Boonville- Missouri Valley Commission Company: Feeder Cattle Weighted Average Report for 04/16/2013

Wednesday, April 17, 2013

Receipts:  621    Last Week:  1008    Year Ago:  610
 
   Compared to last week on a light test, steers and heifers under 600 lbs
4.00-7.00 lower with instances as much as 10.00 lower, steers over
600 lbs 3.00-6.00 lower, not enough heifers over 600 lbs for a price
comparison. Slaughter cows mostly steady. The area has received substantial
rainfall curtailing receipts and hampering delivery of cattle. Additionally,
the continued cool and wet weather has the crop farmers twiddling their 
thumbs waiting for the ground to dry up. Still market pressures are keeping
the feeder cattle market subdued compared to what some “experts” thought were 
going to be another spring of near record prices or at least close to it. Demand 
moderate. Supply light with 20 percent cows. The feeder supply consisted of
58 percent steers and bulls and 42 percent heifers with 35 percent of the
receipts weighing over 600 lbs.

                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   15    410-425     417    159.00-176.00     170.13
    3      490       490       155.00         155.00   Fleshy

   38    500-530     528    150.50-160.50     159.02
    7    552-563     560    149.50-151.50     150.06
    4    550-592     582    136.50-142.50     137.92   Fleshy

   47    615-642     624    135.00-145.00     142.38
   10    650-682     666    134.50-136.75     135.28
    4      668       668       132.00         132.00   Fleshy

   16    708-736     720    128.25-132.75     130.09

   12    817-823     822    123.75-124.00     123.94

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    6      400       400       174.00         174.00   Thin Fleshed
   13    512-524     522    149.00-150.50     149.85
    3    560-575     570    135.50-145.50     138.77

                Feeder Steers Medium and Large 2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    4      578       578       137.50         137.50

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    7    403-415     406    141.00-146.00     144.54
   23    450-468     464    135.50-140.50     137.28

   10      543       543       139.50         139.50
   34    568-591     582    125.50-128.50     127.38

    5    605-618     614    123.50-130.00     125.28
   14    656-681     664    125.25-126.75     125.69

   10    735-740     738    122.25-123.75     122.70

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    4    392-398     395    136.00-139.00     137.49
   15    405-446     424    134.00-142.00     138.03
    5    450-472     464    134.50-137.00     135.19
    9    505-518     516    136.00-145.50     140.56
    8    562-585     578    129.50-133.50     131.06

                 Feeder Bulls Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    7      506       506       142.75         142.75
    3      698       698       130.00         130.00

                Feeder Bulls Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    6      468       468       154.00         154.00
    3    572-585     576    131.00-133.00     132.32

Source:  MO Dept of Ag/USDA Market News Service
         Greg Onstott, Market Reporter, 573-751-5618
         24 Hour Market Report 1-573-522-9244
         www.ams.usda.gov/mnreports/JC_LS754.txt
 
0722cdt th