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Daily Market Summary for January 14th
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Daily Market Summary for January 14th
Slaughter Cattle:
As of 3:00 PM Thursday, negotiated cash trading has been limited on light demand in the Southern Plains, Nebraska, and the Western Cornbelt, and at a standstill in Colorado. Not enough purchases in any region for a full market trend. The last reported market in the Southern Plains was on Wednesday with live purchases from 110.00-111.00 in the Texas Panhandle and from 109.00-111.00 in Kansas. In Nebraska on Tuesday, live purchases traded from 109.00-110.00 and dressed purchases traded at 172.00 on Wednesday. In Colorado, the last reported market was on Wednesday with live purchases at 109.00. The last reported market in the Western Cornbelt was on Tuesday with live purchases from 108.00-109.00 and dressed purchases from 173.00-174.00.
Negotiated Sales:
Confirmed: 5,877
Week Ago: 9,148
Year Ago: 360
Formula Net
Dressed Steers & Heifers:
Head count priced today: 18,200
Weighted avg. weight: 910 lbs.
Weighted avg. net price: 180.02
Cattle Slaughter under Federal Inspection:
Thursday (est) 120,000
Week ago (est) 119,000
Year ago (act) 123,000
Week to Date 469,000
Same Period Last Week 466,000
Same Period Last Year 493,000
Previous Day (est)
Steers & Heifers: 92,000
Cows & Bulls: 26,000
Boxed Beef:
Cutout Values:
Choice: 213.37… +2.37
Select: 201.07… +2.01
Choice/Select Spread: 12.30
Total Load Count: 137
Cutter Cow Cutout:
177.09… +0.58
CME Feeder Cattle Index for January 13th:
135.49… -0.56
Futures Settlements…
Live Cattle:
February: 112.07… -0.18
April: 117.22… -0.25
June: 114.95… -0.15
Feeder Cattle:
January: 132.60… -0.97
March: 133.37… -0.95
April: 136.00… -0.75
February Hogs: 66.30… -0.55
January Crude Oil: 53.57… +0.66
March Corn: 5.3425… +0.0975
March Wheat: 6.7000… +0.0950
Grain Cash Bids:
Kansas City Corn: 5.27… +0.09
Kansas City Wheat: 6.07… +0.11
Financial Markets:
DJIA: 30,991.52… -68.95
S & P 500: 3,795.54… -14.30
NASDAQ: 13,112.64… -16.31
U.S. Dollar Index: 90.18… -0.18
Wednesday Auction Reports...
OKC West - El Reno OK
This Week Last Reported Last Year
Total Receipts: 11,485 8,428 9,493
Compared to last week: Feeder steers weighing under 850 lbs traded 3.00-6.00 lower, over 850 lbs 7.00-9.00 lower. Feeder heifers sold 4.00-7.00 lower. Demand light to moderate. Lower fat cattle trade early in the week and corn continuing rise has feed yards weary. Steer calves traded 1.00-4.00 higher. Heifer calves sold 5.00-7.00 higher with exception of calves over 500 lbs mostly steady to 3.00 higher. Demand good. Supply included: 100% Feeder Cattle (50% Steers, 18% Dairy Steers, 30% Heifers, 2% Bulls). Feeder cattle supply over 600 lbs was 67%.
Springfield Livestock Auction - Springfield MO
This Week Last Reported Last Year
Total Receipts: 2,231 3,786 1,356
Compared to last week, steers under 400 lbs. traded up to 3.00 higher while heavier weights traded 3.00 - 8.00 lower. Heifers traded steady to 3.00 lower. Supply and demand was moderate. Supply included: 100% Feeder Cattle (50% Steers, 5% Dairy Steers, 40% Heifers, 6% Bulls). Feeder cattle supply over 600 lbs was 48%.
Arcadia Livestock Auction - Arcadia FL
This Week Last Reported Last Year
Total Receipts: 1,844 978 1,641
Compared to one week ago: Slaughter cows and bulls 1.00 to 2.00 lower. Feeder steers, bulls, and heifers steady to 2.00 higher. Supply included: 81% Feeder Cattle (51% Steers, 49% Heifers); 19% Slaughter Cattle (70% Cows, 30% Bulls). Feeder cattle supply over 600 lbs was 0%.
Russell Co. Stockyard - Russell Springs KY
This Week Last Reported Last Year
Total Receipts: 1,005 1,447 836
Compared to last week: Feeder steers --steady and Feeder heifers --Steady to 1.00 lower. Slaughter cows 1.00 lower and bulls 2.00 lower. Today’s receipts --1005 hd. Supply included: 90% Feeder Cattle (51% Steers, 39% Heifers, 9% Bulls); 9% Slaughter Cattle (94% Cows, 6% Bulls); 1% Replacement Cattle (100% Bred Cows). Feeder cattle supply over 600 lbs was 48%. Groups of 20 or more: Feeder steers ---28 hd--578 lbs--139.25--blk------75 hd--706 lbs--131.10 --blk---------------Feeder heifers---71 hd—786 lbs--118.10—blk
Roanoke Stockyard - Roanoke AL
This Week Last Reported Last Year
Total Receipts: 1,135 898 868
Compared to one week ago: Feeder steers and bulls sold unevenly steady; feeder heifers sold 3.00 to 5.00 higher on light demand. Slaughter cows sold 1.00 to 4.00 lower, slaughter bulls sold 3.00 to 5.00 lower. Replacement cattle sold unevenly steady on light demand. Supply included: 70% Feeder Cattle (48% Steers, 41% Heifers, 10% Bulls); 19% Slaughter Cattle (92% Cows, 8% Bulls); 11% Replacement Cattle (46% Bred Cows, 54% Cow-Calf Pairs). Feeder cattle supply over 600 lbs was 50%.
Northeast Georgia Livestock - Athens GA
This Week Last Reported Last Year
Total Receipts: 560 693 311
Compared to week prior, slaughter cows steady to 3.00 lower, slaughter bulls steady to 4.00 lower. Feeder supply mostly steady, replacement cattle lightly tested. Supply included: 81% Feeder Cattle (8% Steers, 49% Heifers, 43% Bulls); 15% Slaughter Cattle (85% Cows, 15% Bulls); 4% Replacement Cattle (100% Bred Cows). Feeder cattle supply over 600 lbs was 24%.
North Arkansas Livestock - GreenForest, AR
This Week Last Reported
Total Receipts: 2,237 941
Compared to last week: The better steers under 700 lbs 5.00-10.00 higher and the plainer kind and bulls 1.00-5.00 higher. The better heifers under 600 lbs 2.00-5.00 higher 600-700 lbs and plainer kind steady to 2.00 higher. Most of the offering was weaned cattle with some of them being Value Added with two rounds of shots. Cows and bulls not reported due to time limits. Supply included: 92% Feeder Cattle (55% Steers, 40% Heifers, 4% Bulls); 6% Slaughter Cattle (100% Cows); 2% Replacement Cattle (100% Cow-Calf Pairs). Feeder cattle supply over 600 lbs was 37%.
Stanly County Livestock Exchange - Norwood, NC
This Week Last Reported Last Year
Total Receipts: 502 425 648
Compared to last week, slaughter cows were 2.00 to 4.00 higher, while bulls were steady to 1.00 lower. Feeder cattle were lightly tested; steers were mostly steady to 3.00 higher, bulls 1.00 to 4.00 higher, while heifers were mostly steady to 2.00 lower. Demand was moderate; market activity and buyer interest were moderate. Offerings of cattle were fairly light. Cattle quality was average. Supply included: 75% Feeder Cattle (22% Steers, 46% Heifers, 32% Bulls); 20% Slaughter Cattle (83% Cows, 17% Bulls); 5% Replacement Cattle (5% Stock Cows, 79% Bred Cows, 16% Cow-Calf Pairs). Feeder cattle supply over 600 lbs was 28%.
Hub City Livestock Auction - Aberdeen, SD
This Week Last Reported Last Year
Total Receipts: 4,790 2,950 3,893
Compared to Saturday: steers 550 to 650 lbs mostly steady with instances up to 2.00 higher on 550 to 600 lbs, 651 to 750 lbs 1.00 to 3.00 lower, 751 to 850 lbs mostly steady. Heifers 550 to 700 lbs steady to 2.00 lower except 600 to 650 lbs mostly steady. Good demand seen for today's large calf offering featuring many packages and loads with best demand seen for light weight, green calves which have a few more options, including grass. Flesh varied again today, from light to heavy. Quality varied more than on Saturday, mostly average to attractive. An active market with both buyers and farmer feeders in the seats today. Temperatures continue to be much warmer than normal for this time of year and very high winds and some mixed precipitation predicted for tomorrow which could complicate travel. Next feeder cattle sale is Wednesday, January 20. Supply included: 100% Feeder Cattle (70% Steers, 30% Heifers). Feeder cattle supply over 600 lbs was 65%.
Southern Oklahoma Livestock Auction Feeder Cattle- Ada, OK
This Week Last Reported Last Year
Total Receipts: 2,900 2,364 2,981
Compared to last week: Steers under 600 pounds sold mostly 2.00 to 5.00 higher, over 600 pounds sold 2.00 to 6.00 lower. Heifers sold mostly steady to 4.00 lower with instances up to 8.00 lower for heifers over 650 pounds. Demand good to very good. Quality good. Corn prices continue to rise lowering the demand for feeder cattle. Supply included: 100% Feeder Cattle (48% Steers, 42% Heifers, 10% Bulls). Feeder cattle supply over 600 lbs was 31%.
Winter Livestock - Dodge City, KS
This Week Last Reported Last Year
Total Receipts: 4,553 6,498 4,353
Compared to last week, feeder steers 400 lb to 950 lb sold 2.00 to 6.00 lower. Heifer calves 400 lb to 500 lb sold 1.00 to 2.00 higher. Feeder heifers 500 lb to 950 lb sold 3.00 to 7.00 lower. Demand was good. Slaughter cows sold steady. Slaughter bulls sold 1.00 to 2.00 lower. Supply included: 94% Feeder Cattle (54% Steers, 46% Heifers, 0% Bulls); 5% Slaughter Cattle (90% Cows, 10% Bulls); 0% Replacement Cattle (60% Bred Cows, 40% Bred Heifers). Feeder cattle supply over 600 lbs was 64%.
Farmington Regional Stockyards - Farmington, MO
This Week Last Reported Last Year
Total Receipts: 772 1,472 1,027
Compared to last week, steers and heifers under 600 lbs sold 1.00-4.00 higher, the 600-800 lbs offering sold 5.00-8.00 lower. Slaughter cows and bulls sold steady; Demand uneven and supply moderate. Supply included: 84% Feeder Cattle (42% Steers, 44% Heifers, 14% Bulls); 14% Slaughter Cattle (89% Cows, 11% Bulls); 3% Replacement Cattle (90% Bred Cows, 10% Cow-Calf Pairs). Feeder cattle supply over 600 lbs was 48%.
Huss Livestock Market - Kearney NE
This Week Last Reported Last Year
Total Receipts: 5,803 5,513 5,507
Compared to last week steers sold 3.00-6.00 lower and heifers sold 1.00-5.00 lower. Demand was moderate to good from the buyers in the crowd. Supply included: 100% Feeder Cattle (57% Steers, 43% Heifers). Feeder cattle supply over 600 lbs was 85%.
Bassett Livestock Auction - Bassett NE
This Week Last Reported Last Year
Total Receipts: 3,780 4,730 5,570
Compared with last week 500 to 700 lbs steers traded steady to 12.00 lower heifer offerings traded unevenly steady. Demand was good with several buyers and an active internet bidding. Next Auction Dates for Jan 20th and 27th Supply included: 100% Feeder Cattle (58% Steers, 42% Heifers). Feeder cattle supply over 600 lbs was 60%.
Lucedale Livestock Auction - Lucedale MS
This Week Last Reported Last Year
Total Receipts: 457 792 757
Compared to last week’s sale: Feeder steers and heifers sold steady, and slaughter cows and bulls sold steady. Grouped weaned feeder cattle are listed as M&L 1&2 Value Added. Supply included: 70% Feeder Cattle (60% Steers, 40% Heifers); 5% Slaughter Cattle (73% Cows, 27% Bulls); 25% Replacement Cattle (24% Stock Cows, 59% Bred Cows, 17% Cow-Calf Pairs). Feeder cattle supply over 600 lbs was 100%.
South Central Regional Stockyards - Vienna MO
This Week Last Reported Last Year
Total Receipts: 2,218 1,567 327
Compared to last Wednesday, feeder steers and heifers 2.00-5.00 lower. Slaughter cows steady to 2.00 lower. Demand moderate. Supply heavy. Lots of high-quality cattle this week weighing mostly 500-750 lbs. Feed costs will likely continue to be hard on the value of feeder cattle for a good while with March corn closing Wednesday at 5.24/bu. Fed cattle are trading 1.00-2.00 lower this week although we are starting to see some traction in beef cutout values. Supply included: 96% Feeder Cattle (55% Steers, 43% Heifers, 1% Bulls); 3% Slaughter Cattle (89% Cows, 11% Bulls); 1% Replacement Cattle (100% Bred Cows). Feeder cattle supply over 600 lbs was 45%.
Blue Grass Stockyards - Albany KY
This Week Last Reported Last Year
Total Receipts: 1,061 1,788 879
Compared to last week: Steers and heifers mostly steady. Good supply with good demand. Slaughter cow and bulls 2.00 lower, with weak demand. Supply included: 93% Feeder Cattle (47% Steers, 42% Heifers, 11% Bulls); 7% Slaughter Cattle (79% Cows, 21% Bulls); 1% Replacement Cattle (100% Bred Cows). Feeder cattle supply over 600 lbs was 45%.
Public Auction Yards Livestock Cattle Auction - Billings, MT
This Week Last Reported Last Year
Total Receipts: 1,306 1,278 369
Compared to last week: Yearling steers were scarcely tested. Yearling heifers sold with lower undertones in a narrow comparison. Weaned calves were too lightly tested to develop an accurate market trend; however lower undertones were noticed on both steers and heifers. Cattle were of mostly plain to average quality today and offered in mostly small packages. Demand was mostly light, with the exception of a few offerings suitable to go to grass which sold on moderate demand. Not enough cattle were on offer for buyers to start loads. Most cattle were weaned this sale. CME feeder cattle positions continue to struggle as corn and bean prices surge. Demand for feeder cattle has been hampered by sharply higher feed costs. Market activity was slow to moderate. Weigh up cows sold on mostly light to moderate demand for moderate offerings.
Bloomfield Livestock Feeder Cattle - Bloomfield IA
This Week Last Reported Last Year
Total Receipts: 1,984 2,726 1,442
Special Calf & Yearling sale. Compared to last week steers 500-700 pounds were steady to mostly 2.00 lower, heifers 500-700 pounds were mostly 5.00 lower. Several lot loads today. Demand good for the moderate offerings. Trading active Supply included: 100% Feeder Cattle (54% Steers, 45% Heifers, 0% Bulls). Feeder cattle supply over 600 lbs was 77%.
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Although all information is from sources believed to be accurate & timely, The Cattle Range expressly disclaims all warranties, expressed or implied, as to the accuracy of any of the contents provided and shall not be liable for decisions or actions taken based on the data, information, and opinions contained within.
