heavy 7-weight M&L 1 steers$146.04/cwt+4.84 vs last sale · ≈ $1,119/hd at 766 lb · 811 head
light 9-weight M&L 1 steers$127.48/cwt-5.10 vs last sale · ≈ $1,180/hd at 926 lb · 785 head
heavy 7-weight M&L 1 heifers$127.70/cwt-3.87 vs last sale · ≈ $986/hd at 772 lb · 725 head
Receipts
Head
This sale
Last sale
Last year
Total receipts
11,899
23,794
22,140
Feeder cattle
10,897
22,413
21,483
Slaughter cattle
1,002
1,381
657
Market comments — USDA reporter
Compared to last week: Feeder steers under 600 lbs 3.00 to 7.00 lower, 600-700 lbs steady to 1.00 lower, over 700 lbs 2.00 to 5.00 lower. Feeder heifers 2.00 to 4.00 lower. Demand only moderate this week as the corn market made rapid gains, moving well into the 7.00 range. Cattle feeders got hit with a double whammy, corn shot higher and fat cattle moved lower with many sales back below 120.00. With costs of gains much higher than last year there is a great amount of pressure on the feeder cattle market. Drought conditions remain over the state, except for an area around Brookings and Watertown, with the most extreme conditions in the north central and northwest part of the state. Many heifers that were held back for replacements have been brought to town as cattle producers try to get their numbers adjusted down to levels that the range will support this year. Packers continue to take all of the profit in the industry for themselves, leaving those who produce the cattle with a very slim profit margin or a loss. Boxed beef prices just shy of 300.00 for Choice beef, yet fat cattle only 118.00-120.00. This is very concerning for cattle producers especially as they are faced with higher feed costs. Auction runs were lighter this week, in part due to the weather that was conducive for corn planting but also due to the weakness in the feeder cattle market some producers chose to stay out of the market and let things settle a bit. Slaughter cows steady to 2.00 lower, bulls not well compared as they were limited in number.
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 under 600 lbs 3.00 to 7.00 lower, 600-700 lbs steady to 1.00 lower, over 700 lbs 2.00 to 5.00 lower. Feeder heifers 2.00 to 4.00 lower. Demand only moderate this week as the corn market made rapid gains, moving well into the 7.00 range. Cattle feeders got hit with a double whammy, corn shot higher and fat cattle moved lower with many sales back below 120.00. With costs of gains much higher than last year there is a great amount of pressure on the feeder cattle market. Drought conditions remain over the state, except for an area around Brookings and Watertown, with the most extreme conditions in the north central and northwest part of the state. Many heifers that were held back for replacements have been brought to town as cattle producers try to get their numbers adjusted down to levels that the range will support this year. Packers continue to take all of the profit in the industry for themselves, leaving those who produce the cattle with a very slim profit margin or a loss. Boxed beef prices just shy of 300.00 for Choice beef, yet fat cattle only 118.00-120.00. This is very concerning for cattle producers especially as they are faced with higher feed costs. Auction runs were lighter this week, in part due to the weather that was conducive for corn planting but also due to the weakness in the feeder cattle market some producers chose to stay out of the market and let things settle a bit. Slaughter cows steady to 2.00 lower, bulls not well compared as they were limited in number.