NATIONAL and Local FEEDER & STOCKER CATTLE SUMMARY - WEEK ENDING 04.13.2012
RECEIPTS: Auctions Direct Video/Internet Total This Week 166,500 15,600 68,800 250,900 Last Week 206,800 36,000 14,900 257,700 Last Year 254,200 37,200 95,200 386,600
Compared to last week’s sharply lower market; feeder cattle sold unevenly steady with varying trends depending on what part of the week the sales occurred, what part of the country they were sold, and the severity of last week’s losses in that particular area.
Calves sold steady to 3.00 lower with new crops making up a larger percentage of offerings and waning demand from dwindling grass orders.
Early week auctions were very slow because of the last week’s lower market and Easter Sunday limiting shipments of cattle over the weekend.
Midweek sales saw a mixture of continued pressure and recovery as places like Colorado saw moderate market loss for the second straight week, while just across the line in Kansas the major yearling auction markets regained a large portion of last week’s sharply lower price levels with gains of as much as 6.00.
Direct trade was extremely light due to early week losses on the Board, but limited late week salebarns experienced sound footing after CME feeder cattle contracts for fall closed up-the-limit on Thursday.
For the most part, this past week’s feeder cattle marketing mirrored the fed cattle trading session that saw early week pressure followed by a mild but measurable rally.
Five-Area direct slaughter cattle trading ended the week mostly steady with live sales largely unchanged from 122.00-123.00 in the Southern Plains, while Northern dressed business widely ranged from 192.00 on Tuesday to as much as 201.00 paid by regional packers on Thursday (but mostly 194.00-195.00 on Wednesday).
Cattlemen are hoping that the market just needed a couple weeks of correction to catch its breath before continuing a bullish path with fundamental factors still fully supportive.
On the other hand, packers are struggling to keep dressed beef cut-out values within shouting distance of the whole dressed carcass (177.00 vs. 195.00) and at the same time keep from tipping their short-bought hand to feedlot managers yearning to return the fat market to 130.00.
Beneficial rains fell across much of cattle country this week, including the Texas Panhandle which was forced to close Hwy 287 between Amarillo and Dumas for several hours because of isolated rainfall measurements of up to 5 inches.
Kansas Flint Hill pastures have mostly been burned-off and new arrivals of stockers are unloaded daily to feast on fresh bluestem growth.
Soon grass pastures across the United States will be fully stocked and the grazing rush is mostly over for this year, with the exception of a few small-acreage weekend warriors.
Up north in the Dakotas, demand is still rampant for open replacement heifers with a large portion of the top quality girls still heading back to the country from area feeder auctions.
Feeder cattle marketing is easing into the warm weather lull that should last until the late summer yearlings hit the market.
This week’s auction volume included 50% over 600 lbs. and 46% heifers.
Auction Receipts: 166,500 Last Week: 206,800 Last Year: 254,200
Buckhannon Stockyards, Buckhannon, WV
Weighted Average Report for Wednesday April 11, 2012
Cattle Receipts: 82 Slaughter cows made up 12% of the offering, slaughter bulls 6%, replacement cows 17%, and feeders 65%. The feeder supply included 57% steers, 30% heifers, and 13% bulls. Near 26% of the run weighed over 600 lbs. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 3 390-390 390 172.00 172.00 3 442-442 442 178.00 178.00 2 465-465 465 152.50 152.50 1 500-500 500 145.00 145.00 Exotic 7 553-553 553 145.00 145.00 2 610-610 610 135.00 135.00 1 825-825 825 127.00 127.00 Medium and Large 2 5 365-387 378 135.00-139.00 136.54 2 412-412 412 120.00 120.00 3 507-507 507 125.00 125.00 1 735-735 735 112.00 112.00 Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 1 355-355 355 140.00 140.00 1 450-450 450 137.50 137.50 10 600-600 600 125.00-131.00 125.60 Medium and Large 2 2 435-435 435 141.00 141.00 2 550-550 550 95.00 95.00 RWF Feeder Bulls Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 1 440-440 440 145.00 145.00 Medium and Large 2 4 350-350 350 150.00 150.00 Medium and Large 3 2 368-368 368 111.00 111.00 Bred Cows Medium and Large 1 - 2 Young Head Wt Range Avg Wt Price Range Avg Price 6 900-1030 948 845.00-1050.00 938.24 Per Head 4-6 Months Bred 1 1125-1125 1125 999.00-1275.00 1275.00 Per Head 7-9 Months Bred Medium and Large 1 - 2 Middle Aged 5 1070-1170 1118 550.00-1100.00 887.08 Per Head 4-6 Months Bred 1 1250-1250 1250 999.00-1275.00 1275.00 Per Head 7-9 Months Bred Medium and Large 2 Aged 1 980-980 980 475.00 475.00 Per Head 7-9 Months Bred Slaughter Cows Boner 80-85% Lean Head Wt Range Avg Wt Price Range Avg Price 4 1180-1360 1256 79.00-85.00 83.02 2 1190-1370 1280 70.00-75.00 72.68 Low Dressing Lean 85-90% Lean 1 715-715 715 62.00 62.00 3 940-1110 1048 61.00-64.00 62.40 Slaughter Bulls Yield Grade 1-2 Head Wt Range Avg Wt Price Range Avg Price 2 1120-1435 1278 82.50-90.00 86.71 2 1740-1790 1765 86.00-88.50 87.27 1 1835-1835 1835 100.00 100.00 High Dressing
Weston Livestock, Weston, WV
Weighted Average Report for Saturday April 07, 2012
Cattle Receipts: 874 Total: 898 Slaughter cows made up 6% of the offering, slaughter bulls 1%, replacement cows 0%, and feeders 93%. The feeder supply included 43% steers, 43% heifers, and 14% bulls. Near 37% of the run weighed over 600 lbs. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 5 313-337 327 180.00-189.00 185.56 2 368-368 368 160.00 160.00 Smoke 9 405-423 419 183.00-193.00 190.85 6 429-430 429 159.00-168.00 162.00 RWF 8 471-471 471 186.00 186.00 34 503-518 509 165.00-175.00 169.61 5 508-508 508 161.00 161.00 RWF 16 560-585 575 150.00-160.00 158.15 3 588-588 588 148.00 148.00 RWF 18 610-641 621 157.00-167.00 162.25 2 615-615 615 146.00 146.00 RWF 21 666-694 681 145.00-151.00 148.13 43 707-746 718 138.00-145.00 142.81 2 773-773 773 137.00 137.00 Medium and Large 2 2 375-375 375 162.50 162.50 8 405-444 430 165.00-177.50 170.43 10 469-487 478 165.00-173.00 168.77 10 505-538 524 150.00-166.00 158.41 6 580-595 588 146.00 146.00 24 608-629 621 144.00-154.00 151.94 2 695-695 695 139.00 139.00 Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 5 332-338 334 150.00-158.00 153.23 8 360-395 376 140.00-152.50 142.99 33 408-449 426 140.00-152.00 148.02 31 472-479 475 150.00-160.00 153.59 2 480-480 480 147.00 147.00 RWF 38 505-545 525 148.00-156.00 151.68 30 556-590 582 144.00-155.00 148.76 18 603-632 624 141.00-148.50 146.09 7 652-667 659 130.00-135.00 132.83 3 723-723 723 115.00 115.00 10 806-806 806 117.00 117.00 Medium and Large 2 8 360-378 372 122.50-132.50 126.85 9 413-413 413 120.00-138.00 128.00 18 450-498 476 140.00-149.00 143.63 6 500-510 503 140.00-145.00 143.31 3 553-553 553 135.00 135.00 9 629-635 630 133.00-135.00 134.55 Feeder Bulls Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 3 318-318 318 150.00 150.00 2 350-350 350 156.00 156.00 5 413-430 423 150.00-160.00 156.10 2 430-430 430 150.00 150.00 RWF 3 480-480 480 162.50 162.50 3 575-575 575 147.00 147.00 3 605-605 605 140.00 140.00 18 650-650 650 134.00 134.00 2 677-677 677 137.00 137.00 RWF 20 753-773 762 122.00 122.00 2 898-898 898 94.00 94.00 Medium and Large 2 3 290-290 290 139.00 139.00 3 442-442 442 150.00 150.00 6 563-563 563 154.00 154.00 Bred Cows Medium and Large 1 - 2 Middle Aged Head Wt Range Avg Wt Price Range Avg Price 1 1225-1225 1225 999.00-1275.00 1275.00 Per Head 7-9 Months Bred Slaughter Cows Breaker 70-80% Lean Head Wt Range Avg Wt Price Range Avg Price 1 1240-1240 1240 83.00 83.00 2 1435-1475 1455 84.00-85.00 84.50 Boner 80-85% Lean 1 700-700 700 79.00 79.00 18 940-1390 1198 78.50-88.00 83.43 4 1270-1380 1324 89.00-90.50 89.88 High Dressing 2 1040-1125 1083 70.00-75.00 72.40 Low Dressing 2 1400-1655 1528 83.00-83.50 83.27 Lean 85-90% Lean 2 675-790 733 53.00-55.00 54.08 Low Dressing 1 1020-1020 1020 71.00 71.00 2 865-920 893 50.50-61.50 56.17 Low Dressing Slaughter Bulls Yield Grade 1-2 Head Wt Range Avg Wt Price Range Avg Price 1 955-955 955 70.00 70.00 Low Dressing 3 1835-1915 1885 90.00-95.75 93.56 2 1585-2020 1803 100.00-105.50 103.08 High Dressing Baby Calves returned to farm # head 1 Beef Dairy Newborn to 4 wks 270.00 Bulls By the head # head 4 800-1000lbs 885.00-1000.00 Cow Calf Pairs, # head 10 ages 2-8 calf 250 lb or less L&m 1 1350.00-1475.00 L&m 2 935.00 Ages 8 & up calf 250 lb or less L&M 1 1250.00-1400.00 Slaughter Hogs and Pigs Barrow and Gilts, U.S. 1-3 # hd 4 200-250 lb 70.00-87.50 250-300 77.50 300 & up 95.00 Feeder pigs, # hd 14 52.50-72.50 Slaughter and feeder Lambs Feeders # hd 3 S&M 1-2 75-90 lb 175.00 45-60 185.00 Ewe receipts slaughter ewes # hd 2 thin 73.00 fleshy 82.00
Jackson County Regional Livestock Market, Ripley, WV
Weighted Average Report for Saturday April 07, 2012
Cattle Receipts: 167 Slaughter cows made up 14% of the offering, slaughter bulls 4%, replacement cows 7%, and feeders 76%. The feeder supply included 35% steers, 40% heifers, and 24% bulls. Near 7% of the run weighed over 600 lbs. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 1 300-300 300 142.00 142.00 Red 2 387-387 387 172.50 172.50 7 430-430 430 173.50 173.50 1 445-445 445 150.00 150.00 Red 8 454-492 464 156.00-181.00 174.37 2 467-467 467 147.50 147.50 Red 10 530-537 536 158.00-170.00 166.62 9 562-563 563 170.00-171.00 170.44 Medium and Large 2 3 391-391 391 162.50 162.50 2 450-485 468 151.00-167.50 158.94 Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 1 295-295 295 150.00 150.00 2 330-330 330 165.00 165.00 6 388-388 388 141.00-157.00 149.00 2 357-357 357 152.00 152.00 Smoke 1 445-445 445 140.00 140.00 4 455-460 458 129.00-145.00 136.96 7 511-537 526 147.00-151.00 148.67 12 560-582 578 127.00-141.00 138.46 1 605-605 605 130.00 130.00 2 690-690 690 123.00 123.00 Medium and Large 2 1 340-340 340 131.00 131.00 2 350-385 368 132.00-145.00 138.81 3 400-430 410 132.00-136.00 133.40 4 450-470 455 130.00-135.00 131.29 3 510-515 512 114.00-130.00 119.37 Feeder Bulls Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 7 360-363 361 177.50 177.50 2 362-362 362 166.00 166.00 Smoke 7 417-445 429 168.00-178.00 173.02 2 540-540 540 157.00 157.00 1 545-545 545 158.00 158.00 Smoke 5 610-617 613 138.00-146.00 142.78 1 650-650 650 130.00 130.00 Medium and Large 2 6 410-410 410 155.00 155.00 Bred Cows Medium and Large 1 - 2 Young Head Wt Range Avg Wt Price Range Avg Price 2 970-970 970 850.00 850.00 Per Head 4-6 Months Bred 1 1080-1080 1080 1175.00 1175.00 Per Head 7-9 Months Bred 1 1280-1280 1280 1300.00 1300.00 Per Head 7-9 Months Bred Medium and Large 1 - 2 Middle Aged 1 1010-1010 1010 775.00 775.00 Per Head 1-3 Months Bred 2 1225-1325 1275 1025.00 1025.00 Per Head 4-6 Months Bred 1 1510-1510 1510 1425.00 1425.00 Per Head 7-9 Months Bred Medium and Large 1 - 2 Aged 1 970-970 970 775.00 775.00 Per Head 1-3 Months Bred 1 850-850 850 750.00 750.00 Per Head 4-6 Months Bred 1 1195-1195 1195 810.00 810.00 Per Head 4-6 Months Bred Slaughter Cows Breaker 70-80% Lean Head Wt Range Avg Wt Price Range Avg Price 4 1090-1245 1191 80.00-84.00 82.21 High Dressing 2 1400-1495 1448 80.00 80.00 High Dressing Boner 80-85% Lean 8 950-1250 1034 70.00-77.00 72.42 5 940-1300 1147 78.00-80.00 79.13 High Dressing 1 1060-1060 1060 64.00 64.00 Low Dressing 1 1440-1440 1440 71.00 71.00 Lean 85-90% Lean 1 735-735 735 29.00 29.00 Low Dressing 1 1175-1175 1175 61.00 61.00 Slaughter Bulls Yield Grade 1-2 Head Wt Range Avg Wt Price Range Avg Price 2 1300-1325 1313 95.00 95.00 High Dressing 1 1575-1575 1575 92.00 92.00 3 1795-2090 1945 96.50-109.50 102.66 High Dressing Cow Calf Pairs Head 10 975.00-1450.00 Head Bulls Head 1 900.00 Baby Calves Head 9 150.00-325.00 Goats Head 37 Kids 28.00-35.00 Feeders 40.00-80.00 Nannies 65.00-115.00 Billies 70.00-230.00 Market Hogs Head 1 57.00 Feeder Pigs Head 4 62.00-75.00 Lambs Head 4 200.00-220.00
Congratulations to Hunter Ashley for getting a 2nd place in the Discus throw. He may be a Freshman, but he can definately out throw a lot of sophmores, Juniors and seniors. Way to go Hunter. Practice always pays off. Proud of you.