Feeder Cattle — prices, barns, and planning

The Feeder BoardNational weight ladder, every weight classfreeState & Region LaddersEvery state, every weightfreeFind Your BarnEvery USDA-reported market, every salefreeSale ReportsClean report pages replacing USDA PDFsfreeState Auction SummariesUSDA's statewide view, 30 statesfreeWhat Are My Calves Worth?Weight + sex + state → today's moneyfreeThe Forward CurveFall prices trading today, by regionproVideo & Internet SalesSuperior, Western Video and morefreeBoard SalesForward feeder trade, by delivery monthfree

Fed Cattle — the cash market and what quality pays

Fed Cash Today5-Area live & dressed, regional splitfreePacker MarginThe daily per-head numberfreeCarcass Weight WatchWeekly weights vs 5-year bandfreeCattle on FeedMonthly placements & marketings, revisions trackedfreeNegotiated Share TrackerCash vs formula, tracked over yearsfreeWhat Quality PaysWhat packers add and subtract on a carcass gridfree

Beef & Retail — from the box to the grocery shelf

Boxed Beef DailyChoice, Select, the spreadfreePrimal ValuesRib to flank, what's pulling the cutoutfreeWhat the Label Is WorthGrass-fed and organic vs conventional, by cutfreeThe 84-Cut LadderEvery cut USDA tracks, dailyproWho Gets WhatEvery segment’s share of the beef dollarfreeImported Lean MarketThe 90s trade that moves cull cowsSoon

Feed & Hay — the cost side, cash not futures

Cash Grain Bids30 states of elevator bids, dailyfreeHay Prices19 states + 18 auctions, by qualityfreeBasis MapWhat local corn is worth against the boardfreeFeedstuffs DeskDDGS, soybean meal, mill feedsfree

Cows & Bred Stock — the rebuild market

Cull Cow & Bull PricesDaily national, by class and regionfreeCow CutoutWhat the grinding beef is worth, dailyfreeBred Cows & PairsBy stage, age, and statefree

More

Latest ReportsEvery USDA release as it publishesfreeReport ArchiveWhat USDA published on any datefreeThe Morning WireDaily brief from every fresh reportfreeRecords BookAll-time highs, and where today sitsfreeCattle on FeedMonthly, with revisions trackedfreeThe BordersMexico & Canada flows and pricesproDrought & Forced SellingHow much of the herd is dry, and what it costsfreeAlertsYour barn, your class, your thresholdSoon
5-WT STEERS$401.88▼ 12.36 wk · Aug 10 – Aug 16
FED CASH NEBRASKA$357.648/19
CHOICE BOX$394.99▲ 3.84 · 8/19
CH–SE SPREAD+30.828/19
CULL COWS$171.45wk Aug 10 – Aug 16
BRED COWS$3,271/hdwk Aug 10 – Aug 16
KS CORN$4.518/19
OCT 5-WTS$470.13sales to 8/19
RETAIL FEATURES96.0%wk 8/10

Sale report finder

Every feeder report from 396 USDA-covered barns across 30 states — clean, readable, and as deep as USDA has published.
Just reported:Sioux Falls Regional Livestock, SD Wed, Aug 19Torrington Livestock Commission Company, WY Wed, Aug 19Bassett, NE Wed, Aug 19South Central Regional Stockyards, MO Wed, Aug 19

Feeder cattle, auction

Week of Aug 10 – Aug 16 · vs week of Aug 3
U.S. weighted average · every USDA-reported auction · $/cwt · change vs last week
WeightSteersHeifersSteer $/hd*
400–500 lb4,256 hd454.11▼ 1.68400.19▼ 3.252,043
500–600 lb6,242 hd401.88▼ 12.36366.69▼ 7.342,210
600–700 lb7,088 hd373.90▼ 13.61348.42▼ 4.752,430
700–800 lb6,343 hd354.03▼ 9.39331.24▼ 9.822,655
800–900 lb7,829 hd338.97▼ 11.78317.60▼ 2.052,881
Receipts, these classes
60,747 hd
Last week
56,952
488454421388387.755/46/87/138/17
500-599 lb steers, U.S. weekly weighted average. 16 weeks: 487.55 → 387.75 (−99.80). Peak 487.55, week of 5/4.
*Steer $/hd is the weighted average price applied to the midpoint of each weight range.
The same ladder for your state, and by region →Browse every sale barn report →
Find your barn and every reported sale

Fed cattle, negotiated cash

Reported Wed, Aug 19
Negotiated cash trade · steers · USDA 5-Area reports
TradeRegionPriceHead
Dressed DeliveredNebraska$357.641,670
Live FOBIowa-Minnesota$225.001,008
Dressed DeliveredIowa-Minnesota$355.69498
Dressed FOBNebraska$356.00204
Negotiated cash only — grid and formula volume is reported separately and is not blended into these averages.
Fed cattle desk — price discovery, packer margin, reporting gaps →
The full fed cattle desk

Cash grain

Reported Wed, Aug 19
Cash elevator bids, yellow corn — what feed actually costs, not futures
StateCorn $/buStateCorn $/bu
South Dakota4.155 bidsNebraska4.517 bids
Iowa4.447 bidsKansas4.5111 bids
Texas5.354 bidsOklahoma4.827 bids
Colorado4.939 bidsMissouri4.6010 bids

Packer margin Derived

Wed, Aug 19
Per head
$410
Per cwt
43.57
▲ 198 vs week ago
How it's calculated · $/cwt dressed
Beef revenue · Choice cutout394.99 Aug 19
− Cattle cost · dressed steer374.15 Aug 18
+ Drop credit · hide & offal22.73 Aug 19
= Net margin43.57/cwt
× Carcass weight ÷ 100942.1 lb hot carcass
= Per head$410
Cattle cost carries its own reporting period — negotiated dressed trade is published weekly, the cutout daily.
Packer margin, charted daily

Boxed beef and primals

Wed, Aug 19 · vs Tue, Aug 18
Afternoon close · Choice 600–900 · $/cwt · change vs prior report
Choice cutout$394.99 ▲ 3.84
Select cutout$364.17 ▼ 2.12
Choice–Select spread+30.82 ▲ 5.96
PrimalChoicePrimalChoice
Rib646.66Loin489.13
Chuck338.65Round328.87
Brisket353.98Plate268.33
Flank209.03
Cutout, primals and the cut ladder

Forward market

Jul 29 – Aug 19
5-wt steers · video/board · forward delivery
Sep delivery$461.31 5,356 hd
Oct delivery$470.13 27,534 hd
Nov delivery$473.69 8,587 hd
Dec delivery$483.03 3,747 hd
Superior Livestock Auction7.9% of 197,164 · 8/17
Forward prices — a separate market from the spot auction averages above, never blended with them.

Cows and bred stock

Wk Aug 10 – Aug 16
Bred cows$3,271/hd ▲ 481
Cow–calf pairs$3,584/hd
Cull cows · Boner$171.45 ▼ 3.14
Biggest runOKC West Livestock Mar… 4,982 hd · 8/18
Bred stock by stage, age and state

Retail features

Wk of Aug 10
Stores w/ beef ads96.0% LY 88.8%
Ribeye featured$24.24/lb 930 stores
Strip featured$11.77/lb 3,228 stores
25,521 stores surveyed.

Trade and imported product

Jul 27 · Aug 14
Mexico cattle importsNONE REPORTED wk 7/27
80% lean trim, imported308–311¢ 8/14
Imported lots are reported separately and never enter the U.S. auction averages.