Missouri Weekly Cattle Auction Summary
Archived Report
9/24/2022
Total Run: 22,191
Market Notes
Compared to last week, steers and heifers traded uneven with the bulk mostly steady to 5.00 lower, but more attractive, weaned, hard calves and yearlings traded steady to 3.00 higher. Demand was moderate. As a whole, the feeder supply was moderate, but depending on the part of the state, there was a variety of quantity and quality. Record high temperatures early week were seen, then a light jacket was needed late week after the abrupt cold front arrived. The calf market continues to see pressure from seasonal weather swings. Seasonal price spreads were apparent as buyers discount calves depending on weaning status, flesh, and vaccination status. September's cattle on feed report was released on Friday. Cattle and calves on feed was reported at 11.3 million head on September 1, slightly above a year ago and the second highest September 1 inventory since the series began in 1996. Placements in feedlots in August was reported at 2.11 million head, slightly above a year ago. Marketings of fed cattle for August totaled 2 million head, six percent above a year ago. Boxed beef closed on Friday at 248.63 and 219.31, for choice and select, respectively. This was 3.77 lower and 7.34 lower than a week ago for choice and select, respectively. As of Friday afternoon's report, negotiated feedlot volume was reported at 110,427 head, with live sales at 143.00 to 152.00, and dressed from 226.00 to 228.50. The Missouri Stocker Formula consists of 3183 head with a weighted average weight of 538.18 lbs and a price value of 193.30, 6.16 lower than a week ago.Supply included: 79% Feeder Cattle (47% Steers, 0% Dairy Steers, 48% Heifers, 6% Bulls); 14% Slaughter Cattle (3% Steers, 2% Heifers, 85% Cows, 11% Bulls); 6% Replacement Cattle (26% Stock Cows, 50% Bred Cows, 3% Bred Heifers, 21% Cow-Calf Pairs, 0% Bulls). Feeder cattle supply over 600 lbs was 48%.
LIVESTOCK SUMMARY Current Week Last Reported 9/12/2022 Last Year Total Receipts: 22,191 33,900 22,548 Feeder Cattle: 17,640(79.5%) 27,729(81.8%) 18,816(83.4%) Slaughter Cattle: 3,185(14.4%) 3,836(11.3%) 2,812(12.5%) Replacement Cattle: 1,366(6.2%) 2,335(6.9%) 920(4.1%)
Feeder Steers
| Weight | Min | Avg | Max | Approx* |
|---|---|---|---|---|
| 200-300 | 195 | 226 | 242.5 | $565 |
| 300-400 | 170 | 213 | 237 | $745 |
| 400-500 | 175 | 211 | 237 | $949 |
| 500-600 | 170 | 200 | 220 | $1,101 |
| 600-700 | $-- | |||
| 700-800 | $-- |
Feeder Heifers
| Weight | Min | Avg | Max | Approx* |
|---|---|---|---|---|
| 200-300 | 160 | 160 | 0.0000 | $400 |
| 300-400 | 155 | 193 | 227 | $676 |
| 400-500 | 150 | 176 | 207 | $790 |
| 500-600 | 145 | 176 | 196 | $965 |
| 600-700 | 140 | 176 | 188 | $1,147 |
| 700-800 | 140 | 167 | 177.5 | $1,254 |
*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 | $75 | $105 | $125 |