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Feeder
Cattle Prices Suffer
Sharp Declines Across Nation
ST. JOSEPH, Mo. —(USDA)— Compared to the last good market
test the week ending December 19 and before the first positive case of
BSE in the United States was reported, feeder and stocker cattle
prices trended $5-15 lower across the country.
The sharpest declines were posted early
in the week, mostly on heavier yearlings weighing more than 700
pounds. Losses were not as severe on calves, and late-week auctions
experienced higher prices and more liberal receipts.
The
salebarns that held auctions early in the week were basically guinea
pigs. In many cases the spectators outnumbered the cattle as producers
and buyers crowded sales arenas in search of some kind of market
value, following a long holiday season and the heavily publicized case
of BSE in a
Washington
state dairy cow. Most folks were pleased with what they witnessed, as
prices were not nearly as bad as many had feared.
By Thursday, producers were starting to
feel secure enough to ship cattle and the Joplin Regional Stockyards
offered 6000 head for their Wean-Vac Special. However, nationwide
auction receipts were still only 25 percent of the same week a year
ago and direct totals were only 20 percent, far too few to establish a
market.
The lack of feeder cattle marketing
over the last three weeks is sure to cause heavy receipts in the near
future. The Oklahoma National Stockyards are already 11,000 head
behind last year and barren wheat pastures are expected to force
additional supplies to market much earlier than usual in the hard red
winter region. But at the same time, the large volume feeder buyers
have also been on hiatus and are bound to need feedlot replacements to
put through the system. It will be interesting to see if the outlets
get clogged before the glut of feeders is sold.
Attitudes are much better heading into
the second full week of the new year, but there was nowhere to go but
up from the afternoon of December 23. Both live and feeder cattle
futures made handsome advances, and by Wednesday feedlots were turning
down higher packer bids.
Offerings weighing more than 600 pounds
made up 45 percent of the week’s reported auction volume, and 42
percent were heifers.
Auction
receipts totaled 112,600 head, the previous week 2400 and last year
435,800.
Texas
6700 head. Steers, medium and large No. 1 300-350 lbs. $112.49,
350-400 lbs. $110.44, 400-450 lbs. $104.67, 450-500 lbs. $98.74,
500-550 lbs. $94.12, 550-600 lbs. $90.28, 600-650 lbs. $88.15, 650-700
lbs. $86.47, 700-750 lbs. $86.48, 750-800 lbs. $85.82; heifers, medium
and large No. 1 300-350 lbs. $101.72, 350-400 lbs. $99.14, 400-450
lbs. $96.87, 450-500 lbs. $93.97, 500-550 lbs. $88.79, 550-600 lbs.
$86.08, 600-650 lbs. $83.24, 650-700 lbs. $82.14.
Oklahoma
6900 head. Steers, medium and large No. 1 400-450 lbs. $113.84,
450-500 lbs. $107.33, 500-550 lbs. $99.94, 550-600 lbs. $95.38,
600-650 lbs. $89.51, 650-700 lbs. $87.53, 700-750 lbs. $88.12, 750-800
lbs. $87.53, 800-850 lbs. $84.99, 850-900 lbs. $84.66; heifers, medium
and large No. 1 350-400 lbs. $104.46, 400-450 lbs. $99.05, 450-500
lbs. $93.83, 500-550 lbs. $87.23, 550-600 lbs. $86.26, 600-650 lbs.
$83.70, 650-700 lbs. $82.06, 700-750 lbs. $81.77, 750-800 lbs. $82.55.
New
Mexico
1700 head. Steers, medium and large No. 1 350-400 lbs. $116.83,
400-450 lbs. $109.95, 450-500 lbs. $106.70, 500-550 lbs. $96.61;
Holsteins
,
large No. 3 350-400 lbs. $89.47, 400-450 lbs. $88.27, 450-500 lbs.
$85.61; heifers, medium and large No. 1 300-350 lbs. $104.89, 350-400
lbs. $100.01, 400-450 lbs. $102.99.
Kansas
4100 head. Steers, medium and large No. 1 450-500 lbs. $115.23,
500-550 lbs. $108.82, 550-600 lbs. $104.56, 600-650 lbs. $97.18,
650-700 lbs. $95.09, 700-750 lbs. $90.13, 750-800 lbs. $88.33, 800-850
lbs. $87.69, 850-900 lbs. $85.54; heifers, medium and large No. 1
400-450 lbs. $101.06, 450-500 lbs. $101.84, 500-550 lbs. $94.10,
550-600 lbs. $93.80, 600-650 lbs. $86.20, 650-700 lbs. $86.45, 700-750
lbs. $84.18, 750-800 lbs. $85.11, 800-850 lbs. $84.80.
Missouri
17,100 head. Steers, medium and large No. 1 300-350 lbs. $117.19,
350-400 lbs. $117.07, 400-450 lbs. $110.70, 450-500 lbs. $106.64,
500-550 lbs. $100.36, 550-600 lbs. $96.43, 600-650 lbs. $91.54,
650-700 lbs. $89.30, 700-750 lbs. $87.63, 750-800 lbs. $88.23, 800-850
lbs. $84.52, 850-900 lbs. $82.69; Holsteins, large No. 3 300-350 lbs.
$84.96; heifers, medium and large No. 1 300-350 lbs. $105.14, 350-400
lbs. $103.63, 400-450 lbs. $99.81, 450-500 lbs. $99.13, 500-550 lbs.
$91.09, 550-600 lbs. $90.26, 600-650 lbs. $86.79, 650-700 lbs. $84.51,
700-750 lbs. $82.76, 750-800 lbs. $81.35, 800-850 lbs. $80.64.
Iowa
17,700 head. Steers, medium and large No. 1 300-350 lbs. $117.03,
350-400 lbs. $118.12, 400-450 lbs. $114.14, 450-500 lbs. $108.72,
500-550 lbs. $103.78, 550-600 lbs. $99.97, 600-650 lbs. $95.27,
650-700 lbs. $90.07, 700-750 lbs. $88.51, 750-800 lbs. $85.71, 800-850
lbs. $87.16, 850-900 lbs. $82.93; heifers, medium and large No. 1
300-350 lbs. $107.05, 350-400 lbs. $103.37, 400-450 lbs. $100.20,
450-500 lbs. $96.07, 500-550 lbs. $92.96, 550-600 lbs. $89.21, 600-650
lbs. $87.04, 650-700 lbs. $85.29, 700-750 lbs. $82.88, 750-800 lbs.
$84.50, 800-850 lbs. $82.17.
Nebraska
2900 head. Steers, medium and large No. 1 450-500 lbs. $115.60,
550-600 lbs. $102.21, 600-650 lbs. $98.85, 650-700 lbs. $89.39,
700-750 lbs. $89.83, 750-800 lbs. $88.63, 800-850 lbs. $85.97;
heifers, medium and large No. 1 450-500 lbs. $117.35, 500-550 lbs.
$107.37, 550-600 lbs. $95.69, 600-650 lbs. $84.11, 650-700 lbs.
$88.24, 700-750 lbs. $89.35, 750-800 lbs. $85.13, 800-850 lbs. $84.09.
Colorado
2700 head. Steers, medium and large No. 1 400-450 lbs. $107.43,
450-500 lbs. $103.34, 550-600 lbs. $101.33, 600-650 lbs. $93.39,
650-700 lbs. $87.50, 700-750 lbs. $84.80, 785 lbs. $85, 850-900 lbs.
$85.15; Holsteins, large No. 2-3 350-400 lbs. $91.98, 400-450 lbs.
$86.49, 500-550 lbs. $73.49, 550-600 lbs. $72.04, 700 lbs. $68.25;
large No. 3 350-400 lbs. $81.27; heifers, medium and large No. 1
400-450 lbs. $95.97, 450-500 lbs. $98.18, 500-550 lbs. $95.72, 550-600
lbs. $91.04, 600-650 lbs. $85.26, 650-700 lbs. $83.96, 705 lbs.
$82.10, 800-850 lbs. $82.01.
Wyoming
700 head. Steers, medium and large No. 1 350-400 lbs. $121.09, 450-500
lbs. $113.14, 600-650 lbs. $93.64; heifers, medium and large No. 1
450-500 lbs. $107.21, 500-550 lbs. $100.42, 550-600 lbs. $91.98.
Dakotas
12,200 head. Steers, medium and large No. 1 400-450 lbs. $117.07,
450-500 lbs. $110.61, 500-550 lbs. $102.62, 550-600 lbs. $99.01,
600-650 lbs. $94.10, 650-700 lbs. $91.24, 700-750 lbs. $88.86, 750-800
lbs. $87.41, 800-850 lbs. $86.78, 850-900 lbs. $85.09; heifers, medium
and large No. 1 400-450 lbs. $105.63, 450-500 lbs. $103.63, 500-550
lbs. $99.27, 550-600 lbs. $92.69, 600-650 lbs. $88.88, 650-700 lbs.
$87.78, 700-750 lbs. $84.87, 750-800 lbs. $85.14, 800-850 lbs. $82.02,
850-900 lbs. $80.42.
Montana
700 head. Heifers, medium and large No. 1 450-500 lbs. $104, 550-600
lbs. $95.75.
Washington
1800 head. Steers, medium and large No. 1-2 450-500 lbs. $111.01,
550-600 lbs. $96.03, 600-650 lbs. $96.40, 650-700 lbs. $94.61, 700-750
lbs. $92.29; Holsteins, large No. 2-3 700-750 lbs. $77.75; heifers,
medium and large No. 1-2 550-600 lbs. $92.36, 600-650 lbs. $89.61,
650-700 lbs. $87.17, 700-750 lbs. $87.43, 750-800 lbs. $85.50.
Virginia
600 head. Steers, medium and large No. 1 450-500 lbs. $97.68, 550-600
lbs. $92.15, 600-650 lbs. $86.53; heifers, medium and large No. 1
550-600 lbs. $85.24.
Carolinas
3400 head. Steers, medium and large No. 1-2 200-250 lbs. $96-114,
250-300 lbs. $99-111, 300-350 lbs. $94-105, 350-400 lbs. $92-100,
400-450 lbs. $90-104, 450-500 lbs. $87-97, 500-550 lbs. $87-94,
550-600 lbs. $80.50-90, 600-700 lbs. $77.50-87, 700-800 lbs. $70-79;
heifers, medium and large No. 1-2 200-250 lbs. $85-102, 250-300 lbs.
$85-102, 300-350 lbs. $86-99, 350-400 lbs. $84-93, 400-450 lbs.
$80-90, 450-500 lbs. $78-86, 500-550 lbs. $77-88, 550-600 lbs. $74-85,
600-700 lbs. $70-78, 700-800 lbs. $66-74, 800-900 lbs. $58-69.
Kentucky
7000 head. Steers, medium and large No. 1 300-350 lbs. $100-110,
350-400 lbs. $94-104, 400-450 lbs. $94-104, 450-500 lbs. $87-97,
500-550 lbs. $87-97, 550-600 lbs. $82-92, 600-700 lbs. $80-88, 700-800
lbs. $77-86, 800-900 lbs. $75-83.50; Holsteins, large No. 3 400-500
lbs. $64-66.50, 500-600 lbs. $64-66.50, 600-700 lbs. $63-64; heifers,
medium and large No. 1 300-350 lbs. $87-97, 350-400 lbs. $83-93,
400-450 lbs. $82-92, 450-500 lbs. $81-91, 500-600 lbs. $75-86, 600-700
lbs. $72-82, 700-800 lbs. $73-82.75.
Tennessee
4300 head. Steers, medium and large No. 1-2 200-300 lbs. $103-136,
300-350 lbs. $106-120, 350-400 lbs. $98-115, 400-450 lbs. $96-110,
450-500 lbs. $92-102.50, 500-550 lbs. $89-95, 550-600 lbs. $84-94.50,
600-700 lbs. $78-89; heifers, medium and large No. 1-2 200-300 lbs.
$104-110, 300-350 lbs. $91-107, 350-400 lbs. $84-105, 400-450 lbs.
$82-95, 450-500 lbs. $80-91, 500-550 lbs. $80-89, 550-600 lbs. $75-83,
600-700 lbs. $74-81.
Arkansas
5500 head. Steers, medium and large No. 1 300-350 lbs. $112.58,
350-400 lbs. $109.14, 400-450 lbs. $106.26, 450-500 lbs. $99.78,
500-550 lbs. $96.87, 550-600 lbs. $93.40, 600-650 lbs. $89.95, 650-700
lbs. $86.94, 700-750 lbs. $84.07, 750-800 lbs. $83.51, 800-850 lbs.
$76.53; heifers, medium and large No. 1 300-350 lbs. $99.97, 350-400
lbs. $98.33, 400-450 lbs. $94.87, 450-500 lbs. $91.72, 500-550 lbs.
$88.99, 550-600 lbs. $86.30, 600-650 lbs. $83.61, 650-700 lbs. $82.75,
700-750 lbs. $76.72, 750-800 lbs. $78.15.
Louisiana
1900 head. Steers, medium and large No. 1-2 200-250 lbs. $118-127,
250-300 lbs. $110-117, 300-350 lbs. $106-114, 350-400 lbs. $103-112,
400-450 lbs. $99-109, 450-500 lbs. $91-101, 500-600 lbs. $85-95;
heifers, medium and large No. 1-2 250-300 lbs. $98-107, 300-350 lbs.
$96-106, 350-400 lbs. $93-103, 400-450 lbs. $90-101, 450-500 lbs.
$89-96, 500-550 lbs. $85-93, 550-600 lbs. $80-88.
Mississippi
2100 head. Steers, medium and large No. 1-2 200-300 lbs. $130-140,
300-350 lbs. $110-120, 350-400 lbs. $97-111, 400-450 lbs. $100-110,
450-500 lbs. $92-101, 500-600 lbs. $93-103, 600-700 lbs. $85-95;
heifers, medium and large No. 1-2 200-300 lbs. $110-120, 300-400 lbs.
$98-108, 400-500 lbs. $90-100, 500-600 lbs. $85-95, 600-700 lbs.
$80-90.
Alabama
6100 head. Steers, medium and large No. 1 300-400 lbs. $110-121,
400-500 lbs. $99-110, 500-600 lbs. $90-101; heifers, medium and large
No. 1 200-300 lbs. $120-124, 300-350 lbs. $106-115, 350-400 lbs.
$98-106, 400-450 lbs. $94-103, 450-500 lbs. $90-99, 500-550 lbs.
$87-94, 550-600 lbs. $84-89, 600-650 lbs. $78-85.
Georgia
3300 head. Steers, medium and large No. 1-2 200-250 lbs. $120-132,
250-300 lbs. $115-125, 300-350 lbs. $105-120, 350-400 lbs. $100-115,
400-450 lbs. $95-109, 450-500 lbs. $90-100, 500-550 lbs. $85-95,
550-600 lbs. $80-90, 600-650 lbs. $77-85; heifers, medium and large
No. 1-2 250-300 lbs. $100-110, 300-350 lbs. $95-108, 350-400 lbs.
$88-98, 400-450 lbs. $86-96, 450-500 lbs. $85-92, 500-550 lbs. $82-91,
550-600 lbs. $76-86, 600-650 lbs. $74-84, 650-700 lbs. $73-83.
Florida
3200 head. Steers, medium and large No. 1-2 200-250 lbs. $130-142,
250-300 lbs. $118-138, 300-350 lbs. $110-125, 350-400 lbs. $103-117,
400-450 lbs. $95-106, 450-500 lbs. $92-104, 500-550 lbs. $88-100,
550-600 lbs. $82-92; heifers, medium and large No. 1-2 200-250 lbs.
$108-125, 250-300 lbs. $102-115, 300-350 lbs. $95-108, 350-400 lbs.
$88-100, 400-450 lbs. $86-96, 450-500 lbs. $83-93, 500-550 lbs.
$80-86, 550-600 lbs. $76-82.
Direct
receipts totaled 15,300 head, the previous week 9100, last year
75,000.
Texas
3200 head. Steers, medium and large No. 1 750 lbs. $87; 600-650 lbs.
delivered $90, 700-750 lbs. $87; heifers, medium and large No. 1
700-750 lbs. $84; 550-600 lbs. delivered $86.50, 650-700 lbs. $83.50;
700-750 lbs. $1 over May CME board.
New
Mexico
1300 head. Steers, medium and large No. 1 400 lbs. $110; heifers,
medium and large No. 1 400 lbs. $103.
Kansas
2900 head. Steers, medium and large No. 1-2 750 lbs. $82; 525 lbs.
delivered $98.50, 700-750 lbs. $86.25-87.25; heifers, medium and large
No. 1 610 lbs. $92.25, 674 lbs. $98.75, 920 lbs. $88; 550 lbs. for
February delivery $96.
Colorado
800 head. Steers, medium and large No. 1 850 lbs. delivered $86.50;
heifers, medium and large No. 1 750 lbs. delivered $82.50.
Wyoming
700 head. Steers, medium and large No. 1 775 lbs. $100, 800-835 lbs.
$85-86; heifers, medium and large No. 1 725 lbs. $97.
Dakotas
500 head. Steers, medium and large No. 1 750 lbs. $88; 792 lbs.
delivered $86; heifers, medium and large No. 1 700 lbs. $85.
Southwest 5000 head.
Holstein
steers, large 2-3 275 lbs. current through January $118-140, February
through March $129-140, March through April $140-145.
Northwest 100 head. Steers, medium and large No. 1-2 500 lbs.
$108.
Kentucky
800 head. Steers, medium and large No. 1-2 700-800 lbs. $81-84,
800-850 lbs. $79-80; heifers, medium and large No. 1-2 625-710 lbs.
$79-82.
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