Compared to last week: Feeder cattle were too lightly tested to develop an accurate market trend, however higher undertones were noticed on steers and heifers. Feeder cattle quality was mostly average today. A few fall calves were offered today and these offerings sold with little to no discount to long weaned yearlings. These offerings were average to attractive. CME positions were lower today but remain higher than last week giving some support to the market. Corn prices were sharply lower yesterday but traded 0.04'4 to 0.06 higher today on July-Dec contracts. The near-by July contract is down 0.3375 since last Wednesday. Market activity was mostly moderate today with more participants bidding on offerings. Weigh up cows comprised the majority of the the sale this week. Packers opted to send the majority of the offering to feed this week. Cow quality was average to attractive and significantly higher than last week. Despite heavy cow supplies packers continue to fight over market share and pushed cows higher today. Slaughter cows sold steady to 1.00 higher on boning and lean cows, breaking cows sold mostly 2.00-3.00 higher. Feeding cows sold mostly 1.00-2.00 higher. Packers opted to send a portion of the cows they would normally send to slaughter to short term feed. Demand for ground beef continues to be very good and the cutter cow cutout continues to inch higher. The cutter cow cutout as of todays close was 210.51, 0.85 higher than yesterdays value. Slaughter volumes remain elevated as packers are slaughtering large volumes of cows and bulls due to high cull volumes in the Northern Plains. Weigh up conditions were mostly average this week, however weigh conditions were significantly higher than last week. Young age cows sold mostly steady to 5.00 higher this week pushed mostly by rebreed buyers searching for high quality offerings. Feeding quality offerings sold mostly steady.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium and Large 1-2 | 483 | 145.00 | 701 | 9thin |
| Medium and Large 1 | 612 | 143.45 | 878 | 59 |
| Medium 1-2 | 428 | 140.00 | 599 | 6thin |
| Class | Grade | Dressing | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|---|---|
| Bulls | — | Average | 1,770 | 89.91 | 1,591 | 117 |
| Cows | Breaker 75-80% | Average | 1,601 | 68.72 | 1,101 | 43 |
| Cows | Boner 80-85% | High | 1,409 | 64.84 | 914 | 185 |
| Cows | Lean 85-90% | Very Low | 1,215 | 59.86 | 727 | 297 |
| Class | Grade / description | Weight | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Bulls | Medium and Large 1 | — | 986 | 102.86/cwt | 102.00–103.00 | 1,014 | 7 |
| Bulls | Large 1 | — | 1,135 | 95.00/cwt | 95.00–95.00 | 1,078 | 17 |
| Bulls | Large 1 | — | 1,167 | 99.33/cwt | 99.00–101.00 | 1,159 | 6 |
| Bulls | Large 1 | — | 1,295 | 93.00/cwt | 93.00–93.00 | 1,204 | 4 |
| Heifers | Medium and Large 1Unweaned | — | 503 | 146.00/cwt | 146.00–146.00 | 734 | 9 |
| Steers | Medium and Large 1 | — | 567 | 181.66/cwt | 179.00–183.00 | 1,030 | 3 |
| Heifers | Medium and Large 1 | — | 539 | 154.08/cwt | 150.00–156.00 | 830 | 6 |
| Bred Cows | Medium and Large 1 | — | 1,118 | 1,090.87/cwt | 1,075.00–1,100.00 | 12,196 | 3 |
| Stock Cows | Medium and Large 1-2 | — | 858 | 64.59/cwt | 57.50–73.00 | 554 | 2 |
| Stock Cows | Medium and Large 1-2 | — | 801 | 75.63/cwt | 60.00–84.00 | 606 | 48 |
| Stock Cows | Medium and Large 1 | — | 971 | 91.35/cwt | 70.00–110.00 | 887 | 178 |
| Bred Cows | Medium and Large 1 | — | 1,520 | 69.00/cwt | 69.00–69.00 | 1,049 | 1 |
| Bred Cows | Medium and Large 1 | — | 1,482 | 62.24/cwt | 58.00–64.00 | 922 | 10 |
| Steers | Medium and Large 1-2 | — | 819 | 116.68/cwt | 116.00–118.00 | 956 | 3 |
| Steers | Medium and Large 1-2 | — | 743 | 137.00/cwt | 137.00–137.00 | 1,018 | 3 |
| Heifers | Medium and Large 1-2 | — | 450 | 145.00/cwt | 145.00–145.00 | 653 | 3 |
| Heifers | Medium and Large 1 | — | 600 | 147.00/cwt | 147.00–147.00 | 882 | 2 |
| Steers | Medium and Large 1Unweaned | — | 446 | 156.54/cwt | 150.00–162.50 | 698 | 23 |
| Steers | Medium and Large 1Unweaned | — | 566 | 180.00/cwt | 180.00–180.00 | 1,019 | 16 |
| Bulls | Medium and Large 1-2 | — | 837 | 100.00/cwt | 100.00–100.00 | 837 | 3 |
| Heifers | Medium and Large 1 | — | 709 | 133.06/cwt | 129.00–138.00 | 943 | 24 |
| Heifers | Medium and Large 1 | — | 564 | 157.68/cwt | 151.00–160.00 | 889 | 8 |
| Heifers | Medium and Large 1 | — | 663 | 141.00/cwt | 141.00–141.00 | 935 | 6 |
| Heifers | Medium and Large 1Unweaned | — | 416 | 157.50/cwt | 157.50–157.50 | 655 | 4 |
| Steers | Medium and Large 1 | — | 613 | 178.00/cwt | 178.00–178.00 | 1,091 | 6 |
| Bulls | — | — | 1,790 | 87.08/cwt | 81.00–90.50 | 1,559 | 15 |
| Bulls | — | — | 1,651 | 77.32/cwt | 74.25–83.50 | 1,277 | 23 |
| Bulls | — | — | 2,021 | 94.98/cwt | 93.50–98.00 | 1,920 | 12 |
| Bulls | —Return to Feed | — | 1,454 | 77.19/cwt | 74.50–82.00 | 1,122 | 7 |
| Bulls | —Natural | — | 1,849 | 98.05/cwt | 97.50–99.00 | 1,813 | 40 |
| Bulls | —Natural | — | 1,762 | 92.90/cwt | 88.00–95.00 | 1,637 | 15 |
| Cows | Lean 85-90% | — | 1,135 | 48.48/cwt | 42.00–50.50 | 550 | 4 |
| Cows | Boner 80-85% | — | 1,535 | 70.38/cwt | 69.00–71.00 | 1,080 | 3 |
| Cows | Boner 80-85% | — | 1,424 | 63.53/cwt | 62.00–66.00 | 905 | 29 |
| Cows | Lean 85-90%Return to Feed | — | 1,257 | 62.47/cwt | 60.00–66.50 | 785 | 128 |
| Cows | Breaker 75-80% | — | 1,633 | 70.23/cwt | 68.00–72.00 | 1,147 | 15 |
| Cows | Breaker 75-80% | — | 1,620 | 65.05/cwt | 65.00–65.50 | 1,054 | 9 |
| Cows | Boner 80-85%Return to Feed | — | 1,341 | 59.37/cwt | 57.00–62.00 | 796 | 18 |
| Cows | Lean 85-90%Light Weight | — | 943 | 52.67/cwt | 52.00–54.00 | 497 | 6 |
| Cows | Lean 85-90%Light Weight | — | 870 | 60.00/cwt | 60.00–60.00 | 522 | 1 |
| Cows | Breaker 75-80%Return to Feed | — | 1,512 | 69.15/cwt | 68.50–71.00 | 1,046 | 11 |
| Cows | Breaker 75-80% | — | 1,714 | 74.61/cwt | 74.00–75.50 | 1,279 | 4 |
| Cows | Boner 80-85%Return to Feed | — | 1,422 | 70.59/cwt | 69.00–73.50 | 1,004 | 25 |
| Bulls | Large 1 | — | 1,210 | 94.00/cwt | 94.00–94.00 | 1,137 | 2 |
| Bulls | Large 1 | — | 1,095 | 99.00/cwt | 99.00–99.00 | 1,084 | 2 |
| Bulls | Large 1 | — | 1,015 | 105.00/cwt | 105.00–105.00 | 1,066 | 2 |
| Cows | Boner 80-85%Return to Feed | — | 1,411 | 65.02/cwt | 62.00–67.50 | 917 | 105 |
| Cows | Boner 80-85% | — | 1,375 | 56.46/cwt | 53.00–62.50 | 776 | 5 |
| Bulls | —Return to Feed | — | 1,488 | 87.97/cwt | 84.00–89.50 | 1,309 | 5 |
| Stock Cows | Medium and Large 1Thin Fleshed | — | 760 | 80.00/cwt | 80.00–80.00 | 608 | 3 |
| Heifers | Medium 1-2 | — | 428 | 140.00/cwt | 140.00–140.00 | 599 | 6 |
| Dairy Steers | Large 3 | — | 1,050 | 60.00/cwt | 60.00–60.00 | 630 | 2 |
| Cows | Lean 85-90% | — | 1,200 | 57.11/cwt | 52.00–62.00 | 685 | 82 |
| Cows | Lean 85-90% | — | 1,140 | 70.01/cwt | 66.00–72.00 | 798 | 3 |
| Cows | Breaker 75-80%Return to Feed | — | 1,575 | 64.28/cwt | 63.50–65.00 | 1,012 | 4 |
| Heifers | Medium and Large 1-2 | — | 500 | 145.00/cwt | 145.00–145.00 | 725 | 6 |
| Stock Cows | Medium and Large 1Thin Fleshed | — | 1,148 | 59.00/cwt | 59.00–59.00 | 677 | 2 |
| Stock Cows | Medium and Large 1 | — | 1,146 | 72.40/cwt | 58.00–86.00 | 830 | 90 |
| Cows | Lean 85-90% | — | 1,224 | 62.80/cwt | 60.50–66.00 | 769 | 12 |
| Cows | Lean 85-90%Return to Feed | — | 1,180 | 57.97/cwt | 54.00–62.00 | 684 | 58 |
| Cows | Lean 85-90%Return to Feed | — | 1,270 | 67.66/cwt | 67.00–68.00 | 859 | 3 |
| Steers | Medium and Large 1 | — | 753 | 148.00/cwt | 148.00–148.00 | 1,114 | 4 |
| Bulls | Medium and Large 1 | — | 80 | 250.00/cwt | 250.00–250.00 | 200 | 2 |
Compared to last week: Feeder cattle were too lightly tested to develop an accurate market trend, however higher undertones were noticed on steers and heifers. Feeder cattle quality was mostly average today. A few fall calves were offered today and these offerings sold with little to no discount to long weaned yearlings. These offerings were average to attractive. CME positions were lower today but remain higher than last week giving some support to the market. Corn prices were sharply lower yesterday but traded 0.04'4 to 0.06 higher today on July-Dec contracts. The near-by July contract is down 0.3375 since last Wednesday. Market activity was mostly moderate today with more participants bidding on offerings. Weigh up cows comprised the majority of the the sale this week. Packers opted to send the majority of the offering to feed this week. Cow quality was average to attractive and significantly higher than last week. Despite heavy cow supplies packers continue to fight over market share and pushed cows higher today. Slaughter cows sold steady to 1.00 higher on boning and lean cows, breaking cows sold mostly 2.00-3.00 higher. Feeding cows sold mostly 1.00-2.00 higher. Packers opted to send a portion of the cows they would normally send to slaughter to short term feed. Demand for ground beef continues to be very good and the cutter cow cutout continues to inch higher. The cutter cow cutout as of todays close was 210.51, 0.85 higher than yesterdays value. Slaughter volumes remain elevated as packers are slaughtering large volumes of cows and bulls due to high cull volumes in the Northern Plains. Weigh up conditions were mostly average this week, however weigh conditions were significantly higher than last week. Young age cows sold mostly steady to 5.00 higher this week pushed mostly by rebreed buyers searching for high quality offerings. Feeding quality offerings sold mostly steady.
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Bulls — Medium and Large 1$ per cwt · actual wt | ||||
| 7 | — | 986 | 102.00–103.00 | 102.86 |
| 2 | — | 80 | 250.00 | 250.00 |
| Bulls — Large 1$ per cwt · actual wt | ||||
| 17 | — | 1,135 | 95.00 | 95.00 |
| 6 | — | 1,167 | 99.00–101.00 | 99.33 |
| 4 | — | 1,295 | 93.00 | 93.00 |
| 2 | — | 1,210 | 94.00 | 94.00 |
| 2 | — | 1,095 | 99.00 | 99.00 |
| 2 | — | 1,015 | 105.00 | 105.00 |
| Bulls — Medium and Large 1-2$ per cwt · actual wt | ||||
| 3 | — | 837 | 100.00 | 100.00 |
| Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt | ||||
| 9 | — | 503 | 146.00 | 146.00 |
| 4 | — | 416 | 157.50 | 157.50 |
| Heifers — Medium and Large 1$ per cwt · actual wt | ||||
| 6 | — | 539 | 150.00–156.00 | 154.08 |
| 2 | — | 600 | 147.00 | 147.00 |
| 24 | — | 709 | 129.00–138.00 | 133.06 |
| 8 | — | 564 | 151.00–160.00 | 157.68 |
| 6 | — | 663 | 141.00 | 141.00 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 3 | — | 450 | 145.00 | 145.00 |
| 6 | — | 500 | 145.00 | 145.00 |
| Heifers — Medium 1-2$ per cwt · actual wt | ||||
| 6 | — | 428 | 140.00 | 140.00 |
| Steers — Medium and Large 1$ per cwt · actual wt | ||||
| 3 | — | 567 | 179.00–183.00 | 181.66 |
| 6 | — | 613 | 178.00 | 178.00 |
| 4 | — | 753 | 148.00 | 148.00 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 3 | — | 819 | 116.00–118.00 | 116.68 |
| 3 | — | 743 | 137.00 | 137.00 |
| Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt | ||||
| 23 | — | 446 | 150.00–162.50 | 156.54 |
| 16 | — | 566 | 180.00 | 180.00 |
| Dairy Steers — Large 3$ per cwt · actual wt | ||||
| 2 | — | 1,050 | 60.00 | 60.00 |
| Age | Stage | Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|---|---|
| Bred Cows — Medium and Large 1$ per cwt · actual wt | ||||||
| Young (2-4 yrs) | 3rd Stage (7-9 mo) | 3 | — | 1,118 | 1,075.00–1,100.00 | 1,090.87 |
| Middle Aged (5-8 yrs) | 3rd Stage (7-9 mo) | 1 | — | 1,520 | 69.00 | 69.00 |
| Aged (>8 yrs) | 3rd Stage (7-9 mo) | 10 | — | 1,482 | 58.00–64.00 | 62.24 |
| Stock Cows — Medium and Large 1-2$ per cwt · actual wt | ||||||
| Young (2-4 yrs) | Open | 2 | — | 858 | 57.50–73.00 | 64.59 |
| (<2 yrs) | Open | 48 | — | 801 | 60.00–84.00 | 75.63 |
| Stock Cows — Medium and Large 1$ per cwt · actual wt | ||||||
| (<2 yrs) | Open | 178 | — | 971 | 70.00–110.00 | 91.35 |
| Young (2-4 yrs) | Open | 90 | — | 1,146 | 58.00–86.00 | 72.40 |
| Stock Cows — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt | ||||||
| (<2 yrs) | Open | 3 | — | 760 | 80.00 | 80.00 |
| Young (2-4 yrs) | Open | 2 | — | 1,148 | 59.00 | 59.00 |
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Bulls$ per cwt · actual wt | ||||
| 15 | — | 1,790 | 81.00–90.50 | 87.08 |
| 23 | — | 1,651 | 74.25–83.50 | 77.32 |
| 12 | — | 2,021 | 93.50–98.00 | 94.98 |
| Bulls — Return to Feed$ per cwt · actual wt | ||||
| 7 | — | 1,454 | 74.50–82.00 | 77.19 |
| 5 | — | 1,488 | 84.00–89.50 | 87.97 |
| Bulls — Natural$ per cwt · actual wt | ||||
| 40 | — | 1,849 | 97.50–99.00 | 98.05 |
| 15 | — | 1,762 | 88.00–95.00 | 92.90 |
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| 4 | — | 1,135 | 42.00–50.50 | 48.48 |
| 82 | — | 1,200 | 52.00–62.00 | 57.11 |
| 3 | — | 1,140 | 66.00–72.00 | 70.01 |
| 12 | — | 1,224 | 60.50–66.00 | 62.80 |
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| 3 | — | 1,535 | 69.00–71.00 | 70.38 |
| 29 | — | 1,424 | 62.00–66.00 | 63.53 |
| 5 | — | 1,375 | 53.00–62.50 | 56.46 |
| Cows — Lean 85-90% · Return to Feed$ per cwt · actual wt | ||||
| 128 | — | 1,257 | 60.00–66.50 | 62.47 |
| 58 | — | 1,180 | 54.00–62.00 | 57.97 |
| 3 | — | 1,270 | 67.00–68.00 | 67.66 |
| Cows — Breaker 75-80%$ per cwt · actual wt | ||||
| 15 | — | 1,633 | 68.00–72.00 | 70.23 |
| 9 | — | 1,620 | 65.00–65.50 | 65.05 |
| 4 | — | 1,714 | 74.00–75.50 | 74.61 |
| Cows — Boner 80-85% · Return to Feed$ per cwt · actual wt | ||||
| 18 | — | 1,341 | 57.00–62.00 | 59.37 |
| 25 | — | 1,422 | 69.00–73.50 | 70.59 |
| 105 | — | 1,411 | 62.00–67.50 | 65.02 |
| Cows — Lean 85-90% · Light Weight$ per cwt · actual wt | ||||
| 6 | — | 943 | 52.00–54.00 | 52.67 |
| 1 | — | 870 | 60.00 | 60.00 |
| Cows — Breaker 75-80% · Return to Feed$ per cwt · actual wt | ||||
| 11 | — | 1,512 | 68.50–71.00 | 69.15 |
| 4 | — | 1,575 | 63.50–65.00 | 64.28 |