Compared to last Thursday, not enough stocker or feeder cattle this week for accurate trends. Most offerings today where small lots and singles. CME feeders were down having closed $2.47 to $4.47 in the red. The 2/23 CME Feeder Cattle Index was another 44 cents weaker to $161.82. Slaughter cows steady to 1.00 lower. Slaughter bulls firm in a light test. Trade active with good demand on reduced receipts.
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.
Cattle Market
Compared to last Thursday, not enough stocker or feeder cattle this week for accurate trends. Most offerings today where small lots and singles. CME feeders were down having closed $2.47 to $4.47 in the red. The 2/23 CME Feeder Cattle Index was another 44 cents weaker to $161.82. Slaughter cows steady to 1.00 lower. Slaughter bulls firm in a light test. Trade active with good demand on reduced receipts.