JC_LS142
Jefferson City, MO    Tue Jul 01, 2008    MO Dept of Ag-USDA Market News

Palmyra - F and T Livestock Market
Feeder Cattle Auction for 06/30/08

Receipts:  234    Week Ago:  457    Year Ago:  436

   Compared with the previous auction; feeder steer and heifer trend
not established.  Slaughter cows 2.00-4.00 higher.  Very few cattle
moving as farmers are back in the fields trying to get something done
before the next rain event which is predicted for later this week.  The
Mississippi River is falling which is finally relieving some of the
stress on the area levies as well as the people that worked so hard to
see that they were maintained.  Demand was moderate to good and the
supply light.  Cows and bulls accounted for 38 percent of the run
and feeders 62 percent.  In the feeder supply, steers and bulls made up
approximately 50 percent of the run; heifers 50 percent; steers and
heifers over 600 lbs totaled around 40 percent.

   Feeder Steers:  Medium 1-2 Couple Packages 500-600 lbs 110.00.
Medium 2 Pkg 718 lbs 97.00.

   Feeder Heifers:  Medium and Large 1-2 Lot 794 lbs 99.00.  Medium 1-2
Pkg 360 lbs 108.00; 500-600 lbs 97.00-102.75.  Medium 2 Pkg 423 lbs
104.00.

   Feeder Bulls:  Medium and Large 1-2 Pkg 460 lbs 120.00; Pkg 550 lbs
107.00.  Medium 1-2 Pkg 355 lbs 115.00; Pkg 457 lbs 105.50; Few
550-600 lbs 93.75-98.00.

   Slaughter Cows:
            Percent Lean    Avg Dressing   Hi Dressing    Lo Dressing
Breaking    70-80           57.50-62.75    65.50-70.75    50.00-55.50
Boning      80-85           55.00-61.75    63.00-65.00    48.50-55.00
                                            Ind 72.00
Lean        85-90                                         43.50-48.00

   Slaughter Bulls:  Yield Grade 1-2  1200-2100 lbs 65.00-71.50;
Low Dressing individual 62.25.


Source: MO Dept of Ag-USDA Market News Service, Palmyra, MO
        Steve Disselhorst, Market Reporter, 573-751-5618
        24 hour recorded report, 573-522-9244
        www.ams.usda.gov/mnreports/JC_LS142.txt

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