Weekly Livestock, Poultry & Grain Market Highlights - June 16, 2014

Weekly Livestock, Poultry & Grain Market Highlights
June 16, 2014

Hogs and Pork

Current Week

Change From
Past Week

Change From
Past Year
140.00

Nat'l Purchased Wtd Avg Price - Barrows & Gilts ($/cwt)

113.41

4.7%

13.8%

Pork Carcass Cutout FOB Plant ($/cwt)

121.96

2.6%

21.0%

Segregated Early Weaned (SEW) Feeder Pigs ($/head)

74.18

-1.0%

164.2%

Iowa/So. Minn Avg Weight Barrows & Gilts (lbs)

286.7

0.0%

4.3%

1,915,000

-0.8%

-1.8%

48,147,000

N/A

-4.1%

413.2
10,330.7

-0.7%
N/A

3.4%
-0.7%

Est. Hog Slaughter
YTD Est. Hog Slaughter
Est. Pork Production (mil lbs)
YTD Est. Pork Production (mil lbs)

Weekly Barrow & Gilt Price and Weekly Pork Cutout
vs. 5 Year Average ($ per cwt)
130.00
120.00
110.00
100.00
90.00
80.00
70.00
60.00

J

Cattle and Beef
149.48

2.5%

23.8%

Dressed Wtd Avg Steer Price, 5 Area Del ($/cwt)

236.32

1.9%

21.3%

250.00

Boxed Beef Cutout, Choice ($/cwt)

231.80

0.0%

15.0%

240.00

Boxed Beef Cutout, Select ($/cwt)

222.86

0.2%

21.1%

230.00

Boxed Beef, Choice/Select Spread ($/cwt)

8.94

-0.49

-8.67

By-Product Drop Value, Steer ($/cwt live)

15.66

-0.6%

8.3%

CME Feeder Cattle Index ($/cwt)

198.91

1.7%

46.1%

Texas Avg Live Weight Slaughter Cattle (lbs)

1,255.0

0.4%

-0.4%

41%

7.9%

2.5%

170.00

605,000

-1.5%

-6.1%

160.00

13,618,000

N/A

-6.3%

477.0
10,813.2

-1.4%
N/A

-6.3%
-5.8%

Est. Cattle Slaughter
YTD Est. Cattle Slaughter
Est. Beef Production (mil lbs)
YTD Est. Beef Production (mil lbs)

M

A

M

Lamb and Veal

J

J

A

Pork Cutout

S

O

N

D

5 Year Avg Hog Price

Weekly Dressed Steer Price and Weekly Boxed Beef
Choice Cutout vs. 5 Year Averages ($ per cwt)

Live Wtd Avg Steer Price, 5 Area FOB ($/cwt)

Texas Percent Slaughter Heifers

F

Hog Price

220.00
210.00
200.00
190.00
180.00

J

F
M
A
M
Steer Price
5 Year Avg Steer Price

J

J

A

S
O
N
D
Boxed Beef Choice Cutout
5 Year Avg Choice Cutout

Weekly Lamb Carcass Cutout vs 5 Year Average
($ per cwt)
350.00
340.00

Slaughter Lamb, Choice & Prime, Wtd Avg Price ($/cwt)

144.06

1.0%

22.2%

330.00

Lamb Carcass Cutout ($/cwt)

324.16

-2.1%

29.4%

320.00

Est. Sheep Slaughter
YTD Est. Sheep Slaughter
Est. Lamb Production (mil lbs)
YTD Est. Lamb Production (mil lbs)
Veal Carcass Wtd Avg Non-Packer Owned ($/cwt)
Veal Carcass Wtd Avg Packer Owned ($/cwt)

38,000

-2.6%

-5.0%

310.00

956,000

N/A

1.4%

300.00

2.8

0.0%

0.0%

290.00

68.0
367.70
381.53

N/A
0.6%
0.3%

1.0%
9.7%
6.7%

280.00
270.00

J

F

M

A

M
2014

Source: USDA AMS Livestock, Poultry & Grain Market News; www.ams.usda.gov/lpsmarketnewspage

J

J

A

S
5-year

O

N

D

Weekly Livestock, Poultry & Grain Market Highlights
June 16, 2014

Grain

Current Week

Change From
Past Week

Change From
Past Year

Weekly National Broiler Whole Body Delivered Price
(Cents /lb)
125.00
120.00

Central Illinois Avg Corn Price ($/bu)

4.3800

-2.0%

-36.2%

115.00

14.3450

-2.5%

-6.8%

110.00

Central Illinois 48% Soybean Meal, Rail ($/ton)

497.40

-4.0%

1.6%

105.00

Hard Red Winter Wheat Truck to Kansas City ($/bu)

7.0075

-3.4%

-1.6%

Dark Northern Spring Wheat, 14%, MN, Rail ($/bu)

8.7425

-0.6%

-3.7%

Soft White Wheat Portland ($/bu)
Sorghum, Kansas City, Truck ($/cwt)

6.8850
7.9600

-4.9%
-2.7%

-5.4%
-32.5%

Central Illinois Avg Soybean Price ($/bu)

113.08

-2.4%

3.6%

156,011

-0.1%

N/A

Actual Slaughter of Young Chickens (000's)

155,488

11.3%

-0.1%

3,481,085

N/A

-0.7%

698,390

14.0%

2.1%

15,413,398

N/A

-0.4%

Actual RTC Pounds of Young Chickens (000's)
YTD RTC Pounds of Young Chickens (000's)

90.00
85.00
80.00
J

F

M

A

M

J

2014

Est. Young Chicken Slaughter - Current Week (000's)
YTD Actual Slaughter of Young Chickens (000's)

95.00

75.00

Broilers
Nat'l Delivered Whole Body Price (cents/lb)

100.00

J

A

S

2013

O

N

D

5-year

Weekly National Frozen Whole Body Hen Turkey FOB
Price (cents/lb)
115.00
110.00
105.00
100.00

Turkeys

95.00

Nat'l FOB Frozen Whole Body Price (cents/lb)
Actual Slaughter of Turkeys (000's)
YTD Actual Slaughter of Turkeys (000's)
Actual RTC Pounds of Turkeys (000's)
YTD RTC Pounds of Turkeys (000's)

110.00

6.4%

12.2%

4,571

24.1%

3.5%

92,518

N/A

-5.3%

111,375

21.4%

0.8%

2,303,974

N/A

-5.1%

Eggs

90.00

M

A

M

J

J

A

S

2013

O

N

D

5-year

Weekly Combined Regional Large Egg Price
(Cents/Dozen)
170.00
160.00
150.00

130.97

-1.3%

22.7%

National Shell Egg Inventory (30 doz. Cases/000,s)

1048.7

-0.5%

N/A

130.00

Shell Egg Demand Indicator (SEDI)

-4.40

0.19

5.40

120.00

Central States Breaking Stock Av. Price (cents/dozen)

95.00

-14.4%

58.3%

110.00

National Breaking Stock Inventory (30 doz. Cases/000's)

299.2

6.8%

N/A

100.00

1,528,999

4.0%

0.2%

32,758,383

N/A

2.8%

YTD Eggs Broken Under Federal Inspection (30 doz cases)

F

2014

Combined Regional Large Eggs (cents/dozen)

Eggs Broken Under Federal Inspection (30 doz cases)

J

140.00

90.00
80.00

J

F

M

A
2014

Source: USDA AMS Livestock, Poultry & Grain Market News; www.ams.usda.gov/lpsmarketnewspage

M

J

J
2013

A

S

O
5-year

N

D