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Slaughter Cattle: So far for Thursday trading in the Southern Plains and Colorado has been inactive. In Nebraska and the Western Cornbelt trading has been limited to slow on light demand. Not enough sales in any major feeding region for a market comparison. Wednesday was the last reported market in the Southern Plains, Nebraska and Western Cornbelt. In the Texas Panhandle live sales sold at 97.00. In Kansas live sales sold from 96.00 to mostly 97.00. Last week dressed sales sold at 157.00. In Nebraska live sales sold from 96.00 to mostly 97.00 and dressed sales sold at 153.00. In the Western Cornbelt live sales ranged from 95.00 to mostly 96.00 and dressed sales sold from 151.00-153.00 with the bulk at 152.00. On Tuesday, in Colorado, live sales sold from 97.00-97.50.

Terminal Markets: Sioux Falls Regional Livestock - Worthing, SD - Compared to last week slaughter steers 1.00 to 2.00 lower, slaughter heifers 1.00 lower. Slaughter Steers: Choice 2-3: 1202-1491 lbs 93.10-94.30, No Implants95.75.  Select and Choice 2-3: 1201-1498 lbs 92.00-94.60, No Implants 95.00.Steers returning to the country 1112-1203 lbs 94.20-97.75.  Slaughter Heifers: Choice 2-3: 1199-1289 lbs 93.25-94.25, low dressing 93.00, No Implants 1212 lbs 95.10.  Select and Choice 2-3: 1026-1223 lbs 92.25-94.20.

Negotiated sales:
Confirmed:       10,129       Week ago:   18,449      Year ago:  27,796
Week to Date: 121,497       Week ago: 111,060      Year ago:  46,955

Negotiated prices paid for Slaughter Steers and Heifers:
Live basis             Steers                               Heifers
OOver 80% Choice  95.00-96.25  avg  95.35       95.00-96.00  avg  95.74
5 - 80% Choice       95.00-97.00  avg  95.45       95.00-96.50  avg  96.09
35 - 65% Choice            -                                 96.00-96.00  avg  96.00
0 - 35% Choice             -                                          -
Total all grades   95.00-97.00  avg  95.38   95.00-96.50  avg  95.89
 
Formula purchases: Today... Previous Day...
Head count priced today:
Weighted avg weight:
Weighted avg net price:
4,200
809
154.48
23,000
832
157.64
.
Cattle Slaughter under Federal Inspection:
Thursday (est)                      130,000
Week ago (est)                     128,000
Year ago (act)                       129,000
Week to date (est)                 520,000
Same Period Last Week (est)  514,000
Same Period Last Year (act)    517,000

Boxed Beef: Boxed beef cutout value generally steady on very light demand and light to moderate offerings.  Select and Choice rib, chuck, round and loin cuts generallysteady.  Beef trimmings generally steady on light to moderate demand and offerings.
 
Cutout Values...
CHOICE
SELECT
 
600-900
. .
600-900
-Current Cutout Values:
162.91
 
156.75
-Change from prior day:
+0.29
 
-0.11
.
-Choice/Select spread:
6.16
---
.
Est. Weekly Meat Production Under Federal Inspection: Total red meat production under Federal inspection for the week ending Saturday, August 28, 2010 was estimated at 952.2 million lbs. according to the U.S.Department of Agriculture's Marketing Service. This was 1.7 percent higher than a week ago and 1.3 percent lower than a year ago.  Cumulative meat production for the year to date was2 .3 percent lower compared to the previous year.

October Live Cattle Futures: 98.45...+0.70

December Live Cattle Futures: 101.32...+0.72

February Live Cattle Futures: 101.85...+0.77

September Feeder Cattle Futures: 114.75...+0.88

October Feeder Cattle Futures: 115.50...+0.65

November Feeder Cattle Futures: 116.27...+1.00

CME Feeder Cattle Index: 114.12...-0.35

Wednesday Auction Results...
"Click" on individual auction links for complete report...

Batesville Stockyards - Charlotte, AR...
Receipts:  1248    Last Week:  843    Year Ago:  908
Compared last week: Slaughter cows mostly 2.00-5.00 lower. Slaughter bulls 1.00-2.00 lower. Feeders steady to mostly 5.00 lower. Supply included about 850 feeder calves; 100 yearlings; 50 replacement cows; 125 slaughter cows; 15 slaughter bulls; 0 replacement bulls.

N. Arkansas Livestock Auction - Green Forest, AR...
Cattle Receipts:  2551        Last week: 2384             Last year: NR
Compared to last week: Slaughter cows 1.00-2.00 lower. Slaughter bulls 4.00 lower. Feeder steers under 400 lbs 6.00-9.00 lower, over 400 lbs 2.00-5.00 lower. Feeder heifers and bulls under 500 lbs 5.00-9.00 lower, over 500 lbs 1.00-5.00 lower.

Clifton Livestock Commission Co. - Clifton, TX...
Cattle and Calves: 1,399      Week Ago: 1,300       Year Ago: 1,245
Compared to last week: Feeder steers 3.00 lower, except 500-600 lbs steady.  Feeder heifers 3.00-4.00 lower.  Slaughter cows and bulls 2.00 lower.  Trade and demand active on all classes.

Clovis Livestock Auction - Clovis, NM...
Receipts: 3076               Last Week: 1446             Last Year: 2969
Compared to last month: Holstein steers steady to 1.00 lower except 200-300 lbs 4.00-7.00 lower. Compared to last week: Feeder steers and heifers unevenly steady. Instances 3.00-5.00 lower on 500-600 lb steers, and 400-600 lb heifers. Slaughter cows and bulls 5.00-8.00 lower. Trade and demand moderate on feeders steers and heifers. Demand light, trade slow on slaughter cows and bulls.

Coleman Livestock Auction Commission Co. - Coleman, TX...
Compared to last week: Feeder steers under 500 lbs 2.00-3.00 lower, over 500 lbs 1.00-3.00 lower.  Feeder heifers under 500 lbs steady, over 500 lbs steady to 1.00 higher.  Slaughter cows and bulls 2.00-3.00 lower.  Replacement cows and cow/calf pairs 50.00-100.00 higher.  Trade and demand good.

Lampasas Cattle Auction - Lampasas, TX...
Cattle and Calves: 1,112     Week Ago: 636          Year Ago: 1,018
Compared to last week: Feeder steers 3.00-6.00 lower.  Feeder heifers steady to weak, instances 2.00-3.00 lower.  Slaughter cows and bulls 4.00-5.00 lower. Trade and demand good.

Mansura Livestock Auction - Mansura, LA...
Cattle Receipts:  969    Week Ago:  1040   Last Year:  816
Compared to last week, slaughter cows sold 3.00 to 5.00 lower and bulls trended 2.00 to 4.00 lower. Feeder steers traded 3.00-4.00 higher and heifers traded steady to 2.00 lower. The supply included 13 percent slaughter cows and 3 percent pairs and replacements.

Red River Livestock Auction - Coushatta, LA...
Cattle Receipts:  2728   Last Week:  2466    Last Year:  1653
Compared with last week, slaughter cows sold 5.00 to 9.00 lower and bulls traded 3.00 to 4.00 lower. Feeder steers trended 3.00 to 5.00 lower and heifers sold 5.00 to 7.00 lower.

OKC West - El Reno, OK...
Actual Receipts:  5704      Last Week:  7555       Last Year:  5043
Compared to last week:  Feeder steers steady to 1.00 lower. Feeder heifers steady to 2.00 lower.  Steer calves 1.00-4.00 lower.Heifer calves steady to 2.00 lower.  More scattered showers across the state have brought relief to some areas with others still waiting for their turn.  Trade active.  Demand moderate.

Southern Oklahoma Livestock Auction - Ada, OK...
Receipts:  1725    Last Week:  1520    Year Ago:  1619
Compared to last week:  Steers and heifer calves under 600 lbs steady to 2.00 lower, heavier weights 4.00-6.00 lower.  Yearlings steady in an extremely light test.  Demand moderate to fairly good for calves in thin to average flesh, lighter for fleshy offerings, especially on heavier weights.  Yearling demand good.

Winter Livestock Auction - Dodge City, KS...
Receipts:  3339        Last Week:  1684      Year Ago: 2409
Compared with last week: Steers 700-1000 lbs 1.00-3.00 lower. Heifers 600-700 lbs steady to firm; 700-900 lbs weak to 2.00 lower. Steers 300-700 lbs and heifers 300-600 lbs 3.00-7.00 lower. Receipts 82 percent 600 lbs and over, 13 percent 600 lbs and under, 5 percent slaughter cows and bulls. Feeder supply 61 percent steers and 39 percent heifers.

Hub City Livestock Auction - Aberdeen, SD...
Receipts:  2391    Last Week:  3883    Year Ago:  1608
Feeder steers 750-950 lbs sold steady.  Feeder heifers 700-950 lbs sold 1.00 to 3.00 higher.  Lower volume in remaining weight classes would not allow for an accurate test.  Active market with good demand.  52 percent heifers, 48 percent steers, 100 percent over 600 lbs.  Expecting 2500 next week.

South Central Regional Stockyards - Vienna, MO...
Cattle receipts: 1405      last week 1398       year ago 1245
Compared to last Wednesday, feeder steers and heifers mostly steady to 2.00 lower except steers 400-550 lbs 3.00-6.00 lower. Slaughter cows 2.00-3.00 lower. Supply moderate.

Arcadia Livestock Auction - Arcadia, FL...
Receipts:  1684    Last Week:  1828    Year Ago:  1353
Compared to last week: Slaughter cows and bulls were 3.00 lower. Feeder steers mostly steady with instances 10.00 higher on 600lbs steers heifers steady to 2.00 lower.

East Tennessee Livestock - Sweetwater, TN...
Cattle Receipts:  583          Last week: 905    Last year: 662
According to the Federal-State Market News Service. Slaughter cows steady to 1.00 lower. Slaughter bulls steady to 1.00 lower. Feeder steers/bulls steady to 3.00 lower. Feeder heifers steady to 2.00 lower.

Russell Springs Auction - Russell Springs, KY...
Cattle Receipts: 975    Last week: 1289    For the week: 1186
Compared to last week: Feeder steer calves steady to 1.00 lower. Feeder heifer calves steady. Yearling steers and heifers 2.00 lower. Slaughter cows and bulls 1.00 to 2.00 lower.

Roanoke Livestock Auction - Roanoke, AL...
Receipts:  1300    Last Week:  2013    Year Ago:  1139
Compared to last week: Slaughter cows 1.00-2.00 lower, bulls 3.00-5.00 lower. Feeder classes steady to 2.00 higher. Replacement cows and pairs 25.00-50.00 higher. Supply consisted of 13 percent slaughter cows, 2 percent bulls, 11 percent replacement cows and pairs and 74 percent feeders.

Turner County Auctiion - Ashburn, GA...
Receipts:  1275    Last Week:  1425    Year Ago:  1550
Compared to one week ago, slaughter cows 3.00 to 6.00 lower, bulls 1.00 to 3.00 lower, replacement cows 2.00 to 5.00 lower, feeder steers and steer calves steady to 3.00 higher, feeder heifer poorly tested, heifer calves steady to 1.00 higher.
 

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October Lean Hog Futures: 76.42...+1.47

Hogs: National direct trade barrows and gilts 0.12 lower with prices ranging from 70.50-82.43, weighted average price 76.94.

Sheep: Centennial Livestock Auction - Ft. Collins, CO - Compared to last week: Slaughter lambs were 3.00 to 5.00 lower.  Slaughter Lambs: Non-Traditional Market: Shorn: Choice and Prime 2-3: 120-130 lbs 128.00-129.00; 130-140 lbs 124.00-127.00; 155 lb 128.00.  Wooled: Choice and Prime 2-3: 90-105 lbs 124.00-126.00; 115-130 lbs 122.00-128.00; 130-135 lbs 122.00-128.00; 150-170 lbs 126.50-127.00.  Good and Choice 1-2: 60-65 lbs 132.50-135.00; 72 lb 132.00; 85 lb 130.00; 95-100 lbs 116.00-124.00; 110-125 lbs 115.00-119.00.  Good 1: 70 lb 119.00; 83 lb 112.00.

Daily National Grain Market Summary: Corn and soybeans closed higher at the close joining wheat as it closed higher on follow-through buying.  A late round of buying pushed corn and soybeans higher.  Corn had strong export sales totaling 1,658,200 tonnes (60.9 mb).  Soybeans had export sales totaling 613,900 tonnes (22.6 mb), with old crop sales of 900 tonnes.  Wheat had strong exports sales of 1.024.100 tonnes (37.6 mb).

Kansas City Corn: 4.02...-0.07

Kansas City Wheat: 6.38...+0.05

Kansas City Soybeans: 10.49...+0.03

December Corn Futures: 4.47'4...+0.00'6

November Soybean Futures: 10.09...+0.03'4

December Wheat Futures: 7.13'6...+0.05

Nearby Crude Oil Futures Contract: 75.02...+1.11

Dow Jones Industrial Average: 10,292.63...+23.16

NASDAQ: 2,192.86...+16.02
 
 

~ Additional reports at "Market Reports" & "Auction Results" ~

.~ Updated daily Monday thru Friday... Normally around 4:00 PM CST ~

Although the information contained within is from sources believed to be accurate and timely, THE CATTLE RANGE EXPRESSLY DISCLAIMS ALL WARRANTIES, EXPRESSED OR IMPLIED, AS TO THE ACCURACY OF ANY OF THE CONTENT PROVIDED, OR AS TO THE FITNESS OF THE INFORMATION FOR ANY PURPOSE.