Compared to last week, a much lighter test of feeders sold with a weak to lower undertone as cattle futures have suffered severe losses over the last few trading days. A fire at a slaughter plant in Garden City, Kansas has shut down production and has the futures markets reeling with the expectation it will give packers even more leverage to work fed prices lower, all while trade issues and an increased interest in fake meat complicate the market. Also, the recent crop report came in with production estimates larger than expected and corn prices have seen a sharp decline as well. Supply was light and demand was moderate. Slaughter cows sold mostly steady.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium and Large 1-2 | 506 | 150.15 | 759 | 35 |
| Medium and Large 1 | 624 | 150.05 | 936 | 125 |
| Medium and Large 2 | 603 | 137.50 | 829 | 6thin |
| Medium 1 | 743 | 121.00 | 899 | 3thin |
| Class | Grade | Dressing | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|---|---|
| Bulls | — | High | 1,591 | 85.85 | 1,366 | 14 |
| Cows | Breaker 75-80% | Average | 1,419 | 68.08 | 966 | 7thin |
| Cows | Boner 80-85% | Low | 1,196 | 62.49 | 747 | 20 |
| Cows | Lean 85-90% | Average | 1,066 | 52.62 | 561 | 15 |
| Class | Weight | Grade / description | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Feeder Cattle · Steers13 lots · lightest first | |||||||
| Steers | — | Medium and Large 1-2 | 309 | 168.00/cwt | 168.00–168.00 | 519 | 6 |
| Steers | — | Medium and Large 1-2Fleshy | 406 | 148.00/cwt | 148.00–148.00 | 601 | 4 |
| Steers | — | Medium and Large 1 | 463 | 168.38/cwt | 166.00–170.00 | 780 | 5 |
| Steers | — | Medium and Large 1 | 515 | 167.48/cwt | 166.50–169.00 | 863 | 10 |
| Steers | — | Medium and Large 1-2 | 541 | 155.18/cwt | 153.00–156.00 | 840 | 11 |
| Steers | — | Medium and Large 1 | 561 | 158.54/cwt | 154.50–166.00 | 889 | 32 |
| Steers | — | Medium and Large 1-2 | 571 | 140.35/cwt | 138.00–141.00 | 801 | 9 |
| Steers | — | Medium and Large 2 | 603 | 137.50/cwt | 137.50–137.50 | 829 | 6 |
| Steers | — | Medium and Large 1 | 619 | 157.83/cwt | 154.50–161.00 | 977 | 14 |
| Steers | — | Medium and Large 1-2 | 627 | 137.00/cwt | 137.00–137.00 | 859 | 5 |
| Steers | — | Medium and Large 1 | 671 | 141.98/cwt | 139.00–144.00 | 953 | 51 |
| Steers | — | Medium 1 | 743 | 121.00/cwt | 121.00–121.00 | 899 | 3 |
| Steers | — | Medium and Large 1 | 746 | 132.00/cwt | 132.00–132.00 | 985 | 13 |
| Feeder Cattle · Heifers12 lots · lightest first | |||||||
| Heifers | — | Medium and Large 1-2 | 345 | 140.00/cwt | 140.00–140.00 | 483 | 3 |
| Heifers | — | Medium and Large 2 | 467 | 138.00/cwt | 138.00–138.00 | 644 | 3 |
| Heifers | — | Medium and Large 1-2 | 478 | 146.00/cwt | 146.00–146.00 | 698 | 4 |
| Heifers | — | Medium and Large 1 | 523 | 147.50/cwt | 147.50–147.50 | 771 | 4 |
| Heifers | — | Medium and Large 1-2 | 532 | 134.50/cwt | 134.50–134.50 | 716 | 3 |
| Heifers | — | Medium and Large 2 | 550 | 128.50/cwt | 128.50–128.50 | 707 | 6 |
| Heifers | — | Medium and Large 1-2 | 588 | 130.52/cwt | 128.50–134.50 | 767 | 12 |
| Heifers | — | Medium and Large 1 | 589 | 137.22/cwt | 135.00–140.00 | 808 | 31 |
| Heifers | — | Medium and Large 1-2 | 632 | 128.50/cwt | 128.50–128.50 | 812 | 3 |
| Heifers | — | Medium and Large 2 | 649 | 116.50/cwt | 116.50–116.50 | 756 | 7 |
| Heifers | — | Medium and Large 1-2 | 667 | 123.50/cwt | 123.50–123.50 | 824 | 6 |
| Heifers | — | Medium and Large 2 | 713 | 123.25/cwt | 123.25–123.25 | 879 | 3 |
| Feeder Cattle · Bulls2 lots · lightest first | |||||||
| Bulls | — | Medium and Large 1 | 659 | 132.00/cwt | 132.00–132.00 | 870 | 4 |
| Bulls | — | Medium and Large 1-2 | 840 | 111.50/cwt | 111.50–111.50 | 937 | 3 |
| Slaughter Cattle · Bulls3 lots · lightest first | |||||||
| Bulls | — | — | 1,536 | 86.82/cwt | 84.50–90.50 | 1,334 | 9 |
| Bulls | — | — | 1,540 | 77.05/cwt | 70.50–82.50 | 1,187 | 3 |
| Bulls | — | — | 1,918 | 94.71/cwt | 93.50–96.00 | 1,817 | 2 |
| Slaughter Cattle · Cows8 lots · lightest first | |||||||
| Cows | — | Lean 85-90% | 940 | 45.71/cwt | 42.00–48.00 | 430 | 4 |
| Cows | — | Lean 85-90% | 1,110 | 65.00/cwt | 65.00–65.00 | 722 | 1 |
| Cows | — | Lean 85-90% | 1,112 | 54.15/cwt | 50.50–57.00 | 602 | 10 |
| Cows | — | Boner 80-85% | 1,126 | 67.52/cwt | 66.00–70.50 | 760 | 4 |
| Cows | — | Boner 80-85% | 1,135 | 56.68/cwt | 56.00–57.50 | 643 | 2 |
| Cows | — | Boner 80-85% | 1,224 | 61.88/cwt | 58.00–65.50 | 757 | 14 |
| Cows | — | Breaker 75-80% | 1,341 | 66.02/cwt | 62.00–68.00 | 885 | 5 |
| Cows | — | Breaker 75-80% | 1,615 | 73.24/cwt | 72.50–74.00 | 1,183 | 2 |
| Replacement Cattle · Stock Cows1 lot · lightest first | |||||||
| Stock Cows | — | Medium and Large 1-2 | 1,015 | 70.51/cwt | 66.00–73.50 | 716 | 2 |
Compared to last week, a much lighter test of feeders sold with a weak to lower undertone as cattle futures have suffered severe losses over the last few trading days. A fire at a slaughter plant in Garden City, Kansas has shut down production and has the futures markets reeling with the expectation it will give packers even more leverage to work fed prices lower, all while trade issues and an increased interest in fake meat complicate the market. Also, the recent crop report came in with production estimates larger than expected and corn prices have seen a sharp decline as well. Supply was light and demand was moderate. Slaughter cows sold mostly steady.
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 10 | — | 1,112 | 50.50–57.00 | 54.15 |
| 4 | — | 940 | 42.00–48.00 | 45.71 |
| 1 | — | 1,110 | 65.00 | 65.00 |
| Cows — Breaker 75-80%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 5 | — | 1,341 | 62.00–68.00 | 66.02 |
| 2 | — | 1,615 | 72.50–74.00 | 73.24 |
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 2 | — | 1,135 | 56.00–57.50 | 56.68 |
| 4 | — | 1,126 | 66.00–70.50 | 67.52 |
| 14 | — | 1,224 | 58.00–65.50 | 61.88 |
| Bulls$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 2 | — | 1,918 | 93.50–96.00 | 94.71 |
| 3 | — | 1,540 | 70.50–82.50 | 77.05 |
| 9 | — | 1,536 | 84.50–90.50 | 86.82 |
| Bulls — Medium and Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 4 | — | 659 | 132.00 | 132.00 |
| Bulls — Medium and Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 3 | — | 840 | 111.50 | 111.50 |
| Heifers — Medium and Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 4 | — | 523 | 147.50 | 147.50 |
| 31 | — | 589 | 135.00–140.00 | 137.22 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 3 | — | 345 | 140.00 | 140.00 |
| 3 | — | 532 | 134.50 | 134.50 |
| 3 | — | 632 | 128.50 | 128.50 |
| 4 | — | 478 | 146.00 | 146.00 |
| 6 | — | 667 | 123.50 | 123.50 |
| 12 | — | 588 | 128.50–134.50 | 130.52 |
| Heifers — Medium and Large 2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 3 | — | 467 | 138.00 | 138.00 |
| 3 | — | 713 | 123.25 | 123.25 |
| 6 | — | 550 | 128.50 | 128.50 |
| 7 | — | 649 | 116.50 | 116.50 |
| Steers — Medium 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 3 | — | 743 | 121.00 | 121.00 |
| Steers — Medium and Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 5 | — | 463 | 166.00–170.00 | 168.38 |
| 10 | — | 515 | 166.50–169.00 | 167.48 |
| 13 | — | 746 | 132.00 | 132.00 |
| 14 | — | 619 | 154.50–161.00 | 157.83 |
| 32 | — | 561 | 154.50–166.00 | 158.54 |
| 51 | — | 671 | 139.00–144.00 | 141.98 |
| Steers — Medium and Large 1-2 · Fleshy$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 4 | — | 406 | 148.00 | 148.00 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 5 | — | 627 | 137.00 | 137.00 |
| 6 | — | 309 | 168.00 | 168.00 |
| 9 | — | 571 | 138.00–141.00 | 140.35 |
| 11 | — | 541 | 153.00–156.00 | 155.18 |
| Steers — Medium and Large 2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 6 | — | 603 | 137.50 | 137.50 |
| 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 | 2 | — | 1,015 | 66.00–73.50 | 70.51 |