heavy 9-weight M&L 1 steers$132.31/cwt+3.06 vs last sale · ≈ $1,283/hd at 970 lb · 1,074 head
light 8-weight M&L 1 steers$141.49/cwt-2.22 vs last sale · ≈ $1,160/hd at 820 lb · 1,066 head
light 7-weight M&L 1 heifers$136.55/cwt-2.84 vs last sale · ≈ $986/hd at 722 lb · 971 head
Receipts
Head
This sale
Last sale
Last year
Total receipts
16,098
31,536
23,342
Feeder cattle
15,032
29,985
21,566
Slaughter cattle
1,066
1,551
1,776
Market comments — USDA reporter
Compared to last week: Feeder steers steady to 3.00 higher, heifers steady to 1.00 higher. Very good demand for light cattle to background, either on grass or on feed, more moderate demand for cattle suitable only for finishing. Spring is progressing, albeit many areas of the state are in dire need of rain, and with it the normal uptick in demand for light cattle is occurring. Cattle to turn out on grass to develop into yearlings are highly sought after and the market is very active. Cattle feeders were able to push the cash fed cattle market higher after 7 straight weeks of holding steady, which lent some support to the feeder market but the large jumps in the corn futures this week was very concerning. April Live Cattle futures managed to climb back to 120.00 but months ago when outgoing cattle were placed on feed the hope was that April would reach 130.00. Packers remain in the drivers seat and have kept a lid on the fat market, ensuring their large margins remain, and leave the cattle feeders in a poor position where they find nothing but losses. Last year’s drought is still hanging on, the western half of the state is severely in need of moisture. Range fires have broken out as high winds created high fire danger this week. Slaughter cows 3.00 to 5.00 higher, 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: Feeder steers steady to 3.00 higher, heifers steady to 1.00 higher. Very good demand for light cattle to background, either on grass or on feed, more moderate demand for cattle suitable only for finishing. Spring is progressing, albeit many areas of the state are in dire need of rain, and with it the normal uptick in demand for light cattle is occurring. Cattle to turn out on grass to develop into yearlings are highly sought after and the market is very active. Cattle feeders were able to push the cash fed cattle market higher after 7 straight weeks of holding steady, which lent some support to the feeder market but the large jumps in the corn futures this week was very concerning. April Live Cattle futures managed to climb back to 120.00 but months ago when outgoing cattle were placed on feed the hope was that April would reach 130.00. Packers remain in the drivers seat and have kept a lid on the fat market, ensuring their large margins remain, and leave the cattle feeders in a poor position where they find nothing but losses. Last year’s drought is still hanging on, the western half of the state is severely in need of moisture. Range fires have broken out as high winds created high fire danger this week. Slaughter cows 3.00 to 5.00 higher, bulls 2.00 higher.