light 9-weight M&L 1 steers$233.73/cwt-10.29 vs last sale · ≈ $2,171/hd at 929 lb · 1,532 head
heavy 7-weight M&L 1 heifers$243.52/cwt+0.35 vs last sale · ≈ $1,878/hd at 771 lb · 947 head
light 8-weight M&L 1 steers$255.25/cwt-7.86 vs last sale · ≈ $2,116/hd at 829 lb · 686 head
Receipts
Head
This sale
Last sale
Last year
Total receipts
10,806
20,022
14,270
Feeder cattle
9,838
19,291
13,518
Slaughter cattle
968
731
752
Market comments — USDA reporter
Compared to last week: Feeder steers 5.00 to 10.00 lower, except 1000-1100 lbs steady to 2.00 lower. Feeder heifers 3.00 to 5.00 lower, instances to 10.00 lower. Moderate to good demand for steers and heifers, pressure on the feeder market this week from the volatility in the cattle futures contracts. Cash fed cattle traded higher, up to 187.00, but the contracts for the summer Live Cattle months are only in the 170s. Turnout time is basically here now, keeping demand red hot for those cattle in light enough flesh to run on grass as a yearling. Cattle feeders are much more cautious in their approach to the feeder market, than the backgrounders are, as the Live Cattle contracts continue to disappoint them. Widespread rain the last week has grass green and growing, drier and warmer weather needed to get corn planting going again. Slaughter cows and bulls steady.
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 5.00 to 10.00 lower, except 1000-1100 lbs steady to 2.00 lower. Feeder heifers 3.00 to 5.00 lower, instances to 10.00 lower. Moderate to good demand for steers and heifers, pressure on the feeder market this week from the volatility in the cattle futures contracts. Cash fed cattle traded higher, up to 187.00, but the contracts for the summer Live Cattle months are only in the 170s. Turnout time is basically here now, keeping demand red hot for those cattle in light enough flesh to run on grass as a yearling. Cattle feeders are much more cautious in their approach to the feeder market, than the backgrounders are, as the Live Cattle contracts continue to disappoint them. Widespread rain the last week has grass green and growing, drier and warmer weather needed to get corn planting going again. Slaughter cows and bulls steady.