Boonville - Missouri Valley Commission Company: Feeder Cattle Weighted Average Report for 10/21/2014

Wednesday, October 22, 2014

Receipts:  611    Week Ago:  N/A    Year Ago:  400

   Not enough feeder cattle on hand to test the market with the bulk of the 
supply bred cows and pairs. A good crowd was on hand for the Monthly Cow 
Special, with local producers proving once again they are ready to restock their 
herds even at ever rising prices. Feed prices are low, hay piles and fall 
pastures plentiful, and the feeder market at all-time highs, and the time seems 
right to rebuild. Feeder cattle were offered in singles and very small pkgs with 
a fair percentage of unweaned calves in the mix. Slaughter cows 2.00-3.00 lower 
(compared to two weeks ago). Supply moderate and demand good. Cows and bulls 
accounted for 69 percent of the total offering.  The feeder supply consisted of 
70 percent steers and bulls and 30 percent heifers; 33 percent of all the feeder 
cattle weighed over 600 lbs. 

                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   14    420-448     427    314.00-318.00     316.81
    6      484       484       291.00         291.00   Fleshy

    6    518-525     523    280.00-300.00     286.61
    3      552       552       270.00         270.00

    7    633-638     634       251.00         251.00
    5      661       661       251.00         251.00

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2      352       352       314.00         314.00
    3      445       445       302.00         302.00
    2      452       452       295.00         295.00
    2      468       468       283.00         283.00   Fleshy
    7    510-528     519    271.50-281.00     275.19
    2      615       615       251.00         251.00
   11    661-675     669    245.00-251.00     247.70
    4      684       684       236.00         236.00   Fleshy
    4    740-742     741    229.00-241.00     234.99
    2      912       912       214.00         214.00

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3      400       400       281.00         281.00
    2      442       442       257.00         257.00   Fleshy

    5    502-532     520    249.00-254.00     250.93
    4      569       569       246.00         246.00
 
                Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3      355       355       294.00         294.00
    2      422       422       265.00         265.00
    6    452-472     462    251.50-257.00     254.49
    2      538       538       247.00         247.00
    4    560-592     576    236.00-241.00     238.43
    2      632       632       226.00         226.00

Source:  MO Dept of Ag/USDA Market News Service, Boonville, MO
         Tracey Thompson, Market Reporter, 573-751-5618
         24 Hour Market Report 1-573-522-9244
         www.ams.usda.gov/mnreports/JC_LS754.txt
 
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