Compared to last Thursday, not enough stocker or feeder cattle offered today for accurate trends. Most offerings today where small lots and singles. CME Feeder cattle were mixed at the close, giving back their midday gains and going home within 30c of UNCH. The CME Feeder Cattle Index was 98 cents stronger to $183.04 on 3/01. Slaughter cows 6.00-7.00 lower. Slaughter bulls steady. Trade slow to moderate with light to moderate demand especially for beef type cows. The weekly Export Sales report showed 8,084 MT of beef was booked during the week that ended 2/23. That was a calendar low, with Mexico notably absent (booking only 400 MT). Beef exports for the week were 16,086 MT, a 4% drop wk/wk to bring the accumulated shipment to 124,631 MT.
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.
Compared to last Thursday, not enough stocker or feeder cattle offered today for accurate trends. Most offerings today where small lots and singles. CME Feeder cattle were mixed at the close, giving back their midday gains and going home within 30c of UNCH. The CME Feeder Cattle Index was 98 cents stronger to $183.04 on 3/01. Slaughter cows 6.00-7.00 lower. Slaughter bulls steady. Trade slow to moderate with light to moderate demand especially for beef type cows. The weekly Export Sales report showed 8,084 MT of beef was booked during the week that ended 2/23. That was a calendar low, with Mexico notably absent (booking only 400 MT). Beef exports for the week were 16,086 MT, a 4% drop wk/wk to bring the accumulated shipment to 124,631 MT.