heavy 6-weight M&L 1 steers$314.95/cwt+14.79 vs last sale · ≈ $2,119/hd at 673 lb · 1,116 head
light 6-weight M&L 1 heifers$303.66/cwt+20.91 vs last sale · ≈ $1,926/hd at 634 lb · 1,084 head
heavy 7-weight M&L 1 steers$287.18/cwt+13.73 vs last sale · ≈ $2,203/hd at 767 lb · 1,050 head
Receipts
Head
This sale
Last sale
Last year
Total receipts
17,785
16,137
23,387
Feeder cattle
17,785
15,047
23,387
Slaughter cattle
—
1,090
—
Market comments — USDA reporter
Compared to two weeks ago: Feeder steers 7.00 to 10.00 higher, instances of 15.00 to 20.00 higher. Feeder heifers 5.00 to 10.00 higher. Very good demand for all weights of steers and heifers, the market was incredibly active as there have been few sales due to the Christmas and New Years holidays and buyers were out in force and ready to buy cattle when they are offered. The cash fed cattle market shot higher again, all the way up to 201.00, leaving the CME Live Cattle futures contracts 7.00 under the cash. Cattle feeders paid no attention to the futures contracts as they fail to keep pace with the fundamentals of the cash trades. Just a few auction locations hosted sales this week, that fact helped to fan the flames on the feeder cattle market as cattle feeders want to get cattle bought right now. Large auction receipts expected next week as auction markets get back on their normal weekly schedules.
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 two weeks ago: Feeder steers 7.00 to 10.00 higher, instances of 15.00 to 20.00 higher. Feeder heifers 5.00 to 10.00 higher. Very good demand for all weights of steers and heifers, the market was incredibly active as there have been few sales due to the Christmas and New Years holidays and buyers were out in force and ready to buy cattle when they are offered. The cash fed cattle market shot higher again, all the way up to 201.00, leaving the CME Live Cattle futures contracts 7.00 under the cash. Cattle feeders paid no attention to the futures contracts as they fail to keep pace with the fundamentals of the cash trades. Just a few auction locations hosted sales this week, that fact helped to fan the flames on the feeder cattle market as cattle feeders want to get cattle bought right now. Large auction receipts expected next week as auction markets get back on their normal weekly schedules.