Kingdom City - Callaway Livestock Center

Tuesday, September 6, 2016

Feeder Cattle Weighted Average Report for 09/05/2016
 
Receipts:  1751    Week Ago:  1591    Year Ago:  2597
 
   Callaway Livestock Auction held their annual Labor Day auction selling 
sixteen pot loads of yearling feeder cattle, selling with moderate to good 
demand on a lower market with a good offering of yearling cattle.  A light test 
of 500-600 lbs steer calves sold 8.00-10.00 lower, with 700-800 lb yearling 
steers trading mostly 2.00-5.00 lower with yearling steers over 800 lbs selling 
with a lower undertone with no recent test.  Feeder heifers had bulk of their 
sales weighing over 600 lbs and traded with a lower undertone.  Fed cattle 
prices last week traded at 110.00 on live basis the lowest level since 2012.  
There remains much overhead resistance in the market with plenty of fed cattle 
to move, along with large supplies of pork and poultry has kept the CME cattle 
futures on the defensive side.  Slaughter cows accounted for near 5 percent of 
the total receipts.  Feeder supply included 75 percent steers, 25 percent 
heifers and near 8 percent weighing over 600 lbs.

                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   22    456-492     481    157.50-158.50     158.20

   22    506-507     506    156.00-159.50     157.27
   44    568-598     578    151.50-152.00     151.66

  161    720-740     735    142.25-146.00     143.67
  241    750-774     764    143.10-144.35     143.55

  119    805-837     821    135.50-136.25     135.88
   11      800       800       139.00         139.00   Thin Fleshed
  114    850-888     869    131.50-135.10     133.29

   55      916       916       131.25         131.25

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3    450-495     480    150.50-159.00     153.16
    4    505-513     511    143.00-149.00     147.52
    4      610       610       142.00         142.00
   73      666       666       139.50         139.50
   60      793       793       136.35         136.35
    7      829       829       131.75         131.75
   29      862       862       129.25         129.25
   65    926-934     933    124.50-130.00     128.99
    5      955       955       120.00         120.00

                Feeder Steers Medium and Large 2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    4      520       520       148.50         148.50
    5      568       568       125.00         125.00
    8      633       633       129.50         129.50
    7      828       828       112.25         112.25

                    Feeder Steers Medium 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   12      567       567       143.00         143.00

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    6      639       639       142.00         142.00

   74      652       652       145.00         145.00

   67      707       707       127.85         127.85

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   10    400-448     426    138.40-141.00     140.02
    6    468-488     475    136.00-141.00     139.29
    2      510       510       137.50         137.50
    5    585-588     586    126.00-129.25     127.30
   19      564       564       149.50         149.50   Thin Fleshed
   26      622       622       134.75         134.75
  107    665-697     675    126.50-133.25     130.97
   41    700-745     711    118.25-125.75     123.83
    6      734       734       115.00         115.00   Fleshy

                Feeder Bulls Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    8    466-481     474    143.50-145.50     144.52

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
 
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