JC_LS764
Jefferson City, MO    Tue Feb 7, 2012    MO Dept of Ag/USDA Market News

Palmyra- F and T Livestock Auction
Feeder Cattle Weighted Average Report for 02/06/2012

Receipts:  234    Week Ago:  760    Year Ago:  86

   Compared to last week, too few feeder steers and heifers to
establish a trend.  Slaughter cows 6.00-8.00 higher.  Cow prices were
sharply higher as the slaughter cow buyers have become more aggressive
the past couple of weeks, competing for a dwindling supply as the dry
conditions around the South and Midwest have improved thanks to recent
rains.  Bred cows of adequate quality should also continue sell well as
we move closer to the early days of spring.  Demand moderate to good
and supply light.  Cows and bulls accounted for 35 percent of the run
and feeders 65 percent.  In the feeder supply, steers and bulls made up
approximately 60 percent of the run; heifers 40 percent; steers and
heifers over 600 lbs totaled around 15 percent.

                    Feeder Steers Medium 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    8    350-397     373    170.00-180.00     174.97
    3      445       445       173.50         173.50
    4    450-455     451    173.00-175.00     173.50
    2      535       535       151.00         151.00
    5    568-570     569    151.00-156.00     154.00

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    4    350-365     354    161.00-172.00     169.16

    3    427-430     428    170.00-172.00     171.33

                    Feeder Heifers Medium 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3      401       401       155.00         155.00
    4    500-545     524    142.00-150.00     144.88
    6    556-580     568       143.00         143.00
    3    587-590     588    130.00-135.00     131.67   Fleshy
    3      636       636       144.00         144.00
    3      675       675       139.50         139.50

                Feeder Bulls Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2      310       310       201.00         201.00
    8      505       505       171.50         171.50

                     Feeder Bulls Medium 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3      493       493       159.00         159.00
    3      596       596       149.00         149.00

                Feeder Bulls Small and Medium 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    5      305       305       151.00         151.00
    3      388       388       153.00         153.00

   Slaughter Cows:
            Percent Lean    Avg Dressing   High Dressing   Low Dressing
Breaking    70-80           85.50-89.50                    79.00-83.25
Boning      80-85           79.50-84.50    87.00-91.00     74.50-79.00
Lean        85-90           76.25-79.00    81.50-84.00     64.50-75.00

   Slaughter Bulls:  Yield Grade 1-2  1450-1900 lbs 89.00-92.50,
Low Dressing 83.00-85.50.


Source: MO Dept of Ag-USDA Market News Service, Palmyra, MO
        Steve Disselhorst, Market Reporter, 573-751-5618
        24 hour recorded report 573-522-9244
        www.ams.usda.gov/mnreports/JC_LS764.txt

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