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Missouri Weekly Cattle Auction Summary

Archived Report

5/13/2023

Total Run: 42,201

Market Notes

Compared to last week, feeders under 600 lbs. sold 5.00-8.00 lower, steers over 600 lbs. sold steady to 2.00 lower, and heifers over 600 lbs. sold steady to 2.00 higher. There was some instances of course that didn't fit the overall trend but as a whole feeders, especially the calves which are making up the majority of the offering are selling at lower prices. The supply of feeders was moderate to heavy. Many producers are continued to bring calves to town earlier than usual as prices remain good even if they aren't at the same levels as a few weeks ago. Large if not huge runs of cows came to auctions this week as farmers look to conserve grass in any way they can. Moods are more optimistic as this week begins as rains have finally fallen for most everyone in the state. Although amounts varied and cells have been spotty nearly everyone has received some the last week. Issues of dryness and short grass do not just go away overnight however and no one wants to push short pastures before summer actually arrives. Although not as impressive as the last few weeks a few of the top end of sales included a load of 621 lb. steers at Callaway Livestock Center which sold at 241.25. A load of 720 lb. steers sold at Ozark Regional Stockyards brought 223.50 and a two load sale of 168 head of 832 lb. steers sold at Kingsville Livestock Auction for 208.85. The top five weight steers was a small draft of 10 head of 514 lb. steers at Tina Livestock Auction which brought 290.00. Most of the better five weights are falling in the mid 270.00's as anything with a 3 in front doesn't seem to exist anymore. Boxed beef cutouts continued to the downward trend this week. Choice closed at 304.61, down 4.58 and select closed at 284.68, down 3.48 compared to last Friday. Negotiated feedlot sales as of Friday afternoon was just near 77K head, this marks nearly a month of consecutive weeks with disappointing sales. Live sales were reported from 170.00-176.00 and dressed sales 280.00. The Missouri Stocker Formula consist of 8398 head with a weighted average weight of 532.45 lbs. and a price value of 247.35, 5.72 lower than last week. The steer/heifer spread is 31.97.

Supply included: 85% Feeder Cattle (51% Steers, 1% Dairy Steers, 45% Heifers, 4% Bulls); 12% Slaughter Cattle (2% Steers, 1% Heifers, 89% Cows, 8% Bulls); 3% Replacement Cattle (28% Stock Cows, 48% Bred Cows, 4% Bred Heifers, 17% Cow-Calf Pairs, 2% Heifer Pairs, 0% Bulls). Feeder cattle supply over 600 lbs was 38%.

LIVESTOCK SUMMARY Current Week Last Reported 5/1/2023 Last Year Total Receipts: 42,201 45,368 28,412 Feeder Cattle: 35,718(84.6%) 36,132(79.6%) 23,609(83.1%) Slaughter Cattle: 5,249(12.4%) 5,816(12.8%) 3,992(14.1%) Replacement Cattle: 1,234(2.9%) 3,420(7.5%) 811(2.9%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 255 262 265 $655
300-400 248 283 322.5 $989
400-500 249 272 296.5 $1,224
500-600 $--
600-700 $--
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 234 252 265 $630
300-400 210 243 284 $849
400-500 205 235 252 $1,058
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 $70 $117 $138

Total Run

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