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$414.98▲ 9.57 wk · Sep 28 – Oct 4
FED CASH IOWA-MINNESOTA$219.5310/2
CHOICE BOX$374.19▼ 2.60 · 10/2
CH–SE SPREAD+19.7010/2
CULL COWS$139.87wk Sep 28 – Oct 4
BRED COWS$2,471/hdwk Sep 28 – Oct 4
KS CORN$4.7210/2
OCT 5-WTS$446.58sales to 10/1
RETAIL FEATURES85.8%wk 9/28

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:Ericson, NE Sat, Oct 3South Branch Valley Livestock Exchange, WV Sat, Oct 3Somerset Livestock Auction, KY Sat, Oct 3Carthage Livestock Auction, TN Sat, Oct 3

Feeder cattle, auction

Week of Sep 28 – Oct 4 · vs week of Sep 21
U.S. weighted average · every USDA-reported auction · $/cwt · change vs last week
WeightSteersHeifersSteer $/hd*
400–500 lb10,712 hd462.19▲ 1.32398.19▼ 2.682,080
500–600 lb17,467 hd414.98▲ 9.57352.96▼ 3.142,282
600–700 lb12,280 hd366.55▲ 2.93332.28▼ 1.802,383
700–800 lb8,528 hd344.10▼ 2.64323.40▼ 4.562,581
800–900 lb10,078 hd333.11▼ 1.92311.36▼ 2.762,831
Receipts, these classes
104,007 hd
Last week
100,142
469436404371414.986/157/208/249/28
500-599 lb steers, U.S. weekly weighted average. 16 weeks: 459.05 → 414.98 (−44.07). Peak 468.91, week of 6/29.
*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 Fri, Oct 2
Negotiated cash trade · steers · USDA 5-Area reports
TradeRegionPriceHead
Live FOBIowa-Minnesota$219.531,360
Dressed DeliveredNebraska$345.00994
Live DeliveredNebraska$226.00620
Live FOBNebraska$220.00117
Dressed DeliveredIowa-Minnesota$345.0038
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 Fri, Oct 2
Cash elevator bids, yellow corn — what feed actually costs, not futures
StateCorn $/buStateCorn $/bu
South Dakota4.305 bidsNebraska4.707 bids
Iowa4.577 bidsKansas4.7211 bids
Texas5.744 bidsOklahoma5.017 bids
Colorado5.178 bidsMissouri4.5710 bids

Packer margin Derived

Fri, Oct 2
Per head
$371
Per cwt
38.99
▼ 65 vs week ago
How it's calculated · $/cwt dressed
Beef revenue · Choice cutout374.19 Oct 2
− Cattle cost · dressed steer359.20 Sep 29
+ Drop credit · hide & offal24.00 Oct 2
= Net margin38.99/cwt
× Carcass weight ÷ 100951.8 lb hot carcass
= Per head$371
Cattle cost carries its own reporting period — negotiated dressed trade is published weekly, the cutout daily.
Packer margin, charted daily

Boxed beef and primals

Fri, Oct 2 · vs Thu, Oct 1
Afternoon close · Choice 600–900 · $/cwt · change vs prior report
Choice cutout$374.19 ▼ 2.60
Select cutout$354.49 ▲ 1.60
Choice–Select spread+19.70 ▼ 4.20
PrimalChoicePrimalChoice
Rib667.52Loin463.00
Chuck324.84Round297.72
Brisket300.34Plate236.65
Flank158.93
Cutout, primals and the cut ladder

Forward market

Sep 10 – Oct 1
5-wt steers · video/board · forward delivery
Oct delivery$446.58 5,022 hd
Nov delivery$455.62 2,833 hd
Dec delivery$428.93 993 hd
Jan delivery$515.00 500 hd
Overland Stockyard0.2% of 24,033 · 9/30
Forward prices — a separate market from the spot auction averages above, never blended with them.

Cows and bred stock

Wk Sep 28 – Oct 4
Bred cows$2,471/hd ▲ 47
Cow–calf pairs$3,376/hd
Cull cows · Boner$139.87 ▼ 2.70
Biggest runJoplin Regional Stocky… 9,521 hd · 9/28
Bred stock by stage, age and state

Retail features

Wk of Sep 28
Stores w/ beef ads85.8% LY 85.3%
Ribeye featured$15.07/lb 1,188 stores
Strip featured$14.89/lb 1,507 stores
25,521 stores surveyed.

Trade and imported product

Sep 21 · Aug 21
Mexico cattle importsNONE REPORTED wk 9/21
80% lean trim, imported308–309¢ 8/21
Imported lots are reported separately and never enter the U.S. auction averages.