Boonville - Missouri Valley Commission Company

Wednesday, December 9, 2015

Cattle Auction Report for 12/08/15                 
 
Receipts:  822    Week Ago:  634    Year Ago:  323 

   Compared to last week, feeder steers and heifers sold 15.00 to 20.00 lower 
with instances 25.00 lower. Slaughter cows 5.00 to 10.00 lower. A beautiful day 
outside but the sharply lower market made for a rather dismal afternoon 
ringside. Some good cattle in town this week but even the best quality could 
not overcome bearish fundamentals and sale prices came nowhere near last week’s 
market tops. The main question heard throughout the day was some form of 
‘where’s the bottom’ and as the number of business days left in 2015 tick by 
all involved are hoping for a market rally before year end. Supply moderate and 
demand light to moderate. Cows and bulls accounted for 18 percent of the total 
offering. The feeder supply consisted of 65 percent steers and bulls and 35 
percent heifers; 46 percent of all the feeder cattle weighed over 600 lbs.  

***Scheduling Note: Missouri Valley Commission Company will hold their last 
sale of 2015 next week, Tuesday, December 15.***

   Feeder Steers:  Medium and Large 1  400-500 lbs 174.00-180.00; 500-600 lbs 
163.50-180.00, pkg 547 lbs fleshy 156.00; 600-700 lbs 149.50-157.00, pkg 652 
lbs fleshy 145.50; 700-800 lbs 135.00-145.50, few pkgs calves 120.50; 800-900 
lbs 124.50-129.00, pkg 828 lbs calves 116.50.  Medium and Large 1-2  500-600 
lbs 150.50-158.00; 600-700 lbs 120.00-150.50; 700-800 lbs 125.00-133.00.  
Medium and Large 2  lot 415 lbs 160.00.  Medium and Large 2-3  pkg 448 lbs 
140.00.  Medium and Large 3  pkg 318 lbs 101.00; lot 400 lbs 119.00; pkg 563 
lbs 110.25.  Large 1-2  pkg 593 lbs 140.50; 600-700 lbs 130.50-140.50.           

   Feeder Heifers:  Medium and Large 1  400-500 lbs 147.00-164.00; 500-600 lbs 
145.00-152.00; 600-700 lbs 131.00-138.00, pkg 648 lbs calves 115.00; 700-800 
lbs 127.00-131.00; 800-900 lbs 116.50-122.50.  Medium and Large 1-2  500-600 
lbs 125.50-134.50; 600-700 lbs 120.00-125.50; pkg 704 lbs 122.00.  Medium and 
Large 2-3  lot 357 lbs 121.00; lot 411 lbs 123.00.  Medium and Large 3  pkg 371 
lbs 101.00.   

   Feeder Bulls:  Medium and Large 1-2  500-600 lbs 133.50-154.50; 600-700 lbs 
90.50-113.50.  

   Slaughter Cows: 
         Percent Lean     Av. Dressing     High Dressing     Low Dressing
Breaking     70-80         59.00-69.00   few 70.00-71.00        few 54.00
Boning       80-85         59.00-67.50   few 70.00-73.00      54.00-58.00
Lean         85-90         54.00-62.00       -----------      46.50-54.00 

   Slaughter Bulls:  Yield Grade 1-2  1450-1650 lbs 87.00-91.00; several low 
dressing 75.00-82.00.     

Source:  MO Dept of Ag/USDA Market News Service 
         Tracey Switzer Thompson, Market Reporter, (573) 751-5618
         24 Hour Market Report 1-573-522-9244
         www.ams.usda.gov/mnreports/JC_LS132.txt