light 9-weight M&L 1 steers$336.45/cwt-5.99 vs last sale · ≈ $3,108/hd at 924 lb · 1,896 head
heavy 8-weight M&L 1 steers$348.42/cwt-7.06 vs last sale · ≈ $3,052/hd at 876 lb · 1,617 head
heavy 7-weight M&L 1 steers$373.68/cwt-10.31 vs last sale · ≈ $2,896/hd at 775 lb · 1,563 head
Receipts
Head
This sale
Last sale
Last year
Total receipts
20,309
25,486
26,245
Feeder cattle
19,381
24,360
24,635
Slaughter cattle
928
1,126
1,610
Market comments — USDA reporter
Compared to last week: Feeder steers and heifers 5.00 to 10.00 lower, instances of 15.00 to 20.00 lower. Good demand yet for steers and heifers but there is a lot of uncertainty in the marketplace currently, and that led to a lower feeder cattle market. Cash fed cattle have slipped down to 235.00-237.00, which is the opposite direction cattle feeders were expecting this spring as they have historically seen the market make it's yearly high in the spring. With the outside market pressure as well, cattle feeders were determined to buy cattle lower.
▼ Feeder cattle: and that led to a lower feeder cattle market
▼ Feeder heifers: Feeder steers and heifers 5.00 to 10.00 lower
▼ Feeder steers: Feeder steers and heifers 5.00 to 10.00 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 and heifers 5.00 to 10.00 lower, instances of 15.00 to 20.00 lower. Good demand yet for steers and heifers but there is a lot of uncertainty in the marketplace currently, and that led to a lower feeder cattle market. Cash fed cattle have slipped down to 235.00-237.00, which is the opposite direction cattle feeders were expecting this spring as they have historically seen the market make it's yearly high in the spring. With the outside market pressure as well, cattle feeders were determined to buy cattle lower.