Boonville - Missouri Valley Commission Company: Feeder Cattle Weighted Average Report for 02/24/2015

Wednesday, February 25, 2015

Receipts:  907    Week Ago:  N/A    Year Ago:  896

   Compared to the last tested market two weeks ago, feeder steers and heifers 
sold 5.00 to 10.00 lower with the sharpest decline on cattle over 650 lbs. 
Plenty of flesh on most of the offering this week, but the quality was good, 
making up for some of the discount on flesh condition. A major price break was 
obvious for both steers and heifers at 650 lbs, with interest for the heavier  
feedlot bound cattle moderate at best. Slaughter cows traded fully 5.00 to 8.00 
higher, spots 10.00 higher, as buyers tried to make up for the lack of 
availability the past few weeks since inclement weather has hampered movement 
throughout much of the Missouri. Supply and demand moderate. Cows and bulls 
accounted for 25 percent of the total offering. The feeder supply consisted of 
65 percent steers and 35 percent heifers; 75 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
    7    372-398     379    287.00-307.00     301.01

    4    410-442     426    267.00-283.00     274.70
    5      471       471       290.00         290.00

   13    525-545     534    268.00-271.00     270.31
   12    553-557     554    271.00-274.00     273.25

   42    619-628     625    250.00-251.00     250.21
   56    655-698     674    212.50-222.75     218.62

   11    720-730     728    205.50-210.00     207.91
   64    753-778     769    194.25-203.75     198.50

   14    846-848     847    183.00-184.50     183.43
   42    855-869     868    181.75-186.00     185.60

    4      940       940       175.00         175.00

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    7    563-575     570    249.00-254.00     251.12
   16    615-642     625    219.00-242.75     239.45
   16    655-685     661    205.00-225.00     221.11
   10    738-748     745    190.50-206.00     200.51
   13    780-799     796    192.25-194.75     192.63
    4      901       901       173.50         173.50

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   11    459-480     465    253.00-255.00     253.72

    5    515-538     529    233.00-240.50     237.58
   38    559-595     581    220.50-234.50     223.90

   22    600-607     604    218.00-223.50     220.67
   30    652-688     669    193.50-200.25     197.07

   17    705-716     708    190.25-199.00     196.40
    9      759       759       197.50         197.50

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    4      520       520       220.00         220.00
   18      566       566       224.50         224.50
   10      616       616       210.00         210.00
    3      700       700       191.00         191.00
   11      793       793       179.75         179.75
    5      862       862       174.00         174.00

                Feeder Bulls Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3      713       713       179.50         179.50

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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