Callaway Livestock Center
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Archived Report
3/22/2021
Total Run: 1,817
Market Notes
Compared to last week, feeder steers under 600 lbs sold steady to firm with last week's light offering, steers weighing 600-700 lbs sold 2.004.00 higher with the most advance on the 650-700 lbs, 700-750 lbs sold steady to 3.00 higher, over 750 lbs were not well tested with last week's pot load lots. Feeder heifers weighing 400-700 lbs traded steady on comparable sales with last week. Slaughter cows traded 2.00-5.00 higher. Demand was moderate to good on a moderate supply. CME cattle futures are back to trading in the green on Monday with moderate gains after tumbling lower late last week. Friday's COF report was neutral with estimates all coming in line with expectations, On Feed at 101.5, Placements at 98.1, and Marketings at 97.3.
Supply included: 87% Feeder Cattle (61% Steers, 35% Heifers, 4% Bulls); 13% Slaughter Cattle (9% Steers, 11% Heifers, 70% Cows, 10% Bulls). Feeder cattle supply over 600 lbs was 51%. AUCTION This Week Last Reported 3/15/2021 Last Year Total Receipts: 1,817 1,630 656 Feeder Cattle: 1,586(87.3%) 1,510(92.6%) 571(87.0%) Slaughter Cattle: 231(12.7%) 120(7.4%) 85(13.0%)
Feeder Steers
Weight |
Min |
Avg |
Max |
Approx* |
200-300 |
|
|
|
$--
|
300-400 |
|
|
|
$--
|
400-500 |
175 |
183 |
188 |
$823
|
500-600 |
161 |
170 |
177.25 |
$935
|
600-700 |
|
|
|
$--
|
700-800 |
|
|
|
$--
|
Feeder Heifers
Weight |
Min |
Avg |
Max |
Approx* |
200-300 |
|
|
|
$--
|
300-400 |
|
|
|
$--
|
400-500 |
146.5 |
151 |
156 |
$680
|
500-600 |
142 |
143 |
144 |
$788
|
600-700 |
128.5 |
136 |
144 |
$884
|
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 |
$65 |
$86 |
$95 |
Total Run