Compared to last Thursday, not enough stocker or feeder this week for accurate trends. Most offerings today where small bunches and singles. Feeder cattle futures fell $0.80 to $1.30 on Thursday with Jan rolling off the board at $158.92 to be settled against the index tomorrow. The CME Feeder Cattle Index for 1/26 was $159.05, down by another 45 cents. Slaughter cows 4.00-9.00 higher as packers pursued numbers for harvest. Not enough slaughter bulls this week for accurate trends, Trade active with good demand. Export Sales data from the week that ended 1/20 showed 14,273 MT of beef was booked. That was up 11% wk/wk, but was just half of the same week last year. South Korea and Japan were the week’s top buyers. Japan was also the top destination for the 14,302 MT shipped during the week with 4.1k MT.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium and Large 1-2 | 581 | 145.24 | 844 | 63 |
| Small and Medium 2-3 | 479 | 125.00 | 599 | 7thin |
| Class | Grade | Dressing | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|---|---|
| Cows | Boner 80-85% | Average | 1,614 | 53.45 | 863 | 424 |
| Cows | Lean 85-90% | Very Low | 1,309 | 50.34 | 659 | 411 |
| Class | Weight | Grade / description | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Feeder Cattle · Steers3 lots · lightest first | |||||||
| Steers | — | Small and Medium 2-3 | 416 | 149.43/cwt | 149.00–150.00 | 622 | 14 |
| Steers | — | Medium and Large 1-2 | 525 | 172.87/cwt | 170.00–176.00 | 908 | 14 |
| Steers | — | Medium and Large 1-2 | 618 | 150.50/cwt | 150.50–150.50 | 930 | 6 |
| Feeder Cattle · Heifers5 lots · lightest first | |||||||
| Heifers | — | Small and Medium 2-3 | 479 | 125.00/cwt | 125.00–125.00 | 599 | 7 |
| Heifers | — | Medium and Large 1-2 | 492 | 152.00/cwt | 152.00–152.00 | 748 | 8 |
| Heifers | — | Medium and Large 1-2 | 536 | 147.21/cwt | 142.00–150.00 | 789 | 26 |
| Heifers | — | Medium and Large 1-2 | 633 | 141.28/cwt | 138.50–143.50 | 894 | 21 |
| Heifers | — | Medium and Large 1-2 | 681 | 142.50/cwt | 142.50–142.50 | 970 | 8 |
| Feeder Cattle · Dairy Heifers3 lots · lightest first | |||||||
| Dairy Heifers | — | Medium and Large 3-4 | 1,044 | 86.00/cwt | 86.00–86.00 | 898 | 7 |
| Dairy Heifers | — | Large 3 | 1,074 | 93.75/cwt | 93.75–93.75 | 1,007 | 7 |
| Dairy Heifers | — | Large 3 | 1,215 | 93.75/cwt | 93.75–93.75 | 1,139 | 20 |
| Slaughter Cattle · Cows7 lots · lightest first | |||||||
| Cows | — | Lean 85-90%Light Weight | 1,031 | 36.81/cwt | 32.00–40.00 | 380 | 31 |
| Cows | — | Lean 85-90% | 1,305 | 48.31/cwt | 43.00–52.00 | 630 | 185 |
| Cows | — | Boner 80-85%Return to Feed | 1,328 | 67.00/cwt | 67.00–67.00 | 890 | 5 |
| Cows | — | Boner 80-85%Certified Prgms | 1,334 | 64.50/cwt | 64.00–65.00 | 860 | 19 |
| Cows | — | Lean 85-90% | 1,356 | 54.42/cwt | 52.00–56.00 | 738 | 195 |
| Cows | — | Boner 80-85% | 1,605 | 50.03/cwt | 46.00–53.00 | 803 | 195 |
| Cows | — | Boner 80-85% | 1,656 | 55.35/cwt | 53.00–57.00 | 917 | 205 |
| Replacement Cattle · Bred Heifers1 lot · lightest first | |||||||
| Bred Heifers | — | Medium and Large 1-2 | 1,200 | 1,060.00/cwt | 1,060.00–1,060.00 | 12,720 | 5 |
| Replacement Cattle · Bred Cows1 lot · lightest first | |||||||
| Bred Cows | — | Medium and Large 1-2 | 1,291 | 865.00/cwt | 865.00–865.00 | 11,167 | 17 |
Compared to last Thursday, not enough stocker or feeder this week for accurate trends. Most offerings today where small bunches and singles. Feeder cattle futures fell $0.80 to $1.30 on Thursday with Jan rolling off the board at $158.92 to be settled against the index tomorrow. The CME Feeder Cattle Index for 1/26 was $159.05, down by another 45 cents. Slaughter cows 4.00-9.00 higher as packers pursued numbers for harvest. Not enough slaughter bulls this week for accurate trends, Trade active with good demand. Export Sales data from the week that ended 1/20 showed 14,273 MT of beef was booked. That was up 11% wk/wk, but was just half of the same week last year. South Korea and Japan were the week’s top buyers. Japan was also the top destination for the 14,302 MT shipped during the week with 4.1k MT.
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 205 | — | 1,656 | 53.00–57.00 | 55.35 |
| 195 | — | 1,605 | 46.00–53.00 | 50.03 |
| Cows — Lean 85-90% · Light Weight$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 31 | — | 1,031 | 32.00–40.00 | 36.81 |
| Cows — Boner 80-85% · Return to Feed$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 5 | — | 1,328 | 67.00 | 67.00 |
| Cows — Boner 80-85% · Certified Prgms$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 19 | — | 1,334 | 64.00–65.00 | 64.50 |
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 185 | — | 1,305 | 43.00–52.00 | 48.31 |
| 195 | — | 1,356 | 52.00–56.00 | 54.42 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 21 | — | 633 | 138.50–143.50 | 141.28 |
| 8 | — | 492 | 152.00 | 152.00 |
| 26 | — | 536 | 142.00–150.00 | 147.21 |
| 8 | — | 681 | 142.50 | 142.50 |
| Heifers — Small and Medium 2-3$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 7 | — | 479 | 125.00 | 125.00 |
| Dairy Heifers — Large 3$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 7 | — | 1,074 | 93.75 | 93.75 |
| 20 | — | 1,215 | 93.75 | 93.75 |
| Dairy Heifers — Medium and Large 3-4$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 7 | — | 1,044 | 86.00 | 86.00 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 6 | — | 618 | 150.50 | 150.50 |
| 14 | — | 525 | 170.00–176.00 | 172.87 |
| Steers — Small and Medium 2-3$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 14 | — | 416 | 149.00–150.00 | 149.43 |
| Bred Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||||
| Age | Stage | Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|---|---|
| Young (2-4 yrs) | 1st Stage (1-3 mo) | 5 | — | 1,200 | 1,060.00 | 1,060.00 |
| 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) | 2nd Stage (4-6 mo) | 17 | — | 1,291 | 865.00 | 865.00 |