Cattle Market Pulse

Stockmen's Livestock Exchange Market Report

Dickinson, North Dakota · USDA-reported Auction Livestock

Sale of Thursday, January 4, 2024

1,868 head sold ·Official USDA report

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

light 6-weight M&L 1 steers $278.04/cwt +17.36 vs last sale · ≈ $1,765/hd at 635 lb · 211 head
light 8-weight M&L 1 steers $223.92/cwt ≈ $1,854/hd at 828 lb · 208 head
heavy 5-weight M&L 1 steers $289.29/cwt +7.68 vs last sale · ≈ $1,658/hd at 573 lb · 154 head
HeadThis saleLast saleLast year
Total receipts 1,868 2,660 3,316
Feeder cattle 1,868 2,660 3,316

Compared to the last sale 3 weeks ago: Feeder steers 5.00 to 10.00 higher, except 700 lbs steers steady. Feeder heifers under 600 lbs 5.00 to 10.00 higher, over 600 lbs 3.00 to 5.00 higher. Good to very good demand for this nice offering of mostly weaned cattle. Flesh condition ran a little heavier this week, as there were more weaned consignments, light to moderate plus. Several consignments of calves coming right off the cows, but there was no discount as their flesh condition was lighter than most of the weaned offerings. The market was active overall. This winter season has been mild, with little snow cover, without the typical very cold temps, weaned cattle have put on flesh and weight easily. Cattle feeders are starting to feel a little better now that the futures contracts seemed to bottom and have come back up some. Cash fed cattle at 175.00, leaving a positive basis over the futures helped to support the feeder market as well.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
341 341 16 380.00 $380.00 $1,296 -7.00
368 368 6 379.00 $379.00 $1,395
400–430 412 37 340.00–358.00 $351.46 $1,448 +8.11
440 440 4 331.00 $331.00 $1,456 -12.35
454–492 484 58 310.00–334.50 $319.66 $1,547 +12.45
512–547 531 72 287.00–313.00 $302.89 $1,608 -0.88
555–592 573 154 275.50–304.00 $289.29 $1,658 +5.49
606 fancy 606 46 292.00 $292.00 $1,770
614–648 643 165 266.50–285.50 $274.15 $1,763 +13.47
658 fancy 658 8 280.25 $280.25 $1,844
655–695 675 76 250.75–272.50 $260.67 $1,760 +3.90
683 683 18 237.00 $237.00 $1,619 -19.77
722 722 5 221.00 $221.00 $1,596 -19.89
701–747 736 98 231.50–250.00 $245.22 $1,805 +4.33
790 790 6 220.00 $220.00 $1,738
814–842 828 208 222.25–225.50 $223.92 $1,854
906 906 23 206.00 $206.00 $1,866
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
458 458 6 295.00 $295.00 $1,351 -12.68
601 601 7 230.00 $230.00 $1,382 -13.56
Medium 1-2 ($/head)
Weight (lb) Avg wt Head Price range Avg $ Δ last sale
260 260 10 950.00 $950.00

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
368–393 381 6 286.00–300.00 $293.23 $1,117
456–493 472 73 275.00–294.00 $286.06 $1,350 +3.79
501–546 528 38 250.00–278.50 $265.15 $1,400 +7.92
552–553 fancy 553 37 274.75–275.00 $274.84 $1,520
565–599 585 86 249.00–266.50 $255.66 $1,496 +8.79
594 594 7 230.00 $230.00 $1,366 -16.87
601–628 616 124 237.00–247.00 $243.44 $1,500 +22.44
674–699 683 52 224.50–230.00 $227.79 $1,556 +5.80
706–741 713 54 207.00–229.25 $221.78 $1,581
765 765 26 210.50 $210.50 $1,610
987 987 5 189.00 $189.00 $1,865
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
340 340 10 285.00 $285.00 $969
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1144 1144 7 185.00 $185.00 $2,116
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
855 855 4 190.00 $190.00 $1,624

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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.