Livestock Roundup 6/03/22
Posted: June 3, 2022, 8:37 a.m.
Thursday’s Slaughter is estimated at 125,000, in line with last week and 17,000 more than the same week last year.
Thursday’s Cutout Values
Choice: 266.65, Down .77 from the previous day.
Select: 249.63, Up .72 from the previous day.
Choice/Select Spread: 17.02
5 Area Average Cattle Price
Live Steer: 136.81
Live Heifer: 136.12
Dressed Steer: 221.87
Dressed Heifer: 222.04
Weekly Export Sales for Beef: Net sales of 17,900 MT for 2022 were down 11 percent from the previous week and 17 percent from the prior 4-week average. Increases primarily for Japan (6,000 MT, including decreases of 600 MT), China (4,800 MT, including decreases of 300 MT), South Korea (2,700 MT, including decreases of 400 MT), Taiwan (1,100 MT, including decreases of 100 MT), and Canada (900 MT), were offset by reductions for Colombia (100 MT). Total net sales of 200 MT for 2023 were reported for Japan. Exports of 19,200 MT were up 10 percent from the previous week, but down 1 percent from the prior 4-week average. The destinations were primarily to South Korea (5,400 MT), Japan (4,900 MT), China (2,700 MT), Taiwan (1,300 MT), and Mexico (1,100 MT).
Weekly Export sales for Pork: Net sales of 31,900 MT for 2022 were down 13 percent from the previous week, but up 15 percent from the prior 4-week average. Increases were primarily for Mexico (13,000 MT, including decreases of 400 MT), China (9,000 MT, including decreases of 100 MT), South Korea (3,900 MT, including decreases of 400 MT), Japan (1,900 MT, including decreases of 100 MT), and Canada (1,900 MT, including decreases of 500 MT). Exports of 31,200 MT were down 6 percent from the previous week and 4 percent from the prior 4-week average. The destinations were primarily to Mexico (14,200 MT), China (4,900 MT), Japan (3,700 MT), South Korea (2,700 MT), and Canada (1,500 MT).
Live Cattle
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