light 8-weight M&L 1-2 steers$227.09/cwt≈ $1,883/hd at 829 lb · 241 head
heavy 5-weight M&L 1 heifers$257.64/cwt+16.35 vs last sale · ≈ $1,445/hd at 561 lb · 131 head
light 6-weight M&L 1 heifers$234.51/cwt-0.08 vs last sale · ≈ $1,454/hd at 620 lb · 97 head
Receipts
Head
This sale
Last sale
Last year
Total receipts
2,515
1,977
2,018
Feeder cattle
2,515
1,977
2,018
Market comments — USDA reporter
***Close***
Compared to last week, steer and heifer calves sold 4.00-8.00 higher. Yearlings were not well tested however undertones were steady. Demand was good and improved throughout the day. The supply was moderate with several high quality drafts in the offering. One stick-out draft was 81 head of 553 lb. heifers, from the Pace Farm, that brought 266.50. The USDA's Cattle on Feed Report, released Friday, reported Inventories were 2 percent lower, Placements were 3 percent higher and Marketings were 5 percent lower. Also released Friday was the semi-annual Cattle Inventory Report which revealed that Cattle Inventory is the second lowest on record since 1973. Beef Cow Inventory is the lowest July since data collection began in 1971. Also noted was that the Calf Inventory was the third lowest since records began in 1977 with only 2013 and 2014 seeing lower numbers.
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.
***Close*** Compared to last week, steer and heifer calves sold 4.00-8.00 higher. Yearlings were not well tested however undertones were steady. Demand was good and improved throughout the day. The supply was moderate with several high quality drafts in the offering. One stick-out draft was 81 head of 553 lb. heifers, from the Pace Farm, that brought 266.50. The USDA's Cattle on Feed Report, released Friday, reported Inventories were 2 percent lower, Placements were 3 percent higher and Marketings were 5 percent lower. Also released Friday was the semi-annual Cattle Inventory Report which revealed that Cattle Inventory is the second lowest on record since 1973. Beef Cow Inventory is the lowest July since data collection began in 1971. Also noted was that the Calf Inventory was the third lowest since records began in 1977 with only 2013 and 2014 seeing lower numbers.