All of the primals were higher with bellies sharply higher.Įstimated hog slaughter was 458,000 head – down 8,000 on the week and up 11,000 on the year. Pork values closed higher – up $2.71 at $88.39. Boars ranged from $15 to $25 and $5 to $10. Borrows and gilts were steady with moderate demand for moderate offerings at $46 to $56. The weighted average for all early-weaned pigs was $18.32 and the weighted average for all feeder pigs was $40.18.īutcher hog prices at the Midwest cash markets are steady at $60. At Illinois, slaughter sows were $2 higher with moderate demand for heavy offerings at $12 to $22. The Total Composite cash range was $4 to $17 for a weighted average of $10.28 and the Total Composite formula range was $12.03 to $50.16 for a weighted average of $32.91. Demand was steady to weak for moderate offerings. All eyes are also on the availability of market-ready hogs. Barrows and gilts at the National Daily Direct closed $8.60 lower with a base range of $81.50 to $90 and a weighted average of $85.52 the Iowa/Minnesota closed $5.41 lower with a weighted average of $88.94 the Western Corn Belt closed $5.42 lower with a weighted average of $88.94 the Eastern Corn Belt had no comparison but a weighted average of $84.70.Īccording to the USDA’s weekly Feeder Pig report, early-weaned pigs were steady and all feeder pigs were $1 per head lower.
#FEEDER CATTLE PRICES TODAY FULL#
Demand for US pork on the global market has been strong, and the industry is optimistic domestic demand will see a boost as the summer grilling season is in full swing. Packers were aggressive for much of the week, bidding up to move needed numbers. Friday’s drop in prices came as no surprise. July lean hogs closed $2.42 higher at $89.62 and August lean hogs closed $1.52 higher at $83.95.Ĭash hogs closed sharply lower with a very light negotiated run. Lean hog futures ended the day mostly higher on oversold signals and the higher midday move in pork. Saturday’s estimated kill is 6,000 head – down 59,000 on the week and down 42,000 on the year.
Estimated cattle slaughter was 120,000 head – down 4,000 on the week and the year. Grass, good/premium, large rounds brought $175.īoxed beef closed higher on solid demand for moderate offerings. Alfalfa, pellets, 17% sun-cured brought $315. Alfalfa, fair, large rounds brought $210. Alfalfa, premium, large squares brought $250. Alfalfa, supreme, large rounds brought $280. Alfalfa, supreme, large squares brought $300. Drought conditions have expanded in parts of the state. The first cutting of alfalfa is complete and for the most part, the quality was good. Demand has been good for new crop hay, yet there is some resistance to price from dairy operators as lower milk prices are putting pressure on dairy margins. In South Dakota this past week, the USDA says alfalfa hay was steady. Medium and Large 1 feeder heifers 800 to 843 pounds brought $200.50 to $218 for an average price of $208.11. Medium and Large 1 feeder heifers 750 to 799 pounds brought $203 to $227.75 for an average price of $220.15. Medium and Large 1 feeder steers 864 to 893 pounds brought $216 to $223 for an average price of $219.18 and feeder steers 952 to 992 pounds brought $200 to $212.74 for an average price of $211.16.
Feeder supply included 49% steers and 97% of the offering was over 600 pounds. Receipts were up on the week and down on the year. Quality was very attractive, demand was good, and the market was active. Flesh condition ranged from light grass-type cattle to heavier fleshed cattle coming out of grow yards. There were many long strings of yearling steers and heifers offered in load lots and multiple load lots.
The USDA says demand was excellent and the red-hot fed cattle market is also helping push feeder cattle to record high prices. Southern live deals were at $184 to $191, mostly $185, about $7 to $8 higher than the prior week’s business.Īt the Mitchell Livestock Auction in South Dakota feeder steers and heifers were $10 to $20 higher. Live business in the North had a range of $189 to $191, $3 to $5 higher than the previous week’s weighted averages. There were a few deals that hit $304 in Nebraska. Business got underway on Tuesday, deals in the North were marked at mostly $300 dressed, $10 higher than the prior week’s weighted average basis. Live deals in Kansas were marked at $186. There was another light round of direct cash cattle trade that took place on Friday. August feeder cattle closed $.35 higher at $239 and September feeders closed $.22 higher at $241.70. August live cattle closed $.40 lower at $171.85 and October lives closed $.10 higher at $174.80.
At the Chicago Mercantile Exchange, live and feeder cattle ended the day mixed, adjusting spreads.
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