Compared to the sale two weeks ago, feeder steers 10.00-20.00 higher. Feeder heifers 10.00-25.00 higher. Slaughter cows steady. Demand very good. Supply heavy. The week off combined with a higher market and very dry conditions gathered lots of cattle including several high quality consignments which saw producers well rewarded for their genetics and management. We may not have recognized it at the time but the modest strength seen in fed cattle prices the previous couple of weeks even with an undervalued June live contract on the packers side portended a late spring price spike that took flight last week with prices as high as 190.00/cwt in the north. Tuesday's large advance in cutout values makes further gains look possible with continued tight supplies and strong demand. The feeder world has followed suit in recalibrating prices with the CME feeder index gaining 11.00/cwt over the past week.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium and Large 1 | 577 | 269.02 | 1,551 | 661 |
| Medium and Large 1-2 | 517 | 257.78 | 1,332 | 177 |
| Medium 1-2 | 495 | 245.61 | 1,216 | 21 |
| Medium 1 | 519 | 235.50 | 1,222 | 7thin |
| Medium and Large 2 | 592 | 221.72 | 1,312 | 15thin |
| Medium and Large 2-3 | 646 | 188.00 | 1,214 | 4thin |
| Class | Grade | Dressing | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|---|---|
| Bulls | — | High | 1,988 | 127.29 | 2,531 | 3thin |
| Cows | Boner 80-85% | High | 1,273 | 104.25 | 1,327 | 23 |
| Cows | Lean 85-90% | Average | 1,089 | 87.91 | 957 | 33 |
| Class | Grade / description | Weight | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Steers | Medium 1-2 | — | 375 | 256.46/cwt | 250.00–262.50 | 962 | 9 |
| Heifers | Medium and Large 1Unweaned | — | 489 | 256.75/cwt | 250.00–258.00 | 1,256 | 19 |
| Steers | Medium and Large 2 | — | 520 | 226.11/cwt | 225.00–227.50 | 1,176 | 7 |
| Steers | Medium and Large 2 | — | 641 | 222.00/cwt | 222.00–222.00 | 1,423 | 5 |
| Steers | Medium and Large 2-3 | — | 646 | 188.00/cwt | 188.00–188.00 | 1,214 | 4 |
| Steers | Medium and Large 1-2 | — | 682 | 225.20/cwt | 220.00–232.00 | 1,536 | 7 |
| Steers | Medium and Large 1-2 | — | 323 | 280.18/cwt | 270.00–285.00 | 905 | 9 |
| Steers | Medium and Large 1-2 | — | 388 | 290.91/cwt | 287.50–295.00 | 1,129 | 6 |
| Steers | Medium and Large 1-2 | — | 521 | 259.01/cwt | 235.00–280.00 | 1,349 | 29 |
| Steers | Medium and Large 1-2 | — | 425 | 275.75/cwt | 250.00–297.50 | 1,172 | 42 |
| Steers | Medium and Large 1-2 | — | 474 | 263.57/cwt | 250.00–283.00 | 1,249 | 31 |
| Steers | Medium and Large 1-2 | — | 727 | 228.71/cwt | 222.50–241.00 | 1,663 | 13 |
| Steers | Medium and Large 1 | — | 629 | 253.59/cwt | 246.00–258.00 | 1,595 | 65 |
| Steers | Medium and Large 2 | — | 678 | 211.00/cwt | 211.00–211.00 | 1,431 | 3 |
| Steers | Medium and Large 1 | — | 724 | 245.93/cwt | 225.00–254.50 | 1,781 | 23 |
| Steers | Medium 1-2 | — | 805 | 194.00/cwt | 194.00–194.00 | 1,562 | 3 |
| Steers | Medium and Large 1-2 | — | 628 | 236.36/cwt | 219.00–252.00 | 1,484 | 27 |
| Steers | Medium and Large 1-2 | — | 571 | 243.48/cwt | 230.00–250.00 | 1,390 | 13 |
| Steers | Medium and Large 1Value Added | — | 663 | 257.00/cwt | 257.00–257.00 | 1,704 | 9 |
| Steers | Medium 1-2 | — | 512 | 251.97/cwt | 250.00–256.00 | 1,290 | 9 |
| Steers | Medium and Large 1 | — | 374 | 305.29/cwt | 300.00–318.00 | 1,142 | 22 |
| Steers | Medium and Large 1Value Added | — | 703 | 253.97/cwt | 253.00–254.50 | 1,785 | 51 |
| Steers | Medium and Large 1 | — | 472 | 290.44/cwt | 280.00–300.00 | 1,371 | 55 |
| Steers | Medium and Large 1 | — | 757 | 240.10/cwt | 228.00–244.50 | 1,818 | 47 |
| Steers | Medium and Large 1Unweaned | — | 658 | 227.50/cwt | 227.50–227.50 | 1,497 | 6 |
| Steers | Medium and Large 1 | — | 526 | 278.10/cwt | 262.00–290.00 | 1,463 | 101 |
| Steers | Medium and Large 1Unweaned | — | 631 | 235.11/cwt | 230.00–242.00 | 1,484 | 7 |
| Steers | Medium and Large 1Value Added | — | 610 | 266.09/cwt | 263.00–269.00 | 1,623 | 21 |
| Steers | Medium and Large 1Value Added | — | 539 | 286.14/cwt | 281.50–292.00 | 1,542 | 56 |
| Steers | Medium and Large 1Value Added | — | 459 | 305.48/cwt | 300.00–310.00 | 1,402 | 50 |
| Steers | Medium and Large 1Unweaned | — | 500 | 249.00/cwt | 249.00–249.00 | 1,245 | 3 |
| Steers | Medium and Large 1Unweaned | — | 585 | 231.44/cwt | 230.00–232.00 | 1,354 | 21 |
| Steers | Medium and Large 1Unweaned | — | 707 | 200.00/cwt | 200.00–200.00 | 1,414 | 3 |
| Bulls | Medium and Large 1-2 | — | 336 | 253.23/cwt | 250.00–257.50 | 851 | 7 |
| Bulls | Medium and Large 1-2 | — | 416 | 275.51/cwt | 230.00–290.00 | 1,146 | 18 |
| Bulls | Medium and Large 1-2 | — | 468 | 267.50/cwt | 267.50–267.50 | 1,252 | 3 |
| Bulls | Medium and Large 1-2 | — | 577 | 218.33/cwt | 205.00–222.00 | 1,260 | 11 |
| Bulls | Medium and Large 1-2 | — | 361 | 267.59/cwt | 230.00–287.50 | 966 | 6 |
| Bulls | Medium and Large 1-2 | — | 531 | 235.02/cwt | 225.00–245.00 | 1,248 | 4 |
| Cows | Lean 85-90% | — | 1,103 | 90.12/cwt | 86.00–95.00 | 994 | 29 |
| Cows | Lean 85-90% | — | 985 | 71.86/cwt | 65.00–78.00 | 708 | 4 |
| Cows | Boner 80-85% | — | 1,378 | 110.92/cwt | 109.00–113.00 | 1,528 | 4 |
| Bulls | — | — | 2,345 | 135.50/cwt | 135.50–135.50 | 3,177 | 1 |
| Bulls | — | — | 1,810 | 123.19/cwt | 117.00–127.00 | 2,230 | 2 |
| Cows | Boner 80-85% | — | 1,251 | 102.84/cwt | 97.00–106.00 | 1,287 | 19 |
| Heifers | Medium and Large 2 | — | 383 | 218.30/cwt | 210.00–225.00 | 836 | 9 |
| Heifers | Medium and Large 1 | — | 629 | 245.35/cwt | 229.00–254.00 | 1,543 | 97 |
| Heifers | Medium and Large 1Fleshy | — | 543 | 240.00/cwt | 240.00–240.00 | 1,303 | 6 |
| Heifers | Medium and Large 1Fleshy | — | 494 | 250.00/cwt | 250.00–250.00 | 1,235 | 6 |
| Heifers | Medium and Large 1-2 | — | 476 | 244.29/cwt | 225.00–262.50 | 1,163 | 45 |
| Heifers | Medium and Large 2 | — | 612 | 209.00/cwt | 209.00–209.00 | 1,279 | 14 |
| Heifers | Medium and Large 2 | — | 576 | 215.49/cwt | 210.00–217.00 | 1,241 | 19 |
| Heifers | Medium and Large 2 | — | 509 | 226.36/cwt | 220.00–232.50 | 1,152 | 4 |
| Heifers | Medium 1-2 | — | 526 | 214.78/cwt | 214.00–215.00 | 1,130 | 9 |
| Heifers | Medium and Large 1 | — | 480 | 266.21/cwt | 260.00–272.00 | 1,278 | 22 |
| Heifers | Medium and Large 1 | — | 531 | 262.06/cwt | 255.00–270.00 | 1,392 | 47 |
| Heifers | Medium and Large 2 | — | 678 | 196.03/cwt | 187.00–205.00 | 1,329 | 6 |
| Heifers | Medium and Large 1-2 | — | 511 | 240.27/cwt | 220.00–257.50 | 1,228 | 69 |
| Heifers | Medium and Large 1-2 | — | 678 | 214.22/cwt | 210.00–220.00 | 1,452 | 7 |
| Heifers | Medium and Large 1-2 | — | 427 | 257.50/cwt | 237.50–267.50 | 1,100 | 72 |
| Heifers | Medium and Large 1-2 | — | 569 | 226.12/cwt | 220.00–233.00 | 1,287 | 15 |
| Heifers | Medium and Large 1 | — | 429 | 269.07/cwt | 262.50–277.50 | 1,154 | 37 |
| Heifers | Medium 1-2 | — | 311 | 216.73/cwt | 210.00–220.00 | 674 | 6 |
| Heifers | Medium and Large 1Value Added | — | 475 | 271.83/cwt | 271.00–275.00 | 1,291 | 52 |
| Heifers | Medium and Large 1 | — | 671 | 241.06/cwt | 234.00–246.00 | 1,618 | 55 |
| Heifers | Medium and Large 1 | — | 727 | 226.56/cwt | 215.00–235.00 | 1,647 | 23 |
| Heifers | Medium 1-2 | — | 407 | 235.00/cwt | 235.00–235.00 | 956 | 10 |
| Heifers | Medium and Large 1Unweaned | — | 665 | 230.00/cwt | 230.00–230.00 | 1,530 | 4 |
| Heifers | Medium and Large 1-2 | — | 366 | 238.88/cwt | 220.00–257.50 | 874 | 25 |
| Heifers | Medium and Large 1Value Added | — | 367 | 276.00/cwt | 276.00–276.00 | 1,013 | 23 |
| Heifers | Medium and Large 1Value Added | — | 575 | 262.82/cwt | 256.00–268.00 | 1,511 | 34 |
| Heifers | Medium and Large 1Value Added | — | 512 | 269.30/cwt | 264.00–273.00 | 1,379 | 35 |
| Heifers | Medium and Large 1 | — | 750 | 211.00/cwt | 211.00–211.00 | 1,583 | 4 |
| Steers | Medium and Large 1 | — | 434 | 295.03/cwt | 285.00–307.00 | 1,280 | 19 |
| Heifers | Medium and Large 1 | — | 572 | 252.41/cwt | 246.00–267.50 | 1,444 | 32 |
| Steers | Medium 1 | — | 519 | 235.50/cwt | 228.00–255.00 | 1,222 | 7 |
| Steers | Medium and Large 1 | — | 577 | 265.06/cwt | 255.00–287.50 | 1,529 | 85 |
| Steers | Medium and Large 1 | — | 671 | 245.27/cwt | 242.00–252.50 | 1,646 | 10 |
| Steers | Medium and Large 1Fleshy | — | 677 | 237.00/cwt | 237.00–237.00 | 1,604 | 7 |
Compared to the sale two weeks ago, feeder steers 10.00-20.00 higher. Feeder heifers 10.00-25.00 higher. Slaughter cows steady. Demand very good. Supply heavy. The week off combined with a higher market and very dry conditions gathered lots of cattle including several high quality consignments which saw producers well rewarded for their genetics and management. We may not have recognized it at the time but the modest strength seen in fed cattle prices the previous couple of weeks even with an undervalued June live contract on the packers side portended a late spring price spike that took flight last week with prices as high as 190.00/cwt in the north. Tuesday's large advance in cutout values makes further gains look possible with continued tight supplies and strong demand. The feeder world has followed suit in recalibrating prices with the CME feeder index gaining 11.00/cwt over the past week.
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Steers — Medium 1-2$ per cwt · actual wt | ||||
| 9 | — | 375 | 250.00–262.50 | 256.46 |
| 3 | — | 805 | 194.00 | 194.00 |
| 9 | — | 512 | 250.00–256.00 | 251.97 |
| Steers — Medium and Large 2$ per cwt · actual wt | ||||
| 7 | — | 520 | 225.00–227.50 | 226.11 |
| 5 | — | 641 | 222.00 | 222.00 |
| 3 | — | 678 | 211.00 | 211.00 |
| Steers — Medium and Large 2-3$ per cwt · actual wt | ||||
| 4 | — | 646 | 188.00 | 188.00 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 7 | — | 682 | 220.00–232.00 | 225.20 |
| 9 | — | 323 | 270.00–285.00 | 280.18 |
| 6 | — | 388 | 287.50–295.00 | 290.91 |
| 29 | — | 521 | 235.00–280.00 | 259.01 |
| 42 | — | 425 | 250.00–297.50 | 275.75 |
| 31 | — | 474 | 250.00–283.00 | 263.57 |
| 13 | — | 727 | 222.50–241.00 | 228.71 |
| 27 | — | 628 | 219.00–252.00 | 236.36 |
| 13 | — | 571 | 230.00–250.00 | 243.48 |
| Steers — Medium and Large 1$ per cwt · actual wt | ||||
| 65 | — | 629 | 246.00–258.00 | 253.59 |
| 23 | — | 724 | 225.00–254.50 | 245.93 |
| 22 | — | 374 | 300.00–318.00 | 305.29 |
| 55 | — | 472 | 280.00–300.00 | 290.44 |
| 47 | — | 757 | 228.00–244.50 | 240.10 |
| 101 | — | 526 | 262.00–290.00 | 278.10 |
| 19 | — | 434 | 285.00–307.00 | 295.03 |
| 85 | — | 577 | 255.00–287.50 | 265.06 |
| 10 | — | 671 | 242.00–252.50 | 245.27 |
| Steers — Medium and Large 1 · Value Added$ per cwt · actual wt | ||||
| 9 | — | 663 | 257.00 | 257.00 |
| 51 | — | 703 | 253.00–254.50 | 253.97 |
| 21 | — | 610 | 263.00–269.00 | 266.09 |
| 56 | — | 539 | 281.50–292.00 | 286.14 |
| 50 | — | 459 | 300.00–310.00 | 305.48 |
| Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt | ||||
| 6 | — | 658 | 227.50 | 227.50 |
| 7 | — | 631 | 230.00–242.00 | 235.11 |
| 3 | — | 500 | 249.00 | 249.00 |
| 21 | — | 585 | 230.00–232.00 | 231.44 |
| 3 | — | 707 | 200.00 | 200.00 |
| Steers — Medium 1$ per cwt · actual wt | ||||
| 7 | — | 519 | 228.00–255.00 | 235.50 |
| Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt | ||||
| 7 | — | 677 | 237.00 | 237.00 |
| Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt | ||||
| 19 | — | 489 | 250.00–258.00 | 256.75 |
| 4 | — | 665 | 230.00 | 230.00 |
| Heifers — Medium and Large 2$ per cwt · actual wt | ||||
| 9 | — | 383 | 210.00–225.00 | 218.30 |
| 14 | — | 612 | 209.00 | 209.00 |
| 19 | — | 576 | 210.00–217.00 | 215.49 |
| 4 | — | 509 | 220.00–232.50 | 226.36 |
| 6 | — | 678 | 187.00–205.00 | 196.03 |
| Heifers — Medium and Large 1$ per cwt · actual wt | ||||
| 97 | — | 629 | 229.00–254.00 | 245.35 |
| 22 | — | 480 | 260.00–272.00 | 266.21 |
| 47 | — | 531 | 255.00–270.00 | 262.06 |
| 37 | — | 429 | 262.50–277.50 | 269.07 |
| 55 | — | 671 | 234.00–246.00 | 241.06 |
| 23 | — | 727 | 215.00–235.00 | 226.56 |
| 4 | — | 750 | 211.00 | 211.00 |
| 32 | — | 572 | 246.00–267.50 | 252.41 |
| Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt | ||||
| 6 | — | 543 | 240.00 | 240.00 |
| 6 | — | 494 | 250.00 | 250.00 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 45 | — | 476 | 225.00–262.50 | 244.29 |
| 69 | — | 511 | 220.00–257.50 | 240.27 |
| 7 | — | 678 | 210.00–220.00 | 214.22 |
| 72 | — | 427 | 237.50–267.50 | 257.50 |
| 15 | — | 569 | 220.00–233.00 | 226.12 |
| 25 | — | 366 | 220.00–257.50 | 238.88 |
| Heifers — Medium 1-2$ per cwt · actual wt | ||||
| 9 | — | 526 | 214.00–215.00 | 214.78 |
| 6 | — | 311 | 210.00–220.00 | 216.73 |
| 10 | — | 407 | 235.00 | 235.00 |
| Heifers — Medium and Large 1 · Value Added$ per cwt · actual wt | ||||
| 52 | — | 475 | 271.00–275.00 | 271.83 |
| 23 | — | 367 | 276.00 | 276.00 |
| 34 | — | 575 | 256.00–268.00 | 262.82 |
| 35 | — | 512 | 264.00–273.00 | 269.30 |
| Bulls — Medium and Large 1-2$ per cwt · actual wt | ||||
| 7 | — | 336 | 250.00–257.50 | 253.23 |
| 18 | — | 416 | 230.00–290.00 | 275.51 |
| 3 | — | 468 | 267.50 | 267.50 |
| 11 | — | 577 | 205.00–222.00 | 218.33 |
| 6 | — | 361 | 230.00–287.50 | 267.59 |
| 4 | — | 531 | 225.00–245.00 | 235.02 |
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| 29 | — | 1,103 | 86.00–95.00 | 90.12 |
| 4 | — | 985 | 65.00–78.00 | 71.86 |
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| 4 | — | 1,378 | 109.00–113.00 | 110.92 |
| 19 | — | 1,251 | 97.00–106.00 | 102.84 |
| Bulls$ per cwt · actual wt | ||||
| 1 | — | 2,345 | 135.50 | 135.50 |
| 2 | — | 1,810 | 117.00–127.00 | 123.19 |