SJ_LS850 St. Joseph, MO Fri Jul 05, 2019 USDA-MO Dept of Ag Market News NATIONAL FEEDER & STOCKER CATTLE SUMMARY – WEEK ENDING 07/05/2019 RECEIPTS: Auctions Direct Video/Internet Total This Week N/A 27,200 39,200 66,400 This Week 156,200 35,700 46,100 238,000 Year Ago 17,000 34,300 29,000 80,300 Compared to last week, feeder steers and heifers were not well tested nationwide this week, however a firmer undertone was noted at a very limited number of auctions. This week, the Annual Beef BBQ Customer Appreciation Sale at Green City Livestock Auction in the hills of North Central Missouri realized some lofty heavy weight steer prices. Three loads of steers weighing 916 to 931 lbs sold from 138.00 to 141.10 for a weighted average of 139.80. Buyers in attendance were readily poised to aggressively pursue the outstanding quality weaned calves and yearlings. CME futures rallied higher for the week with Live Cattle gaining 2.08 to 2.65 and Feeder Cattle gaining 1.97 to 2.88. Negotiated cash fed cattle traded on Wednesday at 109.00 live in the Southern Plains this week while the Northern Plains traded at 113.00 to 113.50 and 180.00 dressed. Packers were said to be searching for fed cattle that will have a higher percentage of grading Choice or better. Steer carcass weights increased 5 pounds from the previous week but is still 4 pounds below a year ago. For the week, the Choice cutout closed 1.99 lower at 217.67, while Select was 0.76 lower at 194.80. Cattle Slaughter under federal inspection estimated at 573K for the week, 92K less than last week and 3K more than a year ago. The May Restaurant Performance Index reported late last week posted an increase from the previous month at 101.6. The Creighton University Rural Mainstreet Index climbed above growth neutral in June for a sixth time in the last seven months, according to the monthly survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and/or energy. More than one in four bank CEOs reported rising loan defaults due to farmer financial woes. Almost half of bankers reported that due to crisis level farm income, farmers in their area have responded by selling the farm, or otherwise leaving the farm. Auction receipts, state volumes, and prices are not reportable at this time, however as weekly reports are published this report will be updated. Auctions Receipts: 000,000 Last Week 156,200 Last Year 17,000 (00 pct over 600 lbs, 00 pct heifers) Direct Receipts: 27,200 Last Week 35,700 Last Year 34,300 (82 pct over 600 lbs, 53 pct heifers) TEXAS 15,200. 87 over 600 lbs. 56 pct heifers. Steers: Medium and Large 1 Current FOB 650-700 lbs 137.50; 750-800 lbs 134.50; 800-850 lbs 133.00; Current Del 750-800 lbs 134.00-136.00; 800-850 lbs 131.50-133.00; 850-900 lbs 130.00; Aug FOB 650-700 lbs 142.00; 750-800 lbs 130.10-136.60; Sep FOB 750-800 lbs 135.20; Sep Del 750-800 lbs 139.20; 800-850 lbs 133.22-134.00; Oct Del 750-800 lbs 139.70; 800-850 lbs 133.50; Nov Del 750-800 lbs 137.65. Medium and Large 1-2 Current FOB 700-750 lbs 134.00; 750-800 lbs 121.88; 850-900 lbs 122.46; Jul-Aug Del 900-950 lbs 126.00; 950-1000 lbs 124.00; Aug Del 800-850 lbs 134.65. Heifers: Medium and Large 1 Current FOB 600-650 lbs 134.00; 650-700 lbs 126.50; 700-750 lbs 125.50; 750-800 lbs 121.00-126.00; Current Del 650-700 lbs 131.00; 750-800 lbs 120.50-125.00; 800-850 lbs 112.00-115.00; Jul-Aug FOB 500-550 lbs 144.00; Aug FOB 600-650 lbs 137.50; 650-700 lbs 130.50-132.00; 700-750 lbs 124.10; Sep FOB 800-850 lbs 126.20-126.70; Sep Del 700-750 lbs 129.00-130.60; 750-800 lbs 129.50; Oct Del 700-750 lbs 130.90-131.00; 750-800 lbs 129.50; Nov Del 700-750 lbs 130.90; 750-800 lbs 129.50. Medium and Large 1-2 Current FOB 750-800 lbs 116.85-118.23; Jul-Aug FOB 850-900 lbs 118.77; Current Del 600-650 lbs 137.00; 750-800 lbs 121.00; Jul-Aug Del 750-800 lbs 128.00; 800-850 lbs 124.00. OKLAHOMA 4200. 100 over 600 lbs. 60 pct heifers. Steers: Medium and Large 1 Current FOB 850-900 lbs 128.50. Medium and Large 1-2 Current FOB 750-800 lbs 132.50-133.00; 800-850 lbs 131.00; Sep FOB 750-800 lbs 136.72; Nov FOB 750-800 lbs 134.15. Heifers: Medium and Large 1 Current FOB 650-700 lbs 129.00; 750-800 lbs 123.50; Sep FOB 700-750 lbs 127.10-127.72; Oct FOB 700-750 lbs 127.40-128.00; Nov FOB 700-750 lbs 127.40. Medium and Large 1-2 Current FOB 750-800 lbs 118.00; 800-850 lbs 110.50-113.50. NEW MEXICO 1700. 12 over 600 lbs. 88 pct heifers. Steers: Medium and Large 1-2 FOB Current 650 lbs 126.98 Mexican. Heifers: Medium and Large 1-2 FOB Current 550 lbs 127.00 Mexican. KANSAS 1500. 100 over 600 lbs. 36 pct heifers. Steers: Medium and Large 1 Sep Del 750-800 lbs 138.22. Medium and Large 1-2 Current Del 750-800 lbs 127.00; 850- 900 lbs 126.00. Heifers: Medium and Large 1 Current FOB 750-800 lbs 125.00; Sep Del 700-750 lbs 129.22. IOWA 800. 100 over 600 lbs. 0 pct heifers. Steers: Medium and Large 1-2 Sep FOB 750-800 lbs 134.20; Oct FOB 750-800 lbs 134.70. COLORADO – There were no direct sales reported. WYOMING - There were no direct sales reported. DAKOTAS 200. 100 over 600 lbs. 100 pct heifers. Steers: Medium and Large 1 Current FOB 800-850 lbs 135.00. MONTANA – There were no direct sales reported. SOUTHWEST (AZ-CA-NV) 1500. No cattle over 600 lbs. No heifers. Holsteins: Large 3 325 lbs 113.00 Current Del; 325 lbs 115.00 Aug Del. NORTHWEST (WA-OR-ID-UT) 200. 100 over 600 lbs. 50 pct heifers. Steers: Medium and Large 1 Current Del 700-750 lbs 142.00; 850-900 lbs 126.00. Heifers: Medium and Large 1 Current Del 650-700 lbs 134.00; 850-900 lbs 118.00. EASTERN CORNBELT (IL-IN-MI-MN-OH-KY) 1600. 100 over 600 lbs. 63 pct heifers. Steers: Medium and Large 1-2 Sep FOB 800-850 lbs 126.00; Oct FOB 800-850 lbs 125.50. Heifers: Medium and Large 1 Sep FOB 750-800 lbs 121.50; Oct FOB 750-800 lbs 121.50; Nov FOB 750-800 lbs 121.50. SOUTHEAST (AL-AR-FL-GA-LA-MS-TN) 300. 100 over 600 lbs. 53 pct heifers. Steers: Medium and Large 1 Current FOB 800-850 lbs 125.00; Sep FOB 800-850 lbs 128.22. Heifers: Medium and Large 1 Sep FOB 700-750 lbs 124.00. Video/Internet Receipts: 39,200 Last Week 46,100 Last Year 29,000 (97 pct over 600 lbs, 22 pct heifers) JOPLIN REGIONAL STOCKYARDS VIDEO 25,000. 99 pct over 600 lbs. 18 pct heifers. Southcentral Region (TX-OK-NM-KS-MO) Steers: Medium and Large 1 Current few loads 640 lbs 150.00; few loads 750 lbs 142.50; 900-950 lbs (917) 128.72; Jul-Aug 650-700 lbs (666) 149.43; part load 700 lbs 144.50; few loads 775 lbs 143.62; 800-850 lbs (816) 141.54; 850- 900 lbs (869) 136.96; few loads 940 lbs 124.50; Aug part load 800 lbs 137.00; 850-900 lbs (856) 137.25; Aug-Sep part load 725 lbs 144.00; few loads 775 lbs 139.50; Nov few loads 775 lbs 142.00; Nov-Dec part load 800 lbs 138.00. Medium and Large 1-2 Current few loads 755 lbs 141.50; 800-850 lbs (803) 133.96; 850- 900 lbs (871) 134.02; 900-950 lbs (917) 127.90; Jul-Aug few loads 650 lbs 152.25; part load 700 lbs 144.50; several loads 825 lbs 135.60; 850-900 lbs (860) 134.39; 900-950 lbs (903) 132.71; Aug several loads 775 lbs 138.50; 800-850 lbs (805) 136.90; several loads 850 lbs 136.72; Sep few loads 850 lbs 133.00; Oct few loads 750 lbs 146.50; few loads 850 lbs 133.00; Nov part load 925 lbs 131.25; Nov-Dec few loads 850 lbs 133.61; Dec-Jan part load 850 lbs 134.00. Heifers: Medium and large 1 Current 600-650 lbs (618) 140.09; few loads 700 lbs 134.00; few loads 775 lbs 126.75; few loads 850 lbs 121.50; Jul-Aug 600-650 lbs (612) 139.17; 700-750 lbs (722) 140.09; 800-850 lbs (801) 126.42; part load 850 lbs 120.00; Aug few loads 750 lbs 129.00; Aug-Sep few loads 725 lbs 138.00; part load 785 lbs 127.00; Oct few loads 790 lbs 128.75; few loads 800 lbs 125.50; Nov few loads 750 lbs 132.00; Nov-Dec few loads 750 lbs 130.50. Medium and large 1-2 Current part load 725 lbs 133.00; Jul-Aug few loads 750 lbs 130.00; few loads 800 lbs 124.11; Aug 700-750 lbs (727) 131.81; Oct-Nov few loads 700 lbs 132.25; Nov part load 760 lbs 129.50. CATTLE COUNTRY VIDEO 14,200. 94 pct over 600 lbs. 30 pct heifers. Southcentral Region (TX-OK-NM-KS-MO) Steers: Medium and Large 1 Current few loads 810 lbs 135.50; several loads 850 lbs 135.63; Jul-Aug several loads 810 lbs 135.50; several loads 875 lbs 140.50; Aug part load 835 lbs 140.00; few loads 925 lbs 136.00. Medium and Large 1-2 Aug few loads 790 lbs 135.50. Heifers: Medium and large 1 Current part load 735 lbs 141.00; few loads 800 lbs 133.00; Jul-Aug part load 735 lbs 133.50; few loads 835 lbs 127.00; Aug several loads 685 lbs 142.50. Northcentral Region (CO-WY-NE-MT-ND-SD-IA) Steers: Medium and Large 1 Current few loads 935 lbs 137.25; 950-1000 lbs (976) 134.63; few loads 1010 lbs 133.00; several loads 1050 lbs 133.88; Jul-Aug several loads 1010 lbs 131.00; Aug 900-950 lbs (923) 138.77; 950-1000 lbs (969) 138.42; 1000-1050 lbs (1008) 132.23; Sep few loads 800 lbs 165.50; few loads 850 lbs 143.50; several loads 900 lbs 141.11; 950-1000 lbs (964) 137.30; few loads 1000 lbs 132.50; Oct 500-550 lbs (530) 160.74; few loads 560 lbs 168.00. Heifers: Medium and large 1 Current few loads 800 lbs 135.50; 850-900 lbs (870) 127.76; 900-950 lbs (933) 129.62; few loads 975 lbs 117.00; Jul-Aug 850- 900 lbs (870) 132.17; several loads 920 lbs 128.50; Aug few loads 850 lbs 131.25; 900-950 lbs (919) 130.85; few loads 950 lbs 128.00; Aug-Sep several loads 955 lbs 132.50; Sep few loads 575 lbs 150.00; few loads 720 lbs 160.00; part load 800 lbs 138.00; few loads 895 lbs 133.00; few loads 920 lbs 131.00; Oct part load 435 lbs 162.00; part load 490 lbs 155.00; few loads 500 lbs 150.00; few loads 575 lbs 140.50; Nov few loads 590 lbs 143.00. SOURCE: USDA Livestock, Poultry and Grain Market News Division, St. Joseph, MO Staff 816-676-7000 StJoe.LGMN@ams.usda.gov www.ams.usda.gov/mnreports/SJ_LS850.txt