light 7-weight M&L 1 heifers$152.25/cwt-6.12 vs last sale · ≈ $1,106/hd at 726 lb · 2,839 head
light 8-weight M&L 1 heifers$144.59/cwt-2.54 vs last sale · ≈ $1,192/hd at 824 lb · 2,160 head
heavy 7-weight M&L 1 heifers$144.97/cwt-8.24 vs last sale · ≈ $1,129/hd at 779 lb · 2,025 head
Receipts
Head
This sale
Last sale
Last year
Total receipts
36,082
13,109
32,240
Feeder cattle
34,088
12,485
29,295
Slaughter cattle
1,994
624
2,945
Market comments — USDA reporter
Compared to last week: Feeder steers under 600 lbs 10.00 to 14.00 lower, 600-900 lbs 3.00 to 5.00 lower, over 900 lbs 7.00 to 10.00 lower. Feeder heifers 5.00 to 8.00 lower. Demand mostly moderate this week as the downward trend in the futures contracts continued again this week. Cattle producers are extremely uncertain of how to proceed as the corn market has shot straight up and April Live Cattle collapsed. Yearling operators are still wanting, and needing to, get their light cattle bought which is keeping demand for that class of cattle much higher than those that have to go to finishing yards. This unexpected down turn in the market caught everyone flat footed as we are entering the time of year where the fat market posts it highs for the year. Cattle feeders still want to have cattle to feed and market for these coming months, but now with feed cost rising to a level where the cost of gain per lbs will exceed what the futures is predicting the fat market will be they are asking themselves how much can they really afford to risk? Auction receipts remain large as cattle producers need to sell last year’s calves as this year’s are starting to hit the ground. Feed cost affect all cattle producers and rising corn price affects their decisions as well. Slaughter cows steady to 1.00 higher, bulls 2.00 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 600 lbs 10.00 to 14.00 lower, 600-900 lbs 3.00 to 5.00 lower, over 900 lbs 7.00 to 10.00 lower. Feeder heifers 5.00 to 8.00 lower. Demand mostly moderate this week as the downward trend in the futures contracts continued again this week. Cattle producers are extremely uncertain of how to proceed as the corn market has shot straight up and April Live Cattle collapsed. Yearling operators are still wanting, and needing to, get their light cattle bought which is keeping demand for that class of cattle much higher than those that have to go to finishing yards. This unexpected down turn in the market caught everyone flat footed as we are entering the time of year where the fat market posts it highs for the year. Cattle feeders still want to have cattle to feed and market for these coming months, but now with feed cost rising to a level where the cost of gain per lbs will exceed what the futures is predicting the fat market will be they are asking themselves how much can they really afford to risk? Auction receipts remain large as cattle producers need to sell last year’s calves as this year’s are starting to hit the ground. Feed cost affect all cattle producers and rising corn price affects their decisions as well. Slaughter cows steady to 1.00 higher, bulls 2.00 higher.