AND STOCKER CATTLE
(Federal-State Market News)
St. Joseph, Mo.
RECEIPTS: Auctions Direct Video/Internet Total This Week 190,400 53,800 72,800 317,000 This Week 233,200 92,000 2,000 327,200 Year Ago 205,400 53,300 18,600 277,300 Compared to last week, steers and heifers sold uneven; 2.00 lower to 2.00 higher. New crop fall calves have been noticed at auctions this week with many unweaned comments used. Feeder calves and stocker calves under 800 lbs, especially those carrying a minimal amount of flesh showed the way with the best demand. Buyers continue to shy away from cattle carrying too much flesh condition for their weight. Another “bomb cyclone” made its way from Colorado up through Nebraska, South Dakota and Minnesota. Many late week auctions in Nebraska cancelled or rescheduled sales as they are living through the second one of them in a month. Areas received less snow than expected, however high winds created white out conditions and deposited snow where ranchers really didn’t need it. After the second winter in a row that just doesn’t seem to end, farmers and ranchers in the Midwest and Plains are ready for warmer weather so they can get some much-needed field work done. Forage supplies are bound to be depleted in many areas after the amount of forage that has been fed in the last two winters. Grass is slow to come even though temperatures were higher the first of this week, however freeze and frost warnings in the Plains this week brings us back to reality. Less open cows will be retained after this winter’s calving season and cow prices have been higher at auctions this week after trending lower for a couple weeks. It appears that many distressed cows from the first “bomb cyclone” have made their way to market. There is bound to be more weight loss of nearly finished cattle throughout the Northern Plains and just how much lost will be evident in the coming months as calf-feds get closer to harvest. Currently, cattle are not meeting their projected out-weights and cost of gains are higher than anticipated just a few short months ago. Boxed-beef prices have shown some interest from retailers to turn the cut-out higher this week. For the week, the Choice cutout closed 1.91 higher at 228.84, while Select was 0.74 higher at 221.02. Cattle Slaughter under federal inspection estimated at 634K for the week, 13K more than last week and 23K more than a year ago. Auctions Receipts: 190,400 Last Week 233,200 Last Year 205,400
Northwest Weighted Average Direct Feeder Cattle Weekly Summary WA-OR-ID-UT
Receipts: 286 Last Week: 7,526 Year Ago: 1,352 Compared to last week: Feeder steers 2.00 lower on limited sales. Too lightly tested for feeder heifers. Demand moderate. Supply consisted of 100 percent over 600 lbs. and 36 percent heifers. Unless otherwise stated prices are FOB weighting points with 2-3 percent shrink or equivalent and a 5-10 cent slide on calves and a 4-12 cent slide on yearlings from base weights. Current sales are up to 14 days delivery. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 47 825 825 140.00 140.00 Current Del 100 850 850 137.00 137.00 Apr-May Del 35 850 850 138.00 138.00 Apr-May Del Split Loads Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 69 870 870 128.00 128.00 Current Del 35 800 800 134.00 134.00 Apr-May Del Split Loads