Compared to last Thursday, not enough stocker or feeder cattle this week for accurate trends. Feeder cattle futures were 1.4% to 1.6% higher on triple digit gains of as much as $3.80. The CME Feeder Cattle Index was 7 cents lower on 4/05 to $193.22. Slaughter cows and bulls steady. Trade active with good demand. Weekly USDA data showed 13,458 MT of beef export sales for the week that ended 3/30. That was up 20% for the week, but was still 2.4k under the 3-week average. South Korea was the top buyer. Accumulated beef commitments were 359.5k MT as of 3/30.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium and Large 1-2 | 483 | 225.69 | 1,090 | 24 |
| Small and Medium 1-2 | 475 | 208.07 | 987 | 17thin |
| Large 1 | 703 | 190.00 | 1,336 | 19thin |
| Large 1-2 | 733 | 175.00 | 1,283 | 15thin |
| Medium and Large 2-3 | 566 | 173.60 | 983 | 34 |
| Class | Grade | Dressing | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|---|---|
| Bulls | — | Average | 1,767 | 125.96 | 2,225 | 15 |
| Cows | Premium White 65-75% | Average | 1,867 | 99.75 | 1,862 | 15 |
| Cows | Lean 85-90% | Low | 1,280 | 97.57 | 1,249 | 380 |
| Cows | Boner 80-85% | Very Low | 1,551 | 96.28 | 1,494 | 505 |
| Class | Stage | Age | Avg wt | $/head | Head |
|---|---|---|---|---|---|
| Bred Heifers | 3rd Stage (7-9 mo) | Young (2-4 yrs) | 843 | $1,075 | 5 |
| Class | Grade / description | Weight | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Heifers | Medium and Large 2-3 | — | 566 | 173.60/cwt | 170.00–195.00 | 983 | 34 |
| Heifers | Small and Medium 1-2 | — | 538 | 202.50/cwt | 202.50–202.50 | 1,089 | 6 |
| Steers | Large 1 | — | 894 | 155.00/cwt | 155.00–155.00 | 1,386 | 8 |
| Steers | Medium and Large 1-2 | — | 616 | 252.00/cwt | 252.00–252.00 | 1,552 | 7 |
| Heifers | Medium and Large 1-2 | — | 623 | 225.00/cwt | 225.00–225.00 | 1,402 | 8 |
| Heifers | Large 1 | — | 703 | 190.00/cwt | 190.00–190.00 | 1,336 | 19 |
| Dairy Heifers | Large 3 | — | 1,423 | 129.00/cwt | 129.00–129.00 | 1,836 | 5 |
| Steers | Small and Medium 2-3 | — | 647 | 165.00/cwt | 165.00–165.00 | 1,068 | 5 |
| Steers | Medium and Large 2-3 | — | 521 | 237.50/cwt | 237.50–237.50 | 1,237 | 6 |
| Steers | Large 1-2 | — | 690 | 205.00/cwt | 205.00–205.00 | 1,415 | 5 |
| Steers | Small and Medium 2-3 | — | 436 | 195.00/cwt | 195.00–195.00 | 850 | 9 |
| Dairy Heifers | Small and Medium 3-4 | — | 397 | 400.00/head | 400.00–400.00 | 400 | 20 |
| Heifers | Small and Medium 1-2 | — | 440 | 211.11/cwt | 210.00–212.00 | 929 | 11 |
| Heifers | Large 1-2 | — | 733 | 175.00/cwt | 175.00–175.00 | 1,283 | 15 |
| Heifers | Medium and Large 1-2 | — | 413 | 226.04/cwt | 217.50–230.00 | 934 | 16 |
| Steers | Small and Medium 2-3 | — | 531 | 189.00/cwt | 189.00–189.00 | 1,004 | 10 |
| Dairy Heifers | Small and Medium 3-4 | — | 337 | 300.00/head | 300.00–300.00 | 300 | 10 |
| Bred Heifers | Small and Medium 4 | — | 843 | 1,075.00/head | 1,075.00–1,075.00 | 1,075 | 5 |
| Bulls | — | — | 1,850 | 116.97/cwt | 113.00–120.00 | 2,164 | 6 |
| Bulls | — | — | 1,711 | 131.95/cwt | 130.50–134.00 | 2,258 | 9 |
| Cows | Boner 80-85%Light Weight | — | 1,162 | 89.52/cwt | 87.00–91.00 | 1,040 | 105 |
| Cows | Lean 85-90% | — | 1,254 | 94.44/cwt | 91.00–97.00 | 1,184 | 185 |
| Cows | Premium White 65-75% | — | 1,867 | 99.75/cwt | 95.00–102.00 | 1,862 | 15 |
| Cows | Boner 80-85% | — | 1,702 | 100.71/cwt | 98.00–103.00 | 1,714 | 205 |
| Cows | Boner 80-85% | — | 1,603 | 95.26/cwt | 92.00–98.00 | 1,527 | 195 |
| Cows | Lean 85-90% | — | 1,305 | 100.54/cwt | 97.00–103.00 | 1,312 | 195 |
Compared to last Thursday, not enough stocker or feeder cattle this week for accurate trends. Feeder cattle futures were 1.4% to 1.6% higher on triple digit gains of as much as $3.80. The CME Feeder Cattle Index was 7 cents lower on 4/05 to $193.22. Slaughter cows and bulls steady. Trade active with good demand. Weekly USDA data showed 13,458 MT of beef export sales for the week that ended 3/30. That was up 20% for the week, but was still 2.4k under the 3-week average. South Korea was the top buyer. Accumulated beef commitments were 359.5k MT as of 3/30.
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Heifers — Medium and Large 2-3$ per cwt · actual wt | ||||
| 34 | — | 566 | 170.00–195.00 | 173.60 |
| Heifers — Small and Medium 1-2$ per cwt · actual wt | ||||
| 6 | — | 538 | 202.50 | 202.50 |
| 11 | — | 440 | 210.00–212.00 | 211.11 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 8 | — | 623 | 225.00 | 225.00 |
| 16 | — | 413 | 217.50–230.00 | 226.04 |
| Heifers — Large 1$ per cwt · actual wt | ||||
| 19 | — | 703 | 190.00 | 190.00 |
| Heifers — Large 1-2$ per cwt · actual wt | ||||
| 15 | — | 733 | 175.00 | 175.00 |
| Steers — Large 1$ per cwt · actual wt | ||||
| 8 | — | 894 | 155.00 | 155.00 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 7 | — | 616 | 252.00 | 252.00 |
| Steers — Small and Medium 2-3$ per cwt · actual wt | ||||
| 5 | — | 647 | 165.00 | 165.00 |
| 9 | — | 436 | 195.00 | 195.00 |
| 10 | — | 531 | 189.00 | 189.00 |
| Steers — Medium and Large 2-3$ per cwt · actual wt | ||||
| 6 | — | 521 | 237.50 | 237.50 |
| Steers — Large 1-2$ per cwt · actual wt | ||||
| 5 | — | 690 | 205.00 | 205.00 |
| Dairy Heifers — Large 3$ per cwt · actual wt | ||||
| 5 | — | 1,423 | 129.00 | 129.00 |
| Dairy Heifers — Small and Medium 3-4$ per head · actual wt | ||||
| 20 | — | 397 | 400.00 | 400.00 |
| 10 | — | 337 | 300.00 | 300.00 |
| Age | Stage | Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|---|---|
| Bred Heifers — Small and Medium 4$ per head · actual wt | ||||||
| Young (2-4 yrs) | 3rd Stage (7-9 mo) | 5 | — | 843 | 1,075.00 | 1,075.00 |
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Bulls$ per cwt · actual wt | ||||
| 6 | — | 1,850 | 113.00–120.00 | 116.97 |
| 9 | — | 1,711 | 130.50–134.00 | 131.95 |
| Cows — Boner 80-85% · Light Weight$ per cwt · actual wt | ||||
| 105 | — | 1,162 | 87.00–91.00 | 89.52 |
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| 185 | — | 1,254 | 91.00–97.00 | 94.44 |
| 195 | — | 1,305 | 97.00–103.00 | 100.54 |
| Cows — Premium White 65-75%$ per cwt · actual wt | ||||
| 15 | — | 1,867 | 95.00–102.00 | 99.75 |
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| 205 | — | 1,702 | 98.00–103.00 | 100.71 |
| 195 | — | 1,603 | 92.00–98.00 | 95.26 |