Compared to last Thursday, stocker and feeder cattle weak in a light test. Quality was more attractive this week with bigger bunches. The feeder cattle futures rallied triple digits on Thursday's board break in the feed grains. Prices went home 1.3% to 1.7% higher. For the August contract that extended the month's gain to $8.48. Slaughter cows and bulls firm as demand outpaces supply being offered. Trade active with good demand. The weekly Export Sales report showed 17k MT of beef was sold during the week that ended 6/23. That was up 52% wk/wk and 40.6% yr/yr, but was still the second lowest since April. FAS had 19,801 MT shipped during the same week. That was a 4% increase on the week and 4.5% increase yr/yr. South Korea was the week's top buyer and top destination.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium and Large 1-2 | 615 | 164.85 | 1,014 | 77 |
| Large 1 | 793 | 156.10 | 1,239 | 206 |
| Medium and Large 2-3 | 621 | 155.00 | 963 | 7thin |
| Small and Medium 1-2 | 623 | 142.00 | 885 | 7thin |
| Large 1-2 | 865 | 140.83 | 1,218 | 29 |
| Class | Grade | Dressing | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|---|---|
| Bulls | — | High | 2,020 | 115.95 | 2,342 | 26 |
| Cows | Breaker 75-80% | Average | 1,588 | 96.00 | 1,524 | 17 |
| Cows | Boner 80-85% | Average | 1,372 | 93.42 | 1,282 | 384 |
| Cows | Lean 85-90% | Low | 1,318 | 92.88 | 1,224 | 296 |
| Class | Stage | Age | Avg wt | $/head | Head |
|---|---|---|---|---|---|
| Cow-Calf Pairs | Open | Middle Aged (5-8 yrs) | 1,600 | $1,825 | 5 |
| Class | Weight | Grade / description | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Feeder Cattle · Steers14 lots · lightest first | |||||||
| Steers | — | Small and Medium 2-3 | 543 | 160.00/cwt | 160.00–160.00 | 869 | 10 |
| Steers | — | Medium and Large 1-2 | 584 | 187.37/cwt | 183.00–189.75 | 1,094 | 14 |
| Steers | — | Medium and Large 1-2 | 638 | 184.00/cwt | 184.00–184.00 | 1,174 | 8 |
| Steers | — | Small and Medium 2-3 | 641 | 150.00/cwt | 150.00–150.00 | 962 | 10 |
| Steers | — | Medium and Large 1-2 | 671 | 177.50/cwt | 177.50–177.50 | 1,191 | 13 |
| Steers | — | Small and Medium 1-2 | 690 | 161.50/cwt | 161.50–161.50 | 1,114 | 7 |
| Steers | — | Large 1 | 713 | 170.80/cwt | 164.50–173.00 | 1,218 | 78 |
| Steers | — | Large 1-2 | 728 | 159.00/cwt | 159.00–159.00 | 1,158 | 6 |
| Steers | — | Medium and Large 2-3 | 753 | 138.00/cwt | 138.00–138.00 | 1,039 | 11 |
| Steers | — | Large 1 | 776 | 155.00/cwt | 155.00–155.00 | 1,203 | 11 |
| Steers | — | Large 1 | 814 | 158.83/cwt | 155.00–160.00 | 1,293 | 48 |
| Steers | — | Large 1-2 | 819 | 145.00/cwt | 145.00–145.00 | 1,188 | 7 |
| Steers | — | Large 1 | 883 | 145.00/cwt | 145.00–145.00 | 1,280 | 8 |
| Steers | — | Large 1 | 932 | 145.00/cwt | 145.00–145.00 | 1,351 | 9 |
| Feeder Cattle · Heifers12 lots · lightest first | |||||||
| Heifers | — | Medium and Large 1-2 | 440 | 180.00/cwt | 180.00–180.00 | 792 | 10 |
| Heifers | — | Medium and Large 1-2 | 511 | 182.00/cwt | 182.00–182.00 | 930 | 6 |
| Heifers | — | Medium and Large 2-3 | 621 | 155.00/cwt | 155.00–155.00 | 963 | 7 |
| Heifers | — | Small and Medium 1-2 | 623 | 142.00/cwt | 142.00–142.00 | 885 | 7 |
| Heifers | — | Medium and Large 1-2 | 626 | 165.72/cwt | 162.00–171.50 | 1,037 | 26 |
| Heifers | — | Medium and Large 1-2 | 675 | 156.93/cwt | 155.00–160.00 | 1,059 | 35 |
| Heifers | — | Large 1 | 722 | 155.00/cwt | 155.00–155.00 | 1,119 | 6 |
| Heifers | — | Large 1-2 | 736 | 140.00/cwt | 140.00–140.00 | 1,030 | 5 |
| Heifers | — | Large 1 | 780 | 157.72/cwt | 150.75–158.75 | 1,230 | 146 |
| Heifers | — | Large 1 | 824 | 150.38/cwt | 150.00–151.00 | 1,239 | 32 |
| Heifers | — | Large 1 | 858 | 154.00/cwt | 154.00–154.00 | 1,321 | 22 |
| Heifers | — | Large 1-2 | 892 | 141.00/cwt | 141.00–141.00 | 1,258 | 24 |
| Slaughter Cattle · Bulls3 lots · lightest first | |||||||
| Bulls | — | — | 1,877 | 117.79/cwt | 114.00–120.00 | 2,211 | 13 |
| Bulls | — | — | 1,958 | 127.37/cwt | 125.00–130.00 | 2,494 | 2 |
| Bulls | — | — | 2,200 | 111.69/cwt | 107.00–114.00 | 2,457 | 11 |
| Slaughter Cattle · Cows9 lots · lightest first | |||||||
| Cows | — | Boner 80-85% | 1,203 | 88.91/cwt | 85.00–92.00 | 1,070 | 145 |
| Cows | — | Lean 85-90% | 1,204 | 89.93/cwt | 86.00–93.00 | 1,083 | 125 |
| Cows | — | Lean 85-90% | 1,252 | 102.75/cwt | 102.75–102.75 | 1,286 | 6 |
| Cows | — | Boner 80-85% | 1,323 | 101.97/cwt | 100.50–102.75 | 1,349 | 13 |
| Cows | — | Boner 80-85%Certified Prgms | 1,357 | 100.98/cwt | 97.00–103.75 | 1,370 | 35 |
| Cows | — | Lean 85-90% | 1,406 | 94.76/cwt | 93.00–96.00 | 1,332 | 165 |
| Cows | — | Boner 80-85%Certified Prgms | 1,460 | 107.75/cwt | 107.75–107.75 | 1,573 | 6 |
| Cows | — | Boner 80-85% | 1,508 | 94.45/cwt | 92.00–96.00 | 1,424 | 185 |
| Cows | — | Breaker 75-80% | 1,588 | 96.00/cwt | 92.00–98.00 | 1,524 | 17 |
| Replacement Cattle · Cow-Calf Pairs1 lot · lightest first | |||||||
| Cow-Calf Pairs | — | Medium and Large 1-2 | 1,600 | 1,825.00/head | 1,825.00–1,825.00 | 1,825 | 5 |
Compared to last Thursday, stocker and feeder cattle weak in a light test. Quality was more attractive this week with bigger bunches. The feeder cattle futures rallied triple digits on Thursday's board break in the feed grains. Prices went home 1.3% to 1.7% higher. For the August contract that extended the month's gain to $8.48. Slaughter cows and bulls firm as demand outpaces supply being offered. Trade active with good demand. The weekly Export Sales report showed 17k MT of beef was sold during the week that ended 6/23. That was up 52% wk/wk and 40.6% yr/yr, but was still the second lowest since April. FAS had 19,801 MT shipped during the same week. That was a 4% increase on the week and 4.5% increase yr/yr. South Korea was the week's top buyer and top destination.
| Heifers — Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 24 | — | 892 | 141.00 | 141.00 |
| 5 | — | 736 | 140.00 | 140.00 |
| Heifers — Medium and Large 2-3$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 7 | — | 621 | 155.00 | 155.00 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 26 | — | 626 | 162.00–171.50 | 165.72 |
| 6 | — | 511 | 182.00 | 182.00 |
| 10 | — | 440 | 180.00 | 180.00 |
| 35 | — | 675 | 155.00–160.00 | 156.93 |
| Heifers — Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 32 | — | 824 | 150.00–151.00 | 150.38 |
| 146 | — | 780 | 150.75–158.75 | 157.72 |
| 6 | — | 722 | 155.00 | 155.00 |
| 22 | — | 858 | 154.00 | 154.00 |
| Heifers — Small and Medium 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 7 | — | 623 | 142.00 | 142.00 |
| Steers — Small and Medium 2-3$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 10 | — | 641 | 150.00 | 150.00 |
| 10 | — | 543 | 160.00 | 160.00 |
| Steers — Medium and Large 2-3$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 11 | — | 753 | 138.00 | 138.00 |
| Steers — Large 1$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 11 | — | 776 | 155.00 | 155.00 |
| 48 | — | 814 | 155.00–160.00 | 158.83 |
| 78 | — | 713 | 164.50–173.00 | 170.80 |
| 8 | — | 883 | 145.00 | 145.00 |
| 9 | — | 932 | 145.00 | 145.00 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 13 | — | 671 | 177.50 | 177.50 |
| 8 | — | 638 | 184.00 | 184.00 |
| 14 | — | 584 | 183.00–189.75 | 187.37 |
| Steers — Large 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 7 | — | 819 | 145.00 | 145.00 |
| 6 | — | 728 | 159.00 | 159.00 |
| Steers — Small and Medium 1-2$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 7 | — | 690 | 161.50 | 161.50 |
| Cow-Calf Pairs — Medium and Large 1-2$ per head · actual wt | ||||||
| Age | Stage | Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|---|---|
| Middle Aged (5-8 yrs) | Open | 5 | — | 1,600 | 1,825.00 | 1,825.00 |
| Bulls$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 2 | — | 1,958 | 125.00–130.00 | 127.37 |
| 11 | — | 2,200 | 107.00–114.00 | 111.69 |
| 13 | — | 1,877 | 114.00–120.00 | 117.79 |
| Cows — Boner 80-85% · Certified Prgms$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 35 | — | 1,357 | 97.00–103.75 | 100.98 |
| 6 | — | 1,460 | 107.75 | 107.75 |
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 125 | — | 1,204 | 86.00–93.00 | 89.93 |
| 6 | — | 1,252 | 102.75 | 102.75 |
| 165 | — | 1,406 | 93.00–96.00 | 94.76 |
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 145 | — | 1,203 | 85.00–92.00 | 88.91 |
| 185 | — | 1,508 | 92.00–96.00 | 94.45 |
| 13 | — | 1,323 | 100.50–102.75 | 101.97 |
| Cows — Breaker 75-80%$ per cwt · actual wt | ||||
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| 17 | — | 1,588 | 92.00–98.00 | 96.00 |