Cattle Market Pulse

Springlake Graded Feeder Cattle Sale Market Report

Moneta, Virginia · USDA-reported Auction Livestock (Special Graded)

Sale of Saturday, March 23, 2024

225 head sold ·Official USDA report

This is an archived report. See the latest Springlake Graded Feeder Cattle Sale report →

heavy 4-weight M&L 2 heifers $271.00/cwt ≈ $1,236/hd at 456 lb · 26 head
heavy 4-weight M&L 1 bulls $288.00/cwt +11.00 vs last sale · ≈ $1,405/hd at 488 lb · 12 head
heavy 3-weight M&L 2 heifers $304.00/cwt +18.70 vs last sale · ≈ $1,094/hd at 360 lb · 11 head

Receipts

HeadThis saleLast saleLast year
Total receipts 225 543 396
Feeder cattle 225 543 396

Market comments — USDA reporter

State Graded Feeder Cattle (Steers 40, Heifers 104, Bulls 81)

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
395 395 1 342.50 $342.50 $1,353 —
451 451 5 320.00 $320.00 $1,443 —
515 515 1 306.00 $306.00 $1,576 +12.00
648 648 2 263.00 $263.00 $1,704 -10.00
723 723 2 238.00 $238.00 $1,721 +18.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
350 350 1 337.50 $337.50 $1,181 —
463 463 3 310.00 $310.00 $1,435 +5.00
578 578 2 284.00 $284.00 $1,642 —
657 657 3 256.00 $256.00 $1,682 —
750 750 1 228.00 $228.00 $1,710 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
450 450 3 315.00 $315.00 $1,418 —
520 520 1 275.00 $275.00 $1,430 -15.00
620 620 1 259.00 $259.00 $1,606 —

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Feeder Heifers

Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320 320 1 290.00 $290.00 $928 —
360 360 11 304.00 $304.00 $1,094 +18.70
456 456 26 271.00 $271.00 $1,236 —
547 547 10 257.50 $257.50 $1,409 -1.41
630 630 3 243.00 $243.00 $1,531 -5.00
770 770 1 197.00 $197.00 $1,517 —
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
410 410 1 267.00 $267.00 $1,095 —
471 471 4 268.00 $268.00 $1,262 —
539 539 8 251.75 $251.75 $1,357 -7.25
655 655 4 238.50 $238.50 $1,562 —
743 743 4 205.00 $205.00 $1,523 —
755 755 1 190.00 $190.00 $1,434 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
359 359 7 299.00 $299.00 $1,073 +49.96
440 440 7 263.00 $263.00 $1,157 +25.00
518 518 2 248.00 $248.00 $1,285 -6.00
605 605 1 235.00 $235.00 $1,422 +6.00

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
353 353 2 333.00 $333.00 $1,175 +32.00
429 429 7 307.00 $307.00 $1,317 +3.21
488 488 12 288.00 $288.00 $1,405 +11.00
530 530 1 262.00 $262.00 $1,389 -16.50
580 580 5 269.00 $269.00 $1,560 +13.00
646 646 6 254.00 $254.00 $1,641 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
350 350 3 335.00 $335.00 $1,172 ±0.00
423 423 7 320.00 $320.00 $1,354 +4.00
480–494 492 9 286.00–303.00 $301.16 $1,482 +6.48
573 573 5 276.00 $276.00 $1,581 +26.00
639 639 4 268.00 $268.00 $1,713 —
Medium and Large 3 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455 455 3 302.50 $302.50 $1,376 —
510 510 1 269.00 $269.00 $1,372 -1.00

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Reading this report

What does "Medium and Large 1" mean?

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.