Kingdom City - Callaway Livestock Center

Tuesday, June 21, 2016

Feeder Cattle Weighted Average Report for 06/20/2016
 
Receipts:  1361    Week Ago:  2139    Year Ago:  969
 
   Compared to last week, a light test of 450-500 lb steer calves sold steady to 
firm, with 500-700 lb steer calves selling mostly 3.00-6.00 lower, spots 8.00 
lower. Two pot loads of 7 weight steers selling with good weighing conditions 
sold near steady when compared to similar weights last week. Yearling steers 
over 800 lbs were not well tested but sold with a lower undertone.  Feeder 
heifers on a light test weighing 450-650 lbs traded 5.00-8.00 lower, spots 10.00 
lower with quality not as attractive as last week.  Demand was moderate to good 
best on five pot loads of good quality yearling steers.  Market fundamentals 
remain negative as cattle futures continue to sell-off, last week's fed cattle 
trade was lower and heat continue to plague the market.  Slaughter cows 
accounted for 10 percent of the total receipts.  Feeder supply included 78 
percent steers, 22 percent heifers and near 57 percent weighing over 600 lbs.

                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   14    413-445     428    166.00-176.00     170.71
   13    457-480     463    166.00-180.00     176.25

   29    513-520     517    164.50-167.50     165.94
   18    567-588     583    156.00-159.00     157.49

   63    622-635     633       155.00         155.00
   10    668-671     670    144.00-146.00     144.80

   58      823       823       142.85         142.85
   58      880       880       135.25         135.25

   58      921       921       132.75         132.75
    6      975       975       129.50         129.50

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    8    325-328     326    187.00-199.00     190.52
    3      362       362       174.00         174.00
   20    408-445     419    160.00-168.50     165.71
   33    458-484     475    160.00-167.00     162.08
   40    502-548     536    154.00-166.00     159.44
    4      516       516       148.00         148.00   Fleshy
   30    555-591     568    146.00-154.00     151.74
   19    600-631     619    142.00-147.00     144.54
   44    656-668     658    141.00-150.50     147.96
   72      732       732       154.75         154.75   Thin Fleshed
    4      795       795       134.00         134.00
   55      752       752       150.00         150.00   Thin Fleshed
    6      834       834       137.00         137.00
   29      889       889       134.00         134.00

                Feeder Steers Medium and Large 2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    5      316       316       171.00         171.00
    6      385       385       167.00         167.00
    3      477       477       159.00         159.00

                     Feeder Steers Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   12      713       713       135.50         135.50
   13      828       828       126.50         126.50
    8      948       948       129.00         129.00

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   20    453-480     464    155.50-160.50     157.57

   52    509-542     525    150.00-159.00     154.26
   48    550-580     556    146.50-150.00     148.99

   12    600-616     609    142.50-144.00     143.12
    9      661       661       141.00         141.00

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    9    373-381     379    155.00-166.00     162.26
    7      398       398       151.00         151.00   Fleshy
   32    411-447     429    151.50-158.50     156.03
    3      470       470       158.00         158.00
   15    505-545     525    146.50-156.50     149.27

                Feeder Heifers Medium and Large 2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2      318       318       150.00         150.00
    2      415       415       144.00         144.00
    5    583-585     584    129.00-134.00     131.00

                Feeder Bulls Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    4    408-423     416       154.00         154.00
    5    473-487     481    150.00-155.00     151.97
    3      553       553       140.00         140.00

Source:  MO Dept of Ag/USDA Market News Service, Kingdom City, MO
         Greg Harrison, Market Reporter, 573-751-5618
         24 Hour Market Report 1-573-522-9244
         www.ams.usda.gov/mnreports/JC_LS768.txt
 
0727cdt cc