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