Missouri Weekly Cattle Auction Summary

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Archived Report

Market Notes

Compared to last week, feeders sold mostly 5.00 higher. Looking only at numbers on paper that might not appear the case, but one has to remember last week was a holiday shorten week with only a few special sales with very high quality and large drafts of cattle. Given that most reporters had to look back two weeks ago to make comparisons and trends were several dollars higher as they had to play catch up with gains over two week. A couple of market highlights from this week included 120 head of 848 lb. steers which sold for 185.00 on Monday at Callaway Livestock Center. Another noteworthy sale was 221 head of 739 lb. steers which sold for 193.10 at Kingsville Livestock Market on Tuesday. The Supply of feeders was moderate to heavy, not only was there a week of missed sales to catch up with dry conditions in the southern half of the state are really starting to take a toll and bringing several calves to town that otherwise would still be at home. The dryness is also brining very large numbers of cows to town as many producers are being forced to reduce herd size as there just isn't enough grass to maintain inventory levels and feeding this early in the year isn't feasible given lower hay production as well. The cull cow market has been very strong for several months which made these decisions at least a bit less painful, however supplies of cull cows from neighboring states like OK and TX have led to an oversupply and the market took a big hit mid- week and fell 10.00-12.00 at most auctions. Wednesday's Cow and Bull sale at Ozark's Regional Stockyards was the largest that barn has ever seen on a cow day and all barns throughout that region have been seeing larger than normal runs of cows over the last month. Reports also came in of some farmers in SW MO giving up on the corn crop and deciding to start chopping although though there is very little in the way of any ears, there is still feed value currently as silage. Conditions are quite different however as once gets to the far northern third of the state where rains have been much more timely, especially since the beginning of the month. Making the difference in pastures and crops from the south to the north drastically different. Negotiated feedlot sales as of Friday were right at 80K head for the week. Live sales in the south were reported at mostly 137.00, in the north sales were from 140.00-145.00 and dressed sales in the north mostly 228.00-230.00. Boxed beef cutouts closed on Friday with choice at 268.91, up 1.02 and select at 241.79, down 0.06 from last Friday. The Missouri Stocker Formula consist of 7910 head with a weighted average of 553.55 lbs. and a price value of 193.71, 1.03 lower than a week ago. The steer/heifer spread is 26.24.

Supply included: 84% Feeder Cattle (56% Steers, 1% Dairy Steers, 40% Heifers, 3% Bulls); 14% Slaughter Cattle (2% Steers, 1% Heifers, 90% Cows, 7% Bulls); 3% Replacement Cattle (31% Stock Cows, 48% Bred Cows, 2% Bred Heifers, 20% Cow-Calf Pairs, 0% Bulls). Feeder cattle supply over 600 lbs was 50%.

LIVESTOCK SUMMARY Current Week Last Reported 7/4/2022 Last Year Total Receipts: 45,377 13,296 28,789 Feeder Cattle: 37,897(83.5%) 10,886(81.9%) 24,784(86.1%) Slaughter Cattle: 6,192(13.6%) 1,938(14.6%) 2,943(10.2%) Replacement Cattle: 1,288(2.8%) 472(3.5%) 1,062(3.7%)

*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

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Past Reports

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• 2020
• 2020
• 2020
• 2020

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