NATIONAL and Local FEEDER & STOCKER CATTLE SUMMARY - WEEK ENDING 08.10.2012
RECEIPTS: Auctions Direct Video/Internet Total This Week 141,800 72,200 51,500 265,500 Last Week 126,200 65,800 206,800 398,800 Last Year 190,700 47,400 79,500 317,600
Compared to last week, feeder cattle and calves sold generally 1.00-4.00 higher with the exception of some major auctions near the Southern Plains feedlot area early in the week, like Oklahoma National Stockyards, which sold slightly lower.
However yearling markets in these areas have been running ahead of other areas.
Calf prices in some the worst drought stricken areas, like Missouri, saw gains as much as 10.00 higher from out of state buyers.
At the St. Joe, Missouri Stockyards on Wednesday, three pot loads of black-hided yearling heifers from one consignment weighing 690-700 lbs. with an empty weighing condition sold from 143.50-145.85.
The good cattle markets we have had the last two weeks have been made by good demand as cattle buyers have been aggressive to buy feeder cattle.
Silage choppers are running at a brisk pace throughout the Corn Belt as farmers are looking for an outlet for all their drought damaged corn.
The last couple of weeks have seen the live and feeder cattle futures for the most part trending higher and with last week’s fed cattle selling 3.00-5.00 higher the cash feeder cattle market is trending upward.
Boxed Beef also moved significantly higher this week as Choice product advanced over 6.00 closing Friday at 184.95 for the week.
The corn market remains the wild card as the last two weeks the corn market has taken to the sidelines for the most part awaiting direction from the USDA’s Supply and Demand report released on Friday.
On Friday morning, the USDA dropped corn production to 10.77 billion bushels down from 12.9 billion bushels last month, with yield estimates at 123.4 bushels per acre down from 146 bushels per acre in July.
Interesting to note that after these reports were released corn for September closed 18 1/4 cents lower at 8.00 on Friday.
In this week’s weekly crop progress report the USDA revised its corn fields rated poor to very poor to 50% compared to 48% last week and 16% last year.
Despite large plantings of corn, this will be the third year in a row of declining corn production.
The scorching heat last month couldn’t be beat as July was the hottest month in the U.S. since records began in 1895, beating out the Dust Bowl record in the summer of 1936.
Pastures in the U.S. are rated 59% poor to very poor with the state of Missouri in dire straits with 99% of its pastures rated poor to very poor as Missouri has a little over 6% of the overall beef cows in the U.S. Liquation has and will continue to occur in the cattle markets as what started out the year with early grass now has brought us to a point of no grass.
Supply included 55% weighing over 600 lbs. and 41% heifers.
Auction Receipts: 141,800 Last Week: 126,200 Last Year: 190,700
Buckhannon Stockyards, Buckhannon, WV
Weighted Average Report for Wednesday August 08, 2012
Cattle Receipts: 23 Slaughter cows made up 39% of the offering, slaughter bulls 13%, other cows 13%, and feeders 35%. The feeder supply included 25% steers, 63% heifers, and 13% bulls. Near 25% of the run weighed over 600 lbs. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 1 260-260 260 100.00 100.00 1 375-375 375 135.00 135.00 Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 1 305-305 305 124.00 124.00 1 450-450 450 107.00 107.00 1 635-635 635 105.00 105.00 Medium and Large 2 1 300-300 300 117.00 117.00 1 420-420 420 96.00 96.00 RWF Feeder Bulls Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price 1 800-800 800 87.00 87.00 Slaughter Cows Boner 80-85% Lean Head Wt Range Avg Wt Price Range Avg Price 5 1055-1375 1179 78.00-82.00 80.60 2 1270-1275 1273 83.25-83.75 83.50 High Dressing Lean 85-90% Lean 2 880-995 938 64.50-66.50 65.56 Heiferettes Head Wt Range Avg Wt Price Range Avg Price 2 705-890 798 71.00-78.00 74.91 Medium and Large 2 Middle Aged 1 745-745 745 65.00 65.00 Slaughter Bulls Yield Grade 1-2 Head Wt Range Avg Wt Price Range Avg Price 1 1030-1030 1030 77.50 77.50 Low Dressing 1 1835-1835 1835 94.25 94.25 1 1685-1685 1685 82.25 82.25 Low Dressing Cow Calf Pairs # head 3 Ages 2-8 calf under 250 lb calf over 250 lb 1150.00-1265.00 1300.00
Buckhannon Livestock, Buckhannon, WV
Weighted Average Report for Tuesday August 07, 2012
Cattle Receipts: 1989 Feeders made up 100% of the offering. The feeder supply included 71% steers, and 29% heifers. Near 99% of the run weighed over 600 lbs. Feeder Steers Large 1 Head Wt Range Avg Wt Price Range Avg Price 1 515-515 515 127.50 127.50 3 590-590 590 139.00 139.00 1 640-640 640 115.00 115.00 2 605-605 605 130.50 130.50 Red 4 672-695 678 126.00 126.00 1 685-685 685 124.00 124.00 Red 2 740-740 740 124.00 124.00 9 760-775 766 117.00-123.00 120.99 1 780-780 780 120.00 120.00 Red 1 810-810 810 116.00 116.00 2 802-802 802 107.00 107.00 RWF 3 863-863 863 121.00 121.00 1 900-900 900 109.00 109.00 2 962-962 962 100.00 100.00 Medium and Large 1 58 875-875 875 128.00 128.00 Yearlings Medium 1 4 508-508 508 133.00 133.00 1 565-565 565 135.00 135.00 1 645-645 645 124.00 124.00 1 675-675 675 120.00 120.00 3 700-740 713 110.00-114.00 112.62 4 750-750 750 123.00 123.00 Large 1 - 2 3 582-582 582 136.00 136.00 Medium and Large 1 - 2 67 735-735 735 134.75 134.75 Yearlings 137 765-780 772 133.50-133.75 133.62 Yearlings 310 810-840 827 130.00-132.75 131.10 Yearlings 468 850-875 868 125.25-129.00 127.53 Yearlings 223 915-925 918 112.75-122.50 119.78 Yearlings 53 965-965 965 117.75 117.75 Yearlings Large 2 1 440-440 440 129.00 129.00 3 618-640 625 131.00-136.00 134.29 12 669-691 676 121.00-134.00 126.93 2 827-827 827 112.00 112.00 1 805-805 805 100.00 100.00 Smoke 8 864-870 865 116.00-119.00 116.38 1 920-920 920 103.00 103.00 Medium 2 6 479-479 479 120.00 120.00 2 525-540 533 97.50-135.00 115.99 1 760-760 760 110.00 110.00 1 925-925 925 103.00 103.00 Medium 3 1 470-470 470 108.00 108.00 Feeder Heifers Large 1 Head Wt Range Avg Wt Price Range Avg Price 1 585-585 585 100.00 100.00 1 625-625 625 109.00 109.00 Smoke 4 726-726 726 123.00 123.00 4 781-781 781 116.00 116.00 1 815-815 815 116.00 116.00 Smoke 1 880-880 880 105.00 105.00 Medium and Large 1 90 725-725 725 126.50 126.50 Yearlings 58 850-850 850 120.00 120.00 Yearlings Medium 1 1 460-460 460 113.00 113.00 1 540-540 540 100.00 100.00 Smoke 2 630-630 630 105.00 105.00 Medium and Large 1 - 2 67 745-745 745 122.25 122.25 Yearlings 130 780-785 783 122.00-126.25 124.05 Yearlings 132 800-825 813 121.25-124.00 122.56 Yearlings 57 850-850 850 119.25 119.25 Yearlings Large 2 4 615-618 617 109.00-123.00 119.51 4 652-665 656 105.00-106.00 105.25 9 725-725 725 127.50 127.50 1 700-700 700 121.00 121.00 Red 7 788-792 790 118.00-119.00 118.43 1 810-810 810 107.00 107.00 Medium 2 7 600-602 602 106.00-126.00 123.15 1 695-695 695 109.00 109.00
Weston Livestock Special, Weston, WV
Weighted Average Report for Saturday August 04, 2012
Cattle Receipts: 104 Slaughter cows made up 22% of the offering, slaughter bulls 11%, replacement cows 2%, and feeders 65%. The feeder supply included 32% steers, 62% heifers, and 6% bulls. Near 47% of the run weighed over 600 lbs. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 2 313-313 313 130.00 130.00 1 400-400 400 133.00 133.00 1 485-485 485 125.00 125.00 3 530-530 530 128.00 128.00 1 555-555 555 127.00 127.00 6 615-645 626 125.00-129.00 126.19 2 620-620 620 114.00 114.00 SMOKE 2 700-705 703 123.00-124.00 123.50 1 885-885 885 113.00 113.00 Holstein Medium and Large 3 1 395-395 395 83.00 83.00 1 430-430 430 60.00 60.00 1 585-585 585 79.00 79.00 Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 1 165-165 165 147.50 147.50 5 265-290 285 120.00-123.00 122.44 1 325-325 325 110.00 110.00 1 385-385 385 113.00 113.00 2 448-448 448 121.00 121.00 2 410-440 425 107.00-115.00 111.14 RWF 7 460-470 466 110.00-118.00 115.59 2 495-495 495 104.00 104.00 RWF 2 548-548 548 117.00 117.00 2 555-575 565 111.00-118.00 114.44 3 642-642 642 117.00 117.00 1 615-615 615 109.00 109.00 EXOTIC 4 699-699 699 119.00 119.00 4 663-663 663 107.00 107.00 SMOKE 2 720-720 720 118.00 118.00 Medium and Large 2 3 763-763 763 95.00 95.00 Feeder Bulls Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 3 600-600 600 125.00 125.00 1 695-695 695 104.00 104.00 Bred Cows Medium and Large 1 - 2 Middle Aged Head Wt Range Avg Wt Price Range Avg Price 1 1135-1135 1135 970.00 970.00 Per Head 4-6 Months Bred 1 1110-1110 1110 960.00 960.00 Per Head 7-9 Months Bred Slaughter Cows Breaker 70-80% Lean Head Wt Range Avg Wt Price Range Avg Price 1 1430-1430 1430 76.00 76.00 Boner 80-85% Lean 12 1040-1330 1158 70.00-83.00 77.33 1 1020-1020 1020 79.00 79.00 High Dressing 1 1250-1250 1250 71.50 71.50 Low Dressing 3 1460-1610 1553 80.00-81.50 80.69 1 1455-1455 1455 87.25 87.25 High Dressing Lean 85-90% Lean 2 900-1080 990 60.00-68.00 64.36 1 800-800 800 35.00 35.00 Low Dressing 1 1540-1540 1540 84.75 84.75 Slaughter Bulls Yield Grade 1-2 Head Wt Range Avg Wt Price Range Avg Price 2 1225-1255 1240 87.00-89.00 88.01 1 1010-1010 1010 82.00 82.00 Low Dressing 5 1645-1855 1712 91.50-100.00 97.31 3 1545-2025 1818 100.50-117.00 105.82 High Dressing Cow Calf Pairs # head 4 Ages 2-8 calf under 250 lb L&M 1 1020.00-1270.00 L&M 2 685.00 Slaughter Hogs and Pigs Slaughters # head 3 200-265 lbs 47.00-72.50 Slaughter and Feeder Lambs Slaughters Choics and prime # hd 11 100-125 lbs 81.00-106.00 Feeders # hd 31 S&M 1-2 90-125 lbs 86.00-112.50 75-90 125.00-132.00 60-75 120.00-140.00 Goats # head 22 selection 1 selection 2 selection 3 kids under 20 lb 40.00 kids 20 -40 lb 60.00-70.00 sl yearlings 97.50 sl sm billies 92.50 sl sm nannies 77.50 sl big nannies 100.00-105.00
Jackson County Regional Livestock, Ripley, WV
Weighted Average Report for Saturday August 04, 2012
Cattle Receipts: 238 Slaughter cows made up 14% of the offering, slaughter bulls 1%, replacement cows 4%, other cows 0%, and feeders 81%. The feeder supply included 41% steers, 35% heifers, and 23% bulls. Near 17% of the run weighed over 600 lbs. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 1 185-185 185 167.50 167.50 1 265-265 265 145.00 145.00 10 300-348 330 141.00-150.00 147.42 3 365-370 367 136.00-144.00 138.69 16 400-435 428 134.00-144.00 142.03 13 452-482 461 132.00-141.00 138.18 1 475-475 475 121.00 121.00 RED 3 508-508 508 132.00 132.00 4 520-545 533 120.00-125.00 121.22 SMOKE 3 570-585 575 131.00-136.00 134.30 1 630-630 630 129.00 129.00 1 670-670 670 122.00 122.00 1 685-685 685 100.00 100.00 Yearlings 8 789-789 789 124.00 124.00 Medium and Large 2 1 375-375 375 126.00 126.00 1 400-400 400 125.00 125.00 1 455-455 455 111.00 111.00 4 577-582 580 121.00-128.00 124.48 1 645-645 645 105.00 105.00 RED Holstein Medium and Large 2 3 710-710 710 71.00 71.00 Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 11 325-325 325 132.00 132.00 4 365-380 371 124.00-129.00 126.75 7 400-445 421 120.00-129.00 124.18 4 483-483 483 127.00 127.00 1 540-540 540 110.00 110.00 1 520-520 520 137.00 137.00 Fancy 8 555-596 576 110.00-116.00 114.31 1 610-610 610 105.00 105.00 RED 1 600-600 600 80.00 80.00 Yearlings 2 675-690 683 84.00-89.00 86.47 Yearlings 1 700-700 700 97.00 97.00 Yearlings 1 750-750 750 105.00 105.00 Medium and Large 1 - 2 6 555-555 555 118.00 118.00 Medium and Large 2 3 270-285 278 127.50-132.00 129.01 2 335-345 340 126.00-129.00 127.48 2 375-385 380 110.00-111.00 110.49 2 387-387 387 118.00 118.00 RED 2 445-445 445 121.00 121.00 1 490-490 490 115.00 115.00 1 495-495 495 90.00 90.00 Yearlings 2 527-527 527 108.00 108.00 1 560-560 560 97.00 97.00 1 675-675 675 115.00 115.00 1 740-740 740 100.00 100.00 Yearlings Feeder Bulls Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 1 345-345 345 137.00 137.00 1 390-390 390 133.00 133.00 1 405-405 405 132.00 132.00 7 463-465 464 136.00-138.00 137.43 3 525-547 540 128.00-129.00 128.68 1 535-535 535 117.00 117.00 SMOKE 12 550-596 563 125.00-128.00 127.75 1 810-810 810 105.00 105.00 Yearlings 1 950-950 950 90.00 90.00 Yearlings 2 1130-1140 1135 95.00-100.00 97.49 Yearlings Medium and Large 2 1 415-415 415 96.00 96.00 2 510-520 515 117.00-118.00 117.50 5 551-585 559 111.00 111.00 2 600-600 600 114.00 114.00 RED 1 650-650 650 115.00 115.00 1 665-665 665 117.00 117.00 BWF 1 905-905 905 85.00 85.00 Yearlings Bred Cows Medium and Large 1 - 2 Young Head Wt Range Avg Wt Price Range Avg Price 1 1010-1010 1010 775.00 775.00 Per Head 1-3 Months Bred 1 1040-1040 1040 925.00 925.00 Per Head 4-6 Months Bred 1 1215-1215 1215 940.00 940.00 Per Head 4-6 Months Bred Medium and Large 1 - 2 Middle Aged 1 1040-1040 1040 650.00 650.00 Per Head 1-3 Months Bred 3 1200-1440 1313 890.00-900.00 896.95 Per Head 1-3 Months Bred 2 950-1010 980 750.00-1010.00 883.98 Per Head 4-6 Months Bred Slaughter Cows Breaker 70-80% Lean Head Wt Range Avg Wt Price Range Avg Price 1 1270-1270 1270 81.50 81.50 High Dressing 2 1695-1720 1708 82.00 82.00 High Dressing Boner 80-85% Lean 7 920-1260 1099 72.00-78.00 75.79 9 980-1350 1165 80.00-86.00 82.19 High Dressing Lean 85-90% Lean 1 1105-1105 1105 61.00 61.00 1 925-925 925 77.00 77.00 High Dressing Other Cows Medium and Large 1 - 2 Young Head Wt Range Avg Wt Price Range Avg Price 1 1095-1095 1095 86.50 86.50 Slaughter Bulls Yield Grade 1-2 Head Wt Range Avg Wt Price Range Avg Price 1 1215-1215 1215 92.00 92.00 1 1545-1545 1545 104.00 104.00 High Dressing 1 2080-2080 2080 84.00 84.00 Low Dressing Fat Cattle Head Wt Range Price Range 1 900-1000lb 93.00 Sel 1 900-1000lb 110.00 C- 1 1000-1100lb 112.50 C 4 1100-1200lb 92-110 C- 4 1100-1200lb 114-121 C+ 6 1200-1300lb 108-115 C 2 1300-1400lb 117.50-120 C+ 3 1300-1400lb 112-116 Sel 1 1400-1500lb 110 C 2 1500-1600lb 83-105 Sel 1 1500-1600lb 115 C Cow/Calf Pairs Head #1 #2 2 2-8yr old Cows w/calves under 250lb 1035 825 3 2-8yr old Cows w/calves over 250lb 1050-1350 750 2 8yr & over Cows w/calves over 250lbs 1050 Goats Head Type Sel1 Sel2 Sel3 12 Wether 117.5-137.5 87.5-100 65-75 12 Sm Billies 107.50 60-72.5 40-50 4 Big Billies 137.50 100-112.50 8 Sm Nannies 102.50 72.5-80 52.50 6 Big Nannies 100 92.50-112.50 80 3 Kids ubder 40lb 95 60 45 Lambs Head 2 100-125lbs 103-105 1 90-100lb 107 3 70-80lb 120 2 40-50lb 132.50 1 50-60lb 134.00 Sheep Head 2 100-125 Ewes 61-84 Boars Head 2 All weights 16 Slaughter Gilts & Barrows Head 1 200-300lb 66 1 300-400lb 54 Sows Head 3 400-500lb 34 1 500-600lb 34