Kingsville - Kingsville Livestock Auction

Wednesday, June 22, 2016

Feeder Cattle Auction Report for 6/21/2016

Receipts:  1233    Week Ago:  1144    Year Ago:  1341

   Compared to last week, steer calves under 600 lbs sold mostly steady
to 5.00 lower with spots 10.00 lower after last week’s sharply lower
trade, 600-700 lbs 7.00-15.00 lower and heavier weights had a lower
undertone. Heifer calves traded 7.00-15.00 lower with spots 20.00 lower,
too few comparisons of yearlings. Supply and demand was light to moderate.
The cattle market has had a tough couple of weeks with sharply lower
futures and fed cattle prices, higher corn and the recent heat wave that
looks like it’s going to be around for a while. However, nearby corn was
down over twenty cents at close today and feeders and live cattle were in
the green. The feeder offering consisted of near 56 percent steers and
bulls and 44 percent heifers with 35 percent over 600 lbs. Cows and bulls 3
totaled 10 percent of the offering. Slaughter cows sold firm to 2.00 higher. 

   Feeder Steers:  Medium and Large 1  pkg 383 lbs 179.50; 400-500
lbs 163.75-179.75; 500-600 lbs 153.00-167.50; 600-700 lbs 143.25-
155.25, lot 683 lbs calves 134.75, lot 692 lbs fleshy 138.25; 700-
800 lbs 139.75-141.75; 800-900 lbs 132.10-134.50, lot 805 lbs calves 
123.35.  Medium and Large 1-2  300-400 lbs 162.50-167.50; 400-500 lbs
141.00-160.50; pkg 558 lbs 140.00, pkg 553 lbs fleshy 137.25, 550-600
lbs thin 154.50-157.50; 600-700 lbs 135.00-142.50; pkg 791 lbs 136.25.

   Feeder Heifers:  Medium and Large 1  pkg 389 lbs source/aged 165.00;
400-500 lbs 139.50-151.50; 500-600 lbs 130.00-147.25; 600-700 lbs
126.50-139.25, lot 614 lbs calves 123.75, pkg 663 lbs fancy 139.75;
lot 714 lbs calves 118.75; lot 935 lbs fleshy 116.75.  Medium and Large
1-2  300-400 lbs 150.00-153.00; pkg 420 lbs 146.50; 500-600 lbs 124.50-
141.25, pkg 571 lbs thin 135.50; 600-650 lbs fleshy 123.75-124.00.
Large 1  pkg 440 lbs 143.00.

  Feeder Bulls:  Medium and Large 1  400-450 lbs 152.50-158.00; pkg 569
lbs 134.00.  Medium and Large 1-2  pkg 458 lbs 141.00.

   Slaughter Cows: 
        Percent Lean:     Avg Dressing     High Dressing     Low Dressing
Breaking       70-80       78.00-81.00     83.00-87.00       74.00-76.00
Boning         80-85       76.00-82.50     84.00-89.00       67.00-76.00    
Lean           85-90       70.00-75.00     76.00-83.00       62.00-66.50
   
   Slaughter Bulls:  Yield Grade 1-2  
1175-1925 lbs              98.00-102.00    106.50-109.00     77.00-94.00

   Bred cows:  Scarce 

                                           
   Cow Calf Pairs:  Scarce 

Source:  MO Dept of Ag-USDA Market News Service, Kingsville, MO
         Dan Trickey, Market Reporter 573-751-5618
         24 Hour Market Report 1-573-522-9244
        www.ams.usda.gov/mnreports/JC_159.txt

0715cdt cc