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Monday, Dec. 22, 2014

Tennessee Feeder Cattle Weekly Summary

Saturday, December 1, 2012

Receipts on 9 TN Auctions: 6,784 3 Last Week: 2,400 12 Last Year: 
8,900

Trends: According to the Federal-State Market News Service, compared
to two weeks ago before the holiday break, Slaughter cows steady to
1.00 higher. Bulls mostly steady. Steers/bulls 1.00 to 4.00 higher,
weights under 400 lbs 7.00 to 15.00 higher. Heifers 2.00 to 5.00
higher.  Demand moderate to good.

Advances were seen on all weights as buyers eagerly secure numbers.
Boxed beef prices continue to struggle for upward mobility with Thursday
cutout value at 196.03 on choice and 174.90 on select, a 21.13 spread
between choice and select. Typically this time of year, demand centers
on higher quality cuts for holiday meals. Moisture is still limited in
many grazing areas of the country which makes it difficult to see why
calf prices are advancing. Warmer temps forecast into next week with
slight rain chances for the Tennessee area.  Recently, rain amounts have
been light throughout the state.

Slaughter Cows 735 head; Bulls 113 head; Total Feeders 5,509 head;
Feeder supply, Steers and bulls 3,290 head; Heifers 2,219; Steers
and heifers over 600 lbs 1,952; Replacement and/or feeder cows 427
head.

                      Slaughter Cows Breakers 75-80                       
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
          8   975-1195    1079     67.50-75.50       71.57                
          5  1010-1195    1116     60.00-73.00       64.22 Low Dressing   
         76  1205-1575    1409     65.00-77.50       71.91                
          7  1205-1560    1359     74.50-79.50       76.66 High Dressing  
         29  1230-1580    1401     58.00-71.50       65.22 Low Dressing   
          9  1610-1815    1704     64.50-73.00       70.13                
         10  1605-1940    1711     55.00-70.00       64.70 Low Dressing   

                       Slaughter Cows Boners 80-85                        
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         70   865-1195    1070     66.50-78.50       72.37                
          6  1080-1180    1145     77.50-82.00       79.33 High Dressing  
         16   890-1190    1068     60.50-73.00       66.74 Low Dressing   
         96  1205-1840    1390     67.00-78.00       72.80                
         22  1205-1975    1468     75.50-81.00       77.46 High Dressing  
         28  1200-1625    1341     62.50-72.00       67.02 Low Dressing   

                        Slaughter Cows Lean 85-90                         
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
          4   765-795      785     48.00-67.00       60.25 Low Dressing   
         57   860-1190    1027     58.50-71.50       66.43                
         37   880-1170    1015     47.50-63.00       58.22 Low Dressing   
         20  1200-1550    1323     62.00-72.00       65.62                
          7  1215-1410    1283     50.50-65.00       57.18 Low Dressing   

                          Slaughter Bulls Y.G. 1                          
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
          7  1165-1450    1349     82.00-92.00       87.31                
          7  1170-1485    1382     70.00-82.50       76.72 Low Dressing   
         33  1525-2415    1889     83.00-95.00       88.04                
         10  1655-2030    1818     89.50-98.50       94.40 High Dressing  
         13  1515-2305    1827     67.00-84.00       79.71 Low Dressing   



                    Feeder Steers Medium and Large 1-2                    
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
          4   225-245      238    168.00-197.50     180.34                
         36   255-295      277    160.00-232.00     201.52                
         42   300-349      325    160.00-215.00     185.00                
         60   350-398      374    146.00-185.00     166.88                
         56   400-448      423    142.00-175.00     160.57                
         89   450-498      470    136.00-170.00     150.28                
        116   500-549      526    137.00-155.00     145.07                
        150   550-599      579    128.50-151.00     140.49                
         17   560-585      573    138.50-157.00     143.58 Fancy          
        103   600-649      621    125.00-142.00     135.98                
         91   650-695      669    121.00-137.00     131.79                
         38   688-693      692    138.75-141.00     139.16 Value Added    
         49   700-745      720    119.00-136.50     128.51                
         67     740        740       143.95         143.95 Load           
         29   712-731      719    134.75-136.00     135.45 Value Added    
         49   750-796      771    116.00-133.25     127.10                
         10   770-773      773    132.50-134.00     132.65 Fancy          
         64     775        775       140.75         140.75 Load           
         18     756        756       131.50         131.50 Value Added    
         25   811-823      814    133.50-134.00     133.62 Value Added    
          7   850-875      864    117.00-125.00     120.50                
         13   901-915      905    120.00-122.50     121.58                
        110     900        900       132.70         132.70 Load           
          4  1005-1035    1026     96.00-115.00     102.90                

                         Feeder Steers Small 1-2                          
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
          9   360-390      380    136.00-170.00     151.11                
          5   420-445      435    140.00-155.00     149.20                

                     Feeder Steers Medium and Large 3                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
          7   210-230      222    145.00-212.50     173.89                
         10   250-295      278    140.00-197.50     161.20                
         20   300-345      326    137.00-195.00     159.61                
         25   350-395      374    135.00-160.00     148.97                
         18   405-440      422    133.00-152.50     143.55                
         17   450-495      470    125.00-151.00     139.32                
         16   505-545      521    115.00-138.00     123.46                
          9   560-590      570    120.00-139.00     127.68                
          8   605-648      626    120.00-126.00     122.86                
         12   650-698      682    115.00-125.00     120.93                
          4   705-740      724    115.00-123.00     118.71                
         10   750-795      769    104.00-120.00     113.11                
          7   805-843      825    101.00-117.00     111.95                


                    Feeder Bulls Medium and Large 1-2                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         18   350-395      373    148.00-168.00     155.34                
         57   400-449      422    139.00-170.00     152.79                
        104   450-495      471    128.50-162.50     142.14                
        132   500-548      526    120.00-154.00     135.59                
         96   550-598      577    116.50-145.00     128.43                
         91   600-645      622    115.00-132.00     124.82                
         96   650-697      673    107.00-127.50     120.98                
         31   700-745      719     95.00-128.00     114.38                
         24   750-795      764     93.00-117.50     106.59                
         15   800-838      819     91.00-118.00     101.49                
          5   850-865      855     93.00-110.00     100.34                

                          Feeder Bulls Small 1-2                          
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
          7   400-445      423    105.00-157.00     122.89                
         16   450-493      474    103.00-145.00     117.80                
         10   505-540      521    102.50-136.00     118.83                
          6   555-595      573    100.00-130.00     116.63                
          6   605-620      613     95.00-128.00     110.51                
          4   675-685      678     86.00-112.00      99.71                

                     Feeder Bulls Medium and Large 3                      
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         51   400-445      420    114.00-152.50     133.80                
         45   450-495      476    112.00-145.00     131.77                
         33   500-545      528    109.00-135.00     124.36                
         47   550-595      571     97.00-129.50     120.39                
         14   600-635      615    107.50-123.00     115.54                
         10   650-695      669     93.00-122.50     111.96                
         11   700-735      721     94.00-120.00     105.68                
          6   765-780      774     93.00-115.00     101.00                
          9   810-845      831     87.50-102.00      92.94                

                   Feeder Heifers Medium and Large 1-2                    
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
          7   225-240      230    130.00-172.50     148.47                
         23   250-295      279    120.00-175.00     154.05                
         59   300-349      332    133.00-167.50     149.85                
         73   350-395      375    126.00-159.00     142.67                
         14     373        373       152.00         152.00 Value Added    
        151   400-448      422    130.00-150.00     137.49                
        134   450-496      472    123.00-145.00     135.02                
         25     453        453       148.50         148.50 Value Added    
        203   500-549      527    120.00-137.00     129.09                
        148   550-595      572    115.50-134.50     125.35                
         10     567        567       129.00         129.00 Value Added    
        151   600-649      623    110.00-131.00     123.05                
         11     614        614       128.50         128.50 Value Added    
        100   650-697      672    110.00-128.00     120.38                
         12     657        657       128.00         128.00 Value Added    
         61   700-749      724    102.00-124.00     118.13                
          8     740        740       128.75         128.75 Fancy          
         37   750-795      768    106.00-121.00     113.50                
         12   800-830      813     96.50-111.00     107.77                
         11   807-827      822    118.00-121.00     120.20 Fancy          
          6   850-890      874     98.00-108.50     102.20                

                         Feeder Heifers Small 1-2                         
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
          5   310-345      332    112.50-132.50     121.50                
         18   400-445      421    100.00-135.00     121.12                
          7   455-485      474    104.00-128.00     113.41                
         16   500-545      525    100.00-125.00     111.36                
         11   550-595      571     88.00-115.00     107.48                
          8   600-645      618     93.00-115.00     108.09                

                    Feeder Heifers Medium and Large 3                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price                
         11   250-290      276    120.00-152.50     133.16                
         16   300-345      325    120.00-139.00     128.41                
         38   350-395      377    119.00-138.00     126.34                
         24   400-440      422    115.00-137.00     127.24                
         45   455-497      476    110.00-135.00     121.97                
         31   500-545      521    109.00-125.00     117.80                
         21   550-595      575    100.00-125.00     114.28                
         21   600-643      617     94.00-120.00     111.91                
         13   650-685      671    105.00-118.00     112.28                
          8   750-795      778     90.00-105.00     100.16                
          4   870-893      884     94.50-104.00      98.95

Source: Tennessee Dept of Ag-USDA Market News, Nashville, TN 
        Lewis Langell, OIC     (615) 837-5164
        www.ams.usda.gov/mnreports/nv_ls145.txt

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