Agricultural News
Coronavirus Fears Send Cattle Prices Lower at Joplin Regional Stockyards on Monday
Tue, 25 Feb 2020 05:51:46 CST
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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