heavy 7-weight M&L 1 steers$169.84/cwt-1.03 vs last sale · ≈ $1,311/hd at 772 lb · 2,379 head
light 7-weight M&L 1 steers$175.64/cwt-0.12 vs last sale · ≈ $1,273/hd at 725 lb · 2,113 head
heavy 6-weight M&L 1 steers$183.50/cwt-0.69 vs last sale · ≈ $1,245/hd at 679 lb · 1,937 head
Receipts
Head
This sale
Last sale
Last year
Total receipts
28,773
43,012
25,885
Feeder cattle
27,432
41,241
24,196
Slaughter cattle
1,341
1,771
1,689
Market comments — USDA reporter
Compared to last week: Feeder steers under 650 lbs 3.00 to 7.00 higher, over 650 lbs steady to 3.00 lower. Feeder heifers under 700 lbs 2.00 to 5.00 higher, over 700 lbs steady to 2.00 lower. Very good demand for steers and heifers suitable for backgrounding, either in a yard or on grass, as the supply of this class dwindles with each passing week. Good demand remains for cattle suitable for finishing, yet the great supply of this class allows plenty of selection and buyers don’t have to chase the market to get them bought. The CME Feeder Cattle futures are painting a very rosy prospect for feeder cattle producers come fall shipping time. The backgrounders want to make sure they have their cattle bought for this time frame as it looks to be highly profitable. The Live Cattle contracts are not forecasting as a robust fat market, which is keeping a lid on the heavier weight cattle as their breakeven prices are currently par with the board. The weather, overall, has been favorable for cattle gaining and growing well as snow has been scarce and feedyard pens are in good shape, which is helping greatly with costs of gains as all feed ingredients in a ration are very high. This is helping to keep cattle feeders in good spirits and feeling optimistic about the coming months in the fat market. Slaughter cows steady to 1.00 higher, bulls 5.00 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 650 lbs 3.00 to 7.00 higher, over 650 lbs steady to 3.00 lower. Feeder heifers under 700 lbs 2.00 to 5.00 higher, over 700 lbs steady to 2.00 lower. Very good demand for steers and heifers suitable for backgrounding, either in a yard or on grass, as the supply of this class dwindles with each passing week. Good demand remains for cattle suitable for finishing, yet the great supply of this class allows plenty of selection and buyers don’t have to chase the market to get them bought. The CME Feeder Cattle futures are painting a very rosy prospect for feeder cattle producers come fall shipping time. The backgrounders want to make sure they have their cattle bought for this time frame as it looks to be highly profitable. The Live Cattle contracts are not forecasting as a robust fat market, which is keeping a lid on the heavier weight cattle as their breakeven prices are currently par with the board. The weather, overall, has been favorable for cattle gaining and growing well as snow has been scarce and feedyard pens are in good shape, which is helping greatly with costs of gains as all feed ingredients in a ration are very high. This is helping to keep cattle feeders in good spirits and feeling optimistic about the coming months in the fat market. Slaughter cows steady to 1.00 higher, bulls 5.00 higher.