Keoco feeder cattle auction summary

Keoco Livestock, Sigourney, Iowa, reported receipts of 1,297 head of feeder cattle selling on Jan. 18, compared to 2,421 head on Jan. 11 and 730 head a year ago, according to the USDA-Iowa Department of Agriculture Market News, Des Moines, Iowa.

The previous sale was a precondition sale so no trend was available but compared to two weeks ago, the steer calves weighing 400 to 700 pounds were selling $5 to $10 lower and those 700 to 850 pounds were selling $3 to $5 lower. The heifer calves weighing 300 to 400 pounds were selling $15 higher, those 400 to 600 pounds were selling $2 to $5 lower and those 600 to 750 pounds were selling $4 lower. The trade was active with moderate demand for the moderate offerings. The supply included 100% feeder cattle with 59% steers and 41% was heifers. The feeder cattle supply weighing over 600 pounds was 67%.