Compared to two weeks ago: Yearling feeder steers over 850 lbs steady to 2.00 higher, other weights not well compared. Yearling feeder heifers sold with lower undertones, too few offered two weeks ago to make a complete comparison. Only 1 reported auction, however there was a very large offering of yearling steers and heifers, many long strings offered in full loads and multiple load lots, including one string of 1,500 head from one family outfit. Demand was good but cattle feeders are dealing with a Live Cattle futures complex with prices in the 170s, instead of the high 190s as they were all spring and summer long, and now cash fed cattle have dipped into the 180s. These facts are putting a drag on the feeder cattle market as breakevens are much higher than the futures contracts are currently at. Flesh condition was attractive, yet there were some cattle carrying a little more flesh and buyers are very critical of those kinds as they need cattle to gain as efficiently as possible to stand a chance at profitability. The market remains very active as these yearlings are always highly sought after, but buyers aren't able to chase the market like they did earlier in the summer, as cattle feeders are much more cautious now.
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 34 | 600–650 | 644 | 243.00 | 243.00 |
| 16 | 650–700 | 671 | 247.00–260.00 | 251.92 |
| 60 | 700–750 | 728 | 228.00–232.50 | 228.52 |
| Heifers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt | ||||
| 68 | 650–700 | 652 | 260.00 | 260.00 |
| Heifers — Medium and Large 1-2 · Full$ per cwt · actual wt | ||||
| 11 | 850–900 | 852 | 212.00 | 212.00 |
| Heifers — Medium and Large 1$ per cwt · actual wt | ||||
| 16 | 500–550 | 530 | 274.50 | 274.50 |
| 53 | 600–650 | 643 | 251.00–262.50 | 252.48 |
| 70 | 650–700 | 654 | 266.60 | 266.60 |
| 155 | 700–750 | 719 | 235.00–256.50 | 250.18 |
| 500 | 750–800 | 771 | 231.25–248.00 | 239.21 |
| 387 | 800–850 | 819 | 222.00–238.00 | 231.12 |
| 230 | 850–900 | 881 | 215.50–226.00 | 222.85 |
| 67 | 900–950 | 918 | 215.50–224.00 | 219.70 |
| 58 | 950–1000 | 974 | 210.00–216.00 | 214.64 |
| Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt | ||||
| 7 | 700–750 | 701 | 227.00 | 227.00 |
| 65 | 750–800 | 779 | 228.25 | 228.25 |
| 10 | 800–850 | 832 | 220.50 | 220.50 |
| Heifers — Large 1$ per cwt · actual wt | ||||
| 10 | 1000–1050 | 1,025 | 205.00–207.50 | 206.51 |
| 9 | 1050–1100 | 1,074 | 198.00–207.00 | 202.03 |
| Heifers — Large 1-2$ per cwt · actual wt | ||||
| 6 | 1000–1050 | 1,037 | 208.25 | 208.25 |
| Steers — Medium and Large 1-2 · Full$ per cwt · actual wt | ||||
| 10 | 700–750 | 738 | 253.00 | 253.00 |
| 6 | 750–800 | 776 | 241.00 | 241.00 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 7 | 500–550 | 544 | 275.00 | 275.00 |
| 30 | 600–650 | 644 | 261.00 | 261.00 |
| 14 | 650–700 | 685 | 258.00 | 258.00 |
| 28 | 700–750 | 727 | 248.50 | 248.50 |
| 69 | 750–800 | 788 | 263.50 | 263.50 |
| 64 | 850–900 | 873 | 242.50 | 242.50 |
| 25 | 950–1000 | 958 | 221.00–231.50 | 223.12 |
| Steers — Medium 1$ per cwt · actual wt | ||||
| 8 | 750–800 | 788 | 229.50 | 229.50 |
| Steers — Large 1$ per cwt · actual wt | ||||
| 132 | 1000–1050 | 1,031 | 222.50–229.85 | 226.02 |
| Steers — Medium and Large 1$ per cwt · actual wt | ||||
| 24 | 600–650 | 614 | 283.00–288.00 | 285.91 |
| 54 | 650–700 | 665 | 260.00–280.50 | 270.93 |
| 175 | 700–750 | 731 | 277.75–279.25 | 278.46 |
| 109 | 750–800 | 763 | 253.50–262.00 | 256.81 |
| 310 | 800–850 | 820 | 245.00–261.00 | 256.02 |
| 299 | 850–900 | 872 | 242.50–252.50 | 247.80 |
| 278 | 900–950 | 918 | 227.00–244.25 | 237.75 |
| 430 | 950–1000 | 970 | 224.50–236.00 | 232.55 |
| Steers — Medium and Large 1 · Full$ per cwt · actual wt | ||||
| 16 | 800–850 | 831 | 242.00 | 242.00 |
| 21 | 850–900 | 872 | 235.00–235.50 | 235.19 |
| Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt | ||||
| 7 | 750–800 | 784 | 240.50 | 240.50 |