Kingsville Livestock Auction: Cattle Auction Report for 05/24/2011

Wednesday, May 25, 2011

Receipts:  1486    Last Week:  2069    Year Ago:  2611

   Compared to last week, steers under 750 lbs sold 5.00 to 7.00 lower,
instances up to 10.00 lower; steers 750 to 850 lbs 2.00 to 3.00 lower;
heifers under 500 lbs 4.00 to 8.00 lower; heifers 500-700 lbs sold 2.00 to
3.00 lower.  Declining outside markets including the stock market, live
and feeder cattle futures plus a high grain market are putting pressure
on feeder prices.  Slaughter cows traded firm to 2.00 higher on a good test
of cows.  Cows and bulls were 20 percent of receipts.  In the feeder supply,
steers and bulls were 65 percent of the run; heifers 35 percent.  Near
51 percent of feeders weighed over 600 lbs.

   Feeder Steers:  Medium and Large 1  400-500 lbs 136.50-149.75; 500-
600 lbs 131.00-147.00, fleshy 128.00-129.00; 600-700 lbs 120.10-133.00,
fleshy 118.25-126.00; 700-720 lbs fleshy 118.25-119.25; 750-780 lbs 122.85-
126.35; load 802 lbs 125.50; lot 869 lbs 123.85; lot 944 lbs 114.85.  Medium
and Large 1-2  pkg 325 lbs 158.25; 350-400 lbs 149.00-151.50; 400-500 lbs
137.50-152.50; 500-600 lbs 130.00-142.00; 600-700 lbs 122.00-134.00; 730-
785 lbs 119.75-123.00; 860-890 114.00-115.00.

   Feeder Heifers:  Medium and Large 1  pkg 348 lbs 144.50; pkg 403 lbs 142.00;
460-500 lbs 128.75-135.00; 500-600 lbs 125.00-133.50, fleshy 118.50; 600-650 lbs
125.00-127.85; 620-680 lbs fleshy 115.00-116.50; 700-750 lbs 117.25-127.00.
Medium and Large 1-2  pkg 349 lbs 140.00; 360-400 lbs 135.00-137.00; 400-500 lbs
125.50-138.00; 500-600 lbs 125.00-131.75, fleshy 115.00; few 600-660 lbs 119.75-
124.00; few 730-750 lbs fleshy/full 111.50-114.75.

   Feeder Bulls:  Medium and Large 1-2  pkg 378 lbs 150.50; 400-500 lbs 136.50-
147.50; pkg 535 lbs 124.50; 600-700 lbs 116.00-122.00.

   Slaughter Cows:
      Percent Lean   Avg Dressing   Hi Dressing   Lo Dressing

Breaking 75-80        72.50-78.00   79.00-82.00
Boning   80-85        71.25-78.25   78.50-85.00   66.50-68.00
                                      Ind 88.00
Lean     85-90        66.00-71.00                 58.00-66.00

   Slaughter Bulls:  Yield grade 1-2, 1225-2115 lbs 86.50-96.00; high dressing
97.00-104.00.

Source:  MO Dept of Agriculture-USDA Market Service, Kingsville MO
         Richard L Kramer, Market Reporter, (573) 751-5618
         24 hour recorded report (573) 522-9244
         www.ams.usda.gov/mnreports/JC_LS159.txt 

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