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National feeder and stocker cattle report

Next week all the major markets will be open for business and will give an indication on trends.

Published on July 6, 2018 1:58PM


NATIONAL FEEDER

AND STOCKER CATTLE

(Federal-State Market News)

St. Joseph, Mo.

July 6

This week Last week 2017 (Hd)

80,300 297,000 109,500

Compared to June 29: There were not enough feeder cattle on offer to establish a trend as the majority of auction barns took the week off in observance of Independence Day with over half of the auction receipts attributed to the drought stricken state of Missouri.

Next week all the major markets will be open for business and will give an indication on trends. In the green hills of north central Missouri at Green City Livestock’s Annual Customer Appreciation Sale last Friday, the heat index moved the mercury high in the thermometer and the bidding was just as hot

as order buyers had to call customers and get higher bids if cattle were going to be procured.

Today at Lexington Livestock Market in Lexington, Neb., over 500 head of top quality weaned, vaccinated and dewormed steers weighing 900-950 lbs sold for a weighted average of 152.45 and a top price paid in that weight category of 154.00.

Fed cattle movement in June was strong as cattle slaughter continues moving along at a pretty good clip averaging 655K for the four full weeks in the month.

Even though boxed beef values have been in a slide for the past month, negotiated cash fed cattle trade was bullish this week as strong packer bids surfaced Friday morning at 112.00 in the Southern Plains. Southern Plains live fed cattle trading sold 5.00 to 6.00 higher at 112.00 to 113.50, while Nebraska dressed sales sold mostly 10.00 to 11.00 higher at 175.00 to 180.00, mostly 180.00.

For the week, Choice cutout closed 3.93 lower at 208.03. while the Select cutout closed 0.14 higher at 198.71. The Choice-Select spread now sets at 9.32 to close the week.

The heat dome that has affected much of the Northern Hemisphere recently with many record temperatures reported in the past 10 days. Moisture is much needed in the heart of the country as 49 percent of the U.S. is now classified as a D0 drought designation or worse.

The May Restaurant Performance Index reported late last week posted a slight decline from the previous month at 101.2. The Creighton University Rural Mainstreet Index climbed above growth neutral in June for a fifth straight month, according to the monthly survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and/or energy. This is the first time since July 2015 the survey has recorded five straight months of overall indices above growth neutral.

Auction volume this week included 54 percent weighing over 600 lbs and 47 percent heifers.

OKLAHOMA 3600. 47 pct over 600 lbs. 42 pct heifers. Steers: Medium and Large 1 350-400 lbs (376) 189.80; 400-450 lbs (423) 182.16; 450-500 lbs (463) 171.48; 500-550 lbs (511) 169.07; 550-600 lbs (558) 164.47; 600-650 lbs (624) 156.92; 650-700 lbs (668) 150.07; 700-750 lbs (714) 150.89; 750-800 lbs (775) 149.52; 800-850 lbs (825) 147.37. Medium and Large 1-2 350-400 lbs (379) 183.24; 400-450 lbs (428) 173.26; 450-500 lbs (481) 161.02; 500-550 lbs (530) 155.62; 550-600 lbs (573) 153.24; 600-650 lbs (635) 138.82; 650-700 lbs (667) 148.97; 800-850 lbs (837) 142.73; 950-1000 lbs (981) 129.35. Heifers: Medium and Large 1 350-400 lbs (379) 160.87; 400-450 lbs (425) 158.33; 450-500 lbs (472) 150.68; 500-550 lbs (529) 149.82; 550-600 lbs (580) 147.53; 600-650 lbs (630) 142.35; 700-750 lbs (712) 134.04; 800-850 lbs (835) 128.90.

Medium and Large 1-2 400-450 lbs (427) 148.36; 450-500 lbs (481) 143.26; 500-550 lbs (533) 138.52; 550-600 lbs (580) 130.50; 600-650 lbs (623) 131.95; 750-800 lbs (789) 131.01.

NEW MEXICO 1200. 38 pct over 600 lbs. 44 pct heifers. There were not enough feeder cattle sales to report.

MISSOURI 8800. 57 pct over 600 lbs. 47 pct heifers. Steers: Medium and Large 1 400-450 lbs (437) 178.69; 450-500 lbs (473) 180.77; 500-550 lbs (522) 176.32; 550-600 lbs (576) 168.65; 600-650 lbs (623) 164.66; 650-700 lbs (674) 160.08; 700-750 lbs (709) 153.08; 750-800 lbs (771) 146.20; 800-850 lbs (826) 146.02; 850-900 lbs (871) 145.73; 900-950 lbs (926) 139.31. Medium and Large 1-2 400-450 lbs (406) 166.81; 450-500 lbs (468) 166.44; 500-550 lbs (534) 156.76; 550-600 lbs (574) 155.99; 700-750 lbs (717) 150.43; few loads 808 lbs 141.37;few loads 870 lbs 138.00;900-950 lbs (909) 135.34. Holstein Steers: Large 3 part load 566 lbs 90.00. Heifers: Medium and Large 1 350-400 lbs (384) 157.74; 400-450 lbs (431) 158.19; 450-500 lbs (470) 153.75; 500-550 lbs (519) 152.44; 550-600 lbs (580) 149.54; 600-650 lbs (620) 148.35; 650-700 lbs (674) 143.06; 700-750 lbs (715) 140.91; 750-800 lbs (775) 136.12; 850-900 lbs (870) 132.83; few loads 935 lbs 124.75. Medium and Large 1-2 300-350 lbs (322) 161.28; 350-400 lbs (393) 152.18; 400-450 lbs (437) 149.04; 450-500 lbs (475) 145.36; 500-550 lbs (523) 144.96; 550-600 lbs (583) 137.76; 650-700 lbs (673) 140.79; few loads 704 lbs 142.75;750-800 lbs (757) 139.65.

SOUTH DAKOTA 1800. 91 pct over 600 lbs. 63 pct heifers. Steers: Medium and Large 1 600-650 lbs (620) 179.98; 650-700 lbs (671) 174.91; few loads 777 lbs 160.00;part load 872 lbs 143.50. Heifers: Medium and Large 1 part load 537 lbs 161.00;600-650 lbs (607) 160.66; 650-700 lbs (677) 156.95; 700-750 lbs (720) 148.14; 900-950 lbs (926) 129.25.

WASHINGTON 700. 26 pct over 600 lbs. 26 pct heifers. There were not enough feeder cattle sales to report.

VIRGINIA 900. 18 pct over 600 lbs. 46 pct heifers. Steers: Medium and Large 1 550-600 lbs (562) 147.51; 600-650 lbs (638) 146.65. Heifers: Medium and Large 1 450-500 lbs (459) 141.45; 500-550 lbs (541) 136.97; 550-600 lbs (555) 126.72.

REPLACEMENTS:

Oklahoma City, OK: Replacement Cows: Medium and Large 1-2 1-3 yr old 900-1150 lb cow 2-7 months bred 800.00-860.00; 5-6 yr old 1175-1375 lb cow 5-7 months bred 850.00-1050.00; pkg 6 yr old 950 lb cow 5 months bred 675.00; pkg 7 yr old 1175 lb cow 7 months bred 1150.00; 7-10 yr old 1200-1250 lb cow 5-8 months bred 735.00-875.00 per head. Pairs: Medium and Large 1-2 pkg 3-5 yr old 1150 lb black cow w/100 lb calf 1650.00; 4-6 yr old 750-1125 lb cow w/75-100 lb calf 900.00-1125.00; pkg 9 yr old 1125 lb thin cow w/100 lb calf 1000.00 per pair.

Torrington, WY: Cow/Calf Pairs: Young 1460 lbs with 250 lb calves at side 2150.00 per head; Middle Aged 1694-1545 lbs with 250-400 lbs calves at side 1800.00-2035.00 per head; Aged 1549-1730 lbs 1500.00-1785.00 per head.

Arkansas- Replacement Cows: Medium and Large 1-2 2-7 year old 850-1250 lbs 2nd-3rd stage 74.00-84.00, 800.00-900.00, first stage/open 69.00-79.00, 7-10 year old 2nd-3rd stage 57.00-67.00/650.00-750.00 per head. Cow-Calf Pairs: Medium and Large 1-2 3-7 yr old 800-1200 lb cow w/100-200 lb calf 975.00-1075.00, some to 1250.00; 200-300 lb calf 1000.00-1100.00; 100-200 lbs calf 875.00-975.00 per pair.

Direct Receipts: 34,300 Last Week 47,400 Last Year 38,200(85 pct over 600 lbs, 44 pct heifers)

TEXAS 11,700. 80 pct over 600 lbs. 35 pct heifers. Steers: Medium and Large 1 FOB Current FOB Current 450 lbs 188.00; 650-685 lbs 160.09; 725-730 lbs 142.94; 750-775 lbs 145.56; 800-810 lbs 143.14; 850 lbs 141.96; Jul-Aug 650 lbs 157.00;775 lbs 148.35; Aug 600-625 lbs 159.80; 650 lbs 158.50; 750 lbs 149.70; Sep 600 lbs 162.60; 700 lbs 158.50; 750 lbs 150.41; 800 lbs 146.00; Oct 750 lbs 148.70; 800 lbs 146.80; Del Current 750 lbs 153.00; 825 lbs 141.00; 950 lbs 135.00. Medium and Large 1-2 FOB Current 570 lbs 158.83 Mex; 675 lbs 145.85; 725 lbs 146.06; 750-775 lbs 137.79; 875-895 lbs 129.26; Aug 750 lbs 142.55; 800 lbs 142.66; Del Current 515 lbs 156.90 Mex; 750-785 lbs 146.85; 805 lbs 145.00. Heifers: Medium and Large 1 FOB Current 560 lbs 153.00; 600 lbs 150.00; 650-700 lbs 143.83; 700-725 lbs 140.61; 800 lbs 133.88; Jul-Aug 700 lbs 145.35; Aug 575 lbs 154.00; 600-625 lbs 146.45; 675 lbs 145.50; 700-725 lbs 144.74; Sep 650-675 lbs 143.48; 700-725 lbs 141.05; 825 lbs 134.00; Oct 700 lbs 141.60; Del Current 725 lbs 140.00. Medium and Large 1-2 FOB Current 745 lbs 128.00; 750 lbs 135.91; Aug 750 lbs 132.93.

OKLAHOMA 1100. 100 pct over 600 lbs. 6 pct heifers. Steers: Medium and Large 1 Current 950 lbs 134.00; Jul 800 lbs 146.82; Sep 800 lbs 145.11. Medium and Large 1-2 Current 615 lbs 162.71; 800-825 lbs 140.92. Heifers: Medium and Large 1 Current 725 lbs 137.00.

NEW MEXICO 700. 100 pct over 600 lbs. 39 pct heifers. Steers: Medium and Large 1 Current 750 lbs 151.00; Aug 750 lbs 151.65. Medium and Large 1-2 Current 625 lbs 144.50 Mex. Heifers: Medium and Large 1 Aug 750 lbs 139.40.

KANSAS 2300. 100 pct over 600 lbs. No heifers. Steers: Medium and Large 1 FOB Jul-Aug 875 lbs 140.00; Del Current 615 lbs 166.00; Jul-Aug lbs 148.00; Sep 800 lbs 146.22. Medium and Large 1-2 Del Current 800 lbs 143.00.

IOWA 200. No cattle over 600 lbs. No heifers. Steers: Medium and Large 1 Del Current 825 lbs 152.00.

COLORADO 1800. 100 pct over 600 lbs. 48 pct heifers. Steers: Medium and Large 1 Del Aug 900 lbs 148.90; 950 lbs 151.65. Medium and Large 1-2 FOB Current 1050 lbs 116.72. Heifers: Medium and Large 1 FOB Current 1020 lbs 119.72; Del 675 lbs 160.00; Jul 590 lbs 155.00; Aug-Sep 650 lbs 157.00.

WYOMING 600. 100 pct over 600 lbs. 74 pct heifers. Steers: Large 1 FOB 1050 lbs 125.00. Heifers: Medium and Large 1 FOB 675 lbs 158.67. Delivered 800 lbs 133.25.

DAKOTAS 400. 100 pct over 600 lbs. 100 pct heifers. Heifers: Medium and Large 1-2 Current 950 lbs 113.00.

MONTANA 2100. 100 pct over 600 lbs. 33 pct heifers. Steers: Medium and Large 1 FOB Aug 900 lbs 144.00; 950 lbs 147.00; Del Oct 700-715 lbs 165.21. Heifers: Medium and Large 1 Del Oct 650-660 lbs 158.35.

SOUTHWEST (AZ-CA-NV) 2600. No cattle over 600 lbs. No heifers. Holsteins: Large 3 325 lbs 110.00 Current Del; 325 lbs 119.00 Nov Del.

NORTHWEST (WA-OR-ID) 3800. 100 pct over 600 lbs. 63 pct heifers. Steers: Medium and Large 1 Del Current 775 lbs 156.00; Jul-Aug 925 lbs 145.00; Oct 700-715 lbs 165.21. Medium and Large 1-2 Del Current 945 lbs 128.55. Heifers: Medium and Large 1 Del Current 785 lbs 142.00; Oct 650-660 lbs 158.38. Medium and Large 1-2 Del Current 875 lbs 124.00.

EASTERN CORNBELT (IL-IN-MI-OH) 3200. 100 pct over 600 lbs. 71 pct heifers.

Steers: Medium and Large 1 FOB Aug 775 lbs 139.00; Oct 725 lbs 142.75; Del Sep 825 lbs 138.15. Medium and Large 1-2 FOB Current 835 lbs 134.00; Oct 825 lbs 139.80.

Heifers: Medium and Large 1 FOB Jul-Aug 725 lbs 134.50; Aug 625 lbs 142.00; 725 lbs 133.00; 750 lbs 131.00; Sep 700-725 lbs 132.18; 750 lbs 132.38; Oct 750 lbs 134.80.

SOUTHEAST (AL-AR-FL-GA-LA-MS-TN) 3800. 98 pct over 600 lbs. 91 pct heifers.

Steers: Medium and Large 1 FOB Sep 800 lbs 143.65; Oct 800 lbs 144.20. Medium and Large 1-2 Current 750 lbs 139.86. Heifers: Medium and Large 1 Current 725 lbs 135.00; 750 lbs 129.00; Jul-Aug 590 lbs 146.48; 725 lbs 135.00; Aug 700-725 lbs 135.00; Aug-Sep 650 lbs 148.22; Oct 650 lbs 142.35; 700 lbs 141.07; Nov 750 lbs 137.74. Medium and Large 1-2 Current 665 lbs 136.36.

Video/Internet Receipts: 29,000 Last Week 66,800 Last Year 55,500 (96 pct over 600 lbs, 35 pct heifers)

JOPLIN REGIONAL STOCKYARDS VIDEO 26,400. 98 pct over 600 lbs. 35 pct heifers.

Big Bang Video

Southcentral Region (TX-OK-KS-MO)

Steers: Medium and Large 1 Current several loads 825 lbs 153.50; 850-900 lbs (886) 144.84; few loads 900 lbs 145.25; Jul-Aug few loads 725 lbs 159.00; few loads 775 lbs 155.25; few loads 800 lbs 153.85; few loads 875 lbs 148.50; Aug few loads 850 lbs 145.75; Oct few loads 850 lbs 146.25; Nov 750-800 lbs (762) 153.94; Nov-Dec few loads 800 lbs 148.25; Dec part load 800 lbs 149.25; few loads 850 lbs 146.00.

Medium and Large 1-2 Current few loads 700 lbs 156.75; 750-800 lbs (769) 150.99; 800-850 lbs (816) 149.82; 850-900 lbs (869) 146.52; 900-950 lbs (919) 138.07; Jul-Aug few loads 775 lbs 156.25; few loads 825 lbs 152.00; few loads 875 lbs 143.10; several loads 925 lbs 142.00; Aug 750-800 lbs (788) 150.53; few loads 800 lbs 150.57; 850-900 lbs (869) 143.19; Aug-Sep several loads 875 lbs 146.00; few loads 925 lbs 143.75; Sep few loads 775 lbs 149.00; 850-900 lbs (872) 144.47; Oct few loads 850 lbs 144.50; Nov few loads 775 lbs 149.25; few loads 825 lbs 149.00; few loads 875 lbs 144.00; few loads 900 lbs 143.75.

Heifers: Medium and large 1 Current several loads 715 lbs 152.00; 750-800 lbs (783) 143.00; few loads 845 lbs 134.75; Jul-Aug part load 625 lbs 153.00; Aug part load 800 lbs 135.00; Oct few loads 800 lbs 137.00; Nov few loads 750 lbs 142.00; Nov-Dec part load 775 lbs 137.50; Dec part load 750 lbs 140.00; few loads 800 lbs 137.25. Medium and large 1-2 Current few loads 600 lbs 151.75; few loads 700 lbs 148.00; 750-800 lbs (788) 138.16; few loads 830 lbs 132.75; Jul-Aug few loads 700 lbs 140.50; 750-800 lbs (769) 138.22; few loads 850 lbs 140.25; Aug several loads 730 lbs 144.00; 750-800 lbs (762) 139.11; Aug-Sep 750-800 lbs (756) 136.76; Sep few loads 750 lbs 139.25; Oct 650-700 lbs (671) 149.13; several loads 750 lbs 138.91; Nov 650-700 lbs (655) 146.63; 750-800 lbs (756) 138.06; Dec few loads 725 lbs 142.50.

Eastern Region (AR)

Steers: Medium and Large 1 Current few loads 800 lbs 151.50; Aug few loads 800 lbs 151.75. Medium and Large 1-2 Current part load 800 lbs 147.75; few loads 850 lbs 143.50; Aug few loads 850 lbs 143.50; Sep few loads 850 lbs 143.00; Oct few loads 850 lbs 141.75; Nov few loads 850 lbs 141.75; Dec few loads 850 lbs 141.75.

Heifers: Medium and large 1 Current few loads 775 lbs 137.00; Aug part load 700 lbs 137.25; Oct-Nov few loads 700 lbs 138.00. Medium and large 1-2 Current few loads 775 lbs 137.00; Aug part load 700 lbs 137.25; Oct-Nov few loads 700 lbs 138.00.

SOUTHEAST LIVESTOCK EXCHANGE VIDEO 1500. 78 pct over 600 lbs. 30 pct heifers.

Steers: Medium and Large 1-2 Current load 650 lbs 152.00; load 750 lbs 137.75; load 825 lbs 133.50; 900-950 lbs (927) 129.75.

Heifers: Medium and Large 1-2 Current load 750 lbs 122.00; load 825 lbs 124.25.

MID-ATLANTIC CATTLE SALES VIDEO 1100. 84 pct over 600 lbs. 37 pct heifers.

Southeastern Region (NC-SC)

Steers: Medium and Large 1-2 Current load 575 lbs 154.00.

Heifers: Medium and Large 1-2 Current load 525 lbs 139.50; load 650 lbs 139.50; few loads 725 lbs 131.00.

National Slaughter

Cattle Summary

July 6

Thus far for the week: Live cattle in all major feeding regions are trading 5.00-6.00 higher. Dressed sales in Nebraska sharply higher, 10.00-11.00 higher. Feedyards used the strength in the cattle futures to hold out till Friday.

Continued good demand for beef helped to sway the packers to higher money.

Boxed Beef prices as of Friday afternoon averaged 203.37 down 1.90 from last Friday. The Choice/Select spread is 9.32. Slaughter cattle on a national basis for negotiated cash trades through Friday afternoon totaled 101,607 head. Last week’s total head count was 125,067.

Midwest Direct Markets: Live Basis: Steers and Heifers: mostly 180.00. Dressed Basis: Steers and Heifers: 113.00-114.00.

South Plains Direct Markets: Live Basis: Steers and Heifers 112.00-113.00. Slaughter Cows and Bulls (Average Yielding Prices): Light offerings of slaughter cows and bulls this week due to the mid-week holiday. Packer demand moderate to good. Cutter Cow Carcass Cut-out Value on Friday afternoon was 175.98 down 0.40 from last Friday.

Northwest Weighted

Direct Feeder Cattle

July 6

This week Last week Last year

3,822 0 6,250

Compared to June 29: No recent test for a comparison of trends of feeder cattle. Demand good as cattle futures turned mostly higher this holiday shortened week. The feeder supply included 100 percent over 600 lbs and 63 percent heifers. Unless otherwise stated prices are FOB weighing points with 2-3 percent shrink or equivalent and a 5-10 cent slide on calves and a 4-12 cent slide on yearlings from base weights. Current sales are up to 14 days delivery.

Feeder Steers Medium and Large 1:

220 Head: 775 lbs, Avg Price 156.00, Current Del

600 Head: 925 lbs, Avg Price 145.00 Jul-Aug Del

520 Head: 709 lbs, Avg Price 165.21, Oct Del

Feeder Steers Medium and Large 1-2 :

57 Head: 943 lbs, Avg Price 128.55, Current Del

Feeder Heifers Medium and Large 1:

1600 Head: 785 lbs, Avg Price 142.00, Current Del

705 Head: 654 lbs, Avg Price 158.35, Oct Del

Feeder Heifers Medium and Large 1-2:

120 Head: 875 lbs, Avg Price 124.00, Current Del



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