heavy 8-weight M&L 1 heifers$120.23/cwt+1.57 vs last sale · ≈ $1,059/hd at 880 lb · 1,551 head
light 9-weight M&L 1 steers$128.42/cwt-0.74 vs last sale · ≈ $1,194/hd at 930 lb · 1,442 head
light 8-weight M&L 1 heifers$123.12/cwt-5.26 vs last sale · ≈ $1,020/hd at 828 lb · 1,300 head
Receipts
Head
This sale
Last sale
Last year
Total receipts
20,005
14,986
22,911
Feeder cattle
19,034
13,871
21,966
Slaughter cattle
971
1,115
945
Market comments — USDA reporter
Compared to last week: Feeder steers under 650 lbs not well compared, 650-850 lbs 2.00 to 5.00 higher, over 850 lbs unevenly steady. Feeder heifers steady to 2.00 higher, except 600-650 lbs 5.00 to 6.00 higher. Moderate to good demand this week, dependent upon flesh condition and based on what time of the year they will reach finished weights. Old crop corn futures took a hit this week and dropped sharply, which provided some relief to the cattle feeder as the week before it seemed the market was destined to reach 8.00. Cattle feeders are again dealing with losses on outgoing cattle but the 4th quarter of the year on the CME Live Cattle contract is offering a glimmer of hope, this is where the best demand for feeder cattle is, for those cattle that will finish during that time frame. There are fewer outlets to be found for big, fleshy steers and heifers as their costs of gain are currently higher than the cash fat market. The fat market was basically 120.00 this week, which is 5.00 over the June contract, but boxed beef prices up to 316.00 is leaving cattle producers asking if there is a future in raising cattle if they cannot make a profit while consumer demand is this high? Drought is still hanging on and cattle producers continue to sell heifers they planned on keeping. Slaughter cows steady to 1.00 lower, bulls not well compared.
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 650 lbs not well compared, 650-850 lbs 2.00 to 5.00 higher, over 850 lbs unevenly steady. Feeder heifers steady to 2.00 higher, except 600-650 lbs 5.00 to 6.00 higher. Moderate to good demand this week, dependent upon flesh condition and based on what time of the year they will reach finished weights. Old crop corn futures took a hit this week and dropped sharply, which provided some relief to the cattle feeder as the week before it seemed the market was destined to reach 8.00. Cattle feeders are again dealing with losses on outgoing cattle but the 4th quarter of the year on the CME Live Cattle contract is offering a glimmer of hope, this is where the best demand for feeder cattle is, for those cattle that will finish during that time frame. There are fewer outlets to be found for big, fleshy steers and heifers as their costs of gain are currently higher than the cash fat market. The fat market was basically 120.00 this week, which is 5.00 over the June contract, but boxed beef prices up to 316.00 is leaving cattle producers asking if there is a future in raising cattle if they cannot make a profit while consumer demand is this high? Drought is still hanging on and cattle producers continue to sell heifers they planned on keeping. Slaughter cows steady to 1.00 lower, bulls not well compared.