Monday Feeder Cattle Summary

Summary
Feeder Cattle Auction for 5/23/16 Receipts: 5808 Week Ago: 4670 Year Ago: 0 Compared to last week, steers and heifers sold weak to 5.00 lower, spots 5.00 to 8.00 lower, mostly on 500-600 lb cattle. Most weights and classes of cattle found solid bottom side support but were not able to hit last week’s top prices. USDA’s Cattle on Feed report released last Friday showed larger than expected placements, which was enough fundamental weakness to override the bit of momentum the market had built the past couple weeks. Cattle futures opened sharply lower before locking down at or very near the limit through the close. Supply and demand moderate. Feeder supply consisted of 54 percent steers, 42 percent heifers and 04 percent bulls; 47 percent of all the feeders weighed over 600 lbs. ***Scheduling Note: JRS will be closed next Monday for Memorial Day. Next sale date Monday, June 6.***
Feeder Steers
Feeder Steers:
  • Medium and Large 1 400-500 lbs 169.00-186.00
  • 500-600 lbs 155.00-177.00, fleshy 151.00-154.00
  • 600-700 lbs 149.00-172.00, fleshy 145.00- 153.50
  • 700-800 lbs 141.00-150.00
  • 800-900 lbs 136.00-140.00
  • lot 911 lbs 132.50. Medium and Large 1-2 300-400 lbs 170.00-195.00
  • 400-500 lbs 160.00-177.00, pkg 497 lbs fleshy 155.00
  • 500-600 lbs 153.00-166.00
  • 600-700 lbs 143.00-160.00
  • 700-800 lbs 141.00-147.00
  • 800-900 lbs 127.50-134.00. Large 1-2 pkg 598 lbs 157.00
  • 600- 700 lbs 144.00-155.00
  • pkg 718 lbs 148.00
  • lot 865 lbs 137.00
  • 4 loads 1022 lbs 124.00. Medium 2 lot 373 lbs 170.00
  • pkg 475 lbs 155.00. Holstein Steers: Large 3 pkg 677 lbs 90.00.
Feeder Heifers
Feeder Heifers:
  • Medium and Large 1 300-400 lbs 162.00-178.00
  • 400-500 lbs 147.00-155.00
  • 500-600 lbs 138.50-145.00, lot 588 lbs fleshy 136.00
  • 600-700 lbs 143.00-146.00
  • 700-800 lbs 132.00-136.00, load plus 724 lbs gaunt 140.50
  • lot 847 lbs 131.75. Medium and Large 1-2 300-400 lbs 150.00-160.00
  • 400-500 lbs 140.00- 155.00
  • 500-600 lbs 130.00-144.00, pkg 513 lbs thin 147.00
  • 600-700 lbs 133.00- 144.00
  • 700-800 lbs 124.00-125.00
  • 800-900 lbs 120.00-130.00. Medium and Large 2 400-500 lbs 134.00-144.00
  • few pkgs 600-700 lbs 120.00-125.00. large 1 pkg 577 lbs 138.00. Large 1-2 lot 432 lbs 152.00
  • 500-600 lbs 143.00-144.00.
Feeder Bulls
Feeder Bulls:
  • Medium and Large 1-2 400-500 lbs 148.00-158.00
  • 500-600 lbs 144.00-153.00
  • 600-700 lbs 129.00-145.00
  • 700-800 lbs 122.00-127.00
  • 800-900 lbs 120.00-121.00.
Source
JC_LS151
Jefferson City, MO     Tue May 24, 2016     MO Dept of Ag/USDA Market News
 
Carthage – Joplin Regional Stockyards
Feeder Cattle Auction for 5/23/16
 
Receipts:  5808    Week Ago:  4670    Year Ago:  0  

   Compared to last week, steers and heifers sold weak to 5.00 lower, spots 5.00 
to 8.00 lower, mostly on 500-600 lb cattle. Most weights and classes of cattle 
found solid bottom side support but were not able to hit last week’s top prices. 
USDA’s Cattle on Feed report released last Friday showed larger than expected 
placements, which was enough fundamental weakness to override the bit of momentum 
the market had built the past couple weeks. Cattle futures opened sharply lower 
before locking down at or very near the limit through the close. Supply and demand 
moderate. Feeder supply consisted of 54 percent steers, 42 percent heifers and 04 
percent bulls; 47 percent of all the feeders weighed over 600 lbs. 

***Scheduling Note:  JRS will be closed next Monday for Memorial Day.  Next sale 
date Monday, June 6.***

   Feeder Steers:  Medium and Large 1  400-500 lbs 169.00-186.00; 500-600 lbs 
155.00-177.00, fleshy 151.00-154.00; 600-700 lbs 149.00-172.00, fleshy 145.00-
153.50; 700-800 lbs 141.00-150.00; 800-900 lbs 136.00-140.00; lot 911 lbs 132.50.  
Medium and Large 1-2  300-400 lbs 170.00-195.00; 400-500 lbs 160.00-177.00, pkg 497 
lbs fleshy 155.00; 500-600 lbs 153.00-166.00; 600-700 lbs 143.00-160.00; 700-800 
lbs 141.00-147.00; 800-900 lbs 127.50-134.00.  Large 1-2  pkg 598 lbs 157.00; 600-
700 lbs 144.00-155.00; pkg 718 lbs 148.00; lot 865 lbs 137.00; 4 loads 1022 lbs 
124.00.  Medium 2  lot 373 lbs 170.00; pkg 475 lbs 155.00.    

   Holstein Steers:  Large 3  pkg 677 lbs 90.00.  

   Feeder Heifers:  Medium and Large 1  300-400 lbs 162.00-178.00; 400-500 lbs 
147.00-155.00; 500-600 lbs 138.50-145.00, lot 588 lbs fleshy 136.00; 600-700 lbs 
143.00-146.00; 700-800 lbs 132.00-136.00, load plus 724 lbs gaunt 140.50; lot 847 
lbs 131.75.  Medium and Large 1-2  300-400 lbs 150.00-160.00; 400-500 lbs 140.00-
155.00; 500-600 lbs 130.00-144.00, pkg 513 lbs thin 147.00; 600-700 lbs 133.00-
144.00; 700-800 lbs 124.00-125.00; 800-900 lbs 120.00-130.00.  Medium and Large 2  
400-500 lbs 134.00-144.00; few pkgs 600-700 lbs 120.00-125.00.  large 1  pkg 577 
lbs 138.00.  Large 1-2  lot 432 lbs 152.00; 500-600 lbs 143.00-144.00.        

   Feeder Bulls:  Medium and Large 1-2  400-500 lbs 148.00-158.00; 500-600 lbs 
144.00-153.00; 600-700 lbs 129.00-145.00; 700-800 lbs 122.00-127.00; 800-900 lbs 
120.00-121.00.  

Source:  MO Dept of Ag/USDA Market News Service, Carthage, MO
         Tracey Switzer Thompson, Market Reporter, (573) 751-5618
         24 Hour Market Report 1-573-522-9244
         www.ams.usda.gov/mnreports/JC_LS151.txt
 
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