NATIONAL WEEKLY FEEDER & STOCKER CATTLE SUMMARY USDA LIVESTOCK, POULTRY & GRAIN MARKET NEWS St. Joseph, Missouri Friday, October 6, 2017 Email:
[email protected] Receipts: This Week Last Week Year Ago CME FEEDER CATTLE INDEX ($/CWT) SJ_LS850 276,500 211,000 227,400 $180 $170 $160
$150 $140
$130 $120
$110 $100 J
F
M
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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 were mostly steady to 7.00 higher; however, calves were mixed, with sales quoted from 4.00 lower to 5.00 higher. Long-time weaned, preconditioned calves with a complete vaccination program saw sharply higher undertones, as cattle feeders are concerned that the rain and cooler weather may bring unwelcomed health issues to calves of fleshy, unweaned conditions. Demand for the week was moderate to very good, with moderate to active trade. Last Friday at the Fort Pierre Livestock Auction in Fort Pierre, South Dakota, there was a huge run of calves and yearlings with over 9,000 head on offer. Nearly 10 loads of heifers weighing 853 pounds sold for a remarkable 157.75. On Thursday at the Valentine Livestock Auction in Valentine, Nebraska, a load of fancy 517 pound steers sold at 205.00. CME live and feeder cattle futures closed in positive territory on Tuesday, Thursday, and Friday allowing both complexes to hold triple-digit gains for the week. Compared to last Friday, October live cattle futures closed up 1.93 at 111.03 and December was 116.93, up 1.68. October feeder cattle futures closed at 153.95, up 1.72 from last Friday, with November up 1.75 at 155.75...
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REGIONAL WEIGHTED AVERAGE
100
FEEDER STEER PRICES 0
NORTH CENTRAL REGION
J
This Week $163.61
Last Week $166.74
Last Year $132.12
700-800 lbs
$163.80
$162.17
$134.89
$158.96
800-900 lbs
$158.71
M
A
M
J
J
A
S
O
N
D
YEAR TO DATE 78 76
x 100000
Steers: 600-700 lbs
F
$131.58
74
2017 YTD
72 70
2016 YTD
68 66 64
SOUTH CENTRAL REGION
2017 YTD
Steers: 500-600 lbs
This Week $158.77
Last Week $160.03
Last Year $128.39
600-700 lbs
$154.80
$156.70
$126.21
700-800 lbs
$154.23
$153.75
$127.65
SOUTHEAST REGION This Week $156.56
Last Week $156.53
Last Year $123.29
500-600 lbs
$146.59
$146.60
$114.11
600-700 lbs
$140.20
$141.45
$108.03
For detailed state-by-state feeder cattle quotes: National Feeder & Stocker Cattle Summary
5 Yr Avg
5 AREA WEEKLY WEIGHTED AVERAGE SLTR STEER PRICE ($/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