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Texas Panhandle feedlots at presstime were just beginning to move cattle at a basically steady $102, and sales were reported at as much as $106 in Nebraska. The Texas Cattle Feeders Association reported trade just beginning at $102 by midafternoon Wednesday, and many lots were already holding for more. Early bids had been anywhere from $90 to $95 before packers faced up to the inevitable. Panhandle area showlists totaled 49,758 head for the week, down almost 13,000 head, and captives were off 2615 head at 24,259. Direct sales were reported as high as $106 live in Nebraska, dressed deals to $165. Midwest terminals paid $97 to $103 for a typical mix of Select and Choice offerings. Stocker and feeder cattle trading was mixed across the country this week, though most areas ranged from steady to higher depending upon weight and class. Joplin, Mo., sold 6500 head and bucked the general trend with steers selling steady to as much as $6 lower on the light end; heifers were $1-2 lower. A roundup of four Florida auctions was mostly steady on a total of 6262 head. With receipts of 4424 head, La Junta, Colo. went untested on calves and mainly steady on a light run of yearlings. In Texas, Crockett was steady on 2158 head, Three Rivers steady to $2 higher on 2299, and Amarillo steady to $2-3 higher on 2747 head, lighter weights showing the improvement. Hallettsville sold 2158 head but no trend was reported. Feeder weights were steady in a light test at Oklahoma City, calves steady to $3 higher; receipts came to 11,716 head. Best 325-400 pound steer calves brought $125-132.50; 400-500 pounds $105-126, one lot of fancy 455 pounders $130.50; 500-550 pounds $105-121; 550-600 pounds $98-117, mostly $102 and up; 600-650 pounds $96.50-111; 650-700 pounds $96-108; 725 pounds $103.50; yearlings, 555 pounds $112.50; a few 625-700 pounds $104-109; a few 700-800 pounds $103-109; and a lot weighing 815 pounds $103. |
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