Cattle Market Pulse

Russell Livestock Feeder Cattle Market Report

Russell, Iowa · USDA-reported Auction Livestock

Sale of Monday, March 4, 2024

3,782 head sold ·Official USDA report

This is an archived report. See the latest Russell Livestock Feeder Cattle report →

light 6-weight M&L 1 steers $310.76/cwt +15.74 vs last sale · ≈ $1,917/hd at 617 lb · 345 head
light 7-weight M&L 1 steers $275.93/cwt +13.00 vs last sale · ≈ $2,013/hd at 729 lb · 280 head
light 6-weight M&L 1 heifers $260.06/cwt -2.06 vs last sale · ≈ $1,633/hd at 628 lb · 259 head

Receipts

HeadThis saleLast saleLast year
Total receipts 3,782 4,616 2,358
Feeder cattle 3,782 4,616 2,358

Market comments — USDA reporter

Compared to the sale two weeks ago, steers under 650 lbs. sold sharply higher, while steers 650 lbs. and heavier sold 5.00 to 16.00 higher. Heifers sold steady to 11.00 higher. Demand was very good. Supply was heavy with several load lots of reputation cattle.

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
328 unweaned 328 4 360.00 $360.00 $1,181 —
365 fancy 365 3 415.00 $415.00 $1,515 +26.84
368–393 383 14 353.00–379.00 $366.88 $1,405 +22.82
388 unweaned 388 13 387.50 $387.50 $1,504 —
421 fancy 421 5 390.00 $390.00 $1,642 +19.00
415–446 433 60 343.00–377.00 $358.09 $1,551 +28.27
454 unweaned 454 12 348.00 $348.00 $1,580 +13.00
461–494 478 94 315.00–350.00 $335.49 $1,604 -1.31
504 fancy 504 18 352.00 $352.00 $1,774 +19.59
511–541 521 94 312.00–339.00 $329.10 $1,715 +20.56
540 unweaned 540 7 300.00 $300.00 $1,620 -2.50
556–594 574 245 294.00–330.00 $323.74 $1,858 +28.77
589 unweaned 589 7 290.00 $290.00 $1,708 -20.00
600–644 617 345 292.50–323.50 $310.76 $1,917 +24.25
658–691 666 167 269.00–298.25 $292.08 $1,945 +16.22
701 unweaned 701 5 250.00 $250.00 $1,752 —
703–749 730 275 260.00–285.00 $276.40 $2,018 +13.47
751–798 776 228 246.75–277.00 $261.22 $2,027 +9.76
802–837 813 125 242.00–256.50 $252.46 $2,052 +4.91
901–940 914 32 220.00–233.00 $228.82 $2,091 +5.45
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325 325 3 355.00 $355.00 $1,154 —
389 389 19 337.50 $337.50 $1,313 +30.19
409 409 4 325.00 $325.00 $1,329 +35.00
468 unweaned 468 10 300.00 $300.00 $1,404 —
490 490 4 310.00 $310.00 $1,519 +11.67
524–548 536 16 297.50–302.50 $300.06 $1,608 +25.83
574–595 579 13 200.00–245.00 $224.88 $1,302 -48.12
639 639 4 250.00 $250.00 $1,598 -17.84
741 741 4 210.00 $210.00 $1,556 -7.50
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1010 1010 3 140.00 $140.00 $1,414 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325–328 327 7 331.00–335.00 $332.71 $1,088 +27.71
364–372 unweaned 371 47 325.00–338.00 $336.37 $1,248 —
368–384 380 15 302.50–327.50 $317.11 $1,205 +1.52
405–408 unweaned 406 14 295.00–307.50 $302.12 $1,227 —
403–429 416 8 287.50–306.00 $296.46 $1,233 -16.14
419 fancy 419 18 338.00 $338.00 $1,416 —
452–494 471 70 308.00–330.00 $317.90 $1,497 +11.01
506 fancy 506 12 320.00 $320.00 $1,619 +10.00
507 unweaned 507 31 267.50–300.00 $296.85 $1,505 —
502–535 525 86 277.50–297.50 $286.05 $1,502 -2.67
550–597 571 208 255.00–290.00 $272.79 $1,558 +0.35
595 unweaned 595 6 244.00 $244.00 $1,452 —
602–644 628 259 246.00–271.50 $260.06 $1,633 -2.48
651–698 671 242 241.00–267.50 $259.78 $1,743 +10.80
705 unweaned 705 3 222.50 $222.50 $1,569 —
700–746 724 244 232.50–255.50 $247.09 $1,789 +8.21
762 fancy 762 13 240.00 $240.00 $1,829 —
756–786 782 57 214.00–223.50 $221.99 $1,736 -11.19
803–823 810 38 215.00–232.00 $220.91 $1,789 +20.91
852 852 16 212.00 $212.00 $1,806 -7.40
916–947 932 10 206.00–208.00 $207.02 $1,929 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
417–435 426 6 267.50–275.00 $271.17 $1,155 +3.58
469–490 477 8 270.00–285.00 $279.22 $1,332 -3.28
527–541 535 32 250.00–262.50 $255.58 $1,367 —
591 591 13 246.00 $246.00 $1,454 -2.10
602 602 15 242.00 $242.00 $1,457 —
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1004 1004 5 201.00 $201.00 $2,018 +11.00

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
273 unweaned 273 6 340.00 $340.00 $928 —
373 unweaned 373 21 385.00 $385.00 $1,436 —
464 unweaned 464 37 347.50 $347.50 $1,612 —
508–543 521 8 251.00–260.00 $256.48 $1,336 —
590 590 6 275.00 $275.00 $1,622 +6.00
591 unweaned 591 20 281.00 $281.00 $1,661 —
630–646 639 13 222.50–259.00 $242.38 $1,549 -22.62
691 unweaned 691 23 268.50 $268.50 $1,855 —
846 unweaned 846 8 227.00 $227.00 $1,920 —

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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.