WEEKLY MARKET REPORT East Texas Livestock, Inc. - January 7, 2020

WEEKLY MARKET REPORT

East Texas Livestock, Inc.

PO Box 757*Hwy 7 West Crockett, Texas 75835

936-544-2246 -936-544-4224 fx

www.easttexaslivestock.com 12:00 Noon Tuesday

Date: January 7, 2020                                                                         Volume:   1724

 

Slaughter Cows:

Canners:                    41.00 to 48.00

Boning/Utility:        49.00  to 55.00

Cutters:                    56.00  to 64.00

 

Slaughter Bulls:      79.00 to 89.00

 

{Some lower dressing and unmerchantable cows/bulls fall below these figures!)

 

Bred Cows:... . ..... $650.00 to $1050.00/hd    Cow/Calf Pairs:... $850.00 to $1275.00

FEEDER  CALVES

1 Large Frame                                               #1 Large Frame

Feeder Steers/Bulls                                             Feeder Heifers Low       High    Low    High

150 to 200 lbs... 148.00

195.00

123.00

190.00

205 to 300 lbs .. .140.00

190.00

113.00

186.00

305to 400lbs .. .135.00

186.00

109.00

186.00

405to500lbs ... 126.00

181.00

105.00

166.00

505to 600lbs ... 120.00

168.00

100.00

160.00

605 to 800 lbs . . .109.00

158.00

90.00

148.00

{Some hard to place plainer or afflicted calves fall below these figures)

---these figures are reported solely on East Texas Livestock's market **

Total Sellers..... ....... 209                                         Feeder Calf Companies...... 34

Feeder Calf Buyers.... 20

 

With no comparable weekly market report due to the two-week Christmas Holiday shutdown, today’s figures as compared prior to that showed all weight class averages finished fully $5 to $7 higher Slaughter cows ended fully $4 higher as slaughter bulls finished $5 stronger.

Demand continues to drive the feeder market up as the feedlots are pricing their finished cattle at

$1.26 to $1.27. Packers are aggressively securing more inventory to start the new year.

Rains in the grazing country are also fueling the demand for turn-out grazing cattle. All phases

are showing bullishness this first week of the new year!