Compared to last week: best test on steers 700 to 750 lbs mostly steady with an instance 3.00 higher, 751 to 1000 lbs 1.00 to 3.00 lower. Best test on heifers 600 to 650 lbs, 700 to 750 lbs, and 800 to 850 lbs mostly steady. Moderate to good demand for today's large offering with best demand seen for light weight cattle which could go to grass. Today's offering included several strings and many, many loads, both home raised and backgrounded cattle, and many of these were heavier, finishing type cattle. Similar flesh condition and quality to last week, from moderate to heavy and average to attractive. Some cattle carrying tag today as some areas saw rain last week and lot conditions have not dried out yet. A moderate market seen for this offering. Increasing grain prices, especially corn, putting some pressure on today's market. Next feeder cattle sale is Wednesday, 21. Supply included: 100% Feeder Cattle (71% Steers, 29% Heifers). Feeder cattle supply over 600 lbs was 93%.
Compared to two weeks ago, steers under 700 lbs sold 10.00 to 12.00 higher, over 700 lbs sold steady to 4.00 higher. Heifers under 650 lbs sold 10.00 to 15.00 higher and over 650 lbs sold 2.00 to 5.00 higher. Demand was good from start to finish with several buyers staying too the end to fill orders. A very large sale for this time of year with a variety of type, condition and quality throughout the day. Flesh scores ranged from thin to fleshy. The sharply higher market was a surprise to many as the cattle boards have fell off this week and corn traded sharply higher on Wednesday. But sale receipts are going to be light in the very near future and orders had to get filled today. Next Wednesday, will be a special calf and feeder auction. Supply included: 94% Feeder Cattle (57% Steers, 43% Heifers, 1% Bulls); 6% Slaughter Cattle (100% Cows); 0% Replacement Cattle (100% Cow-Calf Pairs). Feeder cattle supply over 600 lbs was 79%.
Compared to last week: Feeder steers sold 4.00-7.00 lower. Feeder heifers traded 2.00-5.00 lower, however few trades that were green and good in condition sold with good demand. Quality average to attractive. Demand light. Several days of the CME Feeder and Live Cattle contracts closing lower had buyers very cautious. Steer calves that were long weaned, thin fleshed and suitable for grazing sold steady to 2.00 higher. Heifer calves lightly tested on a weaned basis few 1.00-3.00 lower. Demand mostly moderate to good. New crop or unweaned fleshy calves sold with very limited to light demand. Supply included: 100% Feeder Cattle (62% Steers, 2% Dairy Steers, 34% Heifers, 2% Bulls). Feeder cattle supply over 600 lbs was 81%.
A cool spring day greeted a large crowd for this Wednesday feeder sale. Compared to last week, feeder steers traded steady to 4.00 higher with the most advance on weights over 600 lbs. Feeder heifers traded steady to 3.00 higher. Feeder bulls traded steady to 3.00 higher. In the Holstein steer sale, compared to 3 weeks ago, prices were steady with the exception of 600 lb. - 700 lb. steers that traded 7.00 - 10.00 higher. Supply was moderate with good demand. Supply included: 100% Feeder Cattle (37% Steers, 14% Dairy Steers, 40% Heifers, 8% Bulls). Feeder cattle supply over 600 lbs was 31%.
Compared to last Wednesday, feeder steers steady to 2.00 higher. Feeder heifers steady. Slaughter cows 1.00-2.00 higher. Demand good. Supply moderate. Feeder offering dominated by good quality new crop calves weighing 650 lbs and down. Strong demand despite lower trending feeder futures and a rising corn market that made new contract highs Wednesday. Special cow sale followed the feeders highlighted by several nice pairs off a complete dispersion. Supply included: 77% Feeder Cattle (56% Steers, 41% Heifers, 3% Bulls); 12% Slaughter Cattle (89% Cows, 11% Bulls); 11% Replacement Cattle (39% Bred Cows, 61% Cow-Calf Pairs). Feeder cattle supply over 600 lbs was 27%.