NATIONAL and Local FEEDER & STOCKER CATTLE SUMMARY - WEEK ENDING 05.04.2012
RECEIPTS: Auctions Direct Video/Internet Total This Week 168,400 25,500 25,500 219,400 Last Week 161,800 34,400 45,300 241,500 Last Year 197,100 38,100 26,800 262,000
Compared to last week, feeder cattle sold with very uneven trade this week, with varying trends depending on what part of the week sales occurred, location and quality of feeder cattle.
The two larger auctions first of the week in Oklahoma City and Joplin sold calves mostly 2.00-5.00 lower, with many auctions following the same trend.
In some cases we have markets that saw a wide spectrum of prices as throughout the Plain States saw trading steady to 3.00 higher, especially noted in the reported Kansas auctions.
In the Southeastern calf markets most auctions were steady to 4.00 lower.
Marketing’s for feeder cattle are slowing down and in many cases calf orders are spotty with many preferring steers over heifers.
Quality of feeder cattle coming into the auctions is very uneven with many carrying flesh and many plainer type cattle in the offering.
The higher quality calves with a vaccination program are still being readily absorbed with good demand.
Last week’s sharp losses on the CME that were brought on by the BSE cow found in California were reclaimed on Thursday of this week as live and feeder cattle futures closed with near limit gains.
This week’s USDA’s export sales report showed net sales of US beef up 9% from the previous week, 8% below the previous 4 week average and 2% more than this time a year ago at 16,800 mt which had to be reassuring to the markets for buyers of US beef going to foreign markets.
We are now into May which is the best part of the year for meat sales.
We need the consumer to be able to continue to purchase meat but demand is only as good as the amount that will be consumed by the current purchasing power of the consumer.
Boxed beef cutouts are holding their ground as movement remains light trading at the 190.00 level on choice product as the cutout moved back to this level last week for the first time since March.
Direct slaughter cattle trade occurred Friday afternoon with live prices in Kansas steady at 120.00, Texas 1.00 higher than last week trading at 120.00 and Nebraska trading dressed sales steady at mostly 194.00, with a few regional sales at 195.00.
Corn planting across the Midwest continued at a brisk pace with some planting being interrupted by rain.
USDA’s Crop Progress report showed that 53% of the corn acres had been planted.
This figure is the second highest on record next to 2010’s 68%.
All of the eighteen states that are used in the report are all ahead for the 5-year average at this point.
Most notable being Illinois at 79% planted, Indiana at 70% and Ohio at 57% planted.
Soybean planting is getting underway with 12% reported planted which is also well ahead of previous years.
This week’s reported auction volume included 52% over 600 lbs. and 44% heifers.
Auction Receipts: 168,400 Last Week: 161,800 Last Year: 197,100
Buckhannon Stockyards, Buckhannon, WV
Weighted Average Report for Wednesday May 02, 2012
Cattle Receipts: 65 Slaughter cows made up 31% of the offering, replacement cows 20%, and feeders 49%. The feeder supply included 28% steers, 34% heifers, and 38% bulls. Near 44% of the run weighed over 600 lbs. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 3 683-683 683 162.00 162.00 2 770-770 770 150.00 150.00 Medium and Large 2 1 275-275 275 165.00 165.00 RWF 1 645-645 645 135.00 135.00 RWF 1 795-795 795 121.00 121.00 Holstein Medium and Large 3 1 485-485 485 105.00 105.00 Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 3 475-475 475 119.00-125.00 121.00 RWF 2 500-510 505 134.00-137.50 135.73 2 532-532 532 115.00 115.00 RWF 1 720-720 720 119.00 119.00 2 708-708 708 105.00 105.00 RWF 1 880-880 880 93.00 93.00 Feeder Bulls Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 1 315-315 315 147.50 147.50 2 375-390 383 135.00-145.00 140.10 1 410-410 410 122.50 122.50 RWF 1 410-410 410 142.50 142.50 Exotic 1 510-510 510 142.00 142.00 RWF 1 580-580 580 137.50 137.50 1 570-570 570 138.00 138.00 Exotic 3 610-630 623 135.00-136.00 135.67 Medium and Large 2 1 310-310 310 165.00 165.00 Bred Cows Medium and Large 1 - 2 Young Head Wt Range Avg Wt Price Range Avg Price 2 850-850 850 750.00 750.00 Per Head 4-6 Months Bred 1 1020-1020 1020 999.00-1000.00 1000.00 Per Head 4-6 Months Bred 2 920-950 935 750.00-800.00 775.40 Per Head 7-9 Months Bred 1 1220-1220 1220 999.00-1100.00 1100.00 Per Head 7-9 Months Bred Medium and Large 1 - 2 Middle Aged 2 1170-1180 1175 960.00-1000.00 980.09 Per Head 4-6 Months Bred 3 1220-1290 1253 999.00-1130.00 1077.05 Per Head 4-6 Months Bred 1 1030-1030 1030 980.00 980.00 Per Head 7-9 Months Bred Medium and Large 2 Young 1 860-860 860 710.00 710.00 Per Head 4-6 Months Bred Slaughter Cows Breaker 70-80% Lean Head Wt Range Avg Wt Price Range Avg Price 1 1160-1160 1160 72.00 72.00 Low Dressing Boner 80-85% Lean 5 1115-1370 1279 81.50-88.00 84.91 2 1060-1105 1083 94.00 94.00 High Dressing 6 1065-1390 1238 71.00-78.00 75.21 Low Dressing 2 1525-1665 1595 83.75-86.75 85.32 Lean 85-90% Lean 2 1045-1190 1118 64.50-73.00 69.03 1 860-860 860 79.00 79.00 High Dressing 1 1425-1425 1425 72.50 72.50 Baby Calves returned to farm, # head 4 beef dairy newborn to 4 wks 90.00-155.00 45.00 Bulls By the head, # head 3 1000 lb and up 1000.00 under 1000 740.00-950.00 cow calf Pairs, # head 3 ages 2-8 calf under 250 lb 1000.00-1200.00
Weston Livestock, Weston, WV
Weighted Average Report for Saturday April 28, 2012
Cattle Receipts: 170 Slaughter cows made up 36% of the offering, slaughter bulls 4%, replacement cows 2%, and feeders 59%. The feeder supply included 36% steers, 39% heifers, and 25% 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 2 325-340 333 160.00-162.50 161.22 2 365-390 378 145.00-147.00 145.97 3 453-495 467 155.00-160.00 158.23 1 545-545 545 124.00 124.00 1 555-555 555 154.00 154.00 1 575-575 575 123.00 123.00 Yearlings 3 647-647 647 155.00 155.00 3 675-690 680 121.00-129.00 123.71 1 790-790 790 119.00 119.00 1 1160-1160 1160 86.00 86.00 Medium and Large 2 3 220-230 225 120.00 120.00 2 330-335 333 140.00-147.50 143.72 1 550-550 550 121.00 121.00 Holstein Medium and Large 3 2 578-578 578 83.00 83.00 Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 4 371-371 371 151.00 151.00 2 425-425 425 142.50-147.50 145.00 6 455-490 476 140.00-150.00 144.12 4 512-540 525 136.00-142.50 139.62 4 655-675 666 122.00-132.00 129.28 Medium and Large 2 1 245-245 245 118.00 118.00 1 330-330 330 135.00 135.00 1 380-380 380 140.00 140.00 2 400-440 420 131.00-132.50 131.71 2 470-490 480 120.00 120.00 1 550-550 550 120.00 120.00 Feeder Bulls Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 3 465-495 483 124.00-152.50 133.48 4 525-540 536 139.00-150.00 141.69 1 580-580 580 137.00 137.00 2 730-730 730 127.00 127.00 2 800-830 815 98.00-100.00 98.98 2 955-970 963 98.00 98.00 Medium and Large 2 1 310-310 310 146.00 146.00 1 415-415 415 133.00 133.00 2 535-535 535 120.00-131.00 125.50 Bred Cows Medium and Large 1 - 2 Young Head Wt Range Avg Wt Price Range Avg Price 1 600-600 600 410.00 410.00 Per Head 7-9 Months Bred Medium and Large 1 - 2 Middle Aged 1 1255-1255 1255 840.00 840.00 Per Head 4-6 Months Bred Slaughter Cows Breaker 70-80% Lean Head Wt Range Avg Wt Price Range Avg Price 2 1455-1510 1483 81.50-83.00 82.24 Boner 80-85% Lean 1 815-815 815 84.00 84.00 1 875-875 875 90.00 90.00 High Dressing 24 925-1385 1189 75.00-87.00 82.44 4 960-1385 1184 89.00-94.00 90.51 High Dressing 2 950-970 960 65.00-72.00 68.46 Low Dressing 5 1410-1575 1471 77.50-86.00 81.79 1 1400-1400 1400 91.50 91.50 High Dressing Lean 85-90% Lean 4 1080-1115 1098 74.00-78.00 76.49 Slaughter Bulls Yield Grade 1-2 Head Wt Range Avg Wt Price Range Avg Price 1 1245-1245 1245 88.50 88.50 3 1510-2325 2022 86.50-94.00 91.77 1 1690-1690 1690 100.00 100.00 High Dressing Baby Calves Returned to farm, 1 beef 100-150 lbs 290.00 Bulls by the head, # head 3 800-1000 lbs 1050.00 1000 & up 1300.00-1500.00 Cow Calf Pairs, # head 6 Ages 2-8 calf 250 lb or less calf over 250 L&M 1 1010.00-1350.00 1400.00 L&M 2 900.00-910.00 Slaughter and Feeder Lambs Slaughters Choice and Prime, # head 1 Y.G.-2, few 3’s 100-125 lbs 135.00 Ewe Receipts Slaughter ewes, # head 2 Thin Fleshy 82.50-83.00 Goats, # head 11 selection 1 selection 2 selection 3 kids under 20 lb 45.00 22.50-27.50 20-40 30.00-40.00 sl yearlings 80.00-90.00 sl sm billies 57.50-67.50 40.00 sl sm nannies 60.00
Jackson County Regional Livestock Market, Ripley, WV
Weighted Average Report for Saturday April 28, 2012
Cattle Receipts: 178 Slaughter cows made up 8% of the offering, slaughter bulls 3%, replacement cows 11%, and feeders 77%. The feeder supply included 22% steers, 48% heifers, and 29% 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 4 282-282 282 181.00 181.00 1 340-340 340 170.00 170.00 3 365-385 375 171.00-175.00 173.34 1 380-380 380 122.00 122.00 RWF 3 417-435 423 168.00-170.00 169.31 1 435-435 435 131.00 131.00 Red 7 466-490 476 162.00-170.00 165.53 1 520-520 520 176.00 176.00 1 570-570 570 173.00 173.00 2 795-795 795 124.00-137.00 130.50 1 770-770 770 111.00 111.00 Red 1 855-855 855 104.00 104.00 Black 1 910-910 910 123.00 123.00 1 1140-1140 1140 94.00 94.00 Medium and Large 2 1 985-985 985 89.00 89.00 Holstein Medium and Large 2 1 300-300 300 102.00 102.00 4 505-505 505 103.00 103.00 2 565-590 578 80.00-127.00 104.01 3 601-601 601 86.00 86.00 1 1135-1135 1135 82.00 82.00 Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 3 227-240 231 167.50-171.00 169.79 2 262-262 262 166.00 166.00 6 300-330 312 156.00-164.00 160.41 1 335-335 335 158.00 158.00 Smoke 10 350-387 367 142.50-165.00 153.13 1 365-365 365 160.00 160.00 Red 3 398-398 398 132.00 132.00 RWF 1 375-375 375 152.50 152.50 Smoke 12 420-447 435 151.00-159.00 152.72 2 400-405 403 152.00-159.00 155.48 Smoke 14 455-473 459 145.00-155.00 152.79 1 495-495 495 170.00 170.00 Smoke 2 500-540 520 141.00-155.00 147.73 1 530-530 530 148.00 148.00 Smoke 9 550-585 568 139.00-160.00 151.48 2 555-585 570 140.00 140.00 Smoke 2 605-605 605 138.00 138.00 1 630-630 630 143.00 143.00 Smoke 2 710-740 725 120.00-121.00 120.49 1 760-760 760 130.00 130.00 1 755-755 755 115.00 115.00 Fleshy 1 845-845 845 100.00 100.00 1 995-995 995 105.00 105.00 Small 1 3 536-536 536 127.50 127.50 Medium and Large 2 1 415-415 415 143.00 143.00 1 470-470 470 106.00 106.00 1 500-500 500 128.00 128.00 1 595-595 595 120.00 120.00 Feeder Bulls Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 1 215-215 215 152.50 152.50 RWF 1 295-295 295 170.00 170.00 4 305-330 311 166.00-175.00 172.61 1 330-330 330 137.50 137.50 RWF 1 360-360 360 162.50 162.50 Smoke 5 446-446 446 164.00 164.00 1 440-440 440 122.00 122.00 RWF 1 435-435 435 162.00 162.00 Smoke 7 455-490 465 149.00-162.00 159.89 1 490-490 490 151.00 151.00 Smoke 10 514-548 530 163.00-173.00 168.15 3 555-592 580 148.00-174.00 156.30 3 620-635 625 142.00-150.00 145.04 1 645-645 645 123.00 123.00 Red 1 695-695 695 131.00 131.00 1 680-680 680 124.00 124.00 Red 1 685-685 685 146.00 146.00 Smoke 2 740-745 743 110.00-129.00 119.53 1 900-900 900 100.00 100.00 Red Small 1 1 540-540 540 145.00 145.00 Medium and Large 1 - 2 1 530-530 530 151.00 151.00 Medium and Large 2 1 465-465 465 140.00 140.00 1 535-535 535 137.00 137.00 1 590-590 590 148.00 148.00 1 640-640 640 127.00 127.00 Bred Cows Medium and Large 1 - 2 Young Head Wt Range Avg Wt Price Range Avg Price 1 1080-1080 1080 999.00-1050.00 1050.00 Per Head 1-3 Months Bred 6 920-1195 1063 885.00-1125.00 1020.30 Per Head 4-6 Months Bred 1 1215-1215 1215 999.00-1050.00 1050.00 Per Head 4-6 Months Bred 3 881-881 881 999.00-1250.00 1250.00 Per Head 7-9 Months Bred 1 1055-1055 1055 950.00 950.00 Per Head 7-9 Months Bred Medium and Large 1 - 2 Middle Aged 2 945-950 948 675.00-750.00 712.60 Per Head 1-3 Months Bred 2 920-1045 983 725.00-975.00 857.95 Per Head 4-6 Months Bred 2 1415-1480 1448 999.00-1125.00 1063.90 Per Head 4-6 Months Bred 4 1005-1140 1073 750.00-1005.00 928.39 Per Head 7-9 Months Bred Medium and Large 1 - 2 Aged 1 1255-1255 1255 875.00 875.00 Per Head 1-3 Months Bred 1 925-925 925 725.00 725.00 Per Head 4-6 Months Bred 1 775-775 775 775.00 775.00 Per Head 7-9 Months Bred Slaughter Cows Breaker 70-80% Lean Head Wt Range Avg Wt Price Range Avg Price 5 1050-1320 1157 82.00-94.00 86.29 High Dressing 2 1490-1600 1545 84.00 84.00 High Dressing Boner 80-85% Lean 1 855-855 855 77.00 77.00 1 885-885 885 85.00 85.00 High Dressing 3 660-830 772 50.00-67.00 60.19 Low Dressing 1 1280-1280 1280 79.00 79.00 5 1070-1275 1171 80.00-90.00 84.49 High Dressing 1 920-920 920 73.00 73.00 Low 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 1375-1375 1375 95.00 95.00 High Dressing 6 1580-1820 1712 96.00-104.00 99.28 High Dressing Cow Calf Pairs Head 18 875.00-1535.00 Stock Bulls Head 1 1300.00 Baby Calves Head 8 40.00-240.00 Market Hogs Head 4 48.00-56.00 Sows Head 2 34.00-48.00 Ewes Head 78.00-90.00 Lambs Head 6 80lbs 200.00 2 110lbs 175.00
