heavy 9-weight M&L 1 steers$229.66/cwt+3.59 vs last sale · ≈ $2,223/hd at 968 lb · 1,067 head
light 8-weight M&L 1 steers$255.82/cwt+1.46 vs last sale · ≈ $2,113/hd at 826 lb · 1,033 head
heavy 6-weight M&L 1 steers$295.63/cwt+2.85 vs last sale · ≈ $2,010/hd at 680 lb · 1,011 head
Receipts
Head
This sale
Last sale
Last year
Total receipts
18,988
20,758
25,411
Feeder cattle
17,988
19,639
24,173
Slaughter cattle
1,000
1,119
1,238
Market comments — USDA reporter
Compared to last week: Feeder steers 2.00 to 4.00 higher, heifers under 700 lbs 3.00 to 4.00 lower, over 700 lbs steady to 3.00 higher. Good demand for all weights of steers and heifers in spite of the CME Live Cattle futures contracts. Cattle feeders continue to be disappointed as the April futures contract won't rise up to meet the cash fed cattle market, and is holding at a level 10.00 below breakeven price for many cattle. The feeder cattle market remains incredibly stout and the competition is great even at these new lower Live Cattle futures prices of the 170s for the summer and fall months. The Feeder Cattle futures contracts remain 15.00 plus below their earlier levels but that hasn't put a damper on the feeder market at all. Cash fed cattle at 184.00 as packers are struggling to hold the cutout together. Lean cow beef continues to outsell the boxed cuts by 30.00 plus, as the demand is great for ground beef. Turnout time is very near, which is keeping the demand for grass cattle red hot but supplies of those kind are getting tough to find any sizable number of. Slaughter cows steady to 1.00 higher, bulls 4.00 to 7.00 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 2.00 to 4.00 higher, heifers under 700 lbs 3.00 to 4.00 lower, over 700 lbs steady to 3.00 higher. Good demand for all weights of steers and heifers in spite of the CME Live Cattle futures contracts. Cattle feeders continue to be disappointed as the April futures contract won't rise up to meet the cash fed cattle market, and is holding at a level 10.00 below breakeven price for many cattle. The feeder cattle market remains incredibly stout and the competition is great even at these new lower Live Cattle futures prices of the 170s for the summer and fall months. The Feeder Cattle futures contracts remain 15.00 plus below their earlier levels but that hasn't put a damper on the feeder market at all. Cash fed cattle at 184.00 as packers are struggling to hold the cutout together. Lean cow beef continues to outsell the boxed cuts by 30.00 plus, as the demand is great for ground beef. Turnout time is very near, which is keeping the demand for grass cattle red hot but supplies of those kind are getting tough to find any sizable number of. Slaughter cows steady to 1.00 higher, bulls 4.00 to 7.00 lower.