Compared to last Thursday, Stocker and feeder cattle 6.00-7.00 higher with most advance on heifers. Buyer attendance was good. Quality more attractive this week. CME Feeders went home 45 to 95 cents in the black on Thursday. The 3/23 CME Feeder Cattle Index was $154.69, down by 28 cents. Slaughter cows 3.00-6.00 higher. Most advance on Lean cows. Slaughter bulls firm. Trade very active with very good demand. Weekly Export Sales data from FAS showed a 44 week high 27,546 MT of beef was sold during the week that ended 3/17. The week’s top buyers were South Korea and China. USDA also reported a record 41,830 MT of beef was shipped during the week. That moved the YTD total to 1.7% ahead of last year’s record pace to 191,931 MT as of 3/17.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Small and Medium 2-3 | 415 | 164.81 | 684 | 27 |
| Medium and Large 1-2 | 604 | 162.43 | 981 | 305 |
| Large 1 | 753 | 142.59 | 1,074 | 34 |
| Class | Grade | Dressing | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|---|---|
| Bulls | — | Low | 1,955 | 118.26 | 2,312 | 27 |
| Cows | Lean 85-90% | Very Low | 1,215 | 86.09 | 1,046 | 371 |
| Cows | Boner 80-85% | Low | 1,535 | 85.67 | 1,315 | 360 |
| Class | Grade / description | Weight | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Heifers | Large 1 | — | 722 | 147.80/cwt | 147.50–148.00 | 1,067 | 19 |
| Heifers | Medium and Large 1-2 | — | 496 | 192.50/cwt | 192.50–192.50 | 955 | 10 |
| Heifers | Large 1 | — | 793 | 136.00/cwt | 136.00–136.00 | 1,078 | 15 |
| Heifers | Small and Medium 2-3 | — | 506 | 153.00/cwt | 153.00–153.00 | 774 | 13 |
| Heifers | Small and Medium 2-3 | — | 330 | 175.77/cwt | 170.00–180.00 | 580 | 14 |
| Heifers | Medium and Large 1-2 | — | 543 | 163.50/cwt | 163.50–163.50 | 888 | 7 |
| Dairy Heifers | Large 3 | — | 1,182 | 101.75/cwt | 101.75–101.75 | 1,203 | 7 |
| Dairy Heifers | Large 3 | — | 1,380 | 100.50/cwt | 100.50–100.50 | 1,387 | 8 |
| Dairy Heifers | Large 3 | — | 1,035 | 100.75/cwt | 100.75–100.75 | 1,043 | 31 |
| Steers | Medium and Large 1-2 | — | 622 | 178.01/cwt | 175.00–180.00 | 1,107 | 31 |
| Steers | Medium and Large 1-2 | — | 488 | 208.50/cwt | 208.50–208.50 | 1,017 | 8 |
| Dairy Heifers | Large 3 | — | 809 | 94.50/cwt | 94.50–94.50 | 765 | 8 |
| Dairy Heifers | Large 3 | — | 864 | 97.00/cwt | 97.00–97.00 | 838 | 24 |
| Dairy Heifers | Large 3-4 | — | 1,130 | 91.00/cwt | 91.00–91.00 | 1,028 | 8 |
| Steers | Large 1Value Added | — | 761 | 162.00/cwt | 162.00–162.00 | 1,233 | 11 |
| Steers | Medium and Large 2-3 | — | 648 | 145.00/cwt | 145.00–145.00 | 940 | 6 |
| Steers | Medium and Large 2-3 | — | 469 | 120.00/cwt | 120.00–120.00 | 563 | 15 |
| Steers | Medium and Large 1-2 | — | 681 | 175.03/cwt | 168.50–177.00 | 1,192 | 139 |
| Steers | Large 1Value Added | — | 838 | 155.00/cwt | 155.00–155.00 | 1,299 | 8 |
| Steers | Medium and Large 1-2 | — | 514 | 201.84/cwt | 193.00–206.00 | 1,037 | 23 |
| Heifers | Medium and Large 1-2 | — | 570 | 161.35/cwt | 156.00–166.75 | 920 | 43 |
| Heifers | Medium and Large 1-2 | — | 389 | 190.00/cwt | 190.00–190.00 | 739 | 12 |
| Heifers | Medium and Large 1-2Thin Fleshed | — | 502 | 176.00/cwt | 176.00–176.00 | 884 | 20 |
| Steers | Medium and Large 1-2 | — | 430 | 216.00/cwt | 216.00–216.00 | 929 | 16 |
| Steers | Medium and Large 1-2 | — | 579 | 190.07/cwt | 186.50–197.50 | 1,101 | 52 |
| Steers | Large 1 | — | 743 | 166.00/cwt | 166.00–166.00 | 1,233 | 52 |
| Heifers | Medium and Large 1-2 | — | 607 | 157.30/cwt | 157.00–157.50 | 955 | 40 |
| Heifers | Medium and Large 1-2 | — | 675 | 154.24/cwt | 150.50–155.75 | 1,041 | 153 |
| Heifers | Medium and Large 1-2 | — | 436 | 192.18/cwt | 191.00–193.00 | 838 | 20 |
| Bred Cows | Medium and Large 1-2 | — | 1,441 | 1,100.00/cwt | 1,100.00–1,100.00 | 15,851 | 5 |
| Bulls | —Light Weight | — | 1,293 | 95.00/cwt | 95.00–95.00 | 1,228 | 3 |
| Bulls | — | — | 1,833 | 118.05/cwt | 112.00–121.50 | 2,164 | 9 |
| Bulls | — | — | 2,100 | 135.72/cwt | 125.50–138.50 | 2,850 | 8 |
| Bulls | — | — | 2,229 | 108.54/cwt | 104.50–112.00 | 2,419 | 7 |
| Cows | Lean 85-90%Light Weight | — | 1,055 | 74.11/cwt | 70.00–77.00 | 782 | 31 |
| Cows | Boner 80-85% | — | 1,509 | 83.07/cwt | 80.00–85.00 | 1,254 | 175 |
| Cows | Boner 80-85% | — | 1,559 | 88.13/cwt | 85.00–90.00 | 1,374 | 185 |
| Cows | Lean 85-90% | — | 1,254 | 89.87/cwt | 87.00–92.00 | 1,127 | 175 |
| Cows | Lean 85-90% | — | 1,203 | 84.34/cwt | 81.00–87.00 | 1,015 | 165 |
Compared to last Thursday, Stocker and feeder cattle 6.00-7.00 higher with most advance on heifers. Buyer attendance was good. Quality more attractive this week. CME Feeders went home 45 to 95 cents in the black on Thursday. The 3/23 CME Feeder Cattle Index was $154.69, down by 28 cents. Slaughter cows 3.00-6.00 higher. Most advance on Lean cows. Slaughter bulls firm. Trade very active with very good demand. Weekly Export Sales data from FAS showed a 44 week high 27,546 MT of beef was sold during the week that ended 3/17. The week’s top buyers were South Korea and China. USDA also reported a record 41,830 MT of beef was shipped during the week. That moved the YTD total to 1.7% ahead of last year’s record pace to 191,931 MT as of 3/17.
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Heifers — Large 1$ per cwt · actual wt | ||||
| 19 | — | 722 | 147.50–148.00 | 147.80 |
| 15 | — | 793 | 136.00 | 136.00 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 10 | — | 496 | 192.50 | 192.50 |
| 7 | — | 543 | 163.50 | 163.50 |
| 43 | — | 570 | 156.00–166.75 | 161.35 |
| 12 | — | 389 | 190.00 | 190.00 |
| 40 | — | 607 | 157.00–157.50 | 157.30 |
| 153 | — | 675 | 150.50–155.75 | 154.24 |
| 20 | — | 436 | 191.00–193.00 | 192.18 |
| Heifers — Small and Medium 2-3$ per cwt · actual wt | ||||
| 13 | — | 506 | 153.00 | 153.00 |
| 14 | — | 330 | 170.00–180.00 | 175.77 |
| Heifers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt | ||||
| 20 | — | 502 | 176.00 | 176.00 |
| Dairy Heifers — Large 3$ per cwt · actual wt | ||||
| 7 | — | 1,182 | 101.75 | 101.75 |
| 8 | — | 1,380 | 100.50 | 100.50 |
| 31 | — | 1,035 | 100.75 | 100.75 |
| 8 | — | 809 | 94.50 | 94.50 |
| 24 | — | 864 | 97.00 | 97.00 |
| Dairy Heifers — Large 3-4$ per cwt · actual wt | ||||
| 8 | — | 1,130 | 91.00 | 91.00 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 31 | — | 622 | 175.00–180.00 | 178.01 |
| 8 | — | 488 | 208.50 | 208.50 |
| 139 | — | 681 | 168.50–177.00 | 175.03 |
| 23 | — | 514 | 193.00–206.00 | 201.84 |
| 16 | — | 430 | 216.00 | 216.00 |
| 52 | — | 579 | 186.50–197.50 | 190.07 |
| Steers — Large 1 · Value Added$ per cwt · actual wt | ||||
| 11 | — | 761 | 162.00 | 162.00 |
| 8 | — | 838 | 155.00 | 155.00 |
| Steers — Medium and Large 2-3$ per cwt · actual wt | ||||
| 6 | — | 648 | 145.00 | 145.00 |
| 15 | — | 469 | 120.00 | 120.00 |
| Steers — Large 1$ per cwt · actual wt | ||||
| 52 | — | 743 | 166.00 | 166.00 |
| Age | Stage | Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|---|---|
| Bred Cows — Medium and Large 1-2$ per cwt · actual wt | ||||||
| Aged (>8 yrs) | 3rd Stage (7-9 mo) | 5 | — | 1,441 | 1,100.00 | 1,100.00 |
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Bulls — Light Weight$ per cwt · actual wt | ||||
| 3 | — | 1,293 | 95.00 | 95.00 |
| Bulls$ per cwt · actual wt | ||||
| 9 | — | 1,833 | 112.00–121.50 | 118.05 |
| 8 | — | 2,100 | 125.50–138.50 | 135.72 |
| 7 | — | 2,229 | 104.50–112.00 | 108.54 |
| Cows — Lean 85-90% · Light Weight$ per cwt · actual wt | ||||
| 31 | — | 1,055 | 70.00–77.00 | 74.11 |
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| 175 | — | 1,509 | 80.00–85.00 | 83.07 |
| 185 | — | 1,559 | 85.00–90.00 | 88.13 |
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| 175 | — | 1,254 | 87.00–92.00 | 89.87 |
| 165 | — | 1,203 | 81.00–87.00 | 84.34 |