NATIONAL WEEKLY FEEDER & STOCKER CATTLE SUMMARY USDA LIVESTOCK, POULTRY & GRAIN MARKET NEWS St. Joseph, Missouri Friday, November 24, 2017 Email:
[email protected] Receipts: This Week Last Week Year Ago CME FEEDER CATTLE INDEX ($/CWT) SJ_LS850 101,900 349,000 146,100 $180 $170 $160
$150 $140
$130 $120
$110 $100 J
F
M
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M
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2017
J
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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, feeder cattle and calf markets were not well tested nationwide due to limited marketing during the Thanksgiving holiday week. Some auctions did hold specials on Monday and Tuesday this week, however their receipts were not up to par with last years. Demand was high at Green City, MO on Tuesday for their annual Thanksgiving Yearling Special with near 2,000 head of top quality yearlings on offer. The "market" has pulled back a bit in the past couple weeks however load lots on offer held a certain unrestrained optimism. Stock at that auction went mostly to repeat buyers who know firsthand how well those cattle perform in the feedyard. A load of 828 lb steers sold at 164.50 and another full load of 878 lb steers sold at 162.25. Last year at the same sale, a load of 818 lb steers sold at 139.00.....25.00 per cwt difference or around $200 per head. Their calf special scheduled for today is estimating 3,000 head on the consignment sheet. Oklahoma City National Stockyards on Monday sold over 7,000 head of stock with only steers under 450 lbs being called higher. Even though feeder cattle receipts hit a speed bump this Thanksgiving week, fed cattle marketing in the 5-Area ...
300
200
More……..
REGIONAL WEIGHTED AVERAGE
100
FEEDER STEER PRICES 0
NORTH CENTRAL REGION This Week $163.82
Last Week $165.28
700-800 lbs
$158.80
$160.06
$133.31
800-900 lbs
$150.64
$161.37
$129.96
F
M
A
M
J
J
A
S
O
N
D
YEAR TO DATE
Last Year $131.95
100
x 100000
Steers: 600-700 lbs
J
95
90
2017 YTD
85
2016 YTD
80
SOUTH CENTRAL REGION
2017 YTD
Steers: 500-600 lbs
This Week $164.59
Last Week $164.22
Last Year $139.52
600-700 lbs
$154.82
$158.48
$129.76
700-800 lbs
$153.74
$155.62
$130.66
SOUTHEAST REGION This Week $153.97
Last Week $161.24
Last Year $128.98
500-600 lbs
$148.64
$150.95
$123.51
600-700 lbs
$146.26
$143.27
$118.09
For detailed state-by-state feeder cattle quotes: National Feeder & Stocker Cattle Summary
5 Yr Avg
5 AREA WEEKLY WEIGHTED AVERAGE SLTR STEER PRICE ($/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