Compared to last Tuesday, feeder steers and heifers steady. Slaughter cows 1.00-3.00 lower. Demand moderate to good. Supply moderate. Feeder offering mostly lighter cattle weighing 650 lbs and down. A special cow sale followed the feeders with several bred cows and a few pairs. The upheaval in the industry caused by labor shortages at many processing plants is continuing with the 3+ week backlog of cattle now over 500,000 head. No one knows how much deeper the hole gets but even from here it looks like a long slog through some elevated carcass weights as the constraints of demand and packing capacity will make it much harder to catch up than it has been to get behind. On the bright side, Friday's Cattle on Feed report supported the notion of a late summer/fall marketing hole with March placements 23 percent below a year ago. which may help us to get current if we haven't before then. The choice cutout was sharply higher again Tuesday rising to an unheard of $330.82, zero of which producers are participating in with fed prices 30.00/cwt lower than a year ago.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium 1 | 429 | 145.00 | 622 | 5thin |
| Medium and Large 1 | 576 | 143.80 | 829 | 152 |
| Medium and Large 1-2 | 570 | 142.41 | 812 | 149 |
| Medium and Large 2 | 425 | 139.33 | 592 | 9thin |
| Large 1 | 507 | 137.50 | 697 | 12thin |
| Medium 1-2 | 629 | 128.75 | 809 | 8thin |
| Class | Grade | Dressing | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|---|---|
| Bulls | — | Average | 1,797 | 74.94 | 1,347 | 5thin |
| Cows | Breaker 75-80% | Average | 1,490 | 54.79 | 816 | 5thin |
| Cows | Boner 80-85% | Average | 1,271 | 54.70 | 695 | 13 |
| Cows | Lean 85-90% | Very Low | 972 | 35.65 | 346 | 32 |
| Class | Weight | Grade / description | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Feeder Cattle · Steers26 lots · lightest first | |||||||
| Steers | — | Medium and Large 1-2 | 326 | 172.64/cwt | 168.00–191.00 | 563 | 5 |
| Steers | — | Medium and Large 2 | 348 | 152.00/cwt | 152.00–152.00 | 529 | 3 |
| Steers | — | Medium and Large 1 | 365 | 172.52/cwt | 165.00–179.00 | 630 | 6 |
| Steers | — | Medium and Large 1 | 428 | 166.08/cwt | 164.50–169.00 | 711 | 11 |
| Steers | — | Medium 1 | 429 | 145.00/cwt | 145.00–145.00 | 622 | 5 |
| Steers | — | Medium and Large 1-2 | 435 | 150.65/cwt | 144.50–163.00 | 655 | 17 |
| Steers | — | Medium and Large 2 | 463 | 133.00/cwt | 131.00–135.00 | 616 | 6 |
| Steers | — | Medium and Large 1Fleshy | 469 | 145.83/cwt | 141.00–147.50 | 684 | 8 |
| Steers | — | Medium and Large 1-2 | 475 | 151.18/cwt | 147.50–155.50 | 718 | 14 |
| Steers | — | Large 1 | 488 | 140.00/cwt | 140.00–140.00 | 683 | 9 |
| Steers | — | Medium and Large 1 | 515 | 162.30/cwt | 148.00–166.50 | 836 | 20 |
| Steers | — | Medium and Large 1-2 | 540 | 143.53/cwt | 140.00–160.00 | 775 | 11 |
| Steers | — | Medium 1-2 | 553 | 135.00/cwt | 135.00–135.00 | 747 | 3 |
| Steers | — | Large 1 | 565 | 130.00/cwt | 130.00–130.00 | 735 | 3 |
| Steers | — | Medium and Large 1 | 574 | 144.95/cwt | 136.50–155.50 | 832 | 49 |
| Steers | — | Medium and Large 1-2 | 580 | 136.59/cwt | 135.00–140.00 | 792 | 13 |
| Steers | — | Medium and Large 1Unweaned | 589 | 130.50/cwt | 130.50–130.50 | 769 | 8 |
| Steers | — | Medium and Large 1-2 | 617 | 139.90/cwt | 135.00–140.50 | 863 | 85 |
| Steers | — | Medium and Large 1Fleshy | 627 | 125.00/cwt | 125.00–125.00 | 784 | 5 |
| Steers | — | Medium and Large 1 | 632 | 140.75/cwt | 140.00–141.50 | 890 | 10 |
| Steers | — | Medium and Large 1Fleshy | 653 | 126.00/cwt | 126.00–126.00 | 823 | 3 |
| Steers | — | Medium and Large 1 | 665 | 130.00/cwt | 130.00–130.00 | 865 | 17 |
| Steers | — | Medium and Large 1Unweaned | 670 | 122.00/cwt | 122.00–122.00 | 817 | 4 |
| Steers | — | Medium 1-2 | 674 | 125.00/cwt | 125.00–125.00 | 843 | 5 |
| Steers | — | Medium and Large 1 | 766 | 120.75/cwt | 120.75–120.75 | 925 | 11 |
| Steers | — | Medium and Large 1-2 | 845 | 108.00/cwt | 108.00–108.00 | 913 | 4 |
| Feeder Cattle · Heifers19 lots · lightest first | |||||||
| Heifers | — | Medium and Large 1 | 344 | 151.97/cwt | 144.00–160.00 | 523 | 4 |
| Heifers | — | Medium and Large 1 | 380 | 147.00/cwt | 147.00–147.00 | 559 | 4 |
| Heifers | — | Medium and Large 1 | 420 | 140.43/cwt | 138.50–142.50 | 590 | 6 |
| Heifers | — | Medium and Large 1-2 | 429 | 136.68/cwt | 135.00–139.00 | 586 | 12 |
| Heifers | — | Medium and Large 2 | 447 | 120.00/cwt | 120.00–120.00 | 536 | 3 |
| Heifers | — | Medium and Large 1 | 450 | 140.00/cwt | 140.00–140.00 | 630 | 4 |
| Heifers | — | Medium and Large 1Fleshy | 467 | 125.00/cwt | 125.00–125.00 | 584 | 3 |
| Heifers | — | Medium and Large 1-2 | 472 | 128.31/cwt | 125.00–134.00 | 606 | 19 |
| Heifers | — | Medium and Large 2 | 485 | 120.00/cwt | 120.00–120.00 | 582 | 4 |
| Heifers | — | Medium and Large 1Fleshy | 508 | 125.00/cwt | 125.00–125.00 | 635 | 6 |
| Heifers | — | Medium and Large 1 | 513 | 134.67/cwt | 132.00–136.00 | 691 | 6 |
| Heifers | — | Medium and Large 1-2 | 528 | 123.73/cwt | 122.50–125.00 | 653 | 4 |
| Heifers | — | Medium and Large 1-2 | 564 | 119.55/cwt | 114.00–121.00 | 674 | 44 |
| Heifers | — | Medium and Large 1 | 568 | 121.77/cwt | 119.00–124.50 | 692 | 51 |
| Heifers | — | Medium and Large 1-2 | 620 | 115.54/cwt | 110.00–118.00 | 716 | 11 |
| Heifers | — | Medium and Large 1 | 621 | 122.50/cwt | 122.50–122.50 | 761 | 7 |
| Heifers | — | Medium and Large 1-2 | 652 | 113.00/cwt | 113.00–113.00 | 737 | 5 |
| Heifers | — | Medium and Large 1 | 709 | 110.00/cwt | 110.00–110.00 | 780 | 14 |
| Heifers | — | Medium and Large 1-2 | 766 | 105.00/cwt | 105.00–105.00 | 804 | 4 |
| Feeder Cattle · Bulls4 lots · lightest first | |||||||
| Bulls | — | Medium and Large 1-2 | 460 | 132.86/cwt | 130.00–134.00 | 611 | 7 |
| Bulls | — | Medium and Large 1-2 | 515 | 130.51/cwt | 129.50–131.00 | 672 | 6 |
| Bulls | — | Medium and Large 1-2 | 560 | 122.96/cwt | 118.50–127.50 | 689 | 4 |
| Bulls | — | Medium and Large 1-2 | 677 | 104.70/cwt | 98.00–111.50 | 709 | 4 |
| Slaughter Cattle · Bulls2 lots · lightest first | |||||||
| Bulls | — | — | 1,460 | 64.50/cwt | 64.50–64.50 | 942 | 1 |
| Bulls | — | — | 1,881 | 77.55/cwt | 75.00–80.00 | 1,459 | 4 |
| Slaughter Cattle · Cows6 lots · lightest first | |||||||
| Cows | — | Lean 85-90% | 893 | 38.11/cwt | 35.50–40.50 | 340 | 4 |
| Cows | — | Lean 85-90% | 928 | 27.48/cwt | 20.00–29.50 | 255 | 17 |
| Cows | — | Lean 85-90% | 1,068 | 47.37/cwt | 43.00–49.00 | 506 | 11 |
| Cows | — | Boner 80-85% | 1,238 | 53.83/cwt | 51.00–56.00 | 666 | 11 |
| Cows | — | Boner 80-85% | 1,450 | 59.50/cwt | 59.50–59.50 | 863 | 2 |
| Cows | — | Breaker 75-80% | 1,490 | 54.79/cwt | 54.50–55.00 | 816 | 5 |
| Replacement Cattle · Stock Cows1 lot · lightest first | |||||||
| Stock Cows | — | Medium and Large 1-2 | 908 | 73.00/cwt | 73.00–73.00 | 663 | 5 |
| Replacement Cattle · Bred Cows3 lots · lightest first | |||||||
| Bred Cows | — | Medium and Large 1-2 | 1,199 | 1,072.53/cwt | 875.00–1,275.00 | 12,860 | 30 |
| Bred Cows | — | Medium and Large 1-2 | 1,242 | 785.00/cwt | 785.00–785.00 | 9,750 | 3 |
| Bred Cows | — | Medium and Large 1-2 | 1,282 | 803.43/cwt | 710.00–925.00 | 10,300 | 14 |
| Replacement Cattle · Cow-Calf Pairs2 lots · lightest first | |||||||
| Cow-Calf Pairs | — | Medium and Large 1-2 | 1,092 | 1,483.33/cwt | 1,250.00–1,600.00 | 16,198 | 6 |
| Cow-Calf Pairs | — | Medium and Large 1-2 | 1,300 | 1,425.00/cwt | 1,425.00–1,425.00 | 18,525 | 3 |
Compared to last Tuesday, feeder steers and heifers steady. Slaughter cows 1.00-3.00 lower. Demand moderate to good. Supply moderate. Feeder offering mostly lighter cattle weighing 650 lbs and down. A special cow sale followed the feeders with several bred cows and a few pairs. The upheaval in the industry caused by labor shortages at many processing plants is continuing with the 3+ week backlog of cattle now over 500,000 head. No one knows how much deeper the hole gets but even from here it looks like a long slog through some elevated carcass weights as the constraints of demand and packing capacity will make it much harder to catch up than it has been to get behind. On the bright side, Friday's Cattle on Feed report supported the notion of a late summer/fall marketing hole with March placements 23 percent below a year ago. which may help us to get current if we haven't before then. The choice cutout was sharply higher again Tuesday rising to an unheard of $330.82, zero of which producers are participating in with fed prices 30.00/cwt lower than a year ago.
| Heifers — Medium and Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 6 | — | 420 | 138.50–142.50 | 140.43 |
| 6 | — | 513 | 132.00–136.00 | 134.67 |
| 51 | — | 568 | 119.00–124.50 | 121.77 |
| 14 | — | 709 | 110.00 | 110.00 |
| 7 | — | 621 | 122.50 | 122.50 |
| 4 | — | 450 | 140.00 | 140.00 |
| 4 | — | 380 | 147.00 | 147.00 |
| 4 | — | 344 | 144.00–160.00 | 151.97 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 4 | — | 766 | 105.00 | 105.00 |
| 4 | — | 528 | 122.50–125.00 | 123.73 |
| 44 | — | 564 | 114.00–121.00 | 119.55 |
| 19 | — | 472 | 125.00–134.00 | 128.31 |
| 12 | — | 429 | 135.00–139.00 | 136.68 |
| 11 | — | 620 | 110.00–118.00 | 115.54 |
| 5 | — | 652 | 113.00 | 113.00 |
| Heifers — Medium and Large 2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 4 | — | 485 | 120.00 | 120.00 |
| 3 | — | 447 | 120.00 | 120.00 |
| Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 6 | — | 508 | 125.00 | 125.00 |
| 3 | — | 467 | 125.00 | 125.00 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 85 | — | 617 | 135.00–140.50 | 139.90 |
| 17 | — | 435 | 144.50–163.00 | 150.65 |
| 14 | — | 475 | 147.50–155.50 | 151.18 |
| 13 | — | 580 | 135.00–140.00 | 136.59 |
| 11 | — | 540 | 140.00–160.00 | 143.53 |
| 5 | — | 326 | 168.00–191.00 | 172.64 |
| 4 | — | 845 | 108.00 | 108.00 |
| Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 8 | — | 589 | 130.50 | 130.50 |
| 4 | — | 670 | 122.00 | 122.00 |
| Steers — Medium and Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 49 | — | 574 | 136.50–155.50 | 144.95 |
| 20 | — | 515 | 148.00–166.50 | 162.30 |
| 17 | — | 665 | 130.00 | 130.00 |
| 11 | — | 766 | 120.75 | 120.75 |
| 11 | — | 428 | 164.50–169.00 | 166.08 |
| 10 | — | 632 | 140.00–141.50 | 140.75 |
| 6 | — | 365 | 165.00–179.00 | 172.52 |
| Steers — Medium and Large 2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 6 | — | 463 | 131.00–135.00 | 133.00 |
| 3 | — | 348 | 152.00 | 152.00 |
| Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 5 | — | 627 | 125.00 | 125.00 |
| 3 | — | 653 | 126.00 | 126.00 |
| 8 | — | 469 | 141.00–147.50 | 145.83 |
| Steers — Medium 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 5 | — | 674 | 125.00 | 125.00 |
| 3 | — | 553 | 135.00 | 135.00 |
| Steers — Medium 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 5 | — | 429 | 145.00 | 145.00 |
| Steers — Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 9 | — | 488 | 140.00 | 140.00 |
| 3 | — | 565 | 130.00 | 130.00 |
| Bulls — Medium and Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 7 | — | 460 | 130.00–134.00 | 132.86 |
| 6 | — | 515 | 129.50–131.00 | 130.51 |
| 4 | — | 677 | 98.00–111.50 | 104.70 |
| 4 | — | 560 | 118.50–127.50 | 122.96 |
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 17 | — | 928 | 20.00–29.50 | 27.48 |
| 11 | — | 1,068 | 43.00–49.00 | 47.37 |
| 4 | — | 893 | 35.50–40.50 | 38.11 |
| Cows — Breaker 75-80%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 5 | — | 1,490 | 54.50–55.00 | 54.79 |
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 11 | — | 1,238 | 51.00–56.00 | 53.83 |
| 2 | — | 1,450 | 59.50 | 59.50 |
| Bulls$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 4 | — | 1,881 | 75.00–80.00 | 77.55 |
| 1 | — | 1,460 | 64.50 | 64.50 |
| Stock Cows — Medium and Large 1-2$ per cwt · actual wt | ||||||
| Age | Stage | Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|---|---|
| Young (2-4 yrs) | Open | 5 | — | 908 | 73.00 | 73.00 |
| Bred Cows — Medium and Large 1-2$ per cwt · actual wt | ||||||
| Age | Stage | Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|---|---|
| Middle Aged/Aged (>5 yrs) | 2nd/3rd Stage (4-9 mo) | 14 | — | 1,282 | 710.00–925.00 | 803.43 |
| Young/Middle Aged (2-8 yrs) | 2nd/3rd Stage (4-9 mo) | 30 | — | 1,199 | 875.00–1,275.00 | 1,072.53 |
| Middle Aged (5-8 yrs) | 1st Stage (1-3 mo) | 3 | — | 1,242 | 785.00 | 785.00 |
| Cow-Calf Pairs — Medium and Large 1-2$ per cwt · estimate wt | ||||||
| Age | Stage | Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|---|---|
| Middle Aged (5-8 yrs) | 1st/2nd Stage (1-6 mo) | 6 | — | 1,092 | 1,250.00–1,600.00 | 1,483.33 |
| Middle Aged (5-8 yrs) | Open | 3 | — | 1,300 | 1,425.00 | 1,425.00 |