JC_LS753
Jefferson City, MO    Fri Jun 27, 2008    MO Dept of Ag/USDA Market News
 
Passaic- Mo Kan Livestock Market, Inc.
Feeder Cattle Weighted Average Report for 06/26/2008
 
Receipts:  422    Last Week:  703    Year Ago:  No Sale

   A light run of feeder steers and heifers offered little comparison in 
any weight or class to last week but cattle sold with a lower undertone. 
Slaughter cows 1.00-3.00 higher, slaughter bulls 3.00-4.00 higher. The 
feeder cattle available this week were offered in single lots and very 
small packages with few front end cattle available with little to entice 
the light crowd of buyers on hand. CBOT Corn contracts soared again 
by the close of business Thursday with all months now topping $7.50/bu. A 
pencil and paper isn’t needed to do the math on recent purchases with 
feed costs like that. A video auction was held in conjunction with the 
regular feeder cattle sale with 11 loads of 870 lb steers (638 total hd) 
on offer bringing 109.85.  Cattle will be gathered, penned for 
approximately 2 weeks before being loaded and hauled 6 miles and weighed 
with a 03 percent shrink. Supply and demand light. Cows and bulls 
accounted for 21 percent of the total offering. The feeder supply 
included 40 percent steers and bulls and 60 percent heifers; 23 percent 
of all feeders weighed over 600 lbs. 

***Cattlemen’s Note: Mo-Kan Livestock Market will be closed next 
Thursday, July 3rd in observance of Independence Day. Next sale date 
Thursday, July 10th with a Special Stock Cow Sale to follow at 6 p.m.***

                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3      537       537       106.25         106.25   Fleshy
    4      554       554       112.25         112.25

    6    633-641     637    107.00-108.00     107.50
    4      683       683       107.50         107.50

    7    716-735     724    106.00-107.50     106.65

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    6    480-495     490    112.00-113.00     112.67
   11    535-544     540    108.50-110.00     109.32
    3      758       758       101.00         101.00

                Feeder Steers Medium and Large 2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    6    505-528     519    104.00-106.00     104.84
    3      585       585       103.00         103.00

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    8    527-548     540    100.50-105.00     103.35
    3      580       580       101.50         101.50

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    7    433-440     436    100.00-102.00     100.78
   13    470-498     480     96.50-99.75       98.78
   12    503-535     520     94.50-99.50       96.62
   10    550-557     554        96.50          96.50
    6      600       600        95.75          95.75
    5    680-695     686     98.00-100.25      99.34

                Feeder Heifers Medium and Large 2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    6    442-445     444     96.50-98.00       97.25
    7    493-499     496        92.00          92.00
    9    528-548     539     90.00-93.50       92.71
    5      623       623        92.25          92.25

                 Feeder Bulls Medium and Large 2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3      536       536        93.00          93.00
    4    658-695     676     88.50-89.25       88.86

Source:  MO Dept of Ag/USDA Market News Service 
         Tracey Switzer, Market Reporter, 573-751-5618
         24 Hour Market Report 1-573-522-9244
         www.ams.usda.gov/mnreports/JC_LS753.txt
 
0711cdt md





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