light 9-weight M&L 1 steers$173.11/cwt+9.35 vs last sale · ≈ $1,608/hd at 929 lb · 1,226 head
light 8-weight M&L 1 heifers$164.13/cwt+1.72 vs last sale · ≈ $1,377/hd at 839 lb · 512 head
light 8-weight M&L 1 steers$185.18/cwt+10.03 vs last sale · ≈ $1,528/hd at 825 lb · 412 head
Receipts
Head
This sale
Last sale
Last year
Total receipts
8,160
8,236
16,807
Feeder cattle
6,930
7,029
15,523
Slaughter cattle
1,230
1,207
1,284
Market comments — USDA reporter
Compared to last week: Feeder steers under 1000 lbs 10.00 to 15.00 higher, over 1000 lbs mostly steady. Feeder heifers under 700 lbs 15.00 to 20.00 higher, over 700 lbs steady to 5.00 higher. Very good demand for all weights of steers and heifers as cattle feeders are feeling very bullish about the cash fat market in the 4th quarter of the year. The current cash fat market in the north has greatly outperformed the southern plains and the futures contracts, by about 13.00, which has built a lot of optimism into the minds of cattle producers. The Feeder Cattle futures continue to stairstep their way higher, reaching back up again to 180.00 for Nov, giving cattle feeders a signal that now is the time to buy. Drought conditions still remain in West River, SD causing some localized early selling off grass. The corn crop in the eastern half of the state looks good as rains came this week, bringing needed moisture, some areas did see storm damage and lodging and even some green snap of corn, but overall the outlook for a bountiful harvest looks good. Slaughter cows unevenly steady, bulls 2.00 lower.
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 10.00 to 15.00 higher, over 1000 lbs mostly steady. Feeder heifers under 700 lbs 15.00 to 20.00 higher, over 700 lbs steady to 5.00 higher. Very good demand for all weights of steers and heifers as cattle feeders are feeling very bullish about the cash fat market in the 4th quarter of the year. The current cash fat market in the north has greatly outperformed the southern plains and the futures contracts, by about 13.00, which has built a lot of optimism into the minds of cattle producers. The Feeder Cattle futures continue to stairstep their way higher, reaching back up again to 180.00 for Nov, giving cattle feeders a signal that now is the time to buy. Drought conditions still remain in West River, SD causing some localized early selling off grass. The corn crop in the eastern half of the state looks good as rains came this week, bringing needed moisture, some areas did see storm damage and lodging and even some green snap of corn, but overall the outlook for a bountiful harvest looks good. Slaughter cows unevenly steady, bulls 2.00 lower.