Compared to last Thursday, not enough stocker or feeder this week for accurate trends. Most offerings today where small bunches and singles. Feeder cattle futures fell $0.80 to $1.30 on Thursday with Jan rolling off the board at $158.92 to be settled against the index tomorrow. The CME Feeder Cattle Index for 1/26 was $159.05, down by another 45 cents. Slaughter cows 4.00-9.00 higher as packers pursued numbers for harvest. Not enough slaughter bulls this week for accurate trends, Trade active with good demand. Export Sales data from the week that ended 1/20 showed 14,273 MT of beef was booked. That was up 11% wk/wk, but was just half of the same week last year. South Korea and Japan were the week’s top buyers. Japan was also the top destination for the 14,302 MT shipped during the week with 4.1k MT.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium and Large 1-2 | 581 | 145.24 | 844 | 63 |
| Small and Medium 2-3 | 479 | 125.00 | 599 | 7thin |
| Class | Grade | Dressing | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|---|---|
| Cows | Boner 80-85% | Average | 1,614 | 53.45 | 863 | 424 |
| Cows | Lean 85-90% | Very Low | 1,309 | 50.34 | 659 | 411 |
| Class | Grade / description | Weight | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Cows | Boner 80-85% | — | 1,656 | 55.35/cwt | 53.00–57.00 | 917 | 205 |
| Heifers | Medium and Large 1-2 | — | 633 | 141.28/cwt | 138.50–143.50 | 894 | 21 |
| Heifers | Small and Medium 2-3 | — | 479 | 125.00/cwt | 125.00–125.00 | 599 | 7 |
| Dairy Heifers | Large 3 | — | 1,074 | 93.75/cwt | 93.75–93.75 | 1,007 | 7 |
| Heifers | Medium and Large 1-2 | — | 492 | 152.00/cwt | 152.00–152.00 | 748 | 8 |
| Heifers | Medium and Large 1-2 | — | 536 | 147.21/cwt | 142.00–150.00 | 789 | 26 |
| Heifers | Medium and Large 1-2 | — | 681 | 142.50/cwt | 142.50–142.50 | 970 | 8 |
| Dairy Heifers | Large 3 | — | 1,215 | 93.75/cwt | 93.75–93.75 | 1,139 | 20 |
| Dairy Heifers | Medium and Large 3-4 | — | 1,044 | 86.00/cwt | 86.00–86.00 | 898 | 7 |
| Steers | Medium and Large 1-2 | — | 618 | 150.50/cwt | 150.50–150.50 | 930 | 6 |
| Steers | Medium and Large 1-2 | — | 525 | 172.87/cwt | 170.00–176.00 | 908 | 14 |
| Steers | Small and Medium 2-3 | — | 416 | 149.43/cwt | 149.00–150.00 | 622 | 14 |
| Bred Heifers | Medium and Large 1-2 | — | 1,200 | 1,060.00/cwt | 1,060.00–1,060.00 | 12,720 | 5 |
| Bred Cows | Medium and Large 1-2 | — | 1,291 | 865.00/cwt | 865.00–865.00 | 11,167 | 17 |
| Cows | Lean 85-90%Light Weight | — | 1,031 | 36.81/cwt | 32.00–40.00 | 380 | 31 |
| Cows | Boner 80-85%Return to Feed | — | 1,328 | 67.00/cwt | 67.00–67.00 | 890 | 5 |
| Cows | Boner 80-85%Certified Prgms | — | 1,334 | 64.50/cwt | 64.00–65.00 | 860 | 19 |
| Cows | Boner 80-85% | — | 1,605 | 50.03/cwt | 46.00–53.00 | 803 | 195 |
| Cows | Lean 85-90% | — | 1,305 | 48.31/cwt | 43.00–52.00 | 630 | 185 |
| Cows | Lean 85-90% | — | 1,356 | 54.42/cwt | 52.00–56.00 | 738 | 195 |
Compared to last Thursday, not enough stocker or feeder this week for accurate trends. Most offerings today where small bunches and singles. Feeder cattle futures fell $0.80 to $1.30 on Thursday with Jan rolling off the board at $158.92 to be settled against the index tomorrow. The CME Feeder Cattle Index for 1/26 was $159.05, down by another 45 cents. Slaughter cows 4.00-9.00 higher as packers pursued numbers for harvest. Not enough slaughter bulls this week for accurate trends, Trade active with good demand. Export Sales data from the week that ended 1/20 showed 14,273 MT of beef was booked. That was up 11% wk/wk, but was just half of the same week last year. South Korea and Japan were the week’s top buyers. Japan was also the top destination for the 14,302 MT shipped during the week with 4.1k MT.
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| 205 | — | 1,656 | 53.00–57.00 | 55.35 |
| 195 | — | 1,605 | 46.00–53.00 | 50.03 |
| Cows — Lean 85-90% · Light Weight$ per cwt · actual wt | ||||
| 31 | — | 1,031 | 32.00–40.00 | 36.81 |
| Cows — Boner 80-85% · Return to Feed$ per cwt · actual wt | ||||
| 5 | — | 1,328 | 67.00 | 67.00 |
| Cows — Boner 80-85% · Certified Prgms$ per cwt · actual wt | ||||
| 19 | — | 1,334 | 64.00–65.00 | 64.50 |
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| 185 | — | 1,305 | 43.00–52.00 | 48.31 |
| 195 | — | 1,356 | 52.00–56.00 | 54.42 |
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 21 | — | 633 | 138.50–143.50 | 141.28 |
| 8 | — | 492 | 152.00 | 152.00 |
| 26 | — | 536 | 142.00–150.00 | 147.21 |
| 8 | — | 681 | 142.50 | 142.50 |
| Heifers — Small and Medium 2-3$ per cwt · actual wt | ||||
| 7 | — | 479 | 125.00 | 125.00 |
| Dairy Heifers — Large 3$ per cwt · actual wt | ||||
| 7 | — | 1,074 | 93.75 | 93.75 |
| 20 | — | 1,215 | 93.75 | 93.75 |
| Dairy Heifers — Medium and Large 3-4$ per cwt · actual wt | ||||
| 7 | — | 1,044 | 86.00 | 86.00 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 6 | — | 618 | 150.50 | 150.50 |
| 14 | — | 525 | 170.00–176.00 | 172.87 |
| Steers — Small and Medium 2-3$ per cwt · actual wt | ||||
| 14 | — | 416 | 149.00–150.00 | 149.43 |
| Age | Stage | Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|---|---|
| Bred Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||||
| Young (2-4 yrs) | 1st Stage (1-3 mo) | 5 | — | 1,200 | 1,060.00 | 1,060.00 |
| Bred Cows — Medium and Large 1-2$ per cwt · actual wt | ||||||
| Middle Aged (5-8 yrs) | 2nd Stage (4-6 mo) | 17 | — | 1,291 | 865.00 | 865.00 |