heavy 8-weight M&L 1 steers$133.92/cwt+2.99 vs last sale · ≈ $1,176/hd at 878 lb · 863 head
light 6-weight M&L 1 heifers$143.87/cwt+0.02 vs last sale · ≈ $905/hd at 629 lb · 821 head
light 8-weight M&L 1 steers$137.53/cwt+3.70 vs last sale · ≈ $1,130/hd at 822 lb · 773 head
Receipts
Head
This sale
Last sale
Last year
Total receipts
10,328
32,856
6,827
Feeder cattle
9,676
31,010
5,274
Slaughter cattle
652
1,846
1,553
Market comments — USDA reporter
Compared to last week: A much lighter offering of feeder cattle, receipts were reduced in East River, SD due to an early week large snowfall, feeder steers and heifers under 600 lbs too lightly tested for comparison, over 600 lbs steady to 3.00 higher. Good demand remains for light cattle to background, more moderate for heavier weight cattle suitable only for finishing. Cattle feeders have been unable to push the cash fed cattle market as high as they need it to be, although they did manage to sell some fats up to 116.00 this week. Profitability eludes most cattle feeders as their breakevens are closer to 120.00. Feedyard conditions are very muddy, as rain fell before the snow, the snow has now melted and is affecting dressing percents of outgoing fed cattle. Projected costs of gains are much higher for incoming cattle but the back months of the futures are much more attractive at 122.00 plus, giving a signal to the feeder that better markets lie ahead. April Live Cattle is currently lower than June and Aug which is hard to understand as that time of the summer fed cattle are much more plentiful. Cattle on Feed Report released Friday showed On Feed numbers at 102% of last year, but placements at only 98%. Marketings also came in at 98%, as the Feb winter storm that struck the southern plains caused packing houses to shut down during the power outages. Slaughter cows 3.00 to 4.00 higher, bulls 2.00 lower.
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 lighter offering of feeder cattle, receipts were reduced in East River, SD due to an early week large snowfall, feeder steers and heifers under 600 lbs too lightly tested for comparison, over 600 lbs steady to 3.00 higher. Good demand remains for light cattle to background, more moderate for heavier weight cattle suitable only for finishing. Cattle feeders have been unable to push the cash fed cattle market as high as they need it to be, although they did manage to sell some fats up to 116.00 this week. Profitability eludes most cattle feeders as their breakevens are closer to 120.00. Feedyard conditions are very muddy, as rain fell before the snow, the snow has now melted and is affecting dressing percents of outgoing fed cattle. Projected costs of gains are much higher for incoming cattle but the back months of the futures are much more attractive at 122.00 plus, giving a signal to the feeder that better markets lie ahead. April Live Cattle is currently lower than June and Aug which is hard to understand as that time of the summer fed cattle are much more plentiful. Cattle on Feed Report released Friday showed On Feed numbers at 102% of last year, but placements at only 98%. Marketings also came in at 98%, as the Feb winter storm that struck the southern plains caused packing houses to shut down during the power outages. Slaughter cows 3.00 to 4.00 higher, bulls 2.00 lower.