Cattle Market Pulse

Sheldon Livestock Slaughter Cattle Market Report

Sheldon, Iowa · USDA-reported Auction Livestock

Sale of Thursday, August 22, 2024

405 head sold ·Official USDA report

This is an archived report. See the latest Sheldon Livestock Slaughter Cattle report →

HeadThis saleLast saleLast year
Total receipts 405 327 533
Slaughter cattle 405 327 533

Compared to last week: Not enough Choice slaughter steers last week for comparison. Too limited a test for Choice slaughter heifers this week. The sale consisted of mostly smaller strings today. Light crowd in the stands but demand was still good. CME live cattle futures back in the positive today, after declining for several weeks.

New to these tables? Plain-English explainers ↓

N/N/A ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1120–1421 1342 27 175.50–180.50 $178.17 $2,391
1405 1405 1 189.00 $189.00 $2,655 +0.50
1250–1498 1430 152 182.00–186.25 $184.17 $2,634 -4.33
1518–1530 1527 8 183.00–186.50 $185.63 $2,835 -7.46
1527 1527 3 189.00 $189.00 $2,886 -4.09
1586 1586 8 176.50 $176.50 $2,799 -16.84
1615–1720 1642 6 185.00–188.50 $185.94 $3,053
1665 1665 1 187.00 $187.00 $3,114 -5.32
1640–1940 1744 4 174.00–179.00 $176.71 $3,082

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N/N/A ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1221–1281 1260 48 179.50–184.25 $183.26 $2,309 -9.24
1265–1290 1285 11 183.00–183.50 $183.41 $2,357 -9.09
1193–1473 1306 18 175.00–181.00 $178.80 $2,335 -9.95
1270–1384 1359 15 184.50–189.75 $187.39 $2,547 -5.46
1220–1517 1384 17 182.75–187.00 $184.63 $2,555 -8.22

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N/N/A ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1445 1445 2 183.75 $183.75 $2,655

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N/N/A ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1308–1568 1397 9 176.00–181.00 $178.45 $2,493

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N/N/A ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1326–1700 1453 12 159.00–171.00 $163.73 $2,379
1678 1678 2 178.75 $178.75 $2,999 +2.39

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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.