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Thursday, January 08, 2009
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<![CDATA[JC_LS132
Jefferson City, MO Wed Jan 07, 2009 MO Dept of Ag/USDA Market News
Boonville-Farmers Livestock Auction
Cattle Auction Report for 01/06/2009
Receipts: 1014 Week Ago: 801 Year Ago: 2379
Compared to last week, feeder steers and heifers sold 3.00 to 8.00 higher,
with spots of 9.00 higher on cattle weighing 600-700 lbs. Slaughter cows 3.00 to
4.00 lower. The new year has brought some optimism to the feeder market with
cattle futures and feedlot trade both looking better than a month ago.
Encouraging signs have been hard to come by the past several weeks and most
cattlemen were more than happy to tuck 2008 into the history books. A year of
record highs and extreme lows left producers wondering what would happen next .
If the mood at the local barn this week is any indication, ?cautiously
optimistic? would be a good description for the start for 2009. Several new
faces were in the crowd this week, some doing a little buying or selling and
others just watching, perhaps curious to see what this market would do after the
past few weeks of holiday shortened trade. With buyers remaining aggressive
throughout the afternoon most classes and weights of cattle sold in narrow price
spreads. This week?s supply consisted of mostly small and midsized pkgs and lots
weighing over 550 lbs. Supply moderate, demand good. Cows and bulls accounted
for near 20 percent of the total offering. The feeder supply consisted of 54
percent steers and bulls and 46 percent heifers; 56 percent of all the feeders
weighed over 600 lbs.
Feeder Steers: Medium and Large 1 400-500 lbs 106.00-110.25; 500-600 lbs
101.00-107.00; 600-700 lbs 99.00-105.00; 700-800 lbs 93.25-96.75; 800-900 lbs
93.00-95.00. Medium and Large 1-2 pkg 473 lbs 96.00; 500-600 lbs 97.50-101.25;
600-700 lbs 94.00-98.00, pkg 695 lbs fleshy 89.00; 700-800 lbs 90.00-94.00; pkg
952 lbs 82.35. Medium and Large 2 pkg 715 lbs 87.00. Large 1 pkg 590 lbs
97.50.
Feeder Holstein Steers: Large 3 pkg 709 lbs 55.00.
Feeder Heifers: Medium and Large 1 pkg 381 lbs 102.50; 400-500 lbs 90.00-
96.00; 500-600 lbs 84.50-91.50; 600-700 lbs 87.85-91.50; 700-800 lbs 85.50-
89.50; pkg 831 lbs 85.50. Medium and Large 1-2 pkg 399 lbs 89.50; 400-500 lbs
88.00-91.75; 500-600 lbs 83.00-86.50; 600-700 lbs 86.00-88.50; pkg 882 lbs
76.00. Large 1 pkg 685 lbs 87.00.
Feeder Bulls: Medium and Large 1-2 400-500 lbs 100.00-113.0; pkg 538 lbs
97.50; pkg 659 lbs 87.25; pkg 746 lbs 82.75.
Slaughter Cows:
Percent Lean Av. Dressing Hi Dressing Low Dressing
Breaking 70-80 40.25-44.00 ----------- ind. 38.50
Boning 80-85 39.50-44.50 ----------- -----------
Lean 85-90 34.00-37.50 ----------- -----------
Slaughter Bulls: Yield Grade 1-2 1515-1765 lbs 55.50-58.50, high dressing
ind. 61.50.
Source: MO Dept of Ag/USDA Market News Service
Tracey Switzer, Market Reporter, (573) 751-5618
24 Hour Market Report 1-573-522-9244
www.ams.usda.gov/mnreports/JC_LS132.txt
0659cst md
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