NATIONAL and Local FEEDER & STOCKER CATTLE SUMMARY - WEEK ENDING 08.31.2012
RECEIPTS: Auctions Direct Video/Internet Total This Week 187,400 60,600 17,800 265,800 Last Week 175,400 59,000 43,700 278,100 Last Year 209,500 48,100 22,600 280,200
Compared to last week, yearling feeder cattle sold mostly steady while calf prices traded fully steady to 5.00 higher.
The light weight calves under 500 lbs. saw the most advance and continue to find the most buying interest as buyers are looking at total dollars per head and options these calves bring to the backgrounder.
Featherweight calves under 400 lbs are easily topping the 2.00/lb. level in many auctions throughout the country.
Backgrounders are buying these lightweight calves on ideas that calves will be worth more down the road and harder to find going onto fall even though we are experiencing high grain prices.
Feeder cattle have found a lot of friends in the last 3-4 weeks finding better exposure in the buying sector as buying interest and demand remain very good with many acres of corn going into silage.
With many farmers and ranchers selling calves early and in many cases bringing the cows along for the ride, cattle buyers are banking that there will be some opportunities and advantages that these cattle will be a good investment to own going into next year.
As we see many cows being sold through culling and herd dispersals, looking into the near future we are seeing fewer cattle and fewer pasture acres.
Though drought conditions are still very much prevalent some decent rains fell across the Western Corn Belt and parts of the Southern Plains last weekend and helped to relieve dry conditions and with Hurricane Isaac hopefully bringing valuable moisture ahead of this fall’s wheat and rye pastures for grazing appear more promising than it appeared 30 days ago and also the boost it brings to one’s spirit to see that it can rain.
Fed cattle trade turned active Friday morning with live sales in the Southern Plains trading from 122.00 to mostly 123.00, 2.00-3.00 higher than last week.
Dressed sales in Nebraska traded Thursday afternoon at 190.00, 2.00-3.00 higher than last week going into Labor Day weekend.
With Labor Day weekend buying in place retail beef prices could expect competing meats to be featured aggressively with price spreads between beef and pork/chicken.
After making some good advances Choice Boxed Beef prices leveled off this week closing 1.21 lower on Friday at 189.62 for Choice product.
Reported auction volume included 51% over 600 lbs. and 42% heifers.
Auction Receipts: 187,400 Last Week: 175,400 Last Year: 209,500
Buckhannon Livestock, Buckhannon, WV
Weighted Average Report for Wednesday August 29, 2012
Cattle Receipts: 41 Slaughter cows made up 24% of the offering, slaughter bulls 10%, replacement cows 10%, and feeders 56%. The feeder supply included 30% steers, 30% heifers, and 39% bulls. Near 35% of the run weighed over 600 lbs. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 1 485-485 485 117.50 117.50 1 570-570 570 131.00 131.00 2 642-642 642 129.00 129.00 1 650-650 650 122.50 122.50 1 1155-1155 1155 115.00 115.00 Smoke Medium and Large 2 1 385-385 385 89.00 89.00 RWF Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 1 340-340 340 110.00 110.00 Exotic 1 850-850 850 96.00 96.00 Red 1 1185-1185 1185 90.00 90.00 Smoke Medium and Large 2 1 405-405 405 80.00 80.00 1 430-430 430 99.00 99.00 Exotic 1 560-560 560 98.00 98.00 Small 2 1 375-375 375 75.00 75.00 Exotic Feeder Bulls Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 2 290-290 290 151.00 151.00 1 430-430 430 92.50 92.50 Red Medium and Large 2 1 245-245 245 91.00 91.00 RWF 2 575-590 583 102.50-112.00 107.19 2 640-640 640 94.00 94.00 Yearlings Small 2 1 490-490 490 77.50 77.50 Bred Cows Medium and Large 1 - 2 Young Head Wt Range Avg Wt Price Range Avg Price 1 875-875 875 950.00 950.00 Per Head 7-9 Months Bred Medium and Large 1 - 2 Middle Aged 1 1150-1150 1150 999.00-1200.00 1200.00 Per Head 4-6 Months Bred 2 1200-1200 1200 999.00-1250.00 1250.00 Per Head 4-6 Months Bred Slaughter Cows Breaker 70-80% Lean Head Wt Range Avg Wt Price Range Avg Price 1 1410-1410 1410 80.75 80.75 Boner 80-85% Lean 3 1180-1280 1232 72.50-79.00 75.23 1 1155-1155 1155 67.00 67.00 Low Dressing Lean 85-90% Lean 3 1005-1195 1092 63.00-67.00 64.59 2 820-975 898 30.00-54.00 40.96 Low Dressing Slaughter Bulls Yield Grade 1-2 Head Wt Range Avg Wt Price Range Avg Price 1 1455-1455 1455 88.50 88.50 1 1455-1455 1455 94.00 94.00 High Dressing 2 1795-2000 1898 89.75 89.75 Cow / Calf Pairs 2 HD Ages 2-8 Calves Under 250 lb Calves Over 250 lb L&M 1 1175.00 1380.00 Goats 9 HD Sel 1 Sel 2 Kids Under 20 lb 20 - 40 40 - 60 60.00 - 75.00 60 - 80 105.00 - 130.00 75.00 Feeder Lambs 6 HD 40 - 60 lb 105.00 60 - 80 lb 80 - 100 lb 90.00 - 107.00 100 - 125lb 90.00 - 100.00 Slaughter Ewes 2 HD 40.00 - 40.00 Feeder, Slaughter Hogs 9 HD Head Wt Avg Wt Price Range Avg Price 1 185 185 122.50 122.50 5 205 - 225 218 107.00 - 125.00 113.40 2 250 - 265 257 110.00 - 115.00 112.50 1 335 335 75.00 75.00
Buckhannon Livestock, Buckhannon, WV
Weighted Average Report for Tuesday August 28, 2012
Cattle Receipts: 2677 Feeders made up 100% of the offering. The feeder supply included 64% steers, and 36% heifers. Near 99% of the run weighed over 600 lbs. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 2 530-530 530 144.00 144.00 Smoke 10 600-645 617 117.50-142.00 136.72 1 615-615 615 133.00 133.00 Smoke 4 680-688 684 131.00-138.00 134.48 12 700-725 716 123.00-136.00 128.79 1 715-715 715 115.00 115.00 Smoke 1 745-745 745 117.00 117.00 Exotic 23 700-700 700 137.00 137.00 Part Loads 18 762-786 773 112.00-127.00 122.95 6 762-790 779 116.00-122.00 119.21 Red 10 770-780 771 118.00-125.50 124.74 RWF 2 765-785 775 118.00-122.00 119.97 Smoke 11 802-845 818 112.00-125.50 120.56 12 850-860 855 122.00-125.00 122.67 55 875-875 875 146.00 146.00 ( All Natural ) 236 850-865 854 135.50-137.50 136.96 Load 5 910-945 923 114.00-121.00 118.55 5 961-975 964 103.00-116.00 113.37 Small 1 1 510-510 510 80.00 80.00 1 735-735 735 88.00 88.00 Medium and Large 1 - 2 2 740-740 740 127.00 127.00 142 710-725 718 143.00-143.75 143.37 Load 2 785-785 785 114.00 114.00 325 750-795 781 138.75-142.25 140.31 Load 256 800-825 812 137.75-141.25 139.57 Load 17 850-850 850 137.00 137.00 Part Loads 169 850-875 858 134.25-136.00 134.86 Load 54 900-900 900 129.75 129.75 Load 99 950-950 950 123.75 123.75 Load Medium and Large 2 2 485-485 485 150.00 150.00 2 538-538 538 134.00 134.00 6 552-587 572 122.50-132.00 128.28 1 580-580 580 120.00 120.00 Smoke 9 622-645 631 127.50-141.00 131.43 1 630-630 630 128.00 128.00 Exotic 4 650-695 676 121.00-134.00 129.94 1 670-670 670 129.00 129.00 Red 4 718-725 722 122.50-126.00 124.26 2 725-725 725 114.00 114.00 Red 4 750-758 754 118.00-120.00 118.99 1 810-810 810 116.00 116.00 Medium and Large 3 1 495-495 495 102.50 102.50 1 525-525 525 95.00 95.00 Holstein Medium and Large 2 - 3 75 675-675 675 107.50 107.50 Load 67 750-750 750 101.00 101.00 Load 60 850-850 850 95.25 95.25 Load Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 14 625-625 625 129.50 129.50 Part Loads 6 655-685 665 119.50-122.00 121.14 4 715-742 730 116.00-118.00 117.00 15 769-798 788 115.00-118.00 117.02 453 800-845 829 124.25-128.25 125.41 Load 3 870-895 878 109.00-119.00 115.60 Medium and Large 1 - 2 2 545-545 545 121.00 121.00 6 552-587 570 128.50-133.00 130.68 1 595-595 595 110.00 110.00 RWF 2 562-562 562 130.00 130.00 Smoke 3 608-630 615 119.00 119.00 16 658-678 666 110.00-125.00 120.96 1 675-675 675 104.00 104.00 Red 9 700-700 700 127.50 127.50 Part Loads 73 735-735 735 128.00 128.00 Load 1 770-770 770 114.00 114.00 208 765-785 771 127.25-130.25 129.30 Load 1 805-805 805 118.00 118.00 125 800-825 812 124.50-126.75 125.60 Load Medium and Large 2 1 495-495 495 119.00 119.00 2 565-565 565 110.00 110.00 3 550-580 560 100.00-101.00 100.65 RWF 1 630-630 630 110.00 110.00 2 665-665 665 113.00 113.00 2 680-680 680 102.00 102.00 RWF
Weston Livestock Special, Weston, WV
Weighted Average Report for Saturday August 25, 2012
Cattle Receipts: 270 Slaughter cows made up 25% of the offering, slaughter bulls 12%, replacement cows 1%, and feeders 62%. The feeder supply included 46% steers, 44% heifers, and 11% bulls. 986574Near 14% of the run weighed over 600 lbs. Feeder Steers Large 1 Head Wt Range Avg Wt Price Range Avg Price 2 445-445 445 144.00 144.00 5 495-495 495 139.00 139.00 1 560-560 560 125.00 125.00 1 591-591 591 128.00 128.00 RWF Medium and Large 1 1 250-250 250 127.50 127.50 SMOKE 1 955-955 955 112.00 112.00 1 1125-1125 1125 101.00 101.00 Medium 1 1 385-385 385 140.00 140.00 SMOKE 3 425-425 425 148.00 148.00 2 490-490 490 130.00 130.00 4 500-500 500 144.00 144.00 4 559-559 559 136.00 136.00 1 625-625 625 132.00 132.00 1 605-605 605 130.00 130.00 SMOKE Medium and Large 2 2 345-345 345 150.00 150.00 5 450-490 474 130.00-140.00 133.80 4 568-590 579 125.00-132.00 128.57 Feeder Heifers Large 1 Head Wt Range Avg Wt Price Range Avg Price 1 430-430 430 118.00 118.00 3 490-490 490 127.00 127.00 1 555-555 555 129.00 129.00 Medium 1 6 408-408 408 131.00 131.00 5 470-480 478 120.00-126.00 124.82 1 575-575 575 120.00 120.00 Medium and Large 2 4 340-340 340 125.00 125.00 1 340-340 340 125.00 125.00 SMOKE 7 414-414 414 128.00 128.00 1 430-430 430 119.00 119.00 RWF 2 478-478 478 120.00 120.00 5 610-635 625 127.00-129.00 128.22 Feeder Bulls Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 1 865-865 865 96.00 96.00 Medium 1 1 370-370 370 130.00 130.00 1 480-480 480 121.00 121.00 RWF 3 560-560 560 130.00 130.00 2 630-630 630 124.00 124.00 Medium and Large 2 1 335-335 335 130.00 130.00 Bred Cows Medium and Large 1 - 2 Middle Aged Head Wt Range Avg Wt Price Range Avg Price 1 1425-1425 1425 999.00-1000.00 1000.00 Per Head 4-6 Months Bred Slaughter Cows Boner 80-85% Lean Head Wt Range Avg Wt Price Range Avg Price 20 935-1375 1225 70.00-79.50 76.48 5 1035-1340 1203 81.00-82.50 81.43 High Dressing 1 1250-1250 1250 67.50 67.50 Low Dressing 2 1440-1455 1448 70.00-77.00 73.48 Lean 85-90% Lean 7 965-1225 1090 60.00-68.00 64.33 Slaughter Bulls Yield Grade 1-2 Head Wt Range Avg Wt Price Range Avg Price 1 1470-1470 1470 95.00 95.00 2 1325-1470 1398 77.00-86.50 82.00 Low Dressing 11 1535-2110 1801 90.00-98.00 93.84 1 2190-2190 2190 100.00 100.00 High Dressing 2 1530-2230 1880 83.50-85.00 84.39 Low Dressing Cow Calf Pairs, # head 3 Ages 2-8 calf 250 lb or less calf over 250 L&M 1 1225.00 1275.00 L&M 2 960.00 Feeder Pigs, # hd 18 35.00-52.50 Slaughter and Feeder Lambs Slaughters Choice and Prime, # hd 5 100-125 lbs 81.00 Ewe Receipts Slaughter ewes, # hd 3 thin 46.00-49.00 Goats, # hd 6 selection 1 selection 2 selection 3 Sl yearlings 85.00 Sl big billies 142.50 sl sm billies 80.00 sl big nannies 90.00 sl sm nannies 60.00
Jackson County Regional Livestock, Ripley, WV
Weighted Average Report for Saturday August 25, 2012
Cattle Receipts: 318 Slaughter cows made up 12% of the offering, slaughter bulls 4%, replacement cows 2%, and feeders 83%. The feeder supply included 33% steers, 47% heifers, and 20% bulls. Near 24% of the run weighed over 600 lbs. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 1 200-200 200 170.00 170.00 Smoke 3 320-320 320 165.00-180.00 175.00 9 319-319 319 179.00 179.00 Smoke 4 375-395 385 164.00-170.00 167.97 5 410-437 425 168.00-170.00 169.18 4 435-435 435 170.00 170.00 Exotic 20 462-495 469 165.00-171.00 169.18 2 500-525 513 140.00-150.00 145.12 11 555-597 573 140.00-156.00 146.86 2 560-560 560 150.00 150.00 Smoke 8 605-627 616 140.00-157.00 151.78 1 660-660 660 150.00 150.00 2 685-685 685 104.00 104.00 Exotic 1 670-670 670 113.00 113.00 RWF 3 665-665 665 130.00 130.00 Smoke 6 702-748 729 120.00-154.00 142.75 Medium and Large 2 3 241-241 241 162.50 162.50 1 320-320 320 142.50 142.50 1 550-550 550 118.00 118.00 Smoke 1 675-675 675 115.00 115.00 Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 4 200-200 200 160.00-170.00 165.00 Smoke 5 281-281 281 144.00 144.00 Smoke 1 325-325 325 125.00 125.00 6 365-390 378 125.00-142.00 128.82 4 366-375 368 120.00-134.00 130.44 Smoke 10 400-448 437 120.00-126.00 124.49 4 420-422 421 120.00-137.00 128.52 Smoke 18 465-495 474 122.00-137.00 128.57 2 470-470 470 122.00 122.00 RED 2 467-467 467 114.00 114.00 Smoke 14 516-538 525 122.00-126.00 123.05 1 530-530 530 114.00 114.00 RED 2 520-520 520 118.00 118.00 Smoke 5 550-590 560 118.00-125.00 120.58 3 555-580 567 115.00-120.00 116.97 Smoke 1 550-550 550 109.00 109.00 Fleshy 11 605-638 623 119.00-124.00 121.88 1 615-615 615 90.00 90.00 Smoke 10 664-690 674 125.00-129.00 127.77 1 680-680 680 98.00 98.00 RWF 1 695-695 695 100.00 100.00 Smoke 1 710-710 710 118.00 118.00 2 775-785 780 100.00-107.00 103.48 2 870-870 870 108.00 108.00 2 940-945 943 85.00-94.00 89.51 Medium and Large 2 1 325-325 325 120.00 120.00 4 350-375 364 120.00-122.00 121.03 1 410-410 410 92.50 92.50 RED 1 470-470 470 115.00 115.00 2 575-575 575 120.00 120.00 1 635-635 635 100.00 100.00 Feeder Bulls Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 4 353-360 355 162.00-162.50 162.13 1 410-410 410 152.50 152.50 RED 5 405-440 429 147.50-155.00 150.92 Smoke 9 455-497 475 135.00-160.00 151.14 1 495-495 495 130.00 130.00 Smoke 12 505-541 527 135.00-155.00 146.59 5 552-585 566 130.00-140.00 133.90 5 600-623 614 132.00-133.00 132.39 1 675-675 675 129.00 129.00 2 820-820 820 100.00 100.00 1 875-875 875 91.00 91.00 Medium and Large 2 1 545-545 545 125.00 125.00 1 560-560 560 115.00 115.00 3 565-565 565 90.00 90.00 RWF 1 690-690 690 107.50 107.50 Bred Cows Medium and Large 1 - 2 Young Head Wt Range Avg Wt Price Range Avg Price 3 836-836 836 885.00 885.00 Per Head 1-3 Months Bred Medium and Large 1 - 2 Middle Aged 2 1115-1165 1140 700.00-835.00 768.98 Per Head 1-3 Months Bred 1 1570-1570 1570 999.00-1290.00 1290.00 Per Head 4-6 Months Bred Slaughter Cows Breaker 70-80% Lean Head Wt Range Avg Wt Price Range Avg Price 1 1150-1150 1150 73.00 73.00 2 1265-1335 1300 78.00-80.00 78.97 High Dressing 2 1400-1485 1443 84.00 84.00 High Dressing 1 1440-1440 1440 70.00 70.00 Low Dressing Boner 80-85% Lean 1 850-850 850 71.00 71.00 Low Dressing 11 1005-1370 1159 71.50-77.50 74.45 10 1075-1355 1203 78.00-82.00 79.17 High Dressing 5 925-1300 1178 66.00-71.00 68.07 Low Dressing 1 1410-1410 1410 75.00 75.00 1 1540-1540 1540 78.00 78.00 High Dressing Lean 85-90% Lean 2 855-1085 970 60.00-75.00 66.61 Slaughter Bulls Yield Grade 1-2 Head Wt Range Avg Wt Price Range Avg Price 4 1035-1490 1310 85.00-90.00 87.65 2 1065-1445 1255 94.00-97.00 95.27 High Dressing 5 1510-2350 1888 87.00-102.00 92.55 1 1940-1940 1940 98.00 98.00 High Dressing Cow Calf Pairs Head 8 Young cow (2-5 years) calf new born 900.00-1085.00 Middle age (5-10 years) calf 300lbs and up 1200.00-1400.00 Old cows (0ver 10 years) new born 900.00 Baby Calves Head 1 Beef 110.00 Fat Cattle Head 3 94.00-120.00 feeder Lambs Head 4 43 lbs 134.50 Slaughter Ewes Head 3 72.50 Market Hogs Head 15 200-250 lbs 62.00-65.00 250-300 lbs 60.00-72.50
