Compared to last week: Feeder steers under 700 lbs 10.00 to 15.00 higher, instances to 20.00 higher on 500-550 lbs, over 700 lbs 5.00 to 7.00 higher, except 700-750 lbs steady to 2.00 higher. Feeder heifers under 750 lbs 5.00 to 10.00 higher, instances to 12.00 higher on 600-650 lbs, over 750 lbs steady in a very narrow comparison. Very good demand for this large offering of high quality, very attractive, light to moderate fleshed steers and heifers. A few consignments in a moderate plus amount of flesh, but buyers were just as wiling to chase these types higher as well. Many long strings, including full load lots and multiple load lots. The market was extremely fast paced as buyers were anxiously bidding, determined to own cattle. Live Cattle futures lost nearly 3.00 and Feeder Cattle futures lost 2.00-4.00 but this had no effect on the market at the auction. Grass cattle buyers realize there won't be many more opportunities to buy these light cattle and they were willing to chase the market sharply higher in order to get their cattle secured. Cash fed cattle in Iowa up to 190.00, which is 3.00 premium to the front futures contract, helped to add support to the feeder market.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium and Large 1 | 556 | 300.71 | 1,672 | 525 |
| Medium and Large 1-2 | 558 | 282.00 | 1,574 | 6thin |
| Class | Grade / description | Weight | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Heifers | Medium and Large 1Fancy | 700–750 | 720 | 260.00/cwt | 260.00–260.00 | 1,872 | 219 |
| Steers | Medium and Large 1Fleshy | 600–650 | 649 | 290.00/cwt | 290.00–290.00 | 1,882 | 16 |
| Steers | Medium and Large 1Fleshy | 500–550 | 548 | 326.00/cwt | 326.00–326.00 | 1,786 | 12 |
| Steers | Medium and Large 1Fleshy | 800–850 | 844 | 232.00/cwt | 232.00–232.00 | 1,958 | 32 |
| Heifers | Medium and Large 1 | 800–850 | 848 | 227.00/cwt | 227.00–227.00 | 1,925 | 5 |
| Heifers | Medium and Large 1 | 350–400 | 398 | 337.92/cwt | 335.00–345.00 | 1,345 | 17 |
| Steers | Medium and Large 1-2 | 500–550 | 527 | 341.72/cwt | 318.00–349.50 | 1,801 | 26 |
| Steers | Medium and Large 1-2 | 650–700 | 699 | 277.00/cwt | 277.00–277.00 | 1,936 | 7 |
| Steers | Medium and Large 1-2 | 400–450 | 429 | 359.36/cwt | 355.00–365.00 | 1,542 | 9 |
| Steers | Medium and Large 1-2 | 350–400 | 397 | 379.00/cwt | 379.00–379.00 | 1,505 | 13 |
| Heifers | Medium and Large 1 | 400–450 | 445 | 344.37/cwt | 344.00–345.00 | 1,532 | 22 |
| Heifers | Medium and Large 1-2 | 650–700 | 690 | 259.25/cwt | 259.25–259.25 | 1,789 | 11 |
| Heifers | Medium and Large 1-2 | 550–600 | 558 | 282.00/cwt | 282.00–282.00 | 1,574 | 6 |
| Steers | Medium and Large 1-2 | 750–800 | 774 | 257.25/cwt | 257.25–257.25 | 1,991 | 15 |
| Steers | Medium and Large 1-2 | 550–600 | 591 | 312.68/cwt | 300.00–316.00 | 1,848 | 24 |
| Heifers | Medium and Large 1 | 750–800 | 764 | 227.00/cwt | 227.00–227.00 | 1,734 | 19 |
| Heifers | Medium and Large 1-2 | 600–650 | 636 | 266.00/cwt | 266.00–266.00 | 1,692 | 8 |
| Heifers | Medium and Large 1 | 700–750 | 724 | 253.43/cwt | 242.00–258.00 | 1,835 | 279 |
| Heifers | Medium and Large 1 | 600–650 | 622 | 284.25/cwt | 265.00–294.50 | 1,768 | 309 |
| Steers | Medium and Large 1 | 900–950 | 939 | 241.25/cwt | 241.25–241.25 | 2,265 | 60 |
| Steers | Medium and Large 1 | 600–650 | 619 | 314.43/cwt | 297.00–320.00 | 1,946 | 277 |
| Steers | Medium and Large 1 | 450–500 | 469 | 371.85/cwt | 365.00–385.00 | 1,744 | 44 |
| Steers | Medium and Large 1Thin Fleshed | 600–650 | 626 | 325.50/cwt | 325.50–325.50 | 2,038 | 40 |
| Steers | Medium and Large 1 | 650–700 | 666 | 303.16/cwt | 287.00–305.50 | 2,019 | 317 |
| Steers | Medium and Large 1Thin Fleshed | 700–750 | 715 | 282.00/cwt | 282.00–282.00 | 2,016 | 3 |
| Steers | Medium and Large 1 | 750–800 | 786 | 262.35/cwt | 256.75–268.75 | 2,062 | 249 |
| Steers | Medium and Large 1 | 550–600 | 573 | 328.65/cwt | 315.00–345.50 | 1,883 | 115 |
| Heifers | Medium and Large 1Thin Fleshed | 500–550 | 504 | 316.00/cwt | 316.00–316.00 | 1,593 | 9 |
| Heifers | Medium and Large 1 | 500–550 | 527 | 302.88/cwt | 288.00–311.50 | 1,596 | 167 |
| Heifers | Medium and Large 1Replacement | 700–750 | 708 | 262.00/cwt | 262.00–262.00 | 1,855 | 40 |
| Steers | Medium and Large 1 | 400–450 | 434 | 383.00/cwt | 383.00–383.00 | 1,662 | 61 |
| Steers | Medium and Large 1 | 700–750 | 737 | 276.39/cwt | 261.00–280.00 | 2,037 | 106 |
| Heifers | Medium and Large 1 | 450–500 | 476 | 320.49/cwt | 298.00–334.00 | 1,526 | 122 |
| Steers | Medium and Large 1Thin Fleshed | 350–400 | 364 | 404.00/cwt | 404.00–404.00 | 1,471 | 7 |
| Heifers | Medium and Large 1 | 550–600 | 571 | 299.28/cwt | 279.00–308.50 | 1,709 | 349 |
| Steers | Medium and Large 1 | 500–550 | 528 | 355.42/cwt | 345.00–372.50 | 1,877 | 276 |
| Heifers | Medium and Large 1 | 650–700 | 679 | 265.03/cwt | 254.00–273.00 | 1,800 | 286 |
| Steers | Medium and Large 1 | 800–850 | 816 | 260.29/cwt | 254.75–265.75 | 2,124 | 184 |
| Heifers | Medium and Large 1-2 | 350–400 | 389 | 335.00/cwt | 335.00–335.00 | 1,303 | 6 |
| Heifers | Medium and Large 1Replacement | 800–850 | 822 | 231.00/cwt | 231.00–231.00 | 1,899 | 66 |
| Heifers | Medium and Large 1 | 850–900 | 878 | 223.75/cwt | 223.75–223.75 | 1,965 | 21 |
Compared to last week: Feeder steers under 700 lbs 10.00 to 15.00 higher, instances to 20.00 higher on 500-550 lbs, over 700 lbs 5.00 to 7.00 higher, except 700-750 lbs steady to 2.00 higher. Feeder heifers under 750 lbs 5.00 to 10.00 higher, instances to 12.00 higher on 600-650 lbs, over 750 lbs steady in a very narrow comparison. Very good demand for this large offering of high quality, very attractive, light to moderate fleshed steers and heifers. A few consignments in a moderate plus amount of flesh, but buyers were just as wiling to chase these types higher as well. Many long strings, including full load lots and multiple load lots. The market was extremely fast paced as buyers were anxiously bidding, determined to own cattle. Live Cattle futures lost nearly 3.00 and Feeder Cattle futures lost 2.00-4.00 but this had no effect on the market at the auction. Grass cattle buyers realize there won't be many more opportunities to buy these light cattle and they were willing to chase the market sharply higher in order to get their cattle secured. Cash fed cattle in Iowa up to 190.00, which is 3.00 premium to the front futures contract, helped to add support to the feeder market.
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt | ||||
| 219 | 700–750 | 720 | 260.00 | 260.00 |
| Heifers — Medium and Large 1$ per cwt · actual wt | ||||
| 17 | 350–400 | 398 | 335.00–345.00 | 337.92 |
| 22 | 400–450 | 445 | 344.00–345.00 | 344.37 |
| 122 | 450–500 | 476 | 298.00–334.00 | 320.49 |
| 167 | 500–550 | 527 | 288.00–311.50 | 302.88 |
| 349 | 550–600 | 571 | 279.00–308.50 | 299.28 |
| 309 | 600–650 | 622 | 265.00–294.50 | 284.25 |
| 286 | 650–700 | 679 | 254.00–273.00 | 265.03 |
| 279 | 700–750 | 724 | 242.00–258.00 | 253.43 |
| 19 | 750–800 | 764 | 227.00 | 227.00 |
| 5 | 800–850 | 848 | 227.00 | 227.00 |
| 21 | 850–900 | 878 | 223.75 | 223.75 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 6 | 350–400 | 389 | 335.00 | 335.00 |
| 6 | 550–600 | 558 | 282.00 | 282.00 |
| 8 | 600–650 | 636 | 266.00 | 266.00 |
| 11 | 650–700 | 690 | 259.25 | 259.25 |
| Heifers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt | ||||
| 9 | 500–550 | 504 | 316.00 | 316.00 |
| Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt | ||||
| 40 | 700–750 | 708 | 262.00 | 262.00 |
| 66 | 800–850 | 822 | 231.00 | 231.00 |
| Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt | ||||
| 12 | 500–550 | 548 | 326.00 | 326.00 |
| 16 | 600–650 | 649 | 290.00 | 290.00 |
| 32 | 800–850 | 844 | 232.00 | 232.00 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 13 | 350–400 | 397 | 379.00 | 379.00 |
| 9 | 400–450 | 429 | 355.00–365.00 | 359.36 |
| 26 | 500–550 | 527 | 318.00–349.50 | 341.72 |
| 24 | 550–600 | 591 | 300.00–316.00 | 312.68 |
| 7 | 650–700 | 699 | 277.00 | 277.00 |
| 15 | 750–800 | 774 | 257.25 | 257.25 |
| Steers — Medium and Large 1$ per cwt · actual wt | ||||
| 61 | 400–450 | 434 | 383.00 | 383.00 |
| 44 | 450–500 | 469 | 365.00–385.00 | 371.85 |
| 276 | 500–550 | 528 | 345.00–372.50 | 355.42 |
| 115 | 550–600 | 573 | 315.00–345.50 | 328.65 |
| 277 | 600–650 | 619 | 297.00–320.00 | 314.43 |
| 317 | 650–700 | 666 | 287.00–305.50 | 303.16 |
| 106 | 700–750 | 737 | 261.00–280.00 | 276.39 |
| 249 | 750–800 | 786 | 256.75–268.75 | 262.35 |
| 184 | 800–850 | 816 | 254.75–265.75 | 260.29 |
| 60 | 900–950 | 939 | 241.25 | 241.25 |
| Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt | ||||
| 7 | 350–400 | 364 | 404.00 | 404.00 |
| 40 | 600–650 | 626 | 325.50 | 325.50 |
| 3 | 700–750 | 715 | 282.00 | 282.00 |