Weekly Market Summary 05/31/19

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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 22 ♦ P.O. Box 630, Jefferson City, MO 65102 ♦ (573) 751-4211 ♦ Friday May 31, 2019 MISSOURI WEEKLY FEEDER CATTLE WEIGHTEDAVERAGE REPORT Receipts: 12,913 Week ago: 29,307 Year ago: 15,098 Steers and Heifers Medium and Large 1—Weighted average weights and prices STEERS: Medium and Large 1 329 lbs. 374 lbs. 425 lbs. 475 lbs.

182.19 181.22 173.58 173.56

523 lbs. 571 lbs. 619 lbs. 669 lbs.

169.12 162.72 158.72 150.97

728 lbs. 769 lbs. 827 lbs. 890 lbs.

144.68 141.54 132.56 136.31

HEIFERS: Medium and Large 1 910 lbs. 135.38 334 lbs. 1021 lbs. 112.50 377 lbs. 426 lbs. 475 lbs.

Missouri Stocker Formula for 05/31/2019 Friday’s Missouri Stocker Formula consists of 2519 head with a weighted average weight of 538.46 lbs. and a price value of 159.12, 5.99 lower than last Friday.

157.69 156.30 152.06 147.34

523 lbs. 571 lbs. 618 lbs. 668 lbs.

143.02 142.49 136.14 135.63

724 lbs. 765 lbs. 828 lbs. 899 lbs.

133.53 122.86 121.00 117.50

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: 5509 Week Ago: 5549 Year Ago: 5130 Compared to last week, feeders uneven from 6.00 lower to 4.00 higher, with the advance early week. Slaughter cows and bulls steady to 3.00 higher. STEERS: Medium and Large 1 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. 2 loads 893 lbs.

168.00-188.00 160.00-182.50 148.00-173.00 136.00-167.00 136.00-148.25 137.50

Holsteins: Large 3 Pkg 557 lbs.

HEIFERS: Medium and Large 1 300-400 lbs. 400-500 lbs. 500-600 lbs. 600-700 lbs. 700-800 lbs. Load 828 lbs.

140.00-165.00 136.00-162.50 134.00-153.00 125.00-143.00 119.00-135.75 121.00

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 52.00-64.00, high dressing 70.00 59.50-70.50, low dressing 46.0055.50. Lean (85-90%) 43.0057.50

SLAUGHTER BULLS: Yield Grade 1-2 960-2440 lbs 76.50-87.50, high dressing 86.0099.00, low dressing 50.00-77.00

REPLACEMENT COWS: Medium and Large 1-2 2-8 yrs 935-1247 lbs 1st to 3rd stage 925.00-1200.00; over 8 yrs 12581420 lbs 3rd stage 850.00-950.00 COW & CALF PAIRS: Medium per head and Large 1-2 2-8 yrs 1025-1300 lbs with 150-300 lbs calves 1100.00-1685.00 per pair

The Weekly Market Summary is available to anyone for a $25.00 annual subscription fee. To subscribe, send your check 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: 1350 Week Ago: 6990 Year ago: 2149 Cow and Bull Receipts: 795 Week ago: 1589 Year ago: 1572 Compared to last week, feeder calves steady. Yearlings not well tested. Slaughter cows steady, few high dressing cows 5.00 to 10.00 higher. Slaughter bulls steady. STEERS: Medium and Large 1 450-500 lbs. 500-600 lbs. 650-700 lbs.

HEIFERS: Medium and Large 1

166.00-177.50 400-500 lbs. 159.00-167.00 500-600 lbs. 139.00-147.00 Pkg 623 lbs.

135.00-154.00 134.00-139.00 124.00

HOLSTEINS: Large 3 Lot 524 lbs.

SLAUGHTER COWS: Breaking and Boning (70-85% lean) 50.0067.50, high dressing 62.00-77.00. 70.00-72.00 Lean (85-90%) 44.00-50.00 SLAUGHTER BULLS: Yield Grade 1-2 845-2305 lbs 70.0086.00; high dressing 87.00-109.00

REPLACEMENT COWS: Medium and Large 1-2 2-8 yrs 900-1365 lbs 1st to 3rd stage 700.00-1200.00 per head

COW & CALF PAIRS: Medium and Large 1-2 2-8 yrs 850-1275 lbs some rebred 2nd stage with baby to 300 lb calves 8850.001300.00; 5-8 yrs 1200-1220 lbs rebred 1st stage with 400 lb calves 1175.00-1550.00 per pair


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