Missouri Statewide Combined Feeder Cattle Wtd Avg
JC_LS795
Jefferson City, MO    Fri May 19, 2017    MO Dept of Ag/USDA Market News

Missouri Weekly Weighted Average Feeder Cattle Report � Week Ending 5-20-17

Receipts:  34,593    Last Week:  42,679    Last Year:  29,329            

   Compared to last week, feeder steers and heifers sold steady to 5.00 lower. 
Several local auctions this week quoted some calves a solid 10.00 lower with 
spots of 15.00 at the same time a few others had calf markets which were 5.00 
to 10.00 higher. Needless to say there is a lot of forces pulling the markets 
at both in currently. The supply of feeders was moderate this week and demand 
remains good.  Feedlots continue to try to keep new cattle moving in to prevent 
any empty pin space. Slaughter weights showed another huge drop in the report 
released this week (although two week old data) average dressed carcass weights 
fell to 832 lbs. Packers have been trying everything to try to regain some 
profit margins, but it keeps taking more and more head of cattle to equal the 
same amount of product due to the continuing decline of carcass weights. This 
has allowed feedlots to have a pretty firm grip on the market for quite a while. 
A huge increase in the premium beef cuts this week however might be enough to 
stutter some demand though. Some of those cuts reached near or record highs 
which is somewhat odd given prices in the feedlot or auction barns are a long 
ways from records. Some justification however could come from the fact that the 
cattle leaving the feedlots don�t have near the number of days on feed as is 
typical so theoretically one would not expect the amount of high of quality cuts 
to be as abundant either. Several reporters this week noted the amount of calves 
coming to town fresh of their momma as producers try to cash in on what is still 
a pretty high market even if prices have lost some ground the past couple of 
weeks.  That being said not all producers found lower prices. A load of 714 lb 
steers in Unionville reached 171.50 before only one bidder was left. Green City 
saw a gooseneck load of light five weights at 198.00 when bidding quit. Several 
other groups of 5 weights climbed into the mid 190.00�s at Green City as well as 
a few other barns this week. Feedlot sales reported so far this week for live 
sales mostly from 133.00-135.75 which includes sales from the fed cattle 
exchange. Some dressed sales were reported at 212.00.  


                     Feeder Steers Medium and Large 1                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         19   265-298      284    170.00-219.00     197.91                

         51   310-348      332    176.00-230.00     203.04                
        144   350-395      375    162.00-223.00     198.08                

        283   400-449      424    160.00-212.00     190.72                
        406   450-499      479    162.00-208.00     185.60                
         21   453-490      476    172.50-176.50     174.42 Fleshy         

        785   500-548      525    155.00-198.00     181.96                
         22   502-530      518    163.00-183.00     170.45 Fleshy         
        584   550-598      572    154.00-186.00     172.76                
         38   553-584      566    158.50-170.00     160.54 Fleshy         
         22   552-565      554    184.00-189.00     184.70 Thin Fleshed   

        576   600-647      622    140.00-179.00     165.73                
         53   603-649      624    140.75-159.00     147.70 Calves         
         12   635-643      640    155.00-160.00     156.65 Fleshy         
        307   650-698      675    135.00-176.75     162.50                
         37   657-686      672    140.25-154.50     149.66 Calves         
         40   650-691      674    140.00-154.00     149.07 Fleshy         

        219   700-735      713    142.00-171.50     161.36                
         10     726        726       142.25         142.25 Fleshy         
        119   755-799      770    140.00-151.25     148.47                

         52   800-840      804    135.00-147.00     142.74                
         10     804        804       135.00         135.00 Fleshy         
        282   850-885      870    132.00-147.85     145.76                

         18   923-930      929    120.00-133.00     130.85                

                          Feeder Steers Large 1                           
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         21   472-498      485    161.00-183.00     173.94                
         19   518-535      523    161.00-174.00     168.57                
         23   552-598      583    153.50-161.00     159.41                

                         Feeder Steers Large 1-2                          
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         10   404-418      411    154.00-169.50     161.88                
         19   479-490      481    165.00-170.00     168.93                
         13   752-781      773    140.00-143.50     141.21                

                    Feeder Steers Medium and Large 1-2                    
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         60   300-349      327    150.00-225.00     194.25                
         81   350-398      381    145.00-211.00     183.27                
        112   400-448      427    135.00-198.00     181.38                
        266   450-498      475    143.00-199.00     176.52                
        288   500-548      526    139.00-184.00     172.38                
        251   550-597      577    141.00-178.00     164.23                
         10   580-591      588    140.00-156.00     151.26 Fleshy         
        179   600-648      623    135.50-169.25     161.40                
         20   609-643      616    148.00-150.00     148.42 Calves         
         10     608        608       168.00         168.00 Thin Fleshed   
        101   652-694      675    128.00-160.00     151.03                
        164   700-743      726    145.75-157.50     154.68                
         10   707-725      714    143.00-153.50     147.26 Fleshy         
         37     710        710       163.75         163.75 Thin Fleshed   
         88   753-796      769    128.00-144.75     141.74                
         67   805-837      833    133.50-141.25     140.50                
         85   851-888      879    130.00-139.00     138.12                
         83   912-940      919    130.50-138.00     135.73                

                     Feeder Steers Medium and Large 2                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         20   478-496      489    150.00-164.00     153.54                
         15   510-546      524    150.50-160.00     154.84                
         23   561-577      572    150.50-153.50     152.50                
         51     629        629    155.25-158.00     157.78                
         10   667-672      670    149.00-154.00     151.51                
         11   710-722      715    132.50-151.50     142.78                
         10     967        967       123.75         123.75                

                    Feeder Heifers Medium and Large 1                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         18   275-290      284    160.00-184.00     177.08                

         85   300-346      327    155.00-195.00     175.54                
        130   350-399      379    150.00-191.00     169.10                

        479   400-449      427    149.00-179.00     163.62                
         12   405-410      406    167.50-180.50     178.31 Thin Fleshed   
        865   450-499      477    140.00-173.75     158.37                

       1000   500-549      527    134.00-164.50     152.65                
         23   526-546      534    141.00-150.25     148.06 Fleshy         
        797   550-599      576    135.00-168.50     150.28                
         11   550-578      567    137.00-149.50     141.97 Fleshy         

        289   600-648      623    127.00-168.25     147.35                
         93   601-645      629    135.00-141.00     139.12 Calves         
         14   610-617      615    135.25-138.75     136.49 Fleshy         
        141   651-697      674    128.00-148.00     138.12                
         38     683        683       149.75         149.75 Thin Fleshed   

        126   705-742      721    124.00-144.25     136.87                
         10   766-790      770    118.00-135.00     129.25                

        113   817-842      839    125.00-131.10     130.61                
         37   843-846      845       140.00         140.00 Replacement    
         11   860-894      888    120.00-124.10     122.85                

                   Feeder Heifers Medium and Large 1-2                    
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         15   250-295      280    141.00-189.00     174.90                
         81   300-348      333    130.00-184.50     167.87                
        143   350-398      374    140.00-179.00     162.45                
        279   400-448      424    125.00-169.00     153.65                
        271   450-498      475    125.00-160.00     148.64                
        343   500-549      528    125.00-164.50     147.70                
        332   550-598      575    125.00-155.50     144.52                
        122   603-648      618    125.00-150.00     140.82                
         10   618-630      622    131.00-134.00     132.49 Calves         
        168   653-695      670    120.00-144.75     136.93                
        119   701-744      725    130.00-142.35     137.75                
         79   704-706      704    146.50-146.75     146.73 Thin Fleshed   
         40   752-798      768    122.50-134.00     130.42                
         89   803-848      838    126.00-132.00     128.81                

                        Feeder Heifers Medium 1-2                         
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         14   470-484      478    136.00-153.00     144.11                

                         Feeder Heifers Medium 2                          
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         10     494        494       128.00         128.00                

                    Feeder Heifers Medium and Large 2                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         25   353-393      375    148.00-162.00     158.52                
         10   472-495      477    136.00-147.50     141.75                
         10   550-569      563    125.50-138.00     130.90                
         10     700        700       137.00         137.00                

                     Feeder Bulls Medium and Large 1                      
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         19   382-399      393    175.00-187.00     178.67                
         44   400-445      426    150.00-184.00     170.49                
         66   450-498      466    149.00-178.00     162.41                
         47   500-545      528    138.00-161.00     150.81                
         67   555-596      573    132.00-158.00     146.48                
         44   600-642      619    128.00-142.00     136.65                
         15   620-632      627    136.00-143.00     138.82 Calves         
         14   655-698      670    125.00-146.00     132.00                

                    Feeder Bulls Medium and Large 1-2                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         20   305-345      332    166.00-212.00     186.02                
         70   407-444      424    145.00-184.00     168.19                
         83   450-495      478    125.00-173.50     157.93                
        181   503-547      531    125.00-170.00     154.15                
         75   550-598      573    121.00-156.00     144.40                
         69   600-649      615    124.00-150.00     138.08                
         31   608-646      641    132.00-140.00     139.02 Calves         
         24   655-695      668    123.00-147.50     135.70                
         13   700-747      723    121.00-135.50     127.09                
         12   750-783      772    126.00-129.00     127.69                
         21   802-839      820    115.50-130.50     125.55                

Source:  MO Dept of Ag/USDA Market News Service,
         Tony Hancock, Market Reporter, 573-751-5618
         24 Hour Market Report 573-522-9244
         www.ams.usda.gov/mnreports/JC_LS795.txt