Kingsville- Kingsville Livestock Auction

Wednesday, June 22, 2016

Feeder Cattle Weighted Average Report for 06/21/2016
 
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 
totaled 10 percent of the offering.


                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    9      383       383       179.50         179.50
 
   18    404-445     421    165.50-172.50     168.98
   70    455-495     478    163.75-179.75     170.65

   47    521-539     530    155.00-167.50     162.89
  117    551-590     583    153.00-161.00     157.79

   33    601-629     614    151.25-155.25     153.14
   31    652-657     656    143.25-146.75     145.45
   21      683       683       134.75         134.75   Calves
   25      692       692       138.25         138.25   Fleshy 

    7      703       703       141.75         141.75
    3      797       797       139.75         139.75

   15      825       825       132.10         132.10
   24      805       805       123.35         123.35   Calves
    4      880       880       134.50         134.50

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   11      321       321       167.50         167.50
    4      366       366       162.50         162.50
   10    408-415     412    160.00-160.50     160.25
   13    475-490     482    141.00-151.50     146.93
    3      558       558       140.00         140.00
    4      553       553       137.25         137.25   Fleshy
    8    558-573     567    154.50-157.50     156.39   Thin Fleshed
    5      625       625       142.50         142.50
   15    657-691     677    135.00-139.50     135.87
    4      791       791       136.25         136.25

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    6      389       389       165.00         165.00   Source/Aged

   17    400-437     413    150.00-151.50     150.73
   73    450-499     481    139.50-150.00     146.45

   91    508-539     525    138.75-147.25     141.01
   56    564-595     570    130.00-138.75     135.71

   60      619       619       139.25         139.25
   17      614       614       123.75         123.75   Calves
   13    668-695     683    126.50-129.25     128.01
    6      663       663       139.75         139.75   Fancy 

   15      714       714       118.75         118.75   Calves

   11      935       935       116.75         116.75   Fleshy 

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    4      339       339       153.00         153.00
    4      388       388       150.00         150.00
    7      420       420       146.50         146.50
    5      502       502       141.25         141.25
    8    572-578     574    124.50-132.00     126.58
    6      571       571       135.50         135.50   Thin Fleshed 
   13    635-646     642    123.75-124.00     123.85   Fleshy 

                      Feeder Heifers Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3      440       440       143.00         143.00

                 Feeder Bulls Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   10    414-432     419    152.50-158.00     156.30
    4      569       569       134.00         134.00

                Feeder Bulls Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3      458       458       141.00         141.00

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_LS760.txt
 
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