Compared to two weeks ago, feeder steers and heifers sold sharply lower on the day. Some comparable weights 20.00 lower. Demand was mostly moderate. A lot of negative news in the cattle sector the last two weeks adding downward pressure to Wednesday market. The auctioneer chant a tick slower as they had to break the bids down to 1.00 and a lot of bids came in at .50 instead of the 2.50 to 5.00 bids a few weeks ago. Also, the feedlots traded live slaughter steers and heifers 7.00 to 8.00 lower at 218.00 and dressed sales sold 10.00 to 11.00 lower at mostly 345.00. With the feedlots trading in the red, most prospective buyers backed up their live auction bids. The video sale on Wednesday was good for today's market and is at the following link https://www.ams.usda.gov/mnreports/ams_2938.pdf
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium and Large 1-2 | 546 | 424.75 | 2,319 | 10thin |
| Class | Grade / description | Weight | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Steers | Medium and Large 1-2 | 450–500 | 475 | 440.00/cwt | 440.00–440.00 | 2,090 | 7 |
| Heifers | Medium and Large 1 | 650–700 | 688 | 342.53/cwt | 336.00–346.00 | 2,357 | 26 |
| Heifers | Medium and Large 1-2 | 800–850 | 811 | 295.00/cwt | 295.00–295.00 | 2,392 | 6 |
| Heifers | Medium and Large 1-2 | 600–650 | 648 | 321.00/cwt | 321.00–321.00 | 2,080 | 6 |
| Steers | Medium and Large 1-2 | 550–600 | 559 | 422.50/cwt | 422.50–422.50 | 2,362 | 5 |
| Heifers | Medium and Large 1 | 600–650 | 636 | 331.54/cwt | 331.00–332.00 | 2,109 | 13 |
| Steers | Medium and Large 1 | 850–900 | 856 | 340.58/cwt | 340.00–341.00 | 2,915 | 31 |
| Heifers | Medium and Large 1-2 | 450–500 | 491 | 366.00/cwt | 366.00–366.00 | 1,797 | 12 |
| Heifers | Medium and Large 1-2 | 350–400 | 389 | 429.00/cwt | 429.00–429.00 | 1,669 | 6 |
| Heifers | Medium and Large 1 | 550–600 | 579 | 343.39/cwt | 332.00–358.00 | 1,988 | 16 |
| Steers | Medium and Large 1-2 | 750–800 | 773 | 340.00/cwt | 340.00–340.00 | 2,628 | 8 |
| Steers | Medium and Large 1-2 | 650–700 | 696 | 345.00/cwt | 345.00–345.00 | 2,401 | 5 |
| Steers | Medium and Large 1 | 800–850 | 837 | 346.50/cwt | 346.50–346.50 | 2,900 | 27 |
| Steers | Medium and Large 1-2 | 500–550 | 533 | 427.00/cwt | 427.00–427.00 | 2,276 | 5 |
| Heifers | Medium and Large 1-2 | 400–450 | 447 | 435.00/cwt | 435.00–435.00 | 1,944 | 7 |
| Heifers | Medium and Large 1 | 850–900 | 865 | 302.10/cwt | 282.00–320.00 | 2,613 | 151 |
| Steers | Medium and Large 1 | 750–800 | 780 | 350.22/cwt | 348.00–355.00 | 2,732 | 29 |
| Steers | Medium and Large 1 | 700–750 | 730 | 353.72/cwt | 351.00–362.00 | 2,582 | 35 |
| Heifers | Medium and Large 1 | 900–950 | 921 | 283.48/cwt | 281.25–291.00 | 2,611 | 24 |
| Heifers | Medium and Large 1Spayed | 750–800 | 778 | 333.25/cwt | 333.25–333.25 | 2,593 | 110 |
| Heifers | Medium and Large 1Spayed | 850–900 | 889 | 322.25/cwt | 322.25–322.25 | 2,865 | 111 |
| Steers | Medium and Large 1 | 900–950 | 924 | 310.50/cwt | 310.50–310.50 | 2,869 | 79 |
| Steers | Medium and Large 1 | 950–1000 | 974 | 314.64/cwt | 300.00–317.00 | 3,065 | 217 |
| Heifers | Medium and Large 1 | 1050–1100 | 1,079 | 269.00/cwt | 269.00–269.00 | 2,903 | 8 |
| Steers | Medium and Large 1 | 1000–1050 | 1,020 | 288.85/cwt | 288.85–288.85 | 2,946 | 31 |
| Heifers | Medium and Large 1 | 750–800 | 779 | 329.57/cwt | 321.00–333.50 | 2,567 | 88 |
| Heifers | Medium and Large 1 | 950–1000 | 980 | 265.19/cwt | 263.50–278.00 | 2,599 | 40 |
| Heifers | Medium and Large 1 | 700–750 | 709 | 343.25/cwt | 341.50–344.50 | 2,434 | 48 |
| Steers | Medium and Large 1 | 650–700 | 656 | 375.25/cwt | 371.00–382.00 | 2,462 | 26 |
| Heifers | Medium and Large 1 | 500–550 | 530 | 355.00/cwt | 355.00–355.00 | 1,882 | 5 |
| Heifers | Medium and Large 1Fleshy | 800–850 | 845 | 286.50/cwt | 286.50–286.50 | 2,421 | 13 |
| Steers | Medium and Large 1Fleshy | 900–950 | 948 | 303.00/cwt | 303.00–303.00 | 2,872 | 9 |
| Heifers | Medium and Large 1Fleshy | 700–750 | 721 | 331.00/cwt | 331.00–331.00 | 2,387 | 12 |
| Heifers | Medium and Large 1Fleshy | 900–950 | 907 | 274.50/cwt | 274.50–274.50 | 2,490 | 5 |
| Steers | Large 1 | 1000–1050 | 1,016 | 305.13/cwt | 297.00–306.00 | 3,100 | 201 |
Compared to two weeks ago, feeder steers and heifers sold sharply lower on the day. Some comparable weights 20.00 lower. Demand was mostly moderate. A lot of negative news in the cattle sector the last two weeks adding downward pressure to Wednesday market. The auctioneer chant a tick slower as they had to break the bids down to 1.00 and a lot of bids came in at .50 instead of the 2.50 to 5.00 bids a few weeks ago. Also, the feedlots traded live slaughter steers and heifers 7.00 to 8.00 lower at 218.00 and dressed sales sold 10.00 to 11.00 lower at mostly 345.00. With the feedlots trading in the red, most prospective buyers backed up their live auction bids. The video sale on Wednesday was good for today's market and is at the following link https://www.ams.usda.gov/mnreports/ams_2938.pdf
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 7 | 450–500 | 475 | 440.00 | 440.00 |
| 5 | 500–550 | 533 | 427.00 | 427.00 |
| 5 | 550–600 | 559 | 422.50 | 422.50 |
| 5 | 650–700 | 696 | 345.00 | 345.00 |
| 8 | 750–800 | 773 | 340.00 | 340.00 |
| Steers — Medium and Large 1$ per cwt · actual wt | ||||
| 26 | 650–700 | 656 | 371.00–382.00 | 375.25 |
| 35 | 700–750 | 730 | 351.00–362.00 | 353.72 |
| 29 | 750–800 | 780 | 348.00–355.00 | 350.22 |
| 27 | 800–850 | 837 | 346.50 | 346.50 |
| 31 | 850–900 | 856 | 340.00–341.00 | 340.58 |
| 79 | 900–950 | 924 | 310.50 | 310.50 |
| 217 | 950–1000 | 974 | 300.00–317.00 | 314.64 |
| 31 | 1000–1050 | 1,020 | 288.85 | 288.85 |
| Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt | ||||
| 9 | 900–950 | 948 | 303.00 | 303.00 |
| Steers — Large 1$ per cwt · actual wt | ||||
| 201 | 1000–1050 | 1,016 | 297.00–306.00 | 305.13 |
| Heifers — Medium and Large 1$ per cwt · actual wt | ||||
| 5 | 500–550 | 530 | 355.00 | 355.00 |
| 16 | 550–600 | 579 | 332.00–358.00 | 343.39 |
| 13 | 600–650 | 636 | 331.00–332.00 | 331.54 |
| 26 | 650–700 | 688 | 336.00–346.00 | 342.53 |
| 48 | 700–750 | 709 | 341.50–344.50 | 343.25 |
| 88 | 750–800 | 779 | 321.00–333.50 | 329.57 |
| 151 | 850–900 | 865 | 282.00–320.00 | 302.10 |
| 24 | 900–950 | 921 | 281.25–291.00 | 283.48 |
| 40 | 950–1000 | 980 | 263.50–278.00 | 265.19 |
| 8 | 1050–1100 | 1,079 | 269.00 | 269.00 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 6 | 350–400 | 389 | 429.00 | 429.00 |
| 7 | 400–450 | 447 | 435.00 | 435.00 |
| 12 | 450–500 | 491 | 366.00 | 366.00 |
| 6 | 600–650 | 648 | 321.00 | 321.00 |
| 6 | 800–850 | 811 | 295.00 | 295.00 |
| Heifers — Medium and Large 1 · Spayed$ per cwt · actual wt | ||||
| 110 | 750–800 | 778 | 333.25 | 333.25 |
| 111 | 850–900 | 889 | 322.25 | 322.25 |
| Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt | ||||
| 12 | 700–750 | 721 | 331.00 | 331.00 |
| 13 | 800–850 | 845 | 286.50 | 286.50 |
| 5 | 900–950 | 907 | 274.50 | 274.50 |