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Cattle Sharply Higher at Joplin Regional Stockyards on Monday

Tue, 24 Mar 2020 05:32:46 CDT

Cattle Sharply Higher at Joplin Regional Stockyards on Monday    

AUCTION

This Week            1,795
Last Reported     1,724
Last Year              7,087

***MID-SESSION/CLOSE***
Compared to a light test last week, steers under 700 lbs 15.00 to 25.00 higher, heifers under 700 lbs 10.00 to 15.00 higher, steers and heifers over 700 lbs not well tested last week for a good price comparison, undertone sharply higher. Demand very good, supply light. The recent USDA Cattle On Feed showed 100 percent On Feed, Placements 92 percent, Marketing 105 percent. Live Cattle and Feeder Cattle closed up the limit. Consumer demand pushing Box Beef close to it's high. Supply included: 100% Feeder Cattle (62% Steers, 37% Heifers, 1% Bulls). Feeder cattle supply over 600 lbs was 60%.

FEEDER CATTLE
STEERS - Medium and Large 1 (Per Cwt / Actual Wt)
Head      Wt Range      Avg Wt      Price Range        Avg Price

28             357-386          376       172.00-195.00       184.71

35             415-443          426       171.00-186.00       180.92
10             467-481          473       175.00-177.00       175.81
4                   471               471             162.00               162.00 Unweaned

50           509-541            528       168.00-176.00        171.50
20           555-595            580       148.00-164.00        152.18
10                551               551             156.00                156.00 Unweaned

29           601-635           625        148.00-152.00        150.88
4                 647                647              145.00                145.00 Unweaned
15               666               666               148.00                148.00

59           715-746          740         135.00-139.00        135.72
104         775-796          786         121.00-131.00        126.67

116         832-847          843         120.00-126.50        121.73
33               894               894              124.50                 124.50

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


00098_JoplinFinal03242020.pdf
   

 

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