Cattle.com

Callaway Livestock Center

Archived Report

6/13/2022

Total Run: 1,795

Market Notes

Compared to last week's heavy volume sale and very active market, steer calves weighing 400-450 lbs sold 2.00-4.00 lower, with 450-650 lb steers selling mostly 5.00-10.00 lower, a light test of 650-800 lb steers sold with a lower undertone and a pot load of 890 lb steers of similar weights as last week's pot loads sold near 10.00 lower. Feeder heifers weighing 400-500 lbs sold 4.00-8.00 lower, with 500-600 lbs selling mostly 12.00-15.00 lower and over 600 lbs on a light test traded with a lower undertone. Slaughter cows sold 3.00-5.00 higher. Demand was moderate to good on a moderate supply with best demand on the 400-600 lb steers. Monday's markets saw wide spread selling in the commodity markets as CME Live Cattle futures traded 2.05 to 232 lower on the front three months with Feeder Cattle contracts trading 2.22 to 3.15 lower on the front three months. The Dow lost 879 points with the Fed looking to raise interest rates this week had commodities feeling the effects of economic woes along with this week's heat wave.

Supply included: 89% Feeder Cattle (62% Steers, 36% Heifers, 1% Bulls); 11% Slaughter Cattle (94% Cows, 6% Bulls). Feeder cattle supply over 600 lbs was 34%. AUCTION This Week Last Reported 6/6/2022 Last Year Total Receipts: 1,795 3,643 1,773 Feeder Cattle: 1,604(89.4%) 3,386(92.9%) 1,633(92.1%) Slaughter Cattle: 191(10.6%) 257(7.1%) 140(7.9%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 216 220 223 $770
400-500 202 213 222 $957
500-600 165 192 207 $1,055
600-700 178 182 189 $1,186
700-800 154.5 160 163.25 $1,201

Feeder Heifers

Weight Min Avg Max Approx*
200-300 $--
300-400 180 184 187 $646
400-500 170 177 182 $795
500-600 160 163 171 $896
600-700 154 154 161 $1,001
700-800 145.75 146 146.5 $1,097

*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 $94 $109 $120

Total Run