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Saturday, May 17, 2008


 

JC_LS757 Jefferson City, MO Wed May 14, 2008 MO Dept of Ag/USDA Market News Macon- Lolli Brothers Livestock Market Feeder Cattle Weighted Average Report for 05/13/2008 Receipts: 1150 Week Ago: 1490 Year Ago: 1493 Compared with the previous auction; feeder steers 3.00-5.00 higher, feeder heifers 1.00-3.00 higher. Slaughter cows 4.00-5.00 higher. Demand seems to improve every week for all cattle at the market with feeder cattle buyers looking down the road at substantially higher fed cattle prices and slaughter cow buyers trying to fill all of the retail hamburger orders. Wet and cool weather continues to keep North Missouri row crop farmers out of the fields as the entire states corn crop was only 34 percent planted as of May 11, which is one of the slowest planting paces in the nation. Demand good and supply moderate. Cows and bulls accounted for 20 percent of the run, and feeders 80 percent. In the feeder supply, steers and bulls made up approximately 66 percent of the run; heifers 34 percent; steers and heifers over 600 lbs totaled around 40 percent. Feeder Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 5 329 329 131.00 131.00 22 353-399 381 130.00-136.00 131.91 39 413-445 438 130.00-132.25 131.52 24 454-476 465 125.00-131.50 126.62 39 506-544 517 120.50-127.50 123.27 3 542 542 118.50 118.50 Fleshy 10 553-569 564 120.50 120.50 4 554 554 117.50 117.50 Fleshy 64 601-617 608 116.00-123.00 121.82 18 638-645 641 108.00-114.50 110.54 Fleshy 10 660-679 675 113.00-115.25 114.81 13 679-695 686 105.50-110.50 108.16 Fleshy 12 717 717 116.60 116.60 Feeder Steers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 3 477 477 123.00 123.00 5 508 508 127.25 127.25 45 738 738 113.35 113.35 Feeder Steers Large 1 Head Wt Range Avg Wt Price Range Avg Price 22 789 789 105.00 105.00 Feeder Steers Medium 1-2 Head Wt Range Avg Wt Price Range Avg Price 5 447 447 110.00 110.00 12 676 676 101.00 101.00 Fleshy Feeder Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 14 368-398 380 113.50-120.00 117.50 37 406-449 432 112.25-115.00 112.76 19 450-455 452 108.25-111.75 110.51 4 460 460 106.00 106.00 Fleshy 18 503-509 506 107.00-113.75 110.22 5 575 575 107.25 107.25 5 653 653 107.25 107.25 Feeder Heifers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 10 478-483 480 104.00-110.00 107.58 50 502-548 514 110.00-115.00 112.59 10 578 578 105.25 105.25 11 583-590 588 103.00-104.25 103.91 Fleshy 9 630-649 641 100.00-106.75 102.95 Feeder Bulls Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 15 681-692 689 101.00-101.25 101.18 5 785 785 93.25 93.25 Slaughter Cows: Percent Lean Avg Dressing Hi Dressing Lo Dressing Breaking 70-80 57.00-62.75 63.00-67.50 51.75-56.50 Boning 80-85 55.00-60.00 60.00-65.75 49.00-55.00 Lean 85-90 44.50-49.00 Slaughter Bulls: Yield Grade 1-2 1250-2200 lbs 63.50-67.25; High Dressing 72.00-74.25; Low Dressing 61.50. Source: MO Dept of Ag-USDA Market News Service, Macon, MO Steve Disselhorst, Market Reporter, 573-751-5618 24 hour recorded report, 573-522-9244 www.ams.usda.gov/mnreports/JC_LS757.txt 0718cdt md .


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