Missouri Weekly Weighted Average Feeder Cattle Report

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Jefferson City, MO    Fri Apr 29, 2016    MO Dept of Ag Market News Service

Missouri Weekly Weighted Average Feeder Cattle Report – Week Ending 4/29/16

Receipts:  25,038    Last Week:  30,922    Last Year:  32,622            

   Compared to last week, feeder steers and heifers statewide sold mostly 
5.00 lower. Locally some auctions found a few instances of slightly steady 
to slightly stronger markets on certain classes or types of cattle and there 
was also other spots were the market was 10.00 lower. Last week’s cattle on 
feed report really cannot be classified as bullish but maybe at least it was 
not quite as bearish as it could have been. Numbers were not quite as high as 
most estimates had predicted. Even though the cattle on feed number was reported 
at over 300,000 head which is the largest number reported since summer of 2009. 
It has been really hard for the market to find any footing during this down 
cycle the but there is still some optimism that warmer weather and gilling will 
help a bottom be found. There certainly are a few factors that can be viewed as 
positive; the amount of beef imported this year has been lower, amount of beef 
in cold storage is lower, and huge slaughter numbers should help avoid over 
flowing pens of extremely heavy cattle. All are good signs but only if product 
can be moved at a steady pace. The number of heifers in the feedlots is 
increasing which suggest that herd expansion is at least slowing down. Even 
with some rain and scattered storms dryness is becoming a concern as pastures 
and hayfields just don’t look all that great. The situation can change very 
fast but there sure is an overwhelming amount of concern about the possibility 
of a dry summer. The supply of feeders was moderate to receipts at local auctions 
have finally started to lighten up which is pretty typical as farmers make it to 
planting each year. Over 80% of the corn crop has been planted with nearly all of 
that done in the last two weeks. Feedlot trade developed on Thursday following an 
extremely large volume last week, live sales were at 124.00 2.00 to 3.00 lower 
and dressed 196.00 which was 4.00 lower than the huge losses last week. 


                     Feeder Steers Medium and Large 1                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         15   250-275      264    171.00-217.50     204.48                

         84   300-348      326    177.50-219.50     198.79                
        191   350-398      379    175.00-211.00     191.85                

        500   400-449      429    160.00-198.25     180.82                
         17   410-441      428    160.00-169.00     164.91 Fleshy         
        775   450-499      471    145.00-197.50     175.70                
         40   454-495      474    150.00-168.00     160.19 Fleshy         
         11   452-461      458    157.00-180.00     165.26 Thin Fleshed   

        860   500-548      521    145.00-188.00     170.89                
         46   500-545      524    152.00-169.00     159.16 Fleshy         
        984   550-598      570    141.00-181.00     164.64                
         24   552-582      572       176.00         176.00 Fancy          
         75   555-598      573    139.50-155.00     150.12 Fleshy         

        333   600-649      627    140.00-175.00     157.23                
         60   605-635      620    142.00-161.00     151.54 Calves         
         58   602-648      627    138.00-154.00     146.06 Fleshy         
        331   650-698      672    138.50-175.00     151.43                
         12   668-680      672    133.00-141.00     138.30 Calves         
         82   653-698      684    133.00-151.50     146.61 Fleshy         
         21     669        669       162.50         162.50 Thin Fleshed   

        108   700-746      722    126.00-161.00     147.64                
         29   710-747      727    130.00-144.00     134.98 Fleshy         
         71   750-797      772    125.25-145.50     138.40                

        184   800-831      822    130.00-142.60     137.63                
         17   860-875      864    127.00-135.00     132.40                

         33   913-938      922    130.75-132.75     131.79                
         18   955-972      968    124.50-125.00     124.86                

                          Feeder Steers Large 1                           
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         22     472        472    170.00-178.00     176.55                
         46   555-568      558    146.00-162.00     157.09                
         24   629-640      636    140.00-166.00     153.07                
         11   656-694      680    142.50-147.00     144.08                
         16   778-792      782    135.75-140.00     138.66                

                         Feeder Steers Large 1-2                          
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         10   768-798      780    137.00-138.00     137.59                

                         Feeder Steers Medium 1-2                         
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         15   419-422      421    164.00-165.00     164.67                

                    Feeder Steers Medium and Large 1-2                    
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         63   300-348      326    152.00-207.00     182.36                
        154   350-398      375    150.00-198.00     177.55                
        197   400-448      428    150.00-186.00     172.01                
         31   402-435      424    174.00-194.00     182.20 Thin Fleshed   
        236   452-499      477    135.00-185.00     163.75                
         13   467-490      478    165.00-178.00     171.84 Thin Fleshed   
        304   500-549      519    135.00-174.00     157.94                
         37   503-547      514    172.00-177.00     175.70 Thin Fleshed   
        249   550-598      574    140.50-171.00     158.27                
         15   564-591      576    146.00-147.50     146.76 Fleshy         
         37   556-594      579    150.00-175.00     166.33 Thin Fleshed   
        110   600-644      624    121.00-164.00     152.61                
        190   650-695      676    121.00-166.00     150.43                
        167   700-749      730    133.00-150.75     142.17                
        144   753-798      772    130.00-145.00     137.86                
         37   776-794      786    134.00-139.75     136.61 Thin Fleshed   
         17   821-849      831    125.00-134.50     130.82                
         18   856-878      860    129.00-135.00     130.02                
         15   926-948      934    120.50-124.25     123.15                
         13     933        933       128.50         128.50 Full           
         64   957-985      972    122.50-126.00     124.38                

                     Feeder Steers Medium and Large 2                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         13   374-388      381    160.00-165.00     161.35                
         20   560-595      579    127.00-150.00     142.70                
         10   604-620      613    138.00-149.00     143.85                
         49     764        764       142.50         142.50                
         65     886        886       129.00         129.00                

                         Feeder Steers Medium 2-3                         
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         65     840        840       126.85         126.85                

                      Feeder Holstein Steers Large 3                      
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         11   277-286      284    125.00-129.00     126.07                
         42   308-345      335    119.00-130.00     126.30                
         48   363-399      383    120.00-128.00     126.31                
         10     445        445       126.00         126.00                
         30   450-498      483    100.00-114.00     108.34                
         40   505-543      517    100.00-115.00     108.65                
         29   561-596      586     98.00-104.50     102.86                
         37   607-640      618     96.50-105.00     101.08                
         29   653-698      673     90.00-105.00      96.30                
         36   712-745      737     90.00-100.00      93.75                
         42   755-781      767     90.00-97.50       95.72                
         36   807-843      829     85.00-100.00      95.51                
         76   901-948      905     98.00-101.00     100.14                
         12     953        953        97.50          97.50                

                    Feeder Heifers Medium and Large 1                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         27   253-295      272    150.00-194.00     178.29                

         99   300-348      329    147.00-192.00     171.65                
        238   352-398      375    145.00-185.00     166.93                
         22   380-389      387    172.50-174.00     173.67 Thin Fleshed   

        674   400-449      426    140.00-179.00     161.35                
         14   433-445      439    140.00-155.00     145.71 Fleshy         
        833   450-499      477    138.00-165.00     154.00                
         24   450-490      475    137.00-150.25     145.38 Fleshy         

        598   500-549      525    136.00-166.00     150.34                
         34   501-545      524    132.00-148.50     139.71 Fleshy         
        528   550-598      570    126.00-162.85     148.26                
        106   550-595      561    130.00-149.00     139.98 Fleshy         

        304   600-649      622    118.00-155.00     144.32                
         28   600-633      626    130.00-139.50     134.32 Fleshy         
        196   650-698      671    121.00-150.00     140.24                
         12     668        668       127.00         127.00 Fleshy         

        126   700-749      725    122.00-146.00     135.64                
         23   752-769      763    124.00-134.50     130.01                

         10   819-845      827       143.00         143.00 Replacement    
         33   857-899      871    121.00-125.00     122.66                

         17   911-944      927       121.00         121.00                

                          Feeder Heifers Large 1                          
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         10   356-395      368    148.00-166.50     160.54                
         11   413-415      414    155.00-156.00     155.55                
         31     475        475    147.00-155.00     151.90                
         12   500-518      509    142.00-153.00     147.60                
         13     535        535       138.00         138.00 Fleshy         
         36   568-572      571    135.00-142.50     140.43 Fleshy         
         17     616        616       142.00         142.00                
         11     788        788       123.50         123.50                

                         Feeder Heifers Large 1-2                         
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         13   757-770      760    114.50-137.00     131.74                

                        Feeder Heifers Medium 1-2                         
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         10     472        472       145.00         145.00                
         10   665-690      673    120.00-127.00     124.85                

                   Feeder Heifers Medium and Large 1-2                    
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         15   260-299      284    154.00-171.00     164.85                
         17   272-289      284    176.00-183.50     178.11 Thin Fleshed   
         66   300-345      325    140.00-170.00     159.55                
        158   350-396      370    140.00-177.00     159.06                
         13   393-397      396    151.00-157.50     156.01 Fleshy         
        233   400-448      429    125.00-160.25     148.80                
         16   408-440      414    160.00-174.00     168.90 Thin Fleshed   
        325   450-499      473    125.00-165.00     145.98                
         37   470-494      480    149.00-162.00     156.66 Thin Fleshed   
        294   500-549      523    120.00-150.00     141.37                
        275   550-598      574    127.00-149.50     140.79                
        226   600-649      620    129.00-143.50     138.49                
        127   650-697      669    116.00-153.50     137.57                
        181   700-741      730    115.00-140.00     133.51                
        146   755-797      767    118.00-139.00     131.03                
         16     779        779       130.00         130.00 Replacement    
         24   811-848      824    110.00-130.00     122.06                
         24   856-895      860    119.00-122.25     121.31                

                    Feeder Heifers Medium and Large 2                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         10     298        298       160.00         160.00                
         10   353-395      377    145.00-155.50     151.08                
         17   400-448      421    133.00-145.50     139.20                
         21   467-495      482    125.00-165.00     138.11                
         12   502-532      518    128.00-130.00     129.51                
         18   614-642      625    120.00-137.50     127.86                
         47   718-749      740       128.00         128.00                

                        Feeder Heifers Medium 2-3                         
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         10     800        800       117.50         117.50                

                         Feeder Heifers Medium 3                          
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         10     417        417       111.50         111.50                

                     Feeder Bulls Medium and Large 1                      
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         37   358-395      380    165.00-201.00     185.90                
         52   400-445      424    145.00-184.00     166.42                
         92   458-499      475    145.00-174.00     156.50                
         92   500-548      518    140.00-167.00     151.11                
         28   550-584      568    133.00-150.00     142.23                
         17   609-635      616    125.00-142.00     133.47                
         13   714-734      722    120.00-130.00     127.08                

                    Feeder Bulls Medium and Large 1-2                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         44   353-386      371    164.00-201.00     183.49                
         73   400-443      425    130.00-180.00     163.17                
        156   456-499      483    127.00-168.00     152.63                
         54   500-548      523    139.50-162.00     149.35                
         54   550-595      569    137.50-146.00     142.26                
         50   600-648      622    129.00-150.00     137.44                
         33   650-695      673    120.00-134.50     130.47                
         11   890-895      891    111.50-121.00     115.68                

Source:  MO Dept of Ag/USDA Market News Service, Jefferson City, MO
         Tony Hancock, Market Reporter, 573-751-5618
         24 Hour Market Report 1-573-522-9244

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