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Missouri Weekly Cattle Auction Summary

Archived Report

11/5/2022

Total Run: 35,961

Market Notes

Compared to last week, steers under 650 lbs. sold 5.00 to 10.00 higher with steers over 650 lbs. and all weights of heifers steady to 5.00 higher. The supply of feeders was moderate with most barns having good numbers across the weight spectrum this week. The weather is still a transitional mess but a couple of cold snaps the last few weeks has helped some with health issues. As November has arrived and harvest is done or nearing completion the next few weeks should really tell the story of what cattle numbers are. Historically the first few weeks of the month good volume weeks, as most producers will try to finish up this years' marketing prior to the holidays or else wait till the New Year. The overall feeling for most is that early marketing due to the summer drought hasn't left a lot for big sales but time will tell to what extent that really is true. Demand for all classes was good this week, moisture not only in Missouri but across wheat growing areas has no doubt provided some optimism to the market. A load of steers this week at Kingsville Livestock Market weighting 712 lbs. and tagged as thin fleshed sold at 202.60 with another part load near the same weight also tagged as thin fleshed sold at 209.00. The two largest drafts came from the states' largest barn this week, Joplin Regional Stockyards, which sold two multi load drafts (358 and 244 head) of put together average quality commercial type steers that averaged on either side of 850 lbs. for a total of 602 head and sold at 173.25 and 173.75. Boxed beef cutouts were mixed this choice closed at 263.75, up 0.49 and select closing at 231.90, down 2.59 compared to last week. Negotiated feedlot sales as of Friday afternoon was near 86K head. Live sales were reported in the south at 149.00-150.00 and in the north mostly 153.00 with a few up to 155.00, dressed sales at 242.00-243.00. The Missouri Stocker Formula consist of 5874 head with a weighted average weight of 538.45 lbs. and a price value of 191.92, up 7.90 from last week. The steer/heifer spread is 25.86.

Supply included: 79% Feeder Cattle (53% Steers, 0% Dairy Steers, 41% Heifers, 5% Bulls); 15% Slaughter Cattle (1% Steers, 1% Heifers, 90% Cows, 8% Bulls); 6% Replacement Cattle (19% Stock Cows, 53% Bred Cows, 7% Bred Heifers, 21% Cow-Calf Pairs). Feeder cattle supply over 600 lbs was 46%.

LIVESTOCK SUMMARY Current Week Last Reported 10/24/2022 Last Year Total Receipts: 35,961 24,170 34,541 Feeder Cattle: 28,434(79.1%) 19,109(79.1%) 26,906(77.9%) Slaughter Cattle: 5,322(14.8%) 3,987(16.5%) 4,476(13.0%) Replacement Cattle: 2,205(6.1%) 1,074(4.4%) 3,159(9.1%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 170 212 237 $744
400-500 $--
500-600 $--
600-700 $--
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 154 178 0.0000 $445
300-400 147 178 202.5 $623
400-500 146 176 204 $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 $75 $95 $106

Total Run

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