Weekly Market Summary 05/24/19

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Weekly Market Summary Published by: Missouri Department of Agriculture Ag Business Development Division Market News Program

Chris Chinn, Director Davin Althoff, Division Director Tony Hancock, Editor agmarketnews.mo.gov http://www.ams.usda.gov/marketnews.htm

Michael L. Parson, Governor Volume XXXVIIII, Number 21 ♦ P.O. Box 630, Jefferson City, MO 65102 ♦ (573) 751-4211 ♦ Friday May 24, 2019 MISSOURI WEEKLY FEEDER CATTLE WEIGHTEDAVERAGE REPORT Receipts: 29,307 Week ago: 21,256 Year ago: 31,720 Steers and Heifers Medium and Large 1—Weighted average weights and prices STEERS: Medium and Large 1 325 lbs. 373 lbs. 431 lbs. 477 lbs.

189.25 182.17 179.67 174.73

527 lbs. 570 lbs. 617 lbs. 671 lbs.

169.76 167.35 164.44 154.66

715 lbs. 765 lbs. 839 lbs. 941 lbs.

160.39 141.63 139.14 123.44

HEIFERS: Medium and Large 1 1058 lbs. 114.55

Missouri Stocker Formula for 05/24/2019 Friday’s Missouri Stocker Formula consists of 6017 head with a weighted average weight of 541.98 lbs. and a price value of 165.11, 0.43 higher than last Friday.

329 lbs. 378 lbs. 424 lbs. 477 lbs.

156.33 155.48 151.62 147.38

520 lbs. 573 lbs. 626 lbs. 670 lbs.

148.06 143.94 141.60 134.54

727 lbs. 770 lbs. 823 lbs. 874 lbs.

141.25 120.19 121.63 114.49

911 lbs. 104.50 953 lbs. 115.00

Historical Feeder Steers Medium and Large 1 500-600 lbs. Weighted Average

This a rolling seven day calculated weighted value which combines all Feeder Steers reported by MDA/USDA Market News Service weighing from 400-649 lbs. in the Medium and Large 1 and Medium and Large 1-2 frame and muscle classifications, including all comment cattle except Brahman X. SOUTH CENTRAL MISSOURI WEEKLY SUMMARY (West Plains, Ava) Receipts: 5549 Week Ago: 4709 Year Ago: 7072 Compared to last week, steer and heifer calves 3.00 to 8.00 higher early week, yearlings not well tested, undertones higher. Late week, feeders steady to weak on a limited test. Slaughter cows and bulls steady to 2.00 lower. STEERS: HEIFERS: Medium and Large 1 Medium and Large 1 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs.

183.00-190.00 165.00-189.00 150.00-175.00 145.00-169.00 138.00-149.00

Holsteins: Large 3 Scarce

300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 756 lbs.

152.50-166.00 139.00-155.00 138.00-156.00 125.00-139.00 119.50

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 50.50-61.00, high dressing Scarce 60.00-68.00, low dressing 44.0055.50. Lean (85-90%) 42.0053.50

SLAUGHTER BULLS: Yield Grade 1-2 1015-2580 lbs 75.50-87.50, high dressing 86.00100.00, low dressing 55.00-76.00 COW & CALF PAIRS: Medium and Large 1 5-8 yrs 1189 lbs with 150-300 lb calves 1750.00 per pair

REPLACEMENT COWS: Medium and Large 1-2 2-8 yrs 995-1590 lbs 2nd to 3rd stage 925.00-1275.00, 1st stage 900.00 -950.00 per head

The Weekly Market Summary is available to anyone for a $25.00 annual subscription fee. To subscribe, send your check or money order to: Weekly Market Summary, Missouri Department of Agriculture, P.O. Box 630, Jefferson City, MO 65102.

*Graph is updated the first Friday of each month.

SOUTHWEST MISSOURI WEEKLY SUMMARY (Joplin and Springfield) Feeder Cattle Receipts: 6990 Week Ago: 5199 Year ago: 8397 Cow and Bull Receipts: 1589 Week ago: 2457 Year ago: 2823 Compared to last week, steer and heifer calves 2.00 to 6.00 lower, yearlings 2.00 to 3.00 lower. Slaughter cows steady to 3.00 higher. Slaughter bulls steady to 4.00 lower. STEERS: Medium and Large 1 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 1059 lbs.

172.00-185.00 163.00-188.00 154.50-180.00 142.00-166.00 138.00-153.00 114.00

HOLSTEINS: Large 3 300-400 lbs. 400-450 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs.

75.00-83.50 80.00-85.00 75.00-85.00 75.00-80.00 62.00-82.00

REPLACEMENT COWS: Medium and Large 1 2-8 yrs 1162-1342 lbs 2nd to 3rd stage 1075.00-1450.00. Medium and Large 1-2 2-8 yrs 9451601 lbs 2nd to 3rd stage 650.001200.00, 1st stage 700.00-950.00 per head

HEIFERS: Medium and Large 1 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 800-900 lbs.

147.00-166.00 140.50-153.00 127.00-147.00 127.00-144.00 119.50-125.00 113.00-117.00

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 50.0062.00, high dressing 57.00-69.00. Lean (85-90%) 41.00-55.00 SLAUGHTER BULLS: Yield Grade 1-2 910-2330 lbs 73.0088.00; high dressing 84.50104.00; low dressing 60.00-74.00 COW & CALF PAIRS: Medium and Large 1-2 2-8 yrs 900-1585 lbs with baby to 350 lb calves 1025.00-1850.00 per pair


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