JC_LS795 Jefferson City, MO Fri Oct 06, 2017 MO Dept of Ag/USDA Market News Missouri Weekly Weighted Average Feeder Cattle Report – Week Ending 10/06/17 Receipts: 25,153 Week Ago: 25,386 Year Ago: 16,644 Compared to last week, steers and heifers traded steady to 3.00 higher. Supply was moderate, with the majority being in that mid-weight range. Gains in the market encouraged producers to load their cattle and bring them to town. Market reporters in the sale barns noted that there was good to very good demand for top quality, weaned calves along with yearlings with good weighing conditions. A few reporters did note some discounts to unweaned or fleshy calves, but that is consistent with the time of year as weather patterns are starting to fluctuate. The futures markets have closed higher and lower this week but were able to find underlying support and the gains outweighed the losses, compared to close on last Friday. Futures markets are uneven, as of Friday morning, with double digits in either direction. The Fed Cattle Exchange sold 784 head out of the 1732 head offered, with a price range of 107.00 to 108.50 and a weighted average of 108.01. Boxed beef cutouts had a little movement this week, even though weekly slaughter numbers hit a record last week, once again, at 648,000 head. Some much needed rain found its way into Missouri, resulting in pastures to green up and improve before the first frost. While it did delay harvest somewhat, farmers will be soon again fighting to get crops into storage. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 12 257-298 274 195.00-213.00 201.38 79 300-345 324 160.00-220.00 190.57 116 350-398 374 155.00-213.00 188.54 264 400-449 427 150.00-201.50 177.55 536 450-499 474 150.00-189.50 174.47 24 466-484 475 182.50-190.00 187.49 Thin Fleshed 22 456 456 198.00 198.00 Value Added 713 500-549 528 150.00-181.00 167.65 56 509-548 534 148.75-170.00 163.34 Fleshy 30 534 534 184.00 184.00 Thin Fleshed 567 550-599 573 137.00-178.00 162.04 73 552-592 582 150.50-158.50 155.19 Fleshy 68 563-578 568 172.00-174.00 172.75 Thin Fleshed 470 600-648 621 138.00-177.00 160.72 65 601-644 631 145.50-158.00 153.30 Calves 20 616-624 621 150.00-153.50 151.21 Fleshy 50 606-636 627 172.00-187.75 183.18 Thin Fleshed 517 650-699 673 128.00-175.00 160.07 21 650-689 668 142.00-150.00 148.60 Calves 53 661-663 663 170.00-180.00 172.45 Thin Fleshed 356 702-747 728 115.00-175.25 159.98 108 717-744 730 164.25-169.50 165.88 Thin Fleshed 378 750-798 775 146.00-170.00 155.88 67 773-780 773 139.50-152.00 151.44 Fleshy 46 762-778 767 164.50-166.25 165.04 Thin Fleshed 406 804-849 832 143.00-165.75 159.77 62 826 826 165.75 165.75 Thin Fleshed 519 850-899 863 143.00-164.25 158.53 282 908-948 919 128.00-149.50 148.53 Feeder Steers Large 1 Head Wt Range Avg Wt Price Range Avg Price 125 803 803 150.50 150.50 10 883 883 154.25 154.25 16 1075 1075 127.50 127.50 Feeder Steers Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 25 556-598 572 141.50-155.00 147.94 24 606-646 629 134.00-153.00 143.50 14 667-688 678 131.00-142.50 136.35 71 910-941 913 126.00-151.50 148.54 10 1054 1054 139.50 139.50 Feeder Steers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 14 291-296 294 195.00-200.00 196.77 40 300-346 327 150.00-216.00 187.22 186 350-398 377 135.00-195.00 169.87 171 400-448 434 135.00-188.00 164.03 329 450-498 473 128.00-183.25 160.54 10 492 492 166.00 166.00 Fleshy 330 500-549 528 135.00-173.50 154.55 18 507-543 521 146.50-151.75 150.50 Fleshy 236 550-596 571 125.00-165.00 149.97 13 551-596 568 151.00-152.50 151.89 Fleshy 243 600-649 625 121.00-160.00 151.38 14 603-633 624 143.00-150.00 145.52 Fleshy 49 603-643 622 150.00-164.50 156.39 Thin Fleshed 196 650-698 674 130.00-161.00 147.09 19 651-671 656 132.75-142.00 139.51 Calves 14 673-679 676 143.00 143.00 Fleshy 24 671-687 680 152.00-153.00 152.55 Thin Fleshed 163 700-746 717 130.00-155.00 145.29 123 757-799 767 130.00-161.50 140.00 17 786 786 152.50 152.50 Thin Fleshed 152 812-843 821 130.00-157.25 146.09 81 858-886 874 135.00-156.50 149.77 Feeder Steers Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price 25 400-440 423 130.00-154.00 148.54 15 472-486 481 135.00-154.50 147.48 23 512-548 528 137.50-152.00 144.65 41 559-597 579 130.00-142.50 138.50 26 608-630 622 122.50-148.25 137.42 24 701-739 718 128.00-135.25 132.82 11 822 822 142.50 142.50 Feeder Holstein Steers Large 3 Head Wt Range Avg Wt Price Range Avg Price 13 352-387 379 91.00-109.00 104.17 11 453-471 468 85.00-89.00 85.70 35 558-574 569 74.00-94.00 81.47 43 600-634 627 72.50-82.50 74.65 46 701-745 717 80.00-90.50 86.47 18 775-791 788 65.50-75.00 73.44 18 879 879 85.00 85.00 Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 64 305-348 333 145.00-180.00 162.14 204 350-398 379 139.00-186.00 158.65 355 400-448 428 133.00-171.00 153.72 13 434-443 437 144.50-149.00 147.60 Fleshy 580 450-499 474 133.00-165.00 150.35 24 453-481 470 140.50-159.00 146.81 Fleshy 554 500-549 524 129.00-157.50 145.36 29 502-544 539 138.00-141.50 138.96 Fleshy 30 533-549 537 153.75-160.50 155.59 Thin Fleshed 615 550-599 573 129.00-164.50 150.77 32 560-597 576 138.00-150.75 143.28 Fleshy 297 600-648 624 125.00-166.75 149.48 29 600-622 607 130.00-149.00 143.98 Calves 446 652-699 674 130.00-166.50 154.35 30 676-677 676 160.00-164.00 162.67 Thin Fleshed 186 701-738 717 124.00-160.00 145.98 224 750-795 781 125.00-150.00 141.90 164 804-847 813 122.50-153.75 143.48 70 851-892 866 117.00-154.25 131.10 111 909-942 921 124.00-142.25 130.82 Feeder Heifers Large 1 Head Wt Range Avg Wt Price Range Avg Price 60 759 759 139.75 139.75 Feeder Heifers Medium 1 Head Wt Range Avg Wt Price Range Avg Price 12 546 546 146.00 146.00 Feeder Heifers Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 15 601-640 619 132.50-133.00 132.76 Feeder Heifers Medium 1-2 Head Wt Range Avg Wt Price Range Avg Price 11 501-522 509 142.00-148.00 146.51 Feeder Heifers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 44 309-347 332 142.50-164.50 152.84 118 352-399 373 131.00-165.00 145.67 335 400-449 426 125.00-162.00 144.55 13 444-448 445 140.50-145.00 143.95 Fleshy 412 450-499 478 121.00-155.00 140.07 26 474-491 488 142.50-146.50 144.33 Fleshy 320 500-548 526 120.00-158.00 138.83 31 517-542 528 135.00-148.50 140.30 Fleshy 10 510 510 144.00 144.00 Yearlings 241 550-598 572 121.50-164.00 137.94 11 575 575 137.00 137.00 Fleshy 167 600-648 623 116.00-150.50 135.59 15 623 623 166.25 166.25 Thin Fleshed 148 650-699 680 110.00-162.50 140.42 65 700-748 716 115.00-144.75 137.61 77 750-798 772 115.00-138.50 132.01 49 801-848 831 110.00-134.25 126.25 57 855-891 882 126.00-142.75 135.83 Feeder Heifers Medium 2 Head Wt Range Avg Wt Price Range Avg Price 15 471-481 477 133.50-138.50 136.53 Feeder Heifers Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price 17 350-395 378 132.50-145.00 140.54 22 401-423 416 130.00-150.50 139.88 10 443 443 140.00 140.00 Thin Fleshed 55 453-495 470 125.00-145.00 137.79 24 510-545 524 123.00-147.50 133.45 29 560-595 575 125.00-142.00 131.86 27 613-630 619 123.00-134.00 129.55 10 655-680 668 120.00-124.00 121.50 Feeder Heifers Medium 2-3 Head Wt Range Avg Wt Price Range Avg Price 10 408-428 416 133.00-139.50 136.83 Feeder Heifers Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 10 1038 1038 129.75 129.75 21 1105 1105 125.25 125.25 Feeder Bulls Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 12 310-337 325 172.50-200.00 182.02 15 358-397 382 160.00-176.00 170.82 47 400-445 421 146.00-194.00 164.91 109 450-499 476 141.00-172.00 156.05 109 500-548 525 136.00-158.50 149.69 75 550-590 565 129.00-152.00 141.15 6 559 559 138.25 138.25 Fleshy 32 600-645 619 128.00-146.00 135.56 32 650-695 666 122.00-145.00 135.16 14 700-745 711 119.00-132.50 126.24 Feeder Bulls Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 12 306-347 324 152.50-200.00 178.60 31 358-397 380 146.00-199.00 172.62 84 400-445 424 125.00-180.00 156.30 83 450-498 472 125.00-168.00 144.99 117 500-547 530 120.00-158.50 142.65 102 550-598 578 118.00-153.50 137.88 105 600-645 624 122.50-147.00 135.45 61 651-699 678 119.00-143.50 129.06 27 703-742 721 117.00-134.00 124.18 14 769-790 773 77.00-124.00 92.72 25 803-838 814 116.00-124.25 120.11 Feeder Bulls Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price 12 570-594 585 123.00-128.00 126.03 Source: MO Dept of Ag/USDA Market News Service, Jefferson City, MO Caroline Tyler-Carter, Market Reporter, 573-751-5618 24 Hour Market Report 573-522-9244 www.ams.usda.gov/mnreports/JC_LS795.txt