Compared to last Thursday, not enough stocker or feeder this week for accurate trends. Most offerings today where small lots and singles. CME Feeder cattle closed up by $2.37 to $2.97 in the front months. April feeders expire a week from today to be settled against the index. The 4/20 CME Feeder Cattle Index was down by 76 cents to $153.90. Slaughter cows and bulls steady to 3.00 lower. USDA reported 15,021 MT of beef bookings from the week that ended 4/14. That was down from 17.2k MT the week sooner and was down from 24.6k MT from the same week the year prior. Beef exports were 20,965 MT from the week, up 7.5% from the same week last year. Accumulated beef exports are at a record pace of 271,093 MT through 4/14. Trade slow to moderate with light to moderate demand.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium and Large 1-2 | 591 | 149.18 | 881 | 26 |
| Small and Medium 2-3 | 437 | 133.33 | 583 | 18thin |
| Large 1 | 893 | 123.17 | 1,100 | 15thin |
| Large 2-3 | 852 | 95.00 | 809 | 7thin |
| Class | Grade | Dressing | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|---|---|
| Bulls | — | Average | 2,018 | 115.01 | 2,321 | 14 |
| Cows | Boner 80-85% | Average | 1,386 | 92.22 | 1,278 | 460 |
| Cows | Lean 85-90% | Average | 1,285 | 90.91 | 1,169 | 400 |
| Class | Weight | Grade / description | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Feeder Cattle · Steers4 lots · lightest first | |||||||
| Steers | — | Medium and Large 1-2 | 132 | 300.00/cwt | 300.00–300.00 | 396 | 5 |
| Steers | — | Medium and Large 1-2 | 191 | 350.00/cwt | 350.00–350.00 | 669 | 9 |
| Steers | — | Medium and Large 1-2 | 622 | 169.79/cwt | 166.00–176.00 | 1,056 | 27 |
| Steers | — | Medium and Large 1-2 | 679 | 165.50/cwt | 165.50–165.50 | 1,124 | 17 |
| Feeder Cattle · Heifers10 lots · lightest first | |||||||
| Heifers | — | Medium and Large 1-2 | 159 | 330.00/cwt | 330.00–330.00 | 525 | 5 |
| Heifers | — | Medium and Large 1-2 | 201 | 375.00/cwt | 375.00–375.00 | 754 | 5 |
| Heifers | — | Small and Medium 2-3 | 376 | 150.00/cwt | 150.00–150.00 | 564 | 6 |
| Heifers | — | Small and Medium 2-3 | 468 | 125.00/cwt | 125.00–125.00 | 585 | 12 |
| Heifers | — | Medium and Large 1-2 | 487 | 155.00/cwt | 155.00–155.00 | 755 | 6 |
| Heifers | — | Medium and Large 1-2 | 559 | 151.00/cwt | 151.00–151.00 | 844 | 8 |
| Heifers | — | Medium and Large 1-2 | 664 | 145.05/cwt | 143.00–148.00 | 963 | 12 |
| Heifers | — | Large 1 | 781 | 128.50/cwt | 128.50–128.50 | 1,004 | 5 |
| Heifers | — | Large 2-3 | 852 | 95.00/cwt | 95.00–95.00 | 809 | 7 |
| Heifers | — | Large 1 | 949 | 120.50/cwt | 120.50–120.50 | 1,144 | 10 |
| Slaughter Cattle · Bulls2 lots · lightest first | |||||||
| Bulls | — | — | 1,985 | 121.44/cwt | 118.50–125.50 | 2,411 | 3 |
| Bulls | — | — | 2,027 | 113.26/cwt | 108.00–116.50 | 2,296 | 11 |
| Slaughter Cattle · Cows5 lots · lightest first | |||||||
| Cows | — | Lean 85-90% | 1,208 | 87.82/cwt | 84.00–90.00 | 1,061 | 195 |
| Cows | — | Boner 80-85% | 1,259 | 88.91/cwt | 85.00–91.00 | 1,119 | 205 |
| Cows | — | Lean 85-90% | 1,359 | 93.85/cwt | 90.00–96.00 | 1,275 | 205 |
| Cows | — | Boner 80-85%Certified Prgms | 1,384 | 99.24/cwt | 98.75–100.50 | 1,373 | 40 |
| Cows | — | Boner 80-85% | 1,507 | 94.06/cwt | 91.00–96.00 | 1,417 | 215 |
| Replacement Cattle · Cow-Calf Pairs7 lots · lightest first | |||||||
| Cow-Calf Pairs | — | Medium and Large 2-3 | 1,073 | 1,050.00/cwt | 1,050.00–1,050.00 | 11,267 | 5 |
| Cow-Calf Pairs | — | Medium and Large 1-2 | 1,133 | 1,641.64/cwt | 1,550.00–1,675.00 | 18,600 | 28 |
| Cow-Calf Pairs | — | Medium and Large 1-2 | 1,134 | 1,831.23/cwt | 1,760.00–1,875.00 | 20,766 | 13 |
| Cow-Calf Pairs | — | Medium and Large 1-2 | 1,214 | 1,446.11/cwt | 1,400.00–1,600.00 | 17,556 | 25 |
| Cow-Calf Pairs | — | Medium and Large 1-2 | 1,230 | 1,361.89/cwt | 1,325.00–1,425.00 | 16,751 | 17 |
| Cow-Calf Pairs | — | Medium and Large 1-2 | 1,237 | 1,302.97/cwt | 1,225.00–1,375.00 | 16,118 | 10 |
| Cow-Calf Pairs | — | Medium and Large 1-2Broken Mouth | 1,290 | 1,344.81/cwt | 1,325.00–1,375.00 | 17,348 | 16 |
| Replacement Cattle · Bred Cows3 lots · lightest first | |||||||
| Bred Cows | — | Medium and Large 1-2 | 1,136 | 1,035.00/cwt | 1,035.00–1,035.00 | 11,758 | 5 |
| Bred Cows | — | Medium and Large 1-2 | 1,218 | 1,350.00/cwt | 1,350.00–1,350.00 | 16,443 | 5 |
| Bred Cows | — | Medium and Large 1-2 | 1,269 | 1,250.00/cwt | 1,250.00–1,250.00 | 15,863 | 7 |
| Replacement Cattle · Bred Heifers1 lot · lightest first | |||||||
| Bred Heifers | — | Medium and Large 1-2 | 1,004 | 1,100.00/cwt | 1,100.00–1,100.00 | 11,044 | 10 |
Compared to last Thursday, not enough stocker or feeder this week for accurate trends. Most offerings today where small lots and singles. CME Feeder cattle closed up by $2.37 to $2.97 in the front months. April feeders expire a week from today to be settled against the index. The 4/20 CME Feeder Cattle Index was down by 76 cents to $153.90. Slaughter cows and bulls steady to 3.00 lower. USDA reported 15,021 MT of beef bookings from the week that ended 4/14. That was down from 17.2k MT the week sooner and was down from 24.6k MT from the same week the year prior. Beef exports were 20,965 MT from the week, up 7.5% from the same week last year. Accumulated beef exports are at a record pace of 271,093 MT through 4/14. Trade slow to moderate with light to moderate demand.
| Heifers — Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 5 | — | 781 | 128.50 | 128.50 |
| 10 | — | 949 | 120.50 | 120.50 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 5 | — | 201 | 375.00 | 375.00 |
| 5 | — | 159 | 330.00 | 330.00 |
| 8 | — | 559 | 151.00 | 151.00 |
| 6 | — | 487 | 155.00 | 155.00 |
| 12 | — | 664 | 143.00–148.00 | 145.05 |
| Heifers — Small and Medium 2-3$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 6 | — | 376 | 150.00 | 150.00 |
| 12 | — | 468 | 125.00 | 125.00 |
| Heifers — Large 2-3$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 7 | — | 852 | 95.00 | 95.00 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 17 | — | 679 | 165.50 | 165.50 |
| 5 | — | 132 | 300.00 | 300.00 |
| 9 | — | 191 | 350.00 | 350.00 |
| 27 | — | 622 | 166.00–176.00 | 169.79 |
| Cow-Calf Pairs — Medium and Large 1-2$ per cwt · actual wt | ||||||
| Age | Stage | Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|---|---|
| Young (2-4 yrs) | Open | 28 | — | 1,133 | 1,550.00–1,675.00 | 1,641.64 |
| Young (2-4 yrs) | Open | 13 | — | 1,134 | 1,760.00–1,875.00 | 1,831.23 |
| Aged (>8 yrs) | Open | 10 | — | 1,237 | 1,225.00–1,375.00 | 1,302.97 |
| Middle Aged (5-8 yrs) | Open | 17 | — | 1,230 | 1,325.00–1,425.00 | 1,361.89 |
| Middle Aged (5-8 yrs) | Open | 25 | — | 1,214 | 1,400.00–1,600.00 | 1,446.11 |
| Cow-Calf Pairs — Medium and Large 1-2 · Broken Mouth$ per cwt · actual wt | ||||||
| Age | Stage | Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|---|---|
| Aged (>8 yrs) | Open | 16 | — | 1,290 | 1,325.00–1,375.00 | 1,344.81 |
| Cow-Calf Pairs — Medium and Large 2-3$ per cwt · actual wt | ||||||
| Age | Stage | Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|---|---|
| Young (2-4 yrs) | Open | 5 | — | 1,073 | 1,050.00 | 1,050.00 |
| Bred Cows — 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) | 7 | — | 1,269 | 1,250.00 | 1,250.00 |
| Middle Aged (5-8 yrs) | 1st/2nd Stage (1-6 mo) | 5 | — | 1,136 | 1,035.00 | 1,035.00 |
| Middle Aged (5-8 yrs) | 3rd Stage (7-9 mo) | 5 | — | 1,218 | 1,350.00 | 1,350.00 |
| Bred Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||||
| Age | Stage | Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|---|---|
| (<2 yrs) | 1st Stage (1-3 mo) | 10 | — | 1,004 | 1,100.00 | 1,100.00 |
| Bulls$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 11 | — | 2,027 | 108.00–116.50 | 113.26 |
| 3 | — | 1,985 | 118.50–125.50 | 121.44 |
| Cows — Boner 80-85% · Certified Prgms$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 40 | — | 1,384 | 98.75–100.50 | 99.24 |
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 215 | — | 1,507 | 91.00–96.00 | 94.06 |
| 205 | — | 1,259 | 85.00–91.00 | 88.91 |
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 205 | — | 1,359 | 90.00–96.00 | 93.85 |
| 195 | — | 1,208 | 84.00–90.00 | 87.82 |