Compared to last week, a much lighter test of feeders sold with a weak to lower undertone as cattle futures have suffered severe losses over the last few trading days. A fire at a slaughter plant in Garden City, Kansas has shut down production and has the futures markets reeling with the expectation it will give packers even more leverage to work fed prices lower, all while trade issues and an increased interest in fake meat complicate the market. Also, the recent crop report came in with production estimates larger than expected and corn prices have seen a sharp decline as well. Supply was light and demand was moderate. Slaughter cows sold mostly steady.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium and Large 1-2 | 506 | 150.15 | 759 | 35 |
| Medium and Large 1 | 624 | 150.05 | 936 | 125 |
| Medium and Large 2 | 603 | 137.50 | 829 | 6thin |
| Medium 1 | 743 | 121.00 | 899 | 3thin |
| Class | Grade | Dressing | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|---|---|
| Bulls | — | High | 1,591 | 85.85 | 1,366 | 14 |
| Cows | Breaker 75-80% | Average | 1,419 | 68.08 | 966 | 7thin |
| Cows | Boner 80-85% | Low | 1,196 | 62.49 | 747 | 20 |
| Cows | Lean 85-90% | Average | 1,066 | 52.62 | 561 | 15 |
| Class | Grade / description | Weight | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Cows | Lean 85-90% | — | 1,112 | 54.15/cwt | 50.50–57.00 | 602 | 10 |
| Cows | Lean 85-90% | — | 940 | 45.71/cwt | 42.00–48.00 | 430 | 4 |
| Cows | Lean 85-90% | — | 1,110 | 65.00/cwt | 65.00–65.00 | 722 | 1 |
| Cows | Breaker 75-80% | — | 1,341 | 66.02/cwt | 62.00–68.00 | 885 | 5 |
| Bulls | Medium and Large 1 | — | 659 | 132.00/cwt | 132.00–132.00 | 870 | 4 |
| Bulls | Medium and Large 1-2 | — | 840 | 111.50/cwt | 111.50–111.50 | 937 | 3 |
| Heifers | Medium and Large 1 | — | 523 | 147.50/cwt | 147.50–147.50 | 771 | 4 |
| Heifers | Medium and Large 1 | — | 589 | 137.22/cwt | 135.00–140.00 | 808 | 31 |
| Heifers | Medium and Large 1-2 | — | 345 | 140.00/cwt | 140.00–140.00 | 483 | 3 |
| Heifers | Medium and Large 1-2 | — | 532 | 134.50/cwt | 134.50–134.50 | 716 | 3 |
| Heifers | Medium and Large 1-2 | — | 632 | 128.50/cwt | 128.50–128.50 | 812 | 3 |
| Heifers | Medium and Large 1-2 | — | 478 | 146.00/cwt | 146.00–146.00 | 698 | 4 |
| Heifers | Medium and Large 1-2 | — | 667 | 123.50/cwt | 123.50–123.50 | 824 | 6 |
| Heifers | Medium and Large 1-2 | — | 588 | 130.52/cwt | 128.50–134.50 | 767 | 12 |
| Heifers | Medium and Large 2 | — | 467 | 138.00/cwt | 138.00–138.00 | 644 | 3 |
| Heifers | Medium and Large 2 | — | 713 | 123.25/cwt | 123.25–123.25 | 879 | 3 |
| Heifers | Medium and Large 2 | — | 550 | 128.50/cwt | 128.50–128.50 | 707 | 6 |
| Heifers | Medium and Large 2 | — | 649 | 116.50/cwt | 116.50–116.50 | 756 | 7 |
| Steers | Medium 1 | — | 743 | 121.00/cwt | 121.00–121.00 | 899 | 3 |
| Steers | Medium and Large 1 | — | 463 | 168.38/cwt | 166.00–170.00 | 780 | 5 |
| Steers | Medium and Large 1 | — | 515 | 167.48/cwt | 166.50–169.00 | 863 | 10 |
| Steers | Medium and Large 1 | — | 746 | 132.00/cwt | 132.00–132.00 | 985 | 13 |
| Steers | Medium and Large 1 | — | 619 | 157.83/cwt | 154.50–161.00 | 977 | 14 |
| Steers | Medium and Large 1 | — | 561 | 158.54/cwt | 154.50–166.00 | 889 | 32 |
| Steers | Medium and Large 1 | — | 671 | 141.98/cwt | 139.00–144.00 | 953 | 51 |
| Steers | Medium and Large 1-2Fleshy | — | 406 | 148.00/cwt | 148.00–148.00 | 601 | 4 |
| Steers | Medium and Large 1-2 | — | 627 | 137.00/cwt | 137.00–137.00 | 859 | 5 |
| Steers | Medium and Large 1-2 | — | 309 | 168.00/cwt | 168.00–168.00 | 519 | 6 |
| Steers | Medium and Large 1-2 | — | 571 | 140.35/cwt | 138.00–141.00 | 801 | 9 |
| Steers | Medium and Large 1-2 | — | 541 | 155.18/cwt | 153.00–156.00 | 840 | 11 |
| Steers | Medium and Large 2 | — | 603 | 137.50/cwt | 137.50–137.50 | 829 | 6 |
| Stock Cows | Medium and Large 1-2 | — | 1,015 | 70.51/cwt | 66.00–73.50 | 716 | 2 |
| Bulls | — | — | 1,918 | 94.71/cwt | 93.50–96.00 | 1,817 | 2 |
| Bulls | — | — | 1,540 | 77.05/cwt | 70.50–82.50 | 1,187 | 3 |
| Bulls | — | — | 1,536 | 86.82/cwt | 84.50–90.50 | 1,334 | 9 |
| Cows | Boner 80-85% | — | 1,135 | 56.68/cwt | 56.00–57.50 | 643 | 2 |
| Cows | Boner 80-85% | — | 1,126 | 67.52/cwt | 66.00–70.50 | 760 | 4 |
| Cows | Boner 80-85% | — | 1,224 | 61.88/cwt | 58.00–65.50 | 757 | 14 |
| Cows | Breaker 75-80% | — | 1,615 | 73.24/cwt | 72.50–74.00 | 1,183 | 2 |
Compared to last week, a much lighter test of feeders sold with a weak to lower undertone as cattle futures have suffered severe losses over the last few trading days. A fire at a slaughter plant in Garden City, Kansas has shut down production and has the futures markets reeling with the expectation it will give packers even more leverage to work fed prices lower, all while trade issues and an increased interest in fake meat complicate the market. Also, the recent crop report came in with production estimates larger than expected and corn prices have seen a sharp decline as well. Supply was light and demand was moderate. Slaughter cows sold mostly steady.
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| 10 | — | 1,112 | 50.50–57.00 | 54.15 |
| 4 | — | 940 | 42.00–48.00 | 45.71 |
| 1 | — | 1,110 | 65.00 | 65.00 |
| Cows — Breaker 75-80%$ per cwt · actual wt | ||||
| 5 | — | 1,341 | 62.00–68.00 | 66.02 |
| 2 | — | 1,615 | 72.50–74.00 | 73.24 |
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| 2 | — | 1,135 | 56.00–57.50 | 56.68 |
| 4 | — | 1,126 | 66.00–70.50 | 67.52 |
| 14 | — | 1,224 | 58.00–65.50 | 61.88 |
| Bulls$ per cwt · actual wt | ||||
| 2 | — | 1,918 | 93.50–96.00 | 94.71 |
| 3 | — | 1,540 | 70.50–82.50 | 77.05 |
| 9 | — | 1,536 | 84.50–90.50 | 86.82 |
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Bulls — Medium and Large 1$ per cwt · actual wt | ||||
| 4 | — | 659 | 132.00 | 132.00 |
| Bulls — Medium and Large 1-2$ per cwt · actual wt | ||||
| 3 | — | 840 | 111.50 | 111.50 |
| Heifers — Medium and Large 1$ per cwt · actual wt | ||||
| 4 | — | 523 | 147.50 | 147.50 |
| 31 | — | 589 | 135.00–140.00 | 137.22 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 3 | — | 345 | 140.00 | 140.00 |
| 3 | — | 532 | 134.50 | 134.50 |
| 3 | — | 632 | 128.50 | 128.50 |
| 4 | — | 478 | 146.00 | 146.00 |
| 6 | — | 667 | 123.50 | 123.50 |
| 12 | — | 588 | 128.50–134.50 | 130.52 |
| Heifers — Medium and Large 2$ per cwt · actual wt | ||||
| 3 | — | 467 | 138.00 | 138.00 |
| 3 | — | 713 | 123.25 | 123.25 |
| 6 | — | 550 | 128.50 | 128.50 |
| 7 | — | 649 | 116.50 | 116.50 |
| Steers — Medium 1$ per cwt · actual wt | ||||
| 3 | — | 743 | 121.00 | 121.00 |
| Steers — Medium and Large 1$ per cwt · actual wt | ||||
| 5 | — | 463 | 166.00–170.00 | 168.38 |
| 10 | — | 515 | 166.50–169.00 | 167.48 |
| 13 | — | 746 | 132.00 | 132.00 |
| 14 | — | 619 | 154.50–161.00 | 157.83 |
| 32 | — | 561 | 154.50–166.00 | 158.54 |
| 51 | — | 671 | 139.00–144.00 | 141.98 |
| Steers — Medium and Large 1-2 · Fleshy$ per cwt · actual wt | ||||
| 4 | — | 406 | 148.00 | 148.00 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 5 | — | 627 | 137.00 | 137.00 |
| 6 | — | 309 | 168.00 | 168.00 |
| 9 | — | 571 | 138.00–141.00 | 140.35 |
| 11 | — | 541 | 153.00–156.00 | 155.18 |
| Steers — Medium and Large 2$ per cwt · actual wt | ||||
| 6 | — | 603 | 137.50 | 137.50 |
| Age | Stage | Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|---|---|
| Stock Cows — Medium and Large 1-2$ per cwt · actual wt | ||||||
| Young (2-4 yrs) | Open | 2 | — | 1,015 | 66.00–73.50 | 70.51 |