AM_LS169 St. Joseph, MO Fri Jun 19, 2009 USDA-MO Dept of Ag Market News Superior Video Auction Recap– Wed–Thu Jun 17-18, 2009 0fferings: 43,300 Compared to the last Superior auction June 2nd and 3rd, feeder steers sold 2.00-4.00 lower with heifers selling steady to the lower prices on the last sale. Summer deliveries of Eastern Region cattle were well tested and featured for the Lone Star and Gulf Coast Classic. Steers sold weak to 2.00 lower while heifer prices were actually 2.00-5.00 higher than the last sale, which was possibly hit too severely with weakness earlier in the month. Northcentral and Western Regions were not well tested as the fed cattle market and commodity prices have not been conducive to early contracting of fall delivery calves. The South Central Region sold approx. 41 percent of the receipts. Current Sale Previous Sale Steers Medium and Large 1-2 500-600 lbs 90 hd 550 lbs 109.25 252 hd 578 lbs 105.33 Summer 600-700 lbs 138 hd 685 lbs 95.00 320 hd 640 lbs 101.18 Summer 700-800 lbs 709 hd 756 lbs 96.24 1108 hd 748 lbs 98.17 Summer 800-900 lbs 290 hd 828 lbs 92.86 775 hd 811 lbs 94.95 Summer 400-500 lbs 345 hd 430 lbs 123.00 120 hd 415 lbs 125.75 Current 700-800 lbs 457 hd 751 lbs 94.53 1548 hd 758 lbs 97.03 Current 800-900 lbs 1729 hd 830 lbs 93.28 226 hd 862 lbs 91.11 Current The Eastern Region sold approx. 49 percent of the receipts. Current Sale Previous Sale Steers Medium and Large 1-2 500-600 lbs 2735 hd 551 lbs 95.23 947 hd 561 lbs 94.72 Summer 600-700 lbs 223 hd 655 lbs 96.14 471 hd 626 lbs 91.21 Summer 800-900 lbs 120 hd 825 lbs 91.25 236 hd 818 lbs 93.59 Summer 800-900 lbs 57 hd 850 lbs 91.00 233 hd 836 lbs 92.74 Current Supply includes 56 percent feeder steers and heifers over 600 lbs, 55 percent of supply steers and 45 percent heifers. Price Quotes and trend analysis are for Medium and Large 1 and/or 1-2 offerings sold in full loads which represent the bulk of the receipts for each individual region. Please refer to the complete report AM_LS753 for other grades, delivery periods, part loads, comments, and special conditions etc. All prices and weights are weighted averages of sales that occurred in that weight group, the weights in parenthesis are the actual weighted average. Prices for the 600-700 lbs weights are for calves in most cases. Prices FOB based on net weights after a 2-3 percent pencil shrink or equivalent, with a 3-6 cent slide on yearlings and 4-10 on calves. Current sales are up to 14 days, Summer deliveries July thru Sept and Fall deliveries October thru December. Deliveries current through February 2010. SOUTHCENTRAL STATES: (Texas, Oklahoma, New Mexico, Kansas and Missouri) Compared to the last sale, feeder steers sold 2.00-4.00 lower with heifers selling fully steady. The South Central Region sold approx. 41 percent of the receipts. Current Sale Previous Sale Steers Medium and Large 1-2 500-600 lbs 90 hd 550 lbs 109.25 252 hd 578 lbs 105.33 Summer 600-700 lbs 138 hd 685 lbs 95.00 320 hd 640 lbs 101.18 Summer 700-800 lbs 709 hd 756 lbs 96.24 1108 hd 748 lbs 98.17 Summer 800-900 lbs 290 hd 828 lbs 92.86 775 hd 811 lbs 94.95 Summer 400-500 lbs 345 hd 430 lbs 123.00 120 hd 415 lbs 125.75 Current 700-800 lbs 457 hd 751 lbs 94.53 1548 hd 758 lbs 97.03 Current 800-900 lbs 1729 hd 830 lbs 93.28 226 hd 862 lbs 91.11 Current Steers: Medium and Large 1 Current Delivery- 400-500 lbs 102 hd (485 lbs) 118.25; 500-600 lbs 160 hd (543 lbs) 106.71; 800-900 lbs 352 hd (852 lbs) 95.18. Summer Contracts- 400-500 lbs 120 hd (400 lbs) 123.00; 500-600 lbs 184 hd (537 lbs) 109.50. Medium and Large 1-2 Current Delivery- 400-500 lbs 345 hd (430 lbs) 123.00; 600-700 lbs 72 hd (675 lbs) 94.85; 700-800 lbs 457 hd (751 lbs) 94.53; 800-900 lbs 1729 hd (830 lbs) 93.28. Summer Contracts- 500-600 lbs 90 hd (550 lbs) 109.25; 600-700 lbs 138 hd (685 lbs) 95.00; 700-800 lbs 709 hd (756 lbs) 96.24; 800-900 lbs 290 hd (828 lbs) 92.86. Heifers: Medium and Large 1 Current Delivery- 500-600 lbs 239 hd (532 lbs) 96.23; 600-700 lbs 216 hd (680 lbs) 95.19; 700-800 lbs 199 hd (755 lbs) 94.55. Summer Contracts- 500-600 lbs 198 hd (500 lbs) 100.82; 600-700 lbs 800 hd (675 lbs) 95.25; 700-800 lbs 407 hd (734 lbs) 93.69. Medium and Large 1-2 Current Delivery- 600-700 lbs 153 hd (632 lbs) 93.74; 700-800 lbs 577 hd (771 lbs) 91.67; 800-900 lbs 364 hd (820 lbs) 88.07. Summer Contracts- 500-600 lbs 82 hd (565 lbs) 92.00; 600-700 lbs 153 hd (655 lbs) 91.88; 700-800 lbs 532 hd (748 lbs) 91.80; 800-900 lbs 181 hd (803 lbs) 90.61. NORTHCENTRAL STATES: (Colorado, Wyoming, Nebraska, Montana, North and South Dakota, and Iowa) Compared to the last sale, feeder cattle were not well tested with only 5 percent of the receipts. Steers: Not well tested Heifers: Medium and Large 1 Current Delivery- 400-500 lbs 160 hd (440 lbs) 107.00; 800-900 lbs 58 hd (850 lbs) 88.75. Summer Contracts- 600-700 lbs 535 hd (643 lbs) 95.65; 700-800 lbs 67 hd (750 lbs) 90.75. EASTERN STATES: (All states east of the Mississippi including Louisiana and Arkansas) Compared to the last sale, summer contracts of feeder steers traded weak to 2.00 lower with heifers actually 2.00-5.00 higher. The Eastern Region represented 49 percent of the receipts for the advertised special. Current Sale Previous Sale Steers Medium and Large 1-2 500-600 lbs 274 hd 532 lbs 95.53 88 hd 550 lbs 92.50 Fall 500-600 lbs 2735 hd 551 lbs 95.23 947 hd 561 lbs 94.72 Summer 600-700 lbs 223 hd 655 lbs 96.14 471 hd 626 lbs 91.21 Summer 800-900 lbs 120 hd 825 lbs 91.25 236 hd 818 lbs 93.59 Summer 800-900 lbs 57 hd 850 lbs 91.00 233 hd 836 lbs 92.74 Current Steers: Medium and Large 1-2 Current Delivery- 500-600 lbs 98 hd (500 lbs) 100.00; 700-800 lbs 126 hd (775 lbs) 94.47; 800-900 lbs 57 hd (850 lbs) 91.00. Summer Contracts- 400-500 lbs 98 hd (490 lbs) 93.50; 500-600 lbs 2735 hd (551 lbs) 95.23; 600-700 lbs 223 hd (655 lbs) 96.14; 800-900 lbs 120 hd (825 lbs) 91.25. Fall Contracts- 500-600 lbs 274 hd (532 lbs) 95.53. Heifers: Medium and Large 1-2 Current Delivery- 700-800 lbs 197 hd (745 lbs) 89.33. Summer Contracts- 400-500 lbs 96 hd (490 lbs) 92.75; 500-600 lbs 2324 hd (523 lbs) 88.26; 600-700 lbs 76 hd (640 lbs) 91.25; 700-800 lbs 545 hd (734 lbs) 89.87. Fall Contracts- 500-600 lbs 192 hd (510 lbs) 81.50. WESTERN STATES: (Arizona, Nevada, Utah, California, Idaho, Washington, and Oregon) Compared to the last sale, feeder cattle were not well tested with only 5 percent of receipts. Steers: Medium and Large 1 Summer Contracts- 500-600 lbs 85 hd (560 lbs) 109.75. ************************************************************************ REPLACEMENT CATTLE All replacement cattle deliveries current through November 2009. 300 head. Bred Cows: Medium and Large 2-3: South Central: Young 950 lb exposed heifers 1085.00 per head. East: Middle aged 1125 lb exposed cows 825.00 per head. Cow Calf Pairs: Medium and Large 1-2: South Central: Young to middle aged 1150 lb cows with 200 lb calves 1250.00 per pair. North Central: Young to middle aged 1230 lb cows with 100-300 lb calves 1275.00 per pair. East: Middle aged 1425 lb cows with 200-300 lb calves 1050.00 per pair. Source: USDA-TX Dept of Ag Market News, Amarillo, TX 806/372-6361 - email: amarillo.lgmn@usda.gov www.ams.usda.gov/mncs/mn_reports/am_ls169.txt 1730c cdw/jwb .