light 8-weight M&L 1 steers$380.85/cwt+8.39 vs last sale · ≈ $3,172/hd at 833 lb · 1,422 head
light 9-weight M&L 1 steers$351.32/cwt-2.05 vs last sale · ≈ $3,254/hd at 926 lb · 1,365 head
heavy 9-weight M&L 1 steers$333.32/cwt-4.63 vs last sale · ≈ $3,251/hd at 975 lb · 1,251 head
Receipts
Head
This sale
Last sale
Last year
Total receipts
20,043
18,530
19,664
Feeder cattle
19,379
17,340
19,137
Slaughter cattle
664
1,190
527
Market comments — USDA reporter
Compared to last week: Feeder steers and heifers sold 2.00 to 5.00 lower, instances to 10.00 lower, except those lighter cattle to background 3.00 to 5.00 higher. Very good demand remains for light cattle to grow into yearlings, either in a yard or on grass, demand was more moderate to good on those heavier cattle suitable for finishing. As the CME cattle futures complex hit some resistance this week, and cash fat cattle slipped down to 244.00-246.00 early in the week, cattle feeders were approaching the feeder market a little more warily. Breakeven costs are higher than the futures contracts which is causing great concern, however the competition to buy cattle is so great as auction receipts are beginning their usual decline. Drought concerns are becoming greater with each passing week as warm temps and high winds continue to suck moisture from the ground.
→ Feeder cattle: cattle feeders were approaching the feeder market a little more warily
▼ Feeder heifers: Feeder steers and heifers sold 2.00 to 5.00 lower
▼ Feeder steers: Feeder steers and heifers sold 2.00 to 5.00 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 sold 2.00 to 5.00 lower, instances to 10.00 lower, except those lighter cattle to background 3.00 to 5.00 higher. Very good demand remains for light cattle to grow into yearlings, either in a yard or on grass, demand was more moderate to good on those heavier cattle suitable for finishing. As the CME cattle futures complex hit some resistance this week, and cash fat cattle slipped down to 244.00-246.00 early in the week, cattle feeders were approaching the feeder market a little more warily. Breakeven costs are higher than the futures contracts which is causing great concern, however the competition to buy cattle is so great as auction receipts are beginning their usual decline. Drought concerns are becoming greater with each passing week as warm temps and high winds continue to suck moisture from the ground.