heavy 8-weight M&L 1 steers$158.28/cwt+1.54 vs last sale · ≈ $1,374/hd at 868 lb · 2,122 head
light 9-weight M&L 1 steers$155.51/cwt+2.91 vs last sale · ≈ $1,448/hd at 931 lb · 1,806 head
heavy 9-weight M&L 1 steers$153.37/cwt+2.78 vs last sale · ≈ $1,494/hd at 974 lb · 1,389 head
Receipts
Head
This sale
Last sale
Last year
Total receipts
14,513
16,225
9,737
Feeder cattle
13,163
15,146
8,084
Slaughter cattle
1,350
1,079
1,653
Market comments — USDA reporter
Compared to last week: Feeder steers and heifers steady to 3.00 higher. Very good demand remains for yearling steers and heifers, especially those coming right off grass. Grass yearlings continue to come to town and the market is very active as these long strings are very desirable as buyers can fill their pens or whole yards of green, easy gaining yearling cattle. The heavier fleshed feedyard backgrounded cattle are also highly sought after as the winter and spring months of the CME Live Cattle contracts are very attractive. The cash fed cattle market topped at 127.50 in Iowa, 204.00 dressed, fully 5.00 over the Aug futures contract. Cattle feeders are feeling rather bullish are want to strike while the iron is hot and are willing to buy cattle with breakeven prices higher than the where the futures contracts are at. Slaughter cows and bull steady.
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 and heifers steady to 3.00 higher. Very good demand remains for yearling steers and heifers, especially those coming right off grass. Grass yearlings continue to come to town and the market is very active as these long strings are very desirable as buyers can fill their pens or whole yards of green, easy gaining yearling cattle. The heavier fleshed feedyard backgrounded cattle are also highly sought after as the winter and spring months of the CME Live Cattle contracts are very attractive. The cash fed cattle market topped at 127.50 in Iowa, 204.00 dressed, fully 5.00 over the Aug futures contract. Cattle feeders are feeling rather bullish are want to strike while the iron is hot and are willing to buy cattle with breakeven prices higher than the where the futures contracts are at. Slaughter cows and bull steady.