Gilmer Free Press
NATIONAL and Local FEEDER & STOCKER CATTLE SUMMARY - WEEK ENDING 05.25.2012
RECEIPTS: Auctions Direct Video/Internet Total This Week 187,100 57,200 41,200 285,500 Last Week 164,700 46,200 3,000 213,900 Last Year 149,800 19,200 32,600 201,600
Compared to last week, offerings of calves and yearling feeder cattle sold steady to 3.00 higher, with several auctions reporting calves and yearlings selling 5.00-6.00 higher.
In the south feeder cattle traded mostly steady to 2.00 higher.
Demand remains good for feeders, best on yearlings although the Board this week overall failed to respond to the bullish Cattle on Feed Report last week.
Direct feeder cattle trade in Texas and Kansas was 2.00-5.00 higher.
On Wednesday in Bassett, NE 174 head of steers weighing 930 lbs. sold for 144.25, and 184 head of steers with a weighted average weight of 857 lbs. sold with weighted average price of 151.67.
As we go through the summer months we would expect lower numbers and replacements to continue.
The USDA Livestock & Grain Market News office in Dodge City, Kansas noted that temperatures reached 100 degrees this week with very windy and dry conditions.
If the dry conditions continue over the next couple of weeks they will see cattle moving early off grass to the auctions.
The western two-thirds of Texas remains dry but are not in nearly as bad of shape as they were last year, with most of Oklahoma now out of drought conditions with improvement continuing through the region as wheat harvest is starting.
Other areas such as eastern Wyoming and western Nebraska are dry as well as the Southeast.
Through the Midwest corn planting is virtually finished with 96 percent reported planted, that is a record level this time of the year.
This is compared to 79% last year and a 5-year average of 81%.
76% of the corn acres have emerged as of Monday’s progress report with 77% shows the crop in good to excellent condition.
The early planting and excellent early reported conditions had the corn market this week sharply lower, as rain is also predicted for next week.
Outside markets this week also pressured the corn market as the stock market had sharp losses early in the week, crude oil on Wednesday closed below 90.00 a barrel for the first time since October, and the on-going concerns over the EU debt crisis gave jitters to the market participants with Greece possibly leaving the Eurozone.
Fed cattle trade developed on Wednesday with Kansas and Texas trading live prices at 121.00, which were 2.00 lower than last week.
Nebraska on Thursday had live sales 2.00 lower ranging from 121.00 to mostly 123.00 and dressed sales steady to 2.00 lower at 193.00-195.00.
We are currently in the best time of the year for meat sales as we head into the Memorial Day Weekend.
While grilling season is here hopefully this Holiday weekend will see some aggressive meat features and move a lot of product to clean up inventories.
This week’s Cold Storage report showed beef stocks 3% higher than last month and 16.8% larger than last year with 517.5 million pounds.
Here’s hoping everyone has a safe and happy Memorial Day weekend and want to say “Thank You” to our service men and women past and present for their service to our country and the price that has been paid for our freedom and the freedom of millions throughout the world.
This week’s reported auction volume included 76% over 600 lbs. and 45% heifers.
Auction Receipts: 187,100 Last Week: 164,700 Last Year: 149,800
Buckhannon Stockyards, Buckhannon, WV
Weighted Average Report for Wednesday May 23, 2012
Cattle Receipts: 36 Slaughter cows made up 8% of the offering, slaughter bulls 6%, replacement cows 17%, other cows 6%, and feeders 64%. The feeder supply included 48% steers, 48% heifers, and 4% bulls. Near 9% of the run weighed over 600 lbs. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 2 530-530 530 145.00 145.00 4 555-555 555 150.00 150.00 Medium and Large 2 1 450-450 450 142.00 142.00 2 515-515 515 140.00 140.00 Holstein Medium and Large 3 2 495-495 495 110.00 110.00 Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 2 618-618 618 131.00 131.00 Medium and Large 2 3 435-435 435 145.00 145.00 RWF 4 450-458 454 14.00-145.00 78.92 2 500-500 500 141.00 141.00 Feeder Bulls Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price 1 325-325 325 167.50 167.50 Bred Cows Medium and Large 1 - 2 Young Head Wt Range Avg Wt Price Range Avg Price 4 860-890 875 925.00-1075.00 1001.29 Per Head 4-6 Months Bred 2 1070-1070 1070 999.00-1165.00 1165.00 Per Head 4-6 Months Bred Slaughter Cows Boner 80-85% Lean Head Wt Range Avg Wt Price Range Avg Price 2 910-1050 980 95.00-109.00 101.50 High Dressing 1 1030-1030 1030 79.00 79.00 Low Dressing Heiferettes Head Wt Range Avg Wt Price Range Avg Price 2 665-755 710 115.00-119.00 116.87 Per Head Slaughter Bulls Yield Grade 1-2 Head Wt Range Avg Wt Price Range Avg Price 1 980-980 980 100.00 100.00 1 2035-2035 2035 103.50 103.50 Cow Calf Pairs # head 2 Ages 2-8 Calf 250 lb or less L&m 1 1275.00-1400.00
Weston Livestock, Weston, WV
Weighted Average Report for Saturday May 19, 2012
Cattle Receipts: 86 Slaughter cows made up 26% of the offering, slaughter bulls 3%, replacement cows 5%, and feeders 66%. The feeder supply included 30% steers, 56% heifers, and 14% bulls. Near 40% of the run weighed over 600 lbs. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 1 440-440 440 162.50 162.50 2 515-540 528 162.50 162.50 1 585-585 585 165.00 165.00 1 610-610 610 147.50 147.50 2 650-660 655 147.50-150.00 148.74 RWF 1 715-715 715 141.00 141.00 Medium and Large 2 1 290-290 290 150.00 150.00 1 400-400 400 139.00 139.00 RWF 1 500-500 500 140.00 140.00 1 585-585 585 150.00 150.00 5 609-609 609 167.50 167.50 Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 1 240-240 240 152.50 152.50 1 285-285 285 147.50 147.50 4 455-482 469 143.00-150.00 146.40 1 460-460 460 119.00 119.00 RWF 2 575-575 575 137.00 137.00 2 597-597 597 133.00 133.00 RWF 1 605-605 605 132.00 132.00 1 685-685 685 136.00 136.00 2 750-775 763 119.00-120.00 119.51 1 845-845 845 115.00 115.00 RWF 2 915-915 915 107.00 107.00 1 960-960 960 90.00 90.00 Medium and Large 2 1 275-275 275 142.50 142.50 1 260-260 260 125.00 125.00 RWF 1 345-345 345 140.00 140.00 1 345-345 345 135.00 135.00 RWF 1 385-385 385 130.00 130.00 2 455-485 470 129.00-130.00 129.48 1 540-540 540 135.00 135.00 1 520-520 520 135.00 135.00 RWF 1 560-560 560 120.00 120.00 2 620-625 623 126.00-128.00 127.00 1 600-600 600 124.00 124.00 Exotic Feeder Bulls Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 1 410-410 410 145.00 145.00 1 545-545 545 145.00 145.00 1 575-575 575 150.00 150.00 1 605-605 605 131.00 131.00 1 665-665 665 130.00 130.00 1 895-895 895 99.00 99.00 RWF Medium and Large 2 1 510-510 510 130.00 130.00 1 565-565 565 140.00 140.00 Bred Cows Medium and Large 1 - 2 Young Head Wt Range Avg Wt Price Range Avg Price 1 1170-1170 1170 999.00-1475.00 1475.00 Per Head 7-9 Months Bred 2 1200-1200 1200 999.00-1375.00 1375.00 Per Head 7-9 Months Bred Medium and Large 1 - 2 Middle Aged 1 1175-1175 1175 999.00-1025.00 1025.00 Per Head 7-9 Months Bred Slaughter Cows Breaker 70-80% Lean Head Wt Range Avg Wt Price Range Avg Price 1 1595-1595 1595 80.00 80.00 Boner 80-85% Lean 7 1040-1295 1171 80.00-85.50 83.21 6 1065-1395 1198 87.00-92.00 89.57 High Dressing 1 1005-1005 1005 79.50 79.50 Low Dressing 1 1670-1670 1670 80.00 80.00 1 1550-1550 1550 87.50 87.50 High Dressing Lean 85-90% Lean 1 620-620 620 29.00 29.00 Low Dressing 4 1050-1160 1099 70.00-76.00 74.05 Slaughter Bulls Yield Grade 1-2 Head Wt Range Avg Wt Price Range Avg Price 1 1435-1435 1435 107.50 107.50 High Dressing 1 2005-2005 2005 96.50 96.50 1 1745-1745 1745 109.00 109.00 High Dressing Baby calves returned to the farm, # hd 6 beef dairy newborn to 4 wks 110.00 55.00 100-150 lbs 240.00 160.00 150-250 lb 192.50 bulls by the head # hd 1 under 1000 lb 1100.00 cow calf pairs # hd 10 ages 2-8 calf 250 lb or less l&m 1 1175.00-1475.00 l&m 2 1340.00 ages 8 & up l&m 1 1160.00-1325.00 l&m 2 1150.00-1250.00 Slaughter and feeder lambs Feeders # head 10 90-125 lbs 172.50 60-75 lbs 170.00 45-60 lbs 172.50
Jackson County Regional Livestock Market, Ripley, WV
Weighted Average Report for Saturday May 19, 2012
Cattle Receipts: 111 Slaughter cows made up 11% of the offering, slaughter bulls 6%, replacement cows 10%, and feeders 73%. The feeder supply included 37% steers, 32% heifers, and 31% 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 1 275-275 275 179.00 179.00 2 365-365 365 175.00 175.00 Smoke 1 475-475 475 162.00 162.00 2 515-515 515 151.00-169.00 160.00 1 500-500 500 155.00 155.00 Red 1 510-510 510 140.00 140.00 RWF 1 610-610 610 151.00 151.00 5 678-678 678 152.00 152.00 2 897-897 897 104.00 104.00 RWF 1 920-920 920 114.00 114.00 Medium and Large 2 1 260-260 260 169.00 169.00 Holstein Medium and Large 2 6 260-287 283 134.00-137.00 134.46 2 360-395 378 126.00-133.00 129.34 1 495-495 495 75.00 75.00 1 515-515 515 89.00 89.00 1 590-590 590 116.00 116.00 1 820-820 820 80.00 80.00 Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 3 325-347 340 154.00-158.00 155.28 2 425-440 433 160.00-167.50 163.69 1 410-410 410 150.00 150.00 Smoke 3 471-471 471 140.00 140.00 1 490-490 490 152.00 152.00 Smoke 7 505-512 510 148.00-154.00 150.57 1 565-565 565 140.00 140.00 4 600-625 606 130.00-134.00 131.98 1 715-715 715 119.00 119.00 RWF Medium and Large 2 1 380-380 380 142.00 142.00 1 535-535 535 130.00 130.00 1 605-605 605 127.50 127.50 RWF Feeder Bulls Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 1 370-370 370 176.00 176.00 10 405-437 415 169.00-195.00 180.41 2 465-470 468 166.00-169.00 167.49 Smoke 1 515-515 515 150.00 150.00 2 580-590 585 140.00-155.00 147.44 1 600-600 600 125.00 125.00 Smoke 1 670-670 670 107.50 107.50 Smoke 1 730-730 730 117.50 117.50 1 1030-1030 1030 100.00 100.00 1 1140-1140 1140 95.00 95.00 Medium and Large 2 1 325-325 325 155.00 155.00 1 390-390 390 135.00 135.00 2 445-445 445 165.00-166.00 165.50 Bred Cows Medium and Large 1 - 2 Young Head Wt Range Avg Wt Price Range Avg Price 2 970-995 983 850.00-1100.00 976.59 Per Head 4-6 Months Bred 1 1085-1085 1085 999.00-1000.00 1000.00 Per Head 7-9 Months Bred 1 1255-1255 1255 999.00-1200.00 1200.00 Per Head 7-9 Months Bred Medium and Large 1 - 2 Middle Aged 1 1125-1125 1125 975.00 975.00 Per Head 1-3 Months Bred 1 1260-1260 1260 999.00-1000.00 1000.00 Per Head 1-3 Months Bred 2 1015-1195 1105 760.00-1000.00 889.77 Per Head 4-6 Months Bred 1 1205-1205 1205 999.00-1050.00 1050.00 Per Head 4-6 Months Bred 1 1140-1140 1140 999.00-1150.00 1150.00 Per Head 7-9 Months Bred Medium and Large 1 - 2 Aged 1 1250-1250 1250 875.00 875.00 Per Head 7-9 Months Bred Slaughter Cows Breaker 70-80% Lean Head Wt Range Avg Wt Price Range Avg Price 3 1360-1380 1370 94.00-96.00 94.66 High Dressing Boner 80-85% Lean 1 750-750 750 79.00 79.00 1 1065-1065 1065 79.50 79.50 7 1125-1365 1209 82.00-95.00 87.46 High Dressing Slaughter Bulls Yield Grade 1-2 Head Wt Range Avg Wt Price Range Avg Price 2 1360-1435 1398 105.00-106.00 105.51 High Dressing 5 1600-2095 1776 104.00-112.00 106.94 High Dressing Hieferettes Head 4 800-1000 90.00-101.00 Cow Calf Pairs Head 8 2-8 year olds new born 1010.00-1450.00 8 year and older new born 950.00-1650.00 Stock Bulls Head 3 1190.00-1765.00 Baby Calves Head 4 New borns dairy 42.50-145.00 Sows Head 2 46-46.50 Lambs Head 4 45lbs 142.50 Goats Head 15 Nannies 65.00-145.00 Billies 90.00-185.00 feeders 45.00-85.00