Kentucky Feeder
Cattle Sales
Lexington, Ky.
May 27,2003
Report Supplied By USDA
BLUE GRASS STOCKYARDS
iMily Auction Report: Receipts: 1,608.
. .mpared to last week: Steer calves
hi m to 1.00 higher, heifer calves steady
‘u firm. Yearling steers and heifers fully
steady. Holsteins steady to 2.00 higher.
‘EEDER STEERS: Medium and
large 1: 300-350 lbs 105.00-110.00,
i'D-400 lbs 104.00-108.00; few 400-450
lbs 98.00-103,00, 450-500 lbs
% 00-105.50; 500-550 lbs 93.00-102.25,
1-600 lbs 90.50-100.00; 600-700 lb
alves 79.00-86.00, 600-700 lb yearlings
" 50-95.00; 700-800 lbs 78.00-84.00;
1-900 lbs 75.00-77.90; 900-1000 lbs
50-75.00, including 56 head (Viblk
nixed) 937 lbs 75.00. Medium and
rge 1-2: 46 head (mixed) 595 lbs
00. Medium and Large 2: 300-400 lbs
' 00-104.00; 400-500 lbs 88.00-95.00;
■lO-600 lbs 84.00-90.00; 600-700 lbs
00- HOLSTEINS: Large 3:
1- lbs 74.00-81.00; 500-600 lbs
10-81.75; 600-700 lbs 67.50-76.00;
-800 lbs 62.00-74.00; 7 head 863 lbs
’5; 900-1000 lbs 64.00- 67.50.
dULL CALVES: Medium and Large
■ 100-400 lbs 95.00-109.00; 400-500 lbs
‘Hi 00-103.00; 500-600 lbs 83.00-94.50;
600-700 lbs 75.00-85.00; 700-800 lbs
70.00- 800-900 lbs 59.00-68.00.
FEEDER HEIFERS: Medium and
I arge 1: 300-400 lbs 89.00-98.00:
400-500 lbs 86.50-94.00; 500-600 lbs
80.00- including 31 head(blk) 509
lbs 86.40; 600-700 lbs 75.00-82.80, in
cluding 33 head(mixed) 616 lbs 82.80.
Medium and Large 2: 400-500 lbs
82.00- 500-600 lbs 76.00-82.00;
600-700 lbs 68.00-75.00; 700-800 lbs
65.00-
BABY CALVES: Beef 85.00-150.00.
Oklahoma Feeder
Cattle Weekly
Oklahoma City, OK
May 28,2003
Report Supplied By USD A
OKLAHOMA NATIONAL STOCK
YARDS, Weekly Cattle Summary
Compared to last week; Great buyer at
tendance for very light post holiday
run. Feeder steers steady to 2.00 higher.
Feeder heifers 1.00-3.00 higher. Steer
and heifer calves firm. Beef movement
over the holiday weekend was good.
This being the final hurdle in dispelling
tears of marketing problems due to the
Canadian ordeal. All sectors of the
marketing channel are responding bull
ishly to this news.
Slaughter cows 1.00-3.00 higher.
Slaughter bulls 4.00 higher. Buyers very
aggressive for slaughter cows and bulls
as shortage of cows due to closing of the
Canadian border spurs demand. Total
of 210 cows and bulls sold
with 86 percent to packers.
‘ Receipts this holiday
week 2485; last week 17,450;
last year 4684. Supply con
sisted of 88% yearlings over
600 lbs; 4% calves; 8% cows
and bulls. Heifers comprised
54% of feeder & calf supply.
Prices follow with weight
ed average weight and price
m parenthesis.
FEEDER STEERS; Me
dium and Large 1: few
490-500 lbs (497 lbs)
95.00- (99.22);
625-650 lbs calves (633 lbs)
84.50- (85.09); 675 lbs
87.25; 700-750 lbs (726 lbs)
80.00- (85.51); 800-850
Ids (826 lbs) 79.00-83.00
.1.50); 900-925 lbs (915 lbs)
75.50- (76.48); 995 lbs
74.25; 1100 lbs 72.50; 1150
lbs 69.75. Holsteins: Large 3
load 905 lbs 64.85.
FEEDER HEIFERS: Me
dium and Large 1; few
450-500 lbs (463 lbs) 86.00-
95.25 (94.00); 525-550 lb
calves (542 lbs) 84.00-88.00
(86.32); 570 lb yearling
90.00; 700-775 lbs (750 lbs)
77.00- (80.00); 800-850
lbs (832 lbs) 73.00-75.75
(75.30).
Tennessee Feeder
Cattle Sales
Nashville, Tenn.
May 28,2003
ißeport Supplied By USDA
Tennessee Weighted Average report
for Tuesday. May 27, at Dickson, Hunt
ingdon, and Cookeville. Receipts 949
calves and feeders (15 pet over 600 lbs).
Trend: Feeder steers steady to 3.00
higher. Feeder heifers 2.00-3.00 higher.
Average weights and average prices in
parentheses.
FEEDER STEERS: Medium and
Large 1-2: 22 head. 300-400 lb (349)
100.00- (107.15): 33 head,
400-500 lb (447) 86.00-113.00 (99.14);
26 head, 500-600 lb (536) 82.00-99.00
(92.00); 11 head. 600-700 lb (659)
77.00- (83.76). Med./Lge. 3: 10
head, 300-400 lb (366) 88.50-106.00
(95.33); 7 head, 400-500 lb (433)
81.00- (88.96); 16 head, 500-600 lb
(549)75.00-87.00(82.49).
FEEDER HEIFERS; Med./Lge. 1-2:
29 head, 300-400 lb (356) 89.00-101.50
(95.29); 44 head, 400-500 lb (441)
83.00- (87.73) 41 head, 500-600 lb
(544) 76.50-84.50 (80.97); 13 head,
600-700 lb (652) 69.00-82.00 (75.27); 9
head, 700-800 lb (722) 68.00-70.50
(69.10). Med./Lge. 3: 8 head, 300-400 lb
(369) 75.00-94.00 (85.15); 33 head,
400-500 lb (442) 72.00-86.00 (81.50); 14
head, 500-600 lb (554) 74.50-82.00
(77.38).
FEEDER BULLS: Med./Lge. 1-2: 6
head, 300-400 lb (379) 101.00-106.00
(103.64); 21 head, 400-500 lb (456)
78.00- (93.44); 25 head, 500-600 lb
(534) 79.00-93.00 (84.63); 20 head.
600-700 lb (645) 73.50-83.00 (79.35).
National Feeder Cattle
Weekly Review
St. Joseph, Mo.
Friday, May 23,2003
Report Supplied By USDA
NATIONAL FEEDER & STOCK
ER CATTLE SUMMARY - Week
Ending May 23 Total Receipts:
289,100, last week 376,100; last year
309,700. Direct: 55,000, last week
114,500, last year 43,200. Video/
Internet: 22,700, last week 38,000, last
year 63,200. Auctions: 211,400, last
week 223,600, last year 203,200. This
weeks reported auction volume in
cluded 48 percent over 600 lbs and 44
percent heifers. Compared to last week;
feeder steer and heifer prices ended
steady to 1.00 higher with weakness
One of our favorite tlmoi of yoor is just around tho eornor:
Juno Dairy Month! A
And what o troot wo have for Laneasfir Farming OzaJ)
roadort in our Juno Dairy Istuo sehodulod Juno 7.
Included will bo family farm features, brood and H yrnW
association news and highlights, and other great hy*[
reading for our dairy families. ■‘Mwawifr
Make Your Fencing Last! Choose Galvanized.
noted on weights over 800 lbs, as sup
plies of those types continued heavy
with the last of the graze-out yearlings
coming to town. Calf numbers were
tight in the Plains states and the bulk of
the lightweights were sold east of Mis
souri and Arkansas, where prices were
largely steady.
Cattle markets started this week with
a full head of steam. Dressed beef val
ues were at record levels and packers
were paying 80.00 for premature show
lists, causing cattle feeders to aggressi
vely seek feedlot replacements. All this
activity was temporarily put on hold
Tuesday morning when reports sur
faced that a Canadian cow had tested
positive for BSE (Bovine Spongiform
Encephalopathy). The heart of the
American beef industry skipped a beat
as members feared the effect of the
news. However, it soon became evident
that the media was preoccupied with
overseas terrorism and the raising of
the national terror alert to High.
Most news agencies simply reported
the facts of the case and passed on the
release that was prepared by Secretary
Veneman’s office, which reassured
Americans of the safety of our domestic
beef supply. The United States seems to
be satisfied with the measures that have
been taken to isolate the case, or per
haps we have become hardened by the
seemingly routine occurrence of terror
ism. war, and natural disasters. In any
event, by Wednesday morning most of
the beef industry was wiping its brow
and returning to the bandwagon of
higher prices.
Direct feeder cattle trading was slow,
but most late-week auctions were just
as active as those that were held on
Monday. Most feedlots refused lower
bids for fed cattle with only moderate
trading reported on Friday at mostly
79.00 and 125.00 in the beef. Mean
while, the CME futures quickly re
bounded and boxed beef cut-outs con
tinued to reach new highs this week.
As we head into the huge outdoor
grilling Memorial Day weekend the es
timated weekly cattle slaughter is
763.000 head, which is largest since
mid-June of 19%. If this inventory is
cleaned-up over the weekend, the Unit
ed States may actually benefit from
Canadas troubles. Northern beef plants
have already turned the slaughter cow
market sharply higher to satisfy needs
since the Canadian border was shut
down early this week.
LIVESTOCK FUTURES MARKET
Chicago Mercantile Exchange
Wednesday, May 28, 2003
Live Hogs Frozen
Choice Steers Choice Feeders Lean Value Pork Bellies
Today Wk Ago Today Wk Ago Today Wk Ago Today VVk Ago
My 03 79.950 75 800 80 575 - 97 800
Jno3 75.250 72.900 - 64 075 65.125
JlO3 71500 69.800 66.100 65.600 96.425 93.000
Au 03 70 050 68 825 85.625 83.900 66 525 65 550 92 850 79 475
SO3 85 590 84 400
003 71025 69 750 86.150 84.425 56 475 55 200
NO3 86 500 84 800
DO3 73 625 72 500 54.775 53.800
JO4 85 425 84 000 80 300 78 500
FO4 74 625 74.000 58 300 57 500
Mr 04 84 400 83.450 80 200 77.800
Apo4 75.700 75.150 83.500 83.450 59 800 59.800
My 04 62 275 61 950
Jno4 69.800 69.700 - 64.600 64 875 -