Compared to last week: Yearling steers and heifers were too lightly tested this sale to develop an accurate market trend, however higher undertones were noticed. CME positions took a positive bounce this week giving buyers some confidence in the market. Demand was moderate to good. Quality this week was mostly plain to average and significantly lower than last week. Market activity was moderate. Weigh up cows sold on mostly light demand and offerings. Packers showed light demand for cows this week as they bid on mostly blemished or lame cows for immediate harvest. Slaughter cows sold mostly 2.00-7.00 lower. Feeding buyers showed lighter demand for cows as well. Feeding buyers know seasonally heavier supplies are just around the corner and showed very light demand for thin cows as a result.
Compared to last week: Feeder steers 4.00-5.00 higher, over 900 lbs. steady. Feeder heifers 2.00-6.00 higher, over 850 steadies. Steer calves 2.00 lower limited test. Heifer calves 1.00-2.00 lower. Demand good to very good for feeders, moderate for calves. Fill average, few full. Supply included: 100% Feeder Cattle (60% Steers, 3% Dairy Steers, 35% Heifers, 2% Bulls). Feeder cattle supply over 600 lbs was 81%.
Compared to last week: Feeder steers 800-950 lbs sold 3.00 to 4.00 higher. Feeder heifers limited offerings; lower undertone noted. Calves not enough comparable weights for a market test. Demand good to very good, quality average to attractive. Slaughter cows sold steady to 1.00 lower. Not enough bulls for a market test. Supply included: 92% Feeder Cattle (82% Steers, 18% Heifers); 8% Slaughter Cattle (93% Cows, 7% Bulls). Feeder cattle supply over 600 lbs was 98%.
Compared to last week: Feeder steers and heifers sold steady to 3.00 higher. Trade was fairly active on good demand. Slaughter cows and bulls sold 1.00 to 5.00 lower. Supply included: 96% Feeder Cattle (70% Steers, 29% Heifers, 1% Bulls); 4% Slaughter Cattle (80% Cows, 20% Bulls). Feeder cattle supply over 600 lbs was 74%.