NATIONAL WEEKLY FEEDER & STOCKER CATTLE SUMMARY USDA LIVESTOCK, POULTRY & GRAIN MARKET NEWS St. Joseph, Missouri Friday, September 29, 2017 Email:
[email protected] Receipts: This Week Last Week Year Ago CME FEEDER CATTLE INDEX ($/CWT) SJ_LS850 211,000 341,100 225,200 $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 were uneven, mostly 4.00 lower to 4.00 higher as some sales early in the week quoted up to 8.00 lower and later in the week quoted 7.00 to 8.00 higher. Demand for feeder cattle and yearlings was moderate to very good, with many headed home to farmer feeders. For unweaned or short-weaned calves, demand was light to moderate at best. Corn harvest is in full swing, with farmers looking to feed part of their corn crop to livestock, especially with the lower grain prices across the country. Receipts were somewhat curtailed and wheat planting halted as rain and cooler temperatures moved through the Southern Plains. On Thursday at the Valentine Livestock Auction in Valentine, Nebraska, there were many bell-ringing sales. There were two loads of steers weighing 719 pounds at 182.75 and a load of 866 pound steers bringing 171.25. An impressive amount of 159.00 was paid for a load of 853 pound heifers, which was only 5.00 lower than steers at the same weight. The Phillip Livestock Auction in Phillip, South Dakota had noteworthy sales on Tuesday, with a load of 530 pound steers selling at 196.00. Follow the leader was played this week, with feeder cattle trading mostly ...
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REGIONAL WEIGHTED AVERAGE
100
FEEDER STEER PRICES 0
NORTH CENTRAL REGION
J
This Week $166.74
Last Week $167.25
Last Year $136.24
700-800 lbs
$162.17
$161.20
$138.86
$158.71
800-900 lbs
$157.15
M
A
M
J
J
A
S
O
N
D
YEAR TO DATE 76 74
x 100000
Steers: 600-700 lbs
F
$135.46
72
2017 YTD
70 68
2016 YTD
66 64 62
SOUTH CENTRAL REGION
2017 YTD
Steers: 500-600 lbs
This Week $160.03
Last Week $160.57
Last Year $135.38
600-700 lbs
$156.70
$157.78
$132.96
700-800 lbs
$153.75
$154.62
$131.99
SOUTHEAST REGION This Week $156.53
Last Week $159.10
Last Year $130.36
500-600 lbs
$146.60
$148.67
$120.67
600-700 lbs
$141.45
$142.04
$114.95
For detailed state-by-state feeder cattle quotes: National Feeder & Stocker Cattle Summary
5 Yr Avg
5 AREA WEEKLY WEIGHTED AVERAGE SLTR STEER PRICE ($/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