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Missouri Weekly Cattle Auction Summary

Archived Report

6/11/2022

Total Run: 43,695

Market Notes

Compared to last week, feeder steers and heifers sold steady to 5.00 higher with some instances of up to 10.00 higher. The supply of feeders was moderate to heavy following a light holiday week last week. Several loads and multi load strings of yearlings showed up this week with many bringing very impressive prices. Multiple loads of 8 weight steers sold, which have climbed into the low to mid 160's the last couple of weeks, are now seeing tops in the high 160's very close to the 170 mark. Tina Livestock Market sold the highest load this week with a load of 850 lb. steers hitting 168.75. Callaway Livestock Center sold 120 head of 852 lbs. steers at 167.50 and Kingsville Livestock Market sold 173 head of 846 lb. steers at 166.60. Tina Livestock Market also had multi load string of 179 head of 805 lb. steers of mixed color which were put together, a little plainer and thin on flesh which sold at 163.75. Buyers have been very aggressive for these heavy weights as they are pretty hard to find this time of year and most, especially the ones bringing these top prices will perform well and take much fewer days on feed to reach slaughter than the lighter weight calves that are more common. That isn't to say however that lighter weights won't bring good money however, 57 head of 591 lb. steers at Callaway sold on Monday at 202.50, everything but 1200.00 per head. For the entire state, near 1400 head of steers with a weight average weight of 574 lbs. had a weight average price of 194.79. Cash corn prices around the state climbed just over 50 cents this week with many areas now right at or exceeding 8.00 a bushel. Although many areas around the state have had a wet cool spring, this actually slowed grass growth and now heat is coming. There are actually some growing concerns that pastures are going to dry out fast. Currently none of the state is officially registering on the drought monitor. Temperatures are expected to reach triple digits in areas next week and that is bad news in June. Boxed beef cutouts were mixed this week. Choice closed on Friday at 271.32 up 4.06 while select closed at 248.89, down 1.13. Negotiated feedlot sales were higher this week as of Friday afternoon a bit over 85k head were reported with live sales ranging from 136.00-143.00 and dressed sales mostly 225.00-226.00. Monday's Missouri Stocker Formula consists of 9213 (8948) head with a weighted average weight of 545.11 (532.39) lbs. and a price value of 189.60 (165.13), 1.11 higher (2.06 higher) than last week.

Supply included: 87% Feeder Cattle (53% Steers, 0% Dairy Steers, 43% Heifers, 3% Bulls); 11% Slaughter Cattle (1% Steers, 1% Heifers, 89% Cows, 9% Bulls); 2% Replacement Cattle (35% Stock Cows, 48% Bred Cows, 2% Bred Heifers, 15% Cow-Calf Pairs, 0% Bulls). Feeder cattle supply over 600 lbs was 42%.

LIVESTOCK SUMMARY Current Week Last Reported 5/30/2022 Last Year Total Receipts: 43,695 20,288 39,664 Feeder Cattle: 37,995(87.0%) 14,285(70.4%) 34,681(87.4%) Slaughter Cattle: 4,930(11.3%) 3,873(19.1%) 3,934(9.9%) Replacement Cattle: 770(1.8%) 2,130(10.5%) 1,049(2.6%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 182 194 202 $485
300-400 172 213 229 $746
400-500 180 209 228 $939
500-600 $--
600-700 $--
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 146 183 210.5 $642
400-500 145 176 194 $794
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 $73 $111 $148

Total Run

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