Compared to last week: Feeder cattle were too lightly tested today to develop an accurate market trend, however steady undertones were noticed on like quality offerings. Quality this week was mostly plain to average and lower than last weeks very attractive offering. Demand for all feeders was moderate to good for light offerings. The best demand continues to be for cattle suitable to develop into yearlings. CME positions saw triple digit gains again today as prices continue to press higher following yesterdays cattle inventory report, which showed cattle and calves on US farms down 2% at 87.2 million head. The March contract closed at 244.875, while the April closed at 250.525, 6.70 higher and 6.60 higher than last Thursdays close. Market activity was mostly active this week. Weigh up cows sold on good to very good demand for light to moderate offerings. Slaughter cow demand was good to very good, as packer buyers bid against private feeders in an attempt to secure offerings. Slaughter cow offerings sold steady to 3.00 higher on all classes. Feeding cow buyers remain very aggressive as they push to buy as many cows as possible. Feeding cows sold generally steady to 3.00 higher as well with good demand seen for all offerings. Slaughter bulls sold steady in a narrow comparison. Young age cows suitable to feed or rebreed were not well compared. More heifers that lost calves were seen this week making comparisons difficult. Demand for this class was very good as feeding demand continues to improve with higher live cattle contract prices. Many buyers continue to buy coming 2 and coming 3 year old heifers that haven't calved to feed as they hope to feed this class to choice.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium 1-2 | 323 | 310.00 | 1,001 | 8thin |
| Medium and Large 1 | 565 | 307.25 | 1,735 | 63 |
| Medium and Large 1-2 | 547 | 300.17 | 1,642 | 30 |
| Medium and Large 2 | 492 | 290.00 | 1,427 | 3thin |
| Class | Grade | Dressing | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|---|---|
| Bulls | — | High | 1,773 | 106.48 | 1,888 | 28 |
| Cows | Breaker 75-80% | Low | 1,579 | 103.77 | 1,639 | 26 |
| Cows | Boner 80-85% | Average | 1,389 | 99.84 | 1,387 | 133 |
| Cows | Lean 85-90% | Average | 1,181 | 93.76 | 1,107 | 391 |
| Class | Stage | Age | Avg wt | $/head | Head |
|---|---|---|---|---|---|
| Bred Cows | 2nd Stage (4-6 mo) | Middle Aged (5-8 yrs) | 1,145 | $2,000 | 2thin |
| Bred Cows | 2nd Stage (4-6 mo) | Young (2-4 yrs) | 1,098 | $1,800 | 2thin |
| Bred Cows | 2nd/3rd Stage (4-9 mo) | Middle Aged/Aged (>5 yrs) | 1,347 | $1,620 | 6 |
| Bred Cows | 2nd/3rd Stage (4-9 mo) | Aged (>8 yrs) | 1,292 | $1,523 | 10 |
| Bred Cows | 1st/2nd Stage (1-6 mo) | Young (2-4 yrs) | 1,240 | $1,500 | 2thin |
| Class | Grade / description | Weight | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Heifers | Medium and Large 1-2 | — | 648 | 220.00/cwt | 220.00–220.00 | 1,426 | 2 |
| Heifers | Medium and Large 1 | — | 562 | 265.93/cwt | 264.00–268.00 | 1,495 | 19 |
| Stock Cows | Medium and Large 1 | — | 995 | 177.77/cwt | 143.00–191.50 | 1,769 | 35 |
| Stock Cows | Medium and Large 1 | — | 1,180 | 102.99/cwt | 96.00–105.00 | 1,215 | 5 |
| Bred Cows | Medium and Large 1 | — | 1,098 | 1,800.00/head | 1,800.00–1,800.00 | 1,800 | 2 |
| Bred Cows | Medium and Large 1 | — | 1,145 | 2,000.00/head | 2,000.00–2,000.00 | 2,000 | 2 |
| Heifers | Medium 1-2 | — | 380 | 295.00/cwt | 295.00–295.00 | 1,121 | 3 |
| Heifers | Medium and Large 1-2 | — | 730 | 216.00/cwt | 216.00–216.00 | 1,577 | 7 |
| Heifers | Medium and Large 1-2 | — | 579 | 258.58/cwt | 255.00–262.00 | 1,497 | 8 |
| Heifers | Medium and Large 1 | — | 661 | 244.00/cwt | 244.00–244.00 | 1,613 | 7 |
| Heifers | Medium and Large 2 | — | 392 | 292.50/cwt | 292.50–292.50 | 1,147 | 7 |
| Heifers | Medium and Large 2 | — | 548 | 245.00/cwt | 245.00–245.00 | 1,343 | 2 |
| Heifers | Medium and Large 1 | — | 466 | 295.00/cwt | 295.00–295.00 | 1,375 | 10 |
| Steers | Medium and Large 2 | — | 492 | 290.00/cwt | 290.00–290.00 | 1,427 | 3 |
| Steers | Medium 1-2 | — | 323 | 310.00/cwt | 310.00–310.00 | 1,001 | 8 |
| Heifers | Medium and Large 1 | — | 741 | 241.58/cwt | 241.00–244.00 | 1,790 | 5 |
| Steers | Medium and Large 1 | — | 523 | 326.86/cwt | 323.00–331.00 | 1,709 | 16 |
| Steers | Medium and Large 1 | — | 650 | 272.00/cwt | 272.00–272.00 | 1,768 | 1 |
| Steers | Medium and Large 1 | — | 724 | 254.00/cwt | 254.00–254.00 | 1,839 | 5 |
| Steers | Medium and Large 1 | — | 460 | 340.00/cwt | 340.00–340.00 | 1,564 | 2 |
| Steers | Medium and Large 1 | — | 578 | 302.16/cwt | 301.50–305.00 | 1,746 | 36 |
| Heifers | Medium and Large 1 | — | 318 | 320.00/cwt | 320.00–320.00 | 1,018 | 2 |
| Steers | Medium and Large 1-2 | — | 341 | 350.00/cwt | 350.00–350.00 | 1,194 | 5 |
| Steers | Medium and Large 1-2 | — | 589 | 293.67/cwt | 289.00–294.00 | 1,730 | 15 |
| Steers | Medium and Large 1-2 | — | 442 | 330.00/cwt | 330.00–330.00 | 1,459 | 3 |
| Steers | Medium and Large 1 | — | 402 | 342.50/cwt | 342.50–342.50 | 1,377 | 3 |
| Steers | Medium and Large 1-2 | — | 677 | 256.67/cwt | 255.00–260.00 | 1,738 | 6 |
| Steers | Medium and Large 1-2 | — | 480 | 320.00/cwt | 320.00–320.00 | 1,536 | 1 |
| Heifers | Medium and Large 1-2 | — | 443 | 300.00/cwt | 300.00–300.00 | 1,329 | 2 |
| Heifers | Medium and Large 1Full | — | 860 | 215.00/cwt | 215.00–215.00 | 1,849 | 2 |
| Bulls | Medium and Large 1-2 | — | 945 | 175.00/cwt | 175.00–175.00 | 1,654 | 2 |
| Bulls | Medium and Large 1 | — | 1,033 | 180.00/cwt | 180.00–180.00 | 1,859 | 2 |
| Bulls | Medium and Large 1 | — | 840 | 217.00/cwt | 217.00–217.00 | 1,823 | 1 |
| Bulls | Medium and Large 1 | — | 627 | 255.00/cwt | 255.00–255.00 | 1,599 | 3 |
| Cows | Boner 80-85%Return to Feed | — | 1,385 | 100.74/cwt | 95.00–105.00 | 1,395 | 90 |
| Cows | Lean 85-90% | — | 1,200 | 95.50/cwt | 92.00–98.50 | 1,146 | 24 |
| Cows | Breaker 75-80%Return to Feed | — | 1,563 | 98.00/cwt | 98.00–98.00 | 1,532 | 2 |
| Cows | Boner 80-85%Return to Feed | — | 1,427 | 106.18/cwt | 105.00–106.50 | 1,515 | 11 |
| Bulls | — | — | 1,979 | 120.71/cwt | 119.50–122.00 | 2,389 | 4 |
| Cows | Lean 85-90% | — | 1,035 | 75.27/cwt | 73.00–78.00 | 779 | 6 |
| Cows | Breaker 75-80% | — | 1,490 | 104.50/cwt | 104.50–104.50 | 1,557 | 2 |
| Cows | Lean 85-90% | — | 1,144 | 85.60/cwt | 79.00–93.00 | 979 | 66 |
| Cows | Boner 80-85% | — | 1,505 | 110.10/cwt | 106.50–113.00 | 1,657 | 2 |
| Cows | Boner 80-85% | — | 1,304 | 90.27/cwt | 87.00–93.00 | 1,177 | 7 |
| Cows | Lean 85-90%Return to Feed | — | 1,188 | 96.22/cwt | 93.00–100.00 | 1,143 | 253 |
| Cows | Breaker 75-80%Return to Feed | — | 1,559 | 103.00/cwt | 103.00–103.00 | 1,606 | 4 |
| Cows | Lean 85-90%Light Weight | — | 930 | 52.50/cwt | 52.50–52.50 | 488 | 2 |
| Cows | Lean 85-90%Light Weight | — | 985 | 92.00/cwt | 92.00–92.00 | 906 | 1 |
| Cows | Boner 80-85%Return to Feed | — | 1,348 | 93.01/cwt | 91.00–94.00 | 1,254 | 10 |
| Cows | Boner 80-85% | — | 1,444 | 97.10/cwt | 93.00–104.50 | 1,402 | 13 |
| Cows | Breaker 75-80% | — | 1,618 | 107.83/cwt | 106.50–109.00 | 1,745 | 8 |
| Cows | Breaker 75-80% | — | 1,557 | 98.31/cwt | 95.50–100.00 | 1,531 | 6 |
| Cows | Lean 85-90%Return to Feed | — | 1,229 | 102.23/cwt | 102.00–105.00 | 1,256 | 18 |
| Cows | Lean 85-90% | — | 1,285 | 103.00/cwt | 102.50–104.00 | 1,324 | 3 |
| Cows | Breaker 75-80%Return to Feed | — | 1,609 | 107.13/cwt | 106.50–108.00 | 1,724 | 4 |
| Cows | Lean 85-90%Return to Feed | — | 1,218 | 87.69/cwt | 86.00–92.00 | 1,068 | 18 |
| Bulls | — | — | 1,813 | 103.47/cwt | 95.00–109.00 | 1,876 | 15 |
| Bulls | — | — | 1,920 | 113.51/cwt | 111.00–117.00 | 2,179 | 4 |
| Bulls | —Light Weight | — | 1,373 | 98.48/cwt | 94.00–103.00 | 1,352 | 5 |
| Bred Cows | Medium and Large 1-2 | — | 1,295 | 1,575.00/head | 1,575.00–1,575.00 | 1,575 | 4 |
| Bred Cows | Medium and Large 1 | — | 1,450 | 1,710.00/head | 1,710.00–1,710.00 | 1,710 | 2 |
| Bred Cows | Medium and Large 1 | — | 1,240 | 1,500.00/head | 1,500.00–1,500.00 | 1,500 | 2 |
| Stock Cows | Medium and Large 1 | — | 976 | 139.67/cwt | 102.00–163.00 | 1,363 | 100 |
| Stock Cows | Medium and Large 1-2 | — | 864 | 161.37/cwt | 120.00–185.00 | 1,394 | 10 |
| Bred Cows | Medium and Large 1-2Thin Fleshed | — | 1,093 | 1,100.00/head | 1,100.00–1,100.00 | 1,100 | 2 |
| Stock Cows | Medium and Large 1-2 | — | 985 | 105.00/cwt | 105.00–105.00 | 1,034 | 1 |
| Bred Cows | Medium and Large 1Broken Mouth | — | 1,342 | 1,628.88/head | 1,610.00–1,700.00 | 1,629 | 8 |
| Bred Cows | Medium and Large 1Broken Mouth | — | 1,289 | 109.00/cwt | 109.00–109.00 | 1,405 | 24 |
Compared to last week: Feeder cattle were too lightly tested today to develop an accurate market trend, however steady undertones were noticed on like quality offerings. Quality this week was mostly plain to average and lower than last weeks very attractive offering. Demand for all feeders was moderate to good for light offerings. The best demand continues to be for cattle suitable to develop into yearlings. CME positions saw triple digit gains again today as prices continue to press higher following yesterdays cattle inventory report, which showed cattle and calves on US farms down 2% at 87.2 million head. The March contract closed at 244.875, while the April closed at 250.525, 6.70 higher and 6.60 higher than last Thursdays close. Market activity was mostly active this week. Weigh up cows sold on good to very good demand for light to moderate offerings. Slaughter cow demand was good to very good, as packer buyers bid against private feeders in an attempt to secure offerings. Slaughter cow offerings sold steady to 3.00 higher on all classes. Feeding cow buyers remain very aggressive as they push to buy as many cows as possible. Feeding cows sold generally steady to 3.00 higher as well with good demand seen for all offerings. Slaughter bulls sold steady in a narrow comparison. Young age cows suitable to feed or rebreed were not well compared. More heifers that lost calves were seen this week making comparisons difficult. Demand for this class was very good as feeding demand continues to improve with higher live cattle contract prices. Many buyers continue to buy coming 2 and coming 3 year old heifers that haven't calved to feed as they hope to feed this class to choice.
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 2 | — | 648 | 220.00 | 220.00 |
| 7 | — | 730 | 216.00 | 216.00 |
| 8 | — | 579 | 255.00–262.00 | 258.58 |
| 2 | — | 443 | 300.00 | 300.00 |
| Heifers — Medium and Large 1$ per cwt · actual wt | ||||
| 19 | — | 562 | 264.00–268.00 | 265.93 |
| 7 | — | 661 | 244.00 | 244.00 |
| 10 | — | 466 | 295.00 | 295.00 |
| 5 | — | 741 | 241.00–244.00 | 241.58 |
| 2 | — | 318 | 320.00 | 320.00 |
| Heifers — Medium 1-2$ per cwt · actual wt | ||||
| 3 | — | 380 | 295.00 | 295.00 |
| Heifers — Medium and Large 2$ per cwt · actual wt | ||||
| 7 | — | 392 | 292.50 | 292.50 |
| 2 | — | 548 | 245.00 | 245.00 |
| Heifers — Medium and Large 1 · Full$ per cwt · actual wt | ||||
| 2 | — | 860 | 215.00 | 215.00 |
| Steers — Medium and Large 2$ per cwt · actual wt | ||||
| 3 | — | 492 | 290.00 | 290.00 |
| Steers — Medium 1-2$ per cwt · actual wt | ||||
| 8 | — | 323 | 310.00 | 310.00 |
| Steers — Medium and Large 1$ per cwt · actual wt | ||||
| 16 | — | 523 | 323.00–331.00 | 326.86 |
| 1 | — | 650 | 272.00 | 272.00 |
| 5 | — | 724 | 254.00 | 254.00 |
| 2 | — | 460 | 340.00 | 340.00 |
| 36 | — | 578 | 301.50–305.00 | 302.16 |
| 3 | — | 402 | 342.50 | 342.50 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 5 | — | 341 | 350.00 | 350.00 |
| 15 | — | 589 | 289.00–294.00 | 293.67 |
| 3 | — | 442 | 330.00 | 330.00 |
| 6 | — | 677 | 255.00–260.00 | 256.67 |
| 1 | — | 480 | 320.00 | 320.00 |
| Bulls — Medium and Large 1-2$ per cwt · actual wt | ||||
| 2 | — | 945 | 175.00 | 175.00 |
| Bulls — Medium and Large 1$ per cwt · actual wt | ||||
| 2 | — | 1,033 | 180.00 | 180.00 |
| 1 | — | 840 | 217.00 | 217.00 |
| 3 | — | 627 | 255.00 | 255.00 |
| Age | Stage | Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|---|---|
| Stock Cows — Medium and Large 1$ per cwt · actual wt | ||||||
| (<2 yrs) | Open | 35 | — | 995 | 143.00–191.50 | 177.77 |
| Young/Middle Aged (2-8 yrs) | Open | 5 | — | 1,180 | 96.00–105.00 | 102.99 |
| Young (2-4 yrs) | Open | 100 | — | 976 | 102.00–163.00 | 139.67 |
| Stock Cows — Medium and Large 1-2$ per cwt · actual wt | ||||||
| (<2 yrs) | Open | 10 | — | 864 | 120.00–185.00 | 161.37 |
| Young (2-4 yrs) | Open | 1 | — | 985 | 105.00 | 105.00 |
| Bred Cows — Medium and Large 1$ per head · actual wt | ||||||
| Young (2-4 yrs) | 2nd Stage (4-6 mo) | 2 | — | 1,098 | 1,800.00 | 1,800.00 |
| Middle Aged (5-8 yrs) | 2nd Stage (4-6 mo) | 2 | — | 1,145 | 2,000.00 | 2,000.00 |
| Middle Aged/Aged (>5 yrs) | 2nd/3rd Stage (4-9 mo) | 2 | — | 1,450 | 1,710.00 | 1,710.00 |
| Young (2-4 yrs) | 1st/2nd Stage (1-6 mo) | 2 | — | 1,240 | 1,500.00 | 1,500.00 |
| Bred Cows — Medium and Large 1-2$ per head · actual wt | ||||||
| Middle Aged/Aged (>5 yrs) | 2nd/3rd Stage (4-9 mo) | 4 | — | 1,295 | 1,575.00 | 1,575.00 |
| Bred Cows — Medium and Large 1-2 · Thin Fleshed$ per head · actual wt | ||||||
| Aged (>8 yrs) | 2nd/3rd Stage (4-9 mo) | 2 | — | 1,093 | 1,100.00 | 1,100.00 |
| Bred Cows — Medium and Large 1 · Broken Mouth$ per head · actual wt | ||||||
| Aged (>8 yrs) | 2nd/3rd Stage (4-9 mo) | 8 | — | 1,342 | 1,610.00–1,700.00 | 1,628.88 |
| Aged (>8 yrs) | 2nd/3rd Stage (4-9 mo) | 24 | — | 1,289 | 109.00 | 109.00 |
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Cows — Boner 80-85% · Return to Feed$ per cwt · actual wt | ||||
| 90 | — | 1,385 | 95.00–105.00 | 100.74 |
| 11 | — | 1,427 | 105.00–106.50 | 106.18 |
| 10 | — | 1,348 | 91.00–94.00 | 93.01 |
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| 24 | — | 1,200 | 92.00–98.50 | 95.50 |
| 6 | — | 1,035 | 73.00–78.00 | 75.27 |
| 66 | — | 1,144 | 79.00–93.00 | 85.60 |
| 3 | — | 1,285 | 102.50–104.00 | 103.00 |
| Cows — Breaker 75-80% · Return to Feed$ per cwt · actual wt | ||||
| 2 | — | 1,563 | 98.00 | 98.00 |
| 4 | — | 1,559 | 103.00 | 103.00 |
| 4 | — | 1,609 | 106.50–108.00 | 107.13 |
| Cows — Breaker 75-80%$ per cwt · actual wt | ||||
| 2 | — | 1,490 | 104.50 | 104.50 |
| 8 | — | 1,618 | 106.50–109.00 | 107.83 |
| 6 | — | 1,557 | 95.50–100.00 | 98.31 |
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| 2 | — | 1,505 | 106.50–113.00 | 110.10 |
| 7 | — | 1,304 | 87.00–93.00 | 90.27 |
| 13 | — | 1,444 | 93.00–104.50 | 97.10 |
| Cows — Lean 85-90% · Return to Feed$ per cwt · actual wt | ||||
| 253 | — | 1,188 | 93.00–100.00 | 96.22 |
| 18 | — | 1,229 | 102.00–105.00 | 102.23 |
| 18 | — | 1,218 | 86.00–92.00 | 87.69 |
| Cows — Lean 85-90% · Light Weight$ per cwt · actual wt | ||||
| 2 | — | 930 | 52.50 | 52.50 |
| 1 | — | 985 | 92.00 | 92.00 |
| Bulls$ per cwt · actual wt | ||||
| 4 | — | 1,979 | 119.50–122.00 | 120.71 |
| 15 | — | 1,813 | 95.00–109.00 | 103.47 |
| 4 | — | 1,920 | 111.00–117.00 | 113.51 |
| Bulls — Light Weight$ per cwt · actual wt | ||||
| 5 | — | 1,373 | 94.00–103.00 | 98.48 |