regional weighted average

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NATIONAL WEEKLY FEEDER & STOCKER CATTLE SUMMARY USDA LIVESTOCK, POULTRY & GRAIN MARKET NEWS St. Joseph, Missouri Friday, January 5, 2018 Email: [email protected] Receipts: This Week 2 Wks Ago Year Ago CME FEEDER CATTLE INDEX ($/CWT) SJ_LS850 143,000 157,000 258,300 $180 $170 $160

$150 $140

$130 $120

$110 $100 J

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5 YR AVG

NATIONWIDE REPORTED WEEKLY FEEDER CATTLE AUCTION RECEIPTS (Receipts vary depending on the number of auctions reported)

400

Thousands

Compared to two weeks ago, steers and heifers were mostly 2.00 to 8.00 higher as buyers were back in the seats ready to fill orders. There were still several auctions nationwide that didn't have sales this week due to the holiday or the bone chilling Polar Vortex that encapsulated much of the country this week. Limited auction receipts only totaled 116,000 this week on the report, with a much larger volume expected next week. Demand was moderate to good for all weights of feeder cattle as most buyers could find a ready home for nearly all weights and classes, especially those that will finish before that ever so elusive June Live Cattle contract. The extremely cold weather the past week has tempered the flesh condition on those fleshier calves enough to make them more attractive for buyers. Reports that farmer feeders in the North Plains were content to mostly stay on the sidelines this week as they concentrate on keeping the feedyard equipment running instead of receiving and processing cattle in the subzero temperatures. After last week's 3.00 uptick in cash fed cattle sales in the Plains; this week South Plains live sales were 1.00 lower at 122.00 while dressed sales in the North Plains were steady to 2.00 lower ...

300

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More……..

REGIONAL WEIGHTED AVERAGE

100

FEEDER STEER PRICES 0

NORTH CENTRAL REGION

J

This Week $169.47

2 Wks Ago $167.26

Last Year $143.91

700-800 lbs

$160.28

$162.31

$137.39

800-900 lbs

$153.66

$154.08

$134.05

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YEAR TO DATE 4

x 100000

Steers: 600-700 lbs

F

2017 YTD

2

2016 YTD 0

SOUTH CENTRAL REGION

2017 YTD

Steers: 500-600 lbs

This Week $173.20

2 Wks Ago $163.93

Last Year $146.68

600-700 lbs

$161.51

$153.58

$137.72

700-800 lbs

$154.10

$149.05

$133.60

SOUTHEAST REGION This Week $180.26

2 Wks Ago $160.69

Last Year $138.54

500-600 lbs

$162.73

$151.41

$130.22

600-700 lbs

$150.56

$141.62

$122.20

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

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5 YR AVG

USDA Livestock, Poultry, & Grain Market News St. Joseph, Missouri Phone: 816-676-7000

http://www.ams.usda.gov/LSMarketNews