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NATIONAL and Local FEEDER & STOCKER CATTLE SUMMARY - WEEK ENDING 04.27.2012

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RECEIPTS:        Auctions    Direct    Video/Internet     Total
This Week         161,800    34,400        45,300        241,500   
Last Week         193,400    28,800         2,100        224,300   
Last Year         172,400    40,600        56,000        269,000

Compared to last week; feeder and stocker cattle traded steady to 3.00 lower with instances as much as 6.00 lower late Tuesday and early Wednesday, but late-week sales bounced back to early-week levels with some additional recovery noted.

Reports surfaced on Tuesday that the fourth confirmed case of Bovine Spongiform Encephalopathy (BSE) was confirmed in a central California dairy cow, which sent CME cattle futures down-the-limit amid swirling hypertension within the industry.

However, mainstream media calmly reported the situation and stressed the fact that the infected cow never got near our nation’s food supply.

Cash and futures cattle markets recovered their initial knee-jerk losses very quickly and producers were not overly affected unless they had the unfortunate timing of marketing on Tuesday afternoon.

But the aftermath of the situation actually turned-out to be encouraging, that media outlets could report the first case since early 2006 with cool heads and equitable facts.

Wednesday afternoon in Bassett, NE a 50 head draft of thin-fleshed top quality steers weighing 570 lbs. brought 201.00.

Direct slaughter cattle trade ended the week 1.00-3.00 lower from 119.00-122.00 but the BSE case could only be blamed for a small percentage of the loss, which actually had more to do with Tuesday’s Board basis promoting early trades.

Boxed beef cut-out values showed continued strength late in the week and are now within a few dollars of the whole dressed carcass, after being 18.00 back just two weeks ago.

Feeder cattle auction numbers at some of the largest volume salebarns, including Oklahoma City and Joplin, were fairly heavy this week but nationwide receipts were still 16% lighter than last week as marketing seasonally slows.

So far for the year, receipts are running 4.8% lighter than last year and 7.8% lighter than the five year average.

Many producers were busy planting corn in fair weather this week and making huge strides, whether they were making 6-row or 36-row passes.

No matter the pace, this year’s new-crop can’t help satisfy the current demand for corn on shrinking stockpiles.

Additional export demand this week pushed May CBOT contracts back over 6.50/bu with a 29 cent gain on Friday.

This week’s reported auction volume included 48% over 600 lbs. and 43% heifers.

Auction Receipts:  161,800   Last Week:  193,400   Last Year:  172,400

Buckhannon Stockyards, Buckhannon, WV
Weighted Average Report for Wednesday April 25, 2012

Cattle Receipts:  106

Slaughter cows made up 30% of the offering, slaughter bulls 1%,
replacement cows 9%, and feeders 59%.

The feeder supply included 73% steers, 17% heifers, and 10% bulls.

Near 32% of the run weighed over 600 lbs.

Feeder Steers                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3    280-295    287    162.50-165.00     164.14
    2    300-300    300       155.00         155.00
    1    435-435    435       150.00         150.00
    1    455-455    455       165.00         165.00
    3    475-485    482    135.00-140.00     136.64   RWF
    3    510-525    517    145.00-150.00     147.51
    1    515-515    515       135.00         135.00   RWF
    6    555-558    557    152.50-153.00     152.67
    1    620-620    620       132.50         132.50
    1    635-635    635       126.00         126.00   RWF
    2    650-655    653    126.00-130.00     128.01
    1    730-730    730       125.00         125.00
    1    765-765    765       130.00         130.00
    2    905-920    913    106.00-111.00     108.48
                             Medium and Large 2
    2    240-240    240       127.50         127.50
    1    445-445    445       137.50         137.50
                             Holstein Medium and Large 3
    5    315-342    326    100.00-115.00     106.30
    5    470-470    470       119.00         119.00
    5    615-615    615        85.00          85.00

Feeder Heifers                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1    240-240    240       120.00         120.00   RWF
    1    495-495    495       148.00         148.00
    1    580-580    580       142.00         142.00
    4    600-632    617    128.00-135.00     132.26
                             Medium and Large 2
    1    420-420    420       105.00         105.00   RWF
    1    545-545    545       122.00         122.00
    2    642-642    642        76.00          76.00   RWF

Feeder Bulls                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1    300-300    300       152.50         152.50
    1    510-510    510       145.00         145.00
    1    650-650    650       132.00         132.00
                             Medium and Large 2
    3    360-360    360       142.50         142.50

Bred Cows                  Medium and Large 1 - 2 Young
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1    930-930    930       825.00         825.00   Per Head  1-3 Months Bred
    2    845-875    860    750.00-880.00     813.87   Per Head  4-6 Months Bred
    1   1030-1030  1030   999.00-1110.00    1110.00   Per Head  4-6 Months Bred
    1    880-880    880       875.00         875.00   Per Head  7-9 Months Bred
    1   1030-1030  1030   999.00-1350.00    1350.00   Per Head  7-9 Months Bred
                            Medium and Large 1 - 2 Middle Aged
    1   1045-1045  1045       995.00         995.00   Per Head  4-6 Months Bred
    1   1090-1090  1090       910.00         910.00   Per Head  7-9 Months Bred
                            Medium and Large 1 - 2 Aged
    1   1060-1060  1060       910.00         910.00   Per Head  7-9 Months Bred
    1   1200-1200  1200   999.00-1000.00    1000.00   Per Head  7-9 Months Bred

Slaughter Cows                Breaker 70-80% Lean
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2   1720-1725  1723     72.00-74.75       73.38
                               Boner 80-85% Lean
    1    765-765    765        82.00          82.00
   16   1070-1345  1215     75.50-84.25       80.36
    1    970-970    970        89.00          89.00   High Dressing
    3   1410-1600  1478     76.75-83.00       80.12
                                Lean 85-90% Lean
    1    735-735    735        65.00          65.00
    8    925-1340  1091     61.50-71.00       65.67

Slaughter Bulls                Yield Grade 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1   1500-1500  1500        79.50          79.50   Low Dressing

Cow Calf Pairs, # head 6

 Ages 2-8                  calf 250 lb or less      calf over 250 lb
  L&M 1                    1085.00-1345.00          1385.00

  L&M 2                    600.00-1025.00

Weston Livestock, Weston, WV
Weighted Average Report for Saturday April 21, 2012

Cattle Receipts:  383

Slaughter cows made up 24% of the offering, slaughter bulls 3%,
replacement cows 2%, and feeders 70%.

The feeder supply included 22% steers, 56% heifers, and 22% bulls.

Near 21% of the run weighed over 600 lbs.

Feeder Steers                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2    323-323    323       170.00         170.00
    2    360-360    360       167.50         167.50
    5    505-530    517    162.50-171.00     168.25
    1    555-555    555       166.00         166.00
    2    620-645    633    130.00-132.00     131.02
    2    660-690    675    140.00-141.00     140.49
    1    745-745    745       125.00         125.00
    1    770-770    770       133.00         133.00
    2    800-820    810    122.00-127.50     124.72
    2   1715-1830  1773     93.00-95.50       94.21
                             Medium and Large 2
    4    375-393    384    160.00-175.00     167.32
    6    455-499    484    146.00-160.00     150.38
    2    540-540    540    127.50-133.00     130.25
    1    565-565    565       133.00         133.00
    1    625-625    625       132.50         132.50

Feeder Heifers                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1    220-220    220       145.00         145.00
    4    380-390    383    143.00-153.00     150.45
   15    403-446    440    147.00-164.00     159.57
    8    455-495    477    143.00-155.00     148.01
    1    460-460    460       131.00         131.00   RWF
    7    503-543    529    147.00-148.00     147.73
    1    545-545    545       132.50         132.50   RWF
    3    570-590    583    140.00-141.00     140.33
    5    613-635    621    123.00-135.00     128.93
    8    661-693    673    123.00-133.00     129.14
    3    708-710    709    118.00-123.00     119.67
    1    790-790    790       108.00         108.00
                             Medium and Large 2
    3    265-265    265       119.00         119.00   RWF
    7    373-373    373       150.00         150.00
    1    390-390    390       127.50         127.50   RWF
    6    408-415    412    127.50-140.00     133.70
    8    451-455    453    140.00-150.00     146.86
    4    517-530    520    132.00-140.00     137.96
    2    745-745    745       109.00         109.00

Feeder Bulls                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1    295-295    295       167.50         167.50
    3    381-381    381       172.00         172.00
    2    415-425    420    150.00-162.50     156.32
    2    475-480    478       150.00         150.00
    4    503-535    519    157.50-160.00     158.79
    2    555-570    563    139.00-152.50     145.66
    2    662-662    662       116.00         116.00
                             Medium and Large 2
    1    395-395    395       158.00         158.00
    3    405-420    412    140.00-145.00     142.34
    9    460-474    472    152.50-165.00     163.65
    1    520-520    520       144.00         144.00
    4    568-585    572       130.00         130.00

Bred Cows                  Medium and Large 1 - 2 Young
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1    840-840    840       735.00         735.00   Per Head  7-9 Months Bred
                            Medium and Large 1 - 2 Middle Aged
    1    925-925    925       800.00         800.00   Per Head  7-9 Months Bred
                            Medium and Large 1 - 2 Aged
    1   1000-1000  1000       800.00         800.00   Per Head  4-6 Months Bred
    2   1020-1185  1103    925.00-950.00     936.56   Per Head  7-9 Months Bred

Slaughter Cows                Breaker 70-80% Lean
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1   1390-1390  1390        78.50          78.50   Low Dressing
    5   1510-1705  1573     84.00-87.00       85.00
    2   1570-1720  1645     78.00-80.00       79.05   Low Dressing
                               Boner 80-85% Lean
    1    890-890    890        81.00          81.00
   16    935-1380  1220     82.00-89.00       85.30
    1   1360-1360  1360        90.00          90.00   High Dressing
    9    935-1280  1088     74.50-79.00       76.89   Low Dressing
   13   1400-1785  1505     82.00-88.50       86.10
    1   1435-1435  1435        91.00          91.00   High Dressing
                                Lean 85-90% Lean
    4    950-1105  1048     65.00-75.00       72.34
    1   1370-1370  1370        83.00          83.00   High Dressing

Slaughter Bulls                Yield Grade 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2   1165-1165  1165     93.00-97.00       95.00
    1   1380-1380  1380       107.00         107.00   High Dressing
    1   2445-2445  2445        96.00          96.00
    3   1575-1760  1643    101.00-104.00     102.87   High Dressing


Baby Calves Returned to Farm, # head 1

  Newborn to 4 wks          225.00

Bulls, By the head, # head  22

 800-1000 lbs               1000.00-1650.00
 1000 and up                935.00-1300.00

Cow Calf Pairs, # head  21

 ages 2-8                   calf 250 lb or less       calf over 250 lb

                            1135.00-1485.00           1250.00-1600.00
 ages 8 & up                1360.00-1500.00           1325.00-1450.00

Slaughter Hogs and pigs
 Barrows and gilts, U.S. 1-3, # head 2

  250-300 lbs              50.00
  300 & up                 43.00

 Feeder Pigs,              55.00-100.00

Slaughter and Feeder Lambs

  Feeders  # hd  4

  90-125 lbs              125.00
  75-90                   190.00

 ewe receipts  2          79.00-82.50

Goats, # head 10

                          selection 1           selection 2         selection 3
       kids unders 20 lb                        27.50
         20 -40 lb                              37.50
       sl big billies     150.00 
       sl sm billies                            77.50               45.00-65.00
       sl sm nannies                            85.00               42.50-60.00

Jackson Co Regional Livestock Mkt, Ripley, WV
Weighted Average Report for Saturday April 21, 2012

Cattle Receipts:  240

Slaughter cows made up 17% of the offering, slaughter bulls 3%,
replacement cows 16%, and feeders 65%.

The feeder supply included 25% steers, 48% heifers, and 26% 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    305-305    305       180.00         180.00
    1    385-385    385       175.00         175.00
    2    417-417    417       169.00         169.00
    2    485-495    490    163.00-170.00     166.54
    1    480-480    480       135.00         135.00   RWF
   10    522-536    528    150.00-176.00     161.44
    7    591-592    592    150.00-161.00     154.71
    4    570-572    571    144.00-160.00     151.99   Red
    1    635-635    635       128.00         128.00   RWF
    1    755-755    755       121.00         121.00   Red
    3    835-835    835       128.00         128.00
                             Medium and Large 2
    4    472-472    472       133.00         133.00
    1    580-580    580       147.00         147.00   Smoke
    1    845-845    845       121.00         121.00

Feeder Heifers                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3    260-270    267    142.50-165.00     153.18
    1    290-290    290       152.50         152.50   Smoke
    1    345-345    345       152.00         152.00   Red
    1    380-380    380       150.00         150.00
    5    400-445    426    138.00-162.00     153.52
    2    405-405    405       156.00         156.00   Smoke
   23    460-495    476    130.00-160.00     156.14
    1    480-480    480       148.00         148.00   Smoke
    6    500-525    507    145.00-153.50     150.72
    1    500-500    500       138.00         138.00   RWF
    1    500-500    500       154.00         154.00   Smoke
   10    552-590    562    140.00-164.00     151.49
    1    600-600    600       135.00         135.00
    2    615-615    615       120.00         120.00   RWF
    2    610-610    610       147.00         147.00   Smoke
    1    690-690    690       120.00         120.00
    2    660-680    670    120.00-125.00     122.46   Red
    1    775-775    775        97.00          97.00
    1    900-900    900        84.00          84.00
    1   1005-1005  1005        91.00          91.00
                             Small 1
    1    585-585    585        75.00          75.00
                             Medium and Large 2
    2    360-370    365    126.00-150.00     138.16
    2    405-445    425    125.00-138.00     131.81
    1    425-425    425       116.00         116.00   Red
    1    460-460    460       150.00         150.00
    1    480-480    480       119.00         119.00   Red
    1    510-510    510       135.00         135.00

Feeder Bulls                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1    345-345    345       182.00         182.00
    2    407-407    407       185.00         185.00
    1    430-430    430       156.00         156.00   Red
    1    460-460    460       152.00         152.00
    2    460-465    463    155.00-157.50     156.26   Red
    1    455-455    455       149.00         149.00   Smoke
    9    500-548    525    153.00-169.00     160.79
    2    502-502    502       161.00         161.00   Smoke
    6    555-577    569    155.00-167.00     161.15
    2    578-578    578       159.00         159.00   Smoke
    2    625-625    625       145.00         145.00
    6    655-695    664    130.00-144.00     140.72
    1    765-765    765       111.00         111.00
    1    800-800    800       126.00         126.00
                             Medium and Large 2
    4    410-438    431    157.00-161.00     160.05

Bred Cows                  Medium and Large 1 - 2 Young
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3    720-725    722    400.00-750.00     632.79   Per Head  1-3 Months Bred
    1   1030-1030  1030   999.00-1100.00    1100.00   Per Head  1-3 Months Bred
    7    761-850    805   850.00-1000.00     910.74   Per Head  4-6 Months Bred
    4    900-985    936   925.00-1200.00    1051.16   Per Head  4-6 Months Bred
    3    975-1070  1030   875.00-1200.00    1040.13   Per Head  7-9 Months Bred
                            Medium and Large 1 - 2 Middle Aged
    3   1265-1430  1367   999.00-1100.00    1058.87   Per Head  1-3 Months Bred
    1    895-895    895       700.00         700.00   Per Head  4-6 Months Bred
    6   1040-1160  1091   850.00-1125.00     932.90   Per Head  4-6 Months Bred
    1    980-980    980       700.00         700.00   Per Head  7-9 Months Bred
    1   1215-1215  1215       885.00         885.00   Per Head  7-9 Months Bred
                            Medium and Large 1 - 2 Aged
    1    840-840    840       600.00         600.00   Per Head  4-6 Months Bred
    3   1040-1175  1107    760.00-875.00     830.66   Per Head  4-6 Months Bred
    1    785-785    785       675.00         675.00   Per Head  7-9 Months Bred
    1   1055-1055  1055       850.00         850.00   Per Head  7-9 Months Bred
    2   1285-1445  1365   935.00-1125.00    1035.57   Per Head  7-9 Months Bred

Slaughter Cows                Breaker 70-80% Lean
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    7   1160-1355  1271     78.50-85.00       82.43   High Dressing
    1   1690-1690  1690        80.00          80.00   High Dressing
                               Boner 80-85% Lean
    3    740-895    815     73.00-75.00       74.10
    3    655-855    730     58.00-70.00       65.10   Low Dressing
   13    920-1365  1067     70.00-90.00       79.55
    6    910-1315  1068     79.00-84.00       81.51   High Dressing
    5    900-1150  1001     63.00-79.00       69.71   Low Dressing
    3   1420-1455  1438     80.50-84.00       82.16   High Dressing

Slaughter Bulls                Yield Grade 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    1   1110-1110  1110        92.00          92.00
    1   1140-1140  1140       100.00         100.00   High Dressing
    4   1705-2415  2115     96.00-99.00       97.40   High Dressing

Cow Calf Pairs
 Head
   39   850.00-1550.00

Baby Calves
 Head
    11  20.00-325.00

Head Bulls
 Head
    3   1200.00-1600.00

Fat Cattle
 Head
   10   114.00-124.00

Lambs
 Head
    8   60-90#   202.00-250.00
        90# & up 178.00

Market Hogs
 Head
    1  58.00

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