Compared to last Thursday at the same market, stocker and feeder cattle 4.00-5.00 lower in a light test. Quality not as attractive as last week as most supplies are cutbacks from Tuesday night Special Carlot feeder cattle sale. Buyer attendance was light. Feeder cattle also gained on Thursday, with $2.35 to $2.45 gains. November rolled off the board at $155.92. The 11/17 CME Feeder Cattle Index was 2 cents weaker to $155.46. Slaughter cows and bulls firm to 8.00 higher. Flood and road closures in Canada are making supplies hard to get delivered. Trade active with good demand.Weekly Export Sales data showed beef booking for the week that ended 11/11 totaled 25,463 MT. That was the most since the week of May 20, led by a new all time record 13,751 MT sold to China. Their prior record booking was 9,205 MT in May. China’s beef commitments for 2021 were at 176,522 MT, or 17.6% of the total. Of the 1.022 MMT total commitments, 805,604 MT have been shipped, which is the most ever through 1/11 and less than 50k MT behind 2020’s full year total.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium and Large 1-2 | 613 | 141.05 | 865 | 44 |
| Large 1 | 978 | 128.69 | 1,258 | 49 |
| Class | Grade | Dressing | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|---|---|
| Bulls | — | Average | 1,930 | 79.32 | 1,531 | 20 |
| Cows | Boner 80-85% | Average | 1,502 | 60.73 | 912 | 460 |
| Cows | Lean 85-90% | Very Low | 1,262 | 56.32 | 711 | 300 |
| Class | Weight | Grade / description | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Feeder Cattle · Steers9 lots · lightest first | |||||||
| Steers | — | Medium and Large 1-2 | 464 | 175.50/cwt | 175.50–175.50 | 814 | 7 |
| Steers | — | Medium and Large 1-2 | 593 | 140.00/cwt | 140.00–140.00 | 830 | 6 |
| Steers | — | Medium and Large 1-2 | 631 | 132.87/cwt | 130.00–135.00 | 838 | 12 |
| Steers | — | Medium and Large 1-2 | 663 | 133.85/cwt | 130.00–137.50 | 887 | 19 |
| Steers | — | Large 1 | 763 | 133.50/cwt | 133.50–133.50 | 1,019 | 10 |
| Steers | — | Large 1 | 853 | 129.00/cwt | 129.00–129.00 | 1,100 | 8 |
| Steers | — | Large 1 | 931 | 128.50/cwt | 128.50–128.50 | 1,196 | 8 |
| Steers | — | Large 1 | 1,112 | 128.00/cwt | 128.00–128.00 | 1,423 | 17 |
| Steers | — | Large 1 | 1,185 | 122.50/cwt | 122.50–122.50 | 1,452 | 6 |
| Feeder Cattle · Heifers8 lots · lightest first | |||||||
| Heifers | — | Small and Medium 1-2 | 448 | 117.50/cwt | 117.50–117.50 | 526 | 5 |
| Heifers | — | Medium and Large 1-2 | 463 | 145.00/cwt | 145.00–145.00 | 671 | 8 |
| Heifers | — | Small and Medium 1-2 | 533 | 112.50/cwt | 112.50–112.50 | 600 | 8 |
| Heifers | — | Medium and Large 1-2 | 571 | 132.00/cwt | 132.00–132.00 | 754 | 5 |
| Heifers | — | Medium and Large 1-2 | 612 | 129.01/cwt | 125.00–135.50 | 790 | 20 |
| Heifers | — | Small and Medium 1-2 | 658 | 116.00/cwt | 116.00–116.00 | 763 | 6 |
| Heifers | — | Medium and Large 1-2 | 692 | 117.44/cwt | 115.00–125.50 | 813 | 21 |
| Heifers | — | Large 1 | 727 | 129.40/cwt | 125.00–134.50 | 941 | 17 |
| Feeder Cattle · Bulls1 lot · lightest first | |||||||
| Bulls | — | Large 1 | 730 | 110.00/cwt | 110.00–110.00 | 803 | 10 |
| Slaughter Cattle · Bulls2 lots · lightest first | |||||||
| Bulls | — | — | 1,833 | 75.91/cwt | 70.50–79.00 | 1,391 | 9 |
| Bulls | — | — | 2,009 | 82.11/cwt | 79.00–84.50 | 1,650 | 11 |
| Slaughter Cattle · Cows6 lots · lightest first | |||||||
| Cows | — | Lean 85-90%Light Weight | 1,050 | 40.14/cwt | 35.00–44.00 | 421 | 20 |
| Cows | — | Lean 85-90% | 1,260 | 55.10/cwt | 52.00–57.00 | 694 | 125 |
| Cows | — | Lean 85-90% | 1,290 | 59.40/cwt | 57.00–61.00 | 766 | 155 |
| Cows | — | Boner 80-85%Certified Prgms | 1,400 | 69.86/cwt | 67.00–72.00 | 978 | 100 |
| Cows | — | Boner 80-85% | 1,508 | 60.45/cwt | 58.00–62.00 | 912 | 185 |
| Cows | — | Boner 80-85% | 1,554 | 55.81/cwt | 53.00–58.00 | 867 | 175 |
Compared to last Thursday at the same market, stocker and feeder cattle 4.00-5.00 lower in a light test. Quality not as attractive as last week as most supplies are cutbacks from Tuesday night Special Carlot feeder cattle sale. Buyer attendance was light. Feeder cattle also gained on Thursday, with $2.35 to $2.45 gains. November rolled off the board at $155.92. The 11/17 CME Feeder Cattle Index was 2 cents weaker to $155.46. Slaughter cows and bulls firm to 8.00 higher. Flood and road closures in Canada are making supplies hard to get delivered. Trade active with good demand.Weekly Export Sales data showed beef booking for the week that ended 11/11 totaled 25,463 MT. That was the most since the week of May 20, led by a new all time record 13,751 MT sold to China. Their prior record booking was 9,205 MT in May. China’s beef commitments for 2021 were at 176,522 MT, or 17.6% of the total. Of the 1.022 MMT total commitments, 805,604 MT have been shipped, which is the most ever through 1/11 and less than 50k MT behind 2020’s full year total.
| Bulls — Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 10 | — | 730 | 110.00 | 110.00 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 5 | — | 571 | 132.00 | 132.00 |
| 21 | — | 692 | 115.00–125.50 | 117.44 |
| 8 | — | 463 | 145.00 | 145.00 |
| 20 | — | 612 | 125.00–135.50 | 129.01 |
| Heifers — Small and Medium 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 6 | — | 658 | 116.00 | 116.00 |
| 8 | — | 533 | 112.50 | 112.50 |
| 5 | — | 448 | 117.50 | 117.50 |
| Heifers — Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 17 | — | 727 | 125.00–134.50 | 129.40 |
| Steers — Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 8 | — | 931 | 128.50 | 128.50 |
| 10 | — | 763 | 133.50 | 133.50 |
| 6 | — | 1,185 | 122.50 | 122.50 |
| 17 | — | 1,112 | 128.00 | 128.00 |
| 8 | — | 853 | 129.00 | 129.00 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 12 | — | 631 | 130.00–135.00 | 132.87 |
| 6 | — | 593 | 140.00 | 140.00 |
| 7 | — | 464 | 175.50 | 175.50 |
| 19 | — | 663 | 130.00–137.50 | 133.85 |
| Bulls$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 11 | — | 2,009 | 79.00–84.50 | 82.11 |
| 9 | — | 1,833 | 70.50–79.00 | 75.91 |
| Cows — Boner 80-85% · Certified Prgms$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 100 | — | 1,400 | 67.00–72.00 | 69.86 |
| Cows — Lean 85-90% · Light Weight$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 20 | — | 1,050 | 35.00–44.00 | 40.14 |
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 185 | — | 1,508 | 58.00–62.00 | 60.45 |
| 175 | — | 1,554 | 53.00–58.00 | 55.81 |
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 155 | — | 1,290 | 57.00–61.00 | 59.40 |
| 125 | — | 1,260 | 52.00–57.00 | 55.10 |