Boonville-Missouri Valley Commission Company

Wednesday, December 9, 2015

Feeder Cattle Weighted Average Report for 12/08/2015
 
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
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    5    467-485     474    174.00-180.00     177.55

   21      518       518       180.00         180.00
    3      547       547       156.00         156.00   Fleshy
   28    592-598     596    163.50-165.00     164.57

    5      649       649       150.00         150.00
   44    650-684     668    149.50-157.00     154.03
    3      652       652       145.50         145.50   Fleshy

   36    713-743     734    135.00-145.50     140.97
   19    709-737     724       120.50         120.50   Calves
   15      767       767       145.50         145.50

    3      828       828       129.00         129.00
    3      828       828       116.50         116.50   Calves
    3      867       867       124.50         124.50

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    4    520-530     525    150.50-155.50     153.02
    4    570-590     580    156.00-158.00     157.02
    8      630       630       150.50         150.50
    8    652-685     673    120.00-140.50     133.05
    4      711       711       130.50         130.50
    4    768-790     779    125.00-133.00     128.94

                Feeder Steers Medium and Large 2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   12      415       415       160.00         160.00

                Feeder Steers Medium and Large 2-3
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    6      448       448       140.00         140.00

                Feeder Steers Medium and Large 3
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    9      318       318       101.00         101.00
   15      400       400       119.00         119.00
    5      563       563       110.25         110.25

                     Feeder Steers Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    5      593       593       140.50         140.50
    3      622       622       140.50         140.50
    3      688       688       130.50         130.50

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3      438       438       159.00         159.00
   20    464-482     474    147.00-164.00     155.08

   35    504-549     531    145.00-152.00     149.62

   18    600-639     616    131.00-138.00     134.31
    3      648       648       115.00         115.00   Calves

   14    730-735     731    127.00-131.00     129.85

    3      813       813       122.50         122.50
    5      876       876       116.50         116.50

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    6      517       517       132.50         132.50
    8    590-598     594    125.50-134.50     128.49
    7    617-625     619    120.00-125.50     121.59
    4      704       704       122.00         122.00

               Feeder Heifers Medium and Large 2-3
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   11      357       357       121.00         121.00
   16      411       411       123.00         123.00

                Feeder Heifers Medium and Large 3
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    7      371       371       101.00         101.00

                Feeder Bulls Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   16    535-542     537    133.50-154.50     147.71
    6    658-680     665     90.50-113.50     105.66

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_LS754.txt
 
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