The cattle futures took a plummet yesterday after the daily highs of last week resulting in feeder cattle being cheaper than last week. 2 weight calves experienced the largest gain compared to last week with prices being $20/cwt higher. Bred cows and pairs were the hottest commodity with prices steady to $150 higher. Packer cows were steady to $5/cwt higher; packer bulls $6-$15/cwt higher.
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.
The cattle futures took a plummet yesterday after the daily highs of last week resulting in feeder cattle being cheaper than last week. 2 weight calves experienced the largest gain compared to last week with prices being $20/cwt higher. Bred cows and pairs were the hottest commodity with prices steady to $150 higher. Packer cows were steady to $5/cwt higher; packer bulls $6-$15/cwt higher.