Compared to last Thursday, not enough feeder cattle this week for accurate trends. Supply not as attractive as last week as most feeders this week where offered in small lots and singles. CME Feeders were down 52 cents to $1.72 on the day. The CME Feeder Cattle Index was down $1.59 to $153.46 on 5/18. Slaughter cows steady to weak. Not enough slaughter bulls for accurate trends. Trade active with good demand. Surveys ahead of Friday's USDA Cattle on Feed report expect placements during April to be down 4.6% vs. last year, with marketing's down 2%. May on feed expectations are estimated to be up 1.3% by the trade.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium and Large 1-2 | 558 | 145.17 | 811 | 18thin |
| Large 1 | 915 | 127.86 | 1,170 | 28 |
| Large 1-2 | 899 | 107.00 | 962 | 6thin |
| Large 2-3 | 913 | 98.15 | 896 | 30 |
| Class | Grade | Dressing | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|---|---|
| Bulls | — | Average | 2,120 | 102.26 | 2,168 | 16 |
| Cows | Lean 85-90% | Average | 1,196 | 82.14 | 983 | 200 |
| Cows | Boner 80-85% | High | 1,475 | 80.28 | 1,184 | 251 |
| Class | Grade / description | Weight | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Heifers | Large 1 | — | 1,069 | 120.00/cwt | 120.00–120.00 | 1,283 | 8 |
| Heifers | Large 1 | — | 1,026 | 120.00/cwt | 120.00–120.00 | 1,231 | 9 |
| Heifers | Large 1 | — | 713 | 140.00/cwt | 140.00–140.00 | 998 | 11 |
| Heifers | Medium and Large 1-2 | — | 493 | 155.00/cwt | 155.00–155.00 | 764 | 6 |
| Heifers | Medium and Large 1-2 | — | 591 | 140.25/cwt | 140.00–140.50 | 829 | 12 |
| Heifers | Large 2-3 | — | 947 | 95.50/cwt | 95.50–95.50 | 904 | 7 |
| Dairy Heifers | Small and Medium 4 | — | 856 | 69.50/cwt | 69.50–69.50 | 595 | 11 |
| Dairy Heifers | Small and Medium 4 | — | 795 | 67.50/cwt | 67.50–67.50 | 537 | 14 |
| Dairy Heifers | Small and Medium 4 | — | 994 | 78.00/cwt | 78.00–78.00 | 775 | 25 |
| Heifers | Large 1-2 | — | 899 | 107.00/cwt | 107.00–107.00 | 962 | 6 |
| Heifers | Large 2-3 | — | 988 | 97.00/cwt | 97.00–97.00 | 958 | 5 |
| Heifers | Large 2-3 | — | 879 | 99.50/cwt | 99.50–99.50 | 875 | 18 |
| Steers | Medium and Large 1-2 | — | 567 | 180.00/cwt | 180.00–180.00 | 1,021 | 10 |
| Steers | Medium and Large 1-2 | — | 680 | 142.50/cwt | 142.50–142.50 | 969 | 10 |
| Steers | Small and Medium 2-3 | — | 499 | 127.00/cwt | 127.00–127.00 | 634 | 5 |
| Steers | Medium and Large 1-2 | — | 473 | 180.00/cwt | 180.00–180.00 | 851 | 6 |
| Bulls | — | — | 2,246 | 104.77/cwt | 102.00–109.50 | 2,353 | 9 |
| Bulls | — | — | 1,957 | 99.04/cwt | 93.00–102.00 | 1,938 | 7 |
| Cows | Boner 80-85%Certified Prgms | — | 1,075 | 88.00/cwt | 88.00–88.00 | 946 | 6 |
| Cows | Boner 80-85% | — | 1,512 | 82.71/cwt | 79.00–85.00 | 1,251 | 125 |
| Cows | Boner 80-85% | — | 1,457 | 77.37/cwt | 75.00–79.00 | 1,127 | 120 |
| Cows | Lean 85-90% | — | 1,231 | 84.13/cwt | 82.00–87.00 | 1,036 | 105 |
| Cows | Lean 85-90% | — | 1,158 | 79.95/cwt | 77.00–82.00 | 926 | 95 |
Compared to last Thursday, not enough feeder cattle this week for accurate trends. Supply not as attractive as last week as most feeders this week where offered in small lots and singles. CME Feeders were down 52 cents to $1.72 on the day. The CME Feeder Cattle Index was down $1.59 to $153.46 on 5/18. Slaughter cows steady to weak. Not enough slaughter bulls for accurate trends. Trade active with good demand. Surveys ahead of Friday's USDA Cattle on Feed report expect placements during April to be down 4.6% vs. last year, with marketing's down 2%. May on feed expectations are estimated to be up 1.3% by the trade.
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Heifers — Large 1$ per cwt · actual wt | ||||
| 8 | — | 1,069 | 120.00 | 120.00 |
| 9 | — | 1,026 | 120.00 | 120.00 |
| 11 | — | 713 | 140.00 | 140.00 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 6 | — | 493 | 155.00 | 155.00 |
| 12 | — | 591 | 140.00–140.50 | 140.25 |
| Heifers — Large 2-3$ per cwt · actual wt | ||||
| 7 | — | 947 | 95.50 | 95.50 |
| 5 | — | 988 | 97.00 | 97.00 |
| 18 | — | 879 | 99.50 | 99.50 |
| Heifers — Large 1-2$ per cwt · actual wt | ||||
| 6 | — | 899 | 107.00 | 107.00 |
| Dairy Heifers — Small and Medium 4$ per cwt · actual wt | ||||
| 11 | — | 856 | 69.50 | 69.50 |
| 14 | — | 795 | 67.50 | 67.50 |
| 25 | — | 994 | 78.00 | 78.00 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 10 | — | 567 | 180.00 | 180.00 |
| 10 | — | 680 | 142.50 | 142.50 |
| 6 | — | 473 | 180.00 | 180.00 |
| Steers — Small and Medium 2-3$ per cwt · actual wt | ||||
| 5 | — | 499 | 127.00 | 127.00 |
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Bulls$ per cwt · actual wt | ||||
| 9 | — | 2,246 | 102.00–109.50 | 104.77 |
| 7 | — | 1,957 | 93.00–102.00 | 99.04 |
| Cows — Boner 80-85% · Certified Prgms$ per cwt · actual wt | ||||
| 6 | — | 1,075 | 88.00 | 88.00 |
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| 125 | — | 1,512 | 79.00–85.00 | 82.71 |
| 120 | — | 1,457 | 75.00–79.00 | 77.37 |
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| 105 | — | 1,231 | 82.00–87.00 | 84.13 |
| 95 | — | 1,158 | 77.00–82.00 | 79.95 |