National Weekly Feeder and Stocker Cattle Summary - USDA
NATIONAL WEEKLY FEEDER & STOCKER CATTLE SUMMARY USDA LIVESTOCK, POULTRY & GRAIN MARKET NEWS St. Joseph, Missouri Friday, August 4, 2017 Email: [email protected] Receipts: This Week Last Week Year Ago CME FEEDER CATTLE INDEX ($/CWT) SJ_LS850 377,500 251,700 275,700 $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, feeder steers and heifers sold mostly steady to 5.00 higher. Steer and heifer calves traded steady to 3.00 higher on light offerings. Demand moderate to good on moderate to active trading. The week opened slowly with the Oklahoma and Joplin Stockyards reporting light receipts, which gave an unclear direction to the early week feeder market. Cattle producers opted to stay out of the market with the bearish Cattle on Feed Report still in their minds from two weeks ago. Heat advisories throughout regions in the southern plains also played a role this week, with cattle producers staying on the sidelines. However, receipts gained ground mid-week as CME cattle futures closed in positive territory on Tuesday and Wednesday. This, along with some cooler temperatures and moisture in much needed areas, acquired the confidence of producers. Farmer feeders continue to push prices to higher levels as they are banking on a good corn crop. The corn ratings declined by 1 percent this week, with the corn crop rated at 61 percent in the good or excellent category; however, corn yields are still estimated to range from 164166 bushels per acre and are still high enough to satisfy demand...
300
200
More……..
REGIONAL WEIGHTED AVERAGE
100
FEEDER STEER PRICES 0
NORTH CENTRAL REGION This Week $173.41
Last Week $169.21
700-800 lbs
$166.84
$160.71
$156.70
800-900 lbs
$156.79
$157.68
$148.61
F
M
A
M
J
J
A
S
O
N
D
YEAR TO DATE
Last Year $163.31
62
x 100000
Steers: 600-700 lbs
J
60 58
2017 YTD
56
2016 YTD
54 52
SOUTH CENTRAL REGION
2017 YTD
Steers: 500-600 lbs
This Week $161.48
Last Week $163.19
Last Year $156.76
600-700 lbs
$156.73
$157.04
$152.54
700-800 lbs
$151.46
$150.01
$148.60
800-900 lbs $146.98 SOUTHEAST REGION
$143.79
$144.53
This Week $159.07
Last Week $157.39
Last Year $149.53
500-600 lbs
$150.49
$149.61
$140.91
600-700 lbs
$142.58
$143.56
$135.46
For detailed state-by-state feeder cattle quotes: National Feeder & Stocker Cattle Summary
5 Yr Avg
5 AREA WEEKLY WEIGHTED AVERAGE SLTR STEER PRICE ($/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, feeder steers and heifers sold mostly steady to 5.00 higher. Steer and heifer calves traded steady to 3.00 higher on light offerings. Demand moderate to good on moderate to active trading. The week opened slowly with the Oklahoma and Joplin Stockyards reporting light receipts, which gave an unclear direction to the early week feeder market. Cattle producers opted to stay out of the market with the bearish Cattle on Feed Report still in their minds from two weeks ago. Heat advisories throughout regions in the southern plains also played a role this week, with cattle producers staying on the sidelines. However, receipts gained ground mid-week as CME cattle futures closed in positive territory on Tuesday and Wednesday. This, along with some cooler temperatures and moisture in much needed areas, acquired the confidence of producers. Farmer feeders continue to push prices to higher levels as they are banking on a good corn crop. The corn ratings declined by 1 percent this week, with the corn crop rated at 61 percent in the good or excellent category; however, corn yields are still estimated to range from 164166 bushels per acre and are still high enough to satisfy demand...
300
200
More……..
REGIONAL WEIGHTED AVERAGE
100
FEEDER STEER PRICES 0
NORTH CENTRAL REGION This Week $173.41
Last Week $169.21
700-800 lbs
$166.84
$160.71
$156.70
800-900 lbs
$156.79
$157.68
$148.61
F
M
A
M
J
J
A
S
O
N
D
YEAR TO DATE
Last Year $163.31
62
x 100000
Steers: 600-700 lbs
J
60 58
2017 YTD
56
2016 YTD
54 52
SOUTH CENTRAL REGION
2017 YTD
Steers: 500-600 lbs
This Week $161.48
Last Week $163.19
Last Year $156.76
600-700 lbs
$156.73
$157.04
$152.54
700-800 lbs
$151.46
$150.01
$148.60
800-900 lbs $146.98 SOUTHEAST REGION
$143.79
$144.53
This Week $159.07
Last Week $157.39
Last Year $149.53
500-600 lbs
$150.49
$149.61
$140.91
600-700 lbs
$142.58
$143.56
$135.46
For detailed state-by-state feeder cattle quotes: National Feeder & Stocker Cattle Summary
5 Yr Avg
5 AREA WEEKLY WEIGHTED AVERAGE SLTR STEER PRICE ($/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
