JC_LS758 Jefferson City, MO Tue Sep 16, 2008 MO Dept of Ag-USDA Market News Joplin Regional Stockyards Feeder Cattle Weighted Average Report for 09/15/2008 Receipts: 4525 Last Week: 7000 Year Ago: 6344 Compared to last week, all classes of steers sold 3.00-7.00 lower. Heifer calves and yearlings traded 1.00-4.00 lower with a few consignments of Northern quality yearling heifers selling steady. Market uncertainty from several different fronts pressured feeder cattle demand. Factors included; bearish news from Wall Street, flooded conditions in many cattle and grain production areas from the remnants of Hurricane Ike, and unseasonably cool night-time temperatures that are triggering calf health concerns. Supply included 46 percent steers, 49 percent heifers, and 5 percent feeder bulls. Around 56 percent of the cattle weighed over 600 lbs. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 26 450-485 465 114.00-121.00 116.23 95 510-547 536 106.50-115.00 110.99 111 560-583 574 107.50-114.00 110.73 121 600-641 622 104.50-114.50 109.99 78 654-691 682 104.00-110.50 107.77 51 660-683 674 103.50-104.75 104.27 Calves 90 700-746 717 102.50-108.25 105.83 88 763-790 784 105.50-107.50 107.05 37 751-792 769 101.00-102.00 101.55 Calves 5 754 754 100.00 100.00 Fleshy 66 823-847 831 100.00-105.00 104.09 47 851-884 873 100.50-104.25 102.64 6 900 900 103.50 103.50 Feeder Steers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 13 351-393 367 120.00-123.00 121.76 26 413-439 432 110.00-121.00 113.35 68 454-495 479 107.00-117.00 112.01 32 501-518 508 108.00-112.00 110.01 107 550-592 574 104.00-110.00 108.43 36 607-627 618 103.00-110.50 106.90 6 622 622 102.00 102.00 Fleshy 106 652-699 677 102.00-108.25 105.18 39 713-724 720 101.00-108.00 106.33 70 753-797 785 99.50-105.25 102.15 64 800-828 818 100.00-107.25 105.22 Feeder Steers Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price 36 415-446 419 103.00-116.00 106.60 9 487-492 488 102.00-113.00 109.53 4 475 475 92.00 92.00 Brahman X 12 509-525 518 98.00-106.00 104.67 11 605-616 613 98.00-102.00 100.92 3 608 608 95.00 95.00 Fleshy 6 611 611 105.50 105.50 Thin 18 652-658 656 94.00-104.00 100.13 10 718-740 729 96.00-98.00 96.80 10 700 700 90.50 90.50 Brahman X 6 756 756 100.00 100.00 Feeder Steers Large 1 Head Wt Range Avg Wt Price Range Avg Price 6 469-485 474 104.00-112.00 109.27 3 505 505 101.00 101.00 9 558-580 566 101.00-101.50 101.28 10 703-723 713 101.00-101.50 101.25 Feeder Steers Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 6 450 450 108.00 108.00 11 543 543 107.00 107.00 7 562-579 572 105.00-106.00 105.58 9 642-647 644 102.00-105.00 103.01 3 820 820 99.00 99.00 6 871 871 96.50 96.50 Feeder Holstein Steers Large 3 Head Wt Range Avg Wt Price Range Avg Price 4 352 352 68.00 68.00 3 737 737 62.00 62.00 6 841 841 65.00 65.00 Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 13 369-395 377 104.00-107.00 105.54 38 414-442 432 104.00-111.00 109.00 78 451-492 464 100.00-109.50 106.00 161 500-542 525 95.00-104.50 101.05 120 570-597 580 97.00-106.50 103.00 98 606-647 638 95.00-102.25 98.17 9 600-624 613 94.00-97.00 95.70 Fleshy 121 655-695 666 97.50-107.00 102.00 23 658 658 95.50 95.50 Calves 15 665 665 95.50 95.50 Fleshy 119 702-729 722 95.50-105.75 102.41 23 752-792 757 97.00-102.75 101.97 85 806-846 837 94.25-97.85 97.01 Feeder Heifers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 20 327-331 328 107.00-110.00 108.59 68 400-446 420 100.00-109.00 102.10 26 450-495 472 94.00-100.00 97.31 116 500-543 526 94.00-105.50 99.58 73 552-587 578 95.00-102.00 97.17 73 602-645 626 94.00-104.50 97.00 6 632 632 92.50 92.50 Calves 88 652-692 669 92.00-101.50 96.10 3 655 655 90.00 90.00 Fleshy 120 730-747 744 93.00-102.00 100.62 36 755-779 776 92.50-95.50 94.15 17 804-832 814 87.00-93.00 89.16 8 868 868 92.50 92.50 6 943 943 88.00 88.00 Feeder Heifers Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price 4 392 392 103.00 103.00 27 400-440 404 93.00-98.00 97.40 15 513-548 531 86.50-93.00 90.39 10 568-588 580 92.00-94.00 92.78 9 615-635 628 85.00-89.00 88.13 7 654-675 657 90.00-95.00 94.27 7 700-718 708 89.00 89.00 Feeder Heifers Large 1 Head Wt Range Avg Wt Price Range Avg Price 4 428 428 94.00 94.00 5 482 482 95.00 95.00 10 562 562 94.50 94.50 Feeder Heifers Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 4 326 326 95.00 95.00 5 504 504 95.00 95.00 3 617 617 94.50 94.50 Feeder Heifers Medium 2 Head Wt Range Avg Wt Price Range Avg Price 5 449 449 85.00 85.00 6 501-535 512 82.00-85.00 83.04 Feeder Bulls Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 4 312 312 131.00 131.00 18 453 453 113.00 113.00 4 602 602 101.50 101.50 Feeder Bulls Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 3 343 343 130.00 130.00 4 370-372 371 118.00-127.50 122.74 5 400-408 405 113.00-123.00 116.95 29 450-493 482 94.00-110.00 100.23 15 500-512 506 95.00-105.00 100.84 21 551-598 575 95.00-98.00 95.89 30 610-646 637 91.00-95.00 92.47 5 659 659 96.50 96.50 19 718-729 722 90.00-94.50 92.76 3 770 770 90.00 90.00 Source: MO-USDA Dept of Ag Market News Service, Joplin, MO Corbitt Wall, OIC Market Reporter, 573-751-5618 24 Hour Market Report 1-573-522-9244 www.ams.usda.gov/mnreports/JC_LS758.txt 0723cdt th .