JC_LS759 Jefferson City, MO Tue Feb 2, 2010 MO Dept of Ag/USDA Market News Cuba- Interstate Regional Stockyards Feeder Cattle Weighted Average Report for 02/02/2010 Receipts: 690 Last Week: 1322 Year Ago: 1739 Compared to last Tuesday, feeder steers under 550 lbs steady. Steers over 550 lbs and feeder heifers 1.00-3.00 higher. Slaughter cows 2.00-3.00 higher. Supply light. Near 4 percent cows and 27 percent of the feeders were over 600 lbs. Feeder supply approximately 47 percent steers and bulls and 53 percent heifers. Stong demand despite the feeder board actually being lower so far this week. Longer term there seems to be more bullishness than we’ve seen in a while with lower beef production almost a certainty again for 2010 and analysts expecting an increase in exports in the range of 6 to 10 percent although domestic demand remains the thorn in our side. The winter weather was showing on several cattle this week with good to very good condition on most offerings. Light receipts due to recent snowfall in the area. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 7 363 363 120.00 120.00 6 435 435 118.00 118.00 4 456 456 117.50 117.50 31 515-540 522 105.50-111.00 109.07 14 585-592 586 96.25-104.00 102.88 10 600-645 628 94.00-96.50 94.73 5 662-695 675 95.00 95.00 9 723 723 95.50 95.50 3 740 740 94.75 94.75 Fleshy 6 750-770 763 94.00-95.00 94.33 Feeder Steers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 7 300-345 321 112.00-125.00 116.22 8 367-380 372 111.00-118.50 114.00 4 408-430 419 109.00-115.00 112.08 14 452-472 459 108.50-114.75 112.23 13 500-540 524 100.00-108.00 105.83 22 552-598 574 93.50-106.75 98.21 4 645 645 95.25-96.25 95.75 10 651-662 653 93.25-94.75 93.55 4 748 748 94.75 94.75 3 783 783 90.25 90.25 Feeder Steers Medium 1-2 Head Wt Range Avg Wt Price Range Avg Price 3 368 368 107.00 107.00 7 400-410 404 100.00-106.50 104.85 6 503-538 518 95.00-97.50 95.77 4 590-595 592 91.00-95.50 93.13 3 662 662 90.00 90.00 Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 24 410-448 435 100.00-108.00 104.60 11 459-467 461 94.00-102.50 100.15 34 500-532 521 94.75-101.00 97.23 21 555-595 586 93.00-94.00 93.70 18 606-647 633 90.75-94.75 92.96 3 670 670 89.75 89.75 14 707-740 714 87.00-90.50 89.10 4 750-755 752 86.25-87.00 86.62 Feeder Heifers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 14 352-395 363 94.00-101.00 97.83 20 412-445 431 92.50-103.00 99.07 29 456-495 480 90.00-102.00 95.29 9 505-538 526 92.50-95.50 94.49 14 560-582 572 89.50-93.00 90.74 16 601-635 616 89.75-93.00 92.07 5 678-690 682 87.75-88.75 88.50 9 715-723 722 83.50-88.00 86.42 8 758-794 776 81.75-85.25 83.46 Feeder Heifers Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price 5 432 432 89.50 89.50 5 555-598 581 87.50-89.00 88.43 Feeder Heifers Medium 1-2 Head Wt Range Avg Wt Price Range Avg Price 3 537 537 88.00 88.00 Feeder Bulls Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 3 477 477 107.50 107.50 9 503-525 513 106.00-107.50 106.68 5 585-595 589 88.00-94.00 91.58 3 605-622 616 87.00-93.50 89.13 4 655-695 682 84.25-88.50 85.56 Feeder Bulls Medium 1-2 Head Wt Range Avg Wt Price Range Avg Price 5 480 480 95.25 95.25 Source: MO Dept of Ag/USDA Market News Service, Duane Robertson, Market Reporter, 573-751-5618 24 Hour Market Report 1-573-522-9244 www.ams.usda.gov/mnreports/JC_LS759.txt 0705cst md .