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USDA-JC: Missouri Statewide Combined Feeder Cattle Wtd Avg

Jefferson City, MO - Fri Nov 10, 2017 - MO Dept of Ag/USDA Market News


Missouri Weekly Weighted Average Feeder Cattle Report – Week Ending 
11/10/17

Receipts:  40,774    Week Ago:  28,530    Year Ago:  27,401

   Compared to last week, steers and heifers sold steady to 3.00 higher. 
Demand was good and was best for weaned and vaccinated cattle. Supply 
was heavy. This was the biggest run of feeders that Missouri has had 
since the first full week of June. Harvest is starting to wrap up for 
most farmers and the markets have been good the last two weeks, encouraging 
trailers to be loaded and brought to town. We have not seen that fall 
drop off in prices that we saw August of last year. The cash market has 
mostly trended sideways, if not slightly higher these last couple of weeks. 
It is kind of surprising how the cash market has basically ignored what 
is happening in the futures market, where Live Cattle contracts closed 
lower each day this week on the nearby months and Feeder Cattle contracts 
closed lower on nearby months each day except for Thursday. Boxed beef 
closed higher each day this week, except for Thursday with double digits 
lower. However, the strong market Monday and Tuesday put gains at 4.00 
and 5.22 for Choice and Select, respectively, when comparing Thursday’s 
close to last Friday. The Fed Cattle Exchange had 1191 head offered on 
Wednesday with 465 head being sold, with a weighted average of 124.00, a 
premium of 4.00 from last week. Packer margins are down over 50.00 per head 
and feedlot margins gained over 88.00 per head, as of November 3, according 
to the Sterling Beef Profit Tracker. The Crop Production report was released
on Thursday, estimating corn planted and harvested acres down 7 percent, 
but corn yield is up 21 bushels per acre from last year. If the forecast 
comes to fruition, this would be the second highest yield and the third 
highest production on record. Soybean planted and harvested acres are up 
7 percent, as well. Yield forecast is unchanged but production is forecasted 
up 7 percent from last year and would be Missouri’s highest production 
level on record if realized. 

                     Feeder Steers Medium and Large 1                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         16   250-290      284    174.00-205.00     194.04                

        102   300-348      329    160.00-247.50     204.64                
        234   350-398      377    160.00-223.00     193.89                
         14     360        360       214.00         214.00 Thin Fleshed   

        382   400-448      423    151.00-217.00     187.10                
         36     407        407       195.00         195.00 Fancy          
         11   412-442      434    189.95-212.50     195.79 Thin Fleshed   
        848   450-499      475    147.00-213.00     180.73                
         21   480-495      484    166.00-186.00     174.47 Fleshy         
         24   454-485      469    176.00-198.00     185.33 Thin Fleshed   

       1214   500-549      524    150.00-196.50     175.05                
         21     518        518       195.25         195.25 Fancy          
         60   503-549      536    154.00-178.50     166.18 Fleshy         
         67   500-530      510    174.00-198.00     188.73 Thin Fleshed   
       1465   550-599      572    142.00-188.00     170.48                
        155   555-599      578    140.50-169.00     161.31 Fleshy         

       1099   600-649      625    145.00-178.00     166.48                
        556   600-649      621    141.00-167.50     157.45 Calves         
         47   602-644      623    148.00-167.00     159.21 Fleshy         
        924   650-699      674    144.00-177.75     162.15                
        290   650-698      663    137.50-164.25     154.04 Calves         
         69   654-695      679    151.25-158.00     154.98 Fleshy         
         27   659-693      679    167.50-184.50     179.71 Thin Fleshed   

        703   700-749      724    142.50-176.75     164.34                
        138   700-740      719    135.00-158.50     151.60 Calves         
         18   700-717      705    140.00-162.50     155.25 Fleshy         
        530   750-794      778    130.00-173.50     164.48                
         34   751-775      764    140.00-149.00     146.89 Calves         
         27   755-770      767    149.50-162.50     154.72 Fleshy         

        542   801-849      822    149.00-172.25     163.82                
         35   835-841      837    140.00-147.25     145.29 Fleshy         
        404   851-898      860    152.25-172.50     163.97                

        169   901-938      924    143.00-163.85     159.40                
        152   950-979      958    129.50-155.10     151.95                

                          Feeder Steers Large 1                           
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         13   409-430      420    160.00-190.00     173.47                
         16   461-478      469    160.00-166.00     163.38                
         10   500-545      525    140.00-150.00     144.87                
         11   562-570      564    156.00-176.00     170.49                
         28   626-640      630    150.00-168.00     163.07                
         16   700-743      720    140.00-159.50     146.92                
         12     736        736       156.25         156.25 Calves         
         70    1075       1075       145.85         145.85                

                         Feeder Steers Large 1-2                          
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         30   604-640      628    145.00-159.00     153.58                

                         Feeder Steers Medium 1-2                         
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         10   438-443      440    165.00-170.00     167.99                
         16   472-498      492    145.00-179.00     164.31                
         11   600-625      616    140.00-146.00     142.32                

                    Feeder Steers Medium and Large 1-2                    
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         12     268        268       210.00         210.00 Thin Fleshed   
         66   300-345      325    151.00-215.00     182.56                
        133   350-397      375    135.00-212.00     176.67                
        299   400-449      428    135.00-199.50     170.54                
         22   435-446      439    160.00-177.50     171.84 Thin Fleshed   
        406   451-498      476    125.00-200.00     165.62                
         13   461-470      464    172.50-173.00     172.69 Thin Fleshed   
        564   500-549      527    130.00-178.50     162.98                
        626   550-599      576    131.00-172.50     156.16                
         12   561-592      576    144.50-163.00     156.19 Fleshy         
         25   551-570      561    161.00-173.00     164.30 Thin Fleshed   
         16   569-586      582    159.00-163.00     159.98 Value Added    
        434   600-649      623    135.00-171.50     156.35                
         44   601-645      620    138.00-150.00     144.47 Calves         
         21   618-644      629    161.00-165.00     164.22 Thin Fleshed   
        226   650-698      673    125.00-170.50     152.87                
         60   658-688      672    142.00-152.00     146.50 Calves         
         23   667-680      672    138.00-159.50     144.47 Fleshy         
        137   700-746      719    135.00-163.00     154.88                
         46   702-748      714    140.00-155.00     148.40 Calves         
        234   751-799      773    145.00-165.00     155.01                
         11   757-794      784    132.50-136.50     135.45 Calves         
        154   802-845      817    130.25-162.50     150.07                
         46   851-895      869    125.00-153.50     145.35                
         22   902-938      913    135.75-149.00     141.66                
         17   984-985      984    133.00-137.00     136.06                

                     Feeder Steers Medium and Large 2                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         13     320        320       162.50         162.50                
         13   373-383      381    155.00-193.00     163.59                
         28   409-442      434    140.00-174.50     151.61                
         18   470-479      476    142.00-160.00     151.03                
         30   510-549      530    140.00-157.25     149.21                
         33   553-595      580    138.00-158.50     148.28                
         32   635-649      646    135.00-156.00     149.47                
         11     618        618       149.00         149.00 Calves         
         14     665        665       138.00         138.00                
         10   713-748      724    146.00-150.00     147.24                
         16     782        782       152.50         152.50                

                         Feeder Steers Medium 2-3                         
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         12     436        436       145.00         145.00                

                    Feeder Steers Medium and Large 2-3                    
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         13   444-448      446    134.00-143.00     137.44                
         23   467-488      485    132.00-139.00     133.29                

                          Feeder Steers Medium 3                          
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         16     734        734        83.50          83.50                

                      Feeder Holstein Steers Large 3                      
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         18   385-394      388     84.00-100.00      95.48                
         48   459-494      468     87.00-110.00     104.84                
         11   503-525      516    108.00-113.00     109.98                
         37   558-587      574     94.00-111.00     103.96                
         25   610-643      627     90.00-105.00      96.35                
         12   674-697      684     82.00-93.00       89.78                
         17   705-749      715     99.00-103.00      99.99                
         30   751-789      767     85.00-98.00       90.72                
         34   802-839      822     83.50-104.00      94.23                
         21     953        953        90.00          90.00                
         35    1022       1022        89.75          89.75                

                     Feeder Holstein Steers Medium 3                      
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         15     524        524        90.00          90.00                
         15     765        765        95.50          95.50                

                    Feeder Heifers Medium and Large 1                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         18   270-283      272    165.00-173.00     171.61                

        115   300-347      332    152.00-182.00     168.42                
        259   350-398      368    145.00-186.50     165.89                
         28   361-398      385    170.00-194.00     183.68 Thin Fleshed   

        751   400-449      428    135.00-180.00     159.62                
         43   400-435      425    169.50-181.00     172.29 Thin Fleshed   
        849   450-498      478    135.00-171.00     156.33                
         16   462-477      473    179.00-186.75     184.86 Fancy          
         25   453-491      474    140.00-148.00     143.96 Fleshy         
         45   453-477      473    166.00-174.00     168.68 Thin Fleshed   

       1305   500-549      525    134.00-170.00     155.36                
         25   502-521      511    154.25-157.00     154.98 Fancy          
        158   502-549      525    130.00-154.50     146.03 Fleshy         
        978   550-598      575    131.00-170.00     154.76                
         22     553        553       154.50         154.50 Fancy          
        210   550-598      569    131.00-150.50     144.48 Fleshy         
         53     550        550       163.00         163.00 Replacement    

        800   600-649      625    125.00-169.00     153.93                
        141   600-647      619    137.00-145.00     142.41 Calves         
         35   601-643      619    125.00-157.00     142.48 Fleshy         
        586   650-698      668    125.00-171.25     156.51                
         36   653-698      672    130.00-142.00     138.30 Calves         
         24     653        653       154.00         154.00 Fancy          
         36   650-686      667    129.50-150.00     137.61 Fleshy         

        401   701-740      719    130.50-161.25     149.34                
         70     722        722       162.10         162.10 Fancy          
         12   716-745      732    128.00-130.00     129.09 Fleshy         
        262   750-798      773    116.00-153.00     146.28                

         57   802-847      833    115.00-150.00     139.94                
         38   865-895      873    110.00-145.00     135.51                

         20   910-945      924    119.00-135.00     129.87                
        162   957-995      987    122.50-141.00     134.39                

         12  1001-1048    1013    120.50-121.00     120.87                

                          Feeder Heifers Large 1                          
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         15   558-579      571    130.00-139.75     136.23                
         28   603-642      618    130.00-155.00     146.81                
         28   618-634      628    135.50-139.00     137.77 Calves         

                         Feeder Heifers Medium 1                          
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         16     455        455       146.00         146.00                

                        Feeder Heifers Medium 1-2                         
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         11   420-437      428    130.00-157.00     144.46                
         26   454-495      476    125.00-159.00     144.32                

                   Feeder Heifers Medium and Large 1-2                    
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         66   302-348      321    129.00-179.00     153.31                
        176   350-399      376    125.00-169.00     153.27                
         29   356-385      364    158.00-180.00     167.23 Thin Fleshed   
        380   400-449      426    120.00-162.00     146.33                
         10     406        406       171.00         171.00 Thin Fleshed   
        552   450-499      479    120.00-159.50     145.51                
         15   472-481      475    140.00-145.00     141.69 Fleshy         
         18   453-498      472    155.00-159.00     157.13 Thin Fleshed   
        784   500-549      528    125.00-168.00     145.86                
         33   514-548      533    138.50-145.00     141.41 Fleshy         
        490   550-599      572    120.00-156.00     141.36                
         43   555-593      566    135.00-152.50     139.15 Fleshy         
         46   563-592      578    150.00-161.00     154.99 Thin Fleshed   
        391   600-647      621    120.00-155.75     145.26                
         49   600-645      621    127.50-145.00     132.32 Calves         
         21   604-632      623    130.00-138.00     133.51 Fleshy         
        211   650-696      676    116.00-159.00     143.83                
         23   653-697      681    123.00-136.75     132.28 Calves         
         89   700-744      719    125.00-149.00     144.11                
         21   700-715      704    125.00-138.00     134.20 Calves         
         10     740        740       142.75         142.75 Fleshy         
        155   755-798      780    127.00-151.50     140.84                
         67   802-847      818    123.00-152.50     139.15                
         76   879-897      894    109.00-146.00     142.13                

                    Feeder Heifers Medium and Large 2                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         11   310-345      320    135.00-140.00     137.65                
         20   378-395      389    129.00-142.50     135.74                
         17   467-485      480    130.00-141.50     136.32                
         36   516-549      533    120.00-144.00     131.19                
         26   555-589      575    120.00-142.50     134.03                
         12     580        580       137.50         137.50 Thin Fleshed   
         12   682-693      688    125.00-149.00     136.90                
         19   703-744      722    110.00-144.00     122.79                
         10   788-789      789    129.50-134.50     132.00                

                        Feeder Heifers Medium 2-3                         
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         19     451        451       123.00         123.00                

                          Feeder Heifers Large 1                          
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         12    1182       1182       110.00         110.00                

                     Feeder Bulls Medium and Large 1                      
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         58   350-395      378    148.00-214.00     175.87                
         57   400-447      432    148.00-203.00     165.84                
        129   452-498      475    139.00-188.50     161.13                
        168   500-549      522    140.00-177.00     156.85                
        174   550-597      573    126.00-156.00     146.89                
         86   601-645      618    125.00-147.00     139.64                
         39   600-647      632    125.00-149.00     136.56 Calves         
         43   650-696      673    121.00-150.00     138.78                
         18   659-699      679    129.50-140.00     133.31 Calves         
         26   755-795      772    118.00-140.00     129.01                
         11   817-845      830    120.00-128.00     125.30                

                         Feeder Bulls Medium 1-2                          
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         15   353-377      367    150.00-152.00     151.23                
         14     547        547       137.50         137.50                

                    Feeder Bulls Medium and Large 1-2                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         18   304-334      317    170.00-212.50     189.38                
         64   351-395      362    160.00-205.00     173.77                
        109   400-448      428    120.00-198.00     161.65                
        108   450-498      473    121.00-170.00     155.07                
        193   500-548      522    138.00-167.50     149.38                
         12     503        503       160.00         160.00 Thin Fleshed   
        180   550-599      577    118.00-167.50     142.60                
         17   550-572      566    149.50-154.00     150.79 Thin Fleshed   
         90   603-645      624    110.00-150.00     137.68                
         60   605-649      638    127.50-142.00     134.07 Calves         
         41   658-698      676    127.50-147.50     134.92                
         18   663-692      677    124.00-134.50     131.21 Calves         
         22     676        676       135.50         135.50 Thin Fleshed   
         27   702-747      729    124.50-142.50     133.13                
         14   715-745      720    116.00-138.00     129.29 Calves         
         33   753-798      779    108.00-130.00     126.14                
         22   819-834      822    127.50-133.50     128.88                
         10     835        835       127.75         127.75 Thin Fleshed   

                     Feeder Bulls Medium and Large 2                      
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         12     428        428       179.50         179.50 Thin Fleshed   


Source: MO Dept of Ag/USDA Market News Service, Jefferson City, MO 
        Caroline Tyler-Carter, Market Reporter, 573-751-5618
        24 Hour Market Report 573-522-9244
        www.ams.usda.gov/mnreports/JC_LS795.txt





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