Kingdom City- Callaway Livestock Center
Tuesday, July 25, 2017
Feeder Cattle Weighted Average Report for 07/24/2017 Receipts: 639 Last Week: 1284 Year Ago: 436 Compared to last week, a very light run and test of feeders this week due to the extreme heat on Sunday. Feeders traded with a weak to lower undertone, with the best comparison on 500-550 lb steer calves selling weak to 5.00 lower. Supply was light with demand moderate. Limit losses quickly developed across the CME cattle complex before closing with sharp triple-digit losses as last Friday's COF report showed placements at 116 percent, 10 percent more than analyst expected set a bearish tone for the feeder market. Slaughter cows accounted for near 8 percent of the total receipts. Feeder supply consisted of 65 percent steers and bulls, 35 percent heifers and 40 percent weighing over 600 lbs. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 5 465-487 478 177.00-183.00 180.67 28 517-537 530 174.00-183.00 177.95 13 558-575 561 170.00-175.00 170.79 19 638-645 644 161.25-163.00 161.52 17 653-685 673 154.50-158.00 155.60 21 842 842 144.00 144.00 Feeder Steers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 2 375 375 192.00 192.00 6 433 433 178.00 178.00 4 465-490 478 170.00-172.00 170.97 15 508-543 532 168.00-172.00 169.77 27 553-590 581 160.00-166.00 161.81 14 605-628 615 153.00-160.00 158.02 8 675-693 688 149.00-155.00 151.23 Feeder Steers Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price 3 355 355 176.00 176.00 3 665 665 146.00 146.00 Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 4 443 443 165.00 165.00 14 451-490 465 153.00-159.00 156.54 7 526-543 531 153.00-157.00 155.83 2 568 568 150.00 150.00 Feeder Heifers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 3 375-395 388 160.00-169.00 166.10 6 471-473 472 147.00-149.50 148.66 3 458 458 130.00 130.00 Fleshy 12 531-536 533 143.00-149.00 146.99 8 560-568 565 142.50-143.00 142.69 2 633 633 139.00 139.00 9 656-688 673 130.50-133.00 131.57 15 737 737 135.00 135.00 12 832 832 125.75 125.75 Feeder Heifers Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price 6 503-513 506 140.00 140.00 3 517 517 157.00 157.00 Thin Fleshed 4 663 663 126.50 126.50 Feeder Bulls Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 6 362-363 362 164.50-167.00 165.75 5 412 412 167.00 167.00 12 458-481 475 166.00-178.50 175.49 4 946 946 114.00 114.00 Source: MO Dept of Ag/USDA Market News Service, Greg Harrison, Market Reporter, 573-751-5618 24 Hour Market Report 1-573-522-9244 www.ams.usda.gov/mnreports/JC_LS768.txt