JC_LS764 Jefferson City, MO Tue Mar 26, 2019 MO Dept of Ag/USDA Market News Palmyra - F and T Livestock Auction Feeder Cattle Weighted Average Report for 03/25/2019 NOTICE: This report will soon be available through the MARS platform and My Market News in a more user-friendly and accessible PDF format. A new report link will be included on this report before the transition is complete. If you would like to learn more about MARS and My Market News, please contact us at Websupport.lpgmn@ams.usda.gov. Receipts: 1596 Week Ago: 400 Year Ago: 1746 Compared to the last tested auction from two weeks ago, feeder steers under 700 lbs 5.00-10.00 higher, and over 700 lbs 3.00-5.00 higher. Feeder heifers 2.00-8.00 higher. Slaughter cows 3.00-5.00 lower compared to last week. Several nice strings of feeders offered with the market solidly higher, especially for the feedlot bound cattle. Buyers for the light weight calves not quite as aggressive just yet as mud is still a problem and the grass is once again slow in starting. Demand good and the supply moderate. Cows and bulls accounted for 10 percent of the run and feeders 90 percent. In the feeder supply, steers and bulls made up approximately 52 percent of the run; heifers 48 percent; steers and heifers over 600 lbs totaled around 66 percent. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 30 400-438 427 180.00-190.00 184.13 21 452-495 475 178.00-188.00 182.92 11 490 490 168.00 168.00 Fleshy 45 515-546 525 176.00-189.00 184.98 28 551-582 560 174.50-181.00 178.43 24 602-625 615 166.50-169.75 168.33 6 638 638 153.00 153.00 Fleshy 39 672-698 685 161.00-163.25 161.83 83 705-741 735 156.75-157.25 156.83 56 758-797 784 143.25-150.00 144.97 77 802-831 819 137.25-141.75 139.21 5 842 842 134.50 134.50 Fleshy 7 855 855 141.50 141.50 Feeder Steers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 4 594 594 165.50 165.50 5 639 639 161.00 161.00 20 707 707 150.00 150.00 8 761 761 153.50 153.50 Feeder Steers Medium 1-2 Head Wt Range Avg Wt Price Range Avg Price 5 349 349 178.00 178.00 Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 10 305-334 320 158.00-165.00 161.66 5 380 380 166.00 166.00 14 415-432 421 164.00-167.00 165.90 16 455-475 466 156.00-158.00 157.50 15 510 510 157.00 157.00 3 543 543 136.00 136.00 Fleshy 7 568 568 144.00 144.00 22 601-649 635 150.50-153.50 151.49 10 703 703 137.75 137.75 6 770 770 128.50 128.50 Feeder Heifers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 7 450 450 155.00 155.00 8 533 533 153.00 153.00 4 505 505 135.00 135.00 Fleshy 33 571-589 579 143.50-151.00 147.73 34 630-647 641 144.00-148.50 146.25 51 660-695 686 138.00-144.00 141.54 9 660-680 671 129.00-133.50 130.97 Fleshy 119 706-729 710 132.00-140.35 137.26 46 752-780 767 128.50-130.25 129.91 10 988 988 125.25 125.25 Feeder Heifers Medium 1-2 Head Wt Range Avg Wt Price Range Avg Price 3 336 336 149.00 149.00 6 376-397 383 151.00-162.00 158.20 10 421-444 437 130.00-137.00 132.02 10 473-482 478 145.00-148.00 146.51 8 511-523 517 139.00-142.00 140.52 7 572 572 140.00 140.00 Feeder Bulls Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 4 316 316 182.00 182.00 8 506 506 170.00 170.00 4 553 553 154.00 154.00 5 615 615 152.00 152.00 9 653 653 138.00 138.00 Slaughter Cows: Percent Lean Avg Dressing High Dressing Low Dressing Breaking 70-80 53.00-58.50 59.00-62.50 48.00-52.50 Boning 80-85 52.00-56.50 56.50-59.50 46.00-52.00 Lean 85-90 50.00-55.50 37.50-49.50 Slaughter Bulls: Yield Grade 1-2 1400-2400 lbs 78.50-82.00, Low Dressing 62.00-77.00. Slaughter Cattle Receipts: 16 Week Ago: 14 Year Ago: 24 Slaughter steers and heifers not well tested. Slaughter Steers: Choice 2-3 1075-1250 lbs 127.25-127.50. Slaughter Heifers: Choice 2-3 scarce. 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 0716cdt cc