Compared to last week: Feeder steers and heifers steady to 3.00 higher. Very good demand for light calves and yearlings suitable to background on feed or grass, moderate to good demand for backgrounded yearlings. The market was very active on the light cattle this week as the feeder cattle marketing season winds down and these cattle soon won't be found, the market was not near as active on the heavier cattle that are bound for feedyards to be fed finishing rations. Cash fed cattle sales spiked up to 120.00 this week but the volume was very light as many cattle feeders still cannot secure a bid from any packer buyers. More plants are coming back online and daily slaughter totals are increasing, now above 100,000, yet there is a large backlog of market ready cattle and the daily kills are still nearly 20,000 lower than where they were last year. CME Live Cattle futures are not supportive to the feeder cattle market as June through October contracts are still below 100.00. Cattle feeders need to be able to sell their market ready cattle to make room for incoming replacements and coupled with the weak futures complex is causing them to be very cautious in their pursuit of feeder cattle.
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Heifers — Medium and Large 1$ per cwt · actual wt | ||||
| 76 | — | 827 | 110.50–115.25 | 114.11 |
| 64 | — | 527 | 129.00–140.00 | 135.58 |
| 66 | — | 878 | 104.00–108.50 | 106.38 |
| 154 | — | 673 | 129.00–138.00 | 133.34 |
| 228 | — | 777 | 113.00–126.00 | 117.49 |
| 29 | — | 439 | 138.50–150.00 | 146.04 |
| 53 | — | 480 | 134.00–148.00 | 139.71 |
| 160 | — | 630 | 131.50–141.00 | 137.38 |
| 195 | — | 714 | 120.00–132.00 | 126.41 |
| 223 | — | 582 | 125.00–147.50 | 139.19 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 8 | — | 674 | 125.00–126.00 | 125.51 |
| 22 | — | 583 | 120.00–123.00 | 121.06 |
| Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt | ||||
| 12 | — | 743 | 122.75 | 122.75 |
| Steers — Medium and Large 1$ per cwt · actual wt | ||||
| 57 | — | 960 | 108.00–114.50 | 112.54 |
| 59 | — | 622 | 147.00–158.00 | 151.74 |
| 89 | — | 580 | 156.00–173.00 | 161.38 |
| 92 | — | 526 | 170.00–179.50 | 174.84 |
| 113 | — | 879 | 119.00–126.50 | 123.34 |
| 155 | — | 775 | 123.00–138.50 | 132.42 |
| 235 | — | 672 | 138.00–147.00 | 143.90 |
| 49 | — | 822 | 128.25–133.25 | 131.04 |
| 41 | — | 940 | 117.00 | 117.00 |
| 26 | — | 485 | 179.00–183.00 | 180.71 |
| 29 | — | 441 | 170.00–189.50 | 180.20 |
| 85 | — | 721 | 132.00–146.00 | 138.48 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 7 | — | 561 | 147.00 | 147.00 |
| 13 | — | 450 | 130.50 | 130.50 |