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 Friday, July 25, 2008
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GL_LS165
Greeley, CO Fri Jul 18, 2008 USDA-CO Dept of Ag Market New
CO Direct Feeder Cattle Weighted Avg
Feeder Cattle Weighted Average Report for 07/18/2008
Receipts: 8195 Last Week: 2055 Last Year: 9360
Compared to last week: Market activity was active on good demand as
feedlots began filling pens after several months of reduced supplies. In
addition, many producers were willing the sell at the firmer prices,
especially with their pasture conditions continuing to decline due to the
lack of much needed rains. Feeder steers weighing in the 850 to 900 pounds
weight range were the only comparable weights to last week and they sold
mostly 3.00 to 5.00 higher. This week 96 percent of the feeder supply
weighed over 600 lbs. Feeder supply consisted of 79 percent steers and 21
percent heifers. Unless otherwise stated prices are FOB with a 2-3 percent
shrink or equivalent and with a 5-10 cent slide on calves and 3-6 cent slide
on yearlings from base weight.
Feeder Steers: Medium and Large 1 For current delivery FOB Prices - 800-
875 lbs 107.00-110.00, 925 lbs 109.00; Del Prices ? 725-765 lbs 110.00-
112.50, 875 lbs 114.00. For August FOB Prices ? 850-875 lbs 108.00-109.00,
925 lbs 108.75-109.00. For October FOB Prices ? 550 lbs 111.50, 600-670 lbs
calves 108.00-113.00. For November FOB Prices ? 625 lbs calves 111.25.
Feeder Heifers: Medium and Large 1 For current delivery FOB Prices ? 820-
825 lbs 101.00-105.50; Del Prices 760 lbs 107.00, 855 lbs 106.00. For August
FOB Prices ? 825 lbs 104.50-105.50. For October FOB Prices 550-580 lbs
103.50-104.25.
Medium and Large 1-2 For current delivery FOB Prices ? 740 lbs 104.00.
Feeder Steers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price Delivery
240 800 800 110.00 110.00 Current FOB
585 875 875 107.00-110.00 108.93 Current FOB
395 925 925 109.00 109.00 Current FOB
420 725 725 112.00-112.50 112.33 Current Del
50 765 765 110.00 110.00 Current Del
1995 875 875 114.00 114.00 Current Del
310 850-875 861 108.00-109.00 108.44 Aug FOB
2060 925 925 108.75-109.00 108.82 Aug FOB
45 550 550 111.50 111.50 Oct FOB
260 600-630 609 108.00-113.00 111.30 Oct FOB Calves
70 675 675 108.50 108.50 Oct FOB Calves
80 625 625 111.25 111.25 Nov FOB Calves
Feeder Heifers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price Delivery
485 820-825 824 101.00-105.50 104.52 Current FOB
75 760 760 107.00 107.00 Current Del
70 855 855 106.00 106.00 Current Del
850 825 825 104.50-105.50 105.11 Aug FOB
85 550-580 564 103.50-104.25 103.86 Oct FOB
Feeder Heifers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price Delivery
120 740 740 104.00 104.00 Current Del
Source: USDA-CO Dept of Ag Market News, Greeley, CO
Jodie Pitcock Market News Reporters
970-353-9750/Broadcasts 970-353-8031
http://www.ams.usda.gov/mnreports/GL_LS165.txt
1000M jp
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