Compared to last Thursday at the same not market, not enough feeder cattle this week for accurate trends. Buyer attendance was light. Live cattle gave back some ground on Thursday. Futures were down triple digits at the close with losses of as much as $1.60. Slaughter cows and bulls 6.00-8.00 lower as to many are coming to market exceeding demand. Trade active especially for guaranteed grass fed cows. Demand light to moderate. USDA’s Export Sales report showed beef bookings were 15,555 MT during the week that ended 8/26. That was up 49% from last week and 32% from the same week last year. The data showed 18,122 MT of beef was shipped, bringing the YTD total to 616,213 MT. Converted Census data showed July beef exports totaled 297.3m lbs. That was a record for July shipments, marking the 5th monthly record for the 2021 season. Brazil reported 181,605 MT of beef exports for the month of August. That was up from 163,220 MT in August of 2020.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium and Large 1-2 | 558 | 150.77 | 841 | 26 |
| Large 1 | 744 | 122.50 | 911 | 7thin |
| Medium and Large 2-3 | 443 | 120.90 | 535 | 32 |
| Large 2-3 | 800 | 112.50 | 900 | 5thin |
| Medium and Large 3-4 | 381 | 106.56 | 406 | 16thin |
| Class | Grade | Dressing | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|---|---|
| Bulls | — | Average | 2,027 | 83.20 | 1,687 | 13 |
| Cows | Boner 80-85% | High | 1,580 | 61.34 | 969 | 334 |
| Cows | Lean 85-90% | Average | 1,392 | 58.47 | 814 | 215 |
| Class | Grade / description | Weight | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Heifers | Medium and Large 2-3 | — | 461 | 105.00/cwt | 105.00–105.00 | 484 | 19 |
| Steers | Large 1 | — | 744 | 122.50/cwt | 122.50–122.50 | 911 | 7 |
| Heifers | Medium and Large 1-2 | — | 573 | 139.00/cwt | 139.00–139.00 | 796 | 8 |
| Steers | Medium and Large 3-4 | — | 428 | 105.00/cwt | 105.00–105.00 | 449 | 11 |
| Heifers | Medium and Large 1-2 | — | 381 | 150.00/cwt | 150.00–150.00 | 572 | 6 |
| Heifers | Large 2-3 | — | 726 | 105.00/cwt | 105.00–105.00 | 762 | 5 |
| Dairy Heifers | Large 3 | — | 1,141 | 97.50/cwt | 97.50–97.50 | 1,112 | 31 |
| Dairy Heifers | Large 3 | — | 964 | 94.00/cwt | 94.00–94.00 | 906 | 10 |
| Dairy Heifers | Large 3 | — | 1,233 | 99.00/cwt | 99.00–99.00 | 1,221 | 31 |
| Steers | Medium and Large 1-2 | — | 677 | 144.00/cwt | 144.00–144.00 | 975 | 8 |
| Steers | Medium and Large 1-2 | — | 415 | 162.00/cwt | 162.00–162.00 | 672 | 6 |
| Steers | Medium and Large 2-3 | — | 464 | 121.20/cwt | 117.50–130.00 | 562 | 24 |
| Dairy Heifers | Large 3 | — | 1,060 | 100.00/cwt | 100.00–100.00 | 1,060 | 30 |
| Steers | Medium and Large 2-3 | — | 378 | 120.00/cwt | 120.00–120.00 | 454 | 8 |
| Steers | Medium and Large 3-4 | — | 277 | 110.00/cwt | 110.00–110.00 | 305 | 5 |
| Heifers | Medium and Large 1-2 | — | 544 | 138.00/cwt | 138.00–138.00 | 751 | 8 |
| Heifers | Medium and Large 1-2 | — | 457 | 153.00/cwt | 153.00–153.00 | 699 | 9 |
| Steers | Medium and Large 1-2 | — | 492 | 159.00/cwt | 159.00–159.00 | 782 | 5 |
| Dairy Heifers | Large 3 | — | 935 | 98.00/cwt | 98.00–98.00 | 916 | 12 |
| Steers | Large 2-3 | — | 800 | 112.50/cwt | 112.50–112.50 | 900 | 5 |
| Steers | Medium and Large 1-2 | — | 591 | 143.00/cwt | 143.00–143.00 | 845 | 7 |
| Bulls | — | — | 2,033 | 82.84/cwt | 80.00–84.50 | 1,684 | 12 |
| Bulls | — | — | 1,960 | 87.50/cwt | 87.50–87.50 | 1,715 | 1 |
| Cows | Boner 80-85%Return to Feed | — | 955 | 83.50/cwt | 83.50–83.50 | 797 | 5 |
| Cows | Boner 80-85%Certified Prgms | — | 1,241 | 66.23/cwt | 65.75–67.00 | 822 | 15 |
| Cows | Lean 85-90%Certified Prgms | — | 1,181 | 64.45/cwt | 64.00–64.75 | 761 | 15 |
| Cows | Boner 80-85%Return to Feed | — | 1,019 | 68.00/cwt | 68.00–68.00 | 693 | 14 |
| Cows | Boner 80-85% | — | 1,658 | 62.37/cwt | 60.00–64.00 | 1,034 | 155 |
| Cows | Boner 80-85% | — | 1,607 | 58.32/cwt | 56.00–60.00 | 937 | 145 |
| Cows | Lean 85-90% | — | 1,359 | 55.51/cwt | 52.00–58.00 | 754 | 85 |
| Cows | Lean 85-90% | — | 1,443 | 59.88/cwt | 58.00–62.00 | 864 | 115 |
Compared to last Thursday at the same not market, not enough feeder cattle this week for accurate trends. Buyer attendance was light. Live cattle gave back some ground on Thursday. Futures were down triple digits at the close with losses of as much as $1.60. Slaughter cows and bulls 6.00-8.00 lower as to many are coming to market exceeding demand. Trade active especially for guaranteed grass fed cows. Demand light to moderate. USDA’s Export Sales report showed beef bookings were 15,555 MT during the week that ended 8/26. That was up 49% from last week and 32% from the same week last year. The data showed 18,122 MT of beef was shipped, bringing the YTD total to 616,213 MT. Converted Census data showed July beef exports totaled 297.3m lbs. That was a record for July shipments, marking the 5th monthly record for the 2021 season. Brazil reported 181,605 MT of beef exports for the month of August. That was up from 163,220 MT in August of 2020.
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Heifers — Medium and Large 2-3$ per cwt · actual wt | ||||
| 19 | — | 461 | 105.00 | 105.00 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 8 | — | 573 | 139.00 | 139.00 |
| 6 | — | 381 | 150.00 | 150.00 |
| 8 | — | 544 | 138.00 | 138.00 |
| 9 | — | 457 | 153.00 | 153.00 |
| Heifers — Large 2-3$ per cwt · actual wt | ||||
| 5 | — | 726 | 105.00 | 105.00 |
| Steers — Large 1$ per cwt · actual wt | ||||
| 7 | — | 744 | 122.50 | 122.50 |
| Steers — Medium and Large 3-4$ per cwt · actual wt | ||||
| 11 | — | 428 | 105.00 | 105.00 |
| 5 | — | 277 | 110.00 | 110.00 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 8 | — | 677 | 144.00 | 144.00 |
| 6 | — | 415 | 162.00 | 162.00 |
| 5 | — | 492 | 159.00 | 159.00 |
| 7 | — | 591 | 143.00 | 143.00 |
| Steers — Medium and Large 2-3$ per cwt · actual wt | ||||
| 24 | — | 464 | 117.50–130.00 | 121.20 |
| 8 | — | 378 | 120.00 | 120.00 |
| Steers — Large 2-3$ per cwt · actual wt | ||||
| 5 | — | 800 | 112.50 | 112.50 |
| Dairy Heifers — Large 3$ per cwt · actual wt | ||||
| 31 | — | 1,141 | 97.50 | 97.50 |
| 10 | — | 964 | 94.00 | 94.00 |
| 31 | — | 1,233 | 99.00 | 99.00 |
| 30 | — | 1,060 | 100.00 | 100.00 |
| 12 | — | 935 | 98.00 | 98.00 |
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Bulls$ per cwt · actual wt | ||||
| 12 | — | 2,033 | 80.00–84.50 | 82.84 |
| 1 | — | 1,960 | 87.50 | 87.50 |
| Cows — Boner 80-85% · Return to Feed$ per cwt · actual wt | ||||
| 5 | — | 955 | 83.50 | 83.50 |
| 14 | — | 1,019 | 68.00 | 68.00 |
| Cows — Boner 80-85% · Certified Prgms$ per cwt · actual wt | ||||
| 15 | — | 1,241 | 65.75–67.00 | 66.23 |
| Cows — Lean 85-90% · Certified Prgms$ per cwt · actual wt | ||||
| 15 | — | 1,181 | 64.00–64.75 | 64.45 |
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| 155 | — | 1,658 | 60.00–64.00 | 62.37 |
| 145 | — | 1,607 | 56.00–60.00 | 58.32 |
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| 85 | — | 1,359 | 52.00–58.00 | 55.51 |
| 115 | — | 1,443 | 58.00–62.00 | 59.88 |