Compared to last Thursday, Stocker steers less than 700 lbs weak in a light test. Not enough heifers or feeder steers for accurate trends. CME Feeder cattle trading also saw triple digit losses, ending the day $0.82 to $1.37 in the red. October feeders expired at $156.67. The CME Feeder Cattle Index was $156.03 on 10/26 up by 53 cents. Buyer attendance was light to moderate. Slaughter cows and bulls 1.00-4.00 higher. Grass fed and feeding cows pushed the market higher. Trade active with good demand and good buyer attendance. Beef export sales were a 13 week high of 19,192 MT. South Korea was the top buyer, though China, Japan, Mexico and Taiwan were all contributors. Shipments from the report were 16,725 MT, with South Korea as the top destination. YTD exports are at 753,710 MT through 10/21 according to the weekly data.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Small and Medium 1-2 | 451 | 162.00 | 731 | 11thin |
| Medium and Large 1-2 | 556 | 150.26 | 836 | 57 |
| Large 1 | 777 | 133.50 | 1,037 | 22 |
| Class | Grade | Dressing | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|---|---|
| Bulls | — | Average | 1,932 | 78.84 | 1,523 | 22 |
| Cows | Lean 85-90% | Average | 1,200 | 59.34 | 712 | 416 |
| Cows | Boner 80-85% | Average | 1,363 | 59.21 | 807 | 425 |
| Class | Grade / description | Weight | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Bulls | Medium and Large 1-2 | — | 437 | 163.00/cwt | 163.00–163.00 | 712 | 6 |
| Bulls | Medium and Large 1-2 | — | 537 | 138.00/cwt | 138.00–138.00 | 741 | 6 |
| Heifers | Medium and Large 1-2 | — | 270 | 142.50/cwt | 142.50–142.50 | 385 | 11 |
| Heifers | Medium and Large 1-2 | — | 659 | 132.76/cwt | 129.00–136.00 | 875 | 19 |
| Heifers | Medium and Large 1-2 | — | 532 | 132.73/cwt | 130.00–137.50 | 706 | 20 |
| Steers | Large 1 | — | 855 | 132.00/cwt | 132.00–132.00 | 1,129 | 5 |
| Steers | Medium and Large 1-2 | — | 577 | 147.00/cwt | 147.00–147.00 | 848 | 8 |
| Steers | Small and Medium 1-2 | — | 425 | 162.00/cwt | 162.00–162.00 | 689 | 5 |
| Dairy Heifers | Large 3 | — | 1,058 | 87.42/cwt | 85.50–88.00 | 925 | 39 |
| Dairy Heifers | Large 3 | — | 1,208 | 88.50/cwt | 88.50–88.50 | 1,069 | 19 |
| Steers | Small and Medium 1-2 | — | 473 | 162.00/cwt | 162.00–162.00 | 766 | 6 |
| Steers | Medium and Large 1-2 | — | 610 | 136.51/cwt | 131.00–141.00 | 833 | 25 |
| Steers | Medium and Large 1-2 | — | 542 | 149.00/cwt | 149.00–149.00 | 808 | 8 |
| Steers | Large 1 | — | 761 | 131.00/cwt | 131.00–131.00 | 997 | 7 |
| Steers | Large 1 | — | 749 | 136.00/cwt | 136.00–136.00 | 1,019 | 10 |
| Steers | Medium and Large 1-2 | — | 469 | 174.01/cwt | 173.00–175.75 | 816 | 16 |
| Heifers | Large 1 | — | 713 | 125.00/cwt | 125.00–125.00 | 891 | 6 |
| Heifers | Small and Medium 1-2 | — | 525 | 124.00/cwt | 124.00–124.00 | 651 | 11 |
| Bulls | — | — | 1,969 | 82.21/cwt | 78.00–85.00 | 1,619 | 13 |
| Bulls | — | — | 1,878 | 73.98/cwt | 70.00–78.00 | 1,389 | 9 |
| Cows | Boner 80-85%Certified Prgms | — | 1,310 | 69.05/cwt | 68.00–69.75 | 905 | 105 |
| Cows | Lean 85-90%Certified Prgms | — | 1,252 | 65.14/cwt | 63.00–67.00 | 816 | 31 |
| Cows | Boner 80-85% | — | 1,410 | 56.62/cwt | 54.00–58.00 | 798 | 205 |
| Cows | Boner 80-85% | — | 1,367 | 52.26/cwt | 49.00–54.00 | 714 | 105 |
| Cows | Lean 85-90% | — | 1,308 | 55.51/cwt | 53.00–57.00 | 726 | 195 |
| Cows | Lean 85-90% | — | 1,216 | 51.25/cwt | 48.00–53.00 | 623 | 95 |
| Cows | Boner 80-85%Return to Feed | — | 919 | 82.00/cwt | 82.00–82.00 | 754 | 10 |
| Cows | Lean 85-90%Return to Feed | — | 947 | 73.38/cwt | 70.75–76.00 | 695 | 95 |
Compared to last Thursday, Stocker steers less than 700 lbs weak in a light test. Not enough heifers or feeder steers for accurate trends. CME Feeder cattle trading also saw triple digit losses, ending the day $0.82 to $1.37 in the red. October feeders expired at $156.67. The CME Feeder Cattle Index was $156.03 on 10/26 up by 53 cents. Buyer attendance was light to moderate. Slaughter cows and bulls 1.00-4.00 higher. Grass fed and feeding cows pushed the market higher. Trade active with good demand and good buyer attendance. Beef export sales were a 13 week high of 19,192 MT. South Korea was the top buyer, though China, Japan, Mexico and Taiwan were all contributors. Shipments from the report were 16,725 MT, with South Korea as the top destination. YTD exports are at 753,710 MT through 10/21 according to the weekly data.
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Bulls — Medium and Large 1-2$ per cwt · actual wt | ||||
| 6 | — | 437 | 163.00 | 163.00 |
| 6 | — | 537 | 138.00 | 138.00 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 11 | — | 270 | 142.50 | 142.50 |
| 19 | — | 659 | 129.00–136.00 | 132.76 |
| 20 | — | 532 | 130.00–137.50 | 132.73 |
| Heifers — Large 1$ per cwt · actual wt | ||||
| 6 | — | 713 | 125.00 | 125.00 |
| Heifers — Small and Medium 1-2$ per cwt · actual wt | ||||
| 11 | — | 525 | 124.00 | 124.00 |
| Steers — Large 1$ per cwt · actual wt | ||||
| 5 | — | 855 | 132.00 | 132.00 |
| 7 | — | 761 | 131.00 | 131.00 |
| 10 | — | 749 | 136.00 | 136.00 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 8 | — | 577 | 147.00 | 147.00 |
| 25 | — | 610 | 131.00–141.00 | 136.51 |
| 8 | — | 542 | 149.00 | 149.00 |
| 16 | — | 469 | 173.00–175.75 | 174.01 |
| Steers — Small and Medium 1-2$ per cwt · actual wt | ||||
| 5 | — | 425 | 162.00 | 162.00 |
| 6 | — | 473 | 162.00 | 162.00 |
| Dairy Heifers — Large 3$ per cwt · actual wt | ||||
| 39 | — | 1,058 | 85.50–88.00 | 87.42 |
| 19 | — | 1,208 | 88.50 | 88.50 |
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Bulls$ per cwt · actual wt | ||||
| 13 | — | 1,969 | 78.00–85.00 | 82.21 |
| 9 | — | 1,878 | 70.00–78.00 | 73.98 |
| Cows — Boner 80-85% · Certified Prgms$ per cwt · actual wt | ||||
| 105 | — | 1,310 | 68.00–69.75 | 69.05 |
| Cows — Lean 85-90% · Certified Prgms$ per cwt · actual wt | ||||
| 31 | — | 1,252 | 63.00–67.00 | 65.14 |
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| 205 | — | 1,410 | 54.00–58.00 | 56.62 |
| 105 | — | 1,367 | 49.00–54.00 | 52.26 |
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| 195 | — | 1,308 | 53.00–57.00 | 55.51 |
| 95 | — | 1,216 | 48.00–53.00 | 51.25 |
| Cows — Boner 80-85% · Return to Feed$ per cwt · actual wt | ||||
| 10 | — | 919 | 82.00 | 82.00 |
| Cows — Lean 85-90% · Return to Feed$ per cwt · actual wt | ||||
| 95 | — | 947 | 70.75–76.00 | 73.38 |