Compared to last Thursday, Stocker cattle less than 700 lbs 2.00-8.00 lower. Not enough feeder cattle over 700 lbs for accurate trends. Feeder cattle futures gave back $2.07 to $2.40 on the day, despite the weakness in corn, with September rolling off the board at $153.92. The CME Feeder Cattle Index was $154.66 on 9/28, which was another 15 cents lower but still 74 cents above Sept. Slaughter cows 1.00-3.00 lower with an interest out of the market. Slaughter bulls steady in a light test. Trade slow to moderate with light to moderate demand. Beef export sales were a 9 week high according to USDA’s weekly Export Sales report, with 16.1k MT sold. Japan was the week’s top buyer with 5.5k MT. Beef exports were 18,544 MT during the week that ended 9/23, which left the accumulated shipment at 688,660 MT.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium and Large 1 | 503 | 145.00 | 729 | 6thin |
| Medium and Large 1-2 | 495 | 133.53 | 662 | 97 |
| Large 1 | 714 | 125.00 | 893 | 5thin |
| Small and Medium 1-2 | 437 | 124.81 | 546 | 27 |
| Small and Medium 2-3 | 496 | 114.58 | 568 | 30 |
| Large 2-3 | 752 | 103.49 | 779 | 24 |
| Class | Grade | Dressing | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|---|---|
| Bulls | — | Average | 1,830 | 78.00 | 1,428 | 20 |
| Cows | Boner 80-85% | Low | 1,552 | 60.06 | 932 | 400 |
| Cows | Lean 85-90% | Average | 1,408 | 56.46 | 795 | 380 |
| Class | Weight | Grade / description | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Feeder Cattle · Steers14 lots · lightest first | |||||||
| Steers | — | Medium and Large 1-2 | 341 | 160.00/cwt | 160.00–160.00 | 546 | 5 |
| Steers | — | Medium and Large 1-2 | 393 | 155.00/cwt | 155.00–155.00 | 609 | 8 |
| Steers | — | Small and Medium 1-2 | 435 | 138.71/cwt | 135.00–142.50 | 603 | 10 |
| Steers | — | Small and Medium 1-2 | 464 | 135.00/cwt | 135.00–135.00 | 626 | 5 |
| Steers | — | Medium and Large 1-2 | 479 | 151.04/cwt | 148.00–153.00 | 723 | 25 |
| Steers | — | Medium and Large 1-2 | 524 | 146.41/cwt | 145.50–148.00 | 767 | 17 |
| Steers | — | Small and Medium 2-3 | 540 | 130.00/cwt | 130.00–130.00 | 702 | 6 |
| Steers | — | Medium and Large 1-2 | 570 | 146.34/cwt | 145.00–148.00 | 834 | 11 |
| Steers | — | Medium and Large 1-2 | 628 | 145.88/cwt | 140.00–147.00 | 916 | 40 |
| Steers | — | Medium and Large 1-2 | 666 | 140.00/cwt | 140.00–140.00 | 932 | 8 |
| Steers | — | Large 2-3 | 692 | 103.75/cwt | 103.75–103.75 | 718 | 9 |
| Steers | — | Large 1 | 709 | 125.00/cwt | 125.00–125.00 | 886 | 6 |
| Steers | — | Large 2-3 | 848 | 108.50/cwt | 108.50–108.50 | 920 | 19 |
| Steers | — | Large 2-3 | 913 | 95.00/cwt | 95.00–95.00 | 867 | 5 |
| Feeder Cattle · Heifers16 lots · lightest first | |||||||
| Heifers | — | Small and Medium 1-2 | 328 | 130.00/cwt | 130.00–130.00 | 426 | 9 |
| Heifers | — | Medium and Large 1-2 | 377 | 144.07/cwt | 140.00–148.00 | 543 | 10 |
| Heifers | — | Small and Medium 2-3 | 391 | 122.50/cwt | 122.50–122.50 | 479 | 9 |
| Heifers | — | Medium and Large 1-2 | 410 | 132.37/cwt | 131.00–135.00 | 543 | 15 |
| Heifers | — | Small and Medium 1-2 | 443 | 125.00/cwt | 125.00–125.00 | 554 | 13 |
| Heifers | — | Medium and Large 1-2 | 482 | 135.00/cwt | 135.00–135.00 | 651 | 20 |
| Heifers | — | Medium and Large 1 | 503 | 145.00/cwt | 145.00–145.00 | 729 | 6 |
| Heifers | — | Small and Medium 2-3 | 514 | 112.06/cwt | 107.50–121.00 | 576 | 15 |
| Heifers | — | Medium and Large 1-2 | 525 | 132.14/cwt | 130.00–135.50 | 694 | 31 |
| Heifers | — | Medium and Large 1-2 | 582 | 130.00/cwt | 130.00–130.00 | 757 | 21 |
| Heifers | — | Small and Medium 2-3 | 609 | 109.00/cwt | 109.00–109.00 | 664 | 6 |
| Heifers | — | Small and Medium 1-2 | 619 | 115.00/cwt | 115.00–115.00 | 712 | 5 |
| Heifers | — | Large 2-3 | 701 | 100.00/cwt | 100.00–100.00 | 701 | 9 |
| Heifers | — | Large 1 | 714 | 125.00/cwt | 125.00–125.00 | 893 | 5 |
| Heifers | — | Large 2-3 | 760 | 106.00/cwt | 106.00–106.00 | 806 | 10 |
| Heifers | — | Large 2-3 | 829 | 104.75/cwt | 104.75–104.75 | 868 | 5 |
| Feeder Cattle · Dairy Heifers1 lot · lightest first | |||||||
| Dairy Heifers | — | Large 3 | 1,239 | 75.00/cwt | 75.00–75.00 | 929 | 5 |
| Slaughter Cattle · Bulls2 lots · lightest first | |||||||
| Bulls | — | — | 1,778 | 73.13/cwt | 65.00–78.00 | 1,300 | 9 |
| Bulls | — | — | 1,873 | 81.98/cwt | 78.00–84.50 | 1,535 | 11 |
| Slaughter Cattle · Cows4 lots · lightest first | |||||||
| Cows | — | Lean 85-90% | 1,357 | 54.42/cwt | 52.00–56.00 | 738 | 185 |
| Cows | — | Lean 85-90% | 1,456 | 58.39/cwt | 56.00–60.00 | 850 | 195 |
| Cows | — | Boner 80-85% | 1,508 | 57.67/cwt | 54.00–60.00 | 870 | 195 |
| Cows | — | Boner 80-85% | 1,593 | 62.33/cwt | 60.00–64.00 | 993 | 205 |
Compared to last Thursday, Stocker cattle less than 700 lbs 2.00-8.00 lower. Not enough feeder cattle over 700 lbs for accurate trends. Feeder cattle futures gave back $2.07 to $2.40 on the day, despite the weakness in corn, with September rolling off the board at $153.92. The CME Feeder Cattle Index was $154.66 on 9/28, which was another 15 cents lower but still 74 cents above Sept. Slaughter cows 1.00-3.00 lower with an interest out of the market. Slaughter bulls steady in a light test. Trade slow to moderate with light to moderate demand. Beef export sales were a 9 week high according to USDA’s weekly Export Sales report, with 16.1k MT sold. Japan was the week’s top buyer with 5.5k MT. Beef exports were 18,544 MT during the week that ended 9/23, which left the accumulated shipment at 688,660 MT.
| Heifers — Large 2-3$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 9 | — | 701 | 100.00 | 100.00 |
| 10 | — | 760 | 106.00 | 106.00 |
| 5 | — | 829 | 104.75 | 104.75 |
| Heifers — Small and Medium 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 13 | — | 443 | 125.00 | 125.00 |
| 5 | — | 619 | 115.00 | 115.00 |
| 9 | — | 328 | 130.00 | 130.00 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 31 | — | 525 | 130.00–135.50 | 132.14 |
| 10 | — | 377 | 140.00–148.00 | 144.07 |
| 20 | — | 482 | 135.00 | 135.00 |
| 15 | — | 410 | 131.00–135.00 | 132.37 |
| 21 | — | 582 | 130.00 | 130.00 |
| Heifers — Medium and Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 6 | — | 503 | 145.00 | 145.00 |
| Heifers — Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 5 | — | 714 | 125.00 | 125.00 |
| Heifers — Small and Medium 2-3$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 9 | — | 391 | 122.50 | 122.50 |
| 15 | — | 514 | 107.50–121.00 | 112.06 |
| 6 | — | 609 | 109.00 | 109.00 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 40 | — | 628 | 140.00–147.00 | 145.88 |
| 8 | — | 666 | 140.00 | 140.00 |
| 25 | — | 479 | 148.00–153.00 | 151.04 |
| 11 | — | 570 | 145.00–148.00 | 146.34 |
| 8 | — | 393 | 155.00 | 155.00 |
| 17 | — | 524 | 145.50–148.00 | 146.41 |
| 5 | — | 341 | 160.00 | 160.00 |
| Steers — Small and Medium 2-3$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 6 | — | 540 | 130.00 | 130.00 |
| Steers — Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 6 | — | 709 | 125.00 | 125.00 |
| Steers — Small and Medium 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 10 | — | 435 | 135.00–142.50 | 138.71 |
| 5 | — | 464 | 135.00 | 135.00 |
| Steers — Large 2-3$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 9 | — | 692 | 103.75 | 103.75 |
| 19 | — | 848 | 108.50 | 108.50 |
| 5 | — | 913 | 95.00 | 95.00 |
| Dairy Heifers — Large 3$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 5 | — | 1,239 | 75.00 | 75.00 |
| Bulls$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 11 | — | 1,873 | 78.00–84.50 | 81.98 |
| 9 | — | 1,778 | 65.00–78.00 | 73.13 |
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 195 | — | 1,456 | 56.00–60.00 | 58.39 |
| 185 | — | 1,357 | 52.00–56.00 | 54.42 |
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 195 | — | 1,508 | 54.00–60.00 | 57.67 |
| 205 | — | 1,593 | 60.00–64.00 | 62.33 |