Cattle Market Pulse

Denison Livestock Feeder Cattle Market Report

Denison, Iowa · USDA-reported Auction Livestock

Sale of Thursday, March 21, 2024

2,387 head sold ·Official USDA report

This is an archived report. See the latest Denison Livestock Feeder Cattle report →

light 8-weight M&L 1 heifers $233.52/cwt +7.66 vs last sale · ≈ $1,907/hd at 817 lb · 232 head
heavy 8-weight M&L 1 heifers $236.50/cwt +9.69 vs last sale · ≈ $2,046/hd at 865 lb · 201 head
light 8-weight M&L 1 steers $252.06/cwt +1.62 vs last sale · ≈ $2,072/hd at 822 lb · 190 head

Receipts

HeadThis saleLast saleLast year
Total receipts 2,387 2,209 2,319
Feeder cattle 2,387 2,209 2,319

Market comments — USDA reporter

Western Iowa Preconditioned Sale. No comparison today, as there hasn't been a recently reported sale. Many load lots of both steers and heifers 700 lbs and over, along with plenty of smaller strings in the offering today. Good demand.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
387 387 5 385.00 $385.00 $1,490 —
433–437 436 9 358.00–380.00 $365.29 $1,593 —
464 464 19 373.00 $373.00 $1,731 +48.62
500–541 522 70 305.00–335.00 $323.64 $1,689 -3.94
550–593 583 32 303.00–329.00 $315.22 $1,838 -1.90
610–628 616 21 300.00–322.00 $316.65 $1,951 +8.67
651–692 680 84 287.00–306.00 $297.90 $2,026 +11.54
722–738 734 50 279.50–308.00 $285.27 $2,094 +22.27
734–749 740 31 243.00–269.00 $254.03 $1,880 -8.97
766–793 776 108 255.75–265.25 $261.91 $2,032 +4.73
804–841 822 190 240.00–257.00 $252.06 $2,072 +1.62
850–885 872 76 239.50–248.50 $245.64 $2,142 +3.31
901–928 920 188 229.75–242.75 $237.79 $2,188 +7.61
968 968 159 236.75 $236.75 $2,292 -3.25
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
461–496 471 13 325.00–332.50 $328.95 $1,549 —
595 595 10 294.00 $294.00 $1,749 +1.75
621–640 634 9 270.00–286.00 $280.77 $1,780 +5.44
663–687 679 24 265.00–276.00 $272.28 $1,849 —
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1030 1030 15 200.00 $200.00 $2,060 —
1168 1168 5 185.00 $185.00 $2,161 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
403–438 429 21 335.00–368.00 $340.52 $1,461 —
476–496 486 20 281.00–307.00 $291.88 $1,419 -8.12
500–546 521 42 288.00–313.00 $298.38 $1,555 +13.25
574–592 581 27 272.00–288.50 $282.92 $1,644 +2.06
607–640 627 109 256.00–272.50 $263.21 $1,650 -3.30
660–698 684 28 248.00–272.00 $259.15 $1,773 +1.17
710–745 725 178 244.00–253.50 $248.28 $1,800 +8.93
761–789 774 83 234.00–252.00 $248.53 $1,924 +15.47
808 808 11 215.00 $215.00 $1,737 -10.86
800–828 817 221 230.50–238.00 $234.44 $1,915 +8.58
852–869 865 201 231.50–238.50 $236.50 $2,046 +9.69
948 948 5 227.00 $227.00 $2,152 —
980 980 5 198.00 $198.00 $1,940 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
411 411 6 318.00 $318.00 $1,307 —
545 545 4 276.00 $276.00 $1,504 —
676 676 5 241.00 $241.00 $1,629 —

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Reading this report

What does "Medium and Large 1" mean?

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.