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Record High Fall Temperatures
Boost Calf Demand And Prices
ST. JOSEPH, Mo. (USDA) Open weather with
record high fall temperatures put some heat in the calf
market across the country last week. Feeder cattle and
calves sold steady to $3 higher and yearlings were
unevenly steady.
Grazing is good for this season of the year and cattle
are making substantial cheap daily weight gains on
pasture as well as in the feedlot. Returns are still
$8-10 below a year ago. Slaughter cattle are about $7
under a year ago and struggling to hold above $60.
Average slaughter weights are dropping, but still well
on top of 1200 pounds. Record low slaughter hog prices
are not helping matters. There is no place on the CME
board to hedge in profits as no month is over $60 until
August. This does not fare well with feeder steers on top
of $70 and feedlot gains up near 50 cents per pound. Some
feedlots are reporting cheaper weight gains and recently
corn prices were on a downtrend.
Only 34 percent of receipts weighed more than 600
pounds, about normal for this season of the year.
Some trading:
Texas: steers, medium and large No. 1 750 lbs. $68.50;
400 lbs. $90, 525 lbs. $78, 650 lbs. $68, 740-775 lbs.
$70-71.50, 800 lbs. $68-69.50; 700-800 lbs. delivered for
January and February $69.50-72.50; string 750 lbs. even
the CME board for March to May delivery; heifers, 400
lbs. delivered $80, 625 lbs. $68.50; 675-710 lbs.
delivered for January and February $65.50-70.
Oklahoma: steers, medium and large No. 1 525 lbs.
$79.50, 750 lbs. $70, 800-870 lbs. $66.50-68; 750 lbs.
for February delivery $70.25, 750 lbs. for May 1-15
delivery $69; heifers, 525 lbs. $71.50, 700-725 lbs.
$64-67.
Colorado: steers, medium and large No. 1 715-725 lbs.
$72.50-72.75; 600-620 lbs. delivered $75.50-75.75, 750
lbs. $71.25, 800-825 lbs. $69.50-70.25; auction, 300-400
lbs. $92-101.50, 400-500 lbs. $82-88.50, 500-550 lbs.
$75.50-83, 550-600 lbs. $71.50-78.50, 600-700 lbs.
$69.50-74, 700-800 lbs. $66.50-74.50, 800-875 lbs.
$63.50-68.50; heifers, few loads 525-580 lbs. delivered
$69.75-71.50; auction, 300-400 lbs. $81-86.50, 400-500
lbs. $74-79, 500-600 lbs. $66.50-73.50, few to $78.50,
600-700 lbs. $63-71, 700-800 lbs. $62.50-67, 800-875 lbs.
$61-62.50.
South Dakota: steers, medium and large No. 1 550-600
lbs. $73-77.
Wyoming, Western Nebraska, and North and South Dakota:
steers, medium and large No. 1 625 lbs. delivered $75,
700 lbs. $69; string 750 lbs. for February delivery
$70.50, 800 lbs. $68; auction, 350-400 lbs. $91.50-103,
400-450 lbs. $88.60-96, fancy $95.25-99.75, 450-500 lbs.
$84-90, 500-550 lbs. $75-83, fancy $83.50-87, 550-600
lbs. $73-79.75, 600-700 lbs. $68.75-75, 700-800 lbs.
$68.25-73, 800-850 lbs. $68-70.50, few 925-960 lbs.
$62.10-65.25; heifers, 575 lbs. delivered $71, 700-750
lbs. $64-66; auction, 300-400 lbs. $80-86, 400-450 lbs.
$74-79, fancy $81.50-83.50, 450-500 lbs. $71.50-76.75,
fancy $78.50-79, 500-600 lbs. $67.75-74.75, fancy
$77-77.75, 600-700 lbs. $65.25-69.25, 700-800 lbs.
$65.10-67.60, 800-900 lbs. $62.10-67.20, 900-950 lbs.
$62-63.80.
Montana: steers, medium and large No. 1 several loads
500-525 lbs. $80, 600-625 lbs. $72-74; auction, 360-400
lbs. $91-99.50, 400-450 lbs. $91-93.50, 450-500 lbs.
$81.50-86.50, 500-550 lbs. $77-81, 550-600 lbs.
$73.50-79.50, 600-650 lbs. $72.75-77.50, 650-700 lbs.
$70.50-76.25, 700-770 lbs. $70.50-73.50; heifers, 490
lbs. $72, 550-575 lbs. $68-70; auction, 350-400 lbs.
$75.75-83.50, 400-450 lbs. $73.25-79.25, 450-500 lbs.
$72.50-78, 500-550 lbs. $70-75.50, 550-600 lbs.
$67.50-73, 600-650 lbs. $66-69.50, fancy to $72, 650-700
lbs. $65.50-68.75.
Washington, Oregon and Idaho: steers, medium and large
No. 1 750 lbs. $68; 850 lbs. delivered $65; auction,
400-500 lbs. $82.50-87, 500-600 lbs. $69-78.50, 600-700
lbs. $63-69, 700-800 lbs. $66-67; heifers, 550-600 lbs.
$67; auction, 300-400 lbs. $70-74, 400-500 lbs.
$69-74.50, 500-600 lbs. $64.50-68, 600-700 lbs.
$62.50-66.
Arkansas: auction, steers, medium and large No. 1
300-350 lbs. $92-102, 350-400 lbs. $87-96, 400-450 lbs.
$83-92, 450-500 lbs. $78-86, 500-550 lbs. $73-81, 550-600
lbs. $68-75, 600-700 lbs. $64-71, 700-800 lbs. $60-66;
Holsteins, large No. 2 300-400 lbs. $48-53, 400-600 lbs.
$46-50; heifers, 300-350 lbs. $74-82, 350-400 lbs.
$70-77, 400-450 lbs. $66-73, 450-500 lbs. $64-71, 500-600
lbs. $63-70, 600-700 lbs. $58-64, 700-800 lbs. $58-63.
Kentucky: auction, steers, medium and large No. 1
200-300 lbs. $91-101, 300-350 lbs. $94-104, 350-400 lbs.
$84-94, 400-500 lbs. $75-85, several $86-90.50, 500-600
lbs. $67-77, few $78-80, 600-700 lbs. $62-71, 700-800
lbs. $61-68.50, 800-900 lbs. $61-67.20; Holsteins, large
No. 2 300-400 lbs. $51-60.75, 400-500 lbs. $50-59,
500-600 600 lbs. $48-55, few $56-58.75, 600-700 lbs.
$46-52, 700-900 lbs. $45-51; heifers, 200-300 lbs.
$65-73, 300-400 lbs. $66-75, few $76-79, 400-500 lbs.
$63-72, few $73-74, 500-600 lbs. $58-66, 600-700 lbs.
$57-64.95, 700-800 lbs. $55-63.50.
Tennessee: auction, steers, medium and large No. 1
300-350 lbs. $87-100, 350-400 lbs. $85-95, 400-450 lbs.
$75-85 few $90, 450-500 lbs. $72-84, 500-550 lbs. $63-76
few $78, 550-600 lbs. $61-72, 600-700 lbs. $58.50-66,
700-800 lbs. $58-64; heifers, 300-350 lbs. $64-75,
350-400 lbs. $61-74, 400-450 lbs. $60-73, 450-500 lbs.
$60-67, 500-550 lbs. $57-65, 550-600 lbs. $55-64, 600-700
lbs. $55-64, 700-800 lbs. $52-59.
Southeastern complex: auction, steers, medium and
large No. 1 200-250 lbs. $100-120, 250-300 lbs. $95-116,
300-350 lbs. $90-100, 350-400 lbs. $88-98, 400-450 lbs.
$80-90, 450-500 lbs. $72-84, 500-550 lbs. $70-80, 550-600
lbs. $66-76, 600-650 lbs. $59-69, 650-700 lbs. $55-65,
700-800 lbs. $53-63; heifers, 200-250 lbs. $75-85,
250-300 lbs. $70-89, 300-350 lbs. $70-80, some to $82,
350-400 lbs. $68-78, 400-450 lbs. $65-75, 450-500 lbs.
$62-72, 500-550 lbs. $58-68, 550-600 lbs. $55-65, 600-650
lbs. $53-63, 650-700 lbs. $52-58.
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