REGIONAL WEIGHTED AVERAGE
NATIONAL WEEKLY FEEDER & STOCKER CATTLE SUMMARY USDA LIVESTOCK, POULTRY & GRAIN MARKET NEWS St. Joseph, Missouri Friday, June 23, 2017 Email: [email protected] Receipts: This Week Last Week Year Ago CME FEEDER CATTLE INDEX ($/CWT) SJ_LS850 244,900 179,400 160,700 $250 $240 $230 $220 $210 $200 $190 $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 mostly 2.00 to 8.00 lower. Yearlings and heavy weight steers were steady to weak with lower undertones noted. The supply of feeder cattle is fairly tight as there is competition in the marketplace with farmers trying to buy cattle at lower prices, especially farmer feeders with old crop corn to feed. Live and feeder cattle futures started the week by closing moderately lower and continued with a mostly downward trend for much of the week before seeing slight gains on Friday. Compared to last Friday, June live cattle futures ended the week 2.50 lower at 119.20 and August 2.90 lower at 115.27. Feeder cattle futures were 2.92 lower at 144.95 for August and 2.95 lower at 144.40 for September. Although the market lost support from the board throughout the week, there were still positive high-notes out in the field, including the sale of 200 head of home raised steers weighing 770 pounds at 178.00 in Valentine, Nebraska on Thursday. Throughout the week, cash cattle trade has moved lower and at a significantly quick pace. In the Southern Plains live trades were 5.00 to 11.00 lower from 122.00-123.00. In Nebraska live trades were 9.00 to 11.00 ...
300
200
More……..
REGIONAL WEIGHTED AVERAGE
100
FEEDER STEER PRICES 0
NORTH CENTRAL REGION
J
This Week $173.95
Last Week $169.97
Last Year $164.63
700-800 lbs
$159.26
$160.99
$151.06
800-900 lbs
$149.44
$149.28
$142.84
M
A
M
J
J
A
S
O
N
D
YEAR TO DATE 56 54
x 100000
Steers: 600-700 lbs
F
52
2017 YTD
50 48
2016 YTD
46 44
SOUTH CENTRAL REGION
2017 YTD
Steers: 500-600 lbs
This Week $163.20
Last Week $166.63
Last Year $151.10
600-700 lbs
$154.60
$156.58
$144.57
700-800 lbs
$147.61
$150.56
$140.54
SOUTHEAST REGION This Week $161.43
Last Week $165.57
Last Year $143.56
500-600 lbs
$154.47
$158.76
$140.46
600-700 lbs
$146.85
$151.38
$134.08
For detailed state-by-state feeder cattle quotes: National Feeder & Stocker Cattle Summary
5 Yr Avg
5 AREA WEEKLY WEIGHTED AVERAGE SLTR STEER PRICE ($/CWT) $180 $170 $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
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 mostly 2.00 to 8.00 lower. Yearlings and heavy weight steers were steady to weak with lower undertones noted. The supply of feeder cattle is fairly tight as there is competition in the marketplace with farmers trying to buy cattle at lower prices, especially farmer feeders with old crop corn to feed. Live and feeder cattle futures started the week by closing moderately lower and continued with a mostly downward trend for much of the week before seeing slight gains on Friday. Compared to last Friday, June live cattle futures ended the week 2.50 lower at 119.20 and August 2.90 lower at 115.27. Feeder cattle futures were 2.92 lower at 144.95 for August and 2.95 lower at 144.40 for September. Although the market lost support from the board throughout the week, there were still positive high-notes out in the field, including the sale of 200 head of home raised steers weighing 770 pounds at 178.00 in Valentine, Nebraska on Thursday. Throughout the week, cash cattle trade has moved lower and at a significantly quick pace. In the Southern Plains live trades were 5.00 to 11.00 lower from 122.00-123.00. In Nebraska live trades were 9.00 to 11.00 ...
300
200
More……..
REGIONAL WEIGHTED AVERAGE
100
FEEDER STEER PRICES 0
NORTH CENTRAL REGION
J
This Week $173.95
Last Week $169.97
Last Year $164.63
700-800 lbs
$159.26
$160.99
$151.06
800-900 lbs
$149.44
$149.28
$142.84
M
A
M
J
J
A
S
O
N
D
YEAR TO DATE 56 54
x 100000
Steers: 600-700 lbs
F
52
2017 YTD
50 48
2016 YTD
46 44
SOUTH CENTRAL REGION
2017 YTD
Steers: 500-600 lbs
This Week $163.20
Last Week $166.63
Last Year $151.10
600-700 lbs
$154.60
$156.58
$144.57
700-800 lbs
$147.61
$150.56
$140.54
SOUTHEAST REGION This Week $161.43
Last Week $165.57
Last Year $143.56
500-600 lbs
$154.47
$158.76
$140.46
600-700 lbs
$146.85
$151.38
$134.08
For detailed state-by-state feeder cattle quotes: National Feeder & Stocker Cattle Summary
5 Yr Avg
5 AREA WEEKLY WEIGHTED AVERAGE SLTR STEER PRICE ($/CWT) $180 $170 $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
