heavy 7-weight M&L 1 steers$264.36/cwt+0.89 vs last sale · ≈ $2,060/hd at 779 lb · 1,783 head
light 7-weight M&L 1 heifers$255.59/cwt+9.06 vs last sale · ≈ $1,851/hd at 724 lb · 1,722 head
light 8-weight M&L 1 steers$257.05/cwt+2.46 vs last sale · ≈ $2,113/hd at 822 lb · 1,499 head
Receipts
Head
This sale
Last sale
Last year
Total receipts
22,561
27,316
21,283
Feeder cattle
21,718
26,265
19,861
Slaughter cattle
843
1,051
1,422
Market comments — USDA reporter
Compared to last week: Feeder steers under 550 lbs 8.00 to 10.00 higher, 550-800 lbs 2.00 to 5.00 higher, over 800 lbs steady to 2.00 higher. Feeder heifers under 700 lbs 2.00 to 7.00 higher, instances to 8.00 higher. Very good demand for all weights of steers and heifers. The market is very active on those lightweight cattle to background, as those months of the Feeder Cattle contract are 20.00 higher than the current month, there is great optimism amongst cattle producers that prices would go higher yet. Cattle feeders are much more cautious than the backgrounders as they have been struggling with profitability as the fat market just did not get high enough for them this winter. Iowa cash fat cattle did top at 190.00, which is where many cattle have breakeven prices at. Slaughter cows uneven, Breakers 10.00 higher, Boners 2.00 to 3.00 higher, Lean cows too few to test. Slaughter bulls 5.00 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 under 550 lbs 8.00 to 10.00 higher, 550-800 lbs 2.00 to 5.00 higher, over 800 lbs steady to 2.00 higher. Feeder heifers under 700 lbs 2.00 to 7.00 higher, instances to 8.00 higher. Very good demand for all weights of steers and heifers. The market is very active on those lightweight cattle to background, as those months of the Feeder Cattle contract are 20.00 higher than the current month, there is great optimism amongst cattle producers that prices would go higher yet. Cattle feeders are much more cautious than the backgrounders as they have been struggling with profitability as the fat market just did not get high enough for them this winter. Iowa cash fat cattle did top at 190.00, which is where many cattle have breakeven prices at. Slaughter cows uneven, Breakers 10.00 higher, Boners 2.00 to 3.00 higher, Lean cows too few to test. Slaughter bulls 5.00 higher.