Compared to last Thursday, not enough stocker or feeder cattle for accurate trends. Feeder cattle futures are trading higher through midday with gains of as much as 67 cents so far. The CME Feeder Cattle Index for 12/20 was 13 cents higher to $178.14. Slaughter cows 9.00-13.00 higher. Slaughter bulls firm. Trade very active with very good demand. Weekly FAS data showed 4,518 MT of beef was sold for '22 export during the week that ended 12/15. Japan was the top buyer with 3.5k MT for 2022 delivery, and 2.6k MT for 2023 delivery. The week's total 2023 sales were 7.2k MT for a forward book of 50,889 MT. That trails last year's forward book by 18%.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium and Large 2-3 | 626 | 116.58 | 730 | 39 |
| Class | Grade | Dressing | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|---|---|
| Bulls | — | Average | 1,843 | 100.43 | 1,851 | 31 |
| Cows | Boner 80-85% | Average | 1,348 | 76.76 | 1,035 | 171 |
| Cows | Lean 85-90% | Average | 1,275 | 75.05 | 957 | 144 |
| Class | Grade / description | Weight | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Cows | Lean 85-90% | — | 1,367 | 81.12/cwt | 78.00–83.00 | 1,109 | 75 |
| Cows | Boner 80-85% | — | 1,479 | 81.27/cwt | 77.00–84.00 | 1,202 | 78 |
| Cows | Boner 80-85%Light Weight | — | 1,250 | 61.60/cwt | 58.00–64.00 | 770 | 30 |
| Cows | Boner 80-85%Certified Prgms | — | 1,159 | 88.00/cwt | 88.00–88.00 | 1,020 | 5 |
| Cows | Boner 80-85%Certified Prgms | — | 1,259 | 84.75/cwt | 84.75–84.75 | 1,067 | 13 |
| Cows | Lean 85-90% | — | 1,267 | 73.61/cwt | 68.00–78.00 | 933 | 45 |
| Cows | Boner 80-85% | — | 1,233 | 75.51/cwt | 74.00–77.00 | 931 | 45 |
| Cows | Lean 85-90%Light Weight | — | 1,000 | 58.80/cwt | 54.00–62.00 | 588 | 24 |
| Bulls | — | — | 1,800 | 102.76/cwt | 102.50–103.00 | 1,850 | 20 |
| Bulls | — | — | 1,818 | 87.44/cwt | 85.50–90.00 | 1,590 | 5 |
| Bulls | — | — | 2,007 | 103.50/cwt | 103.50–103.50 | 2,077 | 6 |
| Steers | Medium and Large 2-3 | — | 658 | 119.50/cwt | 119.50–119.50 | 786 | 27 |
| Steers | Medium and Large 2-3 | — | 554 | 110.00/cwt | 110.00–110.00 | 609 | 12 |
| Heifers | Medium and Large 2-3 | — | 428 | 340.00/head | 340.00–340.00 | 340 | 5 |
| Heifers | Small and Medium 2-3 | — | 470 | 82.50/cwt | 82.50–82.50 | 388 | 9 |
| Heifers | Medium and Large 1-2 | — | 560 | 149.00/cwt | 149.00–149.00 | 834 | 6 |
| Dairy Heifers | Large 3 | — | 908 | 101.00/cwt | 101.00–101.00 | 917 | 8 |
| Dairy Heifers | Large 3 | — | 727 | 90.00/cwt | 90.00–90.00 | 654 | 14 |
| Bulls | Medium and Large 1-2 | — | 498 | 160.00/cwt | 160.00–160.00 | 797 | 5 |
Compared to last Thursday, not enough stocker or feeder cattle for accurate trends. Feeder cattle futures are trading higher through midday with gains of as much as 67 cents so far. The CME Feeder Cattle Index for 12/20 was 13 cents higher to $178.14. Slaughter cows 9.00-13.00 higher. Slaughter bulls firm. Trade very active with very good demand. Weekly FAS data showed 4,518 MT of beef was sold for '22 export during the week that ended 12/15. Japan was the top buyer with 3.5k MT for 2022 delivery, and 2.6k MT for 2023 delivery. The week's total 2023 sales were 7.2k MT for a forward book of 50,889 MT. That trails last year's forward book by 18%.
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| 75 | — | 1,367 | 78.00–83.00 | 81.12 |
| 45 | — | 1,267 | 68.00–78.00 | 73.61 |
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| 78 | — | 1,479 | 77.00–84.00 | 81.27 |
| 45 | — | 1,233 | 74.00–77.00 | 75.51 |
| Cows — Boner 80-85% · Light Weight$ per cwt · actual wt | ||||
| 30 | — | 1,250 | 58.00–64.00 | 61.60 |
| Cows — Boner 80-85% · Certified Prgms$ per cwt · actual wt | ||||
| 5 | — | 1,159 | 88.00 | 88.00 |
| 13 | — | 1,259 | 84.75 | 84.75 |
| Cows — Lean 85-90% · Light Weight$ per cwt · actual wt | ||||
| 24 | — | 1,000 | 54.00–62.00 | 58.80 |
| Bulls$ per cwt · actual wt | ||||
| 20 | — | 1,800 | 102.50–103.00 | 102.76 |
| 5 | — | 1,818 | 85.50–90.00 | 87.44 |
| 6 | — | 2,007 | 103.50 | 103.50 |
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Steers — Medium and Large 2-3$ per cwt · actual wt | ||||
| 27 | — | 658 | 119.50 | 119.50 |
| 12 | — | 554 | 110.00 | 110.00 |
| Heifers — Medium and Large 2-3$ per head · actual wt | ||||
| 5 | — | 428 | 340.00 | 340.00 |
| Heifers — Small and Medium 2-3$ per cwt · actual wt | ||||
| 9 | — | 470 | 82.50 | 82.50 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 6 | — | 560 | 149.00 | 149.00 |
| Dairy Heifers — Large 3$ per cwt · actual wt | ||||
| 8 | — | 908 | 101.00 | 101.00 |
| 14 | — | 727 | 90.00 | 90.00 |
| Bulls — Medium and Large 1-2$ per cwt · actual wt | ||||
| 5 | — | 498 | 160.00 | 160.00 |