heavy 7-weight M&L 1 steers$161.86/cwt-1.50 vs last sale · ≈ $1,253/hd at 774 lb · 2,865 head
heavy 7-weight M&L 1 heifers$145.18/cwt+0.21 vs last sale · ≈ $1,117/hd at 769 lb · 2,165 head
light 8-weight M&L 1 heifers$140.14/cwt-4.45 vs last sale · ≈ $1,156/hd at 825 lb · 2,089 head
Receipts
Head
This sale
Last sale
Last year
Total receipts
31,021
36,082
32,856
Feeder cattle
29,832
34,088
31,010
Slaughter cattle
1,189
1,994
1,846
Market comments — USDA reporter
Compared to last week: Feeder steers 2.00 to 6.00 lower, except 550-600 lbs 2.00 higher. Feeder heifers 2.00 to 5.00 lower, except 700-850 lbs steady to 1.00 lower. Moderate to good demand, best demand remains on light cattle to make yearlings out of as fewer of this class of cattle offered. Cattle producers face many obstacles to profitability as the corn market climbs to unforeseen heights and the front months of the Live Cattle futures dropped to a level that was completely unexpected. There remains great hope for the feeder cattle market for the fall marketing season as the Feeder Cattle futures contracts for that time period are nearly 30.00 higher than they are for the front month. There aren’t many light cattle around still that are in light enough flesh to run as yearlings which results in a very active market when these cattle come in the ring. Everyone has their eye on the Corn futures, wondering where it will all end and why should they buy cattle that look to finish at a price level that could be below the cost per pound of gain. This fact has added considerable pressure to the feeder market. Auction receipts remain large as cattle producers need to sell last year’s calf crop to make way for this year’s that are/will be hitting the ground. Slaughter cows steady to 1.00 lower. 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 2.00 to 6.00 lower, except 550-600 lbs 2.00 higher. Feeder heifers 2.00 to 5.00 lower, except 700-850 lbs steady to 1.00 lower. Moderate to good demand, best demand remains on light cattle to make yearlings out of as fewer of this class of cattle offered. Cattle producers face many obstacles to profitability as the corn market climbs to unforeseen heights and the front months of the Live Cattle futures dropped to a level that was completely unexpected. There remains great hope for the feeder cattle market for the fall marketing season as the Feeder Cattle futures contracts for that time period are nearly 30.00 higher than they are for the front month. There aren’t many light cattle around still that are in light enough flesh to run as yearlings which results in a very active market when these cattle come in the ring. Everyone has their eye on the Corn futures, wondering where it will all end and why should they buy cattle that look to finish at a price level that could be below the cost per pound of gain. This fact has added considerable pressure to the feeder market. Auction receipts remain large as cattle producers need to sell last year’s calf crop to make way for this year’s that are/will be hitting the ground. Slaughter cows steady to 1.00 lower. Bulls 2.00 higher.