light 8-weight M&L 1 steers$263.11/cwt+7.29 vs last sale · ≈ $2,173/hd at 826 lb · 1,573 head
heavy 7-weight M&L 1 heifers$243.17/cwt+9.28 vs last sale · ≈ $1,878/hd at 772 lb · 1,509 head
light 8-weight M&L 1 heifers$240.43/cwt+15.07 vs last sale · ≈ $1,959/hd at 815 lb · 1,381 head
Receipts
Head
This sale
Last sale
Last year
Total receipts
20,022
18,988
18,097
Feeder cattle
19,291
17,988
17,122
Slaughter cattle
731
1,000
975
Market comments — USDA reporter
Compared to last week: Feeder steers under 800 lbs 4.00 to 6.00 higher, instances of 10.00 to 20.00 higher on 600-700 lbs, over 800 lbs 5.00 to 8.00 higher. Feeder heifers under 850 lbs 6.00 to 12.00 higher, over 850 lbs 3.00 to 4.00 higher. Very good demand for all weights of steers and heifers this week as the cash fed cattle market was able to climb to 187.00 and the futures contracts made gains as well. The lack of the futures following the cash markets was really adding resistance to the feeder cattle market, as the futures seemed to find a floor and move back higher so did the spirits of cattle producers along with their willingness to give more money to get cattle bought. The grass is green and growing, turnout time is just about upon us, this is keeping demand for light fleshed cattle, to turn out on grass, red hot. This week was a major psychological win for the cattle feeder as the lows that were posted in the Live Cattle contracts seemed to finally hit the point where support was find and then turn higher. The summer contracts briefly dipped into the 160s, which would be nothing short of devastating to cattle feeders bottom lines, but then the longs stepped back in and drove those months back towards 180.00. Slaughter cows steady to 2.00 higher, bulls 5.00 to 6.00 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 800 lbs 4.00 to 6.00 higher, instances of 10.00 to 20.00 higher on 600-700 lbs, over 800 lbs 5.00 to 8.00 higher. Feeder heifers under 850 lbs 6.00 to 12.00 higher, over 850 lbs 3.00 to 4.00 higher. Very good demand for all weights of steers and heifers this week as the cash fed cattle market was able to climb to 187.00 and the futures contracts made gains as well. The lack of the futures following the cash markets was really adding resistance to the feeder cattle market, as the futures seemed to find a floor and move back higher so did the spirits of cattle producers along with their willingness to give more money to get cattle bought. The grass is green and growing, turnout time is just about upon us, this is keeping demand for light fleshed cattle, to turn out on grass, red hot. This week was a major psychological win for the cattle feeder as the lows that were posted in the Live Cattle contracts seemed to finally hit the point where support was find and then turn higher. The summer contracts briefly dipped into the 160s, which would be nothing short of devastating to cattle feeders bottom lines, but then the longs stepped back in and drove those months back towards 180.00. Slaughter cows steady to 2.00 higher, bulls 5.00 to 6.00 higher.