Cattle Market Pulse

Stockmen's Livestock Exchange Market Report

Dickinson, North Dakota · USDA-reported Auction Livestock

Sale of Thursday, March 24, 2022

2,765 head sold ·Official USDA report

This is an archived report. See the latest Stockmen's Livestock Exchange report →

light 7-weight M&L 1 steers $168.04/cwt +9.07 vs last sale · ≈ $1,200/hd at 714 lb · 341 head
light 6-weight M&L 1 heifers $163.89/cwt +8.19 vs last sale · ≈ $1,025/hd at 625 lb · 265 head
heavy 6-weight M&L 1 heifers $159.98/cwt +15.54 vs last sale · ≈ $1,073/hd at 671 lb · 161 head
HeadThis saleLast saleLast year
Total receipts 2,765 2,421 2,821
Feeder cattle 2,765 2,421 2,821

Compared to two weeks ago: Feeder steers under 600 lbs steady to firm, 600-750 lbs 8.00 to 10.00 higher, over 750 lbs mostly steady. Feeder heifers 2.00 to 5.00 higher, except 600-700 lbs 6.00 to 10.00 higher. Very good demand for this very nice offering of high quality, light fleshed steers and heifers. The market was more active this week as the Live Cattle futures stabilized somewhat and the corn futures haven't taken off running any further from where they are at. There is great hope for the feeder cattle market for the fall marketing season, as the Feeder Cattle futures for that time are nearly 30.00 higher than the current month. Yearling operators want to make sure they are ready to capitalize on that market if the rains come and the grass grows. The flesh condition this week was very attractive overall, which really helped to make a fast, active market. As costs of gain are so high, cattle feeders are willing to chase the market to get green cattle bought when they can. Next feeder cattle sale will be in two weeks, April 7, 2022 expecting 3,500-4,000 feeder cattle.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
421–438 432 62 214.50–225.00 $219.40 $948
457 thin fleshed 457 121 232.75 $232.75 $1,064
453–478 458 19 209.00–217.00 $215.24 $986
511–538 521 115 200.00–210.00 $207.42 $1,081 +9.37
539 539 18 188.00 $188.00 $1,013 -10.05
550 thin fleshed 550 105 212.75 $212.75 $1,170
556–581 564 42 177.00–200.00 $192.48 $1,086 +2.37
601–635 610 139 184.50–198.25 $189.20 $1,154 +16.01
663–687 675 45 171.00–179.00 $175.80 $1,187 +5.85
706–742 714 341 155.00–171.00 $168.04 $1,200 +9.07
763–791 781 22 146.00–156.75 $149.82 $1,170 -7.11
836–849 841 82 150.00–151.50 $150.89 $1,269 +0.04
879–880 880 28 146.50 $146.50 $1,289 +7.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
348 348 7 208.00 $208.00 $724
429 429 5 188.00 $188.00 $807 -19.00
451–454 452 15 182.50–189.00 $185.54 $839
594 594 6 180.00 $180.00 $1,069
610 610 28 184.50 $184.50 $1,125 +11.50
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1011 1011 11 138.25 $138.25 $1,398

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
424 424 25 181.00 $181.00 $767
481–498 485 65 177.00–180.50 $179.62 $871 -2.38
511–539 520 28 162.00–167.00 $163.60 $851 -4.26
555–599 572 79 161.00–170.00 $164.94 $943 +8.44
608 608 9 151.00 $151.00 $918 -4.70
604–645 626 256 158.50–168.50 $164.34 $1,029 +8.64
653–697 671 161 154.00–164.00 $159.98 $1,073 +11.38
700–733 723 145 137.50–155.00 $148.99 $1,077 +13.49
764–782 767 140 139.50–143.00 $142.37 $1,092 +4.39
813–848 844 80 133.50–138.60 $138.23 $1,167 +2.73
892 892 25 135.75 $135.75 $1,211
908 908 3 132.00 $132.00 $1,199
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
372 372 5 172.00 $172.00 $640 ±0.00
434–446 439 27 150.00–175.00 $162.58 $714
454 thin fleshed 454 9 172.00 $172.00 $781
497–499 498 19 164.00–170.00 $168.43 $839
505 thin fleshed 505 30 170.00 $170.00 $858
541 541 6 162.00 $162.00 $876

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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.