Cattle prices in dollars per hundredweight (cwt.) except some replacement animals per pair or head as indicated.


(Federal-State Market News)

St. Joseph, Mo.

Aug. 5

This week Last week Last year

456,300 312,500 277,000

Compared to last week, lighter receipts of feeder cattle selling through the auctions traded very uneven across the country with most trends ranging from steady to $2 higher to steady to $3 lower. Generally, calf prices through the Southeast sold steady to $2 lower. Feeder cattle prices this week were extremely uneven as was feeder calf quality depending on geographic locations. Oklahoma City reported 40 days of 100 degree temperatures that is plaguing the state and the whole Southwest with the exodus of feeder cattle being forced from drought stricken pastures continuing. The Southern Plains has an almost unheard of near 90 percent of grazing lands rated poor to very poor. This is comprised mostly of Texas, Oklahoma and southwest Kansas. In this part of the country near 25 percent of the beef cows are located and now facing liquidation.

The Dodge City, Kan., office also reported that farmers/ranchers baling CRP grass hay in the area were having trouble with balers catching on fire baling hay losing both hay and equipment. The auction in Kearney, Neb., reported active buying on yearlings with near 700 head of steers weighing between 850-900 lbs averaging $132.14 as the market was called steady. Dodge City had near 5,100 head and reported a mostly steady market with aggressive buying on all weights of cattle. Yearling demand remains good as the calf market remains moderate to good with buyers being a little more selective on the calves wanting ones that are hard weaned and can withstand the heat stress more efficiently. Feeder cattle futures were pressured hard this week as on Tuesday, corn was limit higher but failed to build upon its gains the rest of the week as a combination of outside market influences pressured the commodity markets. The stock market on Thursday plunged more than 500 points over U.S. economy concerns; this was the worst day for the Dow since Oct. 22, 2008. The U.S. dollar this week was sharply higher, also pressuring grain prices. Despite outside market negativity on Friday morning the live cattle market traded $4-5 higher on live sales in the Southern Plains with Texas $4.50 higher at $113 and Kansas $4-5 higher at $111 to mostly $112. In Nebraska live sales were $3 higher trading at $113 and dressed sales $4-5 dollars higher at $178-180. Feedlots had to be encouraged by record high pork cutouts as they had seven consecutive days of record level prices. On Aug. 4 the Iowa-Minnesota weighted average carcass price was trading at $107.74. Competitive protein prices should be supportive to the entire meat complex. This week's reported auction volume included 40 percent over 600 lbs. and 40 percent heifers.


This week Last week Last year

158,700 168,100 186,500

WASHINGTON 1,100. 70 pct over 600 lbs. 42 pct heifers. Steers: Medium and Large 1-2 550-600 lbs. $127.21; 800-850 lbs. $118.23; 950-1000 lbs. $115.73. Holsteins: Large 3 300-350 lbs. $114.99; pkg 950 lbs. $93. Heifers: Medium and Large 1-2 pkg 545 lbs. $127.75; 550-600 lbs. $121.73; 650-700 lbs. $114.60; 700-750 lbs. $117.21; pkg 798 lbs. $121.50; 850-900 lbs. $116.31.


This week Last week Last year

49,300 49,500 78,600

SOUTHWEST (Arizona-California-Nevada) There were no direct sales reported.

NORTHWEST (Washington-Oregon-Idaho) 2,100. 52 pct over 600 lbs. 38 pct heifers. Steers: Medium and Large 1-2 Current 800-850 lbs. $123 Oregon; October-November 550-600 lbs. $140-148 Washington-Idaho; October 650-700 lb. calves $134 Oregon; 900 lbs. $123 Oregon. Holsteins: Large 2-3 Current 300 lbs. $120 Idaho. Heifers: Medium and Large 1-2 October-November 500-600 lbs. $135-136 Idaho; October 600-650 lb. calves $128-138 Oregon; 850 lbs. $119 Oregon.


(USDA Market News)

Moses Lake, Wash.

Aug. 5

This week Last week Last year

2,100 6,520 3,450

Compared to last week, feeder steers and heifers 3-4 lower in a light test. Trade slow with light to moderate demand as most interests have their needs met for the time being. The feeder supply included 62 percent steers and 38 percent heifers. Near 52 percent of the supply weighed over 600 lbs. Prices are FOB weighing point with a 1-4 percent shrink or equivalent and with a 5-10 cent slide on calves and a 3-6 cent slide on yearlings.

Steers: Medium and Large 1-2 FOB: 800-850 lbs. $123 Oregon. Future FOB: 550-600 lbs. $140-148 for October-November Washington-Idaho; 650-700 lbs. $134 calves for October Oregon; 900 lbs. $123 for October Oregon.

Holstein Steers: Large 2-3 FOB: 300 lbs. $120 Idaho.

Heifers: Medium and Large 1-2 Future FOB: 500-600 lbs. $135-136 for October-November Idaho; 600-650 lbs. $128-138 calves for October Oregon; 850 lbs. $119 for October Oregon.


(Federal-State Market News)

Oklahoma City-Des Moines

Aug. 5

Compared to last week: Packer demand turned good late Friday morning. Slaughter cattle sold $4-5 higher. Feed yards held out for a market that was more in line with the August Live contract. Feeders had things in their corner this week as show-lists were lighter. Beef demand remains fairly good as prices weakened some. Boxed beef prices Friday morning averaged $171.30 down $.96 from last Friday. The Choice/Select spread is at $3.52. Slaughter cattle on a national basis for negotiated cash trades through Friday morning totaled about 75,000 head. Last week's total head count was 124,421.

Midwest Direct Markets: Live Basis: Steers and Heifers 35-80 Percent Choice, 1200-1400 lbs. $113 Dressed Basis: Steers and Heifers: $178-180

South Plains Direct Markets: Live Basis: Steers and Heifers 35-65 percent Choice, 1100-1400 lbs. $111-113, few $113.50

Slaughter Cows and Bulls (Average Yielding Prices): Slaughter cows and bulls sold mostly steady.

USDA's Cutter cow carcass cut-out value Friday morning was $145.12 down $1.42 from last Friday.

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