JC_LS795 Jefferson City, MO Fri Feb 05, 2010 MO Dept of Ag-USDA Market News Missouri Weekly Weighted Average Feeder Cattle Report (02/05/10) Receipts: 29,551, week ago 39,770, year ago 39,552 Compared to last week, steers steady to 4.00 higher with full advance on weights under 650 lbs, heifers steady to 3.00 higher, Holstein steers steady on very light test. Demand good to very good, supply moderate to light Winter weather forced the cancellation of some auctions this week, and reduced the receipts at several others, especially south of I-70. Prices remain good at all auctions and buyers are willing participants on about all classes of cattle. Several market reports noting that many backgrounders are in the market for grass cattle, and with the severe winter conditions that we already have had, many of this type of cattle are hard weaned and have the condition for quick come on once grass finally gets here. Concern over whether or not a large enough supply of grass ready cattle will be offered for sale in March is creating this marketing opportunity about a month ahead of normal The abundance of wet/damaged corn in the Northern Midwest, which could be marketed through cattle, is one theory explaining the continued strength in the market for feedlot ready offerings. The January 1, 2010, all cattle and calf inventory in Missouri totaled 4.15 million head, 2 percent below the 4.25 million head on January 1, 2009. Compared to a year ago, beef cow numbers, at 1.97 million head, were down 24,000 head, or 1 percent. This is the smallest beef cow inventory since 1991. Feeder Steer Medium and Large 1 97 350-399 381 117.00-135.00 126.54 154 400-448 428 111.00-134.50 123.34 347 450-499 473 103.00-126.00 119.43 671 500-549 530 103.00-124.00 114.64 12 512 512 122.25 122.25 Fancy 984 550-599 575 96.25-122.00 109.75 10 592 592 95.75 95.75 Fleshy 1440 600-648 626 94.00-110.50 104.52 10 601 601 105.00 105.00 Calves 68 631-649 644 92.75-98.75 95.70 Fleshy 1149 650-699 670 95.00-105.85 101.10 25 653-683 674 89.50-94.00 91.91 Calves 26 675-695 688 90.00-94.00 91.76 Fleshy 1411 700-749 723 91.50-104.50 98.60 873 750-799 774 91.00-99.00 95.46 37 786-791 788 90.00-93.25 91.38 Fleshy 600 802-847 823 90.00-96.00 93.18 178 850-899 868 87.10-95.00 91.80 82 915-949 932 90.35-93.50 91.13 17 964 964 85.00 85.00 Feeder Steer Medium and Large 1-2 41 300-345 319 108.00-131.00 119.09 84 350-398 380 109.00-134.00 120.21 123 400-448 426 100.00-125.00 117.34 14 402-410 407 117.00-125.50 121.90 Thin 193 450-499 476 100.00-125.00 113.25 278 500-548 524 97.75-118.50 108.28 10 515-519 518 118.50-120.00 119.55 Thin 362 550-598 575 93.50-115.00 104.71 352 600-648 623 92.50-104.00 100.12 17 608-615 609 102.50-107.25 106.40 Thin 314 650-698 667 90.00-108.50 96.08 286 700-749 726 84.50-100.25 95.59 34 701 701 92.60 92.60 Fleshy 102 750-790 771 90.00-98.00 92.98 57 800-846 821 90.25-95.50 93.58 42 850-886 860 84.50-93.75 91.06 25 910-927 918 88.00-89.85 88.81 Feeder Steer Medium and Large 2 21 511-534 522 99.00-110.00 102.49 18 555-592 563 92.00-100.00 94.61 12 1170 1170 60.00 60.00 38 560-595 584 100.00-105.00 102.94 17 610-642 629 90.25-100.00 96.67 20 704-741 718 92.00-97.00 94.84 11 818-825 821 88.00-93.50 90.51 Feeder Steer Medium 1-2 14 400-438 421 100.00-113.50 109.35 Feeder Steer Medium 2 17 360-395 378 98.00-108.00 103.16 10 450-493 468 92.50-101.00 96.08 20 510-540 528 86.00-95.50 92.91 Feeder Steer Medium 3 11 728 728 67.75 67.75 Feeder Steer Small 11 397 397 47.00 47.00 Feeder Holstein Steers Large 3 17 561-577 572 68.00-69.50 68.61 12 608-643 633 66.00-70.00 67.21 33 680-695 683 63.00-66.75 64.56 12 760-788 774 63.50-65.00 64.24 18 868-887 879 62.75-63.00 62.86 Feeder Heifers Medium and Large 1 10 260-295 274 103.50-108.00 105.44 33 315-349 340 100.00-117.00 107.45 142 350-398 382 95.00-115.50 107.66 261 400-448 429 96.00-111.25 105.85 56 415-440 433 108.10-109.50 108.46 Thin 539 450-498 477 93.00-109.50 103.43 1135 500-549 522 91.00-106.50 100.41 1189 550-599 576 88.50-104.00 96.79 26 565-596 583 87.00-88.00 87.48 Fleshy 852 600-649 623 87.50-97.75 94.13 17 606-635 619 84.00-86.25 84.81 Fleshy 18 645 645 97.00 97.00 Thin 771 650-699 676 87.00-96.10 92.00 21 651 651 96.50 96.50 Replacement 494 702-745 722 86.00-93.75 89.91 42 729 729 94.50 94.50 Replacement 322 750-799 764 85.00-93.75 89.31 29 803-841 827 85.25-87.00 86.01 55 850-889 863 85.00-85.75 85.08 23 876 876 83.00 83.00 Fleshy 27 902-946 925 80.50-83.00 82.44 Feeder Heifers Medium and Large 1-2 10 225 225 114.00 114.00 15 260-298 281 100.00-114.00 104.26 57 300-345 328 97.00-111.00 104.52 123 351-398 376 92.00-110.00 101.24 285 401-445 425 90.00-106.50 99.42 10 430-433 432 107.00-109.75 108.38 Thin 252 450-499 477 85.25-106.25 97.65 445 500-549 524 82.25-104.50 94.59 575 550-598 575 80.00-99.00 92.38 30 562-596 574 84.25-90.00 86.66 Fleshy 25 583 583 94.60 94.60 Thin 488 600-645 620 83.50-95.50 91.34 392 650-697 678 85.00-94.35 90.69 49 673-699 678 80.00-88.25 87.11 Fleshy 180 700-745 723 83.00-91.50 88.05 11 722 722 92.75 92.75 Replacement 168 750-798 770 81.75-92.00 89.26 57 802-842 818 83.00-87.00 85.53 69 852-858 853 86.00-86.50 86.45 10 906-945 922 74.00-78.00 75.64 Feeder Heifers Medium and Large 2 10 307-320 310 91.00-104.50 99.78 18 352-397 381 90.00-99.00 95.77 15 400-446 424 89.50-95.50 90.52 23 453-494 480 85.00-93.00 89.76 36 550-598 575 80.50-93.00 86.14 19 700-749 720 73.00-82.00 77.59 Feeder Heifers Large 1 12 511-547 535 92.00-103.00 95.50 15 565-581 575 86.00-90.00 87.57 13 611-640 629 87.75-89.00 88.22 11 687 687 92.00 92.00 11 703-730 718 85.75-87.50 86.53 Feeder Heifers Medium 1 17 550-595 579 85.00-90.25 87.91 Feeder Heifers Medium 1-2 15 558-586 571 80.75-82.00 81.14 12 607-620 615 84.50-85.00 84.79 Feeder Heifers Medium 2 10 505-540 520 75.00-85.50 79.85 10 589 589 91.00 91.00 Thin Feeder Bulls Medium and Large 1 10 360-387 368 115.00-125.00 119.91 28 400-448 419 105.50-120.00 114.96 44 451-485 473 95.50-121.50 108.46 72 504-548 524 92.00-116.00 105.43 34 557-596 579 96.50-108.50 101.17 12 605-614 612 86.50-100.00 96.66 25 672-680 676 83.50-92.00 88.87 15 661-669 665 88.50-90.00 89.30 Calves Feeder Bulls Medium and Large 1-2 27 303-344 328 107.00-119.00 110.37 57 350-395 379 104.00-118.00 111.48 35 410-449 431 108.00-119.00 112.05 56 450-495 476 103.00-114.00 106.93 98 500-548 523 85.00-114.75 104.46 11 528 528 107.00 107.00 Brahman X 134 550-595 569 88.00-105.00 96.84 100 600-647 628 84.00-99.25 93.38 10 622 622 89.75 89.75 Brahman X 82 653-695 674 80.50-94.60 90.02 69 700-745 717 83.25-95.00 89.94 Source: MO Dept of Ag-USDA Market News Service, Jefferson City, MO Mike Davis, Market Reporter, (573) 751-5618 Market News Hotline 1-573-522-9244 www.ams.usda.gov/mnreports/JC_LS795.txt 0853cst md .