Compared to last week, steers and heifers sold mostly 5.00 to 10.00 with some feedlot bound steers seeing an even bigger drop after last week's sharp upswing. Slaughter cows steady to 2.00 lower. Pretty sour feeling to the beef sector in general this week with cattle futures in a free fall while grain prices sky rocket. Packer margins have cleared $500 for the past couple weeks and look to widen again since the cattle feeder can't find any leverage even with unprecedented beef demand. Supply light, demand light to moderate.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium and Large 1 | 564 | 162.90 | 919 | 123 |
| Medium 1-2 | 580 | 156.25 | 906 | 8thin |
| Medium and Large 1-2 | 643 | 151.76 | 976 | 239 |
| Class | Grade | Dressing | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|---|---|
| Bulls | — | Average | 1,842 | 90.98 | 1,676 | 6thin |
| Cows | Breaker 75-80% | High | 1,413 | 66.80 | 944 | 17 |
| Cows | Boner 80-85% | Low | 1,219 | 64.77 | 789 | 32 |
| Cows | Lean 85-90% | Average | 1,093 | 52.95 | 579 | 21 |
| Class | Weight | Grade / description | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Feeder Cattle · Steers15 lots · lightest first | |||||||
| Steers | — | Medium and Large 1-2 | 358 | 184.50/cwt | 184.50–184.50 | 661 | 4 |
| Steers | — | Medium and Large 1-2 | 420 | 173.28/cwt | 170.50–175.50 | 728 | 19 |
| Steers | — | Medium and Large 1 | 429 | 175.25/cwt | 175.25–175.25 | 752 | 12 |
| Steers | — | Medium and Large 1-2 | 463 | 166.73/cwt | 160.00–170.50 | 772 | 28 |
| Steers | — | Medium and Large 1-2 | 528 | 165.95/cwt | 160.00–170.00 | 876 | 25 |
| Steers | — | Medium and Large 1 | 531 | 171.08/cwt | 165.50–176.00 | 908 | 57 |
| Steers | — | Medium and Large 1 | 552 | 165.50/cwt | 165.50–165.50 | 914 | 5 |
| Steers | — | Medium and Large 1-2 | 573 | 155.56/cwt | 148.00–161.00 | 891 | 38 |
| Steers | — | Medium 1-2 | 580 | 156.25/cwt | 156.25–156.25 | 906 | 8 |
| Steers | — | Medium and Large 1 | 625 | 151.50/cwt | 151.50–151.50 | 947 | 31 |
| Steers | — | Medium and Large 1-2 | 631 | 146.25/cwt | 146.25–146.25 | 923 | 8 |
| Steers | — | Medium and Large 1-2 | 652 | 144.70/cwt | 144.50–145.00 | 943 | 23 |
| Steers | — | Medium and Large 1 | 658 | 147.69/cwt | 147.50–148.00 | 972 | 18 |
| Steers | — | Medium and Large 1-2 | 735 | 145.25/cwt | 145.25–145.25 | 1,068 | 34 |
| Steers | — | Medium and Large 1-2 | 855 | 134.60/cwt | 134.60–134.60 | 1,151 | 60 |
| Feeder Cattle · Heifers16 lots · lightest first | |||||||
| Heifers | — | Medium and Large 1 | 348 | 158.50/cwt | 158.50–158.50 | 552 | 8 |
| Heifers | — | Medium and Large 1-2 | 398 | 145.00/cwt | 145.00–145.00 | 577 | 5 |
| Heifers | — | Medium and Large 1 | 419 | 158.45/cwt | 150.00–162.00 | 664 | 14 |
| Heifers | — | Medium and Large 1-2 | 429 | 148.15/cwt | 145.00–150.00 | 636 | 15 |
| Heifers | — | Medium and Large 1-2 | 470 | 142.83/cwt | 139.50–145.50 | 671 | 34 |
| Heifers | — | Medium and Large 1 | 517 | 155.50/cwt | 155.50–155.50 | 804 | 3 |
| Heifers | — | Medium and Large 1-2 | 525 | 140.95/cwt | 135.00–144.25 | 740 | 36 |
| Heifers | — | Medium and Large 1 | 579 | 144.94/cwt | 142.50–147.00 | 839 | 41 |
| Heifers | — | Medium and Large 1-2 | 580 | 134.74/cwt | 126.00–139.75 | 781 | 21 |
| Heifers | — | Medium and Large 1-2Fleshy | 607 | 127.00/cwt | 127.00–127.00 | 771 | 3 |
| Heifers | — | Medium and Large 1 | 624 | 133.50/cwt | 133.50–133.50 | 833 | 8 |
| Heifers | — | Medium and Large 1-2 | 668 | 134.22/cwt | 128.50–134.75 | 897 | 35 |
| Heifers | — | Medium and Large 1 | 698 | 137.25/cwt | 137.25–137.25 | 958 | 18 |
| Heifers | — | Medium and Large 1 | 744 | 128.00/cwt | 128.00–128.00 | 952 | 5 |
| Heifers | — | Medium and Large 1-2 | 773 | 122.21/cwt | 120.50–127.50 | 945 | 32 |
| Heifers | — | Medium and Large 2 | 830 | 108.50/cwt | 108.50–108.50 | 901 | 5 |
| Slaughter Cattle · Bulls1 lot · lightest first | |||||||
| Bulls | — | — | 1,842 | 90.98/cwt | 86.50–95.50 | 1,676 | 6 |
| Slaughter Cattle · Cows7 lots · lightest first | |||||||
| Cows | — | Lean 85-90% | 1,044 | 47.72/cwt | 45.00–50.00 | 498 | 7 |
| Cows | — | Boner 80-85% | 1,067 | 52.88/cwt | 52.00–54.50 | 564 | 3 |
| Cows | — | Lean 85-90% | 1,117 | 55.56/cwt | 53.50–58.50 | 621 | 14 |
| Cows | — | Boner 80-85% | 1,224 | 64.94/cwt | 59.00–69.00 | 795 | 24 |
| Cows | — | Boner 80-85% | 1,285 | 71.08/cwt | 69.00–71.50 | 913 | 5 |
| Cows | — | Breaker 75-80% | 1,405 | 65.88/cwt | 62.50–69.50 | 926 | 14 |
| Cows | — | Breaker 75-80% | 1,453 | 71.09/cwt | 69.00–72.50 | 1,033 | 3 |
Compared to last week, steers and heifers sold mostly 5.00 to 10.00 with some feedlot bound steers seeing an even bigger drop after last week's sharp upswing. Slaughter cows steady to 2.00 lower. Pretty sour feeling to the beef sector in general this week with cattle futures in a free fall while grain prices sky rocket. Packer margins have cleared $500 for the past couple weeks and look to widen again since the cattle feeder can't find any leverage even with unprecedented beef demand. Supply light, demand light to moderate.
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 3 | — | 1,067 | 52.00–54.50 | 52.88 |
| 24 | — | 1,224 | 59.00–69.00 | 64.94 |
| 5 | — | 1,285 | 69.00–71.50 | 71.08 |
| Cows — Breaker 75-80%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 3 | — | 1,453 | 69.00–72.50 | 71.09 |
| 14 | — | 1,405 | 62.50–69.50 | 65.88 |
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 14 | — | 1,117 | 53.50–58.50 | 55.56 |
| 7 | — | 1,044 | 45.00–50.00 | 47.72 |
| Bulls$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 6 | — | 1,842 | 86.50–95.50 | 90.98 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 60 | — | 855 | 134.60 | 134.60 |
| 23 | — | 652 | 144.50–145.00 | 144.70 |
| 19 | — | 420 | 170.50–175.50 | 173.28 |
| 8 | — | 631 | 146.25 | 146.25 |
| 34 | — | 735 | 145.25 | 145.25 |
| 28 | — | 463 | 160.00–170.50 | 166.73 |
| 38 | — | 573 | 148.00–161.00 | 155.56 |
| 4 | — | 358 | 184.50 | 184.50 |
| 25 | — | 528 | 160.00–170.00 | 165.95 |
| Steers — Medium and Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 5 | — | 552 | 165.50 | 165.50 |
| 12 | — | 429 | 175.25 | 175.25 |
| 18 | — | 658 | 147.50–148.00 | 147.69 |
| 31 | — | 625 | 151.50 | 151.50 |
| 57 | — | 531 | 165.50–176.00 | 171.08 |
| Steers — Medium 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 8 | — | 580 | 156.25 | 156.25 |
| Heifers — Medium and Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 18 | — | 698 | 137.25 | 137.25 |
| 14 | — | 419 | 150.00–162.00 | 158.45 |
| 8 | — | 348 | 158.50 | 158.50 |
| 41 | — | 579 | 142.50–147.00 | 144.94 |
| 8 | — | 624 | 133.50 | 133.50 |
| 3 | — | 517 | 155.50 | 155.50 |
| 5 | — | 744 | 128.00 | 128.00 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 32 | — | 773 | 120.50–127.50 | 122.21 |
| 15 | — | 429 | 145.00–150.00 | 148.15 |
| 21 | — | 580 | 126.00–139.75 | 134.74 |
| 35 | — | 668 | 128.50–134.75 | 134.22 |
| 36 | — | 525 | 135.00–144.25 | 140.95 |
| 34 | — | 470 | 139.50–145.50 | 142.83 |
| 5 | — | 398 | 145.00 | 145.00 |
| Heifers — Medium and Large 1-2 · Fleshy$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 3 | — | 607 | 127.00 | 127.00 |
| Heifers — Medium and Large 2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 5 | — | 830 | 108.50 | 108.50 |