Different weight classes than last week with limited comparisons again this week, best test on heifers 850 to 900 lbs mostly steady, steers not well compared. Good to very good demand for this offering of strings, loads, and packages. As in recent weeks, flesh condition today varied from light to heavy as cattle are coming both off grass and out of feed yards. Mostly average to attractive quality again this week. An active market with many buyers attending the auction today. Wheat harvest in the area continues and is making good progress. Next feeder cattle sale is Wednesday, August 19. Supply included: 100% Feeder Cattle (32% Steers, 68% Heifers). Feeder cattle supply over 600 lbs was 91%.
Compared to last week: Slaughter steers and heifers 3.00 to 4.00 higher, Holstein steers 3.00 to 4.00 lower. Good demand for steers and heifers this week. As the direct trade established at 105.00 packers were needing cattle and willing to pay more to get them bought. The market was fairly active as there were only 4 full loads of steers and 8 full loads of heifers, with the balance smaller packages, which had packers competing harder than they have in recent weeks to get their needs secured. The rising Aug Live Cattle contract is greatly helping the fed cattle market as well. Slaughter cows and bulls steady with Monday’s sale.
Compared to last week light weight fall calves sold 3.00 to 5.00 higher. Yearling feeders sold steady to 4.00 higher. Demand was good for all offerings with a large crowd of buyers in attendance. Most lots of cattle some off of summer grass. Next special sale will be August 26. Supply included: 91% Feeder Cattle (57% Steers, 43% Heifers); 9% Slaughter Cattle (100% Cows). Feeder cattle supply over 600 lbs was 97%.
Compared to last week: Feeder steers sold unevenly steady; feeder heifers traded 2.00-4.00 higher. Demand moderate to good. Several large drafts of cattle coming off grass on offer today. Fat cattle cash trade of $105.00 live has buyers in an optimistic mood. All classes of steer and heifer calves sold 2.00-4.00 higher on limited offerings. Demand good. Quality plain to average. Supply included: 100% Feeder Cattle (58% Steers, 41% Heifers, 1% Bulls). Feeder cattle supply over 600 lbs was 85%.
Compared to last week: Steer calves under 600 lbs. steady to 2.00 higher except 450-500 lbs. 10.00 higher and 550-600 lbs. 9.00 higher though quality more attractive. Feeders over 600 lbs. 2.00-5.00 higher, the most advance on 800-850 lbs. Heifer calves and feeders 2.00-4.00 higher except 500-550 lbs. and 650-700 lbs. 7.00 higher, though quality more attractive. Slaughter cows 10.00 lower with cows going back to feed a good part of the offerings, bulls 3.00 lower. Trade active, demand good. Supply included: 80% Feeder Cattle (60% Steers, 40% Heifers, 0% Bulls); 10% Slaughter Cattle (79% Cows, 21% Bulls); 10% Replacement Cattle (38% Bred Cows, 62% Cow-Calf Pairs). Feeder cattle supply over 600 lbs was 32%.
Compared to last week, steer and heifer calves steady, yearlings steady, except steers over 800 lbs had few comparisons, undertone higher. No recent test of Holsteins for a price comparison. Demand moderate to good, supply moderate. Live Cattle and Feeder Cattle futures closed with positive gains and Slaughter steers and heifers trading several dollars higher than a week ago. Supply included: 100% Feeder Cattle (39% Steers, 10% Dairy Steers, 42% Heifers, 9% Bulls). Feeder cattle supply over 600 lbs was 51%.
No price trend was established on feeders with the best test seen on 500-600 lb heifers which sold with a higher undertone. Slaughter cows 2.00-3.00 lower. Supply light. Demand good. Just a few packages of steers over 550 lbs this week, several of which were carrying some hair. The cattle market is continuing its advance on both the feds and feeders with feedlot trade at 104.00-105.00/cwt Wednesday, 4.00 higher than last week. Supply included: 89% Feeder Cattle (32% Steers, 63% Heifers, 5% Bulls); 8% Slaughter Cattle (89% Cows, 11% Bulls); 3% Replacement Cattle (20% Stock Cows, 40% Bred Cows, 40% Cow-Calf Pairs). Feeder cattle supply over 600 lbs was 54%.