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United Cooperative
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Friday, May 19th, 2017MARKET REPORT Friday, May 19th, 2017 “SPECIAL ALL BEEF NEW CROP CALF/YEARLING FEEDER CATTLE SALE” SALE SUMMARY: Total Headcount: 1,499 Beef Feeders
UPCOMING FEEDER CATTLE SALES FRIDAY, May 26th – “SPECIAL ALL HOLSTEIN & DAIRY CROSS FEEDER CATTLE SALE” FRIDAY, June 9th: “COMBINATION SALE: BEEF/HOLSTEIN FEEDER SALE” FRIDAY, June 23rd: “COMBINATION SALE: BEEF/HOLSTEIN FEEDER SALE” ****SPECIAL NOTE**** In the June through August months, our feeder sales will be every 2nd and 4th Friday of the month, which will all be Beef/Holstein Combination Sales during that time
Here Friday, we had another really nice run of Beef Feeder cattle, on a market that was steady essentially amongst all weight classes of cattle. Now, by calling the market steady, it may appear to be a touch weaker compared to the previous “All Beef Sale”, however the last Beef Feeder Sale Market was on fire, plus a little more. So, in comparison, the market as a whole was steady; the volume of lighter weight cattle is decreasing as we approach summer, as we had a limited test amongst both steers and heifers in the lighter weight feeder numbers Friday. Both a continued weaker dollar as well as exports into China, are two primary factors that will really help keep this market stabil, with the opportunity of growth heading into the summer months. Getting our beef onto the tables of foreign families is one of the many factors to make a huge step in sustaining the longevity of our beef market. Exporting our beef into countries, such as China is vital for the US. We extend a big thank you to all you producers, buyers, etc for all your business, hard work, and dedication to the livestock/agricultural industry. Here’s the market report from Friday’s sale. Fancy Green Beef Steers 300-375# ~ $190- $205 (Limited Test) 400-450# ~ $185- $195 451-500# ~ $180- $191 501-575# ~ $180- $191 600-650# ~ $170- $180 651-700# ~ $165- $176 701-750# ~ $155- $165 751-800# ~ $150- $161 825-900# ~ $140- $154 Improperly Handled/ Excessively Fleshy /Lower Quality Steers Less
Fancy Green Beef Heifers 300-350# ~ $185- $202 (Limited Test) 375-425# ~ $160- $175 (Limited Test) 450-500# ~ $155- $165 501-550# ~ $150- $161 551-600# ~ $140- $153 601-650# ~ $140- $150 651-700# ~ $135- $148 725-800# ~ $130- $140 Improperly Handled/ Excessively Fleshy /Lower Quality Steers Less |
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