Compared to last Wednesday, feeder steers under 600 lbs steady to 2.00 lower, over 600 lbs steady to 2.00 higher on a light test. Feeder heifers 2.00-7.00 higher. Slaughter cows steady to 2.00 higher. Demand good. Supply moderate. More new crop calves in the mix this week. Fed cattle have traded from 120.00-123.00/cwt so far this week, around 3.00-5.00/cwt higher. The arrow is pointing up on the cattle right now with the demand side of the equation rolling and plenty more upside if we can ever gain some leverage on the supply end and chip away at massive packer margins.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium and Large 1-2 | 479 | 176.47 | 846 | 26 |
| Medium and Large 1 | 539 | 174.33 | 940 | 349 |
| Large 1 | 690 | 139.50 | 963 | 6thin |
| Class | Grade | Dressing | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|---|---|
| Bulls | — | Average | 1,687 | 85.37 | 1,440 | 7thin |
| Cows | Breaker 75-80% | Average | 1,372 | 64.18 | 881 | 3thin |
| Cows | Boner 80-85% | Average | 1,243 | 62.79 | 780 | 12 |
| Cows | Lean 85-90% | Average | 1,107 | 51.09 | 565 | 17 |
| Class | Weight | Grade / description | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Feeder Cattle · Steers20 lots · lightest first | |||||||
| Steers | — | Medium and Large 1 | 285 | 197.00/cwt | 197.00–197.00 | 561 | 3 |
| Steers | — | Medium and Large 1 | 317 | 196.18/cwt | 192.00–199.00 | 622 | 8 |
| Steers | — | Medium and Large 1-2 | 363 | 189.98/cwt | 187.00–193.00 | 690 | 6 |
| Steers | — | Medium and Large 1 | 373 | 194.68/cwt | 186.00–208.00 | 726 | 10 |
| Steers | — | Medium and Large 1 | 424 | 190.60/cwt | 186.00–197.00 | 808 | 39 |
| Steers | — | Medium and Large 1-2 | 427 | 180.55/cwt | 172.00–190.00 | 771 | 4 |
| Steers | — | Medium and Large 1Fleshy | 430 | 181.00/cwt | 181.00–181.00 | 778 | 5 |
| Steers | — | Medium and Large 1 | 473 | 186.97/cwt | 183.00–190.00 | 884 | 46 |
| Steers | — | Medium and Large 1 | 508 | 184.78/cwt | 181.00–187.75 | 939 | 86 |
| Steers | — | Medium and Large 1-2 | 536 | 170.39/cwt | 156.50–178.00 | 913 | 16 |
| Steers | — | Medium and Large 1Full | 550 | 165.00/cwt | 165.00–165.00 | 908 | 8 |
| Steers | — | Medium and Large 1 | 577 | 166.80/cwt | 160.00–171.00 | 962 | 58 |
| Steers | — | Medium and Large 1Fleshy | 595 | 153.50/cwt | 153.50–153.50 | 913 | 5 |
| Steers | — | Medium and Large 1 | 604 | 158.60/cwt | 158.00–159.00 | 958 | 5 |
| Steers | — | Medium and Large 1Unweaned | 675 | 146.00/cwt | 146.00–146.00 | 986 | 6 |
| Steers | — | Medium and Large 1 | 679 | 152.45/cwt | 147.00–154.00 | 1,035 | 57 |
| Steers | — | Large 1 | 690 | 139.50/cwt | 139.50–139.50 | 963 | 6 |
| Steers | — | Medium and Large 1 | 720 | 146.25/cwt | 146.25–146.25 | 1,053 | 6 |
| Steers | — | Medium and Large 1 | 770 | 139.00/cwt | 139.00–139.00 | 1,070 | 3 |
| Steers | — | Medium and Large 1 | 900 | 122.25/cwt | 122.25–122.25 | 1,100 | 4 |
| Feeder Cattle · Heifers15 lots · lightest first | |||||||
| Heifers | — | Medium and Large 1 | 334 | 163.76/cwt | 161.00–170.00 | 547 | 15 |
| Heifers | — | Medium and Large 1 | 377 | 164.62/cwt | 162.00–168.00 | 621 | 9 |
| Heifers | — | Medium and Large 1 | 422 | 171.74/cwt | 170.00–176.00 | 725 | 49 |
| Heifers | — | Medium and Large 1-2 | 431 | 159.12/cwt | 155.00–163.00 | 686 | 11 |
| Heifers | — | Medium and Large 1-2 | 459 | 150.95/cwt | 146.00–155.00 | 693 | 9 |
| Heifers | — | Medium and Large 1 | 480 | 162.25/cwt | 156.50–168.00 | 779 | 69 |
| Heifers | — | Medium and Large 1 | 515 | 157.53/cwt | 151.00–165.25 | 811 | 55 |
| Heifers | — | Medium and Large 1-2 | 520 | 148.36/cwt | 141.50–152.00 | 771 | 11 |
| Heifers | — | Medium and Large 1-2 | 583 | 141.64/cwt | 138.00–148.00 | 826 | 7 |
| Heifers | — | Medium and Large 1 | 585 | 148.51/cwt | 143.00–151.00 | 869 | 41 |
| Heifers | — | Medium and Large 1-2 | 637 | 136.56/cwt | 134.00–141.75 | 870 | 48 |
| Heifers | — | Medium and Large 1 | 663 | 140.54/cwt | 136.00–142.25 | 932 | 27 |
| Heifers | — | Medium and Large 1-2 | 670 | 136.00/cwt | 136.00–136.00 | 911 | 3 |
| Heifers | — | Medium and Large 1 | 700 | 138.50/cwt | 138.50–138.50 | 970 | 13 |
| Heifers | — | Medium and Large 1 | 935 | 113.25/cwt | 113.25–113.25 | 1,059 | 5 |
| Feeder Cattle · Bulls6 lots · lightest first | |||||||
| Bulls | — | Medium and Large 1-2 | 360 | 185.00/cwt | 185.00–185.00 | 666 | 7 |
| Bulls | — | Medium and Large 1-2 | 423 | 174.40/cwt | 172.00–177.00 | 738 | 4 |
| Bulls | — | Medium and Large 1-2 | 458 | 166.78/cwt | 157.50–176.00 | 764 | 24 |
| Bulls | — | Medium and Large 1-2 | 529 | 150.45/cwt | 129.50–157.50 | 796 | 17 |
| Bulls | — | Medium and Large 1-2 | 583 | 134.63/cwt | 130.00–137.00 | 785 | 10 |
| Bulls | — | Medium and Large 1-2 | 653 | 134.41/cwt | 125.00–138.50 | 878 | 10 |
| Slaughter Cattle · Bulls2 lots · lightest first | |||||||
| Bulls | — | — | 1,613 | 66.65/cwt | 62.00–72.00 | 1,075 | 2 |
| Bulls | — | — | 1,717 | 92.86/cwt | 84.00–98.00 | 1,594 | 5 |
| Slaughter Cattle · Cows4 lots · lightest first | |||||||
| Cows | — | Lean 85-90% | 1,058 | 45.49/cwt | 35.00–50.00 | 481 | 6 |
| Cows | — | Lean 85-90% | 1,133 | 54.15/cwt | 50.00–58.00 | 614 | 11 |
| Cows | — | Boner 80-85% | 1,243 | 62.79/cwt | 58.00–66.00 | 780 | 12 |
| Cows | — | Breaker 75-80% | 1,372 | 64.18/cwt | 63.00–65.00 | 881 | 3 |
| Replacement Cattle · Bred Cows1 lot · lightest first | |||||||
| Bred Cows | — | Medium and Large 1-2 | 1,223 | 1,076.90/cwt | 900.00–1,160.00 | 13,170 | 4 |
Compared to last Wednesday, feeder steers under 600 lbs steady to 2.00 lower, over 600 lbs steady to 2.00 higher on a light test. Feeder heifers 2.00-7.00 higher. Slaughter cows steady to 2.00 higher. Demand good. Supply moderate. More new crop calves in the mix this week. Fed cattle have traded from 120.00-123.00/cwt so far this week, around 3.00-5.00/cwt higher. The arrow is pointing up on the cattle right now with the demand side of the equation rolling and plenty more upside if we can ever gain some leverage on the supply end and chip away at massive packer margins.
| Bulls$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 5 | — | 1,717 | 84.00–98.00 | 92.86 |
| 2 | — | 1,613 | 62.00–72.00 | 66.65 |
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 12 | — | 1,243 | 58.00–66.00 | 62.79 |
| Cows — Breaker 75-80%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 3 | — | 1,372 | 63.00–65.00 | 64.18 |
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 11 | — | 1,133 | 50.00–58.00 | 54.15 |
| 6 | — | 1,058 | 35.00–50.00 | 45.49 |
| Steers — Medium and Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 5 | — | 604 | 158.00–159.00 | 158.60 |
| 4 | — | 900 | 122.25 | 122.25 |
| 39 | — | 424 | 186.00–197.00 | 190.60 |
| 6 | — | 720 | 146.25 | 146.25 |
| 10 | — | 373 | 186.00–208.00 | 194.68 |
| 57 | — | 679 | 147.00–154.00 | 152.45 |
| 46 | — | 473 | 183.00–190.00 | 186.97 |
| 58 | — | 577 | 160.00–171.00 | 166.80 |
| 3 | — | 285 | 197.00 | 197.00 |
| 8 | — | 317 | 192.00–199.00 | 196.18 |
| 86 | — | 508 | 181.00–187.75 | 184.78 |
| 3 | — | 770 | 139.00 | 139.00 |
| Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 5 | — | 430 | 181.00 | 181.00 |
| 5 | — | 595 | 153.50 | 153.50 |
| Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 6 | — | 675 | 146.00 | 146.00 |
| Steers — Medium and Large 1 · Full$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 8 | — | 550 | 165.00 | 165.00 |
| Steers — Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 6 | — | 690 | 139.50 | 139.50 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 16 | — | 536 | 156.50–178.00 | 170.39 |
| 6 | — | 363 | 187.00–193.00 | 189.98 |
| 4 | — | 427 | 172.00–190.00 | 180.55 |
| Heifers — Medium and Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 9 | — | 377 | 162.00–168.00 | 164.62 |
| 13 | — | 700 | 138.50 | 138.50 |
| 15 | — | 334 | 161.00–170.00 | 163.76 |
| 41 | — | 585 | 143.00–151.00 | 148.51 |
| 55 | — | 515 | 151.00–165.25 | 157.53 |
| 5 | — | 935 | 113.25 | 113.25 |
| 69 | — | 480 | 156.50–168.00 | 162.25 |
| 27 | — | 663 | 136.00–142.25 | 140.54 |
| 49 | — | 422 | 170.00–176.00 | 171.74 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 3 | — | 670 | 136.00 | 136.00 |
| 9 | — | 459 | 146.00–155.00 | 150.95 |
| 48 | — | 637 | 134.00–141.75 | 136.56 |
| 11 | — | 431 | 155.00–163.00 | 159.12 |
| 11 | — | 520 | 141.50–152.00 | 148.36 |
| 7 | — | 583 | 138.00–148.00 | 141.64 |
| Bulls — Medium and Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 24 | — | 458 | 157.50–176.00 | 166.78 |
| 17 | — | 529 | 129.50–157.50 | 150.45 |
| 7 | — | 360 | 185.00 | 185.00 |
| 10 | — | 653 | 125.00–138.50 | 134.41 |
| 10 | — | 583 | 130.00–137.00 | 134.63 |
| 4 | — | 423 | 172.00–177.00 | 174.40 |
| Bred Cows — Medium and Large 1-2$ per cwt · actual wt | ||||||
| Age | Stage | Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|---|---|
| Middle Aged (5-8 yrs) | 1st/2nd Stage (1-6 mo) | 4 | — | 1,223 | 900.00–1,160.00 | 1,076.90 |