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Missouri Weekly Cattle Auction Summary

Archived Report

1/30/2021

Total Run: 22,159

Market Notes

Compared to last week, feeder steers and heifers sold steady to 2.00 higher. The supply of feeders was light to moderate as weather was less than favorable for transporting livestock. Heavy rain fall early in the week, then mid-week snow fell followed by more rains. Flash flooding was a problem in some areas but mud is becoming a much larger problem. Wet cold mud is not the type of weather that producers want trying to keep calves looking good and gaining weight prior to marketing. Several barns in the northern part of the state canceled sales early due to the forecast of snow. Demand for feeders is moderate to good. Buyers are eagerly trying to fill orders for summer grazers before the best ones are gone and supplies get tight. Boxed beef cutouts continue to climb. Choice closed Friday at 233.95 up 11.13 and select closed at 222.70 up 9.36 compared to the previous week. Feedlot sales as of the last report on Friday afternoon totaled just under 55K head of negotiated sales, however it is likely there was more business late Friday but just how much will not be known till mid-morning Monday. Sales that were reported however were much higher as feedlot managers dug in hard trying to get a little big slice of the pie. Live sales were mostly 110.00113.00 and dressed sales were reported from mostly 174.00-178.00 with some up to 181.00. The semi-annual cattle inventory report was released late Friday afternoon. On the national level most numbers were fairly in line with estimates. The one exception was the number of beef heifers being kept for replacements which came in at 100% of the previous year which was 2% above estimates. Missouri maintained the 3rd spot in the nation for beef cows that have calved but that number was down 2% for a total of 2.035 million head. The 2020 calf crop was estimated at 1.91 million head also down 2% from the previous year. The Missouri Stocker Formula consisted of 3953 head with a weighted average weight of 549.97 lbs. with a price value of 155.73 up 4.22 compared to last Monday.

Supply included: 85% Feeder Cattle (59% Steers, 0% Dairy Steers, 38% Heifers, 2% Bulls); 9% Slaughter Cattle (7% Steers, 1% Heifers, 82% Cows, 10% Bulls); 6% Replacement Cattle (17% Stock Cows, 60% Bred Cows, 12% Bred Heifers, 10% Cow-Calf Pairs, 1% Heifer Pairs, 0% Bulls). Feeder cattle supply over 600 lbs was 58%.

LIVESTOCK SUMMARY Current Week Last Reported 1/18/2021 Last Year Total Receipts: 22,159 37,929 27,898 Feeder Cattle: 18,852(85.1%) 33,134(87.4%) 24,553(88.0%) Slaughter Cattle: 1,931(8.7%) 2,795(7.4%) 2,219(8.0%) Replacement Cattle: 1,376(6.2%) 2,000(5.3%) 1,126(4.0%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 162 166 170 $416
300-400 166 186 200 $652
400-500 150 177 188.75 $795
500-600 136 162 176.5 $889
600-700 $--
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 161 161 0.0000 $403
300-400 126 152 164 $533
400-500 118 144 169 $647
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 $50 $83 $103

Total Run

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