heavy 9-weight M&L 1-2 steers$318.18/cwt≈ $3,116/hd at 979 lb · 277 head
heavy 8-weight M&L 1-2 steers$343.41/cwt-21.11 vs last sale · ≈ $2,991/hd at 871 lb · 179 head
light 7-weight M&L 1-2 heifers$350.15/cwt+26.35 vs last sale · ≈ $2,553/hd at 729 lb · 78 head
Lexington 9-weight steers sold at $320/cwt, running $17/cwt below the KY average ($337) and $34/cwt under Stanford, KY ($354). The class is down $27/cwt from its late-June peak of $351.
What this means — computed from this report and its neighbors
Receipts
Head
This sale
Last sale
Last year
Total receipts
876
1,015
1,069
Feeder cattle
858
975
1,045
Slaughter cattle
18
28
24
Replacement cattle
—
12
—
Market comments — USDA reporter
Compared to last Tuesday the feeder market was lower with an average quality offering. Feeder steers 500 lbs and under were mostly steady with a lite test, while the 600-700 lbs steers and the yearling steers were sharply lower with a good supply and moderate demand. Feeder heifers were 10.00 to 12.00 lower or greater across nearly every weight class with a good supply and moderate demand. Continued negative pressure in the futures market and the increasing heat and humidity has limited some buyers interest and the premiums they are willing to pay. Slaughter cows were steady to 2.00 lower and slaughter bulls appeared 4.00 to 8.00 lower with a lite test and moderate demand.
▼ Feeder heifers: Feeder heifers were 10.00 to 12.00 lower or greater across nearly every weight class with a good supply and moderate demand
▼ Feeder steers: while the 600-700 lbs steers and the yearling steers were sharply lower with a good supply and moderate demand
▼ Slaughter bulls: Slaughter cows were steady to 2.00 lower and slaughter bulls appeared 4.00 to 8.00 lower with a lite test and moderate demand
▼ Slaughter cows: Slaughter cows were steady to 2.00 lower and slaughter bulls appeared 4.00 to 8.00 lower with a lite test and moderate demand
USDA feeder grades describe frame size and muscle thickness, not quality of
the individual animal. "Medium and Large" is the frame score; the number is
muscle (1 = heaviest muscled). "Medium and Large 1–2" pens mix both muscle
scores — common across the Southeast.
What is $/cwt?
Dollars per hundredweight — per 100 lb of animal. A 500-lb calf at
$450/cwt brings 5 × $450 = $2,250. Lighter cattle usually bring more per
cwt but less per head.
Why are some prices per head?
Bred cows, cow-calf pairs, and some replacement classes sell by the
head, not by weight. We show those exactly as USDA reports them — a
$/head figure is never converted into $/cwt on this site.
Where do these numbers come from?
From the USDA Agricultural Marketing Service's Livestock Market News —
federal reporters at the sale. We publish each report in full and link the
official USDA document at the top of the page.
Cattle Market
Compared to last Tuesday the feeder market was lower with an average quality offering. Feeder steers 500 lbs and under were mostly steady with a lite test, while the 600-700 lbs steers and the yearling steers were sharply lower with a good supply and moderate demand. Feeder heifers were 10.00 to 12.00 lower or greater across nearly every weight class with a good supply and moderate demand. Continued negative pressure in the futures market and the increasing heat and humidity has limited some buyers interest and the premiums they are willing to pay. Slaughter cows were steady to 2.00 lower and slaughter bulls appeared 4.00 to 8.00 lower with a lite test and moderate demand.