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Live
Cattle
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Monday, February
06, 2012
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Cash Trade
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Comment
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This Weeks
Cash
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Last Week
Cash
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Negotiated
Trade
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Formula
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Negotiated
Price
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Hot
Trade
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Nat Live Trade
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cash trade
in the north at
12400 and 196-198 steady
to slightly lower the south
traded a few at the 12400
then to 12300 which is 100
lower
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123.23
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197.93
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Iowa/S. Minn
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12400-12500
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12400-12600
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196-200
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Nebraska
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12300-12400
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12400
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196-198
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Colorado
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12400
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12300-12400
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|||||
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Kansas
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12200-12300
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12400
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Texas
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12200-12300
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12400
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Date
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Slghter
(000's)
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Cuts
Loads
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Trim
Loads
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Choice
600-900#
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Select
600-900#
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Spread
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Chucks
#113
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Round
#170
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Trim
50%
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Trim
90%
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mon 01-30
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114
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135
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35
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182.88
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178.68
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205-210
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210-217
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9700-10400
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204-208
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tue 01-31
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125
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160
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65
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183.23
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178.08
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195-210
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unq
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9700-10400
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204-209
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wed 02-01
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124
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185
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73
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184.27
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178.68
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195-218
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195-215
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9600-10100
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205-208
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thu 02-02
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119
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204
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84
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183.19
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178.53
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192-210
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206-216
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9700-10100
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205-210
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fri 02-03
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102
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144
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40
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183.12
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178.08
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192-218
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205-207
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9500-10100
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205-207
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mon 02-06
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124
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135
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63
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184.66
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179.07
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207-215
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210-215
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9800-10700
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205-207
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Wky Total
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124
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Last Week
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114
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Year Ago
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125
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Year to Date
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3,023
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-5.2%
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Saturday
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Live equivalent to
cutout
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$ 116.25
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Packer P+L / Head
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-3000 to -7000
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Estimated Weighted
Live cost
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Weekly Comprehensive
Cust-Out (All fed Steers+Heifers (w.e.)
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01-27-2011
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184.76
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up 1.17
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Product
Comment:
cutout
can not seem to rally even with lowered kill
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Retail comment:
no reports
as of yet on superbowl clearance super bowl is one of the biggest consuming weekends of
the year
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Comments:
last weeks cash trade basicly
steady 100 lower the south was 12200-12300 and the north was 19600-20000.
packers are losing big money so we will watch to see if they continue to cut back on the kill and will
they be able
to buy cash lower again this week.
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USDA COF Report (Friday:
On Feed (jan1st )
Placed ( dec}
Marketed (dec]
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Head Count
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Actual
103
94
98
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Avg Estimate
103.3
94.2
97
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Range
102.7-104.2
90- 98.4
95.1-101.7
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Cattle Inventory (
jan 1, 2012 )
All Cattle
Calf Crop
beef cows
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Head Count
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Actual Pct
97.9
98.9
96.8
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Avg Estimate
98.4
97.8
99.1
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Range
97.4-98.8
96.0-99.8
98.4-99.5
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DISCLAIMER: This information is not to be construed as an offer
to sell or a solicitation or an offer to buy the commodities herein named. The
factual information of this report has been obtained from sources believed to be reliable, but is not
necessarily all-inclusive and is not
guaranteed as to the accuracy, and is not to be construed as representation by our firm. The risk of loss when trading futures
and options is
substantial. Each investor must
consider whether this is a suitable investment. Past performance isnot indicative of future results.
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