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Missouri Weekly Market Summary 2021 PDF

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Weekly Market Summary Published by: Chris Chinn, Director Missouri Department of Agriculture Davin Althoff, Division Director Ag Business Development Division Tony Hancock, Editor Market News Program agmarketnews.mo.gov http://www.ams.usda.gov/marketnews.htm Michael L. Parson, Governor Volume XLI, Number 1 ♦ P.O. Box 630, Jefferson City, MO 65102 ♦ (573) 751-4211 ♦ Monday, January 04, 2021 MISSOURI WEEKLY FEEDER CATTLE WEIGHTEDAVERAGE REPORT Receipts: 2783 Week ago: 9648 Year ago: 21,594 Steers and Heifers Medium and Large 1—Weighted average weights and prices STEERS: Medium and Large 1 HEIFERS: Medium and Large 1 435 lbs. 179.76 662 lbs. 153.03 889 lbs. 139.8 520 lbs. 137.22 522 lbs. 166.06 711 lbs. 147.62 556 lbs. 140.90 573 lbs. 148.73 783 lbs. 141.03 633 lbs. 140.00 626 lbs. 146.46 811 lbs. 143.56 791 lbs. 133.78 Missouri Stocker Formula for 01/01/2021 Friday’s Missouri Stocker Formula consists of 208 head with a Missouri Stocker Formula weighted average weight of 554.63 lbs. and a price value of 152.62, 180 - 1.16 higher than last Friday. 175 .... , This a rolling seven day calculated weighted value which combines all 116705 ~-..-..... ~ '-... .· - - Finege dferor mS te4e0r0s- 6re4p9o rltbesd. ibny tMheD MAe/UdiSuDmA a nMda rLkaertg Ne e1w asn Sd eMrveicdei uwme iagnhd- 116550 "- - - ~- ...-. ...... ---.,;:::a Large 1-2 frame and muscle classifications, including all comment .........- cattle except Brahman X. 150 145 SOUTH CENTRAL MISSOURI WEEKLY SUMMARY 140 (West Plains, Ava) 135 Receipts: 3249 Week ago: 5658 Year Ago: 0 130 Compared to last week, too few feeder calves across all weight ranges Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec for an adequate comparison however undertones were mostly steady to --Missouri Stocker Fonnula2019 - Missouri Stocker Fonnula2020 weak. Slaughter cows traded mostly steady to 2.00 higher while slaughter bulls traded 2.00-4.00 higher. (Week ending 12/25/20.) *Graph is updated the first Friday of each month. STEERS: HEIFERS: SOUTHWEST MISSOURI WEEKLY SUMMARY Medium and Large 1 Medium and Large 1 (Joplin and Springfield) Feeder Cattle Receipts: 7612 Week Ago: 5127 Year ago: 9294 350-400 lbs. 170.00-182.50 350-400 lbs. 142.50-153.00 Cow and Bull Receipts: 322 Week ago: 1929 Year ago: 2036 400-500 lbs. 161.00-176.00 400-500 lbs. 135.00-143.00 Compared to last week, steers under 700 lbs steady, steers over 700 lbs 500-600 lbs. 151.00-164.00 500-600 lbs. 130.00-133.00 and all weights of heifers steady to 2.00 higher. Slaughter cows steady to Pkg 668 lbs. 133.00 Pkg 637 lbs. 127.00 2.00 higher. Slaughter bulls steady. (Week ending 12/25/20.) Load 835 lbs. 124.50 STEERS: HEIFERS: Medium and Large 1 Medium and Large 1 Holsteins: SLAUGHTER COWS: 350-400 lbs. 172.50-185.00 300-400 lbs. 140.00-155.00 Large 3 Breaking and Boning (70-85% lean) 400-500 lbs. 162.50-184.00 400-500 lbs. 135.00-151.00 48.00-58.00, high dressing 56.00- 500-600 lbs. 147.00-172.00 500-600 lbs. 129.00-140.00 Pkg 352 lbs. 92.50 60.00, low dressing 45.00-52.50. 600-700 lbs. 134.00-150.75 600-700 lbs. 126.00-134.50 Pkg 437 lbs. 67.00 Lean (85-90%) 35.00-48.00 700-800 lbs. 132.00-150.00 700-750 lbs. 124.00-131.10 800-900 lbs. 132.25-138.75 800-900 lbs. 124.50-131.35 900-950 lbs. 130.25-134.50 SLAUGHTER BULLS: REPLACEMENT COWS: HOLSTEINS: SLAUGHTER COWS: Breaking Yield Grade 1-2 1045-2150 lbs. Medium and Large 1 2-8 yrs 1161- Large 3 and Boning (70-85% lean) 45.00- 58.00, high dressing 54.00-65.50; 75.00-84.00; high dressing 88.00 1352 lbs 1225.00-1400.00. Medium low dressing 39.50-51.00. Lean -93.00; low dressing 60.00-75.00 and Large 1-2 2-8 yrs 915-1685 lbs Pkg 438 lbs. 73.00 (85-90%) 37.00-49.00 2nd to 3rd stage 875.00-1275.00, Part load 566 lbs. 83.00 COW & CALF PAIRS: Medi- 1st stage 975.00-1050.00 per head Load 759 lbs. 92.50 SLAUGHTER BULLS: Yield um and Large 1-2 2-8 yrs 1049- Grade 1-2 1200-2100 lbs 70.50- 1320 lbs some rebred with baby 88.00; high dressing 79.00-87.00; to over 300 lb calves 1175.00- low dressing 65.00-75.00 1400.000 per pair REPLACEMENT COWS: Medium COW & CALF PAIRS: Medium and Large 1 2-8 yrs 1022-1375 lbs and Large 1 2-8 yrs 970-1173 lbs 2nd to 3rd stage 1275.00-1350.00. with 150-300 lb calves 1800.00- Medium and Large 1-2 2-8 yrs 925- 2400.00. Medium and Large 1-2 2- The Weekly Market Summary, as well as historical 1365 lbs 2nd to 3rd stage 875.00- 8 yrs 1043-1325 lbs baby to over summaries, are available on our website 1225.00, 1st stage 675.00-950.00 per 300 lb calves 1050.00-1550.00, https://agmarketnews.mo.gov/summaries head cow rebred 1st or 2nd stage 1250.00-1700.00 per pair Market News Hotline: 1-573-522-9244 WEST CENTRAL MISSOURI WEEKLY SUMMARY SOUTHEAST MISSOURI WEEKLY SUMMARY (Sedalia, Kingsville, Windsor, Butler) (Patton, Farmington) Receipts: 894 Week ago: 6700 Year ago: 0 Receipts: 1361 Week ago: 2234 Year ago: 1094 Compared to two weeks ago, steers and heifers steady. Slaughter cows Compared to last week, steers and heifers uneven from 10.00 lower to steady to 2.00 higher. 2.00 higher. Slaughter cows and bulls steady to 2.00 higher. (week ending 12/18/20.) FEEDER STEERS: FEEDER HEIFERS: FEEDER STEERS: FEEDER HEIFERS: Medium and Large 1 Medium and Large 1 Medium and Large 1 Medium and Large 1 500-600 lbs. 160.00-171.00 Pkg 451 lbs. 151.00 600-700 lbs. 147.00-149.50 500-600 lbs. 137.00-141.00 300-400 lbs. 152.00-179.00 300-400 lbs. 123.00-137.00 700-750 lbs. 140.00-140.50 Pkg 652 lbs. 126.00 400-500 lbs. 150.00-177.00 400-500 lbs. 120.00-139.00 800-850 lbs. 135.00-137.25 Lot 788 lbs. 131.50 500-600 lbs. 132.00-158.00 500-600 lbs. 120.00-136.00 Pkg 899 lbs. 120.50 600-700 lbs. 125.00-145.00 600-700 lbs. 112.00-126.50 700-800 lbs. 120.00-130.25 750-800 lbs. 116.00-122.00 SLAUGHTER BULLS: Yield SLAUGHTER COWS: Breaking REPLACEMENT COWS: Medium SLAUGHTER COWS: Breaking Grade 1-2 1125-1890 lbs 76.00- and Boning (70-85% lean) 47.00 and Large 2 2-8 yrs 1035-1750 lbs and Boning (75-85% lean) 37.00 82.00, high dressing 86.50-91.00; -58.00, high dressing 57.00- 1st to 3rd stage 610.00-1025.00 per -49.00; high dressing 47.50- low dressing 61.00-72.00 62.00. Lean (85-90%) 42.00- head 58.60. Lean (85-90% lean) 33.00 51.00 -42.00 REPLACEMENT COWS: Scarce COW & CALF PAIRS: Scarce COW & CALF PAIRS: Medium SLAUGHTER BULLS: Yield and Large 2 2-8 yrs pkg 1150 lbs Grade 1-2 1170-2240 lbs 60.00- with 150-300 lb calves 1450.00 per 70.00; high dressing 68.00- pair 85.50; low dressing 55.00-61.00 NORTHEAST MISSOURI WEEKLY SUMMARY EAST CENTRAL MISSOURI WEEKLY SUMMARY (Bowling Green, Kingdom City, Palmyra) (Cuba, Vienna) Receipts: 2298 Week ago: 1496 Year ago: 3244 Receipts: 1859 Week ago: 4537 Year ago: 920 Compared to two weeks ago, too few feeder calves for a market test, a Compared to last week, steers and heifers steady to 2.00 lower. weak to lower undertone noted. Yearling steers fully steady to firm, Slaughter cows 2.00 lower to 2.00 higher. (week ending 12/18/20) with 800-900 lbs steers not well tested with two weeks ago, sharply higher undertone noted. Feeder heifers over 600 lbs were lightly tested. Slaughter cows steady. FEEDER STEERS: FEEDER HEIFERS: FEEDER STEERS: FEEDER HEIFERS: Medium and Large 1-2 Medium and Large 1-2 Medium and Large 1 Medium and Large 1 400-450 lbs. 179.00-181.00 350-400 lbs. 164.00-169.00 500-600 lbs. 143.00-157.00 400-500 lbs. 134.00-151.00 500-600 lbs. 145.00-162.00 500-600 lbs. 136.00-141.75 600-700 lbs. 133.50-144.00 500-600 lbs. 125.00-135.00 600-700 lbs. 143.00-154.00 600-650 lbs. 140.00 700-800 lbs. 125.00-136.00 600-700 lbs. 121.50-129.50 700-800 lbs. 139.50-151.10 Part load 792 lbs. 135.00 800-850 lbs. 125.00-128.10 700-800 lbs. 118.00-121.50 800-900 lbs. 139.25-146.50 800-850 lbs.. 110.00-111.00 SLAUGHTER BULLS: Yield SLAUGHTER COWS: Breaking REPLACEMENT COWS: Medium SLAUGHTER COWS: Break- Grade 1-2 1340-2300 lbs 77.00- and Boning, (70-85% lean) 50.00- and Large 1 2-4 yrs 1080-1346 lbs ing and Boning (70-85% lean) 83.00; high dressing 88.00-90.00; 58.00; high dressing 58.50-64.50. low dressing 71.00-75.50 Lean (85-90%) 44.00-49.50 2nd to 3rd stage 1375.00-1700.00 42.00-55.00. Lean (85-90%) per head 37.00-45.00 SLAUGHTER STEERS: Select BRED COWS: Scarce and Choice 1-3 101.00-102.00 COW & CALF PAIRS: Medium SLAUGHTER BULLS: Yield and Large 1-2 over 5 yrs 1050-1360 Grade 1-2 1130-2215 lbs 69.00- SLAUGHTER HEIFERS: Scarce lbs with baby to 300 lb calves 80.00; low dressing 52.00-68.00 1025.00-1250.00 per pair NORTHWEST MISSOURI WEEKLY SUMMARY NORTH CENTRAL MISSOURI WEEKLY SUMMARY (St Joseph) (Macon, Unionville, Green City, New Cambria) Receipts: 411 Week Ago: 1748 Year ago: 186 Receipts: 648 Two Weeks ago: 860 Year ago: 5008 Compared to last week, steers under 700 lbs steady to 1.00 lower, 700- Very few calves on offer with the bulk of the offering bred cows. 750 lbs 2.00 to 3.00 higher. Heifers 1.00 to 3.00 lower on comparable sales (Feeders week ending 12/18/20). Slaughter cows and bulls 1.00 to FEEDER STEERS: FEEDER HEIFERS: 2.00 higher. (Cows and bulls week ending 12/25/20.) Medium and Large 1 Medium and Large 1 FEEDER STEERS: FEEDER HEIFERS: 400-500 lbs. Scarce 400-500 lbs. Scarce Medium and Large 1 Medium and Large 1 500-600 lbs. 500-600 lbs. 400-500 lbs. 173.50-180.00 400-500 lbs. 140.00-158.00 600-700 lbs. 600-700 lbs. 500-600 lbs. 151.25-179.00 500-600 lbs. 130.00-142.50 700-800 lbs. 700-800 lbs. 600-700 lbs. 135.00-159.00 600-700 lbs. 128.50-129.50 700-750 lbs. 130.00-139.50 Lot 750 lbs.. 123.50 Pkg 804 lbs. 129.25 BRED COWS: Medium and SLAUGHTER COWS: Scarce Large 1 2-4 yrs 1385-1435 lbs SLAUGHTER BULLS: Yield SLAUGHTER COWS: Breaking 3rd stage 2210.00-2225.00. Me- Grade 1-2 1185-2135 lbs 75.00- and Boning (75-85% lean) 50.00- dium and Large 1-2 2-8 yrs 1170 85.00; low dressing 60.00-70.00 59.50. Lean (85-90%) 41.00-51.50 -1425 lbs 2nd to 3rd stage 1300.00-1725.00 per head BRED COWS: Medium and COW CALF PAIRS: Scarce Large 1 2-8 yrs 1188-1565 lbs COW & CALF PAIRS: Medium SLAUGHTER BULLS: Scarce 2nd to 3rd stage 1400.00- and Large 2 5-8 yrs 1100-1300 2010.00. Medium and Large 1-2 lbs some rebred 1st stage with 2-8 yrs 955-1745 lbs 2nd to 3rd 150 to over 300 lb calves stage 800.00-1450.00 per head 1100.00-1450.00 per pair MISSOURI WEEKLY DIRECT WEEKLY COMMODITY GRAIN FUTURES TRENDS SLAUGHTER CATTLE REPORT 12/31/20 Compared to last Thursday, Soybeans 0.38 to 0.52 higher, Wheat 0.11 to 0.13 higher, Corn 0.10 to 0.34 higher, KC Wheat 0.13 to 0.15 Weekly Receipts: 640 Week ago: 680 Year ago: 480 higher, Soybean Meal 8.40 to 17.60 higher. Trading this week: flat dressed sales 4.00 higher and grid dressed 2.00 to 3.00 higher. Daily Grain Futures Closes LIVE STEERS & HEIFERS: DRESSED STEERS & HEIFERS: No sales reported 8 loads Wed flat 176.00 Mon. Tues. Wed. Thu. Fri. GRADE AND WEIGHT (Grid): 4 loads Wed 178.00, 4 loads Thu Soybeans 179.00 Jan 1255 1/4 1295 1/2 1303 3/4 1315 1/4 Holiday Mar 1257 1/4 1296 1300 1/2 1311 May 1255 1/4 1294 1/2 1297 3/4 1306 3/4 NATIONAL DIRECT DELIVERED FEEDER PIG REPORT Jul 1249 1/4 1288 1290 1/2 1297 1/2 12/31/20 Receipts: 82,206 Week ago: 103,674 Aug 1215 1250 1/2 1251 1/2 1258 1/2 Supply includes 58% formulated prices. Early weaned pigs 10-12 lbs basis: Formula 39.66-55.54, weighted av- Wheat erage 45.40. Cash 43.00-63.00, weighted average 55.04 Mar 614 1/4 618 1/2 640 3/4 640 1/2 Holiday Feeder pigs 40 pounds basis: Cash 59.00-72.00, weighted average 67.38 May 615 619 1/4 638 1/2 639 1/2 Jul 607 611 3/4 627 1/4 628 1/4 WEEKLY LIVESTOCK SLAUGHTER 12/31/2020 Sep 609 1/2 614 1/4 629 630 1/4 Cattle Hogs Sheep Dec 617 621 3/4 635 3/4 636 3/4 Week to Date: 451,000 1,838,000 30,000 Last Week: 418,000 1,675,000 29,000 Corn Last Year: 344,000 1,384,000 24,000 Mar 456 1/2 466 474 1/2 484 Holiday May 457 466 474 1/4 483 1/4 WHOLESALE FEEDSTUFFS PRICES Jul 454 1/2 464 472 480 1/4 (DOLLARS PER TON-BULK BASIS) Sep 433 3/4 437 1/2 442 3/4 446 1/2 Dec 426 3/4 430 1/4 433 434 3/4 Soybean Soybean Cottonseed Area Hulls - Meal 48% Meal 41% Meat Wheat KC Wheat Meal Middlings Mar 577 585 601 1/4 603 1/2 Holiday Bulk Solvent Solvent May 580 1/4 588 604 1/2 606 1/4 Kansas City 145.00 431.00 475.00 340.00 192.50 Jul 582 1/4 589 3/4 605 1/4 607 1/4 Sep 587 594 1/4 609 1/2 611 1/2 St. Louis N/A 447.50 470.00 N/A 180.00 Dec 594 1/4 601 1/4 616 3/4 618 1/2 SB Meal NATIONAL BOXED BEEF CUTOUT/BOXED BEEF CUTS Jan 415.30 427.00 432.40 434.40 Holiday Mar 412.70 424.30 427.80 429.40 Date Choice Select Total Loads May 409.40 421.00 422.40 423.40 Jul 407.90 419.00 419.80 419.50 12/31 209.95 195.65 144 Aug 396.80 407.00 408.20 406.90 12/30 210.53 199.86 141 WEEKLY COMMODITY FUTURES TRENDS Compared to last Thursday, Live Cattle 0.05 to 0.80 higher, Lean 12/29 210.30 195.48 144 Hogs Feb and Apr 1.15 to 3.32 higher, others 0.32 to 0.70 higher, Feeder Cattle 1.78 to 2.37 lower. 12/28 207.82 196.65 160 Daily Futures Closes 12/23 207.54 197.93 119 Mon. Tues. Wed. Thu. Fri. 5 Day Simple 209.23 197.11 Average Cattle Dec 113.05 112.05 112.12 112.95 Holiday Diamond - TS Whites Sheep and Goat Auction 12/17/20 Feb 115.77 114.57 114.45 115.02 Apr 119.52 118.77 118.60 119.25 Receipts: 764 Last Reported (12/2/20): 795 Last Year: 990 Jun 114.80 114.27 113.87 114.70 Aug 114.25 113.82 113.52 114.42 (All prices CWT unless noted.) SHEEP: Slaughter lambs wooled and shorn Choice and Prime 1-3 pkg 72 lbs 245.00. Choice 1-3 pkg 72 lbs Lean Hogs 215.00. Hair Choice and Prime 1-3 30-40 lbs 310.00-340.00; 40-50 lbs Feb 66.50 67.20 67.60 70.27 Holiday 335.00-345.00; 50-60 lbs 320.00-355.00; 60-70 lbs 275.00-320.00; 70-80 Apr 70.75 71.07 71.07 72.25 lbs 292.50-295.00. Choice 1-3 lot 37 lbs 235.00; pkg 55 lbs 257.50; pkg May 75.47 76.00 75.92 76.72 88 lbs 240.00; pkg 90 lbs 240.00. Good 1-2 pkg 86 lbs 205.00; pkg 93 lbs Jun 81.87 82.00 81.95 82.82 195.00. Good 2-3 pkg 95 lbs 130.00; 100-145 lbs 122.50-140.00; pkg 105 Jul 82.17 82.30 82.30 82.97 lbs fancy 155.00. Utility and Good 1-3 pkg 85 lbs 120.00; pkg 101 lbs 115.00. Hair bucks 1-2 pkg 92 lbs 195.00. GOATS: Feeder kids Selection Fdr Cat 1 pkg 27 lbs 390.00; pkg 28 lbs fancy 410.00; 30-40 lbs 345.00-380.00, Jan 141.00 139.62 138.52 138.95 Holiday fancy 385.00; 40-50 lbs 330.00-350.00. Selection 2 20-30 lbs 250.00- Mar 142.60 141.22 139.75 140.22 310.00, pygmies 257.50. Selection 3 pkg 35 lbs pygmies 205.00. Slaughter Apr 144.12 142.97 141.65 141.77 kids Selection 1 50-60 lbs 330.00-350.00; 60-70 lbs 335.00-350.00; pkg May 145.25 144.25 142.87 142.85 71 lbs 287.50; pkg 82 lbs fancy 305.00. Selection 2 50-60 lbs 290.00- Aug 150.60 150.02 148.82 149.02 310.00, pygmies 295.00; 60-70 lbs 270.00-320.00; 70-80 lbs 225.00- 240.00. Selection 3 pkg 66 lbs 235.00. Slaughter nannies/does Selection 1- Milk 2 70-80 lbs 215.00-220.00, pygmies 185.00; 80-100 lbs 190.00-215.00; Dec 15.70 15.76 —— —— Holiday 100-140 lbs 175.00-200.00. Selection 3 75-85 lbs 155.00-165.00. Bucks/ Jan 16.42 16.26 16.01 15.80 billies Selection 1-2 pkg 70 lbs pygmies 190.00; 120-140 lbs 205.00- Feb 17.73 17.93 17.91 17.49 210.00; 170-182 lbs 205.00-230.00. Replacements: Bucks/billies Selection 1-2 yearlings 105-130 lbs 245.00-300.00. WESTERN CORNBELT DAILY DIRECT PRIOR DAY HOG REPORTS FOR 12/31/2020 BARROWS AND GILTS (Carcass Basis): 5,932 head Base Price weighted average 50.07 SOWS (Live Basis): 2,467 head 300-500 lbs. 24.00-48.50 Over 500 lbs. 37.86-49.50 Agricultural Prices 12/30/20 Afternoon National Slaughter Cattle Review for 12/31/20 Thus far for Thursday negotiated cash trading in the Southern Plains has November 2020 Highlights been light on light to moderate demand with live purchases 2.00 higher November Prices Received Index Up 4.1 Percent than last week at 112.00. In Nebraska, negotiated cash trading has been light on light to moderate demand with live purchases steady to 2.00 high- The November Prices Received Index 2011 Base (Agricultural Produc- er compared to last week from 110.00-112.00, mostly 112.00, and dressed tion), at 92.4, increased 4.1 percent from October and 2.2 percent from purchases 3.00-4.00 higher compared to last week from 175.00-176.00. In November 2019. At 91.1, the Crop Production Index is up 3.9 percent Colorado negotiated cash trading has been limited on light demand with a from last month and 7.1 percent from November 2019. The Livestock few live purchases at 112.00, however not enough purchases for a full Production Index, at 94.2, increased 4.0 percent from October, but de- market trend. The latest reported market in Colorado was on Wednesday creased 3.0 percent from November 2019. Producers received higher with live purchases at 111.00. In the Western Cornbelt negotiated cash prices during November for broilers, soybeans, corn, and milk but lower trading has been limited on light demand, not enough purchases for a full prices for hogs, turkeys, market eggs, and oranges. In addition to prices, the volume change of commodities marketed also influences the index- market trend. The latest reported market in the Western Cornbelt was on es. In November, there was increased monthly movement for corn, milk, Wednesday with live purchases from 110.00-112.00 and dressed purchas- cattle, and cotton and decreased marketing of soybeans, grapes, wheat, es from 175.00-176.00. and lettuce. Negotiated Sales: November Prices Paid Index Up 0.7 Percent Confirmed: 34,836 Week Ago: 0 Year 3118 The November Prices Paid Index for Commodities and Services, Inter- I I I IA go: I est, Taxes, and Farm Wage Rates (PPITW), at 111.9, is up 0.7 percent I I from October 2020 and 1.2 percent from November 2019. Higher prices in November for complete feeds, feeder cattle, concentrates, and other services more than offset lower prices for other machinery, gasoline, Live Basis Steers Heifers tractors, and nitrogen. Over 80% Choice 110.00-112.00, avg 110.00-112.00, avg 111.32 111.55 Missouri Agricultural Prices 12/20/20 65-80% Choice 111.00-112.00, avg 112.00 The November Prices Received Index 2011 Base (Agricultural Produc- 111.99 tion), at 92.4, increased 4.1 percent from October and 2.2 percent from November 2019. At 91.1, the Crop Production Index is up 3.9 percent 35-65% Choice 112.00 112.00 from last month and 7.1 percent from November 2019. The Livestock 0-35% Choice - - Production Index, at 94.2, increased 4.0 percent from October, but de- creased 3.0 percent from November 2019. Producers received higher Total All Grades 110.00-112.00, avg 110.00-112.00, avg prices during November for broilers, soybeans, corn, and milk but lower 111.74 111.73 prices for hogs, turkeys, market eggs, and oranges. In addition to prices, the volume change of commodities marketed also influences the index- es. In November, there was increased monthly movement for corn, milk, Dressed Basis Steers Heifers cattle, and cotton and decreased marketing of soybeans, grapes, wheat, Over 80% Choice 175.00-176.00, avg 176.00 and lettuce. 175.50 65-80% Choice 176.00 176.00 35-65% Choice - - MISSOURI GRAIN WEEKLY TRENDS 0-35% Choice - - Compared to last Thursday, Soybeans 0.47 to 0.56 higher, Wheat 0.11 to 0.21 higher, Corn 0.32 to 0.37 higher, Sorghum 0.34 to 0.37 Total All Grades 175.00-176.00, avg 176.00 higher. 175.53 Area #1 Soybeans #2 Soft #2 Corn #2 Grain Wheat Sorghum Missouri Weekly Cattle Auction Summary 12/31/20 Kansas City Friday** Holiday Receipts: 2783 Week ago: 9648 Year ago: 21,594 Monday 12.35-12.40 6.28 4.52-4.63 5.52 Due to the holidays not enough sales to establish a market trend as Tuesday 12.76-12.81 6.33 4.61-4.72 5.61 most auctions were closed over the last week. Supply was light and Wednesday 12.84-12.89 6.55 4.70-4.81 5.70 Thursday 12.95-12.96 6.73 4.79-4.90 5.79 demand was light to moderate. If winter weather doesn’t compli- Friday Holiday cate transportation next week is historically the largest volume St. Louis week of the year. Barns and buyers are eager to get back to busi- Friday** Holiday ness after a week or two off. Many farmers use this as well as the Monday 12.91-12.92 6.39-6.44 4.94-4.96 5.27-5.32 fact it is a new tax year to market livestock. As of last Thursday’s Tuesday 13.32-13.34 6.44-6.49 5.03-5.04 5.36-5.41 Wednesday 13.42-13.43 6.66-6.71 5.13 5.45-5.47 reports boxed beef cutouts were mixed. Choice closed up 2.41 at Thursday 13.51-13.53 6.66-6.81 5.19-5.21 5.54-5.56 209.95 and select was down 2.28 at 195.65 compared to Wednes- Friday Holiday day prior to Christmas. Feedlot sales were higher for the last week - of the year. As of Thursday afternoon reported volume was just Central Friday** Holiday —— over 71k head of negotiated sales for the week with some more Monday 12.25-12.35 6.00 4.42-4.47 —— possibly taking place after hours. Compared to the week prior live Tuesday 12.66-12.76 6.05 4.51-4.56 —— sales were reported from 110.00-112.00 which was steady to 4.00 Wednesday 12.74-12.84 6.27 4.60-4.65 —— Thursday 12.85-12.95 6.27 4.69-4.74 —— higher and dressed sales from 175.00-176.00 which was 3.00-4.00 Friday Holiday —— higher. Last Thursday’s Missouri Stocker Formula consisted of 208 head with a weighted average weight of 554.63 and a price S.E. MO Friday** Holiday —— —— value of 152.62, up 1.16 compared to last Friday. Supply included: Monday 12.74-12.92 —— 4.76-4.95 —— 73% Feeder Cattle (73% Steers, 23% Heifers, 3% Bulls); 9% Tuesday 13.15-13.33 —— 4.85-5.04 —— Slaughter Cattle (2% Steers, 85% Cows, 14% Bulls); 18% Re- Wednesday 13.24-13.41 —— 4.94-5.13 —— Thursday 13.36-13.52 —— 5.03-5.22 —— placement Cattle (1% Stock Cows, 66% Bred Cows, 18% Bred Friday Holiday —— —— Heifers, 14% Cow-Calf Pairs). Feeder cattle supply over 600 lbs (PRICES PER BUSHEL) was 75%. *NEW CROP **PREVIOUS WEEK’S PRICES Weekly Market Summary Published by: Chris Chinn, Director Missouri Department of Agriculture Davin Althoff, Division Director Ag Business Development Division Tony Hancock, Editor Market News Program agmarketnews.mo.gov http://www.ams.usda.gov/marketnews.htm Michael L. Parson, Governor Volume XLI, Number 2 ♦ P.O. Box 630, Jefferson City, MO 65102 ♦ (573) 751-4211 ♦ Monday, January 11, 2021 MISSOURI WEEKLY FEEDER CATTLE WEIGHTEDAVERAGE REPORT Receipts: 59,347 Week ago: 2783 Year ago: 58,533 Steers and Heifers Medium and Large 1—Weighted average weights and prices STEERS: Medium and Large 1 HEIFERS: Medium and Large 1 283 lbs. 160.19 475 lbs. 173.77 674 lbs. 141.80 861 lbs. 132.65 340 lbs. 150.06 524 lbs. 137.71 719 lbs. 126.23 981 lbs. 116.60 331 lbs. 178.45 527 lbs. 165.01 722 lbs. 138.17 915 lbs. 126.95 377 lbs. 150.41 573 lbs. 133.05 766 lbs. 125.44 379 lbs. 179.39 567 lbs. 157.71 774 lbs. 135.19 954 lbs. 128.00 426 lbs. 147.50 625 lbs. 130.63 810 lbs. 124.83 428 lbs. 176.91 624 lbs. 146.44 821 lbs. 133.26 1003 lbs. 126.10 476 lbs. 141.96 673 lbs. 129.58 862 lbs. 124.62 Missouri Stocker Formula for 01/11/2021 Friday’s Missouri Stocker Formula consists of 10,436 head with a Missouri Stocker Formula weighted average weight of 560.95 lbs. and a price value of 153.69, 180 - 1.07 higher than last Monday. 175 .... , This a rolling seven day calculated weighted value which combines all 116705 ~-..-..... ~ '-... .· - - Finege dferor mS te4e0r0s- 6re4p9o rltbesd. ibny tMheD MAe/UdiSuDmA a nMda rLkaertg Ne e1w asn Sd eMrveicdei uwme iagnhd- 116550 "- - - ~- ...-. ...... ---.,;:::a Large 1-2 frame and muscle classifications, including all comment .........- cattle except Brahman X. 150 145 SOUTH CENTRAL MISSOURI WEEKLY SUMMARY 140 (West Plains, Ava) 135 Receipts: 9526 Three Weeks ago: 3249 Year Ago: 11,845 130 Compared to three weeks ago, feeder steers steady to 3.00 higher, heif- Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec ers uneven from 2.00 lower to 3.00 higher. Slaughter cows and bulls --Missouri Stocker Fonnula2019 - Missouri Stocker Fonnula2020 steady to 2.00 higher. *Graph is updated the first Friday of each month. STEERS: HEIFERS: SOUTHWEST MISSOURI WEEKLY SUMMARY Medium and Large 1 Medium and Large 1 (Joplin and Springfield) Feeder Cattle Receipts: 23,852 Two Weeks Ago: 7612 Year ago: 17,298 300-400 lbs. 172.00-200.00 300-400 lbs. 144.00-152.00 Cow and Bull Receipts: 1453 Two Weeks ago: 2042 Year ago: 2113 400-500 lbs. 162.00-183.00 400-500 lbs. 135.00-152.50 Compared to two weeks ago, feeder calves steady to 5.00 higher, year- 500-600 lbs. 145.00-178.00 500-600 lbs. 120.00-141.00 lings steady to 3.00 lower. Slaughter cows and bulls 6.00 to 7.00 higher 600-700 lbs. 134.00-150.50 600-700 lbs. 119.00-133.00 early week, and steady late week. 700-800 lbs. 126.00-144.00 700-800 lbs. 117.50-134.00 800-900 lbs. 120.00-138.00 STEERS: HEIFERS: Medium and Large 1 Medium and Large 1 Holsteins: SLAUGHTER COWS: 300-400 lbs. 169.00-192.00 300-400 lbs. 145.00-157.50 Large 3 Breaking and Boning (70-85% lean) 400-500 lbs. 165.00-189.00 400-500 lbs. 128.50-152.00 46.00-58.00, high dressing 55.00- 500-600 lbs. 144.00-175.00 500-600 lbs. 126.25-140.00 Scarce Scarce 65.00, low dressing 42.00-53.00. 600-700 lbs. 132.00-152.00 600-700 lbs. 119.00-134.00 Lean (85-90%) 39.00-49.00 700-800 lbs. 130.00-145.50 700-750 lbs. 114.00-130.00 800-900 lbs. 124.25-139.50 800-900 lbs. 115.50-126.50 900-950 lbs. 128.00-131.00 SLAUGHTER BULLS: REPLACEMENT COWS: HOLSTEINS: SLAUGHTER COWS: Breaking Yield Grade 1-2 1175-2300 lbs. Medium and Large 1-2 2-8 yrs 960- Large 3 and Boning (70-85% lean) 46.00- 60.00, high dressing 53.00-64.50; 73.00-86.00; high dressing 85.00 1590 lbs 2nd to 3rd stage 900.00- low dressing 39.00-55.00. Lean -98.00; low dressing 52.00-77.00 1200.00 per head Scarce Scarce (85-90%) 37.00-47.00 COW & CALF PAIRS: Medi- SLAUGHTER BULLS: Yield um and Large 1-2 2-8 yrs 700- Grade 1-2 1150-2190 lbs 75.00- 1225 lbs with 150-300 lb calves 86.00; high dressing 86.00-94.50; 900.00-1300.00 per pair low dressing 62.00-75.00 REPLACEMENT COWS: Medium COW & CALF PAIRS: Medium and Large 1 2-8 yrs 1360 lbs 2nd to and Large 1-2 2-8 yrs 1085-1100 3rd stage 1175.00-1250.00. Medium lbs with 150-300 lb calves 1175.00 and Large 1-2 2-8 yrs 950-1365 lbs -1350.00 per pair The Weekly Market Summary, as well as historical 2nd to 3rd stage 850.00-1150.00, 1st summaries, are available on our website stage 725.00-885.00 per head https://agmarketnews.mo.gov/summaries Market News Hotline: 1-573-522-9244 WEST CENTRAL MISSOURI WEEKLY SUMMARY SOUTHEAST MISSOURI WEEKLY SUMMARY (Sedalia, Kingsville, Windsor, Butler) (Patton, Farmington) Receipts: 8189 Week ago: 848 Year ago: 10,423 Receipts: 1959 Three Weeks ago: 1361 Year ago: 2046 Compared to last week, steers and heifers uneven from 4.00 lower to Compared to three weeks ago, steers and heifers steady to 6.00 higher. 5.00 higher, with the increase on calves and decline on yearlings. Slaughter cows and bulls 1.00 to 3.00 higher. Slaughter cows steady to 5.00 lower. FEEDER STEERS: FEEDER HEIFERS: FEEDER STEERS: FEEDER HEIFERS: Medium and Large 1 Medium and Large 1 Medium and Large 1 Medium and Large 1 400-500 lbs. 152.50-188.00 400-500 lbs. 136.75-170.00 500-600 lbs. 140.00-175.00 500-600 lbs. 125.50-156.00 300-400 lbs. 150.00-175.00 300-400 lbs. 125.00-140.00 600-700 lbs. 135.10-153.00 600-700 lbs. 123.00-146.25 400-500 lbs. 150.00-171.00 400-500 lbs. 121.00-140.00 700-800 lbs. 128.50-144.50 700-800 lbs. 118.00-136.50 500-600 lbs. 131.00-163.00 500-600 lbs. 114.00-133.00 800-900 lbs. 124.00-135.25 600-700 lbs. 125.00-147.75 600-700 lbs. 113.00-132.50 177 hd 954 lbs. 128.00 700-800 lbs. 121.00-134.00 700-800 lbs. 110.00-124.00 SLAUGHTER BULLS: Yield SLAUGHTER COWS: Breaking REPLACEMENT COWS: Medium SLAUGHTER COWS: Breaking Grade 1-2 1065-2315 lbs 74.00- and Boning (70-85% lean) 42.00 and Large 2 2-8 yrs 955-1590 lbs and Boning (75-85% lean) 40.00 86.50, high dressing 87.00-90.00; -58.00, high dressing 51.00- 1st to 3rd stage 600.00-1075.00 per -50.50; high dressing 47.50- low dressing 59.00-73.50 62.50. Lean (85-90%) 37.00- head 62.00. Lean (85-90% lean) 30.00 48.50 -44.00 REPLACEMENT COWS: Medium COW & CALF PAIRS: Medi- COW & CALF PAIRS: Medium SLAUGHTER BULLS: Yield and Large 1-2 2-8 yrs 1075-1495 lbs um and Large 1-2 2-8 yrs 1000- and Large 2 2-8 yrs 1000-1420 lbs Grade 1-2 1305-2125 lbs 67.00- 2nd to 3rd stage 900.00-1125.00 per 1400 lbs with 150-300 lb calves with baby to 150 lb calves 700.00- 73.00; high dressing 70.00-84.00 head 825.00-1150.00 per pair 850.00 per pair NORTHEAST MISSOURI WEEKLY SUMMARY EAST CENTRAL MISSOURI WEEKLY SUMMARY (Bowling Green, Kingdom City, Palmyra) (Cuba, Vienna) Receipts: 7049 Week ago: 2298 Year ago: 5372 Receipts: 2685 Week ago: 1859 Year ago: 4127 Compared to last week, steers under 600 lbs fully steady to 3.00 high- Compared to three weeks ago steers under 650 lbs 2.00-8.00 higher, er, over 600 lbs 3.00 to 6.00 lower. Heifers under 600 lbs near steady, over steady. Heifers steady to 4.00 higher. Slaughter cows steady to over 600 lbs steady to 5.00 lower. Slaughter cows steady. 2.00 higher. FEEDER STEERS: FEEDER HEIFERS: FEEDER STEERS: FEEDER HEIFERS: Medium and Large 1 Medium and Large 1 Medium and Large 1 Medium and Large 1 400-500 lbs. 176.00-191.00 450-500 lbs. 141.00-148.50 400-500 lbs. 163.00-180.00 400-500 lbs. 140.00-165.00 500-600 lbs. 153.00-179.50 500-600 lbs. 131.50-147.50 500-600 lbs. 145.00-174.00 500-600 lbs. 127.50-140.00 600-700 lbs. 136.25-154.00 600-700 lbs. 122.00-142.50 600-700 lbs. 133.00-152.75 600-700 lbs. 121.00-133.50 700-800 lbs. 130.00-146.00 700-800 lbs. 128.50-134.85 700-800 lbs. 125.75-140.25 700-800 lbs. 112.00-122.50 800-900 lbs. 119.50-136.10 106 hd 981 lbs. 117.10 800-850 lbs. 118.00-126.75 Pkg 824 lbs.. 122.25 SLAUGHTER BULLS: Yield SLAUGHTER COWS: Breaking REPLACEMENT COWS: Medium SLAUGHTER COWS: Break- Grade 1-2 1405-2270 lbs 75.50- and Boning, (70-85% lean) 50.00- and Large 1 2-8 yrs 950-1500 lbs ing and Boning (70-85% lean) 86.00; high dressing 85.50-87.00; 60.25; high dressing 57.00-69.00. low dressing 70.50-74.00 Lean (85-90%) 44.00-54.50 1st to 3rd stage 760.00-1150.00 per 50.00-53.50. Lean (85-90%) head 40.00-48.00 SLAUGHTER STEERS: Choice BRED COWS: Medium and Large and Prime 2-3 115.00. Choice 2-3 1 2-4 yrs 1173-1406 lbs 3rd stage COW & CALF PAIRS: Medium SLAUGHTER BULLS: Yield 107.00-112.50. Choice 3-4 107.50. 1625.00-1875.00; 2-8 yrs 1266- and Large 1-2 5-8 yrs 1150-1400 Grade 1-2 1300-2400 lbs 73.00- Select and Choice 1-3 101.00- 1413 lbs 3rd stage 1550.00- lbs with baby to 300 lb calves bred 80.00; high dressing 81.50- 107.75 1600.00. Medium and Large 1-2 2- back 1200.00-1350.00 per pair 84.50 SLAUGHTER HEIFERS: Choice 8 yrs 1098-1506 lbs 2nd to 3rd 2-3 108.00-111.00.Select and stage 1225.00-1575.00 per pair Choice 4-5 100.00-102.00 NORTHWEST MISSOURI WEEKLY SUMMARY NORTH CENTRAL MISSOURI WEEKLY SUMMARY (St Joseph) (Macon, Unionville, Green City, New Cambria) Receipts: 2411 Week Ago: 1939 Year ago: 4434 Receipts: 7814 Week ago: 648 Year ago: 7732 No recent sales for a price comparison. Compared to two weeks ago, feeder calves unevenly steady from 2.00 lower to 4.00 higher. Yearlings 3.00 to 7.00 lower. Slaughter cows from 5.00 lower to 5.00 higher. EEDER STEERS: FEEDER HEIFERS: FEEDER STEERS: FEEDER HEIFERS: Medium and Large 1 Medium and Large 1 Medium and Large 1 Medium and Large 1 400-500 lbs. 175.00-194.00 400-500 lbs. 143.00-162.50 500-600 lbs. 153.25-183.50 500-600 lbs. 133.00-156.25 400-500 lbs. 163.25-180.00 400-500 lbs. 136.50-149.75 600-700 lbs. 142.50-160.00 600-700 lbs. 127.50-142.25 500-600 lbs. 158.00-178.00 500-600 lbs. 131.00-138.25 700-800 lbs. 131.50-147.50 700-750 lbs. 125.00-135.75 600-700 lbs. 136.85-156.00 600-700 lbs. 125.50-132.50 800-900 lbs. 123.50-135.50 Pkg 836 lbs. 128.00 700-800 lbs. 131.00-142.25 700-800 lbs. 119.50-124.50 800-850 lbs. 125.00-129.00 BRED COWS: Scarce SLAUGHTER COWS: Breaking and Boning (75-85% lean) 51.00- SLAUGHTER BULLS: Yield SLAUGHTER COWS: Breaking 65.00; high dressing 59.00-64.00.; Grade 1-2 1895-2390 lbs 80.00- and Boning (75-85% lean) 52.00- low dressing 44.50-64.00. Lean (85- 84.00 60.00. Lean (85-90%) 45.00-52.00 90%) 43.50-55.00 BRED COWS: Scarce COW CALF PAIRS: Scarce COW & CALF PAIRS: Scarce SLAUGHTER BULLS: Yield Grade 1-2 1525-2435 lbs 74.00- 86.00 MISSOURI WEEKLY DIRECT WEEKLY COMMODITY GRAIN FUTURES TRENDS SLAUGHTER CATTLE REPORT 01/08/21 Compared to last Thursday, Soybeans 0.38 to 0.52 higher, Wheat 0.11 to 0.13 higher, Corn 0.10 to 0.34 higher, KC Wheat 0.13 to 0.15 Weekly Receipts: 360 Week ago: 640 Year ago: 480 higher, Soybean Meal 8.40 to 17.60 higher. Trading this week: flat dressed sales 1.00 higher and grid dressed sales steady to 1.00 lower. Daily Grain Futures Closes LIVE STEERS & HEIFERS: DRESSED STEERS & HEIFERS: No sales reported 4 loads Wed flat 177.00 Mon. Tues. Wed. Thu. Fri. GRADE AND WEIGHT (Grid): 5 loads Thu 178.00 Soybeans Jan 1316 1/2 1350 1365 1/4 1360 1/2 1375 3/4 Mar 1313 1347 1361 1/2 1355 1/4 1374 3/4 May 1311 1/4 1346 1/4 1360 1/4 1353 3/4 1371 1/4 NATIONAL DIRECT DELIVERED FEEDER PIG REPORT Jul 1303 1/4 1335 1/2 1347 1341 3/4 1358 01/08/21 Receipts: 126,265 Week ago: 82,206 Aug 1265 1294 1/2 1304 1/2 1298 1/4 1312 Supply includes 45% formulated prices. Early weaned pigs 10-12 lbs basis: Formula 37.00-65.00, weighted av- Wheat erage 57.56. Cash 38.25-58.04, weighted average 45.73 Mar 642 654 647 1/2 642 1/4 638 3/4 Feeder pigs 40 pounds basis: Cash 61.00-74.00, weighted average 68.80 May 640 1/2 653 1/4 648 643 1/4 640 3/4 Jul 629 3/4 640 1/4 639 634 631 3/4 WEEKLY LIVESTOCK SLAUGHTER 01/08/21 Sep 631 1/2 641 1/4 640 1/2 636 1/4 634 Cattle Hogs Sheep Dec 638 3/4 648 1/4 647 3/4 643 3/4 641 3/4 Week to Date: 651,000 2,849,000 35,000 Last Week: 515,000 2,168,000 30,000 Corn Last Year: 643,000 2,695,000 36,000 Mar 483 3/4 654 495 494 496 1/4 May 484 1/4 653 1/4 496 495 1/2 497 1/2 WHOLESALE FEEDSTUFFS PRICES 01/05/21 Jul 482 1/4 640 1/4 494 493 1/2 494 3/4 (DOLLARS PER TON-BULK BASIS) Sep 447 1/4 641 1/4 455 1/2 455 1/4 456 1/2 Dec 434 1/2 648 1/4 441 1/4 441 440 1/2 Soybean Soybean Cottonseed Area Hulls - Meal 48% Meal 41% Meat Wheat KC Wheat Meal Middlings Mar 599 1/2 491 3/4 603 1/2 594 1/2 594 3/4 Bulk Solvent Solvent May 603 1/4 492 1/2 607 1/2 603 599 1/4 Kansas City 130.00 438.30 475.00 350.00 195.00 Jul 605 490 1/2 609 3/4 606 602 1/2 Sep 609 452 614 1/2 611 1/4 607 1/4 St. Louis N/A 459.50 470.00 N/A 180.00 Dec 616 1/2 438 1/2 622 619 615 SB Meal NATIONAL BOXED BEEF CUTOUT/BOXED BEEF CUTS Jan 427.20 435.40 443.30 438.00 444.80 Mar 423.70 431.80 438.30 432.20 439.60 Date Choice Select Total Loads May 421.40 428.50 434.30 430.50 435.80 Jul 419.00 425.00 429.80 427.10 432.60 01/08 206.80 196.69 138 Aug 407.00 412.20 416.70 415.50 420.20 01/07 205.81 196.59 176 WEEKLY COMMODITY FUTURES TRENDS Compared to last Thursday, Live Cattle 0.05 to 0.80 higher, Lean 01/06 205.27 196.08 204 Hogs Feb and Apr 1.15 to 3.32 higher, others 0.32 to 0.70 higher, Feeder Cattle 1.78 to 2.37 lower. 01/05 205.90 196.49 204 Daily Futures Closes 01/04 209.87 196.53 102 Mon. Tues. Wed. Thu. Fri. 5 Day Simple 206.73 196.48 Average Cattle Feb 112.30 115.05 115.00 114.97 114.47 Diamond - TS Whites Sheep and Goat Auction 01/07/21 Apr 116.25 119.10 119.27 119.50 119.30 Jun 112.57 114.67 114.95 115.37 115.27 Receipts: 501 Last Reported (12/17/20): 764 Last Year: 347 Aug 112.65 114.12 114.52 114.90 114.82 Oct 116.42 117.60 118.05 118.37 118.42 (All prices CWT unless noted.) SHEEP: Slaughter lambs wooled and shorn Choice and Prime 1-3 pkg 72 lbs 245.00. Choice 1-3 pkg 72 lbs Lean Hogs 215.00. Hair Choice and Prime 1-3 30-40 lbs 310.00-340.00; 40-50 lbs Feb 71.22 70.92 69.77 69.12 68.70 335.00-345.00; 50-60 lbs 320.00-355.00; 60-70 lbs 275.00-320.00; 70-80 Apr 73.62 74.10 73.00 73.05 72.82 lbs 292.50-295.00. Choice 1-3 lot 37 lbs 235.00; pkg 55 lbs 257.50; pkg May 77.75 78.45 77.60 77.92 77.82 88 lbs 240.00; pkg 90 lbs 240.00. Good 1-2 pkg 86 lbs 205.00; pkg 93 lbs Jun 83.87 84.20 83.62 84.12 83.75 195.00. Good 2-3 pkg 95 lbs 130.00; 100-145 lbs 122.50-140.00; pkg 105 Jul 84.25 84.42 83.82 84.67 84.52 lbs fancy 155.00. Utility and Good 1-3 pkg 85 lbs 120.00; pkg 101 lbs 115.00. Hair bucks 1-2 pkg 92 lbs 195.00. GOATS: Feeder kids Selection Fdr Cat 1 pkg 27 lbs 390.00; pkg 28 lbs fancy 410.00; 30-40 lbs 345.00-380.00, Jan 134.95 136.67 135.77 136.70 135.82 fancy 385.00; 40-50 lbs 330.00-350.00. Selection 2 20-30 lbs 250.00- Mar 136.02 137.42 136.57 137.57 136.82 310.00, pygmies 257.50. Selection 3 pkg 35 lbs pygmies 205.00. Slaughter Apr 138.05 139.37 138.62 139.67 139.07 kids Selection 1 50-60 lbs 330.00-350.00; 60-70 lbs 335.00-350.00; pkg May 139.67 140.85 140.15 141.25 140.62 71 lbs 287.50; pkg 82 lbs fancy 305.00. Selection 2 50-60 lbs 290.00- Aug 146.95 147.70 147.12 148.22 147.70 310.00, pygmies 295.00; 60-70 lbs 270.00-320.00; 70-80 lbs 225.00- 240.00. Selection 3 pkg 66 lbs 235.00. Slaughter nannies/does Selection 1- Milk 2 70-80 lbs 215.00-220.00, pygmies 185.00; 80-100 lbs 190.00-215.00; Jan 15.42 16.17 16.66 16.85 16.66 100-140 lbs 175.00-200.00. Selection 3 75-85 lbs 155.00-165.00. Bucks/ Feb 17.12 17.87 19.03 19.46 19.68 billies Selection 1-2 pkg 70 lbs pygmies 190.00; 120-140 lbs 205.00- Mar 17.28 18.03 18.97 19.13 19.08 210.00; 170-182 lbs 205.00-230.00. Replacements: Bucks/billies Selection 1-2 yearlings 105-130 lbs 245.00-300.00. NATIONAL DAILY DIRECT PRIOR DAY HOG REPORTS FOR 01/08/2021 BARROWS AND GILTS (Carcass Basis): 5,967 head Base Price 44.00-57.40, weighted average 54.99 SOWS (Live Basis): 8,636 head 300-500 lbs. 25.00-48.75 Over 500 lbs. 26.00-49.88 Grain Crushings and Co-Products Production 01/04/21 Afternoon National Slaughter Cattle Review for 01/08/21 So far for Friday in Kansas, Nebraska and Western Cornbelt nego- Total corn consumed for alcohol and other uses was 481 million bushels tiated cash trading has been limited on light demand. In Nebraska a in November 2020. Total corn consumption was down less than 1 per- few dressed purchases traded at 176.00 steady with the last report- cent from October 2020 and down 5 percent from November 2019. No- ed market on Thursday. On Thursday live purchases traded from vember 2020 usage included 91.9 percent for alcohol and 8.1 percent for 110.00-111.00. In the Western Cornbelt and Kansas not enough other purposes. Corn consumed for beverage alcohol totaled 3.95 mil- purchases for a market trend. Thus far for Friday in the Texas Pan- lion bushels, up 20 percent from October 2020 and up 16 percent from handle and Colorado negotiated cash trading was at a standstill. November 2019. Corn for fuel alcohol, at 432 million bushels, was Thursday was the last fully reported market in these regions. In the down 1 percent from October 2020 and down 5 percent from November Southern Plains and Colorado live purchases traded at 112.00. In 2019. Corn consumed in November 2020 for dry milling fuel production the Western Cornbelt live and dressed purchases traded at 110.00 and wet milling fuel production was 90.1 percent and 9.9 percent, re- and 175.00-177.00, respectively spectively. Dry mill co-product production of distillers dried grains with solubles Negotiated Sales: (DDGS) was 1.79 million tons during November 2020, down 2 percent from October 2020 and down 5 percent from November 2019. Distillers Confirmed: 19,316 Week Ago: 0 Year 63,706 wet grains (DWG) 65 percent or more moisture was 1.08 million tons in I I I IA go: I I I November 2020, up 7 percent from October 2020 but down 20 percent from November 2019. Live Basis Steers Heifers Wet mill corn gluten feed production was 295,358 tons during Novem- ber 2020, up 1 percent from October 2020 and up 9 percent from No- Over 80% Choice 109.00-112.00, avg 110.00-112.00, avg vember 2019. Wet corn gluten feed 40 to 60 percent moisture was 110.31 110.83 230,611 tons in November 2020, down 6 percent from October 2020 and down 12 percent from November 2019. 65-80% Choice - - 35-65% Choice - - 0-35% Choice - - Total All Grades 109.00-112.00, avg 110.00-112.00, avg 110.31 110.83 Dressed Basis Steers Heifers Over 80% Choice 174.00-176.00, avg 174.00-176.00, avg 175.46 175.62 65-80% Choice 175.00-176.00, avg - 175.49 35-65% Choice - - MISSOURI GRAIN WEEKLY TRENDS 0-35% Choice - - Compared to last Thursday, Soybeans 0.55 to 0.70 higher, Wheat 0.02 lower to 0.23 higher, Corn 0.06 to 0.17 higher, Sorghum 0.12 Total All Grades 174.00-176.00, avg 174.00-176.00, avg higher. 175.46 175.62 Area #1 Soybeans #2 Soft #2 Corn #2 Grain Missouri Weekly Cattle Auction Summary 01/11/21 Wheat Sorghum Receipts: 59,347 Week ago: 2783 Year ago: 58,533 Kansas City Compared to very light receipts over the last two weeks, feeders under 600 Friday** Holiday lbs. sold 1.00 to 5.00 higher, with some 4 weights seeing sharply higher Monday 12.97-13.07 6.56 4.84-4.90 5.79 tops on some thinner fleshed high quality groups. Feeders over 600 lbs. Tuesday 13.30-13.37 6.68 4.92-4.98 5.87 sold mostly 2.00 to 5.00 lower. Typically the largest volume week of the Wednesday 13.45-13.52 6.62 4.95-5.01 5.90 year and the first week of 2021 set a pretty high bar with a very heavy Thursday 13.41-13.45 6.58 4.94 5.89 Friday 13.56-13.65 6.53 4.96 5.91 supply of cattle covering the entire weight spectrum. Weather conditions over all were pretty favorable for transporting cattle and auctions ran late St. Louis into the night at most locations. Some farmers are dealing with a little bit Friday** Holiday of mud in a few areas of the state mostly in the south, as temperatures Monday 13.52 6.67-6.82 5.17-5.19 5.54-5.56 Tuesday 13.84-13.85 6.79-6.94 5.27 5.62-5.64 aren’t staying cold enough to keep the ground frozen. Demand was moder- Wednesday 14.00 6.73-6.88 5.35 5.65-5.67 ate to good, even though prices were lower on heavier weight cattle buyers Thursday 13.90-13.93 6.67-6.82 5.29-5.34 5.64-5.66 still fought hard and bidding was active just lower price levels and many Friday 14.08-14.11 6.79-6.89 5.30-5.35 5.66-5.68 reporters noted that markets held whatever levels they had established - though out the long auctions. Light weight grazing type calves with many Central more days left found the best demand as there is a lot more time for them Friday** Holiday —— Monday 12.83-12.97 6.28 4.69-4.74 —— to offer opportunities for profit. The steer/heifer spread is about 15.00 on Tuesday 13.17-13.27 6.40 4.77-4.82 —— the lighter weights and 10.00 on the heavier which is much more in line Wednesday 13.32-13.42 6.34 4.80-4.85 —— with what is generally expected. Feedlot sales for the week as of Friday Thursday 13.25-13.35 6.28 4.79-4.84 —— were just under 73k prices were mixed with live sales ranged from 109.00- Friday 13.45-13.55 6.25 4.81-4.86 —— 112.50 with an average price late Thursday of 111.54 which would be S.E. MO slightly higher. Dressed sales ranged from 174.00 all the way up to 180.00 Friday** Holiday —— —— on a few lots, the average as of late Thursday was 176.10 which would Monday 13.30-13.54 —— 5.02-5.22 —— also be a touch higher. Friday’s sales were a bit lower and likely going to Tuesday 13.68-13.87 —— 5.17-5.30 —— pull those averages down to about even with the previous week. Boxed Wednesday 13.83-14.02 —— 5.21-5.36 —— beef cutouts were also mixed choice closed Friday at 206.80 down 3.15 Thursday 13.79-14.00 —— 5.21-5.36 —— Friday 13.99-15.16 —— 5.24-5.38 —— and select closed 196.69 up 1.01. Friday’s Missouri Stocker Formula consists of 10,436 head with a weighted average weight of 560.95 lbs. and (PRICES PER BUSHEL) a price value of 153.69, 1.07 higher than last Monday. *NEW CROP **PREVIOUS WEEK’S PRICES Weekly Market Summary Published by: Chris Chinn, Director Missouri Department of Agriculture Davin Althoff, Division Director Ag Business Development Division Tony Hancock, Editor Market News Program agmarketnews.mo.gov http://www.ams.usda.gov/marketnews.htm Michael L. Parson, Governor Volume XLI, Number 3 ♦ P.O. Box 630, Jefferson City, MO 65102 ♦ (573) 751-4211 ♦ Monday, January 18, 2021 MISSOURI WEEKLY FEEDER CATTLE WEIGHTEDAVERAGE REPORT Receipts: 43,730 Week ago: 59,347 Year ago: 25,528 Steers and Heifers Medium and Large 1—Weighted average weights and prices STEERS: Medium and Large 1 HEIFERS: Medium and Large 1 330 lbs. 186.96 524 lbs. 165.30 723 lbs. 135.59 913 lbs. 128.79 330 lbs. 153.12 521 lbs. 134.88 720 lbs. 124.74 379 lbs. 181.00 570 lbs. 154.20 773 lbs. 131.67 374 lbs. 149.48 575 lbs. 131.48 769 lbs. 121.94 429 lbs. 178.45 626 lbs. 143.91 826 lbs. 128.85 427 lbs. 143.62 625 lbs. 127.91 826 lbs. 117.93 477 lbs. 172.53 672 lbs. 140.23 867 lbs. 127.47 475 lbs. 142.01 669 lbs. 126.29 Missouri Stocker Formula for 01/18/2021 Friday’s Missouri Stocker Formula consists of 9976 head with a Missouri Stocker Formula weighted average weight of 558.00 lbs. and a price value of 152.18, 180 - 1.50 lower than last Monday. 175 .... , This a rolling seven day calculated weighted value which combines all 116705 ~-..-..... ~ '-... .· - - Finege dferor mS te4e0r0s -r6e4p9o rltbesd. ibny tMheD MAe/UdiSuDmA a nMda rLkaertg Ne e1w asn Sde Mrveicdei uwme iagnhd- 116550 "- - - ~- ...-. ...... ---.,;:::a Large 1-2 frame and muscle classifications, including all comment .........- cattle except Brahman X. 150 145 SOUTH CENTRAL MISSOURI WEEKLY SUMMARY 140 (West Plains, Ava) 135 Receipts: 9266 Week ago: 9526 Year Ago: 5424 130 Compared to last week, feeder calves steady to 3.00 higher, yearlings Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec mostly steady to 4.00 lower. Slaughter cows steady to 1.00 lower. --Missouri Stocker Fonnula2019 - Missouri Stocker Fonnula2020 Slaughter bulls steady to 2.00 lower. *Graph is updated the first Friday of each month. STEERS: HEIFERS: Medium and Large 1 Medium and Large 1 SOUTHWEST MISSOURI WEEKLY SUMMARY (Joplin and Springfield) Feeder Cattle Receipts: 9623 Week Ago: 23,852 Year ago: 7619 300-400 lbs. 177.50-192.00 300-400 lbs. 145.00-162.00 Cow and Bull Receipts: 2542 Week ago: 1453 Year ago: 1347 400-500 lbs. 164.00-187.00 400-500 lbs. 134.00-148.00 Compared to last week, lightweight calves firm to 3.00 higher, over 500 500-600 lbs. 145.00-174.00 500-600 lbs. 124.00-140.00 lbs steady to 3.00 lower, spots up to 8.00 lower. Slaughter cows steady to 600-700 lbs. 134.00-153.00 600-700 lbs. 120.00-127.50 3.00 lower. Slaughter bulls 2.00 to 3.00 lower. 700-800 lbs. 129.00-141.00 700-800 lbs. 118.00-126.50 800-900 lbs. 124.00-131.75 Part load 821 121.00 STEERS: HEIFERS: lbs. Medium and Large 1 Medium and Large 1 Holsteins: SLAUGHTER COWS: 300-400 lbs. 181.00-200.00 300-400 lbs. 150.00-157.00 Large 3 Breaking and Boning (70-85% lean) 400-500 lbs. 167.00-186.00 400-500 lbs. 130.00-152.00 46.00-57.00, high dressing 56.00- 500-600 lbs. 145.00-172.00 500-600 lbs. 126.00-140.00 Lot 953 lbs. 60.00 60.00, low dressing 42.00-52.50. 600-700 lbs. 132.50-149.00 600-700 lbs. 125.00-138.00 Lean (85-90%) 38.00-48.00 700-800 lbs. 128.00-140.00 700-800 lbs. 117.00-127.00 800-900 lbs. 121.00-134.50 Lot 908 lbs. 131.50 SLAUGHTER BULLS: REPLACEMENT COWS: HOLSTEINS: SLAUGHTER COWS: Breaking Yield Grade 1-2 1055-2385 lbs. Medium and Large 1-2 2-8 yrs Large 3 and Boning (70-85% lean) 45.00- 58.00, high dressing 53.00-60.50; 73.00-84.00; high dressing 80.00 1080-1545 lbs 2nd to 3rd stage low dressing 37.50-54.00. Lean -90.00; low dressing 53.00-73.00 900.00-1100.00, 1st stage 850.00- 500-550 lbs. 70.00-88.00 (85-90%) 35.00-47.00 900.00 per head Pkg 646 lbs. 82.00 COW & CALF PAIRS: Medi- 700-800 lbs. 70.00-84.50 SLAUGHTER BULLS: Yield um and Large 1-2 2-8 yrs 1166- 800-900 lbs. 73.00-84.50 Grade 1-2 1165-2425 lbs 72.00- 1370 lbs some rebred 1st stage 84.00; high dressing 82.50-89.50; with 150-300 lb calves 1350.00- low dressing 59.00-75.00 1400.00 per pair REPLACEMENT COWS: Medium COW & CALF PAIRS: Medium and Large 1 2-8 yrs 1100-1386 lbs and Large 1 2-8 yrs pkg 1290 lbs 2nd to 3rd stage 1125.00-1550.00, with baby to 150 lb calves 1st stage 1100.00-1150.00. Medium 1650.00. Medium and Large 1-2 The Weekly Market Summary, as well as historical and Large 1-2 2-8 yrs 870-1367 lbs 910-1265 lbs with baby to 300 lb summaries, are available on our website 2nd to 3rd stage 850.00-1250.00, 1st calves 1050.00-1525.00; 1085- https://agmarketnews.mo.gov/summaries stage 700.00-1000.00 per head 1300 lbs rebred 1st to 2nd stage with 150 to over 300 lb calves Market News Hotline: 1-573-522-9244 1325.00-1775.00 per pair WEST CENTRAL MISSOURI WEEKLY SUMMARY SOUTHEAST MISSOURI WEEKLY SUMMARY (Sedalia, Kingsville, Windsor, Butler) (Patton, Farmington) Receipts: 10,172 Week ago: 8189 Year ago: 3538 Receipts: 1248 Week ago: 1959 Year ago: 1502 Compared to last week, feeders sold uneven with calves mostly steady Compared to last week, steers and heifers traded very uneven from to spots 5.00 higher and yearlings weak to 7.00 lower. Slaughter cows 8.00 lower to 4.00 higher. Slaughter cows and bulls steady. sold steady to 3.00 higher. FEEDER STEERS: FEEDER HEIFERS: FEEDER STEERS: FEEDER HEIFERS: Medium and Large 1 Medium and Large 1 Medium and Large 1 Medium and Large 1 400-500 lbs. 152.00-194.50 400-500 lbs. 133.50-162.00 500-600 lbs. 140.00-180.00 500-600 lbs. 124.00-154.00 300-400 lbs. 150.00-177.50 300-400 lbs. 125.00-137.00 600-700 lbs. 130.50-150.00 600-700 lbs. 118.00-137.50 400-500 lbs. 150.00-170.00 400-500 lbs. 121.00-145.00 700-800 lbs. 124.00-143.50 700-800 lbs. 115.00-133.50 500-600 lbs. 130.00-157.00 500-600 lbs. 120.00-134.00 800-900 lbs. 124.35-130.25 800-850 lbs. 110.00-118.25 600-700 lbs. 125.00-136.50 600-700 lbs. 114.00-124.50 900-950 lbs. 120.00-124.00 700-800 lbs. 120.00-128.00 700-750 lbs. 110.00-115.00 SLAUGHTER BULLS: Yield SLAUGHTER COWS: Breaking REPLACEMENT COWS: Medium SLAUGHTER COWS: Breaking Grade 1-2 1070-2225 lbs 77.00- and Boning (70-85% lean) 44.00 and Large 2 2-8 yrs 910-1375 lbs and Boning (75-85% lean) 39.00 87.50, high dressing 84.00-96.00; -58.00, high dressing 53.00- 1st to 3rd stage 400.00-875.00 per -51.00; high dressing 50.00- low dressing 54.00-77.00 61.00. Lean (85-90%) 42.00- head 60.00. Lean (85-90% lean) 30.00 48.00 -42.00 REPLACEMENT COWS: Medium COW & CALF PAIRS: Medi- COW & CALF PAIRS: Medium SLAUGHTER BULLS: Yield and Large 1 1367-1436 lbs 2nd to um and Large 1-2 2-8 yrs pkg and Large 2 couple 2-8 yrs 1200- Grade 1-2 1225-2035 lbs 60.00- 3rd stage 1175.00-1185.00. Medium 1000 lbs with baby to 150 lb 1280 lbs with 150-300 lb calves 75.00; high dressing 80.00-85.50 and Large 1-2 2-8 yrs 965-1705 lbs calves 1000.00 per pair 1st to 3rd stage 850.00-1110.00 per 885.00-1085.00 per pair head NORTHEAST MISSOURI WEEKLY SUMMARY EAST CENTRAL MISSOURI WEEKLY SUMMARY (Bowling Green, Kingdom City, Palmyra) (Cuba, Vienna) Receipts: 4982 Week ago: 7049 Year ago: 3724 Receipts: 3575 Week ago: 2685 Year ago: 707 Compared to last week, steers under 650 lbs mostly steady, 650-800 Compared to last week, steers under 550 lbs steady to 2.00 lower, over lbs steady to 6.00 lower, over 800 lbs not well tested. Heifers 400-500 550 lbs 2.00 to 7.00 lower. Heifers steady to 3.00 lower. Slaughter lbs mostly steady, over 500 lbs mostly 4.00 to 6.00 lower. Slaughter cows steady to 2.00 lower. cows steady to 2.00 lower. FEEDER STEERS: FEEDER HEIFERS: FEEDER STEERS: FEEDER HEIFERS: Medium and Large 1 Medium and Large 1 Medium and Large 1 Medium and Large 1 400-500 lbs. 179.00-191.00 400-500 lbs. 145.00-158.00 400-500 lbs. 161.00-185.00 400-500 lbs. 134.00-154.00 500-600 lbs. 148.00-177.00 500-600 lbs. 125.00-146.75 500-600 lbs. 140.00-173.50 500-600 lbs. 125.50-140.00 600-700 lbs. 122.00-152.25 600-700 lbs. 126.00-132.75 600-700 lbs. 125.00-145.00 600-700 lbs. 118.00-127.00 700-800 lbs. 12000-134.50 60 hd 750 lbs. 110.50-124.00 700-800 lbs. 122.00-137.50 700-800 lbs. 108.00-122.00 Pkg 810 lbs. 120.25 800-900 lbs. 117.00-125.00 Pkg 833 lbs.. 112.50 SLAUGHTER BULLS: Yield SLAUGHTER COWS: Breaking REPLACEMENT COWS: Medium SLAUGHTER COWS: Break- Grade 1-2 1320-2480 lbs 74.00- and Boning, (70-85% lean) 49.50- and Large 1-2 over 5 yrs 1100-1470 ing and Boning (70-85% lean) 85.00; high dressing 88.00-88.50; 63.50; high dressing 56.00-71.00. low dressing 60.00-74.50 Lean (85-90%) 44.00-52.50 lbs 1st to 3rd stage 700.00-950.00 48.00-53.00; few high dressing per head 52.00-54.00. Lean (85-90%) SLAUGHTER STEERS: Choice 2 BRED COWS: Medium and Large 38.00-45.50 -3 105.50-109.00. Select and 1-2 2-8 yrs 1257-1585 lbs 2nd to Choice 1-3 97.00-104.50. Select 3rd stage 1200.00-1625.00, 2nd COW & CALF PAIRS: Scarce SLAUGHTER BULLS: Yield and Choice 2-3 101.50-105.50. stage cows 960.00-1225.00 per Grade 1-2 1645-2235 lbs 68.00- Select 1-2 95.00-102.00 head 77.50 SLAUGHTER HEIFERS: Choice 2-3 105.00-108.00. Choice 4-5 103.50-105.00. .Select and Choice 1-3 98.00-104.00 NORTHWEST MISSOURI WEEKLY SUMMARY NORTH CENTRAL MISSOURI WEEKLY SUMMARY (St Joseph) (Macon, Unionville, Green City, New Cambria) Receipts: 2802 Week Ago: 2411 Year ago: 1796 Receipts: 6120 Week ago: 7814 Year ago: 3517 Compared to last week, steers steady to 6.00 lower. Heifers under 600 Compared to last week, steers and heifers 3.00 to 8.00 lower, spots lbs steady to 2.00 higher, over 600 lbs 1.00 to 3.00 lower. Slaughter 10.00 lower. Slaughter cows 3.00 to 5.00 lower. cows 1.00 to 3.00 lower. Slaughter bulls firm undertone. EEDER STEERS: FEEDER HEIFERS: FEEDER STEERS: FEEDER HEIFERS: Medium and Large 1 Medium and Large 1 Medium and Large 1 Medium and Large 1 400-500 lbs. 173.00-185.50 400-500 lbs. 143.50-154.25 500-600 lbs. 151.00-177.00 500-600 lbs. 133.00-145.50 400-500 lbs. 160.00-180.00 400-500 lbs. 138.50-150.00 600-700 lbs. 134.25-156.25 600-700 lbs. 124.00-136.25 500-600 lbs. 152.50-177.00 500-600 lbs. 129.50-140.00 700-800 lbs. 131.50-145.75 700-750 lbs. 120.50-137.50 600-700 lbs. 132.25-147.00 600-700 lbs. 118.00-130.00 800-900 lbs. 122.50-136.00 700-800 lbs. 123.50-136.75 700-750 lbs. 119.50-123.50 800-900 lbs. 115.50-123.00 BRED COWS: Scarce SLAUGHTER COWS: Breaking and Boning (75-85% lean) 45.00- SLAUGHTER BULLS: Yield SLAUGHTER COWS: Breaking 59.00; high dressing 62.00-67.00; Grade 1-2 1215-2045 lbs 80.00- and Boning (75-85% lean) 50.00- low dressing 41.00-50.00. Lean (85- 85.00; high dressing 88.00- 56.50. Lean (85-90%) 42.00-52.00 90%) 40.00-49.50 92.00; low dressing 68.00-75.00 COW & CALF PAIRS: Scarce SLAUGHTER BULLS: Yield BRED COWS: Scarce COW CALF PAIRS: Scarce Grade 1-2 1510-2285 lbs 69.50- 86.00; low dressing 68.00-76.00

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