Kingsville Livestock Auction
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Archived Report
1/26/2021
Total Run: 1,487
Market Notes
Compared to last week, steers sold firm to 5.00 higher with the most advance on the 550-650 lb weight range and heifers sold steady. Demand was good. Supply was light to moderate, affected by the recent rain and muddy conditions. Feeder cattle futures and corn have been bouncing around the last few trading days, Tuesday corn was up and feeder cattle were down. Also, Friday's COF report was not bullish like estimated, another market factor. Despite all this, buyers were aggressive in their bidding to own cattle with the summer and fall futures contracts looking attractive over an optimism that the worst of the burden of high numbers of cattle is in the rear view mirror. Slaughter cows sold 2.00-4.00 higher, bulls mostly steady.
Supply included: 87% Feeder Cattle (63% Steers, 36% Heifers, 1% Bulls); 9% Slaughter Cattle (94% Cows, 6% Bulls); 3% Replacement Cattle (100% Stock Cows). Feeder cattle supply over 600 lbs was 49%. AUCTION This Week Last Reported 1/19/2021 Last Year Total Receipts: 1,487 3,392 1,595 Feeder Cattle: 1,299(87.4%) 3,131(92.3%) 1,405(88.1%) Slaughter Cattle: 138(9.3%) 191(5.6%) 170(10.7%) Replacement Cattle: 50(3.4%) 70(2.1%) 20(1.3%)
Feeder Steers
Weight |
Min |
Avg |
Max |
Approx* |
200-300 |
|
|
|
$--
|
300-400 |
179 |
185 |
184 |
$646
|
400-500 |
158 |
178 |
188.75 |
$803
|
500-600 |
157.25 |
170 |
175.5 |
$935
|
600-700 |
152.5 |
155 |
155.25 |
$1,006
|
700-800 |
|
|
|
$--
|
Feeder Heifers
Weight |
Min |
Avg |
Max |
Approx* |
200-300 |
|
|
|
$--
|
300-400 |
150 |
159 |
0.0000 |
$556
|
400-500 |
133.5 |
148 |
144.5 |
$665
|
500-600 |
126.75 |
141 |
150 |
$776
|
600-700 |
132.25 |
135 |
139.1 |
$877
|
700-800 |
123 |
123 |
135 |
$923
|
*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 |
$82 |
$87 |
Total Run