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Missouri Weekly Cattle Auction Summary

Archived Report

5/22/2021

Total Run: 30,694

Market Notes

Compared to last week, feeder steers and heifers sold steady to 5.00 higher, with instances on a few mid-weights pushing 10.00 higher. The supply of feeders was moderate. A second week of a little better prices at the auctions resulted in a few more calves making a trip to town. Demand for feeders is moderate. Although it’s almost hard to believe as of the last report planting is actually a little ahead of normal. Given that over the last several weeks only three or maybe four days have been suitable for field work it is somewhat surprising that farmers have been able to make so much progress. Many are hoping for some sunshine at this point to get crops growing and to start hay harvest. There has been some hay wrapped but for the most part hay equipment hasn’t moved yet. This upcoming weekend is historically the big weekend for haying to start in the state if weather allows. The monthly cattle on feed report was released on Friday, due to the covid issues last year looking only at year over year comparisons doesn’t really tell much and one has to dig deeper into the actual numbers to learn anything. On feed numbers were 105 percent, placements 127 percent and marketing 133 percent. On feed and placements were about 1 percent below average estimates and marketings were even. Boxed beef cutouts have yet to find any top and keep climbing. Choice closed on Friday at 325.17, up 8.23 and select at 302.31, up 9.12 compared to the previous week. Negotiated feedlot sales for the week as of the final report on Friday totaled just under 81K head. Live sales for the week were reported mostly from 118.00-121.00 and dressed sales 188.00-191.00. The Missouri Stocker Formula consist of 7280 head with a weighted average weight of 546.59 lbs. and a price value of 162.20, 4.87 higher than the previous week.

Supply included: 81% Feeder Cattle (55% Steers, 0% Dairy Steers, 41% Heifers, 4% Bulls); 13% Slaughter Cattle (2% Steers, 1% Heifers, 86% Cows, 11% Bulls); 6% Replacement Cattle (13% Stock Cows, 43% Bred Cows, 7% Bred Heifers, 35% Cow-Calf Pairs, 2% Heifer Pairs, 1% Bulls). Feeder cattle supply over 600 lbs was 41%.

LIVESTOCK SUMMARY Current Week Last Reported 5/10/2021 Last Year Total Receipts: 30,694 25,348 43,137 Feeder Cattle: 24,800(80.8%) 19,489(76.9%) 36,610(84.9%) Slaughter Cattle: 3,907(12.7%) 3,748(14.8%) 3,639(8.4%) Replacement Cattle: 1,987(6.5%) 2,111(8.3%) 2,888(6.7%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 158 175 200 $438
300-400 148 185 200 $646
400-500 151 177 192 $795
500-600 $--
600-700 $--
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 150 165 182 $412
300-400 130 159 177.5 $556
400-500 129 151 164.5 $682
500-600 $--
600-700 $--
700-800 $--

*Approx is the middle weight of the weight group multiplied by the mid point of the high and low for the group. It's meant as a quick method to see what cattle of that weight class are bringing per head.

Cows & Bulls

Type Min Avg Max
Slaughter Bulls $69 $92 $108

Total Run

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