Friday, May 19th, 2017

MARKET REPORT

Friday, May 19th, 2017

“SPECIAL ALL BEEF NEW CROP CALF/YEARLING FEEDER CATTLE SALE”

SALE SUMMARY: Total Headcount: 1,499 Beef Feeders

 

UPCOMING FEEDER CATTLE SALES

FRIDAY, May 26th – “SPECIAL ALL HOLSTEIN & DAIRY CROSS FEEDER CATTLE SALE”

FRIDAY, June 9th: “COMBINATION SALE: BEEF/HOLSTEIN FEEDER SALE”

FRIDAY, June 23rd: “COMBINATION SALE: BEEF/HOLSTEIN FEEDER SALE”

****SPECIAL NOTE****

In the June through August months, our feeder sales will be every 2nd and 4th Friday of the month, which will all be Beef/Holstein Combination Sales during that time

 

Here Friday, we had another really nice run of Beef Feeder cattle, on a market that was steady essentially amongst all weight classes of cattle.  Now, by calling the market steady, it may appear to be a touch weaker compared to the previous “All Beef Sale”, however the last Beef Feeder Sale Market was on fire, plus a little more.  So, in comparison, the market as a whole was steady; the volume of lighter weight cattle is decreasing as we approach summer, as we had a limited test amongst both steers and heifers in the lighter weight feeder numbers Friday.  Both a continued weaker dollar as well as exports into China, are two primary factors that will really help keep this market stabil, with the opportunity of growth heading into the summer months. Getting our beef onto the tables of foreign families is one of the many factors to make a huge step in sustaining the longevity of our beef market.  Exporting our beef into countries, such as China is vital for the US.   We extend a big thank you to all you producers, buyers, etc for all your business, hard work, and dedication to the livestock/agricultural industry.  Here’s the market report from Friday’s sale.

Fancy Green Beef Steers

300-375# ~ $190- $205 (Limited Test)

400-450# ~ $185- $195

451-500# ~ $180- $191

501-575# ~ $180- $191

600-650# ~ $170- $180

651-700# ~ $165- $176

701-750# ~ $155- $165

751-800# ~ $150- $161

825-900# ~ $140- $154

Improperly Handled/ Excessively Fleshy /Lower Quality Steers Less

 

Fancy Green Beef Heifers

300-350# ~ $185- $202 (Limited Test)

375-425# ~ $160- $175 (Limited Test)

450-500# ~ $155- $165

501-550# ~ $150- $161

551-600# ~ $140- $153

601-650# ~ $140- $150

651-700# ~ $135- $148

725-800# ~ $130- $140

Improperly Handled/ Excessively Fleshy /Lower Quality Steers Less