JC_LS158
Jefferson City, MO    Thu Jul 03, 2008    MO Dept of Ag-USDA Market News

Green City - Green City Livestock Auction
Feeder Cattle Auction for 07/02/08

Receipts:  3934    2 Weeks Ago:  2844    Year Ago:  4758

   Compared with the previous auction; feeder steers and heifers
4.00-6.00 higher.  Slaughter cows 2.00 higher.  A very active market
and a large crowd on hand for the annual July barbeque special with a
free ribeye sandwich lunch for everyone.  Mostly yearlings offered with
about 35 full loads and the quality very attractive.  Corn prices were
up nearly the thirty cent limit Wednesday, but so was the Live Cattle
Futures.  Boxed Beef prices have been climbing rapidly the last two
weeks and most people expect the cash steer trade to take place on
Thursday for at least 100.00 and possibly more.  Demand very good
and the supply moderate.  Cows and bulls accounted for 2 percent of the
run and feeders 98 percent.  In the feeder supply, steers made up
approximately 73 percent of the run and heifers 27 percent.  Offerings
over 600 lbs totaled around 82 percent.

   Feeder Steers:  Medium and Large 1  400-500 lbs 127.25-134.75;
500-600 lbs 121.00-131.50, Thin Pkg 594 lbs 124.75; 600-700 lbs
118.00-130.50; 700-800 lbs 112.25-118.60; 800-900 lbs 113.40-118.30;
900-950 lbs 109.00-111.00.  Medium and Large 1-2 Pkg 496 lbs 131.00;
Pkg 575 lbs 128.00; 600-700 lbs 117.00-124.00; 700-800 lbs 112.50-113.75;
800-850 lbs 115.20-115.50.

   Feeder Heifers:  Medium and Large 1 Few 300-400 lbs 121.00-121.25;
400-500 lbs 120.50-122.50; 500-600 lbs 117.75-120.25, Fleshy 532 lbs
110.50; 600-700 lbs 110.25-120.00, Fleshy 620 lbs 106.00; 700-750 lbs
108.75-113.25.  Medium and Large 1-2 Pkg 361 lbs 121.00; 500-600 lbs
114.00-123.75, Fleshy 109.50; 600-700 lbs 110.50-118.25; 700-800 lbs
107.25-110.00.

   Slaughter Cows: 
            Percent Lean    Avg Dressing   Hi Dressing    Lo Dressing
Breaking    70-80           56.00-61.50          63.50
Boning      80-85           54.50-59.25    61.50-62.75    49.75-54.00
Lean        85-90

   Slaughter Bulls:  Yield Grade 1-2  1350-2350 lbs 65.75-70.25.


Source: MO Dept of Ag-USDA Market News Service, Green City, MO
        Steve Disselhorst, Market Reporter, 573-751-5618
        24 hour recorded report, 573-522-9244
        www.ams.usda.gov/mnreports/JC_LS158.txt

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