heavy 7-weight M&L 1 steers$152.46/cwt+5.57 vs last sale · ≈ $1,166/hd at 765 lb · 1,906 head
light 7-weight M&L 1 heifers$140.74/cwt+5.39 vs last sale · ≈ $1,015/hd at 721 lb · 1,386 head
heavy 9-weight M&L 1 steers$131.40/cwt+2.95 vs last sale · ≈ $1,266/hd at 964 lb · 1,220 head
Receipts
Head
This sale
Last sale
Last year
Total receipts
17,805
17,212
17,855
Feeder cattle
17,136
16,006
16,748
Slaughter cattle
669
1,206
1,107
Market comments — USDA reporter
Compared to last week: Feeder steers under 900 lbs 4.00 to 8.00 higher, over 900 lbs steady to 1.00 higher except 950-1000 lbs 3.00 higher. Feeder heifers under 750 lbs 2.00 to 6.00 higher, over 750 lbs steady to 1.00 higher. Very good demand for all weights and classes, however the best demand is centered on cattle that will finish in the 4th quarter of this year and the 1st quarter of next year. Lots of yearlings offered this week, the market was most active on those that came off grass from drought regions as the flesh is very light and attractive. The ongoing drought is forcing cattle producers in those worst affected regions to sell yearlings early. The cash fed cattle market remains stuck at 120.00 while boxed beef prices are at 338.00 for Choice boxes. Consumer demand for beef, both domestically and internationally is very high, as the price of beef is very high in comparison to the other proteins, this was exacerbated again this week with the JBS computer hack that saw cattle slaughter drop by a quarter on Tuesday. Packers are firm in their resolve to keep their large margins in place while they suck all of the profit out of the industry. Yet cattle feeders are eternal optimists and are enticed to buy some green yearlings that will fit the Dec Live Cattle board as it sat at 129.00 on Friday. Corn prices are worrisome as costs of gain are sitting above the price of the cattle. Slaughter cows and bulls steady to 1.00 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 under 900 lbs 4.00 to 8.00 higher, over 900 lbs steady to 1.00 higher except 950-1000 lbs 3.00 higher. Feeder heifers under 750 lbs 2.00 to 6.00 higher, over 750 lbs steady to 1.00 higher. Very good demand for all weights and classes, however the best demand is centered on cattle that will finish in the 4th quarter of this year and the 1st quarter of next year. Lots of yearlings offered this week, the market was most active on those that came off grass from drought regions as the flesh is very light and attractive. The ongoing drought is forcing cattle producers in those worst affected regions to sell yearlings early. The cash fed cattle market remains stuck at 120.00 while boxed beef prices are at 338.00 for Choice boxes. Consumer demand for beef, both domestically and internationally is very high, as the price of beef is very high in comparison to the other proteins, this was exacerbated again this week with the JBS computer hack that saw cattle slaughter drop by a quarter on Tuesday. Packers are firm in their resolve to keep their large margins in place while they suck all of the profit out of the industry. Yet cattle feeders are eternal optimists and are enticed to buy some green yearlings that will fit the Dec Live Cattle board as it sat at 129.00 on Friday. Corn prices are worrisome as costs of gain are sitting above the price of the cattle. Slaughter cows and bulls steady to 1.00 higher.