Cattle.com

Missouri Weekly Cattle Auction Summary

Archived Report

3/5/2022

Total Run: 31,642

Market Notes

Compared to last week, feeders under 600 lbs. sold steady to 4.00 higher and those over 600 lbs. were uneven from 2.00 lower to 2.00 higher. Locally markets were very mixed this week. Reporters quoted trends that reached from 8.00 lower to 15.00 higher as uncertainty and volatility has found its way into the cattle markets. Although the grain markets have been a roller coaster ride that would make even the strongest stomach turn over the last few weeks most of that craziness had stayed out of the local auction barns. Lighter weight calves that will soon be put out on green pastures and spend the summer grazing continue to find the best demand as optimistic buyers focused on fundamentals hope time will allow these calves to make a profit come late summer or early fall. Heavier weights that will have a diet of more corn however found some pressure. Cash corn prices were only a few cents from 8.00 one day this week and although futures prices a few months out aren’t at that level Sept. still closed well into the mid 6.00 area on Friday. Erasers have pretty much just ignited and burnt up as potential owners try to figure and refigure what will and won’t possibly make a profit. Grains, fertilizer, fuel, crude oil, even ag chemicals have all set or very close to setting record high prices while the cow calf guy knows the trickle is real slow and prices at the auctions are a long ways from the records set back in 2014. Boxed beef cutouts continue to fall which is partly seasonal as there grills are cold. Choice closed on Friday at 254.33, down 3.94 and select at 248.41, down 7.00 compared last Friday. Feedlot sales as of the Friday afternoon report were just under 75K head of negotiated sales for the week. Live sales were mostly around 140.00 and dressed sales mostly 224.00-225.00 giving back some of the ground that had been gained. The Missouri Stocker Formula consist of 5879 head with a weighted average weight of 547.07 and a price value of 194.01, 0.67 higher than last week.

Supply included: 84% Feeder Cattle (56% Steers, 42% Heifers, 3% Bulls); 12% Slaughter Cattle (4% Steers, 2% Heifers, 83% Cows, 11% Bulls); 4% Replacement Cattle (17% Stock Cows, 57% Bred Cows, 5% Bred Heifers, 8% Cow-Calf Pairs, 12% Heifer Pairs, 1% Bulls). Feeder cattle supply over 600 lbs was 47%.

LIVESTOCK SUMMARY Current Week Last Reported 2/28/2022 Last Year Total Receipts: 31,642 0 0 Feeder Cattle: 26,687(84.3%) 0(0.0%) 0(0.0%) Slaughter Cattle: 3,816(12.1%) 0(0.0%) 0(0.0%) Replacement Cattle: 1,139(3.6%) 0(0.0%) 0(0.0%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 192 212 225 $531
300-400 191 218 232 $762
400-500 $--
500-600 $--
600-700 $--
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 175 201 0.0000 $502
300-400 $--
400-500 $--
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 $70 $106 $134

Total Run