REGIONAL WEIGHTED AVERAGE
NATIONAL WEEKLY FEEDER & STOCKER CATTLE SUMMARY USDA LIVESTOCK, POULTRY & GRAIN MARKET NEWS St. Joseph, Missouri Friday, October 20, 2017 Email: [email protected] Receipts: This Week Last Week Year Ago CME FEEDER CATTLE INDEX ($/CWT) SJ_LS850 360,000 287,700 325,200 $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 very uneven from 4.00 lower to 4.00 higher as sales were all over the board and in between with some uneasiness over the amount of cattle on feed. With last months industry miss in the placement number, the industry was abuzz that there may be deja vu all over again. And sure enough, the COF and Marketing numbers were relatively close to industry expectations with a 105 and 103 put up by NASS, however industry analysts were amiss with the placement number coming in at 113 percent of a year ago. Feedyards and ranchers were wanting to own the higher quality stock this week as evidenced by some pretty lofty prices reported in Nebraska and South Dakota this week. On Wednesday at Bassett, NE a load of 703 lb yearling steers sold at 189.75 and two and a half loads of 907 lb steers at Hub City Livestock in Aberdeen, SD sold for 165.10. The gavel fell on two loads of 423 lb reputation unweaned steer calves on Thursday at Ogallala, NE at 235.00 while a load of 507 lbs Thin fleshed steers sold in Valentine, NE for 206.25. The CME Live and Feeder Cattle contracts tumbled somewhat and the front two Live Cattle contracts settled 0.50 to ....
300
200
More……..
REGIONAL WEIGHTED AVERAGE
100
FEEDER STEER PRICES 0
NORTH CENTRAL REGION This Week $166.02
Last Week $165.62
700-800 lbs
$165.08
$159.96
$125.97
800-900 lbs
$155.80
$158.76
$122.65
F
M
A
M
J
J
A
S
O
N
D
YEAR TO DATE
Last Year $125.90
85
x 100000
Steers: 600-700 lbs
J
80
75
2017 YTD
70
2016 YTD
65
SOUTH CENTRAL REGION
2017 YTD
Steers: 500-600 lbs
This Week $161.29
Last Week $160.35
Last Year $119.03
600-700 lbs
$154.20
$156.34
$117.09
700-800 lbs
$152.86
$156.39
$120.59
800-900 lbs $150.80 SOUTHEAST REGION
$156.15
$120.41
This Week $157.06
Last Week $156.62
Last Year $115.99
500-600 lbs
$147.39
$148.60
$109.27
600-700 lbs
$140.47
$140.51
$102.96
For detailed state-by-state feeder cattle quotes: National Feeder & Stocker Cattle Summary
5 Yr Avg
5 AREA WEEKLY WEIGHTED AVERAGE SLTR STEER PRICE ($/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
$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 very uneven from 4.00 lower to 4.00 higher as sales were all over the board and in between with some uneasiness over the amount of cattle on feed. With last months industry miss in the placement number, the industry was abuzz that there may be deja vu all over again. And sure enough, the COF and Marketing numbers were relatively close to industry expectations with a 105 and 103 put up by NASS, however industry analysts were amiss with the placement number coming in at 113 percent of a year ago. Feedyards and ranchers were wanting to own the higher quality stock this week as evidenced by some pretty lofty prices reported in Nebraska and South Dakota this week. On Wednesday at Bassett, NE a load of 703 lb yearling steers sold at 189.75 and two and a half loads of 907 lb steers at Hub City Livestock in Aberdeen, SD sold for 165.10. The gavel fell on two loads of 423 lb reputation unweaned steer calves on Thursday at Ogallala, NE at 235.00 while a load of 507 lbs Thin fleshed steers sold in Valentine, NE for 206.25. The CME Live and Feeder Cattle contracts tumbled somewhat and the front two Live Cattle contracts settled 0.50 to ....
300
200
More……..
REGIONAL WEIGHTED AVERAGE
100
FEEDER STEER PRICES 0
NORTH CENTRAL REGION This Week $166.02
Last Week $165.62
700-800 lbs
$165.08
$159.96
$125.97
800-900 lbs
$155.80
$158.76
$122.65
F
M
A
M
J
J
A
S
O
N
D
YEAR TO DATE
Last Year $125.90
85
x 100000
Steers: 600-700 lbs
J
80
75
2017 YTD
70
2016 YTD
65
SOUTH CENTRAL REGION
2017 YTD
Steers: 500-600 lbs
This Week $161.29
Last Week $160.35
Last Year $119.03
600-700 lbs
$154.20
$156.34
$117.09
700-800 lbs
$152.86
$156.39
$120.59
800-900 lbs $150.80 SOUTHEAST REGION
$156.15
$120.41
This Week $157.06
Last Week $156.62
Last Year $115.99
500-600 lbs
$147.39
$148.60
$109.27
600-700 lbs
$140.47
$140.51
$102.96
For detailed state-by-state feeder cattle quotes: National Feeder & Stocker Cattle Summary
5 Yr Avg
5 AREA WEEKLY WEIGHTED AVERAGE SLTR STEER PRICE ($/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
