Market News
National Direct barrows and gilts higher
The direct cash cattle trade is slow to start Tuesday. Not much is expected for at least another day. Early asking prices are about $125.00 plus in the South but have not been established yet in the North.
Boxed beef is higher on light to moderate movement. Choice boxes are 36 cents higher at $343.14. Selects are $2.06 higher at $314.61.
At the Joplin Regional Stockyards feeder cattle auction Monday, they had 4,900 head. Compared to last week, feeder steers traded steady to $4.00 higher with feeder heifers trading steady to $3.00 higher on good demand.
Medium and large frame #1 steers:
118 head, weighing 555 to 596 pounds, brought $170.00 to $186.00.
419 head, weighing 700 to 749 pounds, brought $153.00 to $166.50.
Medium and large frame #1 heifers:
278 head, weighing 500 to 549 pounds, brought $150.00 to $165.50,
373 head, weighing 653 to 691 pounds, brought $149.35 to $158.25.
At the Sioux Falls Regional Cattle Auction Monday, they had 1,950 head, mostly feeder cattle. Compared to last week the market was unevenly steady, 800 to 900-pound steers $2.00 to $4.00 higher and 800 to 850-pound heifers $3.00 to $5.00 higher. Demand was good. Demand for the heavier weights was very good. Calves under 450 pounds were in very good demand as well.
Medium and large frame #1 steers:
146 head, weighing 804 to 828 pounds, brought $156.00 to $165.00.
339 head, weighing 908 to 920 pounds, brought $151.50 to $155.25
Medium and large frame #1 heifers:
86 head, weighing 685 to 692 pounds, brought $151.00 to $162.50
120 head, weighing 800 to 839 pounds, brought $143.00 to $151.50.
National Direct barrows and gilts are $1.21 higher, ranging from $88.00 to $96.00, hitting a weighted average of $91.48.
Illinois Direct Slaughter Sows and Boars
Today’s estimated receipts: 1175 Yesterday: 1375
Slaughter sow prices were mixed, with moderate to good demand for moderate to heavy offerings.
US 1-3 under 400 lbs. $70.00-$78.00
400-500 lbs. $73.00-$80.00
500-600 lbs. $76.00-$83.00
Over 600 lbs. $79.00-$85.00
Boars: under 300 lbs. $45.00-$50.00
over 300 lbs. $10.00-$12.00
Barrows and gilts were $1.00 to $2.00 lower, with moderate to good demand for moderate to heavy offerings.
IL direct barrows and gilts: US 220-290 lbs. at $56.00 to $65.00.
The pork carcass cutout price is $2.43 higher, at $112.15.
