Timing of Judicial Redress from Erroneous Administrative ...
Summary, 1-3-2019amarillobrokerage.com/uploads/thurs-1.3.19.pdf2019/01/03 · *Meatingplace updated...
28
1/3/19 Prev. Day Daily Chg Prev. Wk WOW Prev. Year YOY 5 Day Avg Year Ago 5 Day YOY 130.44 134.46 -4.02 168.52 -38.08 90.90 39.54 124.89 75.0 49.85 215.15 215.56 -0.41 213.78 1.37 206.67 8.48 214.55 204.6 9.93 216.49 216.64 -0.15 215.30 1.19 208.62 7.87 215.65 206.4 9.23 209.38 210.91 -1.53 207.22 2.16 199.16 10.22 209.83 197.8 12.05 7.11 5.73 1.38 8.08 -0.97 9.46 -2.35 5.82 8.6 -2.82 Loads (Cuts) 126.04 65.16 60.88 116.49 9.55 97.86 28.18 76.98 84.6 -7.63 179.99 180.93 -0.94 177.39 2.60 177.73 2.26 179.49 176.9 2.57 350.51 349.61 0.90 355.98 -5.47 316.81 33.70 346.56 316.2 30.33 280.38 275.78 4.60 277.05 3.33 272.32 8.06 277.43 268.0 9.41 175.24 179.37 -4.13 176.05 -0.81 179.93 -4.69 177.66 175.3 2.36 196.77 199.59 -2.82 193.91 2.86 181.61 15.16 197.81 181.4 16.39 155.64 154.40 1.24 151.96 3.68 130.57 25.07 153.74 132.9 20.88 110.59 109.80 0.79 107.08 3.51 105.70 4.89 108.40 102.8 5.63 Culls, Trim, & Grinds 156.64 155.82 0.82 155.54 1.10 168.61 -11.97 156.37 165.9 -9.50 198.67 197.14 1.53 195.80 2.87 212.16 -13.49 197.89 209.0 -11.12 66.74 65.44 1.30 61.54 5.20 68.52 -1.78 63.07 62.8 0.27 194.06 192.79 1.27 183.94 10.12 181.53 12.54 191.81 187.3 4.49 8.87 8.87 0.00 8.87 0.00 10.71 -1.84 8.87 10.3 -1.38 147.46 143.87 3.59 147.04 0.42 154.62 -7.16 144.99 192.3 -47.26 146.06 144.49 1.57 147.20 -1.14 154.84 -8.78 145.39 187.2 -41.84 57.50 56.83 0.67 56.80 0.70 65.24 -7.74 57.07 62.2 -5.09 69.90 70.04 -0.14 70.44 -0.54 78.76 -8.86 70.16 76.2 -6.04 * Grind Index = Simple Avg of 73's, 81's, and Grnd Chuck **Due to the 1 day lag, the reported price is the previous day's price *With storm damaged cattle and packers having bought a limited inventory, traders are looking for cash to be Pork Cutout *Grind Index Loin Round Brisket Plate Flank Cutter Cow 90'S 50's Other Cash Hog Index **FC Index, Daily **FC Index, 7 Day Summary, 1-3-2019 Cash *With the board down $0.60 to $0.90, packers opened the bidding in KS at $123, rapidly spreading to TX. fully steady with potential to $2 higher. However: *Looks like we had 27,109 trade today at 122.88 avg. 2.5K in TX, 18.7K in KS, 4K in NE, 726hd in IA/MN. Packing Margin Blended Choice Select CH-SE Choice Primals Chuck Rib Drop Boxes Beef *CH -.15 and SL -1.53 on the day *Blended up to $215.15. on small volume, driven by limited production. Blended is now $8.48 higher than a year ago. *Middle meats (namely ribs) have been holding together better-than-expected. *CH/SL up 1.38 today, still down 2.35 YOY. https://phys.org/news/2019-01-beef-millions-slash-emissions-wef.html Other Slaughter *Last week's Total Slaughter = 438 Fed (S&H) = 347 Non-Fed = 91 *Expecting a total kill around 500k. https://www.smh.com.au/business/small-business/didn-t-expect-it-drought-warning-on-pet-and-animal-food-prices-2019 http://www.meatingplace.com/Industry/News/Details/83374 https://www.reuters.com/article/us-china-swinefever/african-swine-fever-hits-huge-foreign-invested-chinese-farm-i *ASF hits huge, foreign-invested Chinese Farm *Australian drought woes continue *"Drop beef and save millions of lives…." *Meatingplace updated their erroneous language regarding ELD being "permanently" suspended.
Transcript of Summary, 1-3-2019amarillobrokerage.com/uploads/thurs-1.3.19.pdf2019/01/03 · *Meatingplace updated...
1/3/19 Prev. Day Daily Chg Prev. Wk WOW Prev. Year YOY 5 Day Avg
Year Ago
5 Day YOY
130.44 134.46 -4.02 168.52 -38.08 90.90 39.54 124.89 75.0 49.85
215.15 215.56 -0.41 213.78 1.37 206.67 8.48 214.55 204.6 9.93
216.49 216.64 -0.15 215.30 1.19 208.62 7.87 215.65 206.4 9.23
209.38 210.91 -1.53 207.22 2.16 199.16 10.22 209.83 197.8 12.05
7.11 5.73 1.38 8.08 -0.97 9.46 -2.35 5.82 8.6 -2.82
Loads (Cuts) 126.04 65.16 60.88 116.49 9.55 97.86 28.18 76.98 84.6 -7.63
179.99 180.93 -0.94 177.39 2.60 177.73 2.26 179.49 176.9 2.57
350.51 349.61 0.90 355.98 -5.47 316.81 33.70 346.56 316.2 30.33
280.38 275.78 4.60 277.05 3.33 272.32 8.06 277.43 268.0 9.41
175.24 179.37 -4.13 176.05 -0.81 179.93 -4.69 177.66 175.3 2.36
196.77 199.59 -2.82 193.91 2.86 181.61 15.16 197.81 181.4 16.39
155.64 154.40 1.24 151.96 3.68 130.57 25.07 153.74 132.9 20.88
110.59 109.80 0.79 107.08 3.51 105.70 4.89 108.40 102.8 5.63
Culls, Trim, & Grinds
156.64 155.82 0.82 155.54 1.10 168.61 -11.97 156.37 165.9 -9.50
198.67 197.14 1.53 195.80 2.87 212.16 -13.49 197.89 209.0 -11.12
66.74 65.44 1.30 61.54 5.20 68.52 -1.78 63.07 62.8 0.27
194.06 192.79 1.27 183.94 10.12 181.53 12.54 191.81 187.3 4.49
8.87 8.87 0.00 8.87 0.00 10.71 -1.84 8.87 10.3 -1.38
147.46 143.87 3.59 147.04 0.42 154.62 -7.16 144.99 192.3 -47.26
146.06 144.49 1.57 147.20 -1.14 154.84 -8.78 145.39 187.2 -41.84
57.50 56.83 0.67 56.80 0.70 65.24 -7.74 57.07 62.2 -5.09
69.90 70.04 -0.14 70.44 -0.54 78.76 -8.86 70.16 76.2 -6.04
* Grind Index = Simple Avg of 73's, 81's, and Grnd Chuck
**Due to the 1 day lag, the reported price is the previous day's price
*With storm damaged cattle and packers having bought a limited inventory, traders are looking for cash to be
Pork Cutout
*Grind Index
Loin
Round
Brisket
Plate
Flank
Cutter Cow
90'S
50's
Other
Cash Hog Index
**FC Index, Daily
**FC Index, 7 Day
Summary, 1-3-2019
Cash
*With the board down $0.60 to $0.90, packers opened the bidding in KS at $123, rapidly spreading to TX.
fully steady with potential to $2 higher. However:
*Looks like we had 27,109 trade today at 122.88 avg. 2.5K in TX, 18.7K in KS, 4K in NE, 726hd in IA/MN.
Packing Margin
Blended
Choice
Select
CH-SE
Choice Primals
Chuck
Rib
Drop
Boxes
Beef
*CH -.15 and SL -1.53 on the day
*Blended up to $215.15. on small volume, driven by limited production. Blended is now $8.48 higher than a year ago.
*Middle meats (namely ribs) have been holding together better-than-expected.
*CH/SL up 1.38 today, still down 2.35 YOY.
https://phys.org/news/2019-01-beef-millions-slash-emissions-wef.html
Other
Slaughter
*Last week's Total Slaughter = 438 Fed (S&H) = 347 Non-Fed = 91
*Expecting a total kill around 500k.
https://www.smh.com.au/business/small-business/didn-t-expect-it-drought-warning-on-pet-and-animal-food-prices-20190103-p50pby.html
http://www.meatingplace.com/Industry/News/Details/83374
https://www.reuters.com/article/us-china-swinefever/african-swine-fever-hits-huge-foreign-invested-chinese-farm-idUSKCN1OW0RB
*ASF hits huge, foreign-invested Chinese Farm
*Australian drought woes continue
*"Drop beef and save millions of lives…."
*Meatingplace updated their erroneous language regarding ELD being "permanently" suspended.
$75
$85
$95
$105
$115
$125
$135
$145
$155
$165
$175
LC, Front Month
$80
$90
$100
$110
$120
$130
$140
$150
$160
$170
$180
1/4 2/4 3/4 4/4 5/4 6/4 7/4 8/4 9/4 10/4 11/4 12/4
LC 1st Month
14-18 Range 2016 2017 2018 2019 5 Yr Avg 10 Yr Avg
$80
$90
$100
$110
$120
$130
$140
$150
$160
$170
$180
1/4 2/4 3/4 4/4 5/4 6/4 7/4 8/4 9/4 10/4 11/4 12/4
LC 2nd Month
14-18 Range 2016 2017 2018 2019 5 Yr Avg 10 Yr Avg
$80
$90
$100
$110
$120
$130
$140
$150
$160
$170
$180
1/4 2/4 3/4 4/4 5/4 6/4 7/4 8/4 9/4 10/4 11/4 12/4
LC 3rd Month
14-18 Range 2016 2017 2018 2019 5 Yr Avg 10 Yr Avg
$80
$90
$100
$110
$120
$130
$140
$150
$160
$170
$180
1/4 2/4 3/4 4/4 5/4 6/4 7/4 8/4 9/4 10/4 11/4 12/4
LC 4th Month
14-18 Range 2016 2017 2018 2019 5 Yr Avg 10 Yr Avg
$75
$95
$115
$135
$155
$175
$195
$215
$235
$255
FC, Front Month
$80
$100
$120
$140
$160
$180
$200
$220
$240
$260
1/4 2/4 3/4 4/4 5/4 6/4 7/4 8/4 9/4 10/4 11/4 12/4
FC 1st Month
14-18 Range 2016 2017 2018 2019 5 Yr Avg 10 Yr Avg
$80
$100
$120
$140
$160
$180
$200
$220
$240
$260
1/4 2/4 3/4 4/4 5/4 6/4 7/4 8/4 9/4 10/4 11/4 12/4
FC 2nd Month
14-18 Range 2016 2017 2018 2019 5 Yr Avg 10 Yr Avg
$80
$100
$120
$140
$160
$180
$200
$220
$240
$260
1/4 2/4 3/4 4/4 5/4 6/4 7/4 8/4 9/4 10/4 11/4 12/4
FC 3rd Month
14-18 Range 2016 2017 2018 2019 5 Yr Avg 10 Yr Avg
$80
$100
$120
$140
$160
$180
$200
$220
$240
$260
1/4 2/4 3/4 4/4 5/4 6/4 7/4 8/4 9/4 10/4 11/4 12/4
FC 4th Month
14-18 Range 2016 2017 2018 2019 5 Yr Avg 10 Yr Avg
$35
$45
$55
$65
$75
$85
$95
$105
$115
$125
$135
LH, Front Month
$30
$40
$50
$60
$70
$80
$90
$100
$110
$120
$130
$140
1/4 2/4 3/4 4/4 5/4 6/4 7/4 8/4 9/4 10/4 11/4 12/4
LH 1st Month
14-18 Range 2016 2017 2018 2019 5 Yr Avg 10 Yr Avg
$30
$40
$50
$60
$70
$80
$90
$100
$110
$120
$130
$140
1/4 2/4 3/4 4/4 5/4 6/4 7/4 8/4 9/4 10/4 11/4 12/4
LH 2nd Month
14-18 Range 2016 2017 2018 2019 5 Yr Avg 10 Yr Avg
$30
$40
$50
$60
$70
$80
$90
$100
$110
$120
$130
$140
1/4 2/4 3/4 4/4 5/4 6/4 7/4 8/4 9/4 10/4 11/4 12/4
LH 3rd Month
14-18 Range 2016 2017 2018 2019 5 Yr Avg 10 Yr Avg
$30
$40
$50
$60
$70
$80
$90
$100
$110
$120
$130
$140
1/4 2/4 3/4 4/4 5/4 6/4 7/4 8/4 9/4 10/4 11/4 12/4
LH 4th Month
14-18 Range 2016 2017 2018 2019 5 Yr Avg 10 Yr Avg
$250
$300
$350
$400
$450
$500
$550
$600
$650
$700
$750
$800
$850
Corn, Front Month
$300
$350
$400
$450
$500
$550
$600
$650
$700
$750
1/4 2/4 3/4 4/4 5/4 6/4 7/4 8/4 9/4 10/4 11/4 12/4
Corn 1st Month
14-18 Range 2016 2017 2018 2019 5 Yr Avg 10 Yr Avg
$300
$350
$400
$450
$500
$550
$600
$650
$700
$750
1/4 2/4 3/4 4/4 5/4 6/4 7/4 8/4 9/4 10/4 11/4 12/4
Corn 2nd Month
14-18 Range 2016 2017 2018 2019 5 Yr Avg 10 Yr Avg
$600
$700
$800
$900
$1,000
$1,100
$1,200
$1,300
$1,400
$1,500
$1,600
$1,700
$1,800
Soybeans, Front Month
$700
$800
$900
$1,000
$1,100
$1,200
$1,300
$1,400
$1,500
$1,600
$1,700
1/4 2/4 3/4 4/4 5/4 6/4 7/4 8/4 9/4 10/4 11/4 12/4
Soybeans 1st Month
14-18 Range 2016 2017 2018 2019 5 Yr Avg 10 Yr Avg
$700
$800
$900
$1,000
$1,100
$1,200
$1,300
$1,400
$1,500
$1,600
$1,700
1/4 2/4 3/4 4/4 5/4 6/4 7/4 8/4 9/4 10/4 11/4 12/4
Soybeans 2nd Month
14-18 Range 2016 2017 2018 2019 5 Yr Avg 10 Yr Avg
$300
$400
$500
$600
$700
$800
$900
$1,000
$1,100
$1,200
$1,300
$1,400
Kansas City Wheat, Front Month
$200
$250
$300
$350
$400
$450
$500
$550
$600
$650
$700
$750
$800
$850
$900
1/4 2/4 3/4 4/4 5/4 6/4 7/4 8/4 9/4 10/4 11/4 12/4
KC Wheat 1st Month
14-18 Range 2016 2017 2018 2019 5 Yr Avg 10 Yr Avg
$300
$350
$400
$450
$500
$550
$600
$650
$700
$750
$800
$850
$900
1/4 2/4 3/4 4/4 5/4 6/4 7/4 8/4 9/4 10/4 11/4 12/4
KC Wheat 2nd Month
14-18 Range 2016 2017 2018 2019 5 Yr Avg 10 Yr Avg
$30
$50
$70
$90
$110
$130
$150
$170
$190
$210
$230
Cotton, Front Month
$50
$55
$60
$65
$70
$75
$80
$85
$90
$95
$100
1/4 2/4 3/4 4/4 5/4 6/4 7/4 8/4 9/4 10/4 11/4 12/4
Cotton 1st Month
14-18 Range 2016 2017 2018 2019 5 Yr Avg 10 Yr Avg
$50
$55
$60
$65
$70
$75
$80
$85
$90
$95
$100
1/4 2/4 3/4 4/4 5/4 6/4 7/4 8/4 9/4 10/4 11/4 12/4
Cotton 2nd Month
14-18 Range 2016 2017 2018 2019 5 Yr Avg 10 Yr Avg
