SJ_LS750 St. Joseph, MO Wed Jul 2, 2008 USDA-MO Dept of Ag Market News St. Joseph, MO Stockyards Feeder Cattle Weighted Average Report for 07/02/2008 Receipts: 1550 Last Week: 275 Year Ago: 350 Demand was very good for this week's advertised yearling special which could very well become an annual event based on this year's results. Due to seasonally light receipts over the last few weeks, price comparisons were not possible but a definite higher undertone prevailed. Supply included several large consignments of yearlings with buyers aggressive on all classes. Attractive winter and spring CME Live Cattle contracts have caused cattle feeders to turn a blind eye to record-high feed prices. Offering included 65 percent steers and 32 percent heifers with around 54 percent of the cattle weighing over 600 lbs. Note: For the remainder of the summer schedule, St. Joseph Stockyards will sell feeder cattle at 9:00 AM and slaughter cows at 12:00 PM on Wednesdays. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 9 446 446 134.00 134.00 12 513-518 517 125.00-129.00 128.01 72 563-581 574 117.00-124.50 120.37 30 616-634 625 116.75-121.00 118.93 84 656-681 669 118.00-124.00 121.95 22 700-705 702 120.00-120.50 120.34 6 757 757 116.85 116.85 72 801-814 805 113.75-114.60 114.31 131 852-890 854 108.00-109.75 108.50 85 930-942 936 102.35-109.35 105.74 49 961 961 106.35 106.35 34 1005 1005 103.75 103.75 Feeder Steers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 15 358-396 382 131.00-134.50 132.09 10 413-434 423 124.00-128.00 125.66 7 482-493 485 117.50-121.00 118.52 56 500-548 528 117.00-125.00 121.53 4 530 530 114.00 114.00 Fleshy 42 563-597 574 112.00-117.00 113.47 4 558 558 110.50 110.50 Full 12 603-646 636 112.00-117.00 114.42 11 666-690 674 110.00-116.50 114.95 16 661 661 109.00 109.00 Calves 38 706-745 738 116.85-119.00 117.27 23 768-794 785 110.50-113.75 111.61 31 810-818 817 111.50-112.10 112.00 9 890 890 108.25 108.25 3 952 952 102.50 102.50 7 1031 1031 95.00 95.00 Feeder Steers Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price 12 484 484 114.75 114.75 Thin 7 515-541 534 104.50-105.00 104.64 11 547 547 112.00 112.00 Thin 10 568-586 575 100.00-104.50 101.83 18 708-743 722 105.25-110.00 106.46 12 838 838 93.00-105.75 102.56 Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 8 381 381 116.00 116.00 9 400-415 410 114.00-114.50 114.11 35 469-493 482 114.00-114.50 114.14 68 500-543 524 113.50-119.25 116.13 72 552-595 580 112.00-116.75 115.08 7 563 563 108.00 108.00 Fleshy 21 627-635 631 111.00-113.25 112.31 6 678 678 105.50 105.50 15 705-731 722 109.85-110.25 109.98 6 796 796 107.75 107.75 12 837 837 105.85 105.85 Feeder Heifers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 6 353-393 373 111.50-116.00 113.87 12 422-448 442 109.50-116.00 114.45 10 464-475 469 109.00-114.00 111.93 47 503-549 531 111.00-115.00 112.24 25 557-593 574 109.50-113.50 111.70 6 614-633 620 100.00-103.00 101.02 12 650 650 105.00 105.00 4 650 650 92.50 92.50 Fleshy 12 760 760 105.10-105.25 105.14 Feeder Heifers Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price 3 395 395 95.00 95.00 3 438 438 103.50 103.50 3 457 457 102.00 102.00 15 462 462 105.25 105.25 Thin 11 505-514 511 101.00-105.00 103.56 19 529 529 113.75 113.75 Thin 13 567-587 579 95.00-105.00 102.66 5 651 651 102.25 102.25 Thin 5 765 765 104.25 104.25 Thin Feeder Bulls Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 4 416 416 125.00 125.00 10 483 483 114.00-122.00 116.20 9 547 547 111.00 111.00 14 553-575 572 109.50-113.75 110.09 4 664 664 107.50 107.50 Source: USDA-MO Dept of Ag Market News Service, Corbitt Wall, OIC Market Reporter, 816-238-0678 24 Hour Market Report 1-573-522-9244 www.ams.usda.gov/mnreports/SJ_LS750.txt 1447c cdw .