light 9-weight M&L 1 steers$166.90/cwt+7.20 vs last sale · ≈ $1,529/hd at 916 lb · 1,447 head
heavy 8-weight M&L 1 steers$173.03/cwt+8.83 vs last sale · ≈ $1,523/hd at 880 lb · 1,084 head
heavy 9-weight M&L 1 steers$159.02/cwt+2.83 vs last sale · ≈ $1,539/hd at 968 lb · 1,080 head
Receipts
Head
This sale
Last sale
Last year
Total receipts
13,682
20,187
20,016
Feeder cattle
12,420
18,832
18,710
Slaughter cattle
1,262
1,355
1,306
Market comments — USDA reporter
Compared to last week: Feeder steers under 1000 lbs 5.00 to 10.00 higher, over 1000 lbs 2.00 to 5.00 higher. Feeder heifers 750-1000 lbs 4.00 to 8.00 higher, other weights not well compared. Very good demand for all weights of steers and heifers. Light offerings of feeder cattle this week, as is normal for this time of year. As the cash fed cattle topped at 149.00, few at 150.00, in Iowa this week cattle feeders have a renewed sense of optimism for the coming months of the fed cattle market. Slaughter cows steady to 2.00 higher, bulls 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 under 1000 lbs 5.00 to 10.00 higher, over 1000 lbs 2.00 to 5.00 higher. Feeder heifers 750-1000 lbs 4.00 to 8.00 higher, other weights not well compared. Very good demand for all weights of steers and heifers. Light offerings of feeder cattle this week, as is normal for this time of year. As the cash fed cattle topped at 149.00, few at 150.00, in Iowa this week cattle feeders have a renewed sense of optimism for the coming months of the fed cattle market. Slaughter cows steady to 2.00 higher, bulls steady.