Cattle Market Pulse

Stockmen's Livestock Exchange Market Report

Dickinson, North Dakota · USDA-reported Auction Livestock

Sale of Thursday, January 25, 2024

1,997 head sold ·Official USDA report

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

light 4-weight M&L 1 heifers $305.92/cwt +10.99 vs last sale · ≈ $1,288/hd at 421 lb · 144 head
light 6-weight M&L 1 heifers $257.97/cwt +6.52 vs last sale · ≈ $1,625/hd at 630 lb · 107 head
light 3-weight M&L 1 heifers $320.17/cwt +27.17 vs last sale · ≈ $1,117/hd at 349 lb · 104 head
HeadThis saleLast saleLast year
Total receipts 1,997 1,094 3,276
Feeder cattle 1,997 1,094 3,276

Compared to last week: Feeder steers under 650 lbs 6.00 to 10.00 higher, over 650 lbs rather steady. Feeder heifers under 550 lbs 8.00 to 10.00 higher, over 550 lbs steady to 4.00 higher, instances to 6.00 higher. Very good demand for all weights of feeder cattle, however the best demand and where the market was the most active was centered on those steers and heifers under 550 lbs to make yearlings of. Good demand for the replacement heifers offered. As the cattle futures continues to work it's way higher again, optimism is building for the fall marketing season and yearling operators are willing to compete heavily and chase the market to secure the cattle they need. The fall months of the Feeder Cattle contract at 268.00 is lending great support to the feeder cattle market. Live Cattle futures moving to 180.00 is very supportive as well, but cattle feeders are facing losses from yearlings they placed on feed last summer/fall and are being much more cautious as they buy cattle to refill empty pens. Next week expecting 3,000 feeders for the Greater Midwest Livestock Auctioneering contest.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
361–399 389 15 372.50–382.50 $380.02 $1,478
408 408 8 371.00 $371.00 $1,514 +28.61
461–490 476 22 327.00–347.50 $336.59 $1,602 -0.54
507–536 518 66 316.00–334.00 $328.31 $1,701 +20.00
564–593 579 42 293.00–304.00 $299.16 $1,732 +5.95
600–644 625 72 275.00–300.00 $285.86 $1,787 +8.61
659–699 691 54 249.75–276.00 $258.38 $1,785 -4.88
714–745 731 51 244.50–249.25 $247.69 $1,811 +0.09
781 781 16 236.00 $236.00 $1,843 +3.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
475 475 9 306.00 $306.00 $1,454
530 530 24 295.00 $295.00 $1,564
643 643 5 259.00 $259.00 $1,665 +10.00

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
343–349 349 104 307.00–323.00 $320.17 $1,117 +27.17
361–391 377 18 301.00–313.00 $305.35 $1,151
410–440 421 144 293.00–308.50 $305.92 $1,288 +10.99
463–495 478 72 279.00–313.00 $300.02 $1,434 +20.52
501–549 531 89 279.00–303.00 $294.41 $1,563 +29.61
565–586 573 27 270.00–271.00 $270.46 $1,550 +22.46
608 608 38 260.50–269.00 $263.18 $1,600 +11.73
619–646 642 69 249.00–259.25 $255.10 $1,638 +3.65
689 689 17 248.50 $248.50 $1,712 +5.44
709–725 722 33 232.50–234.00 $232.77 $1,681 +6.58
Medium and Large 1 ($/head)
Weight (lb) Avg wt Head Price range Avg $ Δ last sale
679 679 81 1,825.00–1,900.00 $1,862.04
706–735 724 166 1,725.00–1,865.00 $1,804.06
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt Head Price range Avg $ Δ last sale
279 279 29 700.00 $700.00 ±0.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
308–325 314 8 280.00 $280.00 $879 +19.00
435 435 13 321.00 $321.00 $1,396
483 483 5 267.00 $267.00 $1,290 -6.00

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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.