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. 72 NO. 48 WEEK ENDING: November 27, 2004 

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 
2

Estimated Daily Livestock Slaughter under Federal Inspection

 CATTLE CALVES HOGS SHEEP

Friday 11/26/2004 (est) 95,000 3,000 395,000 10,000

Week ago (est) 116,000 3,000 398,000 8,000

Year ago (act) 127,000 3,000 379,000 11,000

Week to date (est) 462,000 13,000 1,573,000 44,000

Same Period Last Week (est) 594,000 14,000 2,012,000 52,000

Same Period Last Year (act) 506,000 17,000 1,566,000 45,000

Saturday 11/27/2004 (est) 11,000 0 294,000 1,000

Week ago (est) 13,000 0 102,000 0

Year ago (act) 35,000 0 315,000 2,000

Week to date (est) 473,000 13,000 1,867,000 45,000

Same Period Last Week (est) 607,000 14,000 2,114,000 52,000

Same Period Last Year* (act) 542,000 17,000 1,881,000 48,000

2004 Year to Date 29,307,000 732,000 92,240,000 2,429,000

2003 *Year to Date 32,241,000 880,000 90,290,000 2,559,000

Percent change -9.1% -16.8% 2.2% -5.1%

2004 *Totals subject to revision

2003 *Totals adjusted to reflect NASS revisions

Yearly totals may not add due to rounding

Previous day estimated Steer and Heifer Cow and Bull

 Thursday 0 0

Livestock Average Prices TRENDS YEAR AGO

 DAY WEEK

Steers Choice 2-4 1100-1300 lbs (Texas) 88.83 4.91 4.91 99.42

Cows Utility 1-3 (So. St. Paul) 53.00 0.25 UNCH 55.00

Barrows & Gilts, 51-2% lean plant del. carcass 77.56 -1.58 -0.41 48.71

Feeder Steer Med 1 650-700 lbs (Okla. City) 109.50 -1.75 UNCH 105.58

Sltr Lambs Ch 2-4 Wooled 110-130 lbs (S. Falls) 93.75 0.75 0.75 88.00

Carcass Equivalent Index Value

Steer and Heifer Beef

Choice 1-3 600-750 lbs 131.73 2.31 3.38 151.64

Choice 1-3 750-900 lbs 130.57 3.01 3.30 150.52

Select 1-3 600-750 lbs 126.05 3.07 4.04 133.37

Select 1-3 750-900 lbs 125.33 3.26 3.98 132.68

Beef Cutout Value

Choice 600-750 lbs 139.18 -0.16 0.88 160.65

Choice 750-900 lbs 137.66 0.80 0.80 158.93

Select 600-750 lbs 134.48 1.26 2.11 144.00

Select 750-900 lbs 133.47 1.51 2.01 142.92

Cutter Cows 112.03 1.85 3.42 105.88

Cutout Based on 185 lbs Pork Carcass

51-52% Lean,.80"-.99" Backfat Last Rib 75.98 0.19 -0.71 54.76

US No. 2 Yellow Corn (Omaha) 1.65 -0.01 UNCH 2.38

LIVESTOCK REVIEW

CATTLE:

Slaughter cattle trade $4.00 higher last week. Demand very good after the suspect cow was cleared of BSE Tuesday. Compared to last week, there was not enough feeder or stocker cattle marketed during the

Thanksgiving Holiday week to fully test market trends. However, the limited reciepts posted by the early-week

auctions that were open for business had a lower undertone, sharply lower in some cases. Slaughter cows and

slaughter bulls sold steady to $3.00 lower last week. Market was not fundmentally lower. Decline in value attributed to holiday interrupted slaughter schedules causing costly holdover of cows. 

HOGS:

The National Direct trade area, IA/Southern MN, and the Western Cornbelt and the Eastern Direct Cornbelt traded

$.25- .50 lower for the week. Barrow and gilt trade at St. Paul and Sioux Falls terminal markets sold uneven, from

$.50 lower to .50 higher for the week. Compared to last week, early weaned pigs and all feeder pigs were steady

to $3.00 per head higher. Demand good on light offerings.

SHEEP:

Compared to last week slaughter lambs traded steady to $5.00 higher, instances $10.00 higher on light slaughter

lambs; slaughter ewes sold steady; feeder lambs were steady to $6.00 lower, instances $6.00 -12.00 lower on

holiday shortened supplies. No sale at San Angelo, TX this week. Equity Electronic Auctions sold 350 slaughter lambs in Wisconsin last week. Direct trading at a standstill due to the holiday last week. 

MEAT REVIEW

BEEF:

The carcass price equivalent index value of a Choice 600- 900 lb carcass up $.57 at $128.00 for the week. Boxed

beef cutout values for the week were generally steady on moderate demand and offerings. Estimated composite

of the boxed beef cutout value of a Choice 1- 3 600- 900 lbs. carcass was down $.16 at $136.65 for the week.

Cutter cow carcass gross cutout value was estimated at $110.34 per cwt, up $1.73 from a week ago. The 100%

lean items; lean striploins, insides and S.P.B.’s firm, eye of rounds, flats and eyes, and outsides also firm on light

to moderate demand and offerings last week.
2004 2003 2004 2003 2004 2003 2004 2003

Oklahoma City 3,257 1,976 -- -- 285 250 -- --

S. St. Joseph 324 152 -- -- 621 655 -- 94

Sioux Falls 114 79 -- -- 2,546 2,211 449 73

So. St. Paul 1,630 1,458 4 14 1,233 1,396 274 334

West Fargo 433 517 -- -- -- -- -- --

Total 5 Markets 5,758 4,182 4 14 4,685 4,512 723 501

Amarillo** Closed 1,943 -- -- 0 -- -- --

Billings** 1,102 1,794 -- 0 37 107 2,082 2,094

Dalhart, TX Holiday Holiday -- -- -- -- -- --

Dodge City** 645 995 -- -- -- -- -- --

Greeley** 487 310 -- -- -- -- -- --

Irvington, KY 1/ -- 1,818 -- -- -- -- -- --

La Junta, CO 1,154 1,234 1,298 2,093 -- -- -- --

Lancaster County 1,721 2,339 1,675 2,086 1,162 636 1,376 1,643

Lexington, KY* -- 8,045 -- -- -- -- -- --

Montgomery, AL** -- -- -- -- -- -- -- --

Pratt, KS no sale no sale -- -- -- -- -- --

San Angelo** -- -- -- -- -- -- -- --

Thomasville, GA 1,927 1,983 8,807 8,062 -- -- -- --

Davenport, WA 397 487 --- -- 20 --- 6 ---

Springfield, MO 1,454 352 64 26 -- -- -- --

Torrington** 5,296 5,448 -- -- -- -- -- --

West Plains, MO 2,256 3,241 182 64 -- -- -- --

Total 22 Markets 22,197 34,171 12,030 12,345 5,904 5,255 4,187 4,238

*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

 --

0

 --

 --

 --

--

 --

--

---

--

367,791

 --

 --

 --

 --

 --

--

 --

--

--

--

--

--

 --

 --

363,000

4,791

--

--

--

2,186

1,100

350

17,336

 --

2,589

170

4,000

---

--

1,600

441

6,500

 --

 --

 --

 --

 --

--

--

1,600

--

--

--

--

--

--

--

--

--

3

SLAUGHTER

CATTLE CALVES HOGS SHEEP

CONFIRMED DIRECT SALES W/E 11/27/2004

FEEDER HOGS

MARKETS

MARKETS SHEEP

WEEKLY SALABLE RECEIPTS AT 26 PUBLIC MARKETS

Week Ending 11 - 27 -2004 Compared to 11 - 29 -2003

CATTLE CATTLE
4

Year to Date Slaughter

29.3

92.2

2.4

32.2

90.3

2.6

0

10

20

30

40

50

60

70

80

90

100

110

120

CATTLE HOGS SHEEP

Million Head

2004 2003

Cattle Slaughter Under Federal Inspection

425

450

475

500

525

550

575

600

625

650

675

700

725

750

775

800

J FM A M J J A S O N D

Thousand Head

2003 2004
5

Hog Slaughter Under Federal Inspection

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

2,250

J FM A M J J A S O N D

Thousand Head

2003 2004

Sheep and Lamb Slaughter 

Under Federal Inspection

30

35

40

45

50

55

60

65

70

75

80

J FM A M J J A S O N D

Thousand Head

2003 2004
6

Avg. Price Feeder Steers - Oklahoma City 

Medium Frame No. 1 600-700#

80

85

90

95

100

105

110

115

120

125

130

J FM AM J J A SO ND

Dollars Per Hundred Weight

2004 2003

Avg. Price Slaughter Steer - Nebraska 

Choice 2-4 1100-1300#

70

75

80

85

90

95

100

105

110

115

120

J FM AM J J A SO ND

Per Hundred Weight

2004 2003
CATTLE

2004 2003 2004 2003 2004 2003 2004 2003 2004 2003 2004 2003 2004 

 Choice 2-4 1000-1100# -- -- -- -- -- -- -- -- -- 

 1150-1500# 88.70 99.91 88.22 101.12 88.72 99.86 85.20 102.44 87.35 101.70 -- -- -- 

 Select 2-3 1000-1100# -- -- -- -- -- -- -- -- -- 

 Choice 2-4 1000-1300# 88.80 100.07 88.95 101.91 88.92 99.97 85.68 102.07 88.33 101.95 -- -- -- 

 Select 2-3 

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

2004 2003 2004 2003 2004 2003 2004 2003 2004 2003 2004 2003 2004 

Comm 2-4 63.00 -- 58.20 60.75 -- -- -- -- -- -- -- -- 55.0

Brk Ut 1-3 57.50 -- 55.08 57.58 51.38 50.25 47.50 52.50 -- 45.00 -- -- 52.6

Bn Ut 1-3 56.00 -- 52.58 54.33 54.19 52.38 50.25 49.50 -- 45.25 -- -- 50.0

Cutter 1-2 50.00 -- 48.33 50.17 51.19 46.00 49.00 47.50 -- 43.00 -- -- 47.7

Bulls YG 1-2 69.00 -- 65.00 57.60 66.38 62.44 66.25 64.50 -- 53.94 -- -- 61.5

S T E E R S

H E I F E R S

California Ill

35-65% D

WEIGHTED AVERAGES 

Sioux South Georgia Kentucky San Angelo

Lan

Iowa/So Min

65-80%

Nebraska

65-80%

SLAUGHTER CATTLE: WEEKLY AVERAGE OF DAI

Dollars Per 100 Pounds

Week Ended 11 - 27 - 2004 Compared to 11 - 29 

Oklahoma

Tex-Okla

35-65%

Kansas

35-65%

Colorado

 S L A U G H T E R C O W S 

Falls St. Paul Auctions Co

Auctions

City 

Auctions
2004 2003 2004 2003 2004 2003 2004 2003 2004 2003

Med & Lrg #1

 300-350# --- --- 142.13 126.00 -- 110.50 135.71 121.67 -- --

 350-400# --- --- 134.38 118.50 -- 102.50 126.51 117.05 -- --

 400-450# --- 100.32 124.00 112.38 -- 102.50 120.75 111.27 -- --

 450-500# 103.50 --- 115.75 105.88 -- 101.00 114.27 106.99 -- 105.00

 500-550# --- 100.07 109.38 99.50 -- 99.00 110.85 102.76 -- 102.00

 550-600# --- 98.35 105.13 95.25 -- 94.50 105.39 99.67 -- 102.50

 600-650# --- 94.38 100.00 92.13 -- 92.00 103.45 95.66 -- 99.25

 650-700# 98.75 91.12 96.75 88.25 -- 90.00 100.69 93.89 -- 98.00

 700-750# 89.50 88.50 -- 85.75 -- 93.50 99.93 90.85 -- 96.00

 750-800# 90.25 --- -- 84.50 -- 92.00 93.90 88.55 -- --

Medium #2

 300-350# --- --- 125.50 111.13 -- 103.00 121.48 111.11 -- --

 350-400# --- --- 119.25 106.63 -- 101.00 119.60 106.11 -- --

 400-450# --- --- 111.13 100.13 -- 99.00 112.00 101.64 -- --

 450-500# --- --- 104.13 95.75 -- 97.00 107.50 97.17 -- --

 500-550# --- --- 98.00 88.50 -- 94.50 104.04 96.57 -- --

 550-600# --- --- 94.38 85.75 -- 92.50 100.10 94.44 -- --

 600-650# --- --- 91.13 81.75 -- 90.50 96.37 90.74 115.00 --

 650-700# --- --- 87.63 79.38 -- 88.50 93.50 87.60 -- --

 Med & Lrg #1

 300-350# --- --- 122.28 109.13 -- 100.00 120.09 106.85 -- --

 350-400# --- 94.61 118.13 105.25 -- 93.00 116.64 105.55 -- --

 400-450# --- --- 108.88 100.75 -- 93.00 111.63 100.43 -- --

 450-500# 98.00 91.18 105.75 95.38 -- 91.00 105.46 97.79 -- --

 500-550# --- --- 101.38 90.88 -- 90.00 101.00 94.28 -- --

 550-600# 96.75 88.39 97.63 88.25 -- 88.00 99.24 90.79 -- --

 600-650# --- 89.50 94.00 85.75 -- 88.00 94.98 91.24 112.00 101.00

 650-700# --- 86.85 91.17 85.25 -- 82.50 96.88 87.09 -- 101.00

Medium #2

 300-350# --- --- 112.25 97.75 -- 93.50 109.59 97.62 -- --

 350-400# --- --- 107.00 94.13 -- 91.50 103.61 94.92 -- --

 400-450# --- --- 99.25 90.50 -- 89.50 99.65 92.23 -- --

 450-500# --- --- 95.63 85.38 -- 87.50 93.44 91.06 -- --

 500-550# --- --- 92.75 82.38 -- 85.50 93.53 87.11 -- --

 550-600# --- --- 88.63 80.38 -- 83.50 89.66 87.20 -- --

 600-650# --- --- 86.00 77.13 -- 81.50 84.92 85.95 -- --

 650-700# --- --- 85.67 75.00 -- 79.50 85.92 84.51 -- --

11/22/2003 1213 36

11/20/2004 1237 40

11/13/2004 1226 43

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 11 - 27 - 2004 Compared to 11 - 29 - 2003
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 12 412 131.17 -- -- -- -- -- -- 37 422 122.85

450-500 40 485 125.21 -- -- -- -- -- -- 55 476 118.52

500-550 56 520 123.16 -- -- -- -- -- -- 47 526 111.26

550-600 59 581 111.70 -- -- -- -- -- -- 89 567 107.55

600-650 56 621 113.60 -- -- -- -- -- -- 116 629 104.12

650-700 4 661 101.00 -- -- -- -- -- -- 35 682 101.45

700-750 19 725 104.50 -- -- -- -- -- -- 34 710 102.13

750-800 66 772 106.75 -- -- -- -- -- -- -- -- --

800-850 -- -- -- -- -- -- -- -- -- 22 841 94.75

850-900 -- -- -- -- -- -- -- -- -- -- -- --

400-450 41 426 118.76 -- -- -- -- -- -- 38 423 108.34

450-500 81 474 114.16 -- -- -- -- -- -- 56 489 103.25

500-550 36 519 111.50 -- -- -- -- -- -- 198 531 104.67

550-600 17 584 106.11 -- -- -- -- -- -- 110 566 100.12

600-650 13 617 103.28 -- -- -- -- -- -- 17 614 101.74

650-700 10 676 94.75 -- -- -- -- -- -- 40 662 99.21

700-750 -- -- -- -- -- -- -- -- -- 19 704 89.70

750-800 -- -- -- -- -- -- -- -- -- 10 780 91.00

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 -- -- -- -- -- -- 106 423 150.26 100 434 141.77

450-500 -- -- -- -- -- -- 257 471 143.85 222 465 135.68

500-550 No Sale -- -- -- -- -- 493 529 135.66 284 531 121.02

550-600 -- -- -- -- -- -- 1,375 573 124.81 192 579 108.36

600-650 -- -- -- -- -- -- 1,283 629 120.96 129 623 108.59

650-700 -- -- -- -- -- -- 875 673 117.79 48 661 108.20

700-750 -- -- -- -- -- -- 492 723 116.20 10 749 100.50

750-800 -- -- -- -- -- -- 270 772 113.45 23 788 96.67

800-850 -- -- -- -- -- -- 520 818 108.48 -- -- --

850-900 -- -- -- -- -- -- 396 880 108.56 27 891 103.25

400-450 -- -- -- -- -- -- 168 427 135.25 113 425 123.80

450-500 -- -- -- -- -- -- 587 477 128.76 248 477 120.60

500-550 -- -- -- -- -- -- 930 525 122.96 124 527 117.69

550-600 -- -- -- -- -- -- 877 572 114.64 137 572 107.22

600-650 -- -- -- -- -- -- 848 621 112.69 53 619 104.49

650-700 -- -- -- -- -- -- 503 671 109.78 9 692 100.00

700-750 -- -- -- -- -- -- 165 721 107.09 7 705 100.00

750-800 -- -- -- -- -- -- 253 778 105.06 7 775 104.50

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 25 406 131.59 9 422 134.09 -- -- -- -- -- --

450-500 28 491 123.59 6 485 112.99 -- -- -- -- -- --

500-550 50 533 118.30 41 521 113.41 -- -- -- -- -- --

550-600 17 578 108.00 13 566 109.70 -- -- -- -- -- --

600-650 113 606 107.66 28 609 107.42 -- -- -- Feeders -- --

650-700 20 672 103.28 33 666 101.72 -- -- -- -- -- --

700-750 44 724 98.93 32 716 91.15 -- -- -- -- -- --

750-800 96 754 93.30 7 758 90.00 -- -- -- -- -- --

800-850 11 822 95.00 -- -- -- -- -- -- -- -- --

850-900 9 882 90.50 -- -- -- -- -- -- -- -- --

400-450 17 423 114.98 -- -- -- -- -- -- -- -- --

450-500 81 463 113.38 17 470 107.70 -- -- -- -- -- --

500-550 54 523 107.11 11 517 106.52 -- -- -- -- -- --

550-600 139 570 105.09 32 564 105.38 -- -- -- -- -- --

600-650 10 649 102.50 5 619 96.00 -- -- -- -- -- --

650-700 25 663 100.00 -- -- -- -- -- -- -- -- --

700-750 -- -- -- -- -- -- -- -- -- -- -- --

750-800 9 750 96.00 -- -- -- -- -- -- -- -- --

* 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: 11/27/2004

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 Week Ending Sunday, 11/28/2004

Confirmed: 246,949 Week Ago: 118,885 Year Ago: 197,936

 LIVE FOB BASIS - Beef Breeds

 Head Weight Price Avg Weighted

 Count Range Range Weight Price

STEERS

Over 80% Choice 2,902 1,250-1,450 84.00-89.00 1,378 85.88

65 - 80% Choice 8,056 1,150-1,450 84.00-90.00 1,377 87.48

35 - 65% Choice 48,453 1,040-1,450 83.00-90.00 1,268 88.58

 0 - 35% Choice 4,559 1,070-1,400 85.00-89.00 1,265 88.77

Total all grades 63,970 1,040-1,450 83.00-90.00 1,286 88.33

HEIFERS

Over 80% Choice 2,800 1,100-1,350 84.25-89.50 1,263 86.89

65 - 80% Choice 13,186 1,120-1,425 84.00-90.00 1,256 88.00

35 - 65% Choice 53,142 1,000-1,355 83.00-89.50 1,136 88.73

 0 - 35% Choice 2,436 1,050-1,270 86.00-89.00 1,155 88.59

Total all grades 71,564 1,000-1,425 83.00-90.00 1,164 88.52

 DRESSED DELIVERED BASIS - Beef Breeds

 Head Weight Price Avg Weighted

 Count Range Range Weight Price

STEERS

Over 80% Choice 4,486 765-945 135.00-140.00 866 138.26

65 - 80% Choice 10,687 778-928 133.00-140.00 854 137.88

35 - 65% Choice 19,349 700-911 133.00-142.00 838 138.93

 0 - 35% Choice 333 766-880 138.00-143.00 811 141.29

Total all grades 34,855 700-945 133.00-143.00 847 138.54

HEIFERS

Over 80% Choice 2,921 693-880 132.00-140.00 794 137.61

65 - 80% Choice 11,198 690-890 134.00-142.00 790 138.31

35 - 65% Choice 18,766 693-857 133.00-142.00 768 138.64

 0 - 35% Choice 379 710-762 140.00-143.00 731 141.37

Total all grades 33,264 690-890 132.00-143.00 777 138.47

 LIVE DELIVERED BASIS - Beef Breeds

 Head Weight Price Avg Weighted

 Count Range Range Weight Price

STEERS

Over 80% Choice 3,218 1,225-1,525 80.00-87.00 1,378 85.04

65 - 80% Choice 2,456 1,265-1,475 84.00-88.00 1,368 85.57

35 - 65% Choice 568 1,250-1,400 85.50-89.00 1,293 87.83

 0 - 35% Choice - -

Total all grades 6,242 1,225-1,525 80.00-89.00 1,366 85.50

HEIFERS

Over 80% Choice 3,218 1,175-1,375 82.00-89.00 1,268 86.37

65 - 80% Choice 3,521 1,100-1,375 81.00-88.00 1,254 85.33

35 - 65% Choice 47 1,225-1,225 85.50-85.50 1,225 85.50

 0 - 35% Choice - -

Total all grades 6,786 1,100-1,375 81.00-89.00 1,260 85.82

 DRESSED FOB BASIS - Beef Breeds

 Head Weight Price Avg Weighted

 Count Range Range Weight Price

STEERS

Over 80% Choice - -

65 - 80% Choice 1,677 832-889 140.00-140.00 863 140.00

35 - 65% Choice - -

 0 - 35% Choice - -

Total all grades 1,677 832-889 140.00-140.00 863 140.00

HEIFERS

Over 80% Choice - -

65 - 80% Choice 370 762-778 140.00-140.00 773 140.00

35 - 65% Choice - -

 0 - 35% Choice - -

Total all grades 370 762-778 140.00-140.00 773 140.00

WEEKLY WEIGHTED AVERAGES

 Head Count Avg Weight Avg Price

Live FOB Steer 63,970 1,286 88.33

Live FOB Heifer 71,564 1,164 88.52

Dressed Del Steer 34,855 847 138.54

Dressed Del Heifer 33,264 777 138.47

SAME PERIOD LAST WEEK

 Head Count Avg Weight Avg Price

Live FOB Steer 31,929 1,282 84.62

Live FOB Heifer 35,903 1,183 84.62

Dressed Del Steer 18,365 851 131.50

Dressed Del Heifer 12,280 754 132.17

SAME PERIOD LAST YEAR

 Head Count Avg Weight Avg Price

Live FOB Steer 75,300 1,251 100.49

Live FOB Heifer 57,141 1,143 100.68

Dressed Del Steer 19,980 819 161.59

Dressed Del Heifer 16,227 744 162.49

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

(Weekly Average-Dollars/100 lbs.)

2004 2003

Carcass Equivalent:

 Choice 1-3 600-750# 129.62 154.55

 Choice 1-3 750-900# 128.44 153.64

 Select 1-3 600-750# 123.76 136.60

 Select 1-3 750-900# 122.92 135.62

 

** Carcass Cow & Bull Beef 

no quotes available

Boneless Processing Beef/Beef Trimmings

 

 Bnls Beef 90% Fresh 142.09 127.94

 Frozen 137.50 124.50

 85% Fresh 128.67 119.62

 

 75% Fresh 104.96 105.33

 65% Fresh 80.90 98.25

 50% Fresh 56.13 71.76

 Frozen 56.52 --

 Bnls Beef 92-94% Fresh 151.50 --

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

11/27/04 11/20/04 11/29/03

Choice 600-750# 138.31 137.84 162.06

Choice 750-900# 136.77 135.95 160.68

Select 600-750# 133.23 131.76 146.06

Select 750-900# 132.07 130.98 144.53

Cutter Cows 110.97 109.22 104.86

(Weekly Average-Dollars/100 lbs.)

Choice & Prime- 2004 2003

50-55 210.41 198.13

55-60 193.15 184.81

60-65 192.40 185.54

65-75 183.83 180.82

Veal Carcass (Hide Off) Northest

 Ch & Pr Special Fed 240-300# 213.00 182.50

BEEF CUTOUT VALUE

LAMB CARCASS - CENTRAL FOB PLANT

11

WHOLESALE DRESSED MEAT PRICES

Week Ended 11 - 27 - 2004 Compared to 11 - 29 - 2003

NATIONAL EQUATED

TO FOB OMAHA

Carlot Basis
2004 2003

109E 1 Rib, ribeye, lip-on, bn-in 495.33 617.49

112A 3 Rib, ribeye, bnls, light 598.65 667.79

112A 3 Rib, ribeye, bnls, heavy 549.35 679.93

113A 1 Chuck, square-cut 2 piece 134.58 150.80

114 1 Chuck, shoulder clod 135.03 140.06

114A 3 Chuck, shoulder clod, trmd 146.20 152.39

115 1 Chuck, 2-piece, boneless 137.30 153.78

116A 3 Chuck, roll, 1x1, neck/off 155.90 185.64

120 1 Brisket, deckle-off, bnls 106.74 144.39

160 1 Round, bone-in 152.26 144.81

161 1 Round, boneless 164.20 162.07

167A 4 Round, knuckle, peeled 182.78 164.09

168 1 Round, top inside round 149.13 173.58

168 3 Round, top inside round, trmd 161.58 182.45

170 1 Round, bottom gooseneck 165.01 151.75

171B Round, outside round 182.59 156.16

171C 3 Round, eye of round 230.37 197.67

174 3 Loin, short loin, 0x1 390.52 429.79

180 1 Loin, strip, bnls, heavy 318.96 346.79

180 3 Loin, strip, bnls, 0x1 398.09 409.88

184 1 Loin, top butt, bnls, heavy 198.77 211.36

184 3 Loin, top butt, boneless, trmd 221.99 221.89

185A 4 Loin, bottom sirloin, flap 226.03 231.72

185B 1 Loin, ball-tip, bnls, heavy 176.43 205.73

185C 1 Loin, sirloin, trip-tip 223.34 235.31

189A 4 Loin, tndrloin, trmd, heavy 836.36 1197.92

193 4 Flank, flank steak 416.92 406.49

12

BOXED FABRICATED BEEF CUTS (VACUUM PACKAGED)

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

Week Ended 11 - 27 - 2004 Compared to 11 - 29 - 2003

NATIONAL EQUATED

Carlot Basis TO FOB PLANT

IMPS Choice Beef Cuts
South South Sioux Oklahoma Lancaster

St. Paul St. Joseph Falls City County

Live Carcass

220-240 165-175 - - 54.00 -- -- --

240-280 175-195 - - 53.75 -- -- --

Over 280 Over 195 - - 53.50 -- -- --

Live Carcass

220-240 165-175 - - 54.00 54.08 -- --

240-280 175-195 - - 53.75 54.08 50.00 55.75

Over 280 Over 195 - - 53.50 -- 50.00 --

Live Carcass

220-240 165-175 - - 54.00 -- -- --

240-280 175-195 - - 53.75 -- 50.00 53.38

Over 280 Over 195 - - 53.50 -- 50.00 53.13

US 1-2 300-400# 47.33 45.00 46.67 44.75 46.50

400-500# 47.33 45.50 51.42 50.00 48.50

US 1-3 500-600# 52.00 47.50 56.67 44.75 52.50

600-700# 52.00 48.50 57.33 50.00 52.50

2004 2003 2004 2003 2004 2003 2004 2003

US 1-2 30-40# -- -- 38.00 30.10 37.00 22.00 -- --

40-50# -- -- 64.00 -- 42.00 28.00 -- --

50-60# -- -- 66.00 -- 48.50 30.00 68.90 --

60-80# -- -- 66.00 43.25 53.75 47.00 -- --

US 2-3 30-40# -- -- 38.00 -- -- -- -- --

40-50# -- -- 53.50 -- 37.75 -- -- --

50-60# -- -- -- 32.00 45.50 -- -- --

70-80# -- -- 62.00 -- -- -- -- --

(Per Head)

Plnt Del Direct

 --

 --

 --

 --

 --

 --

 --

 --

 --

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

 --

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

 S O W S

(Per Head)

St. Paul 

(Per Head) (Per Head)

So. St. Joseph

 -13-

for w/e 11/27/2004

Dollars Per 100 Pounds

SLAUGHTER HOGS: Weekly Average of Daily Quotations

 --

 --

 --

B A R R O W S & G I L T S
14

National Direct Feeder Pig Report: Week Ending Nov 26

Weekly Summary of Prices Delivered Farm to Farm Per Head Basis

*** Canadian feeder pig information is temporarily suspended.***

RECEIPTS THIS WEEK: 52,349 LAST WEEK: 70,817

VOLUME BY STATE OR PROVINCE OF ORIGIN:

Iowa 36.9%, Oklahoma 14.8%, Missouri 11.0%,

Arkansas 10.8%, North Carolina 10.6%, South Dakota 4.0%,

Nebraska 3.8%, Minnesota 3.8%, Michigan 3.0%,

Kansas 0.7%, Tennessee 0.5%,

VOLUME BY STATE OF DESTINATION:

Iowa 50.0%, Nebraska 22.3%, Illinois 10.8%,

Minnesota 10.4%, Missouri 4.2%, Indiana 2.4%,

TRENDS COMPARED TO LAST WEEK: Early weaned and all feeder pigs steady to 3.00

higher. Demand good for light offerings. Receipts include 58% formulated prices.

 LOT SIZE TOTAL HEAD PRICE RANGE WTD AVG : PRICE RANGE WTD AVG

 PER TRADE PER CATEGORY FOB SELLER FOB :DELVRED BUYER DELVRED

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

250 head or less 580 37.12-56.00 $44.52 : 37.72-57.00 $45.70

250-750 5140 31.00-45.00 $36.19 : 32.00-47.00 $37.43

750 or more 22109 31.00-41.00 $33.73 : 32.00-42.00 $34.66

Total Composite 27829 31.00-56.00 $34.41 : 32.00-57.00 $35.40

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

250 head or less 450 60.00-66.00 $63.33 : 62.00-69.00 $65.89

250-750 3235 56.00-70.00 $65.01 : 57.00-73.00 $67.28

750 or more 11340 56.09-70.00 $61.14 : 57.59-72.50 $64.65

Total Composite 15025 56.00-70.00 $62.04 : 57.00-73.00 $65.26

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

250 head or less 240 63.50-63.50 $63.50 : 66.00-66.00 $66.00

250-750 400 63.50-63.50 $63.50 : 66.00-66.00 $66.00

750 or more 4800 48.50-56.81 $53.49 : 50.60-58.91 $55.59

Total Composite 5440 48.50-63.50 $54.66 : 50.60-66.00 $56.81

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

750 or more 4055 61.50-75.00 $70.93 : 62.50-76.00 $72.71

Total Composite 4055 61.50-75.00 $70.93 : 62.50-76.00 $72.71

Most lots of 40-60 lb pigs have sliding value from negotiated weight basis 

calculated on actual average weight of load plus or minus .30-.40 per pound. 

Some early weaned lots have slide of .50-1.00 per pound. Early weaned pigs under

19 days old. Estimated lean value projected to use slaughter weights with

normal confinement feeding conditions. Vaccination and health program values are

not included but health status should be disclosed.

Source: USDA-IA Dept of Ag Market News, Des Moines, Iowa
 

CARLOT BASIS

2004 2003 

LOINS (1/4" Trim")* 21# & dn 103.70 87.73

LOINS (1/8" Trim")* 21# dn 109.00 92.91

LOINS,Cntrcut,Bnls,Strapon 5-11# 144.33 125.46

LOINS,Cntrcut,Bnls,Strapoff 5-11# 152.47 --

BOSTON BUTTS (1/4" Trim)* 5-10# 98.80 59.69

 (1/4"Trim) Steak Ready* 5-10# 0.00 --

SPARERIBS* 4.25# /dn 0.00 120.00

4.25# /up 0.00 100.19

HAM Bone-In Trimmed TS1 17-20# 85.75 49.42

TS1 20-23# 81.06 46.64

TS1 23-27# 78.29 42.63

BELLIES 10-12# 0.00 --

(SDLS, SKIN ON TRIMMED) 12-14# 0.00 --

14-16# 93.67 81.00

16-18# 0.00 --

18-20# 0.00 --

20-25# 0.00 --

PORK TRIMMINGS 42% Fresh 33.00 22.36

(CHEMICAL LEAN) 72% Fresh 71.03 38.88

BNLS PICNIC) 72% Fresh 0.00 44.59

Total

Date Loads Cutout Loin Pic Rib Ham Belly

22-Nov-04 44.75 75.03 75.01 61.03 130.41 77.69 90.68

23-Nov-04 92.25 75.47 78.10 60.31 130.41 75.42 92.63

24-Nov-04 75.25 75.79 78.93 61.06 130.41 74.84 92.63

25-Nov-04 0.00 0.00 0.00 0.00 0.00 0.00 0.00

26-Nov-04 13.00 75.98 78.93 61.07 130.41 74.75 92.63

 TotalY AVERAGES

225.25 75.57 77.75 60.86 130.41 75.67 92.14

Change => -1.74 0.75 -2.45 unchd -7.25 -0.88

*VACUUM PACKAGED

15

FRESH PORK CUTS

(WEEKLY WEIGHTED AVEAGE-DOLLARS/100 LBS.)

Week Ended 11 - 27 - 2004 versus 11 - 29 - 2003

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.

CARLOT PORK AND PORK CARCASS

CUTOUT VALUE

Trading levels for loins mostly

steady thru the week as demand

and offerings equal. Butt prices

higher thru the week and set new

benchmark for high November

prices as good demand and light

domestic offerings again fueled

rise of trading levels. Bone-in

ham prices depreciated as high 

harvest numbers and light demand 

forced packers to take less

money. Functions of board drove

seedless belly market as most of

trades market based. Freezer

interest pushed bellies slightly

higher as week progressed.Prices

for lean trimmings increased

slightly thru trading session as

demand and offerings light in 

spite of large harvest. Fresh

bone-in loins mostly steady;

Boston butts 3.00-6.00 higher; 

spareribs no comparison; skinned

hams 17-20 lb 7.00-8.00 lower, 

20-23 lb 6.00-8.00 lower, 23-27

lb 6.00 lower; seedless bellies

14-16 lb 2.00 higher; 42% trim

steady; 72% lean trim generally

steady; boneless picnic and jowl

no comparison. Composite cutoutvalue 51-52% 185 lb hog carcass

estimated at $75.79 per cwt. dn

$0.90 from last Friday.
2004 2003 2004 2003 2004 2003 2004 2003 2004 2003 20

Shorn

 CH&PR (110-130#) -- -- -- -- -- -- - -  CH&PR (130-160#) -- -- -- -- -- -- 88

Wooled

 CH&PR (110-130#) -- -- -- -- -- -- -  CH&PR (130-160#) -- -- -- -- 90.00 87.00 86

Shorn (80-130#)

 Good -- -- -- -- 59.00 50.00 37.50 41.00 -- -- 40

 Utility -- -- -- -- 34.00 50.00 37.50 41.00 -- -- 40 Cull -- -- -- -- -- 37.50 25.00 31.00 -- -- 30

Wooled

Med & Large 1-2# 40-60# -- -- -- -- -- -- -- -- -- -- -  60-90# -- -- -- -- -- 117.50 -- 109.00 -- -- 111 90-110# -- -- -- -- 115.00 100.00 115.00 96.00 -- -- 100

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

SHEEP AND LAMBS: WEEKLY AVERAGE OF DAIL

(Dollars/100 lbs.)

Week Ended 11 - 27 - 2004 Compared to 11 - 29 - 2

San Angelo, TX

Classification Direct Direct

Feeder Lambs

St

Auction Auction 

Ft. Collins, CO

Slaughter Lambs

Direct

West Coast

E w e s

Mountain Area
17 

 

Wool Highlights 

 Domestic wool trading very slow, nearly at a standstill this holiday shortened week. 

Demand moderate. Warehouse trading very slow as well. 30,000 lb reported: Graded, 3-4 inch, 

21 micron 2.25 and 23.5-24 micron 1.90, both fob clean basis. 

 In Australia this week Eastern Market Indicator down 16 to 719A cents/kg clean. Total 

of 59,165 bales offered with clearance at 84 pct. Next weeks offerings total 62,000 bales. 

Current exchange rate of Australian $ is .7868 compared to .7819 last week and .7176 last 

year. The EMI last year was 778A/cents per kg clean. 

 Mohair trading in Texas slow this week. Demand moderate. 60,000 lb OB, Adult, 34-38 micron, 

4 inch plus, 1.60 fob greasy. 

 

 

Weekly Lamb Pelts Price Report – FOB Major Production Points 

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

to 2.00 lower. Demand light for moderate to light offerings. Overseas supplies heavy for 

world demands and some production is selling into Turkey and China at reduced prices. 

 

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

 SHORN Price Range UNSHORN Price Range 

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

 Fall Clips 10.25 -12.00 Wools(tanning) 5.00 - 9.00 

 No. 1 9.00 -11.00 (Pulling) 2.00 - 4.00 

 No. 2 9.00 - 9.50 Western Slope 

 No. 3 4.50 - 5.50 Spring Lambs 8.00 -10.00 

 No. 4 2.00 - 3.50 Calif/Idaho 

Imperial's Kansas 

 Fall Clips Midwest 

 No. 1 Native(Gray) 

 No. 2 

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

 

 

 

Average Price Choice Slaughter Lambs 

Sioux Falls

80

85

90

95

100

105

110

115

J F M A M J J A S O N D

Dollars Per Hundred Weight

2003 2004

 
18

CARLOT BASIS - DOLLARS PER 100 LBS.

(FOB CENTRAL U.S. UNLESS OTHERWISE STATED)

WEEK ENDING: 11/27/04

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

BEEF VARIETY MEATS - FROZEN PORK VARIETY MEATS - FROZEN |

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

Tongues,swiss-cut #1, wht 0-3%trim | |Neck Bones | 27.00 |

Tongues,swiss-cut #1, blk 0-3%trim | |Brisket Bones Full, domestic 30# | 50.00 |

Tongues,swiss-cut #1, mxd 0-3%trim | |Tails | 49.00 |

Cheek Meat, Trimmed |119.25 |Cheek Meat, trimmed | 96.56 |

Head Meat | 78.00 |Chitterlings | |

Oxtails, selected, small box |209.33 |Ears, Pet Treat |105.38 |

Hearts, regular, Bone out | 25.50 |Feet, front toes on | 33.00 |

Hearts, export | 28.75 |Feet, front toes on, export | |

Kidneys, export | |Hearts, slashed domestic | 31.00 |

Lips, unscalded | 85.00 |Hearts, slashed export | 32.50 |

Livers, selected, 2/box | |Hocks | 27.88 |

Livers, selected, 2/box, export | |Kidneys, small box, exp | |

Livers, regular, export | |Livers, large box | 29.00 |

Livers, regular | |Livers, large box, export | |

Trepas | |Salivary Glands | 23.00 |

Tripe, scalded, edible | 58.63 |Skins, belly, flat packed | |

Tripe, scalded, edible, export | |Snouts, partial lean | |

Sweetbreads, export | |Stomachs, scld, small box | 69.38 |

Feet, nails off, skin on | 17.00 |Stomachs, scld, small box, export | |

-------------------------------------|-------|Tongues, green, bnls, small box | |

INEDIBLE GREASE FOB CENTRAL | |Tongues, tip-on, green, bnls, export | 77.88 |

-------------------------------------|-------|Tongues, scld & scrpd | |

Choice White Grease | 15.25 |--------------------------------------|-------|

Yellow Grease | 13.88 |PORK SKINS FRESH IN COMBO | |

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

INEDIBLE TALLOW & GREASE | |BELLY SKINS, SELECTED | 28.00 |

 CAF CHICAGO | |FATBACK SKINS, SELECTED | 27.50 |

-------------------------------------|-------|HAM COLLAR SKINS, SELECTED | 25.00 |

Packer Bleachable Tallow | |HAM SKINS, HOUSE RUN | 23.25 |

Renderer Bleachable Tallow | |PICNIC SKINS, HOUSE RUN | 19.50 |

Choice White Grease | 15.50 |JOWL SKINS, HOUSE RUN | 16.50 |

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

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

-------------------------------------|-------|Lungs, inedible | 2.25 | 2.75 |

Edible Tallow | 16.50 |Melts | 2.00 | 5.50 |

Loose Lard, C.P. and/or P.S. | 27.50 |Livers, inedible | 5.50 |17.00 |

-------------------------------------|-------|Kidneys, inedible | 4.75 | 6.63 |

INEDIBLE TALLOW AND GREASE-CAF GULF | |--------------------------------------|-------|

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

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

Renderer Bleachable Tallow | |Heavy Native Steer | 66.38 |

Choice White Grease | |Colorado Branded Steer | 61.00 |

Yellow Grease | |Butt Branded Steer | 64.00 |

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

Edible Tallow CAF GULF/TEXAS | |Branded Heifer, river | |

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

PROTEIN FEED SUPPLEMENTS BULK/TON | |Branded Cow, Southwest | 39.50 |

Ruminant Meat & Bnmeal, 50% protein |152.63 |Branded Cow | 45.25 |

Ruminant Meat & Bnmeal,Panhandle |150.50 |Native Cow | 45.75 |

Pork Meat & Bonemeal,50% protein |158.75 |Dairy Cow | 50.50 |

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

Blood meal, 85% bulk/ton |278.75 |Branded Bull Southwest Conventional | 50.00 |

Blood Meal, 85% Panhandle area |280.00 |Heavy Texas Steer | 64.00 |

Pork Blood Meal, 85% pro/ton |328.13 |Branded Steer | 63.94 |

--------------------------------------------------------------------------------------------
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 11/26/04-8.08, last week-7.99 last year-9.99. 

 

 HIDES AND VARIETY MEAT PRODUCTS 

 

 Holiday shortened trading period saw beef variety meats trading at near

standstill. The only traded items with any recent comparison was sausage

materials, trading at mostly steady levels. Trading on pork variety meat markets

active. Despite continued huge harvest numbers, most items traded steady to 

slightly higher on fairly good demand. The only items that ended week lower were

neck bones, hearts, and tongues.

 Trading on tallows & greases slow this week. In light test, Chicago lard

traded steady. Chicago renderer bleachable tallow steady on light chemical

demand for light offerings. Export markets continue quiet. Central choice white

and yellow grease prices higher on good feed fat demand for light offerings.

 Protein feed supplements had slow to moderate trading thru holiday shortened

week. Moderate to good demand pushed prices slightly higher on ruminant & pork

meat & bone meal. Offerings light to moderate. Central & Panhandle blood meal

slightly higher. Demand moderate on light supplies. Pork blood meal steady. 

 Market activity on major packer hides was very slow this week. The standoff

between packers and tanners continued. Demand and offerings were light. In

light tests, Heavy Native Steers and Branded Steers finished steady.

 Beef variety meats: Cheek meat mostly steady; head meat steady; Pork variety

meats: neck bones 1.00 lower; cheek meat steady to 2.00 higher; pet treat ears

4.00-5.00 higher; feet steady to 3.00 higher; hearts 1.00 lower; salivary glands

steady to 3.00 lower; export stomachs steady to 1.00 higher; export green

boneless tip-on tongues 1.00 lower. 

 Central choice white grease steady to .50 higher; Central yellow grease .25

higher; Chicago lard & Chicago renderer tallow <.15 steady; Central ruminant

meat & bone meal 2.50-5.00 higher; Panhandle meat & bone meal 2.50 up; pork meat

& bone meal and Central blood meal 5.00 higher; Panhandle blood meal 5.00 up;

Pork blood meal generally steady; Heavy Native Steer hides and Branded Steer

hides steady. 

 
20

Relationship Between Live/Meat Prices - 2004

70

75

80

85

90

95

100

105

110

115

120

125

130

135

140

145

150

155

160

165

J FM AM J J A SO ND

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 Quality Grades Carlot Basis 

550-700 Carcass Equivalent Index Value

105

110

115

120

125

130

135

140

145

150

J FM AM J J A SO ND

Dollars Per Hundred Weight

Choice 1-3 Select 1-3 550-700
21

Federally Inspected Slaughter --- Selected States

Week Ended 11/13/2004 --------------------------------------------------------------------------------

 : 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 : 7.9 5.9 0.1 1.9 .0 0.0 -.-

California : 26.6 9.8 1.2 11.9 2.9 0.8 1.8

Colorado : 42.7 25.9 16.7 0.1 0.0 0.0 -.-

DE-MD : 0.8 0.5 0.2 0.1 0.0 0.0 0.0

Florida : 1.6 0.0 0.0 0.2 1.3 0.1 -.-

Georgia : 6.5 0.0 0.0 1.0 4.8 0.7 -.-

Hawaii : 0.2 0.0 0.1 0.0 0.1 0.0 -.-

Idaho : 12.3 3.6 2.9 1.5 3.8 0.6 -.-

Illinois : -.- -.- -.- -.- -.- -.- 1.6

Indiana : -.- -.- -.- -.- -.- -.- 0.1

Kansas : 137.7 78.1 59.5 .0 0.0 .0 -.-

Kentucky : 0.1 0.1 0.0 0.0 0.0 0.0 -.-

Michigan : 7.9 4.7 0.1 1.1 2.0 0.0 0.5

Minnesota : 13.4 0.9 1.2 1.9 8.4 1.0 -.-

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

North Carolina: 4.8 0.0 0.0 1.8 1.9 1.0 0.0

Nebraska : 128.6 61.3 53.7 0.5 11.7 1.4 -.-

N ENG 1/ : 0.3 0.1 0.1 0.0 0.0 0.0 0.1

New Jersey : 0.6 0.3 0.0 0.2 0.0 0.1 1.5

New Mexico : 0.1 0.0 0.0 0.1 .0 0.0 -.-

New York : 0.9 0.2 0.1 0.6 0.0 0.0 2.2

Ohio : 0.8 0.1 0.0 0.3 0.3 0.0 1.5

Oregon : 0.3 0.1 0.0 0.1 0.0 0.0 -.-

Pennsylvania : 15.7 4.9 1.0 7.4 1.8 0.6 3.4

Tennessee : 0.2 0.0 0.0 0.0 0.1 0.0 0.0

Texas : 105.7 52.0 37.3 2.4 11.8 2.2 0.3

Utah : 9.3 4.7 3.5 0.3 0.6 0.1 -.-

Washington : 13.0 6.9 4.6 0.9 0.6 0.1 -.-

Wisconsin : 24.7 7.6 0.6 11.9 4.0 0.6 2.1

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

 : Hogs : Sheep

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

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

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

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

 : ---1,000 Head---

Alabama : 2.2 0.0 1.6 0.5 -.- -.- -.-

California : 47.4 47.3 0.0 0.0 -.- -.- -.-

Colorado : 0.1 0.1 .0 0.0 20.9 0.0 20.9

DE-MD : 0.4 0.4 0.0 .0 0.7 0.0 0.7

Florida : 1.9 1.8 0.0 .0 0.1 0.0 0.1

Georgia : 1.5 1.4 0.1 .0 -.- -.- -.-

Hawaii : 0.6 0.6 0.0 .0 -.- -.- -.-

Iowa : 577.4 564.7 8.5 4.2 6.5 .0 6.5

Idaho : -.- -.- -.- -.- 0.1 0.0 0.1

Illinois : 183.9 172.1 11.5 0.2 3.7 0.3 3.4

Indiana : 157.1 157.1 .0 .0 0.4 0.3 0.1

Kansas : 2.7 0.2 2.5 0.0 0.0 0.0 0.0

Kentucky : 46.7 45.0 1.7 .0 0.2 0.2 0.1

Minnesota : 158.0 157.9 0.0 0.1 0.0 0.0 0.0

Missouri : 37.1 37.1 0.0 0.0 0.1 0.0 0.1

Montana : 0.1 0.0 0.0 0.0 0.0 .0 0.0

North Carolina: 221.3 220.0 1.3 0.1 0.1 0.0 0.1

North Dakota : 3.1 3.1 0.0 .0 -.- -.- -.-

Nebraska : 133.4 133.4 .0 .0 0.0 0.0 0.0

N ENG 1/ : 0.3 0.3 0.0 0.0 0.5 0.1 0.4

New Jersey : 2.2 2.2 0.0 0.0 3.4 0.3 3.1

Nevada : -.- -.- -.- -.- 0.1 0.0 0.0

New York : 0.6 0.6 0.0 .0 0.5 0.1 0.4

Ohio : 19.4 15.9 3.2 0.3 0.0 .0 0.0

Oklahoma : 91.0 89.8 1.2 .0 -.- -.- -.-

Oregon : 4.3 4.3 0.0 .0 0.3 0.0 0.3

Pennsylvania : 51.9 51.8 0.1 0.0 1.3 0.1 1.2

South Dakota : 106.7 106.1 0.6 .0 0.4 .0 0.4

Tennessee : 13.9 0.2 13.7 0.0 0.2 0.0 0.1

Texas : 7.2 5.2 2.0 .0 4.2 0.2 4.0

Utah : 0.4 0.4 0.1 0.0 0.5 0.4 0.1

Virginia : 82.9 82.7 0.2 .0 -.- -.- -.-

Washington : 0.4 0.4 0.0 .0 0.0 0.0 0.0

Wisconsin : 8.9 0.1 8.8 .0 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-11/13/2004 : W/E-11/15/2003 

 Region : Dairy : All : Dairy : All 

 : Cows : Cows : Cows : Cows 

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

 : Head

 1 : 200 200

 2 : 800 800 700 1,000

 3 : 7,500 9,300 8,500 11,500

 4 : 3,200 15,700 5,200 13,000

 5 : 15,300 30,000 23,400 34,400

 6 : 2,500 14,400 3,100 19,300

 7 : 500 12,900 500 21,400

 8 : 800 3,300 1,000 3,900

 9 : 13,700 16,700 15,300 17,700

 10 : 2,500 6,900 2,100 7,600

 TOTAL U.S. : 46,800 110,000 60,000 130,000

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

 Totals may not add due to rounding

Source: USDA, 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 

27-Nov-04 ESTIMATE 473 362.6 13 2.6 1,867 374.4 20-Nov-04 ESTIMATE 607 465.9 14 2.8 2,114 422.7 13-Nov-04 ACTUAL 603 461.9 15 3.1 2,019 406.0 29-Nov-03 ACTUAL 543 404.1 18 3.6 1,885 377.1 

Percent change FromPrevious Week -22.1% -22.2% -7.1% -7.1% -11.7% -11.4% 

Year Ago -12.9% -10.3% -27.8% -27.8% -1.0% -0.7% 

 Estimated Average Live and Dressed We

 Cattle Veal & calf Hogs 

Week Ended Live Dressed Live Dressed Live Dressed 

27-Nov-04 ESTIMATE 1269 770 336 207 270 201 20-Nov-04 ESTIMATE 1269 771 332 205 269 201 13-Nov-04 ACTUAL 1269 770 339 209 270 202 29-Nov-03 ACTUAL 1243 748 329 203 269 201 

 Dressed Weights and Percentage Slaughter by Class Und

 Steers Heifers bows 

Week Ended Percent Pounds Percent Pounds Percent Pounds 

13-Nov-04 ACTUAL 47.3 831 32.7 767 18.2 605 06-Nov-04 ACTUAL 48.6 826 31.9 762 17.8 609 15-Nov-03 ACTUAL 45.3 808 30.9 734 21.4 580 

 Barrows & Gilts Sows Stags/Boars 

Week Ended Percent Pounds Percent Pounds Percent Pounds 

13-Nov-04 ACTUAL 96.6 198 3.2 315 0.3 213 06-Nov-04 ACTUAL 96.7 198 3.0 316 0.3 205 15-Nov-03 ACTUAL 96.7 197 3.1 319 0.2 239 

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

 South Saint South Saint Oklahoma Sioux 

Week Ended Joseph Paul City Falls

27-Nov-04 0 0 19 0 

Previous Week 24 7 85 27 Year Ago 0 0 30 0 

27-Nov-04 3 8 1 1 

Previous Week 3 11 1 2 

Year Ago 2 10 2 1 
U.S. Federally Inspected Slaughter 

Week Ended November 13, 20

 ---------------------------------------------------------------------------------- : Cattle  Standard :----------------------------------------------------------------------- Federal : Total 2/ : Steers : Heifers : All Cows  Regions 1/: 2004 : 2003 : 2004 : 2003 : 2004 : 2003 : 2004 : 2003  ---------------------------------------------------------------------------------- : ---1,000 Head--- 1 : 0.3 0.4 0.1 0.1 0.1 0.1 0.0 0.2  2 : 1.5 1.6 0.5 0.4 0.1 0.1 0.8 1.0  3 : 16.5 19.9 5.4 6.3 1.2 1.2 9.3 11.5  4 : 18.3 15.8 0.2 0.2 0.1 0.1 15.7 13.0  5 : 64.9 75.0 23.7 25.0 9.6 13.2 30.0 34.4  6 : 105.9 106.5 52.0 48.2 37.3 36.1 14.4 19.3  7 : 280.6 269.4 146.4 138.9 119.8 106.8 12.9 21.4  8 : 54.7 52.5 30.7 26.3 20.2 21.7 3.3 3.9  9 : 34.8 36.7 15.8 15.9 1.4 2.3 16.7 17.7  10 : 25.6 30.4 10.5 14.6 7.5 6.4 6.9 7.6  ---------------------------------------------------------------------------------- U.S. 2/ : 603.0 608.2 285.4 275.7 197.3 187.9 110.0 130.0  ---------------------------------------------------------------------------------- : Hogs :  Standard :----------------------------------------------------------------------- Federal : Total 2/ :Barrows/Gilts: Sows : Stags/Boars : Total 2/  Regions 1/: 2004 : 2003 : 2004 : 2003 : 2004 : 2003 : 2004 : 2003 : 2004 : 2003  ---------------------------------------------------------------------------------- : ---1,000 Head--- 1 : 0.3 0.3 0.3 0.3 0.0 0.0 0.0 0.5 0. 2 : 2.8 2.5 2.8 2.4 0.0 0.1 0.0 0.0 3.9 2. 3 : 135.2 138.7 134.9 138.3 0.3 0.4 0.0 0.0 2.1 2. 4 : 331.5 360.2 311.7 338.2 19.2 21.6 0.6 0.4 0.9 0. 5 : 529.7 531.3 504.0 505.5 25.2 25.0 0.5 0.8 8.6 8. 6 : 102.7 109.0 95.4 102.4 7.3 6.6 0.0 0.0 4.3 7. 7 : 750.7 820.1 735.4 806.7 11.0 9.7 4.3 3.7 6.7 9. 8 : 110.3 102.2 109.6 99.8 0.7 2.4 0.0 21.8 16. 9 : 48.0 47.0 48.0 47.0 0.0 0.0 0.0 0.0 5.9 11. 10 : 8.1 7.7 8.1 7.7 0.0 0.0 0.0 0.0 0.4 0. ---------------------------------------------------------------------------------- U.S. 2/ : 2019.3 2119.0 1950.1 2048.4 63.8 65.8 5.5 4.8 54.9 58.8  ---------------------------------------------------------------------------------- 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; W 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.  2/ Totals may not add due to rounding. 1 3/ Bison are not covered under the Meat Inspection Act, and therefore 1 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

Information for Week Ending November 26, 2004

Area: Alberta Direct Sales, 4% Shrink

Slaughter Steers, mostly Select 1-2, 1000-1200 lbs 70.55

Slaughter Heifers, mostly Select 1-2, 850-1050 lbs 70.79

Area: Ontario Auctions

Slaughter Steers, mostly Select 1-2, 1000-1200 lbs 64.74

Slaughter Heifers, mostly Select 1-2, 850-1050 lbs 61.16

Slaughter Cows, Cutter and Utility 1-3, 1100-1400 lbs 17.97

Average Feeder Cattle Prices:

Steers Southern Alberta Saskatchewan Manitoba

 11/26/04 11/19/04 11/26/04 11/19/04 11/26/04 11/19/04

401-500 lbs 98.89 96.35 101.86 93.83 92.95 90.06

501-600 lbs 91.25 89.23 91.25 88.39 87.85 85.04

601-700 lbs 82.34 82.52 82.76 77.50 81.91 78.75

701-800 lbs 79.79 75.82 79.36 74.15 76.82 74.98

801-900 lbs 75.97 73.31 76.39 72.89 72.15 72.05

900# + 74.27 72.47 72.15 69.96 69.18 67.02

Heifers:

301-400 lbs 92.95 89.23 89.55 83.36 80.64 88.39

401-500 lbs 87.85 84.20 86.58 85.04 82.76 80.01

501-600 lbs 80.64 82.94 81.06 82.52 78.52 76.24

601-700 lbs 73.00 74.98 74.27 76.24 70.45 69.12

701-800 lbs 71.73 72.89 70.03 67.02 67.91 64.09

800# + 70.88 70.79 63.66 65.35 66.21 12.00

Province Ontario

No.2 220-240lbs Hogs, quoted by Provincial Board 42.37

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

Exhcange Rate: U.S. dollar equivalent to $1.1781 Candian dollars

Grades changed to approximate U.S. equivalents

Canadian Federally Inspected Slaughter

 Current Week Ago Year Ago 11/06/04 11/08/03 %Change

 11/06/04 10/30/04 11/08/03 YTD YTD

Cattle: 78,363 78,746 62,491 3,164,742 2,510,466 26.1%

Calves: 5,613 5,519 5,511 243,989 214,025 14.0%

Sheep: 3,062 3,365 2,969 146,368 143,589 1.9%

Hogs: 428,749 445,254 446,694 18,549,887 18,345,158 0.1%

Source: Agriculture Canada & CANFAX
25

Mexico to TX & NM Weekly Cattle Import Summary 

Week Ending: Fri November 26, 2004

 Receipts EST: 15,000 Week ago Act: 38,756 Year ago Act: 34,837

 Compared to last week, not enough head sold on current market to establish

trend. Due to wet weather and uncertainty over BSE scare, trade was slow to

non-existent. Bulk of supply consisted of previously contracted steers and

spayed heifers weighing 300-600 lbs. For the week ending November 20th no

slaughter cattle were exported to Mexico from the U.S.A. Import and export

facilities will be closed Thursday and Friday.

 

(all sales fob port of entry.)

Mexico to U.S. Imports

Species Current Previous Current Previous

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

 11/27/2004 11/20/2004

Feeders 32,201 38,756 1,181,315 1,038,661

Slaughter 0 0 0 0

Total 32,201 38,756 1,181,315 1,038,661

Source: USDA/Market News Service, Las Cruces, NM
26

Canadian Live Animal Imports into U.S. by Destination Reporting for w/e 11/20/04

Cattle

Region Feeder Sltr Sltr Sltr Breeding Breeding Other Total

 Strs/Hfr Cows Bulls Males Females

 AA AB AC AD AE AF AG

 1 0 0 0 0 0 0 0 0

 2 0 0 0 0 0 0 0 0

 3 0 0 0 0 0 0 0 0

 4 0 0 0 0 0 0 0 0

 5 0 0 0 0 0 0 0 0

 6 519 0 0 0 0 0 0 519

 7 0 0 0 0 0 0 0 0

 8 0 0 0 0 0 0 0 0

 9 843 0 0 0 0 0 0 843

 10 0 0 0 0 0 0 0 0

Total 1,362 0 0 0 0 0 0 1,362

Hogs

Region Feeder Sltr Sltr Breeding Breeding Other Total

 B/G S/B Males Females

 AH AI AJ AK AL AM

 1 0 0 0 0 0 0 0

 2 0 0 0 0 0 0 0

 3 0 7,786 0 0 0 0 7,786

 4 0 7,392 1,878 0 0 0 9,270

 5 25,189 15,124 4,496 323 321 0 45,453

 6 0 0 0 0 0 0 0

 7 68,924 3,739 1,069 23 1,200 0 74,955

 8 3,700 16,903 110 49 446 0 21,208

 9 0 4,062 0 0 0 0 4,062

 10 255 3,317 0 0 0 0 3,572

Total 98,068 58,323 7,553 395 1,967 0 166,306

Sheep

Region Feeder Sltr Sltr Breeding Breeding Other Total

 Lambs Ewes Males Females

 AN AO AP AQ AR AS

 1 0 0 0 0 0 0 0

 2 0 0 0 0 0 0 0

 3 0 0 0 0 0 0 0

 4 0 0 0 0 0 0 0

 5 0 0 0 0 0 0 0

 6 0 0 0 0 0 0 0

 7 0 0 0 0 0 0 0

 8 0 0 0 0 0 0 0

 9 0 0 0 0 0 0 0

 10 0 0 0 0 0 0 0

Total 0 0 0 0 0 0 0

Dairy Cattle

Region Breeding Breeding Other Total

 Males Females

 AT AU AV

 1 0 0 0 0

 2 0 0 0 0

 3 0 0 0 0

 4 0 0 0 0

 5 0 0 0 0

 6 0 0 0 0

 7 0 0 0 0

 8 0 0 0 0

 9 0 0 0 0

 10 0 0 0 0

Total 0 0 0 0

Goats

Region Angora Spanish Breeding Breeding Other Total

 Males Females

 AW AX AY AZ BA

 1 0 0 0 0 0 0

 2 0 0 0 0 0 0

 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 0 0 0 0 0

 10 0 0 0 0 0 0

Total 0 0 0 0 0 0

Horses There was 34 geldings & 32 other horses for unknown region.

Region Feeder Sltr Breeding Breeding Geldings Other Total

 Males Females

 BB BC BD BE BF BG

 1 0 0 0 0 1 39 40

 2 0 0 0 0 0 0 0

 3 0 0 0 0 12 27 39

 4 0 0 0 12 24 140 176

 5 0 42 0 1 19 55 117

 6 0 76 1 19 23 65 184

 7 0 0 0 0 0 1 1

 8 14 0 1 1 5 27 48

 9 0 0 0 0 18 136 154

 10 0 0 1 0 2 37 40

Total 14 118 3 33 104 527 799

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

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.