Only 1 reported auction this week as other locations did not host a feeder cattle auction because of the Thanksgiving holiday. Demand only moderate for the light offering. Extreme weakness in the Live and Feeder Cattle contracts has created much uncertainty as the market rolls back faster than it went up this spring and summer. Cattle feeders hopes of selling fat cattle at or near 200.00 this winter and spring are fading quickly, this week fat cattle topped at 177.00 which was 7.00 premium to the Dec Live Cattle contract. The optimism that was felt by all in the industry has been replaced with frustration as the futures contracts have pulled the cash market lower.
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Bulls — Medium and Large 1$ per cwt · actual wt | ||||
| 5 | — | 554 | 185.00 | 185.00 |
| Heifers — Medium and Large 1$ per cwt · actual wt | ||||
| 48 | — | 579 | 220.00–235.00 | 229.39 |
| 53 | — | 421 | 260.00–272.50 | 263.15 |
| 68 | — | 476 | 240.00–256.00 | 248.61 |
| 92 | — | 388 | 250.00–265.00 | 258.23 |
| 93 | — | 630 | 219.00–226.00 | 220.50 |
| 317 | — | 520 | 234.00–262.00 | 245.79 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 21 | — | 420 | 237.50 | 237.50 |
| 18 | — | 586 | 215.00–217.50 | 216.66 |
| 13 | — | 492 | 225.00–230.00 | 228.11 |
| 53 | — | 521 | 210.00–230.00 | 221.00 |
| Steers — Medium and Large 1$ per cwt · actual wt | ||||
| 49 | — | 422 | 295.00–317.00 | 309.38 |
| 320 | — | 618 | 230.00–256.50 | 246.76 |
| 353 | — | 471 | 262.00–314.00 | 304.98 |
| 276 | — | 525 | 242.00–277.50 | 259.71 |
| 291 | — | 577 | 258.00–279.50 | 267.23 |
| 24 | — | 343 | 312.50–322.50 | 316.30 |
| 22 | — | 702 | 234.00 | 234.00 |
| 76 | — | 381 | 302.50–329.00 | 325.58 |
| 186 | — | 671 | 215.00–239.50 | 232.37 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 70 | — | 535 | 221.00–245.00 | 237.52 |
| 11 | — | 339 | 275.00 | 275.00 |
| 21 | — | 469 | 265.00–272.50 | 269.54 |
| 5 | — | 624 | 220.00 | 220.00 |
| 10 | — | 376 | 280.00 | 280.00 |
| 33 | — | 422 | 272.50 | 272.50 |