Feeder Cattle Index

Early Morning Report

Live Cattle futures are trading 22 lower ahead of this afternoon’s USDA Cattle on Feed report. Feeder cattle are down 75 in the overnights as well. The report is expected to show fewer cattle on feed as of April 1, with the trade looking for 93.9% of a year ago. Same song different verse, supply remains at all time lows. The only real question that will be answered in the COF report will be the number of placements as the dart thrower have a wide range estimate of  92-103% of last year.  Weekly beef export sales were strong with the USDA reporting 16,809 MT in sales compared to 10,196 MT the previous week. Boxed beef failed to react to the stronger export news and finished with a 44 cent loss on Choice and 11 cent loss on Select. Year-to-date exports have totaled 306,645 MT vs. 327,495 MT last year though. The CME feeder cattle index finished $0.75 lower at $134.86.  The week to date slaughter stands at 484,000 head. This is up 12,000 head from last year but unchanged from last week.  Live cattle cash trade has been around the 1.25 mark.

Keep looking for the end of the Rainbow.

WLAC June 15th at Montgomery Stockyard

Make Plans to join us as we host the World Livestock Auctioneer Championship on June 15th starting at 8:00 a.m.

Market Report 4-15-13

Date: 4/16/2013                                      Receipts:   225                               

Trends:  Market has been in a downward spiral for the last week and it showed in the sale today. The Feeder cattle futures board has lost ground everyday it seems since Easter and consumer demand or the lack of has packers worried about moving product.  On a good note pasture conditions seem to be in excellent shape in most areas as there has been ample rainfall. Demand was light with almost every buyer commenting on how difficult it is to get an order.  Slaughter Cows and Bulls 1-3 lower than last week. Calves were spotty with lighter, thinner flesh cattle with good genetics and growth potential Steady to 2 Lower, Heavier Fleshy new crop calves were as much as 5-10 lower.

Class	Type	Price	Average
Weigh Cows	Breaker	72-77	75.33
	Boner	79-88	82.12
	Lean	65-76	72.66
Weigh Bulls	1000 and Up	92-98	95.72
	Low Dressing	70-88	83.65
Steer/Bull	200-300	135-195	171.22
	300-400	125-175	156.66
	400-500	120-153	130.56
	500-600	115-139	126.22
	600-700	110-131	122.33
	700-800	95-109	104.45
	800-900	90-107	99.00
Heifers
	300-400	125-150	130.71
	400-500	120-142	127.40
	500-600	115-131	117.18
	600-700	100-125	115.22
	700-800	N/A	N/A
Replacements	Bred	875-1050
	Pairs	1100-1200

4/3/13 Linden Stockyard Board Sale Report

Type	Base Weight	Delivery Date	Price
Steers	825 (1 Load)	April 4-10	130.80
Steers	865 (3 Loads)	April 4-10	127.25
Steers	775 (2 Loads)	April 16-20	133.40
Steers	825 (1 Load)	May 1-4	132.20
Steers	875 (2 Loads)	April 4-10	126.90
Steers	840 (2 Loads)	May 20 – June 1	133.30
Heifers	750 (2 Loads)	April 4-10	126.20