The Morning Wire / Mon Sep 14, 2026

The Morning Wire

The trading day in one page — Mon, Sep 14
● Written from USDA reportsEvery figure as filed
← Sep 12Sep 14Sep 15 →

Summary

Mon, Sep 14
Choice cutout held near $375.31. 54 barns across 18 states reported 3,761 priced lots.

Feeder steers

National, week of Sep 14 USDA
Weighted across every reported lot, by weight class. Weekly rather than daily — one day's barns are too thin a base for a national figure.
WeightPricevs prior weekHeadBarns
300-399 lb498.30/cwt$13.88 higher2,902148
400-499 lb450.87/cwt$10.19 higher7,763167
500-599 lb403.36/cwt$12.77 higher12,243167
600-699 lb363.27/cwt$10.59 higher10,010163
700-799 lb344.17/cwt$4.48 higher7,980146
800-899 lb334.77/cwt$10.37 lower11,797109

Barn by barn, 500–599 lb steers

Same day, same class USDA
Every barn that sold at least 20 head of this class on Mon, Sep 14, weighted by head. Spread of $66.33 between the top and bottom of 20 barns. An average moves with the cattle that showed up as much as with the buyers in the seats — a yard with better grade will average higher on the same demand. This is where the money landed, not a verdict on the barn.
BarnStateAverageHead
Russell Livestock Auction - IowaIA427.69/cwt684
West Point Livestock AuctionNE424.71/cwt59
Callaway Livestock CenterMO421.18/cwt286
Tulsa Stockyards Inc.OK420.47/cwt128
Tama Livestock AuctionIA418.48/cwt367
Tina LivestockMO404.96/cwt119
Lexington Livestock Auction - KentuckyKY398.24/cwt54
Joplin Regional StockyardsMO396.16/cwt503
Oklahoma National Stockyards MarketOK392.96/cwt617
Farmers Livestock Exchange, Inc.VA391.16/cwt66
Tadlock Livestock AuctionMS388.18/cwt92
Owensboro Livestock AuctionKY383.48/cwt23
Harned Livestock AuctionKY379.29/cwt72
Dickson Livestock AuctionTN378.90/cwt62
Unionville Livestock Auction - Unionville, TNTN373.74/cwt43
Lynchburg Livestock Market, Inc.VA372.50/cwt95
Cleburne County Livestock AuctionAR369.57/cwt47
Southeast Mississippi Livestock AuctionMS365.44/cwt52
Arcadia Stockyard (Mon)FL364.49/cwt54
Roswell Livestock AuctionNM361.36/cwt77

Boxed beef

PM close · Sep 14 USDA
Choice $375.31, $0.63 lower. Select $354.55, $1.42 higher. The Choice–Select spread stands at $20.76. 97 loads traded.

Fed cattle

Negotiated cash, week to date USDA
22,965 head traded Sep 5–Sep 11.
RegionBasisPriceHead
Iowa-MinnesotaDressed Delivered351.395,684
Iowa-MinnesotaDressed FOB349.78372
Iowa-MinnesotaLive Delivered219.02208
Iowa-MinnesotaLive FOB222.075,822
NebraskaDressed Delivered350.335,749
NebraskaDressed FOB350.00830

At the barns

USDA market reporters, as filed USDA
One barn per state, largest first — more states file than fit here. Your own state is linked below.

CLOSE Compared to the sale 2 weeks ago feeder steers under 700 lbs. sold 20.00-40.00 higher. Heavier weights sold steady to 15.00 higher. Feeder heifers sold 5.00-20.00 higher. Supply was heavy with very good demand. The largest lot of the day was 503 heifers weighing 777 lbs.

Joplin Regional Stockyards · Missouri

Compared to last sale two weeks ago: Feeder steers and steer calves 15.00-25.00 higher. Some un-weaned steers under 500 lbs up to 20.00 lower. Feeder heifers 10.00-15.00 higher. Heifer calves 15.00-20.00 higher. Demand good for feeder cattle; moderate to good for calves.

Oklahoma National Stockyards Market · Oklahoma

Today was the Annual Customer Appreciation BBQ at Russell. Compared to the auction two weeks ago steers mostly sold 5.00 to 19.00 higher. Steers under 500 lbs. sold sharply higher although not well compared. Heifers sold mostly 3.00 to 11.00 higher.

Russell Livestock Auction - Iowa · Iowa

Compared to last sale; Steer and heifer calves sold 15.00-25.00 higher with instances of sharply higher. Feeder steers and heifers were 5.00-15,00 higher. Pre-conditioning ,fill and quality were influencing factors. Trade and demand were stronger on larger numbers.

Roswell Livestock Auction · New Mexico

Compared to last week's sale, Slaughter Beef Steers traded $2.00-$4.00 lower, Slaughter Dairy Cows sold $3.00-$6.00 higher , and Feeder Dairy Calves Holstein Bulls were up $10.00-$20.00.

New Holland Sale Stables · Pennsylvania

Compared to last Monday: No trends due to market being closed for Labor Day, however the feeder market appeared stronger with a good supply and good demand for quality cattle.

Lexington Livestock Auction - Kentucky · Kentucky

Trends could not be established due to a lack of comparable data last week, but all classes of Cattle tended to sell with a higher undertone. Quality & Demand good.

Dickson Livestock Auction · Tennessee

Compared to last week slaughter cattle were 2.00 to 4.00 lower, while feeder cattle were 15.00 to 20.00 higher. Trade and demand were moderate with moderate offerings. Quality of cattle was average. 11 head Sheep: 155.00 - 410.00; 51 head Goats: 50.00 - 265.00; 1 head Baby Calves: 400.00

Turnersburg Livestock Auction · North Carolina

Cows and bulls

National direct, dressed USDA
ClassPriceDirectionHead
Breaker (75% lean)283.33/cwt$7.99 higher741
Boner (85% lean)293.33/cwt$8.77 higher2,373
Cutter (90% lean)290.19/cwt$1.76 higher3,721
Premium White314.00/cwt$3.37 higher4,750
Bull (92% lean)331.97/cwt$6.58 lower440

Reports published

See every report →
144 USDA reports carried this date — sale barns, state summaries, video and board sales, grain, hay and the national desks.
Source: USDA AMS. Every figure is USDA's as filed, and the direction words — higher, lower, steady— follow the arithmetic rather than an opinion. Quoted comment is the work of USDA market reporters, credited to the sale it came from. This is RaisedBeef's rendering of USDA data, not a copy of USDA's document and not endorsed by USDA.