Missouri Weekly Cattle Auction Summary
Archived Report
5/21/2022
Total Run: 36,076
Market Notes
Compared to last week, steers under 650 lbs. sold steady to 3.00 higher, over 650 lbs. steady to 2.00 lower. Heifers sold unevenly steady to 2.00 lower. The supply was moderate with a few barns holding special sales with decent offerings of better quality weaned and vaccinated calves. As typical for this time of year heavyweight yearlings are in short supply 66 percent of this week's supply was under 600 lbs. Calves that are unweaned, bawling and carrying extra flesh of course seeing discounts. Some areas mostly in the southern half of the state saw heavy rains with some areas exceeding 5 inches. Farmers continue to struggle to make progress planting and getting started with haying. Auctions around the state continue to see more cull cows than typical, that same story is playing out all across the nation. Prices for cull animals did back off a few bucks this week but overall that market has remained very strong and unlike other areas where drought is playing in to those marketing decisions most here are just trying to take advantage of current price levels. There is a tiny touch of concern that the cool spring and excess of moisture, which has pastures and hay fields looking a bit short could be a problem come summer. Friday saw the release of the monthly cattle on feed report, numbers were a bit bearish. On feed was reported at 102 percent, placements at 99.1 and marketings at 97.8. Both on feed and placements were higher than expected while marketings were below. Feedlot trade for the week as of Friday afternoon totaled just over 86K head. Live sales were mostly 138.00-142.00 and dressed sales at 226.00 all lower than sales a week ago. Boxed beef cutouts were mixed with choice closing at 262.17, up 3.22 and select at 243.09, down 0.81 compared to the previous week. Last week's estimated slaughter was reported at 680,000 the largest week since in over two years, as packers work to make sure meat counters are full for the upcoming Memorial Day weekend, which is the official kick off of grilling season. The Missouri Stocker Formula consist of 7550 head with a weighted average weight of 531.28 lbs. and a price value of 188.68, 2.25 higher than a week ago. The steer/heifer spread is 29.98.Supply included: 80% Feeder Cattle (50% Steers, 0% Dairy Steers, 46% Heifers, 4% Bulls); 13% Slaughter Cattle (1% Steers, 1% Heifers, 89% Cows, 9% Bulls); 7% Replacement Cattle (10% Stock Cows, 34% Bred Cows, 17% Bred Heifers, 31% Cow-Calf Pairs, 7% Heifer Pairs, 2% Bulls). Feeder cattle supply over 600 lbs was 34%.
LIVESTOCK SUMMARY Current Week Last Reported 5/9/2022 Last Year Total Receipts: 36,076 28,412 30,694 Feeder Cattle: 28,976(80.3%) 23,609(83.1%) 24,800(80.8%) Slaughter Cattle: 4,749(13.2%) 3,992(14.1%) 3,907(12.7%) Replacement Cattle: 2,351(6.5%) 811(2.9%) 1,987(6.5%)
Feeder Steers
| Weight | Min | Avg | Max | Approx* |
|---|---|---|---|---|
| 200-300 | 175 | 210 | 235 | $524 |
| 300-400 | 180 | 209 | 235 | $730 |
| 400-500 | $-- | |||
| 500-600 | $-- | |||
| 600-700 | $-- | |||
| 700-800 | $-- |
Feeder Heifers
| Weight | Min | Avg | Max | Approx* |
|---|---|---|---|---|
| 200-300 | 157 | 175 | 185 | $438 |
| 300-400 | 150 | 181 | 215 | $633 |
| 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 | $76 | $102 | $113 |