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Archived Report
10/24/2022
Total Run: 1,572
Market Notes
Compared to last week, steer calves had the best test on 500-550 lbs selling steady to 3.00 lower, with steer calves weighing 400-650 lbs very lightly tested on a light offering with weights over 650 lbs scarce. Feeder heifers under 600 lbs were not well tested on a light offering with two pot loads of 670 and 780 lb heifers trading with a steady to firm undertone. Slaughter cows sold steady to 3.00 lower. Demand was moderate on a moderate supply with overall quality mostly average to good on calves with the best demand on the two pot loads of heifers. Cattle futures started the week in the green with Live cattle futures having triple digit gains with the front three months 112-170 higher. December corn closed 2 3/4 cents lower with November and January soybeans closing 23 1/2 and 23 1/4 cents lower.
Supply included: 81% Feeder Cattle (34% Steers, 62% Heifers, 4% Bulls); 19% Slaughter Cattle (93% Cows, 7% Bulls). Feeder cattle supply over 600 lbs was 45%. AUCTION This Week Last Reported 10/17/2022 Last Year Total Receipts: 1,572 1,563 1,831 Feeder Cattle: 1,267(80.6%) 1,349(86.3%) 1,638(89.5%) Slaughter Cattle: 305(19.4%) 214(13.7%) 193(10.5%)
Feeder Steers
Weight |
Min |
Avg |
Max |
Approx* |
200-300 |
|
|
|
$--
|
300-400 |
|
|
|
$--
|
400-500 |
201 |
204 |
208 |
$919
|
500-600 |
187 |
196 |
205 |
$1,079
|
600-700 |
177 |
185 |
187 |
$1,203
|
700-800 |
174 |
174 |
180 |
$1,305
|
Feeder Heifers
Weight |
Min |
Avg |
Max |
Approx* |
200-300 |
|
|
|
$--
|
300-400 |
|
|
|
$--
|
400-500 |
149 |
161 |
174 |
$725
|
500-600 |
168 |
168 |
151 |
$926
|
600-700 |
174.25 |
175 |
177.5 |
$1,137
|
700-800 |
167.85 |
168 |
177.5 |
$1,259
|
*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 |
$91 |
$99 |
$107 |
Total Run