Cattle Market Pulse

Monterey Stockyard LLC Market Report

Monterey, Virginia · USDA-reported Auction Livestock (Special Graded)

Sale of Wednesday, September 20, 2023

386 head sold ·Official USDA report

This is an archived report. See the latest Monterey Stockyard LLC report →

heavy 6-weight M&L 1 heifers $203.16/cwt ≈ $1,396/hd at 687 lb · 132 head
heavy 5-weight M&L 1 steers $252.51/cwt ≈ $1,404/hd at 556 lb · 39 head
heavy 7-weight M&L 1 steers $221.00/cwt ≈ $1,682/hd at 761 lb · 22 head

Receipts

HeadThis saleLast saleLast year
Total receipts 386 187 457
Feeder cattle 386 187 457

Market comments — USDA reporter

**Correction: 30lb heifers deleted** State Graded Feeder Cattle (Steers 150, Heifers 235, Bulls 1) Value Added Cattle are Weaned and Vaccinated.

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
456–464 460 11 262.00–270.00 $265.67 $1,222 —
556–557 556 39 252.00–254.00 $252.51 $1,404 —
650–659 656 19 240.00–241.00 $240.69 $1,579 —
728–735 729 12 210.00–227.00 $212.86 $1,552 —
761 761 22 221.00 $221.00 $1,682 —
830 830 12 202.00 $202.00 $1,677 —
915 915 1 214.00 $214.00 $1,958 —
965 965 1 204.50 $204.50 $1,973 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
543 value added 543 4 229.00 $229.00 $1,243 -19.00
610–634 value added 628 20 205.00–242.50 $233.39 $1,466 -15.61
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
540 540 1 190.00 $190.00 $1,026 —
765 value added 765 6 220.00 $220.00 $1,683 —
853 value added 853 2 222.00 $222.00 $1,894 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405 405 1 180.00 $180.00 $729 -8.00
460–465 463 10 208.00–214.00 $210.38 $974 +22.38
530–535 533 2 173.00–184.00 $178.53 $952 —
555–577 574 7 185.00–223.00 $190.25 $1,092 —
600 600 2 193.00 $193.00 $1,158 —
660–692 687 132 203.00–204.00 $203.16 $1,396 —
735 735 20 189.00 $189.00 $1,389 —
834 834 4 182.00 $182.00 $1,518 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
505–540 534 6 173.00–199.00 $194.90 $1,041 —
598 value added 598 2 172.00 $172.00 $1,029 —
638 638 3 172.00 $172.00 $1,097 —
668–670 value added 668 12 159.00–219.00 $208.98 $1,396 —
831 value added 831 4 183.00 $183.00 $1,521 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
561 value added 561 6 223.00 $223.00 $1,251 —
738 value added 738 13 201.00 $201.00 $1,483 +1.00
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
460 value added 460 1 174.00 $174.00 $800 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
625 625 1 198.00 $198.00 $1,238 —

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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.