Compared to two weeks ago: Feeder steers 600-750 lbs 10.00 to 13.00 higher, other weights too narrowly compared. Feeder heifers steady to 5.00 higher in a narrow comparison. Good to very good demand for this nice offering of weaned fall calves and yearlings. The market was very active as cattle that can be ran on grass this summer are able to be turned out immediately. The grass is green and growing and yearling operators are active bidders as the fall months of the Feeder Cattle board are very attractive. The corn futures have stopped their meteoric rise, which is helping to settle the fears of cattle feeders somewhat. Cash fed cattle sales in Nebraska and Iowa continue to trade with a positive basis over the futures, which is helping to support the feeder cattle market. This report will not be released again until feeder cattle offerings increase in the late summer/early fall as is typical.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium and Large 1 | 623 | 166.05 | 1,034 | 555 |
| Medium and Large 1-2 | 543 | 158.22 | 860 | 35 |
| Class | Weight | Grade / description | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Feeder Cattle · Steers15 lots · lightest first | |||||||
| Steers | — | Medium and Large 1 | 424 | 215.00/cwt | 215.00–215.00 | 912 | 14 |
| Steers | — | Medium and Large 1-2 | 431 | 188.07/cwt | 185.00–191.00 | 811 | 10 |
| Steers | — | Medium and Large 1Fleshy | 449 | 185.00/cwt | 185.00–185.00 | 831 | 5 |
| Steers | — | Medium and Large 1-2 | 486 | 195.50/cwt | 195.50–195.50 | 950 | 4 |
| Steers | — | Medium and Large 1 | 487 | 209.71/cwt | 205.00–212.50 | 1,021 | 11 |
| Steers | — | Medium and Large 1 | 522 | 202.87/cwt | 197.00–204.50 | 1,059 | 27 |
| Steers | — | Medium and Large 1 | 572 | 196.20/cwt | 188.50–201.50 | 1,122 | 46 |
| Steers | — | Medium and Large 1Fleshy | 576 | 174.00/cwt | 174.00–174.00 | 1,002 | 10 |
| Steers | — | Medium and Large 1 | 641 | 194.60/cwt | 192.25–198.50 | 1,247 | 109 |
| Steers | — | Medium and Large 1-2 | 650 | 171.50/cwt | 171.50–171.50 | 1,115 | 9 |
| Steers | — | Medium and Large 1 | 683 | 175.85/cwt | 172.00–187.00 | 1,201 | 114 |
| Steers | — | Medium and Large 1 | 734 | 173.34/cwt | 171.00–177.00 | 1,272 | 103 |
| Steers | — | Medium and Large 1 | 756 | 169.50/cwt | 169.50–169.50 | 1,281 | 7 |
| Steers | — | Medium and Large 1 | 813 | 155.60/cwt | 153.00–156.50 | 1,265 | 50 |
| Steers | — | Medium and Large 1 | 940 | 142.39/cwt | 141.00–143.00 | 1,338 | 23 |
| Feeder Cattle · Heifers18 lots · lightest first | |||||||
| Heifers | — | Medium and Large 1 | 323 | 185.00/cwt | 185.00–185.00 | 598 | 10 |
| Heifers | — | Medium and Large 1 | 413 | 171.00/cwt | 171.00–171.00 | 706 | 13 |
| Heifers | — | Medium and Large 1-2 | 420 | 164.00/cwt | 164.00–164.00 | 689 | 13 |
| Heifers | — | Medium and Large 1 | 465 | 180.81/cwt | 176.50–185.00 | 841 | 10 |
| Heifers | — | Medium and Large 1Fleshy | 500 | 171.00/cwt | 171.00–171.00 | 855 | 16 |
| Heifers | — | Medium and Large 1 | 537 | 176.91/cwt | 168.50–180.35 | 950 | 114 |
| Heifers | — | Medium and Large 1-2 | 563 | 162.71/cwt | 160.00–164.00 | 916 | 16 |
| Heifers | — | Medium and Large 1 | 585 | 170.17/cwt | 166.00–176.00 | 995 | 82 |
| Heifers | — | Medium and Large 1 | 615 | 168.00/cwt | 160.50–169.75 | 1,033 | 140 |
| Heifers | — | Medium and Large 1Fleshy | 618 | 155.50/cwt | 155.50–155.50 | 961 | 20 |
| Heifers | — | Medium and Large 1 | 677 | 155.43/cwt | 154.00–157.00 | 1,052 | 27 |
| Heifers | — | Medium and Large 1 | 714 | 144.90/cwt | 140.00–150.00 | 1,035 | 6 |
| Heifers | — | Medium and Large 1Replacement | 732 | 155.00/cwt | 155.00–155.00 | 1,135 | 12 |
| Heifers | — | Medium and Large 1-2 | 745 | 129.50/cwt | 129.50–129.50 | 965 | 3 |
| Heifers | — | Medium and Large 1-2 | 770 | 138.00/cwt | 138.00–138.00 | 1,063 | 3 |
| Heifers | — | Medium and Large 1 | 791 | 141.00/cwt | 141.00–141.00 | 1,115 | 28 |
| Heifers | — | Medium and Large 1Replacement | 821 | 156.00/cwt | 156.00–156.00 | 1,281 | 70 |
| Heifers | — | Medium and Large 1 | 829 | 141.84/cwt | 141.00–143.00 | 1,176 | 7 |
Compared to two weeks ago: Feeder steers 600-750 lbs 10.00 to 13.00 higher, other weights too narrowly compared. Feeder heifers steady to 5.00 higher in a narrow comparison. Good to very good demand for this nice offering of weaned fall calves and yearlings. The market was very active as cattle that can be ran on grass this summer are able to be turned out immediately. The grass is green and growing and yearling operators are active bidders as the fall months of the Feeder Cattle board are very attractive. The corn futures have stopped their meteoric rise, which is helping to settle the fears of cattle feeders somewhat. Cash fed cattle sales in Nebraska and Iowa continue to trade with a positive basis over the futures, which is helping to support the feeder cattle market. This report will not be released again until feeder cattle offerings increase in the late summer/early fall as is typical.
| Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 16 | — | 500 | 171.00 | 171.00 |
| 20 | — | 618 | 155.50 | 155.50 |
| Heifers — Medium and Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 6 | — | 714 | 140.00–150.00 | 144.90 |
| 7 | — | 829 | 141.00–143.00 | 141.84 |
| 114 | — | 537 | 168.50–180.35 | 176.91 |
| 28 | — | 791 | 141.00 | 141.00 |
| 82 | — | 585 | 166.00–176.00 | 170.17 |
| 10 | — | 323 | 185.00 | 185.00 |
| 10 | — | 465 | 176.50–185.00 | 180.81 |
| 140 | — | 615 | 160.50–169.75 | 168.00 |
| 13 | — | 413 | 171.00 | 171.00 |
| 27 | — | 677 | 154.00–157.00 | 155.43 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 13 | — | 420 | 164.00 | 164.00 |
| 16 | — | 563 | 160.00–164.00 | 162.71 |
| 3 | — | 745 | 129.50 | 129.50 |
| 3 | — | 770 | 138.00 | 138.00 |
| Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 12 | — | 732 | 155.00 | 155.00 |
| 70 | — | 821 | 156.00 | 156.00 |
| Steers — Medium and Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 7 | — | 756 | 169.50 | 169.50 |
| 103 | — | 734 | 171.00–177.00 | 173.34 |
| 109 | — | 641 | 192.25–198.50 | 194.60 |
| 27 | — | 522 | 197.00–204.50 | 202.87 |
| 46 | — | 572 | 188.50–201.50 | 196.20 |
| 14 | — | 424 | 215.00 | 215.00 |
| 50 | — | 813 | 153.00–156.50 | 155.60 |
| 114 | — | 683 | 172.00–187.00 | 175.85 |
| 11 | — | 487 | 205.00–212.50 | 209.71 |
| 23 | — | 940 | 141.00–143.00 | 142.39 |
| Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 10 | — | 576 | 174.00 | 174.00 |
| 5 | — | 449 | 185.00 | 185.00 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 4 | — | 486 | 195.50 | 195.50 |
| 9 | — | 650 | 171.50 | 171.50 |
| 10 | — | 431 | 185.00–191.00 | 188.07 |