NATIONAL WEEKLY FEEDER & STOCKER CATTLE SUMMARY USDA LIVESTOCK, POULTRY & GRAIN MARKET NEWS St. Joseph, Missouri Friday, February 9, 2018 Email:
[email protected] Receipts: This Week Last Week Year Ago CME FEEDER CATTLE INDEX ($/CWT) SJ_LS850 308,500 326,900 273,200 $180 $170 $160
$150 $140
$130 $120
$110 $100 J
F
M
A
M
J
2017
J
A
S
2016
O
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, steers and heifers sold 1.00 lower to 4.00 higher. Many market comments this week referred to the quality of the runs being above average to outstanding as bidders and buyers bellied up to the ring and were active participants. Even though horrible weather conditions were realized in many places this week, the demand for quality stock was not diminished one iota. On Wednesday at Hub City Livestock Auction in Aberdeen, SD, a load of 766 lb red hided heifers sold for $1390 per head or near 181.50/cwt. Also on Wednesday at Bassett Livestock in Nebraska a half load of 771 lb heifers sold at 170.00 and at Huss Platte Valley Auction in Kearney, NE, a short load of 747 lb heifers sold at 168.00. In the hills of north central MO at Green City Livestock Auction, a large package of 719 lb heifers sold at 164.00. These consignments are from reputation ranches and were sold mostly to repeat customers who come back year after year to buy the same genetics. Even though replacement heifers have been the talk in this column the last couple weeks, the mature cattle slaughter has increased an average of almost 7700 head per week for the first four harvest weeks of the new year...
300
200
More……..
REGIONAL WEIGHTED AVERAGE
100
FEEDER STEER PRICES 0
NORTH CENTRAL REGION This Week $170.51
Last Week $171.52
700-800 lbs
$155.25
$155.98
$134.00
800-900 lbs
$146.15
$147.19
$127.79
F
M
A
M
J
J
A
S
O
N
D
YEAR TO DATE
Last Year $143.93
20
x 100000
Steers: 600-700 lbs
J
15
10
2017 YTD
5
2016 YTD
0
SOUTH CENTRAL REGION
2017 YTD
Steers: 500-600 lbs
This Week $174.26
Last Week $173.30
Last Year $151.98
600-700 lbs
$160.27
$158.77
$138.49
700-800 lbs
$149.30
$147.96
$129.81
800-900 lbs $141.45 SOUTHEAST REGION
$142.04
$124.38
This Week $173.03
Last Week $171.31
Last Year $146.69
500-600 lbs
$162.37
$159.07
$135.86
600-700 lbs
$148.84
$147.31
$127.38
For detailed state-by-state feeder cattle quotes: National Feeder & Stocker Cattle Summary
5 Yr Avg
5 AREA WEEKLY WEIGHTED AVERAGE SLTR STEER PRICE ($/CWT) $160 $150 $140 $130 $120 $110 $100 $90 $80 J
Steers: 400-500 lbs
2016 YTD
F
M
A
2017
M
J
J
2016
A
S
O
N
D
5 YR AVG
USDA Livestock, Poultry, & Grain Market News St. Joseph, Missouri Phone: 816-676-7000
http://www.ams.usda.gov/LSMarketNews