heavy 7-weight M&L 1 steers$179.15/cwt+17.67 vs last sale · ≈ $1,392/hd at 777 lb · 1,144 head
light 6-weight M&L 1 steers$207.24/cwt+15.81 vs last sale · ≈ $1,288/hd at 621 lb · 1,089 head
light 8-weight M&L 1 steers$170.20/cwt+8.72 vs last sale · ≈ $1,408/hd at 827 lb · 997 head
Receipts
Head
This sale
Last sale
Last year
Total receipts
15,573
12,103
17,805
Feeder cattle
14,753
11,115
17,136
Slaughter cattle
820
988
669
Market comments — USDA reporter
Compared to last week: Feeder steers 10.00 to 15.00 higher, except 950-1000 lbs and 1050-1100 lbs 3.00 to 5.00 higher. Feeder heifers 10.00 to 13.00 higher. Very good demand for all weights and classes of feeder cattle this week as the Live and Feeder cattle contracts rallied and the corn traded lower. The market was very active this week as farmer feeders have gotten their planting wrapped up and want to get some cattle placed in their yards while the big strings are available. The big special, free BBQ, sales always result in a very active market as cattle feeders have the opportunity to buy long strings of uniform cattle. This is the time of year where feeder cattle offerings are more sporadic and cattle feeders have to act fast or run the risk of not getting anything bought and having to wait two weeks to get the chance again. The cash fed cattle in Iowa and Nebraska continues to outperform the southern plains and the futures contracts as well, helping to greatly support the feeder cattle market.
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 10.00 to 15.00 higher, except 950-1000 lbs and 1050-1100 lbs 3.00 to 5.00 higher. Feeder heifers 10.00 to 13.00 higher. Very good demand for all weights and classes of feeder cattle this week as the Live and Feeder cattle contracts rallied and the corn traded lower. The market was very active this week as farmer feeders have gotten their planting wrapped up and want to get some cattle placed in their yards while the big strings are available. The big special, free BBQ, sales always result in a very active market as cattle feeders have the opportunity to buy long strings of uniform cattle. This is the time of year where feeder cattle offerings are more sporadic and cattle feeders have to act fast or run the risk of not getting anything bought and having to wait two weeks to get the chance again. The cash fed cattle in Iowa and Nebraska continues to outperform the southern plains and the futures contracts as well, helping to greatly support the feeder cattle market.