Cattle.com

Missouri Weekly Cattle Auction Summary

Archived Report

7/2/2022

Total Run: 38,540

Market Notes

Compared to last week, feeder steers and heifers sold 3.00 to 8.00 higher, with some local spots of 10.00 to 15.00 higher. The supply of feeders was moderate to heavy. Even though overall supplies especially for heavy weight cattle is typically at its lightest as summer progresses, there are always several producers who retain cattle to hit the market during the June/July transition and a some of those load lots came to town this week. Over the last several months 160.00 has kind of been the bench mark to base weekly evaluations of those load lots of 8 weight steers off of. That mark was blown away this week as 231 head of 956 lb. steers sold in Joplin Regional Stockyards on Monday at 169.50. Then on Tuesday, Unionville Livestock Market sold multiple loads of heavy 8 and light 9 weights that reached solidly into the low 170.00's. As price levels continue the upward trend many have begun to talk about the record prices from back in 2015 and debating if they are attainable again or not. For reference the week ending June 12, 2015 recorded the weighted average price for 849 lb. steers over the entire state at 222.32. Another key factor to recall is at that same time cash corn was around 3.75 a bushel. On a much less exciting note drought conditions are spreading across the state. Just over 61 percent of the state is highlighted on the latest drought monitor with 10 percent listed in D1 status now. Basically everything south of I-70 is now seeing the effects of extreme heat and no moisture. Several reporters made note of producers starting to cull a few cows and selling feather weight calves before they planned due strictly to lack of groceries in the field. As of the Friday afternoon report negotiated feedlot sales totaled just over 68K head. Live sales continue to the see the large price gap from the north to the south. Live sales in the north this week were reported from 145.00-151.00 with dressed sales at 234.00. Live sales in the south were mostly 134.00-138.00. Boxed beef cutouts closed lower for the week. Choice closed on Friday at 263.82, down 1.16 and select closed at 240.47, down 4.55 compared to last week. The Missouri Stocker Formula for Monday consists of 6522 head with a weighted average weight of 551.38 lbs. and a price value of 191.68, 1.88 higher than a week ago. The steer/heifer spread is 25.53.

Supply included: 88% Feeder Cattle (57% Steers, 41% Heifers, 2% Bulls); 10% Slaughter Cattle (0% Steers, 92% Cows, 8% Bulls); 2% Replacement Cattle (31% Stock Cows, 51% Bred Cows, 2% Bred Heifers, 15% Cow-Calf Pairs, 1% Bulls). Feeder cattle supply over 600 lbs was 57%.

LIVESTOCK SUMMARY Current Week Last Reported 6/20/2022 Last Year Total Receipts: 38,540 27,852 28,826 Feeder Cattle: 33,944(88.1%) 24,547(88.1%) 25,537(88.6%) Slaughter Cattle: 3,846(10.0%) 2,850(10.2%) 2,438(8.5%) Replacement Cattle: 750(1.9%) 455(1.6%) 851(3.0%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 176 184 192 $459
300-400 177.5 217 243 $760
400-500 170 209 245 $941
500-600 173 205 229 $1,129
600-700 $--
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 155 155 0.0000 $388
300-400 156 176 182.5 $615
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 $86 $113 $137

Total Run

View Full Report

Past Reports


Location