Boonville - Missouri Valley Commission Company

Wednesday, August 9, 2017

Feeder Cattle Weighted Average Report for 08/08/2017

Receipts:  671    Week Ago:  N/A    Year Ago:  1002

   No recently reported sales for a comparison.  Demand was good with
feeder steers and heifers trading with a higher undertone when looking
back to the last tested market from a month ago.  Cattle futures have
struggled lately, but prices on feeders through the auction barns have
held up strong.  Supply was light to moderate.  The feeder offering
consisted of 58 percent steers and bulls 42 percent heifers and
84 percent of the feeders were over 600 lbs. Cows and bulls consisted
of 15 percent of the total offering.

                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3      533       533       170.50         170.50
    5      586       586       166.50         166.50

   22    613-638     625    164.25-168.00     166.69
    4      662       662       158.00         158.00
    3      675       675       153.00         153.00   Fleshy

   40    720-748     736    155.75-160.60     157.91

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   11    555-585     563    164.50-166.00     164.92
   34      625       625       162.00         162.00
   53    656-695     692       155.50         155.50
   15      717       717       156.75         156.75
   61    783-793     791    145.00-148.50     145.87

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   15    667-679     672    142.50-144.75     143.84

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
   14      548       548       155.50         155.50
   21    554-588     566    149.50-152.50     151.14
   41    605-622     620    142.50-149.50     146.44
    8      627       627       144.00         144.00   Fleshy
   43    687-689     689    140.00-143.00     140.63
   14    702-735     707    135.00-141.50     140.53
    6      702       702       137.50         137.50   Fleshy
   10      786       786       129.00         129.00

                    Feeder Heifers Medium 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    4      474       474       148.50         148.50

                Feeder Bulls Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    8      764       764       134.00         134.00

   Slaughter Cows: 
         Percent Lean     Av. Dressing     High Dressing     Low Dressing
Breaking     70-80         73.00-76.50      77.00-79.50      69.00-70.00
Boning       80-85         73.00-76.00      77.00-83.00      66.00-71.50
Lean         85-90     Few 71.50-72.50      ------------     59.00-67.00
                                                       
   Slaughter Bulls:  Yield Grade 1-2  1250-1900 lbs 92.00-98.50,
High dressing 100.50-105.50.


Source:  MO Dept of Ag/USDA Market News Service, Boonville, MO
         Steve Disselhorst, Market Reporter, (573) 751-5618
         24 Hour Market Report 1-573-522-9244
         www.ams.usda.gov/mnreports/JC_LS754.txt