NATIONAL WEEKLY FEEDER & STOCKER CATTLE SUMMARY USDA LIVESTOCK, POULTRY & GRAIN MARKET NEWS St. Joseph, Missouri Friday, October 27, 2017 Email:
[email protected] Receipts: This Week Last Week Year Ago CME FEEDER CATTLE INDEX ($/CWT) SJ_LS850 357,600 360,000 334,400 $180 $170 $160
$150 $140
$130 $120
$110 $100 J
F
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M
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2017
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A
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2016
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N
D
5 YR AVG
NATIONWIDE REPORTED WEEKLY FEEDER CATTLE AUCTION RECEIPTS (Receipts vary depending on the number of auctions reported)
400
Thousands
Compared to last week, steer and heifers sold uneven again this week; from 3.00 lower to 3.00 higher. Most of the lower trending markets occurred early in the week prior to the surge in the CME Cattle Complex. Tuesday saw an upswing in the complex and so rolled the local auction markets. For the week, CME Live Cattle contracts were around 4.00 higher with the October closing Friday at 115.37; December - 120.80; February - 125.75; April - 125.02. The Feb and Apr contracts made new contract highs this week. CME Feeder Cattle were also higher for the week as November closed at 156.47 and January at 155.70. Demand was moderate at best for spring calves and moderate to good for yearling cattle as they are getting harder and harder to come by this time of year. The long weaned calves are in much more demand than the unweaned fleshy bawlers that will become more prevalent as the calendar moves towards Thanksgiving. However the health on short weaned calves will get an extra boost as an Alberta Clipper is hitting the Northern Plains and Midwest late this week will hopefully get rid of some of those nasty flu bugs that typically happen with the large temperature swings that happen in late...
300
200
More……..
REGIONAL WEIGHTED AVERAGE
100
FEEDER STEER PRICES 0
NORTH CENTRAL REGION This Week $167.74
Last Week $166.02
700-800 lbs
$162.73
$165.08
$128.32
800-900 lbs
$159.17
$155.80
$128.95
F
M
A
M
J
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A
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D
YEAR TO DATE
Last Year $121.85
90
x 100000
Steers: 600-700 lbs
J
85
80
2017 YTD
75
2016 YTD
70
SOUTH CENTRAL REGION
2017 YTD
Steers: 500-600 lbs
This Week $162.16
Last Week $161.29
Last Year $128.18
600-700 lbs
$156.22
$154.20
$125.02
700-800 lbs
$156.11
$152.86
$127.18
800-900 lbs $154.28 SOUTHEAST REGION
$150.80
$126.04
This Week $156.33
Last Week $157.06
Last Year $121.47
500-600 lbs
$148.19
$147.39
$113.60
600-700 lbs
$141.16
$140.47
$107.50
For detailed state-by-state feeder cattle quotes: National Feeder & Stocker Cattle Summary
5 Yr Avg
5 AREA WEEKLY WEIGHTED AVERAGE SLTR STEER PRICE ($/CWT) $160 $150 $140 $130 $120 $110 $100 $90 $80 J
Steers: 400-500 lbs
2016 YTD
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M
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2017
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J
2016
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5 YR AVG
USDA Livestock, Poultry, & Grain Market News St. Joseph, Missouri Phone: 816-676-7000
http://www.ams.usda.gov/LSMarketNews