Compared to last Thursday, stocker and feeder cattle firm in a light test. Feeder cattle futures are slipping lower so far on Thursday, with contracts another 77 cents to $2.50 in the red. The CME Feeder Cattle Index was back down 99 cents at $372.00 on October 21. Slaughter cows steady to 7.00 higher. Best demand for beef type feeder cows. Slaughter bulls weak. Bred cows sold with an April 1, 2026 cutoff for calving. Trade very active with very good demand. On Thursday morning, the White House raised the tariff rate quota on Argentina beef imports to 80,000 MT from the 20,000 MT level as previously expected. Later in the day on Wednesday, USDA also released plans to help expand the US herd, in part by opening up more federal lands for grazing.
| Frame / muscle | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|
| Medium and Large 1-2 | 558 | 445.00 | 2,483 | 7thin |
| Class | Grade | Dressing | Avg wt | $/cwt | $/head | Head |
|---|---|---|---|---|---|---|
| Bulls | — | Low | 1,988 | 169.15 | 3,363 | 17 |
| Cows | Lean 85-90% | Low | 1,112 | 169.78 | 1,887 | 271 |
| Cows | Boner 80-85% | Low | 1,355 | 160.38 | 2,173 | 169 |
| Cows | Breaker 75-80% | Average | 1,593 | 154.00 | 2,453 | 4thin |
| Dairy Bulls | — | Low | 1,377 | 152.50 | 2,100 | 3thin |
| Dairy Cows | Boner 80-85% | Low | 1,876 | 157.04 | 2,945 | 124 |
| Dairy Cows | Lean 85-90% | Low | 1,253 | 145.24 | 1,819 | 190 |
| Class | Stage | Age | Avg wt | $/head | Head |
|---|---|---|---|---|---|
| Bred Cows | 2nd Stage (4-6 mo) | Young (2-4 yrs) | 998 | $3,958 | 11 |
| Bred Cows | 2nd Stage (4-6 mo) | Middle Aged (5-8 yrs) | 1,311 | $2,953 | 30 |
| Bred Cows | 1st Stage (1-3 mo) | Young (2-4 yrs) | 1,112 | $2,500 | 9 |
| Bred Cows | 2nd Stage (4-6 mo) | Middle Aged/Aged (>5 yrs) | 1,362 | $2,376 | 17 |
| Bred Cows | 1st/2nd Stage (1-6 mo) | Middle Aged/Aged (>5 yrs) | 1,144 | $2,375 | 5 |
| Bred Cows | 2nd Stage (4-6 mo) | Aged (>8 yrs) | 1,295 | $2,238 | 29 |
| Bred Cows | 1st/2nd Stage (1-6 mo) | Aged (>8 yrs) | 1,144 | $2,100 | 6 |
| Cow-Calf Pairs | Open | Middle Aged (5-8 yrs) | 1,411 | $3,000 | 7 |
| Class | Grade / description | Weight | Avg wt | Price | Range | Per head | Head |
|---|---|---|---|---|---|---|---|
| Bred Cows | Medium and Large 1-2 | — | 1,144 | 2,375.00/head | 2,375.00–2,375.00 | 2,375 | 5 |
| Bred Cows | Medium and Large 1-2 | — | 1,362 | 2,375.98/head | 2,250.00–2,525.00 | 2,376 | 17 |
| Steers | Medium and Large 1-2 | 400–450 | 415 | 460.00/cwt | 460.00–460.00 | 1,909 | 6 |
| Beef/Dairy Heifers | Medium and Large 3-4 | 700–750 | 700 | 328.00/cwt | 328.00–328.00 | 2,296 | 5 |
| Dairy Heifers | Medium and Large 3-4 | 900–950 | 929 | 260.00/cwt | 260.00–260.00 | 2,415 | 17 |
| Heifers | Medium and Large 1-2 | 550–600 | 576 | 370.00/cwt | 370.00–370.00 | 2,131 | 5 |
| Steers | Medium and Large 1-2 | 600–650 | 638 | 380.80/cwt | 375.00–387.50 | 2,430 | 27 |
| Steers | Medium and Large 1-2 | 550–600 | 558 | 445.00/cwt | 445.00–445.00 | 2,483 | 7 |
| Heifers | Medium and Large 1-2 | 650–700 | 650 | 325.00/cwt | 325.00–325.00 | 2,113 | 5 |
| Heifers | Medium and Large 1-2 | 600–650 | 623 | 352.50/cwt | 352.50–352.50 | 2,196 | 5 |
| Heifers | Medium and Large 1-2 | 500–550 | 547 | 411.00/cwt | 411.00–411.00 | 2,248 | 17 |
| Heifers | Medium and Large 1-2 | 450–500 | 490 | 415.00/cwt | 415.00–415.00 | 2,034 | 6 |
| Cow-Calf Pairs | Medium and Large 1-2 | — | 1,411 | 3,000.00/head | 3,000.00–3,000.00 | 3,000 | 7 |
| Bred Cows | Medium and Large 1-2 | — | 998 | 3,957.85/head | 3,900.00–4,000.00 | 3,958 | 11 |
| Steers | Small and Medium 1-2 | 400–450 | 449 | 430.00/cwt | 430.00–430.00 | 1,931 | 5 |
| Heifers | Small and Medium 1-2 | 550–600 | 594 | 352.50/cwt | 352.50–352.50 | 2,094 | 5 |
| Dairy Heifers | Small 4 | 850–900 | 874 | 150.00/cwt | 150.00–150.00 | 1,311 | 7 |
| Dairy Heifers | Small 4 | 950–1000 | 999 | 157.00/cwt | 157.00–157.00 | 1,568 | 8 |
| Dairy Heifers | Small 4 | 800–850 | 830 | 155.00/cwt | 155.00–155.00 | 1,287 | 24 |
| Dairy Heifers | Small 4 | 750–800 | 776 | 143.00/cwt | 143.00–143.00 | 1,110 | 11 |
| Dairy Heifers | Small and Medium 3-4 | 750–800 | 758 | 280.00/cwt | 280.00–280.00 | 2,122 | 7 |
| Dairy Cows | Lean 85-90% | — | 1,477 | 143.80/cwt | 143.00–144.50 | 2,124 | 12 |
| Dairy Cows | Lean 85-90% | — | 1,313 | 154.77/cwt | 152.00–157.00 | 2,032 | 100 |
| Cows | Lean 85-90% | — | 1,128 | 153.10/cwt | 150.00–155.00 | 1,727 | 13 |
| Cows | Lean 85-90% | — | 1,176 | 166.00/cwt | 160.00–169.50 | 1,952 | 110 |
| Cows | Breaker 75-80% | — | 1,593 | 154.00/cwt | 154.00–154.00 | 2,453 | 4 |
| Cows | Boner 80-85%Return to Feed | — | 1,345 | 164.33/cwt | 162.00–166.50 | 2,210 | 14 |
| Cows | Lean 85-90%Return to Feed | — | 896 | 191.56/cwt | 180.00–201.00 | 1,716 | 47 |
| Dairy Cows | Lean 85-90%Light Weight | — | 1,187 | 129.62/cwt | 124.00–133.50 | 1,539 | 41 |
| Bulls | — | — | 2,051 | 162.05/cwt | 159.00–165.00 | 3,324 | 10 |
| Cows | Lean 85-90% | — | 1,155 | 137.55/cwt | 135.00–140.00 | 1,589 | 18 |
| Dairy Cows | Lean 85-90% | — | 1,089 | 137.24/cwt | 135.00–139.00 | 1,495 | 37 |
| Cows | Boner 80-85% | — | 1,467 | 146.44/cwt | 140.00–151.00 | 2,148 | 23 |
| Cows | Boner 80-85% | — | 1,480 | 137.00/cwt | 137.00–137.00 | 2,028 | 7 |
| Cows | Boner 80-85% | — | 1,333 | 163.01/cwt | 160.00–165.00 | 2,173 | 121 |
| Dairy Cows | Boner 80-85% | — | 1,769 | 150.65/cwt | 147.00–153.50 | 2,665 | 12 |
| Cows | Boner 80-85%Return to Feed | — | 1,178 | 188.00/cwt | 188.00–188.00 | 2,215 | 4 |
| Dairy Bulls | — | — | 1,377 | 152.50/cwt | 152.50–152.50 | 2,100 | 3 |
| Cows | Lean 85-90%Return to Feed | — | 1,168 | 166.08/cwt | 160.00–175.00 | 1,940 | 30 |
| Steers | Large 1 | 700–750 | 717 | 375.50/cwt | 375.50–375.50 | 2,692 | 10 |
| Steers | Large 1 | 1100–1150 | 1,113 | 226.00/cwt | 226.00–226.00 | 2,515 | 16 |
| Bulls | Large 1 | 700–750 | 729 | 300.00/cwt | 300.00–300.00 | 2,187 | 9 |
| Bulls | — | — | 1,899 | 179.30/cwt | 172.00–182.50 | 3,405 | 7 |
| Cows | Lean 85-90%Return to Feed | — | 1,118 | 175.44/cwt | 170.00–183.00 | 1,961 | 53 |
| Dairy Cows | Boner 80-85% | — | 1,887 | 157.72/cwt | 155.50–160.50 | 2,976 | 112 |
| Dairy Heifers | Large 3 | 1000–1050 | 1,035 | 257.28/cwt | 248.00–260.00 | 2,663 | 49 |
| Dairy Heifers | Large 3-4 | 1000–1050 | 1,022 | 243.00/cwt | 243.00–243.00 | 2,483 | 10 |
| Dairy Heifers | Large 3-4 | 950–1000 | 959 | 245.00/cwt | 245.00–245.00 | 2,350 | 5 |
| Dairy Heifers | Large 3-4 | 1050–1100 | 1,083 | 235.00/cwt | 235.00–235.00 | 2,545 | 5 |
| Dairy Heifers | Large 3 | 1100–1150 | 1,112 | 239.00/cwt | 239.00–239.00 | 2,658 | 20 |
| Dairy Heifers | Large 3 | 1250–1300 | 1,297 | 230.00/cwt | 230.00–230.00 | 2,983 | 10 |
| Bred Cows | Medium and Large 1-2 | — | 1,112 | 2,500.00/head | 2,500.00–2,500.00 | 2,500 | 9 |
| Bred Cows | Medium and Large 1-2 | — | 1,311 | 2,953.02/head | 2,650.00–3,275.00 | 2,953 | 30 |
| Bred Cows | Medium and Large 1-2 | — | 1,144 | 2,100.00/head | 2,100.00–2,100.00 | 2,100 | 6 |
| Bred Cows | Medium and Large 1-2Broken Mouth | — | 1,295 | 2,237.79/head | 1,900.00–2,400.00 | 2,238 | 29 |
Compared to last Thursday, stocker and feeder cattle firm in a light test. Feeder cattle futures are slipping lower so far on Thursday, with contracts another 77 cents to $2.50 in the red. The CME Feeder Cattle Index was back down 99 cents at $372.00 on October 21. Slaughter cows steady to 7.00 higher. Best demand for beef type feeder cows. Slaughter bulls weak. Bred cows sold with an April 1, 2026 cutoff for calving. Trade very active with very good demand. On Thursday morning, the White House raised the tariff rate quota on Argentina beef imports to 80,000 MT from the 20,000 MT level as previously expected. Later in the day on Wednesday, USDA also released plans to help expand the US herd, in part by opening up more federal lands for grazing.
| Age | Stage | Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|---|---|
| Bred Cows — Medium and Large 1-2$ per head · actual wt | ||||||
| Middle Aged/Aged (>5 yrs) | 1st/2nd Stage (1-6 mo) | 5 | — | 1,144 | 2,375.00 | 2,375.00 |
| Middle Aged/Aged (>5 yrs) | 2nd Stage (4-6 mo) | 17 | — | 1,362 | 2,250.00–2,525.00 | 2,375.98 |
| Young (2-4 yrs) | 2nd Stage (4-6 mo) | 11 | — | 998 | 3,900.00–4,000.00 | 3,957.85 |
| Young (2-4 yrs) | 1st Stage (1-3 mo) | 9 | — | 1,112 | 2,500.00 | 2,500.00 |
| Middle Aged (5-8 yrs) | 2nd Stage (4-6 mo) | 30 | — | 1,311 | 2,650.00–3,275.00 | 2,953.02 |
| Aged (>8 yrs) | 1st/2nd Stage (1-6 mo) | 6 | — | 1,144 | 2,100.00 | 2,100.00 |
| Bred Cows — Medium and Large 1-2 · Broken Mouth$ per head · actual wt | ||||||
| Aged (>8 yrs) | 2nd Stage (4-6 mo) | 29 | — | 1,295 | 1,900.00–2,400.00 | 2,237.79 |
| Cow-Calf Pairs — Medium and Large 1-2$ per head · actual wt | ||||||
| Middle Aged (5-8 yrs) | Open | 7 | — | 1,411 | 3,000.00 | 3,000.00 |
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 6 | 400–450 | 415 | 460.00 | 460.00 |
| 7 | 550–600 | 558 | 445.00 | 445.00 |
| 27 | 600–650 | 638 | 375.00–387.50 | 380.80 |
| Steers — Small and Medium 1-2$ per cwt · actual wt | ||||
| 5 | 400–450 | 449 | 430.00 | 430.00 |
| Steers — Large 1$ per cwt · actual wt | ||||
| 10 | 700–750 | 717 | 375.50 | 375.50 |
| 16 | 1100–1150 | 1,113 | 226.00 | 226.00 |
| Beef/Dairy Heifers — Medium and Large 3-4$ per cwt · actual wt | ||||
| 5 | 700–750 | 700 | 328.00 | 328.00 |
| Dairy Heifers — Medium and Large 3-4$ per cwt · actual wt | ||||
| 17 | 900–950 | 929 | 260.00 | 260.00 |
| Dairy Heifers — Small 4$ per cwt · actual wt | ||||
| 11 | 750–800 | 776 | 143.00 | 143.00 |
| 24 | 800–850 | 830 | 155.00 | 155.00 |
| 7 | 850–900 | 874 | 150.00 | 150.00 |
| 8 | 950–1000 | 999 | 157.00 | 157.00 |
| Dairy Heifers — Small and Medium 3-4$ per cwt · actual wt | ||||
| 7 | 750–800 | 758 | 280.00 | 280.00 |
| Dairy Heifers — Large 3$ per cwt · actual wt | ||||
| 49 | 1000–1050 | 1,035 | 248.00–260.00 | 257.28 |
| 20 | 1100–1150 | 1,112 | 239.00 | 239.00 |
| 10 | 1250–1300 | 1,297 | 230.00 | 230.00 |
| Dairy Heifers — Large 3-4$ per cwt · actual wt | ||||
| 5 | 950–1000 | 959 | 245.00 | 245.00 |
| 10 | 1000–1050 | 1,022 | 243.00 | 243.00 |
| 5 | 1050–1100 | 1,083 | 235.00 | 235.00 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 6 | 450–500 | 490 | 415.00 | 415.00 |
| 17 | 500–550 | 547 | 411.00 | 411.00 |
| 5 | 550–600 | 576 | 370.00 | 370.00 |
| 5 | 600–650 | 623 | 352.50 | 352.50 |
| 5 | 650–700 | 650 | 325.00 | 325.00 |
| Heifers — Small and Medium 1-2$ per cwt · actual wt | ||||
| 5 | 550–600 | 594 | 352.50 | 352.50 |
| Bulls — Large 1$ per cwt · actual wt | ||||
| 9 | 700–750 | 729 | 300.00 | 300.00 |
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Dairy Cows — Lean 85-90%$ per cwt · actual wt | ||||
| 12 | — | 1,477 | 143.00–144.50 | 143.80 |
| 100 | — | 1,313 | 152.00–157.00 | 154.77 |
| 37 | — | 1,089 | 135.00–139.00 | 137.24 |
| Dairy Cows — Lean 85-90% · Light Weight$ per cwt · actual wt | ||||
| 41 | — | 1,187 | 124.00–133.50 | 129.62 |
| Dairy Cows — Boner 80-85%$ per cwt · actual wt | ||||
| 12 | — | 1,769 | 147.00–153.50 | 150.65 |
| 112 | — | 1,887 | 155.50–160.50 | 157.72 |
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| 13 | — | 1,128 | 150.00–155.00 | 153.10 |
| 110 | — | 1,176 | 160.00–169.50 | 166.00 |
| 18 | — | 1,155 | 135.00–140.00 | 137.55 |
| Cows — Breaker 75-80%$ per cwt · actual wt | ||||
| 4 | — | 1,593 | 154.00 | 154.00 |
| Cows — Boner 80-85% · Return to Feed$ per cwt · actual wt | ||||
| 14 | — | 1,345 | 162.00–166.50 | 164.33 |
| 4 | — | 1,178 | 188.00 | 188.00 |
| Cows — Lean 85-90% · Return to Feed$ per cwt · actual wt | ||||
| 47 | — | 896 | 180.00–201.00 | 191.56 |
| 30 | — | 1,168 | 160.00–175.00 | 166.08 |
| 53 | — | 1,118 | 170.00–183.00 | 175.44 |
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| 23 | — | 1,467 | 140.00–151.00 | 146.44 |
| 7 | — | 1,480 | 137.00 | 137.00 |
| 121 | — | 1,333 | 160.00–165.00 | 163.01 |
| Bulls$ per cwt · actual wt | ||||
| 10 | — | 2,051 | 159.00–165.00 | 162.05 |
| 7 | — | 1,899 | 172.00–182.50 | 179.30 |
| Dairy Bulls$ per cwt · actual wt | ||||
| 3 | — | 1,377 | 152.50 | 152.50 |