JC_LS754 Jefferson City, MO Wed Jul 16, 2008 MO Dept of Ag/USDA Market News Boonville- Farmers Livestock Auction Feeder Cattle Weighted Average Report for 07/15/2008 Receipts: 1008 3 Weeks Ago: 1031 Year Ago: 1079 No recent price comparison available as the last sale date was three weeks ago. Several mid to large consignments of yearling cattle were available and those offerings drew the most interest. Also a larger than normal supply of bred cows and pairs on offer, including a few partial or complete dispersals due to local cattlemen that have converted their summer pasture acres to crop ground. CBOT Corn contracts closed lower again Tuesday and most months have lost around 1.00/bu in the past couple of weeks. Crop conditions have improved in recent weeks due to more seasonal weather after a devastating start to the planting and growing season. Of course this news offers no guarantees but farmers are eternally optimistic. Supply and demand moderate. Cows and bulls accounted for 24 percent of the total offering. The feeder supply consisted of 52 percent steers and bulls and 48 percent heifers; 61 percent of the total feeder offering weighed over 600 lbs. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 4 540-548 544 116.50-117.00 116.75 39 606-642 618 111.50-114.00 113.71 7 609 609 119.75 119.75 Fancy 12 673 673 115.50 115.50 13 745 745 111.75 111.75 30 802-818 810 106.75-108.00 107.42 Feeder Steers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 5 443-448 446 114.00-115.00 114.40 6 454-458 455 110.50-112.50 111.83 21 500-539 533 109.50-115.00 113.83 3 587 587 112.00 112.00 8 613-649 640 110.50-113.75 112.97 17 664-695 673 107.00-111.75 108.30 4 983 983 93.00 93.00 Feeder Steers Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price 4 450-473 462 108.00-111.00 109.54 Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 5 392 392 113.50 113.50 4 400-428 414 106.50-107.00 106.76 3 452 452 111.00 111.00 4 524 524 105.00 105.00 5 529 529 112.50 112.50 Thin 28 608 608 107.75 107.75 6 721 721 104.00 104.00 4 875 875 95.00 95.00 Feeder Heifers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 4 383 383 105.00 105.00 11 457-488 465 99.00-103.75 102.39 30 505-521 519 100.00-105.25 104.71 19 558-595 576 99.00-105.50 103.11 5 618-620 619 97.50 97.50 Fleshy 16 673-696 692 100.00-103.85 103.15 63 711 711 104.60 104.60 3 792 792 97.00 97.00 3 862 862 94.00 94.00 Feeder Bulls Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 3 337 337 116.00 116.00 18 402-449 426 109.00-114.50 111.87 21 504-543 517 103.00-110.50 105.88 9 607-608 607 104.25-105.00 104.42 Feeder Bulls Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price 3 737 737 90.50 90.50 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_LS754.txt 0721cdt md .