Cattle Market Pulse

Monterey Stockyard LLC Market Report

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

Sale of Wednesday, April 17, 2024

121 head sold ·Official USDA report

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

light 7-weight M&L 1 heifers $222.08/cwt +14.58 vs last sale · ≈ $1,590/hd at 716 lb · 32 head
heavy 4-weight M&L 1 steers $290.00/cwt -44.00 vs last sale · ≈ $1,331/hd at 459 lb · 15 head

Receipts

HeadThis saleLast saleLast year
Total receipts 121 161 76
Feeder cattle 121 161 76

Market comments — USDA reporter

State Graded Feeder Cattle (Steers 37, Heifers 83, 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
360 360 1 290.00 $290.00 $1,044 —
445 445 1 232.50 $232.50 $1,035 —
459 459 15 290.00 $290.00 $1,331 -44.00
643 value added 643 8 232.00 $232.00 $1,492 —
770 value added 770 1 215.00 $215.00 $1,656 -10.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315 315 1 282.50 $282.50 $890 —
363 value added 363 2 292.50 $292.50 $1,062 —
445 445 1 275.00 $275.00 $1,224 -5.00
665 665 1 242.50 $242.50 $1,613 —
675 value added 675 1 241.00 $241.00 $1,627 +8.50
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455 455 1 282.50 $282.50 $1,285 —
598 598 2 262.50 $262.50 $1,570 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
543 value added 543 2 280.00 $280.00 $1,520 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
395 395 1 237.50 $237.50 $938 —
420 420 2 195.00–223.00 $209.00 $878 —
438 value added 438 3 251.00 $251.00 $1,099 —
452 452 6 243.00 $243.00 $1,098 +0.50
545 545 1 232.00 $232.00 $1,264 -10.50
705–716 value added 716 32 177.50–223.50 $222.08 $1,590 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
363 value added 363 3 270.00 $270.00 $980 —
353–388 367 5 240.00–247.50 $244.33 $897 —
417 417 3 239.00 $239.00 $997 —
460 value added 460 1 225.00 $225.00 $1,035 —
660 value added 660 1 185.00 $185.00 $1,221 -25.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
549 value added 549 7 245.00 $245.00 $1,345 —
647 value added 647 3 222.50 $222.50 $1,440 -15.50
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320 320 2 195.00 $195.00 $624 -37.50
448 448 5 221.00 $221.00 $990 —
Medium and Large 2-3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
512 value added 512 6 247.50 $247.50 $1,267 +10.00
Small 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
385 385 2 200.00 $200.00 $770 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
560 560 1 187.50 $187.50 $1,050 —

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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.