JC_LS150
Jefferson City, MO    Wed Jul 02, 2008   MO Dept of Ag-USDA Market News

Cuba- Interstate Regional Stockyards
Feeder Cattle Auction for 07/01/2008
 
Receipts:  525    Last Week:  1089    Year Ago:  no sale
 
   Compared to last week feeders sold steady.  This week’s offering was 
very light and as nearly every farmer in the area was either making hay or 
cutting fescue seed.  The feeder offerings made up of 44 percent steers, 
1 percent Holstein steers, 38 percent heifers, and 17 percent feeder bulls. 
Near 38 percent of the feeder offerings were over 600 lbs.  Feeder demand 
was moderate. Slaughter Cows and Bulls made up near 20 percent of the total 
offerings and sold steady to 1.00 higher. The past week saw the release of 
several USDA reports. Basically reports only confirmed what most already 
had figured out. Corn prices have lost 35 cents the first two days of this 
week. Although prices remain over 7 bucks falling corn prices are typically 
a good thing for the cattle man. Also in news this week, 49 congressmen and 
women have realized the strain that using corn for fuel is causing and have 
appealed to the EPA to re-evaluate the ethanol mandate, time will only tell 
if anything becomes of this.

  Feeder Steers:  Medium and Large 1 500-550 lbs 110.00-112.50; 600-700 lbs 
112.75-114.50, calves 108.00.  Medium and Large 1-2  350-400 lbs 118.00; 400-
500 lbs 107.50-114.50; 500-600 lbs 104.00-110.25; 600-700 lbs 105.50-113.00; 
700-800 lbs 104.00-107.75.  Medium and Large 2  350-400 lbs 109.00-115.00.

   Feeder Holstein Steers:  Large 3  600-650 lbs 65.50.

  Feeder Heifers:  Medium and Large 1  500-600 lbs 98.00-102.00; 600-700 lbs 
94.25-97.00.  Medium and Large 1-2  450-500 lbs 98.00-102.50; 500-600 lbs 
94.50-97.50; 600-650 lbs 95.00-95.75; 700-750 lbs 92.25.  Medium and Large 2  
300-400 lbs 99.00-105.00; 400-500 lbs 95.00-96.00.

  Feeder Bulls:  Medium and Large 1-2  400-500 lbs 100.00-109.00; 500-
600 lbs 97.00-100.00; 600-700 lbs 94.75-99.00.

Slaughter Cows: Percent Lean  
          Percent Lean    Avg Dressing    High Dressing    Low Dressing
Breaking     70-80        58.00-63.00      65.00-69.75      ------     
Boneing      80-85        56.00-60.50      63.00-66.50      50.00-54.00
Lean         85-90        50.50-56.75      -------          43.50-49.00
                                                                         
Slaughter Bulls: Yield Grade 1-2
955-2325 lbs              68.50-75.75      -------          60.00-68.00
        
Replacement Cows:  Medium and Large 1-2  3 yrs to ss, 1150-1350 lbs, 1st to 3rd 
stage, 680.00-810.00 per head.  Medium and Large 2  3 yrs to ss, 800-1100 
lbs, 1st to 3rd stage, 570.00-650.00 per head.

Source:  MO Dept of Ag-USDA Market News Service, Cuba, MO
         Tony Hancock, Market Reporter 573-751-5618
         24 hour recorded report 1-573-522-9244
         www.ams.usda.gov/mnreports/JC_LS156.txt

0746cdt md





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