AND STOCKER CATTLE
(Federal-State Market News)
St. Joseph, Mo.
RECEIPTS: Auctions Direct Video/Internet Total This Week 206,300 48,000 2,800 257,100 Last Week 204,000 63,400 36,900 304,300 Last Year 265,100 44,600 1,600 311,300 Compared to last week, steers and heifers sold 1.00 to 5.00 lower in the North and South-Central regions, while the Southeast was quoted mostly steady. Grazing cattle out of the Southeast were the greatest in demand this week. Feedyards were tepid in taking on more cattle this week. More precipitation and/or blizzard-like conditions late this week bombarded a widespread area of the Plains. High winds from the Texas Panhandle to Western Nebraska brought treacherous conditions for truckers as some bull boxes decided to err on the side of caution and wait out the storm. This week's receipts were curtailed again this week due to either reduced or cancelled sales in Nebraska and the Dakotas as an intense storm ripped through Rockies and into the Central and Northern Plains. Low-lying areas that feed the MO River are inundated with moisture and the frozen ground underneath can't absorb any more precipitation. The Missouri River at Plattsmouth, NE hit a record high of 37.15 feet Thursday night, exceeding the previous record high set in 2011 of 36.73 feet. A "bomb cyclone" occurred when the barometric pressure fell at least 24 millibars in a 24-hour period. All this happening as the winter of 2018-2019 just continues to drag on. For those cow-calf producers that starting calving four to six weeks ago, this winter has been extremely taxing emotionally and physically. Physical demands of this winter left some ranchers working 24/7, only to hope and catch a nap here and there if they can get away to a warm cozy place. Cow-calf producers in Nebraska, Kansas, South Dakota and Missouri are poised to wean a calf crop that will fall way short of perfect this fall. Anecdotes of cattleman losing 10-25 percent of their calf crop is commonplace this year, even for some of the cattlemen that normally have a 95+ percent at the end of calving season. With the abundance of moisture this winter, one would expect an excellent hay crop year; that is very much needed after the last two winters. In the middle of the country, grass typically starts turning green the middle March, however with the excessive cold and snow just leaving now, it may take a little longer than normal to turn cows out to graze. On Monday at Callaway Livestock Center in Kingdom City, MO short half load of yearling steers weighing 708 lbs sold at 165.50 and at the St Joseph Stockyards (MO), a half load of yearling steers weighing 754 lbs sold at 157.25. For the week, the Choice cutout closed 0.86 higher at 226.99, while Select was 1.44 lower at 217.34. Cattle Slaughter under federal inspection estimated at 593K for the week, 10K less than last week and 8K less than a year ago. Auction volume this week included 55 percent weighing over 600 lbs and 43 percent heifers. Auctions Receipts: 206,300 Last Week 204,000 Last Year 225,100
Northwest Weighted Average Direct Feeder Cattle
Weekly Summary WA-OR-ID-UT March 15
Receipts: 1950 Last Week: 517 Year Ago: 0 Compared to last week: Feeder steers and heifers too lightly tested last week for a accurate trend. Feedlots supply included 0 percent over 600 lbs and 0 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 70 750 750 148.00 148.00 Current Del Split Loads 396 850-875 870 136.00-142.00 137.12 Current Del Split Loads 160 875 875 137.00 137.00 Mar-Apr Del Split Loads Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price Delivery 120 700-725 710 142.00 142.00 Current Del Split Loads 100 825 825 129.00 129.00 Current Del 300 825 825 131.00 131.00 Current Del Split Loads 574 850-880 876 130.00-133.00 132.62 Current Del 230 825 825 130.00 130.00 Mar-Apr Del Split Loads