Compared to last Thursday, not enough stocker or feeder cattle this week for accurate trends. Most offerings today where small lots and singles. Buyer attendance was light ringside. Internet buyers where active. CME Feeder cattle prices rallied into the close and ended just off the day's highs with 32 to 55 cent gains. The CME Feeder Cattle Index was $170.67 on 7/20 after another $1.75 drop. Slaughter cows uneven boner cows and bulls steady. Lean cows weak. Trade active with good demand. Weekly beef bookings were 23,800 MT according to the Export Sales report. That was 97% above the 4-week average. South Korea was the top buyer with 7.7k MT, though China also added 3.1k MT to the books. Beef exports were 19,600 MT, including 5.8k to Japan, 5.5k MT to South Korea, and 3.3k MT to China. Accumulated shipments reached 518,475 MT through 7/14.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium and Large 1-2 | 604 | 159.70 | 965 | 37 |
| Small and Medium 3-4 | 398 | 154.00 | 613 | 7thin |
| Large 2-3 | 861 | 129.14 | 1,112 | 21 |
| Class | Grade | Dressing | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|---|---|
| Bulls | — | High | 1,893 | 113.32 | 2,145 | 27 |
| Cows | Breaker 75-80% | Average | 1,731 | 100.80 | 1,745 | 13 |
| Cows | Boner 80-85% | Average | 1,395 | 96.94 | 1,353 | 300 |
| Cows | Lean 85-90% | Very Low | 1,293 | 92.77 | 1,199 | 281 |
| Class | Grade / description | Weight | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Heifers | Medium and Large 1-2 | — | 678 | 153.50/cwt | 153.50–153.50 | 1,041 | 10 |
| Heifers | Small and Medium 3-4 | — | 398 | 154.00/cwt | 154.00–154.00 | 613 | 7 |
| Heifers | Large 2-3 | — | 805 | 132.00/cwt | 132.00–132.00 | 1,063 | 9 |
| Steers | Large 1 | — | 866 | 156.00/cwt | 156.00–156.00 | 1,351 | 6 |
| Steers | Medium and Large 1-2 | — | 693 | 165.00/cwt | 165.00–165.00 | 1,143 | 5 |
| Steers | Medium and Large 1-2 | — | 714 | 139.00/cwt | 139.00–139.00 | 992 | 6 |
| Steers | Large 1 | — | 756 | 170.50/cwt | 170.50–170.50 | 1,289 | 10 |
| Steers | Medium and Large 1-2 | — | 603 | 170.00/cwt | 170.00–170.00 | 1,025 | 7 |
| Steers | Large 2-3 | — | 844 | 137.00/cwt | 137.00–137.00 | 1,156 | 6 |
| Heifers | Medium and Large 1-2 | — | 577 | 162.00/cwt | 160.00–165.00 | 935 | 27 |
| Heifers | Large 2-3 | — | 903 | 127.00/cwt | 127.00–127.00 | 1,147 | 12 |
| Bulls | — | — | 1,670 | 121.93/cwt | 121.00–122.50 | 2,036 | 3 |
| Bulls | — | — | 1,985 | 116.84/cwt | 110.00–120.50 | 2,319 | 13 |
| Bulls | — | — | 1,845 | 106.80/cwt | 100.00–110.00 | 1,970 | 11 |
| Cows | Boner 80-85%Certified Prgms | — | 1,225 | 102.93/cwt | 101.75–104.75 | 1,261 | 15 |
| Cows | Lean 85-90%Light Weight | — | 1,057 | 80.76/cwt | 76.00–84.00 | 854 | 21 |
| Cows | Boner 80-85%Return to Feed | — | 1,243 | 110.00/cwt | 110.00–110.00 | 1,367 | 5 |
| Cows | Boner 80-85% | — | 1,455 | 99.13/cwt | 96.00–101.50 | 1,442 | 145 |
| Cows | Boner 80-85% | — | 1,356 | 93.44/cwt | 90.00–96.00 | 1,267 | 135 |
| Cows | Breaker 75-80% | — | 1,731 | 100.80/cwt | 99.50–103.00 | 1,745 | 13 |
| Cows | Lean 85-90% | — | 1,315 | 96.68/cwt | 94.00–98.00 | 1,271 | 135 |
| Cows | Lean 85-90% | — | 1,308 | 90.57/cwt | 85.50–94.00 | 1,185 | 125 |
Compared to last Thursday, not enough stocker or feeder cattle this week for accurate trends. Most offerings today where small lots and singles. Buyer attendance was light ringside. Internet buyers where active. CME Feeder cattle prices rallied into the close and ended just off the day's highs with 32 to 55 cent gains. The CME Feeder Cattle Index was $170.67 on 7/20 after another $1.75 drop. Slaughter cows uneven boner cows and bulls steady. Lean cows weak. Trade active with good demand. Weekly beef bookings were 23,800 MT according to the Export Sales report. That was 97% above the 4-week average. South Korea was the top buyer with 7.7k MT, though China also added 3.1k MT to the books. Beef exports were 19,600 MT, including 5.8k to Japan, 5.5k MT to South Korea, and 3.3k MT to China. Accumulated shipments reached 518,475 MT through 7/14.
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 10 | — | 678 | 153.50 | 153.50 |
| 27 | — | 577 | 160.00–165.00 | 162.00 |
| Heifers — Small and Medium 3-4$ per cwt · actual wt | ||||
| 7 | — | 398 | 154.00 | 154.00 |
| Heifers — Large 2-3$ per cwt · actual wt | ||||
| 9 | — | 805 | 132.00 | 132.00 |
| 12 | — | 903 | 127.00 | 127.00 |
| Steers — Large 1$ per cwt · actual wt | ||||
| 6 | — | 866 | 156.00 | 156.00 |
| 10 | — | 756 | 170.50 | 170.50 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 5 | — | 693 | 165.00 | 165.00 |
| 6 | — | 714 | 139.00 | 139.00 |
| 7 | — | 603 | 170.00 | 170.00 |
| Steers — Large 2-3$ per cwt · actual wt | ||||
| 6 | — | 844 | 137.00 | 137.00 |
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Bulls$ per cwt · actual wt | ||||
| 3 | — | 1,670 | 121.00–122.50 | 121.93 |
| 13 | — | 1,985 | 110.00–120.50 | 116.84 |
| 11 | — | 1,845 | 100.00–110.00 | 106.80 |
| Cows — Boner 80-85% · Certified Prgms$ per cwt · actual wt | ||||
| 15 | — | 1,225 | 101.75–104.75 | 102.93 |
| Cows — Lean 85-90% · Light Weight$ per cwt · actual wt | ||||
| 21 | — | 1,057 | 76.00–84.00 | 80.76 |
| Cows — Boner 80-85% · Return to Feed$ per cwt · actual wt | ||||
| 5 | — | 1,243 | 110.00 | 110.00 |
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| 145 | — | 1,455 | 96.00–101.50 | 99.13 |
| 135 | — | 1,356 | 90.00–96.00 | 93.44 |
| Cows — Breaker 75-80%$ per cwt · actual wt | ||||
| 13 | — | 1,731 | 99.50–103.00 | 100.80 |
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| 135 | — | 1,315 | 94.00–98.00 | 96.68 |
| 125 | — | 1,308 | 85.50–94.00 | 90.57 |