Compared to last week: The best test for feeder steers was 700-749 lbs sold mostly 3.00-4.00 lower, all other weights were too lightly tested to develop an accurate market trend, however steady to lower undertones were noticed. Heifers 600-749 lbs sold mostly steady to 3.00 lower, all other weights of heifers were too lightly tested to trend, however steady to lower undertones were noticed. Quality this week was mixed from plain to attractive. Cattle were offered mostly in small packages and singles this week. Flesh conditions this week varied, however most offerings were in very light to light flesh; limited moderate plus to fleshy cattle were seen this week. Demand for feeder cattle was mostly light to moderate on light offerings. Grass cattle demand was lighter again this week as CME positions continue to struggle. CME positions from last Thursday through this Thursday saw the current May contract down 2.725 to settle at 136.25 while the August settled at 144.475, down 3.425. Market activity this week was mostly slow to moderate. Weigh up cows sold on mostly good demand this week for moderate to heavy offerings. Feeding buyers were the driver of the market this week as they showed very good demand for all ages and classes of cows. Packers showed need for cows throughout the week, however they were not able to pick many away from feeding buyers until late in the week when they had more a more competitive order. Cow meat continues to do well as demand for ground beef remains good and is entering its seasonal high. The cutter cow cutout was 171.45 as of yesterdays close. 90% lean trimmings continue to see good demand as these are used in making ground beef blends. Imported 90% lean continue to run at a premium to domestic product as tighter cow supplies and a herd rebuilding phase in Australia has tightened the supply of imported product. This has packers searching for lean grinding materials to fill needs that these tightened have created. Slaughter cows sold mostly 2.00-4.00 higher. Feeding cows sold mostly 2.00-5.00 higher. Slaughter bulls sold mostly steady to 2.00 higher. Notably, all cows and bulls were pushing fill this week with most showing moderate to heavy amounts of fill. 2-4 year old cows and heifers sold mostly 8.00-12.00 lower this week. Lighter feeding demand was the main driver of lower prices as buyers feeding for grade and yield took a massive step back as they adjusted to lower CME contract prices. Demand for wet bagged re-breed cows slipped slightly but remains moderate to good on high quality offerings.
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| 22 | — | 1,492 | 69.00–74.50 | 71.06 |
| 56 | — | 1,436 | 65.00–70.50 | 67.89 |
| 7 | — | 1,357 | 56.00–63.00 | 60.23 |
| Cows — Breaker 75-80%$ per cwt · actual wt | ||||
| 3 | — | 1,595 | 67.00–71.00 | 69.67 |
| 5 | — | 1,471 | 61.00–65.50 | 64.29 |
| 1 | — | 1,765 | 72.50 | 72.50 |
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| 8 | — | 1,293 | 68.50–71.50 | 70.09 |
| 67 | — | 1,147 | 54.00–65.50 | 58.56 |
| 12 | — | 1,183 | 46.00–53.50 | 49.36 |
| 38 | — | 1,214 | 64.00–69.00 | 65.52 |
| Cows — Lean 85-90% · Light Weight$ per cwt · actual wt | ||||
| 2 | — | 945 | 58.50–65.00 | 61.78 |
| 7 | — | 905 | 53.00–57.50 | 55.59 |
| 4 | — | 858 | 47.00–53.50 | 51.81 |
| Bulls$ per cwt · actual wt | ||||
| 53 | — | 1,922 | 83.50–93.00 | 88.04 |
| 35 | — | 1,585 | 70.50–83.50 | 79.51 |
| 1 | — | 1,600 | 86.50 | 86.50 |
| 18 | — | 2,050 | 92.50–98.50 | 94.68 |
| Bulls — Heavy Weight$ per cwt · actual wt | ||||
| 1 | — | 2,620 | 77.00 | 77.00 |
| Bulls — Canadian Origin$ per cwt · actual wt | ||||
| 2 | — | 1,663 | 83.50–84.00 | 83.76 |
| Bulls — Light Weight$ per cwt · actual wt | ||||
| 4 | — | 974 | 67.00–76.00 | 71.84 |
| Age | Stage | Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|---|---|
| Bred Cows — Medium and Large 1$ per cwt · actual wt | ||||||
| Young/Middle Aged (2-8 yrs) | 3rd Stage (7-9 mo) | 4 | — | 1,340 | 1,200.00 | 1,200.00 |
| Young (2-4 yrs) | 3rd Stage (7-9 mo) | 21 | — | 1,237 | 1,400.00–1,610.00 | 1,539.37 |
| Middle Aged (5-8 yrs) | 3rd Stage (7-9 mo) | 5 | — | 1,422 | 1,435.00 | 1,435.00 |
| Bred Cows — Medium and Large 1 · Broken Mouth$ per cwt · actual wt | ||||||
| Aged (>8 yrs) | 3rd Stage (7-9 mo) | 4 | — | 1,338 | 1,150.00 | 1,150.00 |
| Cow-Calf Pairs — Medium and Large 1$ per cwt · actual wt | ||||||
| Aged (>8 yrs) | Open | 4 | — | 1,706 | 1,600.00 | 1,600.00 |
| Middle Aged (5-8 yrs) | Open | 5 | — | 1,425 | 1,675.00 | 1,675.00 |
| Young (2-4 yrs) | Open | 12 | — | 1,181 | 1,725.00–1,800.00 | 1,733.25 |
| Young (2-4 yrs) | Open | 7 | — | 1,728 | 1,900.00 | 1,900.00 |
| Cow-Calf Pairs — Medium and Large 1 · Broken Mouth$ per cwt · actual wt | ||||||
| Aged (>8 yrs) | Open | 47 | — | 1,484 | 1,410.00–1,475.00 | 1,445.76 |
| Stock Cows — Medium and Large 1-2$ per cwt · actual wt | ||||||
| Middle Aged (5-8 yrs) | Open | 2 | — | 1,170 | 59.00–62.00 | 60.59 |
| (<2 yrs) | Open | 16 | — | 955 | 87.00–96.00 | 91.25 |
| Young (2-4 yrs) | Open | 5 | — | 896 | 66.00–82.00 | 76.09 |
| Young/Middle Aged (2-8 yrs) | Open | 28 | — | 1,155 | 58.00–65.00 | 63.88 |
| Aged (>8 yrs) | Open | 31 | — | 1,097 | 56.00–62.00 | 58.27 |
| Stock Cows — Medium and Large 1$ per cwt · actual wt | ||||||
| Young (2-4 yrs) | Open | 340 | — | 1,064 | 68.50–103.00 | 84.05 |
| Aged (>8 yrs) | Open | 277 | — | 1,246 | 61.00–71.50 | 65.28 |
| Middle Aged (5-8 yrs) | Open | 158 | — | 1,392 | 64.00–73.00 | 69.29 |
| (<2 yrs) | Open | 412 | — | 990 | 72.00–113.00 | 96.03 |
| Young/Middle Aged (2-8 yrs) | Open | 215 | — | 1,317 | 66.00–74.50 | 70.09 |
| Stock Cows — Medium 1-2$ per cwt · actual wt | ||||||
| (<2 yrs) | Open | 3 | — | 677 | 103.00 | 103.00 |
| Heifer Pairs — Medium 1$ per cwt · actual wt | ||||||
| (<2 yrs) | Open | 11 | — | 949 | 1,800.00–1,825.00 | 1,811.47 |
| Heifer Pairs — Medium and Large 1$ per cwt · actual wt | ||||||
| (<2 yrs) | Open | 65 | — | 1,120 | 1,850.00–1,925.00 | 1,898.22 |
| Bred Heifers — Medium and Large 1$ per cwt · actual wt | ||||||
| (<2 yrs) | 3rd Stage (7-9 mo) | 6 | — | 1,134 | 1,325.00–1,400.00 | 1,360.18 |
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt | ||||
| 10 | — | 871 | 126.50 | 126.50 |
| Steers — Large 1 · Fleshy$ per cwt · actual wt | ||||
| 4 | — | 1,016 | 120.50 | 120.50 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 2 | — | 948 | 121.00 | 121.00 |
| 13 | — | 626 | 151.00–159.00 | 153.61 |
| 18 | — | 690 | 143.50–148.00 | 145.20 |
| 3 | — | 830 | 131.50 | 131.50 |
| 2 | — | 860 | 129.00 | 129.00 |
| 4 | — | 530 | 157.00–169.00 | 163.06 |
| Steers — Medium and Large 1$ per cwt · actual wt | ||||
| 51 | — | 718 | 143.00–153.00 | 148.27 |
| 3 | — | 970 | 124.00 | 124.00 |
| 6 | — | 507 | 177.50–179.00 | 178.75 |
| 13 | — | 762 | 142.00–144.00 | 143.15 |
| 32 | — | 565 | 171.00–178.00 | 173.48 |
| 43 | — | 628 | 160.00–170.00 | 164.92 |
| 13 | — | 477 | 175.00–187.50 | 181.64 |
| Steers — Large 1$ per cwt · actual wt | ||||
| 5 | — | 1,081 | 115.00 | 115.00 |
| Steers — Medium and Large 1 · Full$ per cwt · actual wt | ||||
| 11 | — | 580 | 165.00 | 165.00 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 6 | — | 488 | 143.00–151.00 | 145.60 |
| 14 | — | 505 | 148.00 | 148.00 |
| 20 | — | 733 | 122.00–129.00 | 124.48 |
| 2 | — | 680 | 135.00 | 135.00 |
| 26 | — | 623 | 122.00–136.00 | 129.56 |
| 38 | — | 586 | 135.00–143.00 | 139.49 |
| Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt | ||||
| 9 | — | 950 | 111.00 | 111.00 |
| Heifers — Medium and Large 1 · Full$ per cwt · actual wt | ||||
| 7 | — | 847 | 119.00 | 119.00 |
| Heifers — Medium and Large 1$ per cwt · actual wt | ||||
| 21 | — | 460 | 155.50–156.00 | 155.55 |
| 18 | — | 521 | 150.00–151.00 | 150.40 |
| 38 | — | 720 | 128.50–135.00 | 132.92 |
| 39 | — | 571 | 145.00–146.00 | 145.92 |
| 50 | — | 628 | 138.00–146.25 | 142.62 |
| 73 | — | 665 | 134.00–144.00 | 140.87 |
| 84 | — | 766 | 124.50–127.00 | 125.59 |
| 2 | — | 100 | 175.00 | 175.00 |
| Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt | ||||
| 19 | — | 459 | 151.00 | 151.00 |
| Heifers — Medium and Large 1-2 · Fleshy$ per cwt · actual wt | ||||
| 6 | — | 901 | 113.00 | 113.00 |
| Bulls — Medium and Large 1$ per cwt · actual wt | ||||
| 2 | — | 945 | 116.00 | 116.00 |
| 9 | — | 485 | 173.00 | 173.00 |
| 2 | — | 788 | 125.00 | 125.00 |
| 1 | — | 200 | 375.00 | 375.00 |
| 3 | — | 120 | 275.00–325.00 | 290.28 |
| 1 | — | 510 | 179.00 | 179.00 |
| 4 | — | 603 | 145.00 | 145.00 |
| 6 | — | 993 | 117.00–118.00 | 117.50 |
| Bulls — Medium and Large 2$ per cwt · actual wt | ||||
| 4 | — | 575 | 143.00 | 143.00 |
| 8 | — | 541 | 145.00 | 145.00 |
| Bulls — Medium and Large 1-2$ per cwt · actual wt | ||||
| 2 | — | 428 | 167.50 | 167.50 |
| Bulls — Large 1$ per cwt · actual wt | ||||
| 1 | — | 1,020 | 113.00 | 113.00 |
| 12 | — | 1,080 | 105.00–111.00 | 107.84 |
| 14 | — | 1,142 | 108.00–113.00 | 111.93 |
| 15 | — | 1,168 | 105.00–106.00 | 105.20 |
| Dairy Steers — Large 3$ per cwt · actual wt | ||||
| 10 | — | 932 | 62.50 | 62.50 |