Compared to last week: In a narrow comparison, feeder steers under 700 lbs 7.00 to 10.00 lower except a couple instances of steady on 450-500 lbs and 550-600 lbs. Steers over 700 lbs too lightly tested last week to allow a good comparison. Feeder heifers steady to 5.00 lower, except 550-600 lbs 8.00 to 10.00 lower. Very good demand remains for light weight cattle to run on grass this summer as yearlings as supply is limited. Only moderate demand for cattle bound for feedyards. This week's offering ranged from small packages to several long strings of backgrounded steers offered in full load lots. Overall, cattle were carrying more flesh than has been seen in recent weeks. But there were light fleshed cattle, including a string of steers that weighed 840 lbs offered in 5 full loads, and these cattle were met with a more active market than those cattle that were carrying more flesh condition. Cattle feeders are very uncertain of the path that lies ahead, as the trajectory of the corn market has been straight up the past two weeks and the Live Cattle futures haven't been able to find firm ground. Next feeder cattle sale will be in two weeks, March 24, 2022.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium and Large 1-2 | 726 | 161.00 | 1,168 | 23 |
| Medium and Large 1 | 759 | 160.71 | 1,220 | 1,232 |
| Class | Grade / description | Weight | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Heifers | Medium and Large 1Fleshy | — | 728 | 135.50/cwt | 135.50–135.50 | 986 | 8 |
| Heifers | Medium and Large 1Fleshy | — | 690 | 137.97/cwt | 135.00–141.00 | 952 | 18 |
| Heifers | Medium and Large 1 | — | 570 | 156.50/cwt | 156.50–156.50 | 892 | 24 |
| Heifers | Medium and Large 1 | — | 661 | 148.60/cwt | 145.00–154.25 | 982 | 28 |
| Heifers | Medium and Large 1 | — | 779 | 137.98/cwt | 133.00–139.50 | 1,075 | 51 |
| Heifers | Medium and Large 1 | — | 463 | 182.00/cwt | 182.00–182.00 | 843 | 17 |
| Steers | Medium and Large 1 | — | 682 | 169.95/cwt | 162.00–177.50 | 1,159 | 214 |
| Steers | Medium and Large 1 | — | 579 | 190.11/cwt | 175.00–201.00 | 1,101 | 42 |
| Steers | Medium and Large 1 | — | 839 | 150.85/cwt | 148.25–153.10 | 1,266 | 554 |
| Steers | Medium and Large 1Full | — | 832 | 146.00/cwt | 146.00–146.00 | 1,215 | 10 |
| Steers | Medium and Large 1Full | — | 939 | 137.25/cwt | 137.25–137.25 | 1,289 | 21 |
| Steers | Medium and Large 1 | — | 495 | 223.75/cwt | 223.75–223.75 | 1,108 | 25 |
| Steers | Medium and Large 1Thin Fleshed | — | 601 | 190.00/cwt | 190.00–190.00 | 1,142 | 11 |
| Steers | Medium and Large 1 | — | 733 | 158.97/cwt | 156.00–161.50 | 1,165 | 155 |
| Steers | Medium and Large 1-2 | — | 443 | 207.00/cwt | 207.00–207.00 | 917 | 3 |
| Heifers | Medium and Large 1-2 | — | 568 | 144.67/cwt | 144.00–149.00 | 822 | 22 |
| Heifers | Medium and Large 1Replacement | — | 707 | 157.50/cwt | 157.50–157.50 | 1,114 | 20 |
| Heifers | Medium and Large 1Thin Fleshed | — | 401 | 195.00/cwt | 195.00–195.00 | 782 | 7 |
| Steers | Medium and Large 1-2 | — | 639 | 173.00/cwt | 173.00–173.00 | 1,105 | 5 |
| Steers | Medium and Large 1-2 | — | 922 | 133.75/cwt | 133.75–133.75 | 1,233 | 12 |
| Steers | Medium and Large 1-2 | — | 367 | 204.00/cwt | 204.00–204.00 | 749 | 3 |
| Heifers | Medium and Large 1 | — | 512 | 167.86/cwt | 165.00–169.00 | 859 | 20 |
| Heifers | Medium and Large 1 | — | 814 | 135.50/cwt | 135.50–135.50 | 1,103 | 20 |
| Heifers | Medium and Large 1-2 | — | 323 | 180.00/cwt | 180.00–180.00 | 581 | 3 |
| Steers | Medium and Large 1 | — | 772 | 156.93/cwt | 148.00–159.50 | 1,211 | 109 |
| Steers | Medium and Large 1 | — | 630 | 173.19/cwt | 168.00–185.50 | 1,091 | 38 |
| Steers | Medium and Large 1 | — | 525 | 198.05/cwt | 190.00–212.00 | 1,040 | 33 |
| Heifers | Medium and Large 1-2 | — | 367 | 172.00/cwt | 172.00–172.00 | 631 | 3 |
| Heifers | Medium and Large 1 | — | 634 | 155.70/cwt | 153.00–162.00 | 987 | 85 |
| Heifers | Medium and Large 1 | — | 714 | 149.21/cwt | 145.00–153.00 | 1,065 | 129 |
| Heifers | Medium and Large 1-2 | — | 634 | 140.00/cwt | 140.00–140.00 | 888 | 8 |
| Steers | Medium and Large 1Fleshy | — | 592 | 172.50/cwt | 172.50–172.50 | 1,021 | 12 |
| Steers | Medium and Large 1Full | — | 852 | 139.50/cwt | 139.50–139.50 | 1,189 | 8 |
Compared to last week: In a narrow comparison, feeder steers under 700 lbs 7.00 to 10.00 lower except a couple instances of steady on 450-500 lbs and 550-600 lbs. Steers over 700 lbs too lightly tested last week to allow a good comparison. Feeder heifers steady to 5.00 lower, except 550-600 lbs 8.00 to 10.00 lower. Very good demand remains for light weight cattle to run on grass this summer as yearlings as supply is limited. Only moderate demand for cattle bound for feedyards. This week's offering ranged from small packages to several long strings of backgrounded steers offered in full load lots. Overall, cattle were carrying more flesh than has been seen in recent weeks. But there were light fleshed cattle, including a string of steers that weighed 840 lbs offered in 5 full loads, and these cattle were met with a more active market than those cattle that were carrying more flesh condition. Cattle feeders are very uncertain of the path that lies ahead, as the trajectory of the corn market has been straight up the past two weeks and the Live Cattle futures haven't been able to find firm ground. Next feeder cattle sale will be in two weeks, March 24, 2022.
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt | ||||
| 8 | — | 728 | 135.50 | 135.50 |
| 18 | — | 690 | 135.00–141.00 | 137.97 |
| Heifers — Medium and Large 1$ per cwt · actual wt | ||||
| 24 | — | 570 | 156.50 | 156.50 |
| 28 | — | 661 | 145.00–154.25 | 148.60 |
| 51 | — | 779 | 133.00–139.50 | 137.98 |
| 17 | — | 463 | 182.00 | 182.00 |
| 20 | — | 512 | 165.00–169.00 | 167.86 |
| 20 | — | 814 | 135.50 | 135.50 |
| 85 | — | 634 | 153.00–162.00 | 155.70 |
| 129 | — | 714 | 145.00–153.00 | 149.21 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 22 | — | 568 | 144.00–149.00 | 144.67 |
| 3 | — | 323 | 180.00 | 180.00 |
| 3 | — | 367 | 172.00 | 172.00 |
| 8 | — | 634 | 140.00 | 140.00 |
| Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt | ||||
| 20 | — | 707 | 157.50 | 157.50 |
| Heifers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt | ||||
| 7 | — | 401 | 195.00 | 195.00 |
| Steers — Medium and Large 1$ per cwt · actual wt | ||||
| 214 | — | 682 | 162.00–177.50 | 169.95 |
| 42 | — | 579 | 175.00–201.00 | 190.11 |
| 554 | — | 839 | 148.25–153.10 | 150.85 |
| 25 | — | 495 | 223.75 | 223.75 |
| 155 | — | 733 | 156.00–161.50 | 158.97 |
| 109 | — | 772 | 148.00–159.50 | 156.93 |
| 38 | — | 630 | 168.00–185.50 | 173.19 |
| 33 | — | 525 | 190.00–212.00 | 198.05 |
| Steers — Medium and Large 1 · Full$ per cwt · actual wt | ||||
| 10 | — | 832 | 146.00 | 146.00 |
| 21 | — | 939 | 137.25 | 137.25 |
| 8 | — | 852 | 139.50 | 139.50 |
| Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt | ||||
| 11 | — | 601 | 190.00 | 190.00 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 3 | — | 443 | 207.00 | 207.00 |
| 5 | — | 639 | 173.00 | 173.00 |
| 12 | — | 922 | 133.75 | 133.75 |
| 3 | — | 367 | 204.00 | 204.00 |
| Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt | ||||
| 12 | — | 592 | 172.50 | 172.50 |