Compared to last Thursday, not enough stocker or feeder cattle this week for accurate trends. Offerings this week where mostly in small bunches and singles. CME Feeder cattle futures traded $1.60 to $2.50 lower on Thursday as well. The CME Feeder Cattle Index from 2/28 was 24 cents weaker at $159.67. Slaughter cows and bulls 1.00-3.00 higher as supplies in the trade area where light this week. Trade active with very good demand. Weekly FAS data had beef export bookings at 23,761 MT from the week that ended 2/24. That was the most for a single week since 11/11/21. China contributed 4,060 MT of the total sale. USDA reported beef exports at 17,611 MT for the same week, which set the year’s total export at 117,905 MT. China has been the destination for 17,102 MT.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium and Large 1-2 | 677 | 150.00 | 1,016 | 5thin |
| Small and Medium 1-2 | 553 | 137.33 | 759 | 15thin |
| Small and Medium 2-3 | 538 | 123.00 | 662 | 7thin |
| Large 1 | 976 | 115.00 | 1,122 | 10thin |
| Medium and Large 2-3 | 732 | 80.00 | 586 | 5thin |
| Class | Grade | Dressing | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|---|---|
| Bulls | — | Low | 2,005 | 106.23 | 2,129 | 24 |
| Cows | Boner 80-85% | High | 1,464 | 74.28 | 1,088 | 455 |
| Cows | Lean 85-90% | Average | 1,311 | 71.97 | 943 | 386 |
| Class | Grade / description | Weight | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Heifers | Large 1 | — | 976 | 115.00/cwt | 115.00–115.00 | 1,122 | 10 |
| Heifers | Small and Medium 1-2 | — | 437 | 135.00/cwt | 135.00–135.00 | 590 | 5 |
| Heifers | Medium and Large 2-3 | — | 732 | 80.00/cwt | 80.00–80.00 | 586 | 5 |
| Steers | Small and Medium 2-3 | — | 584 | 135.00/cwt | 135.00–135.00 | 788 | 8 |
| Steers | Small and Medium 1-2 | — | 565 | 135.00/cwt | 135.00–135.00 | 763 | 9 |
| Steers | Large 1-2 | — | 823 | 130.00/cwt | 130.00–130.00 | 1,070 | 9 |
| Heifers | Small and Medium 1-2 | — | 597 | 136.00/cwt | 136.00–136.00 | 812 | 5 |
| Steers | Medium and Large 2-3 | — | 523 | 130.00/cwt | 130.00–130.00 | 680 | 6 |
| Heifers | Small and Medium 1-2 | — | 624 | 141.00/cwt | 141.00–141.00 | 880 | 5 |
| Heifers | Medium and Large 1-2 | — | 677 | 150.00/cwt | 150.00–150.00 | 1,016 | 5 |
| Heifers | Small and Medium 2-3 | — | 538 | 123.00/cwt | 123.00–123.00 | 662 | 7 |
| Bred Cows | Medium and Large 1-2 | — | 1,259 | 910.00/cwt | 910.00–910.00 | 11,457 | 6 |
| Bred Cows | Medium and Large 1-2 | — | 1,281 | 885.00/cwt | 885.00–885.00 | 11,337 | 7 |
| Bulls | — | — | 2,000 | 98.67/cwt | 90.00–103.00 | 1,973 | 9 |
| Bulls | — | — | 2,038 | 108.94/cwt | 103.00–112.00 | 2,220 | 13 |
| Bulls | — | — | 1,808 | 122.64/cwt | 118.50–126.50 | 2,217 | 2 |
| Cows | Boner 80-85%Return to Feed | — | 1,088 | 84.00/cwt | 82.00–87.00 | 914 | 20 |
| Cows | Boner 80-85%Return to Feed | — | 1,400 | 80.00/cwt | 80.00–80.00 | 1,120 | 9 |
| Cows | Lean 85-90%Return to Feed | — | 1,026 | 83.00/cwt | 83.00–83.00 | 852 | 8 |
| Cows | Lean 85-90% | — | 1,357 | 75.03/cwt | 72.00–77.00 | 1,018 | 185 |
| Cows | Lean 85-90% | — | 1,306 | 69.14/cwt | 65.00–72.00 | 903 | 175 |
| Cows | Boner 80-85% | — | 1,456 | 70.19/cwt | 66.00–73.00 | 1,022 | 195 |
| Cows | Boner 80-85% | — | 1,551 | 81.24/cwt | 78.75–82.00 | 1,260 | 21 |
| Cows | Boner 80-85% | — | 1,507 | 76.06/cwt | 73.00–78.00 | 1,146 | 205 |
| Cows | Boner 80-85%Certified Prgms | — | 1,285 | 82.75/cwt | 82.75–82.75 | 1,063 | 5 |
| Cows | Lean 85-90%Certified Prgms | — | 1,282 | 78.50/cwt | 78.50–78.50 | 1,006 | 5 |
| Cows | Lean 85-90%Light Weight | — | 908 | 57.15/cwt | 53.00–60.00 | 519 | 13 |
Compared to last Thursday, not enough stocker or feeder cattle this week for accurate trends. Offerings this week where mostly in small bunches and singles. CME Feeder cattle futures traded $1.60 to $2.50 lower on Thursday as well. The CME Feeder Cattle Index from 2/28 was 24 cents weaker at $159.67. Slaughter cows and bulls 1.00-3.00 higher as supplies in the trade area where light this week. Trade active with very good demand. Weekly FAS data had beef export bookings at 23,761 MT from the week that ended 2/24. That was the most for a single week since 11/11/21. China contributed 4,060 MT of the total sale. USDA reported beef exports at 17,611 MT for the same week, which set the year’s total export at 117,905 MT. China has been the destination for 17,102 MT.
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Heifers — Large 1$ per cwt · actual wt | ||||
| 10 | — | 976 | 115.00 | 115.00 |
| Heifers — Small and Medium 1-2$ per cwt · actual wt | ||||
| 5 | — | 437 | 135.00 | 135.00 |
| 5 | — | 597 | 136.00 | 136.00 |
| 5 | — | 624 | 141.00 | 141.00 |
| Heifers — Medium and Large 2-3$ per cwt · actual wt | ||||
| 5 | — | 732 | 80.00 | 80.00 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 5 | — | 677 | 150.00 | 150.00 |
| Heifers — Small and Medium 2-3$ per cwt · actual wt | ||||
| 7 | — | 538 | 123.00 | 123.00 |
| Steers — Small and Medium 2-3$ per cwt · actual wt | ||||
| 8 | — | 584 | 135.00 | 135.00 |
| Steers — Small and Medium 1-2$ per cwt · actual wt | ||||
| 9 | — | 565 | 135.00 | 135.00 |
| Steers — Large 1-2$ per cwt · actual wt | ||||
| 9 | — | 823 | 130.00 | 130.00 |
| Steers — Medium and Large 2-3$ per cwt · actual wt | ||||
| 6 | — | 523 | 130.00 | 130.00 |
| Age | Stage | Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|---|---|
| Bred Cows — Medium and Large 1-2$ per cwt · actual wt | ||||||
| Middle Aged/Aged (>5 yrs) | 2nd Stage (4-6 mo) | 6 | — | 1,259 | 910.00 | 910.00 |
| Aged (>8 yrs) | 2nd Stage (4-6 mo) | 7 | — | 1,281 | 885.00 | 885.00 |
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Bulls$ per cwt · actual wt | ||||
| 9 | — | 2,000 | 90.00–103.00 | 98.67 |
| 13 | — | 2,038 | 103.00–112.00 | 108.94 |
| 2 | — | 1,808 | 118.50–126.50 | 122.64 |
| Cows — Boner 80-85% · Return to Feed$ per cwt · actual wt | ||||
| 20 | — | 1,088 | 82.00–87.00 | 84.00 |
| 9 | — | 1,400 | 80.00 | 80.00 |
| Cows — Lean 85-90% · Return to Feed$ per cwt · actual wt | ||||
| 8 | — | 1,026 | 83.00 | 83.00 |
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| 185 | — | 1,357 | 72.00–77.00 | 75.03 |
| 175 | — | 1,306 | 65.00–72.00 | 69.14 |
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| 195 | — | 1,456 | 66.00–73.00 | 70.19 |
| 21 | — | 1,551 | 78.75–82.00 | 81.24 |
| 205 | — | 1,507 | 73.00–78.00 | 76.06 |
| Cows — Boner 80-85% · Certified Prgms$ per cwt · actual wt | ||||
| 5 | — | 1,285 | 82.75 | 82.75 |
| Cows — Lean 85-90% · Certified Prgms$ per cwt · actual wt | ||||
| 5 | — | 1,282 | 78.50 | 78.50 |
| Cows — Lean 85-90% · Light Weight$ per cwt · actual wt | ||||
| 13 | — | 908 | 53.00–60.00 | 57.15 |