Kingsville- Kingsville Livestock Auction: Feeder Cattle Weighted Average 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 750-850 lbs 2.00 to 3.00 lower; heifers
under 500 lbs sold 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
cattle and feeder cattle futures plus a high grain market are putting
pressure on feeder prices.  Slaughter cows firm-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
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    4      419       419       149.75         149.75
   24    475-498     493    136.50-141.50     138.07

   41    501-543     526    135.60-147.00     138.64
   21    561-591     584    131.00-142.00     133.52
   11    581-590     587    128.00-129.50     128.96   Fleshy

    9    606-608     606    129.00-133.00     132.11
   11      607       607       126.00         126.00   Fleshy
   53    674-698     690    120.10-129.35     126.04

   10    713-720     716    118.25-119.25     118.85   Fleshy
   33    750-779     758    122.85-126.35     123.89

   62      802       802       125.50         125.50
   23      869       869       123.85         123.85

   34      944       944       114.85         114.85

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3      325       325       158.25         158.25
    7    350-388     375    149.00-151.50     150.39
   18    416-440     431    141.50-152.50     145.95
   18    450-493     471    137.50-148.50     141.76
   26    505-548     531    135.00-142.00     139.29
   13    554-568     560    130.00-133.00     131.41
   18    600-643     626    124.00-134.00     129.41
    9    650-698     667    122.00-127.00     124.96
    6      731       731       121.75         121.75
   25    771-782     772    119.75-123.00     122.61
   71    863-890     864    114.00-115.00     114.97

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3      348       348       144.50         144.50

    9      403       403       142.00         142.00
   44    463-496     478    128.75-135.00     131.68

   32    508-541     533    126.00-133.50     131.21
    3      508       508       118.50         118.50   Fleshy
   43    556-591     579    125.00-129.50     126.68

   14    603-631     625    125.00-127.85     127.26
    7    620-629     625    115.00-116.50     115.64   Fleshy
   24      680       680       116.50         116.50   Fleshy

   20    702-729     713    117.25-127.00     123.01

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   11      349       349       140.00         140.00
    6    363-390     380    135.00-137.00     136.02
   15    410-446     427    130.50-138.00     133.20
   27    452-490     470    125.50-134.00     130.02
   17    513-549     526    128.00-131.75     130.14
   23    550-582     571    125.00-130.00     127.45
    3      573       573       115.00         115.00   Fleshy
    4      608       608       124.00         124.00
    4      660       660       119.75         119.75
    3      733       733       114.75         114.75   Fleshy
    3      743       743       111.50         111.50   Full

                Feeder Bulls Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3      378       378       150.50         150.50
    6    413-432     422    136.50-147.50     141.88
    4      470       470       140.75         140.75
    3      535       535       124.50         124.50
    4    613-635     618    120.00-122.00     120.51
    5    680-695     689    116.00-118.50     116.99

Source:  MO Dept of Ag/USDA Market News Service, 
         Richard Kramer, Market Reporter, 573-751-5618
         24 Hour Market Report 1-573-522-9244
         www.ams.usda.gov/mnreports/JC_LS760.txt

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