Compared to the last sale four weeks ago, steers and heifers of all weights traded sharply lower. It's really a different world since the last sale in early March as the economy as a whole and the beef sector in particular has absorbed hit after hit. "Volatile" doesn't seem a strong enough word to describe the situation anymore, as daily limit up and down moves at the CME are almost expected; even harder to swallow is that it's driven by funds and not fundamentals. Those big moves take all the confidence out of a cash market and make it difficult for producers to decide when to turn loose as well as for buyers to figure what one is worth. Locally, lots of cattlemen have already held their stock longer than they normally would, waiting for the market to stabilize. Supply was heavy but the bulk of the cattle were absorbed by just a few volume buyers. Demand was moderate but faded later in the day.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium and Large 2 | 412 | 170.00 | 700 | 3thin |
| Medium and Large 1 | 633 | 152.46 | 965 | 740 |
| Medium and Large 1-2 | 609 | 148.93 | 908 | 370 |
| Large 1 | 677 | 141.39 | 957 | 36 |
| Medium 1-2 | 712 | 139.46 | 993 | 63 |
| Large 1-2 | 603 | 136.50 | 823 | 3thin |
| Class | Grade | Dressing | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|---|---|
| Bulls | — | Average | 1,830 | 81.62 | 1,494 | 12 |
| Cows | Breaker 75-80% | Low | 1,518 | 53.89 | 818 | 18 |
| Cows | Boner 80-85% | Low | 1,232 | 52.42 | 646 | 27 |
| Cows | Lean 85-90% | Average | 1,111 | 46.14 | 513 | 21 |
| Class | Weight | Grade / description | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Feeder Cattle · Steers25 lots · lightest first | |||||||
| Steers | — | Medium and Large 1-2 | 386 | 175.73/cwt | 174.50–178.00 | 678 | 14 |
| Steers | — | Medium and Large 2Thin Fleshed | 412 | 170.00/cwt | 170.00–170.00 | 700 | 3 |
| Steers | — | Medium and Large 1 | 428 | 178.50/cwt | 178.50–178.50 | 764 | 5 |
| Steers | — | Medium and Large 1-2Unweaned | 448 | 159.00/cwt | 159.00–159.00 | 712 | 4 |
| Steers | — | Medium and Large 1Unweaned | 459 | 170.50/cwt | 170.50–170.50 | 783 | 15 |
| Steers | — | Medium and Large 1 | 470 | 179.54/cwt | 174.50–180.00 | 844 | 46 |
| Steers | — | Medium and Large 1-2 | 474 | 164.35/cwt | 162.50–170.00 | 779 | 44 |
| Steers | — | Medium and Large 1-2 | 511 | 166.20/cwt | 164.50–166.50 | 849 | 20 |
| Steers | — | Medium and Large 1Unweaned | 515 | 151.00/cwt | 151.00–151.00 | 778 | 3 |
| Steers | — | Medium and Large 1 | 523 | 168.33/cwt | 161.00–171.50 | 880 | 94 |
| Steers | — | Medium and Large 1 | 569 | 164.03/cwt | 162.75–165.85 | 933 | 56 |
| Steers | — | Medium and Large 1-2 | 578 | 155.37/cwt | 152.25–158.00 | 898 | 66 |
| Steers | — | Large 1-2 | 603 | 136.50/cwt | 136.50–136.50 | 823 | 3 |
| Steers | — | Medium and Large 1-2 | 610 | 148.57/cwt | 145.00–152.00 | 906 | 99 |
| Steers | — | Large 1 | 620 | 152.00/cwt | 152.00–152.00 | 942 | 7 |
| Steers | — | Medium and Large 1 | 630 | 152.69/cwt | 146.50–157.00 | 962 | 304 |
| Steers | — | Medium 1-2 | 673 | 144.75/cwt | 144.75–144.75 | 974 | 40 |
| Steers | — | Medium and Large 1-2 | 683 | 134.71/cwt | 131.50–140.50 | 920 | 40 |
| Steers | — | Large 1 | 691 | 138.83/cwt | 138.00–146.00 | 959 | 29 |
| Steers | — | Medium and Large 1 | 718 | 137.16/cwt | 135.00–144.00 | 985 | 81 |
| Steers | — | Medium and Large 1-2 | 736 | 134.87/cwt | 132.00–135.25 | 993 | 69 |
| Steers | — | Medium and Large 1-2 | 757 | 128.17/cwt | 124.00–130.50 | 970 | 14 |
| Steers | — | Medium and Large 1 | 775 | 133.61/cwt | 127.00–140.50 | 1,035 | 130 |
| Steers | — | Medium 1-2 | 780 | 130.25/cwt | 130.25–130.25 | 1,016 | 23 |
| Steers | — | Medium and Large 1 | 805 | 125.00/cwt | 125.00–125.00 | 1,006 | 6 |
| Feeder Cattle · Heifers19 lots · lightest first | |||||||
| Heifers | — | Medium and Large 1-2 | 332 | 144.50/cwt | 144.50–144.50 | 480 | 5 |
| Heifers | — | Medium and Large 1-2 | 360 | 141.85/cwt | 140.00–143.50 | 511 | 11 |
| Heifers | — | Medium and Large 1-2Unweaned | 401 | 134.50/cwt | 134.50–134.50 | 539 | 5 |
| Heifers | — | Medium and Large 1-2 | 415 | 144.02/cwt | 142.00–145.00 | 598 | 16 |
| Heifers | — | Medium and Large 1-2 | 475 | 143.35/cwt | 139.00–150.50 | 681 | 50 |
| Heifers | — | Medium and Large 1 | 482 | 150.91/cwt | 144.75–154.00 | 727 | 102 |
| Heifers | — | Medium and Large 1-2Unweaned | 489 | 135.00/cwt | 135.00–135.00 | 660 | 5 |
| Heifers | — | Medium and Large 1 | 521 | 142.32/cwt | 135.00–149.00 | 741 | 106 |
| Heifers | — | Medium and Large 1-2 | 534 | 141.88/cwt | 130.00–147.00 | 758 | 29 |
| Heifers | — | Medium and Large 1-2 | 585 | 136.27/cwt | 127.00–141.00 | 797 | 119 |
| Heifers | — | Medium and Large 1 | 591 | 134.69/cwt | 132.00–144.00 | 796 | 65 |
| Heifers | — | Medium and Large 1-2 | 611 | 130.75/cwt | 124.00–134.00 | 799 | 58 |
| Heifers | — | Medium and Large 1 | 613 | 131.80/cwt | 130.00–134.00 | 808 | 167 |
| Heifers | — | Medium 1-2 | 651 | 127.00/cwt | 127.00–127.00 | 827 | 24 |
| Heifers | — | Large 1 | 655 | 129.00/cwt | 129.00–129.00 | 845 | 30 |
| Heifers | — | Medium and Large 1-2 | 665 | 126.57/cwt | 126.50–127.00 | 842 | 40 |
| Heifers | — | Medium and Large 1 | 686 | 125.30/cwt | 125.00–126.00 | 860 | 86 |
| Heifers | — | Large 1-2 | 697 | 121.00/cwt | 121.00–121.00 | 843 | 7 |
| Heifers | — | Medium and Large 1-2 | 706 | 115.00/cwt | 115.00–115.00 | 812 | 7 |
| Slaughter Cattle · Bulls1 lot · lightest first | |||||||
| Bulls | — | — | 1,830 | 81.62/cwt | 75.50–89.25 | 1,494 | 12 |
| Slaughter Cattle · Cows6 lots · lightest first | |||||||
| Cows | — | Lean 85-90% | 1,010 | 41.88/cwt | 40.00–43.50 | 423 | 4 |
| Cows | — | Lean 85-90% | 1,135 | 47.14/cwt | 43.00–50.00 | 535 | 17 |
| Cows | — | Boner 80-85% | 1,142 | 47.92/cwt | 46.00–49.50 | 547 | 5 |
| Cows | — | Boner 80-85% | 1,253 | 53.44/cwt | 51.50–54.50 | 670 | 22 |
| Cows | — | Breaker 75-80% | 1,475 | 49.12/cwt | 46.00–51.50 | 725 | 3 |
| Cows | — | Breaker 75-80% | 1,527 | 54.84/cwt | 52.50–58.50 | 837 | 15 |
Compared to the last sale four weeks ago, steers and heifers of all weights traded sharply lower. It's really a different world since the last sale in early March as the economy as a whole and the beef sector in particular has absorbed hit after hit. "Volatile" doesn't seem a strong enough word to describe the situation anymore, as daily limit up and down moves at the CME are almost expected; even harder to swallow is that it's driven by funds and not fundamentals. Those big moves take all the confidence out of a cash market and make it difficult for producers to decide when to turn loose as well as for buyers to figure what one is worth. Locally, lots of cattlemen have already held their stock longer than they normally would, waiting for the market to stabilize. Supply was heavy but the bulk of the cattle were absorbed by just a few volume buyers. Demand was moderate but faded later in the day.
| Steers — Medium and Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 81 | — | 718 | 135.00–144.00 | 137.16 |
| 304 | — | 630 | 146.50–157.00 | 152.69 |
| 46 | — | 470 | 174.50–180.00 | 179.54 |
| 94 | — | 523 | 161.00–171.50 | 168.33 |
| 5 | — | 428 | 178.50 | 178.50 |
| 56 | — | 569 | 162.75–165.85 | 164.03 |
| 130 | — | 775 | 127.00–140.50 | 133.61 |
| 6 | — | 805 | 125.00 | 125.00 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 14 | — | 386 | 174.50–178.00 | 175.73 |
| 40 | — | 683 | 131.50–140.50 | 134.71 |
| 69 | — | 736 | 132.00–135.25 | 134.87 |
| 14 | — | 757 | 124.00–130.50 | 128.17 |
| 44 | — | 474 | 162.50–170.00 | 164.35 |
| 99 | — | 610 | 145.00–152.00 | 148.57 |
| 20 | — | 511 | 164.50–166.50 | 166.20 |
| 66 | — | 578 | 152.25–158.00 | 155.37 |
| Steers — Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 29 | — | 691 | 138.00–146.00 | 138.83 |
| 7 | — | 620 | 152.00 | 152.00 |
| Steers — Medium 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 40 | — | 673 | 144.75 | 144.75 |
| 23 | — | 780 | 130.25 | 130.25 |
| Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 3 | — | 515 | 151.00 | 151.00 |
| 15 | — | 459 | 170.50 | 170.50 |
| Steers — Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 3 | — | 603 | 136.50 | 136.50 |
| Steers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 4 | — | 448 | 159.00 | 159.00 |
| Steers — Medium and Large 2 · Thin Fleshed$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 3 | — | 412 | 170.00 | 170.00 |
| Heifers — Medium and Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 86 | — | 686 | 125.00–126.00 | 125.30 |
| 167 | — | 613 | 130.00–134.00 | 131.80 |
| 65 | — | 591 | 132.00–144.00 | 134.69 |
| 106 | — | 521 | 135.00–149.00 | 142.32 |
| 102 | — | 482 | 144.75–154.00 | 150.91 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 11 | — | 360 | 140.00–143.50 | 141.85 |
| 40 | — | 665 | 126.50–127.00 | 126.57 |
| 50 | — | 475 | 139.00–150.50 | 143.35 |
| 7 | — | 706 | 115.00 | 115.00 |
| 29 | — | 534 | 130.00–147.00 | 141.88 |
| 119 | — | 585 | 127.00–141.00 | 136.27 |
| 58 | — | 611 | 124.00–134.00 | 130.75 |
| 16 | — | 415 | 142.00–145.00 | 144.02 |
| 5 | — | 332 | 144.50 | 144.50 |
| Heifers — Medium and Large 1-2 · Unweaned$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 5 | — | 401 | 134.50 | 134.50 |
| 5 | — | 489 | 135.00 | 135.00 |
| Heifers — Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 30 | — | 655 | 129.00 | 129.00 |
| Heifers — Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 7 | — | 697 | 121.00 | 121.00 |
| Heifers — Medium 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 24 | — | 651 | 127.00 | 127.00 |
| Bulls$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 12 | — | 1,830 | 75.50–89.25 | 81.62 |
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 17 | — | 1,135 | 43.00–50.00 | 47.14 |
| 4 | — | 1,010 | 40.00–43.50 | 41.88 |
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 5 | — | 1,142 | 46.00–49.50 | 47.92 |
| 22 | — | 1,253 | 51.50–54.50 | 53.44 |
| Cows — Breaker 75-80%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 3 | — | 1,475 | 46.00–51.50 | 49.12 |
| 15 | — | 1,527 | 52.50–58.50 | 54.84 |