heavy 6-weight M&L 1 steers$298.61/cwt+6.22 vs last sale · ≈ $2,016/hd at 675 lb · 926 head
light 6-weight M&L 1 heifers$277.88/cwt+8.11 vs last sale · ≈ $1,735/hd at 624 lb · 913 head
light 7-weight M&L 1 steers$286.14/cwt+12.03 vs last sale · ≈ $2,063/hd at 721 lb · 785 head
Receipts
Head
This sale
Last sale
Last year
Total receipts
15,375
41,887
28,505
Feeder cattle
13,471
39,975
25,008
Slaughter cattle
1,380
735
3,070
Replacement cattle
524
1,177
427
Market comments — USDA reporter
Compared to last week, feeder steers and heifers sold fully 5.00 to 10.00 higher, some barns saw sharply higher markets as they had to catch up with the full gains since their previous sale prior to Christmas. This week's offering was light as winter weather impacted sales. Typically, the first full week of business of the new year is one of the largest volume weeks of the year but mother nature had other plans this year. Many sales were canceled due to poor road conditions and very cold weather. Several early week sales tried to push sales to later in the week in hopes producers could get out and try to prevent a back up of cattle for their local barns in the coming week or two. Many producers are eager to get cattle sold as the new tax year has rolled around and prices for all cattle are setting at record high prices. The extended forecast doesn't look all that pleasant either and it takes a lot of feed to keep cattle gaining when they are wet and cold. Although MO didn't contribute as many head as typical due to light sales, the CME feeder cattle index set a new record high every day last week with the latest published value of 278.55, which equates to an 800 lb. steer being worth $2228.40. Although the lighter offering this week didn't provide near as many full pot loads there was still some impressive sales around the state. Unionville Livestock Market sold 19 head of 461 lb. steers at 388.00 and 22 head of 531 lb. steers at 370.00. Springfield Livestock Marketing Center sold 60 head of 607 lb. steers at 332.00. New Cambria Livestock Market sold 24 head of 669 lb. steers at 319.00. Lolli Brothers Livestock Market sold 20 head of 713 lb. fancy steers for 303.50. and 66 head of 860 lb. steers for 272.75. Kingsville Livestock Auction sold 67 head of 814 lb. steers for 277.75. On the heifer side of the market Springfield Livestock Marketing Center sold 20 head of 513 lb. heifers for 320.00. Lolli Brothers Livestock Market sold 72 head of 729 lb. heifers for 274.85, two drafts of heifers tagged as replacements also drew attention, 31 head of 648 lb. heifers at 305.00 and 20 head of 760 lb. heifers that sold for 284.50. Eastern Missouri Commission Company sold 83 head of Large framed heifers that weighted 1180 lbs. for 217.75. Boxed beef cutouts were sharply higher. Choice closed on Friday at 332.84, up 7.60 and Select closed at 314.40, up 17.68
compared to last Friday. Negotiated feedlot sales as of the Friday afternoon report totaled right at 66K head as of the 2:00 report cutoff time. Live sales were reported mostly from 200.00-205.00 which will establish another new record high weighted average price. Dressed sales from mostly 320.00 with a few in NE late week toping at 330.00. The Missouri Stocker formula consists of 2817 head with a weighted average weight of 563.56 lbs. and a price value of 327.94, 5.06 higher than last week and a new all-time record for the formula. The steer/heifer spread is 36.28 per cwt. Supply included: 88% Feeder Cattle (52% Steers, 1% Dairy Steers, 46% Heifers, 1% Bulls); 9% Slaughter Cattle (4% Steers, 1% Heifers, 87% Cows, 9% Bulls); 3% Replacement Cattle (35% Stock Cows, 47% Bred Cows, 3% Bred Heifers, 15% Cow-Calf Pairs, 0% Bulls). Feeder cattle supply over 600 lbs was 62%.
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.
Compared to last week, feeder steers and heifers sold fully 5.00 to 10.00 higher, some barns saw sharply higher markets as they had to catch up with the full gains since their previous sale prior to Christmas. This week's offering was light as winter weather impacted sales. Typically, the first full week of business of the new year is one of the largest volume weeks of the year but mother nature had other plans this year. Many sales were canceled due to poor road conditions and very cold weather. Several early week sales tried to push sales to later in the week in hopes producers could get out and try to prevent a back up of cattle for their local barns in the coming week or two. Many producers are eager to get cattle sold as the new tax year has rolled around and prices for all cattle are setting at record high prices. The extended forecast doesn't look all that pleasant either and it takes a lot of feed to keep cattle gaining when they are wet and cold. Although MO didn't contribute as many head as typical due to light sales, the CME feeder cattle index set a new record high every day last week with the latest published value of 278.55, which equates to an 800 lb. steer being worth $2228.40. Although the lighter offering this week didn't provide near as many full pot loads there was still some impressive sales around the state. Unionville Livestock Market sold 19 head of 461 lb. steers at 388.00 and 22 head of 531 lb. steers at 370.00. Springfield Livestock Marketing Center sold 60 head of 607 lb. steers at 332.00. New Cambria Livestock Market sold 24 head of 669 lb. steers at 319.00. Lolli Brothers Livestock Market sold 20 head of 713 lb. fancy steers for 303.50. and 66 head of 860 lb. steers for 272.75. Kingsville Livestock Auction sold 67 head of 814 lb. steers for 277.75. On the heifer side of the market Springfield Livestock Marketing Center sold 20 head of 513 lb. heifers for 320.00. Lolli Brothers Livestock Market sold 72 head of 729 lb. heifers for 274.85, two drafts of heifers tagged as replacements also drew attention, 31 head of 648 lb. heifers at 305.00 and 20 head of 760 lb. heifers that sold for 284.50. Eastern Missouri Commission Company sold 83 head of Large framed heifers that weighted 1180 lbs. for 217.75. Boxed beef cutouts were sharply higher. Choice closed on Friday at 332.84, up 7.60 and Select closed at 314.40, up 17.68 compared to last Friday. Negotiated feedlot sales as of the Friday afternoon report totaled right at 66K head as of the 2:00 report cutoff time. Live sales were reported mostly from 200.00-205.00 which will establish another new record high weighted average price. Dressed sales from mostly 320.00 with a few in NE late week toping at 330.00. The Missouri Stocker formula consists of 2817 head with a weighted average weight of 563.56 lbs. and a price value of 327.94, 5.06 higher than last week and a new all-time record for the formula. The steer/heifer spread is 36.28 per cwt. Supply included: 88% Feeder Cattle (52% Steers, 1% Dairy Steers, 46% Heifers, 1% Bulls); 9% Slaughter Cattle (4% Steers, 1% Heifers, 87% Cows, 9% Bulls); 3% Replacement Cattle (35% Stock Cows, 47% Bred Cows, 3% Bred Heifers, 15% Cow-Calf Pairs, 0% Bulls). Feeder cattle supply over 600 lbs was 62%.