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

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



