heavy 8-weight M&L 1-2 steers$215.75/cwt≈ $1,931/hd at 895 lb · 97 head
light 4-weight M&L 1 steers$367.05/cwt+2.55 vs last sale · ≈ $1,541/hd at 420 lb · 77 head
heavy 4-weight M&L 1-2 heifers$272.61/cwt-4.35 vs last sale · ≈ $1,314/hd at 482 lb · 73 head
Receipts
Head
This sale
Last sale
Last year
Total receipts
1,765
2,109
2,363
Feeder cattle
1,765
2,109
2,363
Market comments — USDA reporter
***Close***
Compared to last week, steer and heifer calves under 700 lbs. traded 3.00-6.00 lower in a light test of the market. Feeder calves and yearlings over 700 lbs. were not well tested however undertones were lower. Demand was moderate on a light supply. Much needed rain kept receipts light with some areas reporting in excess of 3 inches. The 5 Area Weekly Weighted Average Direct Slaughter Cattle for the week ending March 24, reported slaughter steers setting a new record weighted average price of 189.56 which was 2.09 higher than the previous week. The monthly USDA's Cattle on Feed Report released Friday, reported Inventories were up 1 percent, Placements up 10 percent and Marketings up 3 percent. Cattle futures closed lower on Monday and continued to trade sharply lower on Tuesday.
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 under 700 lbs. traded 3.00-6.00 lower in a light test of the market. Feeder calves and yearlings over 700 lbs. were not well tested however undertones were lower. Demand was moderate on a light supply. Much needed rain kept receipts light with some areas reporting in excess of 3 inches. The 5 Area Weekly Weighted Average Direct Slaughter Cattle for the week ending March 24, reported slaughter steers setting a new record weighted average price of 189.56 which was 2.09 higher than the previous week. The monthly USDA's Cattle on Feed Report released Friday, reported Inventories were up 1 percent, Placements up 10 percent and Marketings up 3 percent. Cattle futures closed lower on Monday and continued to trade sharply lower on Tuesday.