Compared to last week: Feeder steers and heifers 5.00 to 10.00 lower, instances to 12.00 lower on 750-800 lbs steers. Demand only moderate this week as the CME Live and Feeder Cattle futures contracts plummeted, making limit or nearly limit lower moves lower throughout the week. Cattle feeders and backgrounders want to buy cattle but too much uncertainty currently exists and is causing many to back away from the market. The feeder cattle market at the auctions can't fall quick enough to line up with the cattle futures. Cattle feeders were hoping for the futures to stabilize this week and now are greatly concerned as the summer and fall Live Cattle contracts are now below the 100.00 mark. Unless the market improves, large losses will be imminent on outgoing fed cattle which will be the second straight year of losses. Cattle feeders were banking on a good spring cash fed cattle market as Apr was just shy of 130.00 a month ago, now they are facing more losses. This has rattled the entire feeding sector. Packers have been able to hang onto their large margins as the boxed beef market was able to make gains of a few dollars during this time period while cash fed cattle plummeted.
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 16 | — | 924 | 92.00–108.00 | 99.11 |
| 35 | — | 618 | 118.00–128.75 | 122.41 |
| 65 | — | 685 | 117.50–121.00 | 118.78 |
| 6 | — | 541 | 127.00 | 127.00 |
| 24 | — | 741 | 107.50–111.00 | 108.59 |
| 51 | — | 580 | 122.50–130.00 | 126.87 |
| 33 | — | 486 | 127.00–134.00 | 132.61 |
| 24 | — | 410 | 137.50–146.00 | 139.01 |
| Heifers — Medium and Large 1$ per cwt · actual wt | ||||
| 212 | — | 618 | 127.00–142.50 | 135.65 |
| 240 | — | 779 | 111.25–119.50 | 115.75 |
| 38 | — | 873 | 112.00–116.00 | 114.57 |
| 10 | — | 961 | 103.00 | 103.00 |
| 14 | — | 385 | 146.00–149.00 | 147.22 |
| 342 | — | 572 | 133.75–152.50 | 144.93 |
| 507 | — | 678 | 118.25–133.50 | 126.73 |
| 53 | — | 924 | 97.00–98.25 | 97.64 |
| 121 | — | 821 | 108.00–117.00 | 112.60 |
| 170 | — | 726 | 114.00–126.00 | 119.22 |
| 165 | — | 531 | 134.50–150.00 | 144.47 |
| 146 | — | 482 | 139.00–152.00 | 146.14 |
| 64 | — | 431 | 145.50–160.00 | 153.01 |
| Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt | ||||
| 115 | — | 714 | 127.00–129.00 | 127.81 |
| 64 | — | 772 | 141.00–147.00 | 142.42 |
| 16 | — | 882 | 925.00–985.00 | 962.74 |
| 17 | — | 691 | 1,085.00 | 1,085.00 |
| 45 | — | 728 | 985.00–1,075.00 | 1,020.85 |
| 24 | — | 806 | 114.00–116.00 | 115.17 |
| Heifers — Medium and Large 2-3$ per cwt · actual wt | ||||
| 4 | — | 547 | 115.00 | 115.00 |
| Heifers — Large 1$ per cwt · actual wt | ||||
| 8 | — | 1,091 | 93.00 | 93.00 |
| Heifers — Medium and Large 1-2 · Replacement$ per cwt · actual wt | ||||
| 29 | — | 797 | 128.50 | 128.50 |
| Steers — Medium and Large 1$ per cwt · actual wt | ||||
| 39 | — | 377 | 178.00–188.00 | 182.04 |
| 94 | — | 466 | 159.00–182.00 | 173.32 |
| 153 | — | 539 | 160.00–177.50 | 165.26 |
| 178 | — | 717 | 129.50–144.50 | 139.90 |
| 248 | — | 577 | 140.50–166.50 | 158.44 |
| 365 | — | 625 | 145.50–162.00 | 152.94 |
| 429 | — | 820 | 113.50–129.25 | 125.20 |
| 548 | — | 678 | 137.50–150.50 | 144.45 |
| 688 | — | 780 | 120.20–135.50 | 128.10 |
| 297 | — | 922 | 116.75–120.50 | 118.41 |
| 113 | — | 962 | 111.00–118.75 | 115.31 |
| 138 | — | 868 | 118.00–122.00 | 119.74 |
| 56 | — | 424 | 162.00–185.50 | 181.26 |
| Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt | ||||
| 14 | — | 793 | 124.00 | 124.00 |
| Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt | ||||
| 3 | — | 376 | 176.00 | 176.00 |
| 18 | — | 518 | 171.00–173.00 | 171.76 |
| Steers — Medium and Large 2-3$ per cwt · actual wt | ||||
| 5 | — | 646 | 130.00 | 130.00 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 32 | — | 527 | 142.50–156.00 | 149.02 |
| 22 | — | 484 | 151.00–164.00 | 160.65 |
| 64 | — | 621 | 132.50–148.00 | 139.59 |
| 74 | — | 676 | 117.50–137.00 | 131.67 |
| 15 | — | 734 | 130.00 | 130.00 |
| 14 | — | 597 | 145.50 | 145.50 |
| Steers — Large 1$ per cwt · actual wt | ||||
| 5 | — | 1,145 | 102.00 | 102.00 |
| 8 | — | 1,011 | 103.00 | 103.00 |
| 9 | — | 1,166 | 101.00 | 101.00 |