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Agricultural News


Coronavirus Fears Send Cattle Prices Lower at Joplin Regional Stockyards on Monday

Tue, 25 Feb 2020 05:51:46 CST

Coronavirus Fears Send Cattle Prices Lower at Joplin Regional Stockyards on Monday    

AUCTION
This Week          8,701
Last Reported     6,882
Last Year             6,873

***CLOSE***
Compared to last week, steers and heifers under 600 lbs 2.00 to 6.00 lower, over 600 lbs 5.00 to 7.00 lower, 900 weight steers 7.00 to 10.00 lower. Demand moderate, supply heavy. The uncertainty and unknown with the Coronavirus has shaken commodity and financial markets. Feeder Cattle futures closed limited down. The USDA Cattle On Feed report was neutral with 102% On Feed, 99% Placements, and 101% Marketed. Supply included: 100% Feeder Cattle (60% Steers, 0% Dairy Steers, 38% Heifers, 2% Bulls). Feeder cattle supply over 600 lbs was 53%.

FEEDER CATTLE
STEERS - Medium and Large 1 (Per Cwt / Actual Wt)
Head       Wt Range     Avg Wt        Price Range        Avg Price
11              255               255              180.00               180.00
6                273               273              190.00               190.00 Thin Fleshed

8               312               312               204.00                204.00
17             320               320               187.50                187.50 Unweaned
58          352-396           382         180.00-192.00         186.48
15          369-381           372         175.00-180.00         176.36 Unweaned

63         410-443            422          180.00-200.00         191.74
164       451-498            473          170.00-191.00         181.72

280      501-548             526          161.00-184.00         174.21
317      552-598             576          150.00-177.50         163.71

269      600-638             620          142.00-162.00         150.70
12        602-634             618          141.00-143.00         141.97 Unweaned
370      654-695             674          136.00-150.50         142.31

217      706-749            731           134.00-145.00         138.37
97        753-789            767           133.00-142.75         135.74
7             769                769                 127.00               127.00 Unweaned

346      803-848            822           127.00-139.00        133.02
166      855-887            859           127.00-130.25        129.55

87        900-931            912            119.00-128.00       125.04
22           983                983                  119.00              119.00

For the complete report from USDA Market News click on the PDF link below:



00222_JoplinFinal02252020.pdf
   

 

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