Gilmer Free Press

NATIONAL and Local FEEDER & STOCKER CATTLE SUMMARY

The Gilmer Free Press
RECEIPTS:       Auctions     Direct    Video/Internet     Total
This Week        249,300     68,500        22,000         339,800
Last Week        227,800     44,200           300         272,300
Last Year        256,300     61,500        12,700         330,500

Compared to last week, steers and heifers sold steady to 5.00 lower, with a few auctions quoting steady to 4.00 higher on their offering comprised of cattle that would be suitable for grazing this summer. 

In this commentary the past couple of weeks there has been mention of the demand for the high quality grazing kind of cattle. 

In the previous week, there were a couple stand out sales of the type of cattle we have been referring to. 

Last Friday at Burwell Livestock Auction in Burwell, NE, a load plus of 560 lbs one owner steers sold at 220.00. 

Last Saturday at Ericson Livestock Auction in Ericson, NE, near six loads of one iron steers weighing 557 to 564 lbs sold from 207.00-209.50 with a weighted average of 207.90.

Replacement quality heifers are still in demand as well. 

On Monday at Tri-State Livestock Auction in McCook, NE, a combination of three different packages of replacement quality heifers weighing from 731 to 740 lbs sold from 155.00 to 156.00 posting a weighted average of 155.33. 

On Thursday at Valentine Livestock Auction in Valentine, NE, a couple packages of heavy 6 weight heifers sold from 166.00 to 170.00 and posted a weighted average of 167.39. 

Just eight short weeks ago, the heavy 6-weight steers in Valentine averaged 167.89. 

That just goes to show you how demand for cattle has ramped up in a relatively short amount of time. 

Although some areas have received precipitation to squelch drought fears in the near term, the Oklahoma-Texas Panhandles as well as southwest and south-central Kansas are still in severe to extreme drought. 

With the windy and dry conditions in south-Central Kansas, authorities there have reported that about 40 square miles have burned; not nearly as devastating as the 1,000 square miles that was scorched in March 2017.

Let’s hope that this spring is not a rerun of last year on that front. 

Feedlot trade this week is mostly steady at 126.00 to 127.00 in the Southern and Northern Plains while dressed trade was also reported to be steady at 204.00. 

Packer margins are very good and the incentive should be there to pick up the slaughter pace and procure fed cattle. 

Beef demand has been excellent but remains a critical factor going forward as more market ready cattle become available for the April to June time period. 

These large numbers are also coming at a time when the grilling season and beef demand are historically at its best. 

However with the Nor’Easter that brought the Northeast to a standstill this week, the short term demand could add a bearish tone to the marketplace. 

Cattle futures seem to indicate that downside potential is more evident than upside potential, even with bullish fundamentals at this time. 

Feedlots keeping current, good domestic consumer beef demand, impressive January exports of 9 percent over a year ago and packer margins near triple digits can’t seem to get a psychological foothold at this time. 

Auction volume this week included 57 percent weighing over 600 lbs and 44 percent heifers.

Auction Receipts:  249,300   Last Week 227,800   Last Year 256,300

South Branch Livestock, Moorefield, WV
Weighted Average Report for Wednesday March 07, 2018

Cattle Receipts:  122

Slaughter cows made up 3% of the offering, and feeders 97%.  

The feeder supply included 81% steers, 14% heifers, and 4% bulls. 

Near 94% of the run weighed over 600 lbs.

Feeder Steers                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1    540-540    540       154.00         154.00
    3   1507-1589  1550    126.25-131.75     129.02
    8   1495-1723  1594    115.50-120.00     117.53   Select
   83   1410-1776  1590    121.50-124.60     123.29   Choice
    1   1880-1880  1880       117.50         117.50   

Feeder Heifers                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1    460-460    460       130.00         130.00
    1    620-620    620       101.00         101.00
    4    770-770    770       125.00         125.00
    4    820-820    820       117.00         117.00
    5   1357-1590  1420    120.25-123.25     121.46   Choice
                             Medium and Large 2
    2    725-725    725       111.00         111.00

Feeder Bulls                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1    425-425    425       156.00         156.00
    2    455-455    455       160.00         160.00
    2    560-560    560       132.00         132.00

Slaughter Cows                 Boner 80-85% Lean
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2   1325-1340  1333     51.00-55.50       53.26
                                Lean 85-90% Lean
    1   1275-1275  1275        50.50          50.50
    1   1065-1065  1065        43.00          43.00   Low Dressing

Weston Special, Weston, WV
Weighted Average Report for Saturday March 03, 2018

Cattle Receipts:  117

Slaughter cows made up 29% of the offering, slaughter bulls 12%, 
other cows 4%, and feeders 55%.  

The feeder supply included 19% steers, 52% heifers, and 30% bulls. 

Near 15% of the run weighed over 600 lbs.

Feeder Steers                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1    440-440    440       175.00         175.00
    1    500-500    500       165.00         165.00   RWF
    1    580-580    580       170.00         170.00
    1    570-570    570       162.50         162.50   RWF
    1    625-625    625       157.50         157.50

Feeder Heifers                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1    375-375    375       135.00         135.00
    1    445-445    445       140.00         140.00
    1    430-430    430       137.50         137.50   RWF
    3    500-540    513    132.50-140.00     137.37
    2    530-530    530       122.50         122.50   RWF
                             Medium and Large 2
    1    205-205    205       130.00         130.00
    3    343-343    343       141.00         141.00
    1    430-430    430       135.00         135.00   RWF
    1    460-460    460       135.00         135.00

Feeder Bulls                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1    300-300    300       140.00         140.00
    1    470-470    470       157.50         157.50
    1    475-475    475       150.00         150.00   Smoke
    1    515-515    515       150.00         150.00   Smoke
    1    650-650    650       145.00         145.00
                             Medium and Large 2
    1    645-645    645       125.00         125.00
    1    640-640    640       125.00         125.00   Smoke
                             Medium and Large 2 - 3
    1    525-525    525       155.00         155.00

Slaughter Cows                 Boner 80-85% Lean
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    5   1070-1300  1211     55.00-60.00       58.13
    1   1235-1235  1235        53.00          53.00   Low Dressing
    3   1410-1525  1472     56.00-59.00       57.37
                                Lean 85-90% Lean
    5    975-1340  1089     53.00-59.00       56.15

Other Cows                  Medium and Large 1 - 2 Young
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2   1005-1060  1033     68.00-69.00       68.49  

Slaughter Bulls                Yield Grade 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2   1090-1455  1273     74.00-76.00       74.86
    4   1575-2000  1769     78.00-86.00       81.70

Bred Cows			M&L1		M&L2
 Head	Weight Range	      Price Range	
    7	980-1115		1000		800

Baby Calves
 Head	Age Range		Average Price
    3	0-4 weeks		180

Feeder Lambs
 Head	Weight Range		Price Range
    6	33			195.00
   10	45-55			230.00-240.00
    4	68			225.00
    7	80-85			170.00-200.00

Ewes
 Head	Weight Range		Price Range
    7	95-140			70.00-87.50

Rams
 Head	Weight Range		Price Range
    1	185			90.00

Slaughter Gilts and Barrows
 Head	Weight Range		Price Range
    1	280			60.00
    1	390			65.00

Jackson County Regional Livestock, Ripley, WV
Weighted Average Report for Saturday March 03, 2018

Cattle Receipts:  284

Slaughter cows made up 8% of the offering, slaughter bulls 3%, 
replacement cows 11%, other cows 6%, and feeders 73%.  

The feeder supply included 17% steers, 48% heifers, and 35% bulls. 

Near 24% of the run weighed over 600 lbs.

“This Sale is reported on an out-weight basis.“

“Value Added” Represents feeder cattle that have been weaned at least 30 days, vaccinated at least once


Feeder Steers                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1    320-320    320       190.00         190.00   BLK
    2    385-385    385       190.00         190.00   BLK
    1    390-390    390       147.00         147.00   RED
    3    415-445    425    162.00-196.00     183.19   BLK
    1    480-480    480       164.00         164.00   Value Added
    3    510-540    530    169.00-178.00     171.89   BLK
    1    555-555    555       163.00         163.00   SMOKE
    6    560-561    561    163.00-179.00     173.67   Value Added
    1    615-615    615       155.00         155.00   SMOKE
    4    600-635    618    159.00-163.00     161.06   Value Added
    4    697-697    697       149.00         149.00   Value Added
    1    950-950    950       111.00         111.00   SMOKE

                             Small 1
    1    570-570    570       138.00         138.00   BLK

                             Medium and Large 2
    2    355-355    355       177.50         177.50   BLK
    1    520-520    520       164.00         164.00   BLK
    1    505-505    505       143.00         143.00   BWF
    1    715-715    715       129.00         129.00   RED

                             Holstein Medium and Large 2
    1    625-625    625        92.00          92.00
    1    685-685    685        62.00          62.00

Feeder Heifers                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2    225-240    233    170.00-172.50     171.29   BLK
    2    285-290    288    163.00-177.00     169.94   BLK
    8    300-335    315    150.00-165.00     160.81   BLK
    1    345-345    345       167.50         167.50   Value Added
    5    350-390    367    150.00-172.00     161.93   BLK
    1    370-370    370       152.00         152.00   RED
    7    400-440    419    145.00-162.50     155.17   BLK
    5    405-425    418    152.00-167.00     158.89   RED
    6    445-445    445    159.00-163.00     161.33   Value Added
    1    475-475    475       144.00         144.00
    8    465-490    480    128.00-155.00     145.14   BLK
    1    485-485    485       132.00         132.00   RWF
    3    452-480    461    156.00-160.00     158.61   Value Added
    4    512-525    516    140.00-144.00     141.98   BLK
    1    515-515    515       120.00         120.00   EXOTIC
    1    505-505    505       134.00         134.00   RWF
    2    580-595    588    125.00-126.00     125.51   BLK
    6    610-640    621    120.00-138.00     132.29   BLK
    1    610-610    610       121.00         121.00   EXOTIC
    2    650-660    655       128.00         128.00   BLK
    3    700-702    701    128.00-130.00     128.67   BLK
    1    785-785    785       126.00         126.00   BLK
    1    820-820    820       118.00         118.00   BLK

                             Small 1
    3    485-490    487    119.00-130.00     122.99   BLK
    1    545-545    545       110.00         110.00   BLK
    1    500-500    500       116.00         116.00   EXOTIC
    1    555-555    555       129.00         129.00   BLK
    1    640-640    640       120.00         120.00   BLK

                             Medium and Large 2
    1    225-225    225       155.00         155.00   BLK
    3    325-325    325       155.00         155.00   Value Added
    2    387-387    387       152.00         152.00   BLK
    1    435-435    435       129.00         129.00   BLK
    1    400-400    400       165.00         165.00   Value Added
    2    460-490    475    132.00-137.00     134.42   BLK
    2    525-535    530    125.00-136.00     130.45   BLK
    1    505-505    505       121.00         121.00   EXOTIC
    1    530-530    530       136.00         136.00   RWF
    1    550-550    550       129.00         129.00   BLK
    2    600-640    620    125.00-130.00     127.42   BLK
    1    680-680    680       114.00         114.00   BLK

                             Medium and Large 3
    1    320-320    320       122.50         122.50   RWF
    1    670-670    670        76.00          76.00   BLK

Feeder Bulls                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1    280-280    280       187.50         187.50   BLK
    1    290-290    290       183.00         183.00   SMOKE
    3    300-340    317    175.00-185.00     181.42   BLK
    1    325-325    325       160.00         160.00   EXOTIC
    7    355-390    371    172.00-185.00     177.92   BLK
   10    400-447    430    170.00-206.00     183.25   BLK
    2    415-415    415       150.00         150.00   RED
    8    450-495    470    160.00-185.00     172.95   BLK
    1    465-465    465       174.00         174.00   RED
   13    505-540    514    149.00-176.00     168.03   BLK
    1    525-525    525       137.00         137.00   SMOKE
    6    570-595    584    128.00-160.00     147.67   BLK
    7    675-690    683    101.00-142.00     132.15   BLK
    4    700-725    709    117.00-135.00     127.43   BLK
    1    775-775    775       119.00         119.00   BLK
    1    760-760    760        89.00          89.00   SMOKE
    1    750-750    750       118.00         118.00   RED
    1    895-895    895        97.00          97.00   BLK
    1    945-945    945        80.00          80.00   BLK
    1    915-915    915        73.00          73.00   SMOKE

                             Small 1
    1    430-430    430       101.00         101.00   BLK
    1    485-485    485       113.00         113.00   EXOTIC

Bred Cows                  Medium and Large 1 - 2 Young
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    7    640-865    770   495.00-1075.00     792.54   Per Head  4-6 Months Bred
    2    915-925    920    875.00-975.00     925.27   Per Head  4-6 Months Bred
    2    765-875    820    885.00-900.00     893.00   Per Head  7-9 Months Bred
    4    910-980    941   875.00-1135.00    1037.08   Per Head  7-9 Months Bred

                            Medium and Large 1 - 2 Middle Aged
    1    990-990    990        70.00          70.00   4-6 Months Bred
    1   1115-1115  1115       625.00         625.00   Per Head  4-6 Months Bred
    3   1210-1425  1310    675.00-950.00     815.90   Per Head  4-6 Months Bred
    1    890-890    890       750.00         750.00   Per Head  7-9 Months Bred
    2   1305-1310  1308    800.00-825.00     812.48   Per Head  7-9 Months Bred

                            Medium and Large 1 - 2 Aged
    6    900-1190  1091    500.00-725.00     655.60   Per Head  4-6 Months Bred
    1   1220-1220  1220       675.00         675.00   Per Head  4-6 Months Bred

Slaughter Cows                 Boner 80-85% Lean
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1    655-655    655        55.00          55.00
    2    820-840    830     40.00-43.00       41.52   Low Dressing
    2    920-1245  1083     53.00-57.00       54.70
   12   1055-1350  1156     57.00-78.00       63.60   High Dressing
    2    930-980    955     44.50-50.00       47.18   Low Dressing
    1   1475-1475  1475        50.00          50.00
    1   1510-1510  1510        58.50          58.50   High Dressing
                                Lean 85-90% Lean
    1    930-930    930        34.00          34.00   Low Dressing

Other Cows                  Medium and Large 1 - 2 Young
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2    685-750    718     66.00-81.00       73.16  
   12    925-1100  1019     65.00-97.00       83.01  
    2   1260-1310  1285     95.00-96.00       95.49  

Slaughter Bulls                Yield Grade 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1   1370-1370  1370        78.00          78.00
    1   1325-1325  1325        83.50          83.50   High Dressing
    1   1935-1935  1935        79.00          79.00
    3   1525-1695  1610     85.00-96.00       89.14   High Dressing
    2   1645-2200  1923     70.50-72.00       71.36   Low Dressing


Breeding Bulls
 Head
    1   1400.00

Cow Calf Pairs
 Head
    8   2-5 year old              785.00-1175.00
        5-and older              1150.00-1400.00

Newborn calves
 Head
    12  Dairy  50.00-125.00
        Beef  125.00-250.00
.
Goats
 Head
    21  Big Billies     135.00-220.00
        Small Billies   135.00-172.00
        Big Nannies     110.00-170.00
        Small Nannies    95.00-110.00
        Kids             65.00-75.00

Feeder Pigs 
 Head
    10  35.00-45.00

Sows
 Head
    2   43.00-52.00

Boars
 Head
    2   20.00-24.00

Slaughter Hogs
 Head
    5   200-300lbs  55.00-58.00

Cattlemen’s Livestock Auction, Caldwell, WV
Weighted Average Report for Friday March 02, 2018

Cattle Receipts:  105
Slaughter cows made up 13% of the offering, slaughter bulls 10%, 
replacement cows 2%, and feeders 75%. 

 The feeder supply included 49% steers, 46% heifers, and 5% bulls. 

Near 59% of the run weighed over 600 lbs.

Feeder Steers                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1    395-395    395       152.00         152.00
    1    445-445    445       165.00         165.00
    5    516-516    516       176.00         176.00
    1    580-580    580       165.00         165.00
    1    630-630    630       160.00         160.00   Yearlings
    5    615-615    615       171.50         171.50   Value Added
    2    785-785    785       140.00         140.00
    1    955-955    955       121.00         121.00
                             Medium and Large 2
    1    750-750    750       128.00         128.00   EXOTIC
                             Holstein Medium and Large 3
    1    650-650    650        70.00          70.00

Feeder Heifers                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2    445-445    445       147.00         147.00   EXOTIC
    3    460-460    460    145.00-153.00     150.33
    2    562-562    562       145.00         145.00   Value Added
    1    670-670    670       132.00         132.00
    2    692-692    692       135.00         135.00   Yearlings
    6    752-752    752       134.00         134.00
                             Medium and Large 2
    1    330-330    330       130.00         130.00
    1    600-600    600       132.50         132.50

Feeder Bulls                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1    610-610    610       155.00         155.00
    1    985-985    985        80.00          80.00

Bred Cows                  Medium and Large 1 - 2 Aged
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1   1305-1305  1305         5.00           5.00   4-6 Months Bred

Slaughter Cows                Breaker 70-80% Lean
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1   1070-1070  1070        62.00          62.00
                               Boner 80-85% Lean
    2   1210-1360  1285     57.50-62.50       60.15
    1   1285-1285  1285        64.00          64.00   High Dressing
    1   1460-1460  1460        52.50          52.50
                                Lean 85-90% Lean
    1   1070-1070  1070        56.00          56.00
    1    985-985    985        43.00          43.00   Low Dressing

Slaughter Bulls                Yield Grade 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2   1385-1445  1415     85.50-86.00       85.76
    2   1545-1895  1720     89.50-90.00       89.72
    1   2060-2060  2060        95.00          95.00   High Dressing
  
1 baby calf   beef           145

2 feeder lambs   82lbs       180.00cwt

--> Sunday, March 11, 2018
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