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USDA-DC: Kansas Direct Feeder Cattle Summary

Dodge City, KS - Fri May 9, 2008 - USDA-KS Dept Ag Mkt News

 
Kansas Direct Feeder Cattle Summary
Feeder Cattle Weighted Average Report for 05/09/2008
 
Receipts:  8793    Last Week:  3089    Year Ago:  11,749
 
Compared with last week: Steers and heifers steady to 1.00 higher.  Country 
trade did not advance as much as auction trade.  Storms brought western Kansas 
good moisture amounts this week, 1-3 inches in most parts.  Isolated areas 
received storm damage from high winds and hail with the eastern and southeastern 
portions of the state receiving heavy rains along with some flooding.  Sales 
confirmed on 6333 steers, 1980 heifers and 480 calves for a total of 8793 head, 
compared with 3089 last week and 11,749 a year ago.  Volume includes 95 percent 
over 600 lbs, 5 percent under 600 lbs and no contracts.  Feeder supply consisted 
of 78 percent steers and 22 percent heifers.  Unless otherwise stated prices are 
FOB weighing point with 2-3 percent shrink or equivalent and 5-10 cent slide on 
calves and 3-6 cent slide on yearlings from base weights.

   Steers: Medium and Large 1 709 lbs 106.00; 750-800 lbs 106.00-106.30; 800-850 
lbs 103.00-106.50; 850-900 lbs 99.50-104.00; 909 lbs 97.50.  Medium and Large 1-
2 725 lbs 104.00; 750 lbs 103.40; 800-850 lbs 98.50-102.50; 850-900 lbs 95.50-
97.00; 900 lbs 94.80; 950-1000 lbs 89.20-90.80.  Medium and Large 2 800-850 lbs 
91.30-97.80; 850-900 lbs 87.00-93.80.  Medium 1-2 (Mexican Origin) 462 lbs 
105.80; 650 lbs 100.00.
Delivered basis: Medium and Large 1-2 899 lbs 101.80; 937 lbs 99.35.  Medium and 
Large 2 806 lbs 103.00.

   Heifers: Medium and Large 1 700-750 lbs 100.00-102.00; 750-800 lbs 96.75-
99.00; 800-850 lbs 94.00-95.70.  Medium and Large 1-2 650 lbs 103.00; 750-800 
lbs 95.60-96.25.  Medium and Large 2 753 lbs 92.80; 800 lbs 88.50.   

                Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   66      709       709       106.00         106.00   Current FOB   
  188    750-760     754    106.00-106.30     106.11   Current FOB   
 1638    800-840     826    103.00-106.50     104.06   Current FOB   
 1585    850-875     863     99.50-104.00     101.98   Current FOB   
   55      909       909        97.50          97.50   Current FOB   

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   70      725       725       104.00         104.00   Current FOB   
  250      750       750       103.50         103.50   Current FOB   
 1028    800-835     814     98.50-102.50     100.83   Current FOB   
  290    850-875     866     95.50-97.00       96.15   Current FOB   
   55      900       900        94.80          94.80   Current FOB   
  117    950-960     955     89.20-90.80       89.95   Current FOB   
  240      899       899       101.80         101.80   Current Del   
  236      937       937        99.35          99.35   Current Del   

                Feeder Steers Medium and Large 2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  122    800-825     812     91.30-97.80       94.55   Current FOB   
  181    850-880     859     87.00-93.80       91.10   Current FOB   
   62      806       806       103.00         103.00   Current Del   

                    Feeder Steers Medium 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  480      462       462       105.80         105.80   Current FOB  Mex Origin
  150      650       650       100.00         100.00   Current FOB  Mex Origin

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  655    700-730     721    100.00-102.00     100.58   Current FOB   
  692    750-775     754     96.75-99.00       98.24   Current FOB   
  155    800-825     815     94.00-95.70       94.70   Current FOB   

               Feeder Heifers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  150      650       650       103.00         103.00   Current FOB   
  203    765-775     768     95.60-96.25       96.04   Current FOB   

                Feeder Heifers Medium and Large 2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   65      753       753        92.80          92.80   Current FOB   
   60      800       800        88.50          88.50   Current FOB   

Source:  USDA-KS Dept of Ag Market News, Dodge City, KS
         Ferris Hall, Rich Hruska, OIC   620-227-8881
         24 hour Market News 620-369-9311
         www.ams.usda.gov/mnreports/DC_LS165.txt
 
1040c fh fa

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