Callaway Livestock Center
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Archived Report
11/21/2022
Total Run: 1,588
Market Notes
Compared to last week, 450-500 lb steer calves sold 8.00-12.00 higher on a light test, with 500-600 lbs trading steady to firm, 6 weights were not well tested, but two pot loads of fancy steers weighing 676 lbs sold with a higher undertone, over 700 lbs sold with a firm undertone on a few comparable sales. Feeder heifers weighing 450-500 lbs sold 3.00-6.00 higher, with 500-600 lbs selling with a higher undertone with very few comparisons from last week and over 600 lbs were not tested. Slaughter cows sold steady to firm. Demand was good on a moderate offering with the best demand on a consignment of 300 head of top quality steers which included pot loads weighing from 585 to 732 lbs selling on a very active market along with a pot load weighing 927 lbs. Several small lots and packages of light steers and heifers under 600 lbs all sold with good demand. Feeder Cattle futures closed with triple digit gains from 182 to 187 on the front three months as Friday's COF report was very supportive as replacements came in at 94 percent the lowest October Placement figure since the series began in 1996.
Supply included: 84% Feeder Cattle (64% Steers, 32% Heifers, 4% Bulls); 16% Slaughter Cattle (88% Cows, 12% Bulls). Feeder cattle supply over 600 lbs was 43%. AUCTION This Week Last Reported 11/14/2022 Last Year Total Receipts: 1,588 1,566 2,473 Feeder Cattle: 1,338(84.3%) 1,301(83.1%) 2,198(88.9%) Slaughter Cattle: 250(15.7%) 265(16.9%) 275(11.1%)
Feeder Steers
Weight |
Min |
Avg |
Max |
Approx* |
200-300 |
|
|
|
$--
|
300-400 |
224 |
224 |
0.0000 |
$784
|
400-500 |
218 |
223 |
225 |
$1,002
|
500-600 |
190 |
198 |
208 |
$1,092
|
600-700 |
|
|
|
$--
|
700-800 |
|
|
|
$--
|
Feeder Heifers
Weight |
Min |
Avg |
Max |
Approx* |
200-300 |
|
|
|
$--
|
300-400 |
186 |
187 |
189 |
$653
|
400-500 |
175.5 |
182 |
190 |
$819
|
500-600 |
170 |
175 |
184 |
$960
|
600-700 |
174 |
175 |
178 |
$1,137
|
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 |
$83 |
$95 |
$104 |
Total Run