heavy 9-weight M&L 1 steers$178.42/cwt+1.34 vs last sale · ≈ $1,763/hd at 988 lb · 1,883 head
light 9-weight M&L 1 steers$185.94/cwt+6.17 vs last sale · ≈ $1,724/hd at 927 lb · 985 head
light 8-weight M&L 1 steers$192.45/cwt+3.45 vs last sale · ≈ $1,586/hd at 824 lb · 695 head
Receipts
Head
This sale
Last sale
Last year
Total receipts
10,580
20,598
0
Feeder cattle
8,945
18,396
0
Slaughter cattle
1,635
2,202
0
Market comments — USDA reporter
Compared to last week: Feeder steers steady to 3.00 higher, heifers 2.00 to 3.00 lower. Very good demand for yearling steers and heifers. New crop calves are starting to appear on consignment lists at the auctions and are met with plenty of demand. Cattle feeders are quick to act when yearlings are offered, as the months when these cattle will reach finished weights are projected, by the futures market, to be many dollars higher than the current month. Cost of gain is a major concern, however, as new crop corn is now around 6.75 which is over a dollar higher from where those months were earlier in the summer. Cash fed cattle around 145.00 this week, roughly par the October futures. Slaughter cows 1.00 to 3.00 lower, bulls 3.00 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 steady to 3.00 higher, heifers 2.00 to 3.00 lower. Very good demand for yearling steers and heifers. New crop calves are starting to appear on consignment lists at the auctions and are met with plenty of demand. Cattle feeders are quick to act when yearlings are offered, as the months when these cattle will reach finished weights are projected, by the futures market, to be many dollars higher than the current month. Cost of gain is a major concern, however, as new crop corn is now around 6.75 which is over a dollar higher from where those months were earlier in the summer. Cash fed cattle around 145.00 this week, roughly par the October futures. Slaughter cows 1.00 to 3.00 lower, bulls 3.00 lower.