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Archived Report

6/12/2023

Total Run: 3,846

Market Notes

Compared to last week, another large offering this week with 400-450 lb steer calves selling steady to firm, 450-500 lbs were lightly tested, 5 weight steers sold very uneven, but overall mostly steady (reaching last week's highs but trading in a wider price range) 600-650 lb steers the bulk of offering weighed 600-620 lbs and sold with a sharply higher undertone with good weigh ups and good quality, a pot load of 710 lb steers sold with a higher undertone with the pot loads of 835-900 lb steers trading 5.00-10.00 higher on very good demand and over 900 lbs sold with a higher undertone. Feeder heifers weighing 400-500 lbs sold steady with instances 4.00 lower on the 450-500 lbs, 500-700 lbs sold mostly steady with 550-600 lbs trading steady to 5.00 lower. Demand was moderate to good on a heavy supply. Good quality calves pretty much reached last week's highs with price ranges trading in a wider price range than last week as overall quality was good, just not as deep as last week on the calves. Several stick-out sales this week especially on the low 6 weight steers and pot loads of yearling steers over 800 lbs. With fed cattle prices at record levels feeders continue to catch the tail winds, especially the big yearling steers over 800 lbs as producers are wanting to replace inventory they have sold at record prices. Slaughter cows on a large offering sold steady to 3.00 lower.

Supply included: 86% Feeder Cattle (60% Steers, 38% Heifers, 2% Bulls); 14% Slaughter Cattle (6% Steers, 94% Cows). Feeder cattle supply over 600 lbs was 39%. AUCTION This Week Last Reported 6/5/2023 Last Year Total Receipts: 3,846 4,726 1,795 Feeder Cattle: 3,298(85.8%) 4,334(91.7%) 1,604(89.4%) Slaughter Cattle: 548(14.2%) 392(8.3%) 191(10.6%)

Feeder Steers

Weight Min Avg Max Approx*
200-300 $--
300-400 300 313 344 $1,096
400-500 296 302 320 $1,359
500-600 273 289 310 $1,588
600-700 $--
700-800 $--

Feeder Heifers

Weight Min Avg Max Approx*
200-300 300 300 0.0000 $750
300-400 270 284 291 $993
400-500 255 266 277 $1,198
500-600 235 257 267.25 $1,415
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 $190 $190 $191

Total Run

2023-06-05
2023-06-19
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Past Reports

Location

Kingdom City, Missouri