light 7-weight M&L 1 steers$144.65/cwt-1.53 vs last sale · ≈ $1,047/hd at 724 lb · 2,921 head
heavy 6-weight M&L 1 steers$149.18/cwt-0.98 vs last sale · ≈ $1,012/hd at 678 lb · 2,554 head
light 6-weight M&L 1 steers$159.50/cwt+0.97 vs last sale · ≈ $996/hd at 625 lb · 2,314 head
Receipts
Head
This sale
Last sale
Last year
Total receipts
36,640
7,583
32,482
Feeder cattle
34,465
7,170
29,857
Slaughter cattle
2,175
413
2,625
Market comments — USDA reporter
Compared to last week: A much larger offering of feeder cattle this week, last week’s test was too limited to offer a real comparison with this week. As the start of the New Year began so did the start of the weaned and backgrounded calf marketing season. Large numbers of these cattle were available at all the auctions. Demand was good for these calves, whether they were light enough to background and grow them further or for those bound straight for finishing yards. The weather has been very mild which is allowing cattle to grow very easily and stay rather clean, making it easy on those who produce these cattle. There were still some yearlings offered and these were met with very good demand. The CME Live and Feeder Cattle futures whipsawed the industry again this week by losing 3.00-4.00 on Monday only to regain most of those losses on Tuesday. Cattle feeders wound up accepting lower bids of 110.00 by Friday as the packers pulled back their bids from last week’s 112.00. Cattle feeders were again left wondering what to do and how to proceed forward as anytime the cash market gains some traction the packers pull the rug out from under them again, which is making it extremely difficult to buy feeder cattle. Cash corn moving towards 5.00 is as weighing on their minds. Slaughter cows steady to 4.00 lower, bulls 2.00 higher.
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.
Compared to last week: A much larger offering of feeder cattle this week, last week’s test was too limited to offer a real comparison with this week. As the start of the New Year began so did the start of the weaned and backgrounded calf marketing season. Large numbers of these cattle were available at all the auctions. Demand was good for these calves, whether they were light enough to background and grow them further or for those bound straight for finishing yards. The weather has been very mild which is allowing cattle to grow very easily and stay rather clean, making it easy on those who produce these cattle. There were still some yearlings offered and these were met with very good demand. The CME Live and Feeder Cattle futures whipsawed the industry again this week by losing 3.00-4.00 on Monday only to regain most of those losses on Tuesday. Cattle feeders wound up accepting lower bids of 110.00 by Friday as the packers pulled back their bids from last week’s 112.00. Cattle feeders were again left wondering what to do and how to proceed forward as anytime the cash market gains some traction the packers pull the rug out from under them again, which is making it extremely difficult to buy feeder cattle. Cash corn moving towards 5.00 is as weighing on their minds. Slaughter cows steady to 4.00 lower, bulls 2.00 higher.