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Missouri Weekly Cattle Auction Summary

Archived Report

1/28/2023

Total Run: 18,231

Market Notes

Compared to last week, a light supply of feeders sold with firm to higher undertones on limited test. Auctions were interrupted by winter weather this week making transporting cattle difficult to impossible. Several inches of heavy wet snow fell which measured in the low double digits in the hardest hit areas. Some sales cancelled altogether with the rest seeing light runs. Cold temperatures followed and set in over the weekend. Freezing rain made for many icy roads Sunday afternoon and evening which could cause some problems for auctions starting out this week. The industry is currently awaiting the much anticipated semiannual cattle inventory due to be released on Tuesday, where we will receive the official numbers of just how much the cattle herd has shrink in the last year. Boxed beef cutouts continued their decline this week, choice closed at 267.76, down 3.96 and select closed at 250.54, down 5.89 compared to last Friday. Negotiated feedlot sales as of Friday afternoon was reported at a dismal 43k head. Sales were steady to lower, live sales were reported mostly from 152.00-157.00, dressed sales mostly at 248.00. The Missouri Stocker Formula consist of 3310 head with a weighted average weight of 547.53 lbs. and a price value of 202.82, 1.52 higher than last week. The steer/heifer spread is 26.30.

Supply included: 77% Feeder Cattle (53% Steers, 43% Heifers, 3% Bulls); 12% Slaughter Cattle (3% Steers, 0% Dairy Steers, 2% Heifers, 86% Cows, 9% Bulls); 10% Replacement Cattle (9% Stock Cows, 58% Bred Cows, 21% Bred Heifers, 12% Cow-Calf Pairs, 0% Heifer Pairs, 0% Bulls). Feeder cattle supply over 600 lbs was 48%.

LIVESTOCK SUMMARY Current Week Last Reported 1/16/2023 Last Year Total Receipts: 18,231 41,759 40,730 Feeder Cattle: 14,126(77.5%) 36,894(88.3%) 35,653(87.5%) Slaughter Cattle: 2,266(12.4%) 3,146(7.5%) 3,108(7.6%) Replacement Cattle: 1,839(10.1%) 1,719(4.1%) 1,969(4.8%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 215 215 0.0000 $538
300-400 195 232 255 $811
400-500 180 222 257 $998
500-600 172 210 238 $1,157
600-700 169 193 210 $1,256
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 165 187 195 $467
300-400 170 188 204 $660
400-500 165 188 202.5 $846
500-600 155 181 201.25 $995
600-700 145 172 183.25 $1,118
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 $98 $117

Total Run

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