Compared to last week: Feeder steers and heifers were too lightly tested last week to develop an accurate market trend, however higher
undertones were noticed on all weights and classes of feeder cattle. Demand was mostly moderate and improved significantly compared to
last week. Offerings were very light. CME positions have moved higher almost daily as demand from retailers has been outstanding. Boxed
beef prices saw a $35.88 rise in choice product while select rose $33.67 from the previous week. Feeder cattle futures as Thursdays
settlements showed the March contract at 130.80, April at 125.10, and May at 125.425, which is 13.72, 10.975 and 12.40 higher respectfully
from last Thursdays close to this Thursdays close. Market activity this week was mostly moderate. Weigh up cows sold on mostly good to very
good demand for mostly light offerings. Packers showed mostly very good demand for cows for immediate harvest. Boning and lean cows
sold mostly 3.00-5.00 higher. Breaking cows sold mostly 2.00-3.00 higher. Feeding cows sold mostly steady to 3.00 higher. Cow quality was
mostly average to attractive. Slaughter bulls sold mostly steady to 2.00 higher in a narrow comparison. Young age cows suitable to feed or rebreed sold mostly steady to 5.00 higher. Quality this week was mostly average to attractive. Demand improved this week led mostly by
feeding cow demand due to higher fed cattle prices.
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 2 | — | 470 | 170.00 | 170.00 |
| 3 | — | 412 | 186.00 | 186.00 |
| 15 | — | 564 | 156.50–162.50 | 159.73 |
| 1 | — | 640 | 153.00 | 153.00 |
| Steers — Large 1$ per cwt · actual wt | ||||
| 15 | — | 731 | 142.25 | 142.25 |
| Steers — Medium and Large 1$ per cwt · actual wt | ||||
| 3 | — | 448 | 187.50 | 187.50 |
| 25 | — | 495 | 184.75 | 184.75 |
| 29 | — | 682 | 146.50–154.00 | 147.25 |
| 106 | — | 529 | 182.00–185.00 | 182.32 |
| 82 | — | 578 | 167.00–173.00 | 167.78 |
| 113 | — | 627 | 152.00–167.50 | 166.28 |
| Bulls — Large 1-2$ per cwt · actual wt | ||||
| 1 | — | 1,050 | 84.50 | 84.50 |
| Bulls — Medium and Large 1-2$ per cwt · actual wt | ||||
| 1 | — | 940 | 87.00 | 87.00 |
| Bulls — Large 1$ per cwt · actual wt | ||||
| 3 | — | 1,003 | 103.00 | 103.00 |
| Heifers — Medium and Large 1$ per cwt · actual wt | ||||
| 17 | — | 429 | 172.00–183.50 | 178.89 |
| 37 | — | 665 | 136.50–144.50 | 137.15 |
| 64 | — | 542 | 156.50 | 156.50 |
| 97 | — | 562 | 154.00–159.00 | 157.99 |
| 13 | — | 716 | 125.50 | 125.50 |
| 14 | — | 471 | 163.00–169.00 | 164.38 |
| 120 | — | 617 | 144.00–145.00 | 144.15 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 4 | — | 533 | 154.00 | 154.00 |
| 5 | — | 685 | 129.00 | 129.00 |
| 6 | — | 396 | 175.00 | 175.00 |
| 4 | — | 404 | 153.00 | 153.00 |
| Age | Stage | Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|---|---|
| Stock Cows — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt | ||||||
| Young (2-4 yrs) | Open | 1 | — | 1,125 | 59.00 | 59.00 |
| Aged (>8 yrs) | Open | 26 | — | 1,053 | 58.50–59.00 | 58.88 |
| Stock Cows — Medium and Large 1$ per cwt · actual wt | ||||||
| Young (2-4 yrs) | Open | 72 | — | 1,115 | 64.50–80.00 | 70.18 |
| (<2 yrs) | Open | 93 | — | 1,002 | 71.00–100.50 | 86.11 |
| Middle Aged (5-8 yrs) | Open | 97 | — | 1,336 | 63.00–73.00 | 67.82 |
| Aged (>8 yrs) | Open | 75 | — | 1,338 | 64.75–70.50 | 66.16 |
| Stock Cows — Medium and Large 1-2$ per cwt · actual wt | ||||||
| (<2 yrs) | Open | 1 | — | 765 | 81.00 | 81.00 |
| Young (2-4 yrs) | Open | 1 | — | 880 | 64.00 | 64.00 |
| Bred Heifers — Medium and Large 1$ per cwt · actual wt | ||||||
| (<2 yrs) | 3rd Stage (7-9 mo) | 2 | — | 1,108 | 1,325.00 | 1,325.00 |
| Bred Cows — Medium and Large 1$ per cwt · actual wt | ||||||
| Aged (>8 yrs) | 3rd Stage (7-9 mo) | 7 | — | 1,348 | 1,150.00–1,300.00 | 1,205.95 |
| Young (2-4 yrs) | 3rd Stage (7-9 mo) | 9 | — | 1,418 | 1,325.00 | 1,325.00 |
| Bred Cows — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt | ||||||
| Aged (>8 yrs) | 3rd Stage (7-9 mo) | 5 | — | 1,248 | 850.00 | 850.00 |
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| 2 | — | 1,190 | 51.50–52.00 | 51.75 |
| 67 | — | 1,252 | 65.00–68.50 | 66.68 |
| 79 | — | 1,167 | 53.00–64.50 | 61.58 |
| 1 | — | 1,245 | 70.50 | 70.50 |
| Cows — Lean 85-90% · Light Weight$ per cwt · actual wt | ||||
| 7 | — | 947 | 55.00–60.00 | 56.89 |
| 1 | — | 830 | 44.00 | 44.00 |
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| 2 | — | 1,505 | 70.50 | 70.50 |
| 12 | — | 1,409 | 61.00–64.50 | 63.50 |
| 97 | — | 1,437 | 64.00–70.50 | 67.50 |
| Cows — Breaker 75-80%$ per cwt · actual wt | ||||
| 5 | — | 1,672 | 64.00–66.50 | 64.51 |
| 17 | — | 1,544 | 65.50–72.00 | 69.51 |
| Bulls$ per cwt · actual wt | ||||
| 3 | — | 2,123 | 93.00–95.50 | 94.72 |
| 16 | — | 1,652 | 79.00–91.00 | 85.96 |
| 17 | — | 1,647 | 65.00–80.50 | 77.63 |