 42 401 111.86

450-500 -- -- -- 33 476 113.00 194 482 107.46 30 485 102.91

500-550 -- -- -- 30 521 100.88 278 531 103.11 117 515 103.66

550-600 30 575 97.81 22 570 94.78 382 573 100.74 76 588 102.00

600-650 20 639 86.60 65 637 90.25 695 627 94.76 176 628 91.31

650-700 40 670 83.68 61 680 86.05 345 664 90.90 124 657 94.66

700-750 45 714 84.53 270 731 83.66 645 721 88.47 188 710 83.35

750-800 68 773 79.73 240 768 79.63 664 784 81.69 615 782 81.17

800-850 120 839 75.73 791 821 77.67 1,023 828 80.58 47 813 78.35

850-900 181 879 76.02 544 876 76.09 528 874 75.84 351 874 75.77

400-450 -- -- -- 77 428 89.41 111 424 103.27 26 401 100.81

450-500 -- -- -- 11 495 95.00 246 469 100.93 52 455 100.13

500-550 13 509 86.50 55 512 87.52 409 526 94.77 21 546 90.00

550-600 9 586 84.14 6 554 85.00 634 576 90.19 36 662 87.26

600-650 5 637 84.00 56 632 78.15 569 627 85.33 277 628 86.42

650-700 59 683 79.11 252 671 78.47 819 672 83.54 245 679 84.53

700-750 33 736 78.10 278 723 77.45 519 722 79.05 676 721 82.40

750-800 161 769 75.60 221 775 74.91 838 780 76.64 94 773 75.30

NO AVG AVG NO AVG AVG NO AVG AVG NO AVG AVG

HEAD WGT PRICE HEAD WGT PRICE HEAD WGT PRICE HEAD WGT PRICE

400-450 -- -- -- -- -- -- -- -- -- 11 434 109.04

450-500 60 473 110.36 -- -- -- -- -- -- -- -- --

500-550 24 523 103.48 11 520 102.63 12 524 94.00 36 524 105.24

550-600 103 597 97.39 99 578 97.62 -- -- -- 46 595 94.75

600-650 38 616 93.96 162 629 97.23 8 636 85.00 13 627 92.46

650-700 94 680 89.71 185 670 92.03 -- -- -- 53 678 90.67

700-750 39 720 81.28 96 720 84.12 -- -- -- 41 707 89.20

750-800 18 784 77.91 68 772 76.25 -- -- -- 122 767 82.04

800-850 79 820 78.49 -- -- -- -- -- -- 151 824 77.45

850-900 -- -- -- 42 881 74.90 -- -- -- 38 856 76.75

400-450 23 433 101.60 37 443 98.50 7 422 97.00 -- -- --

450-500 77 481 95.75 22 455 92.50 4 450 94.00 30 482 93.36

500-550 170 518 92.61 44 526 89.36 2 510 83.50 -- -- --

550-600 125 568 88.86 48 565 89.88 2 583 84.00 26 574 107.54

600-650 5 610 85.00 95 612 94.69 -- -- -- 290 618 86.96

650-700 165 667 79.87 6 658 84.75 -- -- -- 247 681 83.67

700-750 57 715 75.61 41 721 74.98 -- -- -- 144 711 83.10

750-800 37 765 76.00 87 759 75.08 -- -- -- 410 782 74.23

* COMBINED SALES

FEEDER HEIFERS

*SOUTHWEST MISSOURI

*CENTRAL S. DAKOTA

FEEDER HEIFERS MEDIUM & LARGE NO. 1

*LA JUNTA, CO *BILLINGS, MT SAN ANGELO

FEEDER STEERS MEDIUM & LARGE NO. 1

OKLAHOMA CITY DODGE CITY

FEEDER HEIFERS MEDIUM & LARGE NO. 1

SIOUX FALLS PRATT, KS NEBRASKA WYOMING AUCTIONS

FEEDER STEERS MEDIUM & LARGE NO. 1

9

FEEDER CATTLE WEIGHTED AVERAGES W/E: 04/12/2003

FEEDER STEERS MEDIUM & LARGE NO. 1

AMARILLO
10

5 AREA WEEKLY WEIGHTED AVERAGE DIRECT SLAUGHTER CATTLE

Texas/Oklahoma; Kansas; Nebraska; Colorado; Iowa/Minnesota Feedlots for:

For: Week Ending Sunday 4/13/03

Confirmed: 200,023 Week Ago: 205,671 Year Ago: 168,628

 LIVE FOB BASIS - Beef Breeds

 Head Weight Price Avg Weighted

 Count Range Range Weight Price

STEERS

Over 80% Choice 749 1,169-1,375 79.50-81.50 1,270 80.91

65 - 80% Choice 8,237 1,150-1,375 79.00-82.00 1,237 80.87

35 - 65% Choice 52,575 1,050-1,400 78.00-82.50 1,207 80.20

 0 - 35% Choice 5,156 1,075-1,300 79.00-81.00 1,183 79.88

Total all grades 66,717 1,050-1,400 78.00-82.50 1,210 80.26

HEIFERS

Over 80% Choice 214 1,135-1,275 80.00-81.25 1,224 81.01

65 - 80% Choice 3,696 1,065-1,300 79.00-81.50 1,147 80.47

35 - 65% Choice 44,402 980-1,300 79.00-82.25 1,105 80.20

 0 - 35% Choice 2,316 1,025-1,250 80.00-80.00 1,090 80.00

Total all grades 50,628 980-1,300 79.00-82.25 1,108 80.22

 DRESSED DELIVERED BASIS - Beef Breeds

 Head Weight Price Avg Weighted

 Count Range Range Weight Price

STEERS

Over 80% Choice 1,306 729-913 127.00-131.00 805 130.08

65 - 80% Choice 8,013 729-889 128.00-132.00 812 130.37

35 - 65% Choice 19,864 672-876 126.00-132.00 780 129.58

 0 - 35% Choice 94 819-819 130.00-130.00 819 130.00

Total all grades 29,277 672-913 126.00-132.00 790 129.82

HEIFERS

Over 80% Choice 912 670-830 129.00-130.00 734 129.75

65 - 80% Choice 3,179 656-826 128.00-132.00 726 130.02

35 - 65% Choice 14,674 660-830 127.00-132.00 718 129.29

 0 - 35% Choice 138 694-694 130.00-130.00 694 130.00

Total all grades 18,903 656-830 127.00-132.00 720 129.44

 LIVE DELIVERED BASIS - Beef Breeds

 Head Weight Price Avg Weighted

 Count Range Range Weight Price

STEERS

Over 80% Choice 1,039 1,150-1,350 80.00-82.00 1,306 80.72

65 - 80% Choice 1,968 1,150-1,325 79.50-82.50 1,240 80.98

35 - 65% Choice 5,430 1,100-1,310 79.00-81.00 1,213 80.02

 0 - 35% Choice - -

Total all grades 8,437 1,100-1,350 79.00-82.50 1,231 80.33

HEIFERS

Over 80% Choice 1,035 1,150-1,275 79.50-83.50 1,203 82.46

65 - 80% Choice 1,000 1,050-1,260 79.50-82.00 1,182 80.74

35 - 65% Choice 3,687 1,040-1,150 79.50-81.00 1,081 80.05

 0 - 35% Choice - -

Total all grades 5,722 1,040-1,275 79.50-83.50 1,120 80.61

 DRESSED FOB BASIS - Beef Breeds

 Head Weight Price Avg Weighted

 Count Range Range Weight Price

STEERS

Over 80% Choice - -

65 - 80% Choice - -

35 - 65% Choice - -

 0 - 35% Choice - -

Total all grades - -

HEIFERS

Over 80% Choice - -

65 - 80% Choice - -

35 - 65% Choice 212 690-690 130.00-130.00 690 130.00

 0 - 35% Choice - -

Total all grades 212 690-690 130.00-130.00 690 130.00

WEEKLY WEIGHTED AVERAGES

 Head Count Avg Weight Avg Price

Live FOB Steer 66,717 1,210 80.26

Live FOB Heifer 50,628 1,108 80.22

Dressed Del Steer 29,277 790 129.82

Dressed Del Heifer 18,903 720 129.44

SAME PERIOD LAST WEEK

 Head Count Avg Weight Avg Price

Live FOB Steer 62,251 1,220 79.12

Live FOB Heifer 47,388 1,113 79.14

Dressed Del Steer 34,693 798 128.73

Dressed Del Heifer 20,823 728 128.41

SAME PERIOD LAST YEAR

 Head Count Avg Weight Avg Price

Live FOB Steer 43,171 1,237 68.47

Live FOB Heifer 30,844 1,124 68.48

Dressed Del Steer 38,856 823 109.78

Dressed Del Heifer 24,268 753 109.19

Source: USDA Market News Service, St. Joseph, MO
CARLOT BASIS

(Weekly Average-Dollars/100 lbs.)

2003 2002

Carcass Equivalent:

 Choice 1-3 600-750# 124.43 110.66

 Choice 1-3 750-900# 124.30 110.26

 Select 1-3 600-750# 114.53 106.16

 Select 1-3 750-900# 114.67 105.47

 

** Carcass Cow & Bull Beef 

no quotes available

Boneless Processing Beef/Beef Trimmings

 

 Bnls Beef 90% Fresh 103.02 125.00

 Frozen 106.75 --

 85% Fresh 95.70 111.13

 

 75% Fresh 86.03 78.25

 65% Fresh 75.38 --

 50% Fresh 70.84 --

 Frozen 64.75 --

 Bnls Beef 92-94% Fresh 149.00

The weekly average gross cutout value of beef carcasses, based on current

prices of fabricated beef cuts (National Equated to FOB Omaha basis for:

Week Previous Year

Ended Week Ago

04/12/03 04/05/03 04/13/02

Choice 600-750# 133.40 128.22 118.74

Choice 750-900# 133.21 128.59 118.20

Select 600-750# 123.07 120.55 114.56

Select 750-900# 123.32 119.97 113.50

Cutter Cows 84.42 83.05 n/q

(Weekly Average-Dollars/100 lbs.)

Choice & Prime- 2003 2002

50-55 201.29 154.07

55-60 196.63 146.87

60-65 195.88 146.14

65-75 192.26 140.94

Veal Carcass (Hide Off) Northest

 Ch & Pr Special Fed 240-300# 169.00 201.00

BEEF CUTOUT VALUE

LAMB CARCASS - CENTRAL FOB PLANT

11

WHOLESALE DRESSED MEAT PRICES

Week Ended 04 - 12 - 2003 Compared to 04 - 13 - 2002

NATIONAL EQUATED

TO FOB OMAHA

Carlot Basis
2003 2002

109E 1 Rib, ribeye, lip-on, bn-in 424.49 392.76

112A 3 Rib, ribeye, bnls, light 461.16 433.84

112A 3 Rib, ribeye, bnls, heavy 476.71 437.79

113A 1 Chuck, square-cut 2 piece 119.39 112.03

114 1 Chuck, shoulder clod 102.32 113.67

114A 3 Chuck, shoulder clod, trmd 115.06 127.64

115 1 Chuck, 2-piece, boneless 122.39 116.18

116A 3 Chuck, roll, 1x1, neck/off 155.25 131.43

120 1 Brisket, deckle-off, bnls 101.80 81.27

160 1 Round, bone-in 116.91 120.91

161 1 Round, boneless 129.32 134.10

167A 4 Round, knuckle, peeled 135.06 152.69

168 1 Round, top inside round 120.33 131.32

168 3 Round, top inside round, trmd 131.63 143.66

170 1 Round, bottom gooseneck 126.07 142.36

171B Round, outside round 131.21 152.69

171C 3 Round, eye of round 191.48 143.03

174 3 Loin, short loin, 0x1 474.20 392.43

180 1 Loin, strip, bnls, heavy 392.72 358.55

180 3 Loin, strip, bnls, 0x1 530.94 392.43

184 1 Loin, top butt, bnls, heavy 226.61 198.60

184 3 Loin, top butt, boneless, trmd 272.10 210.67

185A 4 Loin, bottom sirloin, flap 263.11 245.95

185B 1 Loin, ball-tip, bnls, heavy 248.40 177.78

185C 1 Loin, sirloin, trip-tip 246.09 198.60

189A 4 Loin, tndrloin, trmd, heavy 724.25 706.20

193 4 Flank, flank steak 377.56 301.76

NATIONAL EQUATED

Carlot Basis TO FOB PLANT

IMPS Choice Beef Cuts

12

BOXED FABRICATED BEEF CUTS (VACUUM PACKAGED)

Weekly Weighted Average of Daily Quotations in Dollars Per 100 lbs.

Week Ended 04 - 12 - 2003 Compared to 04 - 13 - 2002
South South Sioux Oklahoma Lancaster

St. Paul St. Joseph Falls City County

Live Carcass

220-240 165-175 - - 33.50 -- -- --

240-280 175-195 - - 33.25 -- -- --

Over 280 Over 195 - - 33.00 -- -- --

Live Carcass

220-240 165-175 - - 33.50 33.88 -- --

240-280 175-195 - - 33.25 33.88 31.33 32.92

Over 280 Over 195 - - 33.00 33.88 31.33 32.92

Live Carcass

220-240 165-175 - - 33.50 -- -- --

240-280 175-195 - - 33.25 -- 31.33 32.92

Over 280 Over 195 - - 33.00 -- 31.33 32.92

US 1-2 300-400# 23.80 22.75 24.75 22.00 24.50

400-500# 25.20 23.50 25.63 22.00 26.00

US 1-3 500-600# 27.20 28.00 30.10 26.33 28.50

600-700# 29.50 29.00 30.60 26.33 28.68

2003 2002 2003 2002 2003 2002 2003 2002

US 1-2 30-40# -- -- 30.25 -- -- -- 75.00 90.00

40-50# -- 35.75 -- -- 46.90 -- -- 86.00

50-60# 46.00 38.00 40.00 45.00 51.00 49.00 80.00 65.00

60-80# -- 35.50 -- 46.50 53.17 60.00 -- --

US 2-3 30-40# -- -- -- 27.50 -- -- -- --

40-50# -- -- -- 38.00 -- 35.00 -- --

50-60# -- -- -- 45.00 48.00 35.00 -- --

70-80# -- -- -- -- 55.00 -- -- --

 --

 --

--

B A R R O W S & G I L T S

-13-

for w/e 04/12/2003

Dollars Per 100 Pounds

SLAUGHTER HOGS: Weekly Average of Daily Quotations

(Per Head)

St. Paul 

(Per Head) (Per Head)

So. St. Joseph

32.56

New Holland

Iowa-S. Minn

53-56 P e r c e n t L e a n

49-52 P e r c e n t L e a n

 F E E D E R P I G S

Sioux Falls

32.56

45-48 P e r c e n t L e a n

 S O W S

(Per Head)

Plnt Del Direct

 --

 --

--

 --

 --

 --

25.14

19.51
14

Iowa & Central US Direct Delivered Feeder Pig: Wk Ending Apr 11

 Weekly Summary of Prices Delivered Farm-to-Farm Basis

RECEIPTS THIS WEEK: 76,039 LAST WEEK: 107,154

VOLUME BY STATE OR PROVINCE OF ORIGIN:

Iowa 23.2%, Manitoba 18.3%, Oklahoma 12.0%,

Ontario 8.0%, Missouri 7.9%, Minnesota 6.7%,

Nebraska 5.6%, Saskatchewan 5.4%, Arkansas 4.9%,

Texas 2.6%, Quebec 1.7%, Michigan 1.4%,

Wisconsin 1.4%, Illinois 0.9%,

TRENDS COMPARED TO LAST WEEK: Early weaned and all feeder pigs uneven, 2.00

higher to 2.00 lower. Demand light to moderate for moderate offerings.

Receipts include 56% early weaned pigs. Receipts include 34% formulated

prices.

LOT SIZE NUMBER OF HEAD PRICE/HEAD WEIGHTED AVERAGE PRICE

EARLY WEANED PIGS 10 POUNDS BASIS: ESTIMATED 50-54% LEAN VALUE

250 head or less 1143 22.00-31.00 $27.21

250-750 6961 25.50-33.00 $28.52

750 or more 34830 21.00-32.00 $28.80

Total Composite 42934 21.00-33.00 $28.71

FEEDER PIGS 40 POUNDS BASIS: ESTIMATED 50-54% LEAN VALUE

250 head or less 869 43.50-46.00 $44.63

250-750 9684 44.00-53.00 $49.38

750 or more 12400 47.00-55.75 $51.42

Total Composite 22953 43.50-55.75 $50.31

FEEDER PIGS 45 POUNDS BASIS: ESTIMATED 50-54% LEAN VALUE

250 head or less 200 53.00-53.00 $53.00

750 or more 4800 45.71-45.71 $45.71

Total Composite 5000 45.71-53.00 $46.00

FEEDER PIGS 50 POUNDS BASIS: ESTIMATED 50-54% LEAN VALUE

250 head or less 325 50.00-50.00 $50.00

250-750 1152 45.00-50.50 $48.41

750 or more 1200 54.00-54.00 $54.00

Total Composite 2677 45.00-54.00 $51.11

FEEDER PIGS 55 POUNDS BASIS: ESTIMATED 50-54% LEAN VALUE

250-750 2475 53.50-55.50 $54.55

Total Composite 2475 53.50-55.50 $54.55

Prices quoted on per hd basis delivered to buyers farm in Iowa, Illinois,

Southern Minnesota, Wisconsin, Eastern Nebraska, & Eastern South Dakota. Prices

include freight & fees on farm to farm basis. Most lots of 40-60 lb pigs have

sliding value from negotiated wt basis, calculated on actual average wt of load

plus or minus .30-.40 per lb. Some early weaned lots have slide of .50-1.00 per

lb. Early weaned pigs under 19 days old. Estimated lean value projected to use

slaughter wts with normal confinement feeding conditions. Vaccination and

health program values are not included but health status should be disclosed.

Southern & Eastern US Direct Delivered Feeder Pig: Wk Ending Apr 11

Weekly Summary of Prices Delivered Farm-to-Farm Basis

RECEIPTS THIS WEEK: 30,633 LAST WEEK: 48,840

TRENDS COMPARED TO LAST WEEK: Early weaned pigs steady to 6.00/hd higher, 45

lbs 6.00/hd lower. Demand moderate for light offerings. Receipts include

21,885 head shipped to Iowa and Central US. Receipts include 62% formulated

prices.

LOT SIZE NUMBER OF HEAD PRICE/HEAD WEIGHTED AVERAGE PRICE

EARLY WEANED PIGS 10 POUNDS BASIS: ESTIMATED 50-54% LEAN VALUE

250 head or less 2095 21.00-30.95 $28.15

250-750 6035 25.00-31.37 $28.40

750 or more 17703 20.00-30.00 $23.96

Total Composite 25833 20.00-31.37 $25.34

FEEDER PIGS 45 POUNDS BASIS: ESTIMATED 50-54% LEAN VALUE

750 or more 4800 43.61-43.61 $43.61

Total Composite 4800 43.61-43.61 $43.61

Prices quoted on per hd basis "picked up" at sellers farm in NC,SC, GA, TN, KY,

AL, MS, AR, MO, TX, OK, KS, IN, OH, MI, CO, UT, & WY. Prices do not include

freight or broker fees. Many lots of 40-60 lb pigs sold with .25-.40 per lb

slide. Some lots early weaned pigs have 1.00 per lb slide value adjusted from

10 lb basis. Early weaned pigs under 19 days old. Estimated lean value

projected to base slaughter wts with normal confinement feeding conditions.

Report does not cover trades which include profit/loss share agreements or

other form of shared ownership agreements.
 

CARLOT BASIS

2003 2002 

LOINS (1/4" Trim")* 21# & dn 91.97 91.67

LOINS (1/8" Trim")* 21# dn 93.60 89.51

LOINS,Cntrcut,Bnls,Strapon 5-11# 136.90 99.98

LOINS,Cntrcut,Bnls,Strapoff 5-11# 150.88 --

BOSTON BUTTS (1/4" Trim)* 5-10# 57.60 58.41

 (1/4"Trim) Steak Ready* 5-10# 68.00 72.36

SPARERIBS* 117.56 129.44

4.25# /up 106.73 117.58

HAM Bone-In Trimmed TS1 17-20# 42.58 40.27

TS1 20-23# 37.98 32.28

TS1 23-27# 37.47 32.41

BELLIES 10-12# 0.00 51.50

(SDLS, SKIN ON TRIMMED) 12-14# 85.00 --

14-16# 89.00 64.08

16-18# 87.00 61.00

18-20# 72.00 50.00

20-25# 0.00 --

PORK TRIMMINGS 42% Fresh 26.50 19.50

(CHEMICAL LEAN) 72% Fresh 38.15 33.03

BNLS PICNIC) 72% Fresh 41.00 36.07

Total

Date Loads Cutout Loin Pic Rib Ham Belly

7-Apr-03 61.75 54.12 66.96 27.96 107.23 36.62 90.68

8-Apr-03 46.75 54.46 68.14 27.41 107.23 36.29 90.68

9-Apr-03 145.38 53.97 68.74 27.56 105.29 36.54 87.75

10-Apr-03 72.38 53.95 68.37 28.56 107.23 35.62 87.75

11-Apr-03 30.13 53.45 68.33 28.58 107.23 35.54 84.44

WEEKLY AVERAGES Total

356.38 53.99 68.11 28.01 106.84 36.12 88.26

Change => 0.49 2.88 -0.45 -1.16 -0.81 -2.03

*VACUUM PACKAGED

Calculations for a 185 lb Pork Carcass

51-52#% lean, 0.80"-0.99" backfat at last rib

Primal Composite Values

NATIONAL EQUATED

TO FOB OMAHA

USDA ESTIMATED COMPOSITE PORK CARCASS CUTOUT

Based on FOB Omaha carlot pork prices and industry yields.

15

FRESH PORK CUTS

(WEEKLY WEIGHTED AVEAGE-DOLLARS/100 LBS.)

Week Ended 04 - 12 - 2003 versus 04 - 13 - 2002

CARLOT PORK AND PORK CARCASS

CUTOUT VALUE

Some renewed retail interest

aided in slight increase in

retail pork cuts prices. Along

with some feature activity and

reduced offerings, caused price

advancement. Hams continue to

move lower as holiday and export

demand decreased, as offerings

continued to exceed buyer

interest. Increased seedless

belly offerings at the week

coupled with reduced slicer

demand resulted in belly prices

moving lower. Lean trimmings

continued at higher prices as

result of increased interest

from sausage manufacturers, 

switching formulation to include

more pork. Fresh bone-in loins

1.00-7.00 higher; butts steady

to 1.00 higher; spareribs

steady; skinned hams 17-20 lb

1.50 lower, 20-23 lb 3.00 lower,

23-27 lb 1.00 lower; seedless

bellies 12-14 lbs 4.00 lower,

14-16 lb 2.00 lower, 16-18 lb

8.00 lower; 42% trimmings 5.00

higher, 72% lean trimmings 7.00

higher, boneless picnic steady

to 2.00 higher. Composite cutout

value 51-52% 185 lb hog carcass

estimated at $53.95 per cwt up

$0.03 from last Friday.
2003 2002 2003 2002 2003 2002 2003 2002 2003 2002 2003 2002 2003 2002 2003 2002 2003 2002

Shorn

 CH&PR (110-130#) 85.00 64.00 -- -- -- -- - - 61.80 97.00 -- -- -- 119.50 --

 CH&PR (130-160#) 85.00 61.50 -- -- -- -- 94.00 61.80 97.00 -- -- -- 91.00 --

Wooled

 CH&PR (110-130#) 90.00 67.00 -- -- 88.50 52.00 - - 56.80 97.00 61.50 -- -- 113.00 --

 CH&PR (130-160#) 85.00 61.50 -- -- -- -- 89.00 56.80 95.50 60.50 -- -- 91.00 --

16

Shorn (80-130#)

 Good 37.00 36.00 -- -- 29.50 20.50 -- -- -- -- 23.50 23.50 30.00 29.00 32.63 31.25 30.25 52.50

 Utility 38.50 39.50 -- 32.00 23.50 34.00 -- -- -- -- 23.50 23.50 27.50 27.00 27.25 26.00 28.00 32.50

 Cull 24.00 23.50 -- -- 16.50 21.00 -- -- -- -- 17.80 20.00 20.50 21.00 16.50 19.25 -- 27.50

Wooled

Med & Large 1-2#

 40-60# 119.00 86.00 -- -- 115.00 -- -- -- -- -- - - - - -- 91.25 -- -- -- --

 60-90# 102.00 78.00 107.50 76.50 100.00 73.00 -- 80.00 110.00 -- 95.00 60.00 -- 78.75 97.50 65.00 -- --

 90-110# 99.75 -- 102.50 66.50 90.00 67.50 105.00 71.50 105.00 68.00 85.00 75.00 -- -- 88.75 66.75 -- --

.

West Coast includes: CA, NV, AZ, OR & WA. Mountain Area includes: CO, WY, MT, ID, & UT.

Ft. Collins, CO

Direct

E w e s

Mountain Area

Feeder Lambs

St. Paul, MN Billings, MT Lancaster

Auction Auction County, PA

West Coast

Slaughter Lambs

Sioux Falls, SD

SHEEP AND LAMBS: WEEKLY AVERAGE OF DAILY QUOTATIONS

(Dollars/100 lbs.)

Week Ended 04 - 12 - 2003 Compared to 04 - 13 - 2002

San Angelo, TX

Classification Direct Direct
17

Wool Highlights

 Domestic wool trading slow to moderate this week. Demand moderate to good. Shearing activity 

increasing in all areas as weather permits, rain or snow showers delay shearing each week. Most 

classes steady. 

 In Territory trading: CO - 19,000 fleeces totaling 171,000 lb: OB, BOU, sorted, 3” plus, 22.5-26 

micron, avg yielding, 1.00-1.10 fob greasy. Few clips low yielding or 2.7-2.9” .90-1.00. Short/coarse 

wools .70-.90; bellies .25; tags .10-.15; black wool .10-.15. 45,000 lb, 3-3.25”, hi yield 21 micron 

yearling and 23 micron 12 month ewe wool at 1.20 greasy fob. Lamb wools: 20,000 lb hi yield 2.5-3”

20-22 micron .85 fob. ID - 35,000 lb OB, BOU, 2.75-3”, 23-25 micron, low yielding .90-.97; 30,000 

lbs classed/skirt BOU, 23-24 micron, hi yield, yearling 1.16 and 12 month 25-27 micron ewe wool 

1.00 fob. Classed/skirted, paint removed, reputation clip, 85,000 lb, 3”, 22-25 micron, 1.15 greasy. 

Bellies ranged .15-.35, Tags/Pieces/Clippings .10-.30; Black wool .10-20. OR - 36,000 lb

class/skirted, low yield,

2.75-3”, 22-25 micron .97 greasy. TX - 280,000 lb off sorts forward contracted: # 1 Tags .25, # 

1 clippings .35-.37 and mostly # 1 Bellies .60, all fob greasy, subject to discounts at take up. 

 WY – 50,000 lb clip, 21 micron yearling and 23 micron ewe wool, hi yield 1.18 fob greasy. Bellies 

.40, blackface .40 and tags .15. CA – 217,000 lb OB, BOU, 22-23 micron, avg yield, staple 1.02-1.10 

fob greasy.

 Australian Eastern Market Indicator closed down 14 at 1079 cents/kg clean. Total of 73,969 bales 

offered with clearance at 66%. 21 Micron greasy contracts for Apr down 57 at 1140, Jun down 72 at 

1099, Aug down 88 1055, Oct down 90 at 1033, Dec down 79 at 1020 and Apr down 80 at 1007. 19 Micron 

cash clean contracts: Apr up 2 at 1247, Jun down 96 

at 1140, Aug down 103 at 1125 and Oct down 102 1128. 23 micron clean wool contracts: Apr up 22 at 

1160, Jun down 108 at 1035, Aug down 94 at 1003, and Oct down 89 at 983. Next sale an estimated 

at 81,000 bales. Australian$ compared to US$ at .5969 compared to .5286 last year. Last years Indicator 

924A.

 New Zealand wool sales included a 10 cent increase in Strong wools to close at 432NZ cents/kg 

and lamb wool up 13 at 439. Total of 11,723 bales offered (1,476 clean tons) with clearance at 80%. 

NZ$ is .5513 vs the US$ compared to .4368 last year. 

Weekly Lamb Pelts Price Report – FOB Major Production Points

 Activity last week, compared to previous week: Packer sorted, green, salted pelts steady to .50 

lower. Easter Holiday slaughter increasing but some lamb size still small. Retail trade for finished 

pelt product slow and buyers reluctant to commit as synthetic products gain interest.

PELT TYPES:PACKER, SEED FREE, MOSTLY GOOD DENSITY WOOL

 SHORN Price Range UNSHORN Price Range

-------------------------------------------------------

 Fall Clips 12.00 -15.00 Wools(tanning) 7.00 - 8.00

 No. 1 10.00 -12.50 (Pulling) 2.00 - 5.00

 No. 2 9.00 -11.00 Western Slope

 No. 3 2.00 - 5.00 Spring Lambs 9.50 -11.50

No. 4 2.00 - 4.50 Calif/Idaho

Imperial's Kansas

Fall Clips Midwest

 No. 1 Native(Gray)

 No. 2

-------------------------------------------------------

J F M

A M J

J A S

O N D

50

60

70

80

90

100

AVERAGE PRICE CHOICE SLAUHGTER LAMBS

2003 2002

AVERAGE PRICE CHOICE SLAUGHTER LAMBS

SIOUX FALLS 
18

CARLOT BASIS - DOLLARS PER 100 LBS.

(FOB CENTRAL U.S. UNLESS OTHERWISE STATED)

WEEK ENDING: 04/11/03

-------------------------------------------------------------------------------------------

BEEF VARIETY MEATS - FROZEN PORK VARIETY MEATS - FROZEN |

------------------------------------------------------------------------------------------|

Tongues, swiss-cut #1, wht 0-3%trim| |Chitterlings | |

Tongues, swiss-cut #1, blk 0-3%trim| |Ears, Pet Treat | 68.00 |

Tongues, swiss-cut #1, mxd 0-3%trim| |Hearts | |

Cheek Meat, Trimmed | 75.10 |Hearts, export | 21.00 |

Head Meat | 44.00 |Kidneys, large box, exp | |

Oxtails, selected, small box | |Kidneys, small box, exp | |

Hearts, regular, Bone out | 23.03 |Cheek Meat, trimmed | 46.80 |

Hearts, export | 23.00 |Livers, small box, export | |

Kidneys, export | 14.50 |Livers, large box | |

Lips, unscalded | |Livers, large box, export | |

Livers, selected, 2/box | |Snouts, partial lean-in | 27.00 |

Livers, selected, 2/box, export | 28.70 |Tongues, green, bnls, small box | 49.50 |

Livers, regular, export | 28.00 |Tongues, tip-on,green, bnls, export | |

Livers, regular | |Tongues, scalded, scraped | |

Trepas | 33.50 |Stomachs, scalded, small box | 26.00 |

Tripe, scalded, edible | 19.50 |Stomachs, scld, small box, export | 29.75 |

Tripe, scalded, edible, export | |Tails | |

Sweetbreads, export | |Salivary Glands | 12.20 |

Feet, nails off, skin on | |Skins, belly, flat packed | |

-----------------------------------|-------|Feet, front toes on | 20.15 |

INEDIBLE GREASE FOB CENTRAL | |Feet, front toes on, export | 20.20 |

-----------------------------------|-------|Neck Bones | 11.60 |

Choice White Grease | 13.93 |--------------------------------------|-------|

Yellow Grease | 11.84 |PORK SKINS FRESH IN COMBO | |

-----------------------------------|-------|FOB SUPPLY POINT | |

INEDIBLE TALLOW & GREASE | |BELLY SKINS, SELECTED | 12.00 |

 CAF CHICAGO | |FATBACK SKINS, SELECTED | 12.00 |

-----------------------------------|-------|HAM COLLAR SKINS, SELECTED | 12.00 |

Packer Bleachable Tallow | 16.80 |HAM SKINS, HOUSE RUN | 8.88 | 

Renderer Bleachable Tallow | 16.90 |PICNIC SKINS, HOUSE RUN | 7.75 | 

Choice White Grease | 14.58 |JOWL SKINS, HOUSE RUN | 8.88 |

-----------------------------------|-------|--------------------------------------|-------|

EDIBLE TALLOW & LARD CAF CHICAGO | |PET FOOD ITEMS | BEEF | PORK |

-----------------------------------|-------|Lungs, inedible | 2.25 | 1.75 |

Edible Tallow | 17.50 |Melts | 2.75 | 4.50 |

Loose Lard, C.P. and/or P.S. | 16.58 |Livers, inedible | 5.00 | 6.50 |

-----------------------------------|-------|Kidneys, inedible | 5.50 | 5.50 |

INEDIBLE TALLOW & GREASE CAF GULF | |--------------------------------------|-------|

-----------------------------------|-------|MAJOR PACKER HIDES, CURED & FLESHED | |

Packer Bleachable Tallow | 16.25 |F.O.B. CENTRAL U.S. PER PIECE | |

Renderer Bleachable Tallow | |Heavy Native Steer | 68.45 |

Choice White Grease | |Colorado Branded Steer | 59.40 |

Yellow Grease | 13.00 |Butt Branded Steer | 63.95 |

-----------------------------------|-------|Heavy Native Heifer | 60.80 |

Edible Tallow CAF Gulf/Texas | 17.10 |Branded Heifer, river | 57.50 |

-----------------------------------|-------|Branded Heifer, Southwest | |

PROTEIN FEED SUPPLEMENTS BULK/TON | |Branded Cow, Southwest | 42.83 |

Ruminant Meat & Bnmeal, 50% protein|171.95 |Branded Cow | |

Ruminant Meat & Bnmeal, Panhandle |172.70 |Native Cow | |

Pork Meat & Bnmeal, 50% protein |172.70 |Dairy Cow | 46.50 |

DRT (hi)/unit protein | |Native Bull Conventional | |

Blood meal, 85% bulk/ton | |Branded Bull Southwest Conventional | 54.60 |

Blood meal, 85% Panhandle Area |383.00 |Heavy Texas Steer | 64.20 |

Pork Blood Meal, 85% protein/ton |392.50 |Branded Steer | 61.80 |

------------------------------------------------------------------------------------------|
19

 ESTIMATED HIDE AND OFFAL VALUE 

 The value is based on current Central U.S. prices and average by-product 

 yields, allowances are made for condemnations. Processing costs are not 

 considered. Differences may be evident between this estimate and

actual returns. Value for week ended 04/11/03-8.17, last week-8.21

last year-7.25. 

 HIDES AND VARIETY MEAT PRODUCTS 

 

 Trading on beef variety meat markets very slow early but moderate to

active late week. Sausage materials markets saw most activity. Supplies of

cheek meat for spot shipment became light. This prompted traders to go after

available supplies forcing prices higher for spot and forward delivery

product. Hearts incurred opposite effect. Moderate supplies at current

prices elicited light demand. Good demand ensued at lower prices leaving

heart market moderately lower. Head meat untested. Other markets very

lightly tested. Demand generally light for mostly light offerings. In thin

test, select livers steady to lower and regular livers made slight gain.

 Trading on pork variety meat markets very slow this week. Markets lightly

tested in most cases. Most activity continued on domestic side and light

demand for light to moderate offerings led to steady to lower trending

prices. Sausage materials markets thinly tested on light demand from traders

and processors. Export demand very light with domestic prices unfavorable

compared to competing product from other countries. Export feet ended

steady.

 Trading on tallows and greases slow to moderate this week. Moderate

demand for mostly light offerings of Chicago edible tallow prompted higher

prices. Chicago lard finished steady to higher. Good chemical demand for

light to moderate offerings of Chicago renderer and packer tallow resulted

in higher prices. Chicago choice white grease ended steady after some high

prices early. Demand & offerings mostly moderate. Central choice white

grease ended steady to lower as yellow grease lower. Feed fat demand light

for moderate offerings.

 Protein feed supplements saw moderate trading this week. Ruminant and

pork meat & bone meal ended steady on light to moderate demand and

offerings. Blood meal finished higher on good demand for light to moderate

offerings. 

 Market activity on major packer hides mostly slow to moderate this week.

Demand light for moderate offerings. Tanner resistance continued, as packers

lowerd prices to move some hides. In mostly light tests, Heavy Native

Steers, Butt Branded Steers and Heavy Texas Steers ended lower, while

Branded Steers finished steady to lower. Colorado Branded Steers ended

higher and Heavy Native Heifers closed steady.

 Beef variety meats: cheek meat 2.00-5.00 higher; head meat 60-70% not

tested; domestic hearts 3.00 lower, export 3.25 lower; select livers steady

to 2.00 lower, regular livers 1.00 higher.

 Pork variety meats: neck bones .50 lower; domestic feet 1.00-1.50 lower,

export steady; export hearts steady; cheek meat 2.00 lower; salivary glands

generally steady; snouts steady; domestic small box stomachs 2.00 lower;

small box green boneless tongues 2.50 lower; uteri no recent test for

comparison.

 Chicago edible tallow .75 higher; Chicago lard steady to .25 higher;

Chicago packer tallow .50 higher; Chicago renderer .50 higher; Chicago

choice white grease steady; Central choice white grease steady to .25 lower;

Central yellow grease 1.00-1.50 lower; Central ruminant meat & bone meal

steady; Panhandle ruminant meat & bone meal steady; pork meat & bone meal

steady; Panhandle blood meal 10.00 higher; pork blood meal 15.00-25.00

higher; Heavy Native Steer hides .50-1.00/piece lower; Butt Branded Steer

hides 1.00-2.00/piece lower; Colorado Branded Steer hides 1.00/piece higher;
20

J

F

M

A

M

JJ

A

S

O

N

D

70

80

90

100

110

120

130

140

DOLLARS PER HUNDRED WEIGHT

Texas CH 2-4 1100-1300 Steers Choice 1-3 550-700 Carcass Equivalent Index Value Choice 600-750 Cutout Value

RELATIONSHIP BETWEEN LIVE/MEAT PRICES - 2003

J

F

M

A

M

JJ

A

S

O

N

D

100

105

110

115

120

125

130

DOLLARS PER HUNDREDWEIGHT

Choice 1-3 Select 1-3 550--700

RELATIONSHIP BETWEEN QUALITY GRADES

Carlot Basis 550-700 Carcass Equivalent Index Value
 21

 Federally Inspected Slaughter --- Selected States

 Week Ended 03/29/2003

-------------------------------------------------------------------------

 : Cattle : Calves

 :---------------------------------------------------------

Selected : : : : Dairy: Other: Bulls :

States : Total : Steers : Heifers : Cows : Cows :& Stags : Total

-------------------------------------------------------------------------

 : ---1,000 Head---

Arkansas : 0.1 0.0 0.0 0.0 0.0 0.0 -.-

Arizona : 8.9 6.4 0.0 2.5 .0 0.0 -.-

California : 24.6 9.7 1.6 11.2 1.4 0.7 2.6

Colorado : 41.4 22.7 18.6 0.1 0.0 0.0 -.-

DE-MD : 0.7 0.5 0.2 0.1 0.0 0.0 0.0

Florida : 1.8 0.1 0.0 0.4 1.1 0.1 -.-

Georgia : 6.8 0.0 .0 0.1 5.7 1.0 -.-

Hawaii : 0.2 0.1 0.0 0.0 0.1 0.0 -.-

Iowa : 13.2 8.0 5.2 0.0 0.0 0.0 -.-

Idaho : 13.6 5.5 2.8 1.8 2.6 0.8 -.-

Illinois : 17.0 11.0 6.0 0.0 .0 0.0 1.8

Indiana : 0.1 0.0 0.0 0.0 .0 0.0 0.2

Kansas :138.4 83.4 54.7 .0 0.3 0.0 -.-

Kentucky : 0.2 0.1 0.0 0.0 0.0 0.0 -.-

Michigan : 9.6 6.1 0.4 3.0 .0 0.0 0.6

Minnesota : 13.8 2.0 0.9 3.7 5.5 1.7 -.-

Missouri : 1.2 0.2 0.1 0.1 0.7 0.1 -.-

Montana : 0.1 0.0 0.0 .0 0.0 0.0 -.-

North Carolina : 3.9 0.0 0.0 1.5 1.5 0.8 0.0

Nebraska :129.4 65.1 49.8 0.2 13.0 1.2 -.-

N ENG 1/ : 0.3 0.0 0.0 0.2 0.0 0.0 0.5

New Jersey : 0.5 0.3 0.0 0.2 0.0 0.1 2.0

New Mexico : 0.5 0.0 0.0 0.4 .0 0.0 -.-

New York : 1.0 0.1 0.1 0.6 0.2 0.1 2.9

Ohio : 1.4 0.1 0.0 1.1 0.1 0.0 1.2

Oklahoma : 0.2 0.0 0.0 0.1 0.1 0.0 -.-

Oregon : 0.2 0.1 0.1 0.0 0.0 0.0 -.-

Pennsylvania : 18.5 7.3 1.2 6.9 2.4 0.6 3.6

Tennessee : 0.2 0.1 0.0 0.0 0.1 0.0 -.-

Texas :116.7 58.9 42.0 2.3 11.1 2.5 0.3

Utah : 11.6 3.9 6.7 0.3 0.5 0.1 -.-

Virginia : 0.1 0.0 0.0 .0 0.0 0.0 -.-

Washington : 14.3 5.5 6.9 1.3 0.5 0.1 -.-

Wisconsin : 28.6 9.0 0.6 12.7 5.7 0.6 2.6

-----------------------------------------------------------------------

 : Hogs : Sheep

 :--------------------------------------------------------

Selected : :Barrows : : Stags : : Mature : Lambs &

States : Total:& Gilts : Sows :& Boars: Total : Sheep : Yrlngs

------------------------------------------------------------------------

 : ---1,000 Head---

Alabama : 1.7 .0 1.5 0.2 -.- -.- -.-

California : 44.5 44.5 0.0 .0 -.- -.- -.-

Colorado : 0.1 0.1 0.0 0.0 -.- -.- -.-

DE-MD : 0.3 0.3 0.0 0.0 0.5 0.0 0.5

Florida : 2.5 2.5 0.1 .0 -.- -.- -.-

Hawaii : 0.5 0.5 0.0 .0 -.- -.- -.-

Iowa :568.8 555.6 9.5 3.7 10.1 .0 10.1

Illinois :156.0 141.8 13.6 0.6 3.1 0.0 3.1

Indiana :136.7 136.7 .0 .0 0.4 0.2 0.2

Kentucky : 39.9 38.3 1.6 0.0 0.2 0.1 0.1

Michigan : 1.6 0.6 1.0 0.0 3.3 0.3 2.9

Minnesota :172.6 172.6 0.0 .0 0.0 .0 0.0

Missouri : -.- -.- -.- -.- 0.1 .0 0.1

North Carolina :196.4 195.4 1.0 0.0 0.0 0.0 0.0

North Dakota : 2.7 2.7 .0 .0 -.- -.- -.-

Nebraska :133.2 133.2 .0 .0 -.- -.- -.-

N ENG 1/ : 0.4 0.4 0.0 0.0 0.3 0.0 0.2

New Jersey : 2.0 1.9 0.0 0.0 1.8 0.1 1.6

New Mexico : -.- -.- -.- -.- 0.1 0.1 .0

New York : 0.5 0.5 0.0 0.0 0.2 0.1 0.1

Ohio : 21.8 19.1 2.5 0.3 0.0 .0 0.0

Oklahoma : 84.1 83.0 1.1 .0 -.- -.- -.-

Oregon : 3.8 3.8 0.0 0.0 0.1 .0 0.1

Pennsylvania : 55.4 55.3 0.1 0.0 1.3 0.2 1.2

South Dakota : 87.4 84.9 2.5 .0 0.3 .0 0.3

Tennessee : 14.7 0.2 14.5 0.0 0.1 .0 0.1

Texas : 6.6 5.2 1.2 0.3 7.5 0.3 7.2

Utah : 0.6 0.6 .0 0.0 0.5 0.4 0.1

Virginia : 73.0 72.7 0.3 .0 -.- -.- -.-

Washington : 0.3 0.3 .0 .0 0.1 0.0 0.1

Wisconsin : 9.2 0.0 9.0 0.2 0.0 .0 0.0

------------------------------------------------------------------------

 1/ N ENG includes CT, ME, MA, NH, RI, and VT

 Cow Slaughter Under Federal Inspection

 By Region and U.S. Total

 ----------------------------------------------------------------------

 : W/E-03/29/2003 : W/E-03/30/2002 

 Region : Dairy : All : Dairy : All 

 : Cows : Cows : Cows : Cows 

 ----------------------------------------------------------------------

 : Head

 1 : 200 200 200 200

 2 : 800 1,000 800 900

 3 : 7,000 9,400 5,400 7,500

 4 : 4,600 13,100 4,400 13,000

 5 : 20,600 31,900 17,800 26,600

 6 : 2,800 14,000 2,000 13,500

 7 : 300 14,300 500 15,500

 8 : 1,000 3,300 900 3,400

 9 : 13,700 15,100 11,700 14,100

 10 : 3,100 6,200 2,800 6,100

 TOTAL U.S. : 54,100 108,600 46,400 100,700

 ----------------------------------------------------------------------

 Totals may not add due to rounding

Source: National Agricultural Statistics Service
Estimated Federally Inspected Slaughter and Meat P

Week Ended Beef Veal/Calf Pork (Exc.. Lard) 

(Meat Production Excludes condemned) Number Production Number Production Number Production 

1,000 Million 1,000 Million 1,000 Million 

12-Apr-03 ESTIMATE 656 503.8 22 4.0 1,988 393.8 05-Apr-03 ESTIMATE 658 503.0 22 4.1 1,935 383.1 

29-Mar-03 ACTUAL 625 457.1 19 3.7 1,912 380.4 

13-Apr-02 ACTUAL 644 479.6 18 3.6 1,919 381.0 

Percent change FromPrevious Week -0.3% 0.2% 0.0% -2.4% 0.0% 2.8% Year Ago 1.9% 5.0% 22.2% 11.1% 3.6% 3.4% 

 Estimated Average Live and Dressed We

 Cattle Veal & calf Hogs 

Week Ended Live Dressed Live Dressed Live Dressed 

12-Apr-03 ESTIMATE 1273 772 305 187 268 199 05-Apr-03 ESTIMATE 1270 768 310 190 268 199 

29-Mar-03 ACTUAL 1218 735 322 198 268 200 

13-Apr-02 ACTUAL 1230 749 330 202 268 199 

 Dressed Weights and Percentage Slaughter by Class Un

 Steers Heifers bows 

Week Ended Percent Pounds Percent Pounds Percent Pounds 

29-Mar-03 ACTUAL 49.0 787 31.7 720 17.4 595 22-Mar-03 ACTUAL 46.8 793 32.9 732 18.5 594 30-Mar-02 ACTUAL 48.8 805 33.3 737 16.1 601 

 Barrows & Gilts Sows Stags/Boars 

Week Ended Percent Pounds Percent Pounds Percent Pounds 

29-Mar-03 ACTUAL 96.4 196 3.4 314 0.3 238 22-Mar-03 ACTUAL 96.5 196 3.3 311 0.3 238 30-Mar-02 ACTUAL 96.6 195 3.1 319 0.3 228 

Estimated Feeder Cattle and Slaughter Sows (Rounded to the Nearest Hundred)

 South Saint South Saint Oklahoma Sioux 

Week Ended Joseph Paul City Falls

12-Apr-03 22 4 91 23 

Previous Week 29 11 107 39 Year Ago 15 3 63 18 

12-Apr-03 7 12 1 2 

Previous Week 4 13 2 2 

Year Ago 4 9 1 3 
U.S. Federally Inspected Slaughter By Regions

 Week Ended March 29, 2003

 -------------------------------------------------------------------------------------------------------------------

 : Cattle : Calves

 Standard :--------------------------------------------------------------------------------------------------------

 Federal : Total 2/ : Steers : Heifers : All Cows : Bulls & Stags: Total 2/ 

 Regions 1/: 2003 : 2002 : 2003 : 2002 : 2003 : 2002 : 2003 : 2002 : 2003 : 2002 : 2003 : 2002

 -------------------------------------------------------------------------------------------------------------------

 : ---1,000 Head---

 1 : 0.3 0.3 0.0 0.0 0.0 0.0 0.2 0.2 0.0 0.0 0.5 0.5

 2 : 1.6 1.3 0.4 0.2 0.1 0.1 1.0 0.9 0.1 0.1 4.9 5.4

 3 : 19.3 17.8 7.8 8.5 1.4 1.3 9.4 7.5 0.6 0.5 3.7 2.9

 4 : 15.9 15.8 0.3 0.3 0.1 0.1 13.1 13.0 2.4 2.5 0.4 0.3

 5 : 70.4 66.6 28.2 29.1 8.0 9.1 31.9 26.6 2.3 1.9 6.4 6.4

 6 : 117.5 117.0 58.9 57.6 42.0 43.4 14.0 13.5 2.5 2.5 0.3 0.1

 7 : 282.2 288.5 156.8 155.5 109.8 115.8 14.3 15.5 1.3 1.6 0.0 0.0

 8 : 55.7 57.9 26.6 25.9 25.4 28.0 3.3 3.4 0.4 0.6 0.0 0.0

 9 : 33.6 33.3 16.1 16.0 1.7 2.6 15.1 14.1 0.7 0.6 2.6 2.0

 10 : 28.1 28.3 11.1 12.7 9.8 8.2 6.2 6.1 1.0 1.3 0.2 0.2

 -------------------------------------------------------------------------------------------------------------------

 U.S. 2/ : 624.7 626.7 306.4 305.8 198.2 208.6 108.6 100.7 11.4 11.6 18.9 17.7

 -------------------------------------------------------------------------------------------------------------------

 : Hogs : Sheep 

 Standard :--------------------------------------------------------------------------------------------------------

 Federal : Total 2/ :Barrows/Gilts: Sows : Stags/Boars : Total 2/ : Mature Sheep : Lambs/Yrlngs

 Regions 1/: 2003 : 2002 : 2003 : 2002 : 2003 : 2002 : 2003 : 2002 : 2003 : 2002 : 2003 : 2002 : 2003 : 2002

 -------------------------------------------------------------------------------------------------------------------

 : ---1,000 Head---

 1 : 0.4 0.5 0.4 0.4 0.0 0.0 0.0 0.0 0.3 1.3 0.0 0.1 0.2 1.2

 2 : 2.5 2.5 2.4 2.5 0.1 0.0 0.0 2.0 4.7 0.2 0.3 1.7 4.4

 3 : 128.6 128.0 128.3 127.6 0.4 0.4 0.0 0.0 1.9 2.7 0.2 0.1 1.7 2.6

 4 : 301.4 266.6 282.2 250.4 19.0 15.8 0.2 0.4 0.4 0.4 0.2 0.2 0.2 0.2

 5 : 497.9 507.4 470.8 482.0 26.1 24.9 1.0 0.6 6.8 9.0 0.6 0.8 6.2 8.2

 6 : 94.1 93.1 88.5 88.1 5.3 5.0 0.3 0.0 7.6 6.3 0.4 0.6 7.2 5.7

 7 : 743.7 723.9 728.9 710.1 11.0 9.2 3.7 4.6 10.2 9.1 0.0 10.2 9.1

 8 : 90.8 91.8 88.3 89.4 2.5 2.4 0.0 0.0 19.6 22.2 0.4 0.3 19.2 21.9

 9 : 45.1 43.1 45.1 43.0 0.0 0.0 0.1 14.1 7.8 0.1 0.1 14.0 7.6

 10 : 7.0 7.6 6.9 7.6 0.0 0.0 0.0 0.0 0.2 0.4 0.0 0.1 0.2 0.4

 -------------------------------------------------------------------------------------------------------------------

 U.S. 2/ : 1911.6 1864.5 1841.9 1801.0 64.5 57.7 5.3 5.7 63.1 63.9 2.1 2.6 61.0 61.3

 -------------------------------------------------------------------------------------------------------------------

 1/ States included in regions are as follows: 1- CT, ME, NH, VT, MA & RI;

 2- NY & NJ; 3- DE-MD, PA, WV & VA; 4- AL, FL, GA, KY, MS, NC, SC & TN; Week Ended Goats Equine 3/Bison

 5- IL, IN, MI, MN, OH & WI; 6- AR, LA, NM, OK & TX; 7- IA, KS, MO & NE; ---------------------

 8- CO, MT, ND, SD, UT & WY; 9- AZ, CA, HI & NV; 10- AK, ID, OR & WA. Head

 2/ Totals may not add due to rounding. 03/29/2003 10,282 1,052 739

 3/ Bison are not covered under the Meat Inspection Act, and therefore 03/30/2002 13,873 895 644

 do not require inspection. Numbers refer to the amount killed in

 Federally Inspected plants, and are not necessarily inspected. 

 Source: National Agricultural Statistics Service
24

Weekly Canadian Livestock Prices and Federal Inspected Slaughter Figures

Area: Alberta Direct Sales, 4% Shrink

Slaughter Steers, mostly Select 1-2, 1000-1200 lbs 76.65

Slaughter Heifers, mostly Select 1-2, 850-1050 lbs 77.42

Area: Ontario Auctions

Slaughter Steers, mostly Select 1-2, 1000-1200 lbs 77.19

Slaughter Heifers, mostly Select 1-2, 850-1050 lbs 76.05

Slaughter Cows, Cutter and Utility 1-3, 1100-1400 lbs 42.22

Average Feeder Cattle Prices:

Steers Southern Alberta Saskatchewan Manitoba

 04/11/03 04/04/03 04/11/03 04/04/03 04/11/03 04/04/03

401-500 lbs 96.85 84.93 99.59 90.00 100.28 83.67

501-600 lbs 92.73 77.64 95.13 81.13 94.44 79.86

601-700 lbs 87.57 73.84 87.92 77.33 89.98 74.16

701-800 lbs 81.39 72.26 79.33 69.72 82.08 73.84

801-900 lbs 75.21 70.67 73.15 No Quote 72.81 71.94

900# + 70.06 68.45 69.37 No Quote 69.03 69.09

Heifers:

301-400 lbs 94.10 81.45 #DIV/0! 82.40 100.97 86.83

401-500 lbs 94.79 76.69 89.29 81.13 92.73 76.69

501-600 lbs 92.38 71.94 87.23 73.84 87.92 72.26

601-700 lbs 83.11 69.09 81.39 68.77 82.77 71.31

701-800 lbs 78.30 69.40 77.96 70.36 75.90 69.72

800# + 68.69 69.72 71.09No Quote 70.40 69.40

Province Ontario

No.2 220-240lbs Hogs, quoted by Provincial Board 33.02

All prices have been converted to U.S. $/CWT.

Exhcange Rate: U.S. dollar equivalent to $1.4559 Candian dollars

Grades changed to approximate U.S. equivalents

Canadian Federally Inspected Slaughter

 Current Week Ago Year Ago 03/29/03 03/30/02 %Change

 03/29/03 03/22/03 03/30/02 YTD YTD

Cattle: 60,148 60,051 52,128 771,251 764,002 0.9%

Calves: 4,330 4,674 4,239 56,860 58,747 -3.2%

Sheep: 3,221 2,800 3,308 35,130 37,821 -7.1%

Hogs: 429,128 428,767 356,802 5,502,992 5,107,241 7.7%

Source: Agriculuture Canada & CANFAX
25

Mexico to U.S. Weekly Cattle Import Summary

 Week Ending: Fri April 11, 2003

 Receipts EST: 19,500 Week ago Act: 19,743 Year ago Act: 2,059

 Compared to last week, steer calves and yearlings, firm to 1.00 higher.

Heifers 1.00 higher. Trade moderate to active, demand moderate to good.

Bulk of supply consisted of steers and spayed heifers weighing 300-600

lbs. For the week ending April 5, 60 head of slaughter cattle were

exported to Mexico from the U.S.A.

 Feeder steers: Medium and large 1&2, 300-400 lbs 102.00-114.00; (calves

weighing under 300 lbs 113.00-117.00) 400-500 lbs 88.00-100.00; 500-600 lbs

80.00-88.00; Medium and large 2&3, 300-400 lbs 92.00-103.00; 400-500 lbs

78.00-89.00; 500-600 lbs 70.00-77.00.

 Feeder heifers: Medium and large 1&2, 300-400 lbs 85.00-96.00;

400-500 Lbs 75.00-86.00.

 

 

(all sales fob port of entry.) 

Mexico to U.S. Imports

Species Current Previous Current Previous

 Week Week Year-to-dat Year-to-date

 04/12/2003 04/05/2003

Feeders 19,273 33,977 340,069 400,696

Slaughter 0 0 0 0

Total 19,273 33,977 340,069 400,696

Source: USDA Market News Service, Las Cruces, NM
26 Canadian Live Animal Imports into U.S. by Destination

Reporting for w/e April 5, 2003

Cattle

Region Feeder Sltr Sltr Sltr Breeding Breeding Other Total

 Strs/Hfr Cows Bulls Males Females

 AA AB AC AD AE AF AG

 1 8 0 0 0 0 0 15 23

 2 0 741 0 85 0 0 99 925

 3 0 909 1,070 265 0 0 55 2,299

 4 0 0 0 0 0 0 36 36

 5 0 3,594 2,496 474 0 12 69 6,645

 6 356 125 0 0 5 0 80 566

 7 3,299 2,296 60 30 2 0 0 5,687

 8 380 3,962 0 0 54 0 26 4,422

 9 0 0 0 0 0 0 0 0

 10 1,041 5,578 590 87 2 0 8 7,306

Total 5,084 17,205 4,216 941 63 12 388 27,909

Hogs

Region Feeder Sltr Sltr Breeding Breeding Other Total

 B/G S/B Males Females

 AH AI AJ AK AL AM

 1 28 0 0 0 0 32 60

 2 0 0 0 0 0 0 0

 3 0 0 1,354 0 0 120 1,474

 4 0 1,806 676 0 0 0 2,482

 5 29,777 1,745 6,476 37 320 210 38,565

 6 0 0 0 0 0 0 0

 7 51,182 2,961 927 3 0 0 55,073

 8 7,940 4,792 476 0 274 0 13,482

 9 385 4,100 0 0 0 0 4,485

 10 390 2,977 0 0 0 0 3,367

Total 89,702 18,381 9,909 40 594 362 118,988

Sheep

Region Feeder Sltr Sltr Breeding Breeding Other Total

 Lambs Ewes Males Females

 AN AO AP AQ AR AS

 1 200 0 0 0 48 0 248

 2 0 836 0 0 0 0 836

 3 0 0 0 0 3 0 3

 4 0 0 0 0 0 0 0

 5 0 100 0 0 0 23 123

 6 0 0 0 0 0 0 0

 7 0 727 0 0 0 0 727

 8 0 1,009 0 0 0 0 1,009

 9 0 275 0 0 0 0 275

 10 0 0 0 0 0 0 0

Total 200 2,947 0 0 51 23 3,221

Dairy Cattle

Region Breeding Breeding Other Total

 Males Females

 AT AU AV

 1 3 149 0 152

 2 0 139 0 139

 3 0 27 0 27

 4 0 35 0 35

 5 3 665 0 668

 6 0 37 0 37

 7 0 145 0 145

 8 1 66 0 67

 9 0 33 0 33

 10 8 136 0 144

Total 15 1,432 0 1,447

Goats

Region Angora Spanish Breeding Breeding Other Total

 Males Females

 AW AX AY AZ BA

 1 0 0 0 0 0 0

 2 0 321 0 0 0 321

 3 0 0 0 0 0 0

 4 0 0 0 0 0 0

 5 0 0 0 0 0 0

 6 0 0 0 0 0 0

 7 0 0 0 0 0 0

 8 0 0 0 0 0 0

 9 0 610 0 0 0 610

 10 0 0 0 0 0 0

Total 0 931 0 0 0 931

Horses

Region Feeder Sltr Breeding Breeding Geldings Other Total

 Males Females

 BB BC BD BE BF BG

 1 0 0 0 0 7 5 12

 2 0 0 0 3 8 8 19

 3 0 0 0 1 0 10 11

 4 0 0 1 18 6 39 64

 5 0 0 0 0 1 43 44

 6 0 45 1 0 1 3 50

 7 0 0 0 0 2 0 2

 8 0 0 0 21 13 315 349

 9 0 0 0 1 1 19 21

 10 126 0 2 7 2 16 153

Total 126 45 4 51 41 458 725

States included in regions are as follows:

1 - CT, ME, NH, VT, MA & RI 6 - AR, LA, NM, OK & TX

2 - NY & NJ 7 - IA, KS, MO & NE

3 - DE-MD, PA, WV & VA 8 - CO, MT, ND, SD, UT & WY

4 - AL, FL, GA, KY, MS, NC, SC, & T9 - AZ, CA, HI & NV

5 - IL, IN, MI, MN, OH & WI 10 - ID, OR & WA

Source: USDA, APHIS Data.
MAR MAR MAR MAR MAR MAR MAR MAR

2003 2002 2003 2002 2003 2002 2003 2002

Oklahoma City 47,188 42,396 -- -- 4,032 2,770 -- --

S. St. Joseph 12,459 12,077 -- -- 3,544 3,989 85 177

Sioux Falls 17,087 16,470 -- -- 15,199 17,301 4,528 2,926

So. St. Paul 9,726 10,013 111 72 11,313 12,448 3,084 4,143

West Fargo 4,488 4,385 -- -- -- -- -- --

Total 5 Markets 90,948 85,341 111 72 34,088 36,508 7,697 7,246

Amarillo** 17,023 14,855 -- -- -- -- -- --

Billings** 10,440 11,508 -- -- 17 52 2,763 1,607

Dalhart, TX 11,516 14,008 -- -- -- -- -- --

Dodge City** 15,324 18,795 -- -- -- -- -- --

Greeley** 3,002 2,695 696 403 -- -- -- --

Irvington, KY 1/ 6,171 5,752 -- -- -- -- 26 41

La Junta, CO* 13,207 36,431 8,091 18,400 -- -- -- --

Lancaster County 11,595 9,610 7,240 6,563 4,968 5,660 4,203 6,921

Lexington, KY* 27,491 20,847 -- -- -- 180 -- 172

Montgomery, AL** 2,772 2,524 -- -- -- -- -- --

Pratt, KS 26,090 28,792 -- -- -- -- -- --

San Angelo** 6,567 8,593 -- -- -- -- 35,741 58,108

Thomasville, GA 8,820 13,335 24,465 27,195 2,730 2,830 -- --

Davenport, WA** 3,015 3,035 -- -- 75 150 46 104

Springfield, MO 4,451 6,811 292 56 -- -- -- --

Torrington** 14,821 15,418 -- -- -- -- -- --

West Plains, MO 19,273 16,058 1,184 -- -- -- -- --

Total 22 Markets 292,526 314,408 42,079 52,689 41,878 45,380 50,476 74,199

*Receipts from two auctions in the same area. **Cattle & calves combined

Estimated Calf Slaughter by Type Under Federal Inspection

Feb-03 Jan-03 Feb-02

Bob Veal 25,879 41,828 23,760

Formula Fed 150-400 lb 51,099 44,674 43,264

Non-Formula Fed 150-400 lb 1,217 2,043 1,493

Others Over 400 lb 3,105 3,055 2,683

Total 81,300 91,600 71,200

Some adjustments have been made to account for missing data and differences in weeks that fall into 2 months.

27

CATTLE CALVES HOGS SHEEP

MARKETS

MONTHLY SALABLE RECEIPTS AT 22 PUBLIC MARKETS
Commodities/Months Mar-03 Feb-03 Jan-03 Dec-02 Nov-02 Oct-02 Sep-02 Aug-02 Mar-02

* Texas, Wgt. Avg. 35-65% 77.34 80.39 78.24 73.11 70.21 65.64 65.63 63.41 71.97

* Kansas, Wgt Avg. 35-65% 77.53 80.03 78.01 72.71 70.38 65.55 65.43 63.13 72.31

* Nebraska, Wgt. Avg. 65-80% 77.52 78.77 77.18 72.24 70.12 64.93 64.43 62.96 72.59

* Colorado, Wgt. Avg. 35-65% 77.39 80.06 77.39 72.69 70.65 65.34 65.48 62.84 71.75

* IA Direct, Wgt Avg. 65-80% 76.80 77.48 76.15 71.94 69.12 64.40 64.31 63.39 n/q

5 Area Wtd Avg Direct Sltr Steer 77.41 80.17 77.97 72.86 70.28 65.17 65.06 63.15 n/q

 Commercial 46.75 45.50 42.88 39.67 40.50 43.30 44.25 43.20 49.13

 Breaking Utility 43.00 42.56 40.94 37.17 37.50 37.10 38.94 40.00 46.06

 Boning Utility 42.13 40.25 39.63 35.83 34.50 35.80 37.94 37.50 44.06

 Cutter 40.50 39.38 38.00 34.50 34.83 34.60 36.81 35.65 43.31

 Canner 36.08 35.29 34.55 31.97 32.02 31.91 33.52 31.74 39.00

 Good 85-110#, New Holland, PA 21.37 40.36 22.02 24.83 25.95 23.43 33.75 28.61 30.63

 Ok. City: Med & Lrg No. 1, 400-450# 109.83 105.61 107.78 105.88 104.47 100.02 98.43 97.52 107.39

 Ok. City: Med & Lrg No. 1, 450-500# 104.59 101.18 101.29 100.63 98.49 95.70 90.47 93.89 104.28

 Ok. City: Med & Lrg No. 1, 600-650# 88.49 85.43 84.72 85.94 86.28 85.53 86.29 84.90 90.13

 Ok. City: Med & Lrg No. 1, 650-700# 83.07 82.05 82.68 85.39 85.63 84.44 84.66 82.41 86.91

 Dodge City: Med & Lrg No. 1 600-650# 85.70 82.80 86.28 86.09 83.48 n/q 83.85 82.90 89.45

 Dodge City: Med & Lrg No. 1 650-700# 80.62 81.44 83.35 84.77 81.99 81.74 82.73 82.11 85.83

 Amarillo: Med & Lrg No.1, 600-650# 83.01 85.73 84.02 85.63 84.58 83.08 85.25 85.57 87.98

 Amarillo: Med & Lrg No.1, 650-700# 81.69 83.22 82.78 84.00 83.98 81.85 n/q 85.00 85.34

 Georgia: Med & Lrg No.1, 600-650# 76.32 75.41 74.94 72.94 72.72 71.95 72.25 71.45 79.58

 Georgia: Med & Lrg No.1, 650-700# 72.78 72.65 73.13 71.26 70.81 70.00 70.57 69.78 75.96

 Georgia: Med & Lrg No.1, 400-450# 96.88 98.69 94.25 90.82 89.98 87.03 85.72 84.45 91.07

 Georgia: Med & Lrg No.1, 450-500# 91.25 91.44 88.13 85.06 83.99 81.88 80.79 79.55 85.64

 Ok. City: Med & Lrg No. 1, 400-450# 92.57 93.50 91.58 90.27 87.89 86.59 85.87 84.82 91.21

 Ok. City: Med & Lrg No. 1, 450-500# 88.96 87.43 86.74 85.17 83.99 82.97 80.77 81.08 98.30

 Ok. City: Med & Lrg No. 1, 600-650# 78.73 76.88 80.14 82.25 81.09 80.51 79.72 77.39 81.07

 Ok. City: Med & Lrg No. 1, 650-700# 74.72 75.76 79.43 82.05 81.52 79.19 78.32 77.55 79.61

 Dodge City: Med & Lrg No. 1, 600-650# 79.07 76.65 80.35 82.63 78.25 77.93 78.94 80.04 81.97

 Dodge City: Med & Lrg No. 1, 650-700# 74.19 76.70 79.38 82.78 80.30 77.25 77.67 78.99 77.52

* Ia-So Mn, 185# Carcass, Plant dlvd 47.65 46.13 44.71 41.21 38.65 41.06 36.38 54.74 n/q

* Western Corn, 185# Carcass, Plnt dlvd. 47.70 46.09 44.79 41.43 38.65 41.01 36.57 54.67 n/q

* Eastern Corn, 185# Carcass, Plant dlvd 47.68 46.60 44.16 42.28 38.37 40.35 33.38 52.92 n/q

* National, 185# Carcass, Plant dlvd 47.67 46.28 44.49 41.77 38.53 40.72 35.20 53.00 n/q

* Iowa-S. MN., No. 1-2, 300-450# 24.07 23.27 21.80 22.28 20.96 26.33 15.38 20.87 29.50

 Lamb, Shorn, Choice, San Angelo 96.25 90.25 89.25 86.88 83.00 76.20 73.69 74.35 64.00

 Lamb, Wooled, Choice, So. St. Paul 97.95 87.70 86.30 84.20 82.25 76.72 75.00 77.50 58.05

 Ewes, Good Shorn, San Angelo 48.69 48.50 47.38 45.31 42.00 37.25 35.38 36.55 36.00

 Ewes, Good, So. St. Paul 34.90 35.50 35.65 34.63 24.80 20.70 20.50 22.00 27.43

 Feeder Lambs (Wooled 60-90#)

 Choice, San Angelo 109.50 103.81 104.00 97.00 93.67 84.65 76.13 77.30 78.00

 Choice, So. St. Paul 102.00 100.10 95.90 91.05 83.95 77.36 69.74 70.00 77.75

 Choice 1-3 600-750# 126.35 128.77 128.59 122.45 116.41 111.64 111.83 110.93 120.54

 Choice 1-3 750-900# 126.02 127.69 127.94 121.36 115.36 110.26 110.64 109.91 120.02

 Select 1-3 600-750# 119.91 122.26 123.41 116.89 110.41 102.56 102.96 103.51 117.34

 Select 1-3 750-900# 119.78 121.41 122.92 116.04 109.10 101.47 101.91 102.94 117.13

 Pork Loins, Bone-In 1/4"Trim, 21#Dn 92.03 94.65 90.97 90.60 82.03 90.68 86.18 94.47 99.93

 Pork Bellies, Skin-On Trmd 12-14# 85.90 81.00 77.90 78.94 75.71 74.14 56.37 66.42 72.25

 Hams, Bone-In, Trmd., 17-20# TS1 54.85 47.25 45.56 50.47 60.65 53.82 38.79 37.40 51.31

* Hams, Bone-In, Trmd., 20-23# TS1 47.88 41.35 41.80 45.42 46.73 47.25 37.49 35.42 41.25

* Hams, Bone-In, Trmd., 23-27# TS1 43.19 40.45 39.94 44.58 46.73 45.49 35.25 34.60 41.25

* Lamb, Choice and Prime 55-60# 192.04 174.05 165.35 164.62 162.44 155.63 158.56 163.89 n/q

* Lamb, Choice and Prime 65-75# 190.39 173.09 164.41 164.51 163.21 161.28 162.16 162.68 n/q

*** Please note several changes in categories now covered.

*** Veal prices will now be quoted from New Holland PA due to heavier volume of trade.

Boxed Beef Cut-Out Value

 Pork Cuts

*Lamb - Central US*

*S L A U G H T E R H O G S: B a r r o w s & G I l t s*

S O W S

SHEEP: CH 110 - 125#

Wholesale Meat Prices

C O W S: S I o u x F a l l s

V E A L E R S: B O B V E A L

F E E D E R S T E E R S

F E E D E R H E I F E R S

28

SELECTED PRICE STATISTICS FOR MEAT ANIMALS AND MEAT 2003/2002

DOLLARS PER 100 POUNDS

S L A U G H T E R S T E E R S