JC_LS795 Jefferson City, MO Fri Sept 19, 2008 MO Dept of Ag-USDA Market News Weekly Missouri Weighted Average Feeder Cattle Report (09/19/08) Receipts: 31,697, week ago 27,850, year ago 37,538 Compared to last week, steers and heifers, both calves and yearlings, 2.00 to 4.00 lower, Holstein steers under 00 lbs 6.00 to 10.00 lower, over 600 lbs 1.00 to 5.00 lower. Demand moderate to light, supply moderate. The only thing good about this week, when it comes to the feeder cattle market is that it is over. The concerns over the financial markets, spilling over into the commodities markets, has created havoc with the auctions this week. Buyers are being very cautious as to the type of cattle being purchased. The calves that are not weaned, double vaccinated, or carrying excess flesh finding a tough road to a new home, all due to the stress of weaning, comingling, and shipping. Respiratory problems are being magnified at the receiving lots as cool nights and warm days are not conducive to a smooth transition. Yearling markets taking a hit as well, as the volatile outside markets, are putting a cloud over the future, not only the live cattle prices but the feed costs as well. Harvest would be starting to get into full swing here, but all the rain from Hurricane Ike, forcing the combines to sit at the edge of the fields or still in the shed. Flooding this past week the worst that it has been all year, as all creeks and rivers over most of the state reached their highest levels this growing season, destroying many crops that were near maturity. Direct slaughter cattle trade did come in steady this week with cash prices of 96.00 to 99.00, with dressed sales steady at 151.00 to 156.00 mostly 155.00. Feeder Steer Medium and Large 1 60 359-395 378 120.00-136.00 129.79 128 401-448 430 110.00-133.00 123.81 285 450-499 472 109.50-134.50 122.16 21 465-480 475 108.00-116.50 114.01 Fleshy 514 500-549 525 106.00-132.50 118.93 42 520-549 531 107.50-120.00 110.78 Fleshy 628 550-598 569 102.50-129.00 117.27 11 558-598 577 104.00-108.00 106.21 Fleshy 531 600-647 619 104.50-122.75 115.20 48 600-640 618 98.00-108.50 104.55 Calves 16 600-648 626 107.75-110.25 108.96 Fleshy 80 610 610 122.75 122.75 Value Added 440 650-695 674 103.00-121.00 113.71 86 655-698 677 97.50-105.00 102.48 Calves 16 653-675 664 107.25-110.50 108.90 Fleshy 32 655 655 122.00 122.00 Value Added 539 700-749 724 100.00-118.50 112.11 36 733-747 745 104.25-110.10 109.18 Fleshy 18 735 735 118.25 118.25 Value Added 570 750-792 776 100.00-118.75 109.97 49 751-792 768 98.00-102.00 101.06 Calves 106 751-785 775 100.00-110.50 107.72 Fleshy 886 802-849 828 99.00-112.70 109.08 14 828-844 837 101.50-105.00 102.98 Fleshy 1090 851-899 875 99.00-109.30 107.16 60 854 854 106.40 106.40 Fleshy 256 900-940 924 99.00-105.30 104.06 60 907 907 102.60 102.60 Fleshy 123 956-998 963 101.60-103.00 102.15 27 973-981 980 94.50-100.10 99.07 Fleshy Feeder Steer Medium and Large 1-2 21 253-298 285 116.00-136.00 131.55 56 300-346 327 111.00-130.00 123.45 61 351-395 377 108.25-126.00 117.56 208 400-445 425 108.00-125.50 117.20 291 450-498 478 104.00-125.50 112.98 261 500-549 526 101.00-127.50 112.34 24 514-540 525 112.00-113.50 112.64 Fleshy 379 550-598 573 99.50-125.00 110.36 15 571-586 579 102.00-113.00 107.06 Fleshy 336 600-648 629 100.00-121.00 111.75 13 608-635 627 97.00-105.00 102.77 Calves 10 622-630 623 98.00-102.00 101.00 Fleshy 77 611 611 121.75 121.75 Value Added 408 650-699 678 97.00-120.35 109.15 212 701-745 719 96.50-114.00 107.19 281 750-797 777 95.00-111.75 105.46 542 800-846 822 100.00-112.35 105.54 53 850-891 865 90.00-106.00 99.53 30 986 986 96.50 96.50 Feeder Steer Medium and Large 2 16 265-291 270 100.00-101.00 100.18 13 351-394 371 106.00-112.00 109.06 53 400-449 419 98.00-116.00 105.55 29 451-499 478 96.00-113.50 105.19 43 503-545 522 95.00-110.00 102.79 45 555-595 571 94.50-108.00 98.85 13 590 590 105.00 105.00 Thin 71 600-637 616 90.00-110.00 100.91 22 611-635 628 102.50-105.50 103.30 Thin 30 652-690 666 94.00-107.25 101.33 10 699 699 103.00 103.00 Thin 66 702-745 733 93.50-106.00 101.58 17 700-712 705 90.50-95.00 92.37 Brahman X 54 728-733 728 100.00-102.00 101.85 Thin Feeder Steer Medium and Large 3 11 495 495 75.00 75.00 Feeder Steer Large 1 13 469-485 479 104.00-112.00 109.05 29 558-595 581 101.00-108.00 105.13 11 618-642 634 102.00-107.00 103.67 13 703-732 717 101.00-103.25 101.72 Feeder Steer Large 1-2 16 450-463 458 104.75-108.00 105.95 11 543 543 107.00 107.00 21 562-579 573 99.75-106.00 101.69 31 610-647 626 90.00-105.00 95.31 10 655 655 97.75 97.75 14 708 708 106.50 106.50 Feeder Steer Medium 1 18 550-590 566 98.00-111.50 106.68 Feeder Steer Medium 1-2 37 375-398 389 107.00-125.75 117.95 12 430-435 432 112.50-117.00 115.28 30 452-496 479 107.50-112.00 111.12 42 500-549 520 101.50-116.00 110.19 11 550-580 571 95.00-115.00 108.30 16 610-648 633 101.50-106.50 104.87 Feeder Steer Medium 2 12 350-395 376 91.00-109.00 99.51 11 410-445 433 90.50-105.50 100.56 10 428 428 105.00 105.00 Thin 31 453-498 477 90.00-106.00 95.94 19 503-540 511 90.00-101.00 97.18 18 550-590 576 85.00-108.00 97.05 12 600-641 631 89.00-96.50 94.24 10 765-786 780 85.25-90.50 88.95 Feeder Holstein Steers Large 3 23 313-342 322 70.00-79.00 76.40 16 352-386 378 66.50-68.00 66.85 17 447 447 78.00 78.00 83 504-541 524 64.00-79.00 71.20 15 574-590 584 65.00-75.00 68.93 49 658-668 664 70.00 70.00 35 700-749 728 62.00-73.50 69.82 23 770-795 791 66.50-73.00 71.85 23 828-841 831 65.00-72.75 70.70 Feeder Heifers Medium and Large 1 11 270-293 281 114.00-115.00 114.65 92 350-397 378 104.00-118.00 110.70 320 400-449 428 100.00-116.50 108.46 383 450-498 470 97.50-114.75 107.20 24 450-485 469 94.00-104.50 101.63 Fleshy 680 500-549 528 95.00-115.50 106.12 47 502-542 523 100.00-105.00 103.22 Fleshy 467 550-599 574 93.00-113.75 104.47 12 550-598 572 96.00-103.00 100.68 Fleshy 27 595 595 112.50 112.50 Value Added 396 601-647 628 91.50-115.00 103.61 13 600-625 604 99.50-105.75 103.88 Calves 20 600-628 620 90.50-97.00 94.18 Fleshy 10 627 627 101.50 101.50 Thin 67 609 609 110.90 110.90 Value Added 548 655-699 679 91.00-108.25 103.15 37 658-688 667 90.00-96.00 93.85 Calves 15 665 665 95.50 95.50 Fleshy 391 700-746 725 93.00-106.00 103.51 398 752-798 780 92.50-104.85 102.13 103 806-846 837 92.00-103.00 97.04 Feeder Heifers Medium and Large 1-2 37 250-299 286 100.00-112.50 111.18 62 300-348 327 97.50-116.00 107.27 69 350-396 384 95.00-116.00 105.84 259 400-449 423 93.00-113.00 103.43 299 450-498 478 92.50-114.50 102.89 24 497 497 110.00 110.00 Fancy 20 455-498 484 90.00-104.00 95.97 Fleshy 477 500-549 528 92.00-112.50 101.06 10 500-543 518 88.50-93.00 90.43 Fleshy 704 550-599 570 88.00-110.40 104.77 12 550-597 574 87.50-93.50 89.90 Fleshy 15 580 580 106.25 106.25 Thin 527 602-647 630 89.00-108.75 101.92 409 650-697 664 92.00-109.80 102.19 25 655-691 670 90.00-100.00 94.16 Fleshy 505 702-748 733 87.50-105.25 100.59 40 723 723 95.00 95.00 Fleshy 138 754-791 770 92.50-103.00 96.87 36 804-844 819 87.00-95.50 92.40 77 850-893 861 77.50-102.90 99.39 21 928-943 936 88.00-96.75 92.76 42 983 983 94.85 94.85 Fleshy Feeder Heifers Medium and Large 2 22 368-395 382 95.00-105.00 98.68 62 400-443 423 91.00-101.00 96.41 41 450-497 470 85.00-103.00 94.17 88 503-548 526 85.00-102.75 91.82 101 553-599 580 86.00-102.50 92.36 52 600-645 623 85.00-97.50 90.73 49 654-695 679 89.00-95.75 92.49 25 700-745 713 87.00-101.50 89.98 39 779-797 780 86.50-93.50 92.44 Feeder Heifers Large 1 26 406-444 422 94.00-103.50 100.12 13 509-543 520 95.00-98.50 97.35 10 562 562 94.50 94.50 Feeder Heifers Large 1-2 17 504-538 528 90.00-95.00 91.40 15 564-565 564 94.50-97.00 95.33 18 705 705 104.75 104.75 12 963 963 93.25 93.25 Feeder Heifers Medium 1-2 11 405-445 420 92.50-107.00 100.79 14 460-485 474 92.00-105.50 95.28 21 500-530 510 85.00-104.00 95.42 Feeder Heifers Medium 2 13 355-385 368 88.00-92.00 90.21 21 413-449 432 84.00-99.50 88.58 16 472-495 477 89.50-95.00 93.81 16 501-544 522 82.00-95.50 87.73 15 603-645 617 85.00-104.75 91.30 Feeder Bulls Medium and Large 1 15 405-423 408 111.00-112.00 111.70 53 453-495 469 99.00-119.50 108.83 29 513-546 534 98.00-106.50 102.33 44 550-599 575 95.00-108.50 100.84 16 602-624 615 93.50-101.50 96.14 Feeder Bulls Medium and Large 1-2 10 335-343 337 120.00-130.00 123.45 17 370-377 373 116.00-127.50 119.93 70 400-448 418 107.50-131.00 114.60 11 445 445 117.00 117.00 Fancy 109 450-498 478 94.00-124.00 108.07 84 500-542 517 92.00-117.00 101.93 112 550-598 572 92.00-113.50 99.49 86 600-648 626 90.00-99.00 93.54 52 653-698 677 82.75-99.00 91.74 52 701-745 719 85.00-98.50 92.24 19 750-780 774 88.00-92.75 88.80 Feeder Bulls Medium and Large 2 22 603-636 620 85.00-96.00 90.87 11 685-695 690 87.00-87.50 87.27 Source: MO Dept of Ag-USDA Market News Service, Jefferson City, MO Mike Davis, Market Reporter, (573) 751-5618 Market New Hotline, 1-573-522-9244 www.ams.usda.gov/mnreports/JC_LS795.txt 0907cdt md .