A much lighter offering than two weeks ago so an accurate trend cannot be established, lower undertones noted on both steers and heifers. Moderate to good demand for today's yearling offering featuring mostly packages and a handful of loads. Quality varied, from plain to attractive. Most cattle in moderate to moderate plus flesh with some coming off grass, mostly tested open heifers. A couple of packages of spring calves offered and met with moderate demand. Moderate market activity today with a smaller than normal crowd of buyers. A few cancellations today due to the rain the area received over the weekend into Monday, some places reported over four inches. Next feeder cattle sale is next Wednesday, September 18. Supply included: 100% Feeder Cattle (69% Steers, 30% Heifers, 1% Bulls). Feeder cattle supply over 600 lbs was 97%.
No recent test of market for an accurate comparison a trend will not be given for steers or heifers. Demand was good for all offerings for home raised Sandhills yearlings. Several inches of rain again in the Sandhill’s, and expected more rain this evening. Next Auction Dates: Sept. 25th Special Fall Calf & Yearling Auction Supply included: 100% Feeder Cattle (53% Steers, 47% Heifers). Feeder cattle supply over 600 lbs was 93%.
No comparison to last week, due to no feeder sale. Demand was good to moderate and got stronger as the day went on. The next feeder sale will be in two weeks. Supply included: 100% Feeder Cattle (71% Steers, 29% Heifers). Feeder cattle supply over 600 lbs was 98%.
Compared to last week: Feeder steers sold 1.00-4.00 higher, 9 weight cattle not well tested. Feeder heifers steady to 2.00 higher. Cattle futures turned higher Tuesday and this trend continued into Wednesday. Demand moderate too good for feeder cattle as some optimism has returned. Steer and heifer calf trends not well tested but a sharply lower undertone was noted. Quality plain to average, few attractive. Several thin fleshed cattle included in the mix. Rain is in the forecast this week and farmers busy working ground and getting ready to plant wheat. Supply included: 100% Feeder Cattle (61% Steers, 35% Heifers, 4% Bulls). Feeder cattle supply over 600 lbs was 80%.
Compared to last week: Feeder steers sold mostly steady with limited comparable weights, instances of 7.00 higher on 850-900 lbs steers. Feeder heifers compared to last week's limited receipts, lighter heifers noted a higher undertone, 700-900 lbs sold steady to weak, instances of 1.00 lower. Majority of consignments were thinner cattle off of grass. Calves limited comparable weights; slightly lower undertone noted. Demand good to very good, quality average to attractive. Slaughter cows sold 3.00 to 4.00 lower. Bulls sold mostly steady. Supply included: 94% Feeder Cattle (36% Steers, 64% Heifers, 0% Bulls); 5% Slaughter Cattle (94% Cows, 6% Bulls); 1% Replacement Cattle (83% Bred Cows, 17% Cow-Calf Pairs). Feeder cattle supply over 600 lbs was 93%.
***CLOSE*** Wednesday was customer appreciation day at the St. Joe Stockyards with a very nice offering top quality yearling feeders and calves in the mix. There was not a good comparison on feeders as it has been over a month since the last reported auction with comparable sales, the market had a weak to lower undertone as there has been many challenging market conditions over the last several weeks in the cattle market. CME cattle futures on Wednesday had a big follow through after Tuesday's rally with sharp triple-digit gains giving some optimism to the market. Demand was moderate too good for a nice offering of yearlings and calves as buyers were active to procure feeders. Supply included: 100% Feeder Cattle (63% Steers, 32% Heifers, 5% Bulls). Feeder cattle supply over 600 lbs was 63%.
Compared to the sale two weeks ago, feeder steers under 750 lbs steady with no comparisons available on weights over 750 lbs Feeder heifers under 550 lbs 2.00-3.00 lower, over 550 lbs steady to 3.00 higher. Few slaughter cows 2.00-3.00 lower. Demand moderate to good. Supply moderate. The market has gotten some help from a turnaround in live and feeder futures the past couple of days. It looks like we could have a chance to trade fed cattle at least steady this week after packers have spent the past month continually backing up bids and still finding enough cattle to fill kill schedules. The feeder market may also be benefitting from somewhat hungry buyers after the past few weeks of light receipts. Supply included: 96% Feeder Cattle (66% Steers, 33% Heifers, 0% Bulls); 2% Slaughter Cattle (47% Cows, 53% Bulls); 1% Replacement Cattle (100% Bred Cows). Feeder cattle supply over 600 lbs was 46%.
Compared to one week ago: Slaughter cows and bulls sold 1.00 to 2.00 lower. Replacement cows and pairs sold mostly steady, with some replacement cows that sold up to 2200.00. Feeder classes sold 3.00 to 8.00 lower. Supply included: 78% Feeder Cattle (21% Steers, 33% Heifers, 46% Bulls); 11% Slaughter Cattle (89% Cows, 11% Bulls); 11% Replacement Cattle (4% Stock Cows, 36% Bred Cows, 43% Bred Heifers, 18% Cow-Calf Pairs). Feeder cattle supply over 600 lbs was 27%.