Boonville- Missouri Valley Commission Company: Feeder Cattle Weighted Average Report for 04/23/2013

Wednesday, April 24, 2013

Receipts:  1192    Last Week:  621    Year Ago:  654
 
   Compared to last week’s light test, steers under 600 lbs steady to 2.00
lower, heifers under 600 lbs 3.00-5.00 higher and steers and heifers over 600 
lbs steady to 2.00 higher. Slaughter cows mostly steady. Positive news for 
beef producers Tuesday as futures prices turned upward on the live and feeder 
cattle contracts and downward on the corn contracts. This after what the 
industry deemed a bearish Cattle on Feed report last Friday. Mother Nature still 
has the cattle industry second guessing the calendar as snow is forecast for and 
falling in parts of the Midwest. Continued substantial and measurable rain has 
fallen over the past week, curtailing receipts in many areas of the state.
Demand and supply moderate. Supply consisted of 39 percent cows with a special 
cow sale held in conjunction with the regular sale. The feeder supply 
consisted of 47 percent steers and bulls, 53 percent heifers and 33 percent
of the receipts were over 600 lbs. 

                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    6    420-430     425    165.00-169.00     168.16

   16    507-540     528    146.00-152.00     148.16
   11      596       596       154.00         154.00
   12    552-565     558    131.50-141.00     137.26   Fleshy

   19    608-642     622    132.00-146.00     138.10
    5      612       612       132.50         132.50   Fleshy
    9      687       687       140.00         140.00

   19    700-736     718    130.00-136.75     134.74
   17    765-790     782    125.00-127.00     125.59

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   11    457-475     468    161.00-167.00     165.40
   11    520-535     532    140.50-144.00     142.51
    7    558-598     581    140.00-142.00     141.18
    7      714       714       129.75         129.75
    4      898       898       115.25         115.25

                    Feeder Steers Medium 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3      500       500       135.00         135.00

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    4      346       346       155.00         155.00
    7    350-395     374    147.00-152.50     148.50

   29    455-496     484    139.00-145.00     141.94
    6    468-495     486    124.50-132.00     126.91   Fleshy

   38    514-547     536    128.00-142.00     134.42
   10    528-545     536    120.25-125.50     122.83   Fleshy
   21    550-599     578    133.00-144.00     138.65

   20    605-646     629    125.25-134.50     130.24
    3    660-668     665    126.50-129.00     127.33

   12    718-743     730    118.00-120.50     119.23

    6    808-815     813    117.25-119.50     118.00

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    4    310-342     332    144.00-146.00     144.72
    3      362       362       142.00         142.00
    6    405-420     408    131.00-134.00     132.49
   21    457-488     469    127.50-140.00     132.92
   10    508-536     524    126.50-134.25     131.35

                    Feeder Heifers Medium 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3      353       353       132.00         132.00
    3      437       437       130.50         130.50

                 Feeder Bulls Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    4      312       312       173.00         173.00
    3      377       377       167.00         167.00
    7      442       442    160.00-163.50     162.50
    3      663       663       131.00         131.00
    3      795       795       112.50         112.50

                Feeder Bulls Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    5    578-583     581    128.00-129.00     128.40

                      Feeder Bulls Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3      857       857       108.50         108.50

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
 
0727cdt th