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ST. JOSEPH, Mo. —(USDA)— Feeder
cattle and calf prices were sharply higher across the country last
week on much heavier receipts as optimism and confidence returned to
the cattle industry. Calves and stockers weighing under 700
pounds sold $3-7 higher, instances as much as $10 higher as most areas
fully recovered to pre-BSE levels. Yearlings and feeder calves
weighing more than 700 pounds traded $2-5 higher and have rebounded to
within about $6 of mid-December’s market. This is a remarkable recovery
considering a fed cattle market that remains $10 lower than before BSE
was discovered in the United States, despite gaining $4-6 and posting
a few late sales as much as $8 higher. Packers jumped back into the
market with both feet when boxed beef values turned sharply higher. Nationally, packers bought 307,000 head
of fed cattle compared to 191,700 head a week earlier. To do this,
buyers had to raise bids daily, causing some feedlots to sell out
early in the week and then scrape together another showlist to sell at
a higher price later in the week. The feeder cattle market responded to
this activity as calves and yearlings also sold progressively higher,
despite sharply higher grain markets that responded to greater export
demand in the face of increasingly tight global supplies. Most of the feeder activity occurred in
the auction markets; direct trading was slow while country buyers
waited for the market to stabilize. Auction receipts were three times
heavier than the previous week but were still well below the same week
last year. Market uncertainty caused by the BSE
discovery spoiled the salebarn receipts in Colorado for the stock show
specials that annually coincide with the National Western in Denver.
Superior Video’s “Bellringer” offered only 40,000 head compared
to 122,000 head for the same auction last year. Most auctions are
expecting huge receipts for the coming week, especially in the
Midwest, where marketings have already fallen way behind normal
January patterns. Friday’s cattle on feed report was
much as expected, with on-feed numbers six percent higher than last
year and December sales down three percent. However, December
placements were 10 percent more than a year ago and slightly higher
than most had predicted. The on-feed report is not expected to be a
major market mover, as it sometimes is when there are few other
factors affecting prices. The industry is definitely not suffering
from a shortage of those right now. Offerings weighing more than 600 pounds
made up 53 percent of the week’s reported auction volume, and 43
percent were heifers.
Auction
receipts totaled 305,500 head, last week 112,600, last year 403,700.
Texas 21,500 head. Steers, medium and large No. 1 300-350 lbs.
$121.76, 350-400 lbs. $118.87, 400-450 lbs. $110.86, 450-500 lbs.
$105.91, 500-550 lbs. $97.76, 550-600 lbs. $95.97, 600-650 lbs.
$89.54, 650-700 lbs. $88.57, 650-700 lbs. $88.57, 700-750 lbs. $87.48,
750-800 lbs. $86.95, 800-850 lbs. $86.24, 850-900 lbs. $78.89;
heifers, medium and large No. 1 300-350 lbs. $110.99, 350-400 lbs.
$107.20, 400-450 lbs. $102.08, 450-500 lbs. $97.79, 500-550 lbs.
$92.65, 550-600 lbs. $89.71, 600-650 lbs. $85.98, 650-700 lbs. $84.56,
700-750 lbs. $84.16, 750-800 lbs. $82.01, 800-850 lbs. $86.52.
Oklahoma 28,900 head. Steers, medium and large No. 1 300-350
lbs. $129.92, 350-400 lbs. $122.50, 400-450 lbs. $115.71, 450-500 lbs.
$111.45, 500-550 lbs. $104.83, 550-600 lbs. $101.35, 600-650 lbs.
$94.22, 650-700 lbs. $91.14, 700-750 lbs. $89, 750-800 lbs. $88.59,
800-850 lbs. $87.34, 850-900 lbs. $87.05; Holsteins, large No. 3
750-800 lbs. $68.02; heifers, medium and large No. 1 300-350 lbs.
$112.50, 350-400 lbs. $108.18, 400-450 lbs. $103.14, 450-500 lbs.
$97.13, 500-550 lbs. $91.84, 550-600 lbs. $89.23, 600-650 lbs. $87.56,
650-700 lbs. $86.73, 700-750 lbs. $86.36, 750-800 lbs. $84.63, 750-800
lbs. $84.63, 800-850 lbs. $82.37, 850-900 lbs. $81.65.
New Mexico 1700 head. Steers, medium and large No. 1 350-400
lbs. $125.68, 400-450 lbs. $118.36, 500-550 lbs. $101.71, 600-650 lbs.
$92.71, 650-700 lbs. $94.10, 700-750 lbs. $90.06; heifers, 350-400
lbs. $110.13, 400-450 lbs. $104.35, 450-500 lbs. $103.06, 500-550 lbs.
$94.16, 600-650 lbs. $90.09.
Kansas 15,500 head. Steers, medium and large No. 1 300-350 lbs.
$127.20, 400-450 lbs. $118.49, 350-400 lbs. $115.47, 500-550 lbs.
$110.01, 550-600 lbs. $107.07, 600-650 lbs. $101.41, 650-700 lbs.
$96.23, 700-750 lbs. $90.81, 750-800 lbs. $89.89, 800-850 lbs. $89.14,
850-900 lbs. $87; heifers, 350-400 lbs. $112.06, 400-450 lbs. $104.96,
450-500 lbs. $102.52, 500-550 lbs. $99.07, 550-600 lbs. $97.02,
600-650 lbs. $92.79, 650-700 lbs. $89.16, 700-750 lbs. $87.11, 750-800
lbs. $86.04, 800-850 lbs. $84.19, 850-900 lbs. $82.73.
Missouri 56,000 head. Steers, medium and large No. 1 300-350
lbs. $123.84, 350-400 lbs. $123.67, 400-450 lbs. $119.25, 450-500 lbs.
$114.26, 500-550 lbs. $110, 550-600 lbs. $104.63, 600-650 lbs. $97.21,
650-700 lbs. $93.19, 700-750 lbs. $90.53, 750-800 lbs. $89.63, 800-850
lbs. $88.13, 850-900 lbs. $86.95; Holsteins, large No. 3 450-500 lbs.
$77.99, 500-550 lbs. $82.91, 600-650 lbs. $77.45, 650-700 lbs. $74.67,
700-750 lbs. $75.72, 850-900 lbs. $66.80; heifers, medium and large
No. 1 300-350 lbs. $111.98, 350-400 lbs. $108.96, 400-450 lbs.
$106.74, 450-500 lbs. $104.14, 500-550 lbs. $99.54, 550-600 lbs.
$93.31, 600-650 lbs. $89.76, 650-700 lbs. $88.07, 700-750 lbs. $86.42,
750-800 lbs. $800-850 lbs. $83.95, 850-900 lbs. $81.13.
Iowa 28,100 head. Steers, medium and large No. 1 350-400 lbs.
$122.38, 400-450 lbs. $121.12, 450-500 lbs. $117.29, 500-550 lbs.
$110.76, 550-600 lbs. $104.50, 600-650 lbs. $99.69, 650-700 lbs.
$95.63, 700-750 lbs. $91.93, 750-800 lbs. $90.22, 800-850 lbs. $88.33,
850-900 lbs. $85.97; heifers, 300-350 lbs. $112.09, 350-400 lbs. $110,
400-450 lbs. $106.84, 450-500 lbs. $104.77, 500-550 lbs. $98.81,
550-600 lbs. $93.84, 600-650 lbs. $90.57, 650-700 lbs. $89.30, 700-750
lbs. $86.66, 750-800 lbs. $85.01, 800-850 lbs. $82.53.
Nebraska 7800 head. Steers, medium and large No. 1 400-450 lbs.
$123.34, 450-500 lbs. $123.45, 500-550 lbs. $118.50, 550-600 lbs.
$113.25, 600-650 lbs. $105.39, 650-700 lbs. $98.42, 700-750 lbs.
$95.82, 750-800 lbs. $94.84, 800-850 lbs. $91.05, 850-900 lbs. $88.33;
heifers, 350-400 lbs. $118.82, 400-450 lbs. $111.19, 450-500 lbs.
$115.46, 500-550 lbs. $107.51, 550-600 lbs. $99.98, 600-650 lbs.
$96.19, 650-700 lbs. $93.37, 700-750 lbs. $92.40, 750-800 lbs. $88.60,
800-850 lbs. $82.56.
Colorado 9400 head. Steers, medium and large No. 1 300-350 lbs.
$134.24, 350-400 lbs. $126.08, 400-450 lbs. $123.64, 450-500 lbs.
$120.47, 500-550 lbs. $112.81, 550-600 lbs. $106.92, 600-650 lbs.
$97.40, 650-700 lbs. $93.59, 700-750 lbs. $91.41, 750-800 lbs. $90.73,
800-850 lbs. $89.25, 850-900 lbs. $86.90; heifers, 300-350 lbs.
$120.94, 350-400 lbs. $117.03, 400-450 lbs. $114.59, 450-500 lbs.
$111.01, 500-550 lbs. $106.13, 550-600 lbs. $100.01, 600-650 lbs.
$92.82, 650-700 lbs. $88.28, 700-750 lbs. $86.07, 750-800 lbs. $86.02,
800-850 lbs. $85.77, 850-900 lbs. $79.50.
Wyoming 3100 head. Steers, medium and large No. 1 400-450 lbs.
$123.05, 450-500 lbs. $121.90, 500-550 lbs. $117.78, 550-600 lbs.
$116.23, 600-650 lbs. $101.80, 650-700 lbs. $95.69, 700-750 lbs.
$93.60; heifers, 400-450 lbs. $114.10, 500-550 lbs. $102.55, 550-600
lbs. $97.42, 600-650 lbs. $88.52, 750-800 lbs. $86.38.
Dakotas 49,900 head. Steers, medium and large No. 1 350-400
lbs. $134.04, 400-450 lbs. $128.12, 450-500 lbs. $119.55, 500-550 lbs.
$114.09, 550-600 lbs. $108.66, 600-650 lbs. $102.93, 650-700 lbs.
$96.69, 700-750 lbs. $93.07, 750-800 lbs. $90.49, 800-850 lbs. $89.44,
850-900 lbs. $87.84; Holsteins, large No. 3 800-850 lbs. $70.19;
heifers, medium and large No. 1 300-350 lbs. $124.34, 400-450 lbs.
$117.33, 450-500 lbs. $110.49, 500-550 lbs. $105.90, 550-600 lbs.
$99.43, 600-650 lbs. $95.02, 650-700 lbs. $89.89, 700-750 lbs. $87.74,
750-800 lbs. $86.39, 800-850 lbs. $84.59, 850-900 lbs. $82.21.
Montana 1900 head. Steers, medium and large No. 1 500-550 lbs.
$107.73, 550-600 lbs. $105.27, 650-700 lbs. $94.07; heifers, 400-450
lbs. $110.35, 450-500 lbs. $105.39, 550-600 lbs. $96.66, 600-650 lbs.
$93.26, 650-700 lbs. $87.33.
Virginia 1700 head. Steers, medium and large No. 1 450-500 lbs.
$108.82, 500-550 lbs. $98.55, 550-600 lbs. $99.38, 600-650 lbs.
$92.93, 650-700 lbs. $90.83, 700-750 lbs. $89.10, 750-800 lbs. $89.61,
800-850 lbs. $87.45; heifers, 450-500 lbs. $95.82, 550-600 lbs.
$88.60, 600-650 lbs. $87.61, 650-700 lbs. $88.94.
Carolinas 5400 head. Steers, medium and large No. 1-2 200-300
lbs. $110-128, 300-400 lbs. $104-124, 400-500 lbs. $94-111, 500-600
lbs. $84-102, 600-700 lbs. $80-94, 700-800 lbs. $78-87, 800-900 lbs.
$72-78; heifers, 200-300 lbs. $91-116, 300-400 lbs. $93-108, 400-500
lbs. $85-103, 500-600 lbs. $80-91, 600-700 lbs. $76-86, 700-800 lbs.
$71-79, 800-900 lbs. $64-76.
Kentucky 18,100 head. Steers, medium and large No. 1 300-350
lbs. $105-115, 350-400 lbs. $99-108, 400-450 lbs. $98-107, 450-500
lbs. $92-102, 500-550 lbs. $91-101, 550-600 lbs. $87-96, 600-700 lbs.
$83-92, 700-800 lbs. $80-90, 800-900 lbs. $78-85.50; Holsteins, large
No. 3 300-400 73-84, 400-500 lbs. $65-84, 500-600 lbs. $69-79, 600-700
lbs. $67-75.50, 700-800 lbs. $66.50-70.50, 800-900 lbs. $61-68;
heifers, medium and large No. 1 300-350 lbs. $95-105, 350-400 lbs.
$89-98, 400-450 lbs. $88-98, 450-500 lbs. $85-95, 500-600 lbs. $80-90,
600-700 lbs. $78-87, 700-800 lbs. $76-84.20.
Tennessee 10,000 head. Steers, medium and large No. 1-2 300-350
lbs. $123.74, 350-400 lbs. $113, 400-450 lbs. $107.88, 450-500 lbs.
$101.88, 500-500 lbs. $96.69, 550-600 lbs. $92.75, 600-650 lbs.
$88.20, 650-700 lbs. $86.84, 700-750 lbs. $83.92; heifers, 300-350
lbs. $101.32, 350-400 lbs. $98.86, 400-450 lbs. $94.07, 450-500 lbs.
$91.42, 500-550 lbs. $88.05, 550-600 lbs. $86.30, 600-650 lbs. $82.85,
650-700 lbs. $83.03, 700-750 lbs. $80.67.
Arkansas 12,500 head. Steers, medium and large No. 1 300-350
lbs. $120.88, 350-400 lbs. $116.94, 400-450 lbs. $112.77, 450-500 lbs.
$108.50, 500-550 lbs. $101.66, 550-600 lbs. $98.12, 600-650 lbs.
$93.97, 650-700 lbs. $90.47, 700-750 lbs. $88.25, 750-800 lbs. $84.90,
750-800 lbs. $88.50; heifers, 300-350 lbs. $107.78, 350-400 lbs.
$103.70, 400-450 lbs. $99.80, 450-500 lbs. $95.49, 500-550 lbs.
$92.37, 550-600 lbs. $89.49, 600-650 lbs. $86.19, 650-700 lbs. $84.62,
700-750 lbs. $80.02, 750-800 lbs. $77.48.
Louisiana 3800 head. Steers, medium and large No. 1-2 200-250
lbs. $125-135, 250-350 lbs. $112-125, 350-450 lbs. $103-115, 450-550
lbs. $95-108, 550-600 lbs. $88-98; heifers, 200-250 lbs. $115-125,
250-300 lbs. $113-120, 300-350 lbs. $105-113, 350-400 lbs. $100-110,
400-450 lbs. $94-104, 450-500 lbs. $92-102, 500-550 lbs. $91-100,
550-600 lbs. $82-92.
Mississippi 4800 head. Steers, medium and large No. 1-2 200-250
lbs. $130-140, 250-300 lbs. $125-131, 300-350 lbs. $120-130, 350-400
lbs. $111-121, 400-500 lbs. $101-111, 500-550 lbs. $98-106, 550-600
lbs. $90-99, 600-700 lbs. $83-96; heifers, 200-250 lbs. $109-119,
250-300 lbs. $105-110, 300-400 lbs. $98-108, 400-500 lbs. $90-100,
500-550 lbs. $86-96, 550-600 lbs. $81-87, 600-700 lbs. $78-89.
Alabama 10,200 head. Steers, medium and large No. 1 300-350
lbs. $125-135, 350-400 lbs. $116-125, 400-450 lbs. $111-116, 450-500
lbs. $106-114, 500-550 lbs. $100-108, 550-600 lbs. $94-105, 600-700
lbs. $85-92, 800-850 lbs. $79-80; heifers, 300-350 lbs. $109-119,
350-400 lbs. $103-111, 400-450 lbs. $98-106, 450-500 lbs. $93-103,
500-550 lbs. $88-96, 550-600 lbs. $85-90, 600-700 lbs. $82-88.
Georgia 7200 head. Steers, medium and large No. 1-2 200-250
lbs. $130-140, 250-300 lbs. $118-132, 300-350 lbs. $115-125, 350-400
lbs. $107-118, 400-450 lbs. $104-116, 450-500 lbs. $98-109, 500-550
lbs. $93-103, 550-600 lbs. $90-100, 600-650 lbs. $83-93, 650-700 lbs.
$80-90, 700-750 lbs. $78-85, 750-800 lbs. $74-81; heifers, 200-250
lbs. $110-121, 250-300 lbs. $108-118, 300-350 lbs. $103-113, 350-400
lbs. $96-106, 400-450 lbs. $93-102, 450-500 lbs. $90-100, 500-550 lbs.
$85-95, 550-600 lbs. $80-90, 600-650 lbs. $76-86, 650-700 lbs. $76-82.
Florida 7000 head. Steers, medium and large No. 1-2 200-250
lbs. $130-150, 250-300 lbs. $122-142, 300-350 lbs. $115-130, 350-400
lbs. $105-120, 400-450 lbs. $100-110, 450-500 lbs. $96-106, 500-550
lbs. $92-102, 550-600 lbs. $85-95, 600-650 lbs. $82-92; heifers,
200-250 lbs. $112-132, 250-300 lbs. $108-122, 300-350 lbs. $102-114,
350-400 lbs. $98-108, 400-450 lbs. $90-101, 450-500 lbs. $89-99,
500-550 lbs. $84-94, 550-600 lbs. $82-92, 600-650 lbs. $80-88.
Direct receipts totaled
38,500 head, last week 15,300, last year 49,800.
Texas 12,500 head. Steers, medium and large No. 1 650-700 lbs.
$90-92, 700-800 lbs. $87.50-92, 800-850 lbs. $85.50-86, 900-950 lbs.
$80.50; 650-700 lbs. delivered $91, 750 lbs. $89.50, 800-850 lbs.
$87.75-88; 700-750 lbs. for February delivery $85, 750-800 lbs. for
March $82-84, 750-800 lbs. for April $86, 825 lbs. $83, 700-800 lbs.
for May $87-88; 750 lbs. delivered for May $87.30; 750-800 lbs. $.50
under March CME board, 800-850 lbs. $2.50 under May; heifers, 600-650
lbs. $87, 700-725 lbs. $86-88; 625 lbs. delivered $86, 700-800 lbs.
$84-85.50; 650 lbs. for May delivery $85; 625 lbs. delivered for
February $88, 725 lbs. $85.55.
Oklahoma 1700 head. Steers, medium and large No. 1 525-550 lbs.
$97-100, 700 lbs. $89, 835-850 lbs. $85-90, 900 lbs. $83; Holsteins,
large No. 3 500 lbs. $80; heifers, 525 lbs. $90, 625 lbs. $87, 700-775
lbs. $80-84. Kansas 3700 head. Steers, medium and
large No. 1 785 lbs. $90, 850 lbs. $88; 575 lbs. delivered $109, 600
lbs. $108-109, 679 lbs. $93.50; 785 lbs. for February delivery $87;
Holsteins, large No. 3 749 lbs. $74.75; Heifers, medium and large No.
1 775 lbs. $86; 550 lbs. delivered $104, 739 lbs. $86.25, 794 lbs.
$88.25. Colorado 2300 head. Steers, medium and
large No. 1 625-650 lbs. $95-100, 740 lbs. $91.60, 750-800 lbs.
$87-88.50; 850 lbs. delivered $85; 810 lbs. for February delivery
$88.75; heifers, 625-685 lbs. $88.75-89, 700-775 lbs. $84-86.85; 700
lbs. delivered $86. Wyoming 2200 head. Steers, medium and
large No. 1 750-790 lbs. $89-90, 800-810 lbs. $87-88, 860-930 lbs.
$85-86; heifers, 785-830 lbs. $83-84.
Dakotas 500 head. Steers, medium and large No. 1 800 lbs. $87,
850 lbs. $88, 950 lbs. $86.
Montana 600 head. Steers, medium and large No. 1 540 lbs. $117,
600 lbs. $101, 725 lbs. $88; heifers, 600 lbs. $93, 700 lbs. $84.
Southwest 6100 head. Steers, medium and large No. 1-2 300 lbs.
$105, 800 lbs. $84; Holsteins, large No. 3 275 lbs. $118-140, for
February-March $129-140, March-April $140-145; heifers, medium and
large No. 1-2 300 lbs. $94, 745 lbs. $80.
Northwest 2700 head. Steers, medium and large No. 1-2 500 lbs.
$118, 600 lbs. $100, 700-725 lbs. $86, 800-850 lbs. $84-85; heifers,
400-450 lbs. $120, 550 lbs. $100, 600-625 lbs. $86, 800 lbs. $81.
Eastern Cornbelt 400 head. Steers, medium and large No. 1-2
700-750 lbs. $88.50-93; heifers, 690 lbs. $85.50.
Kentucky 5800 head. Steers, medium and large No. 1-2 440 lbs.
$108, 600-700 lbs. $89-94, 700-800 lbs. $86-90, 800-875 lbs. $84-89;
Holsteins, large No. 3 800-825 lbs. $73-75; heifers, medium and large
No. 1-2 440 lbs. $100, 500-600 lbs. $89-94.80, 600-700 lbs. $82.50-92,
700-800 lbs. $81-84. |
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Questions? Comments? Suggestions? |