Compared to last week: Steer and heifer calves 15.00 to 30.00 higher. Very good demand for steer and heifer calves this week as the early part of the week the futures contracts were supportive of the cash, market, that changed by Thursday as limit losses occurred in the Feeder Cattle contracts. Cattle producers have had a very difficult time making decisions concerning the market as the futures contracts are fluctuating wildly. The sound market fundamentals that propelled the market to record high prices, is now being overshadowed by uncertainty and fear as the futures contracts decline rapidly. Cash fat cattle were lower again as packers point to a lower futures market and bid accordingly. Cash fat cattle sales in Iowa by Friday were all the way down to 218.00, which is par with the Dec Live Cattle contract.
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Heifers — Medium and Large 1$ per cwt · actual wt | ||||
| 5 | 300–350 | 319 | 447.50–475.00 | 452.75 |
| 74 | 350–400 | 371 | 450.00–512.50 | 478.14 |
| 279 | 400–450 | 423 | 425.00–490.00 | 454.76 |
| 783 | 450–500 | 478 | 377.50–448.00 | 421.03 |
| 957 | 500–550 | 526 | 372.00–422.50 | 402.05 |
| 687 | 550–600 | 570 | 342.50–405.50 | 377.76 |
| 374 | 600–650 | 619 | 342.50–382.50 | 371.82 |
| 22 | 650–700 | 662 | 345.00–350.00 | 347.48 |
| 119 | 700–750 | 721 | 312.50–341.00 | 332.21 |
| 59 | 750–800 | 773 | 307.00–330.00 | 322.53 |
| 36 | 800–850 | 831 | 318.00–334.00 | 327.74 |
| 25 | 850–900 | 897 | 314.00 | 314.00 |
| 13 | 900–950 | 936 | 308.00 | 308.00 |
| 18 | 950–1000 | 965 | 304.00–306.00 | 304.80 |
| Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt | ||||
| 49 | 500–550 | 548 | 430.00 | 430.00 |
| 187 | 550–600 | 569 | 395.00–452.50 | 425.06 |
| 15 | 600–650 | 600 | 392.00 | 392.00 |
| 13 | 650–700 | 655 | 365.00 | 365.00 |
| Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt | ||||
| 17 | 500–550 | 514 | 425.00 | 425.00 |
| 142 | 550–600 | 563 | 393.50–406.00 | 397.24 |
| 106 | 600–650 | 607 | 390.00 | 390.00 |
| 87 | 650–700 | 686 | 370.00 | 370.00 |
| Heifers — Large 1$ per cwt · actual wt | ||||
| 23 | 1000–1050 | 1,029 | 281.00–307.00 | 294.81 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 5 | 300–350 | 323 | 415.00 | 415.00 |
| 21 | 350–400 | 383 | 420.00–445.00 | 432.42 |
| 78 | 400–450 | 427 | 375.00–415.00 | 402.48 |
| 26 | 450–500 | 475 | 350.00–429.00 | 391.05 |
| 87 | 500–550 | 532 | 330.00–382.50 | 357.71 |
| 17 | 550–600 | 561 | 342.50–408.00 | 372.80 |
| 18 | 600–650 | 648 | 342.00 | 342.00 |
| 6 | 650–700 | 672 | 331.00 | 331.00 |
| 8 | 700–750 | 701 | 300.00 | 300.00 |
| 11 | 750–800 | 751 | 307.00 | 307.00 |
| Steers — Medium and Large 1$ per cwt · actual wt | ||||
| 5 | 200–250 | 235 | 605.00 | 605.00 |
| 3 | 250–300 | 298 | 590.00 | 590.00 |
| 39 | 300–350 | 331 | 515.00–600.00 | 573.54 |
| 80 | 350–400 | 378 | 539.00–600.00 | 583.43 |
| 448 | 400–450 | 438 | 475.00–555.00 | 521.97 |
| 523 | 450–500 | 474 | 461.00–535.00 | 490.75 |
| 1,372 | 500–550 | 525 | 421.00–497.50 | 465.37 |
| 1,665 | 550–600 | 572 | 402.50–475.00 | 437.60 |
| 1,824 | 600–650 | 622 | 379.00–443.00 | 418.09 |
| 412 | 650–700 | 665 | 377.00–422.50 | 397.07 |
| 246 | 700–750 | 731 | 364.00–390.00 | 378.55 |
| 81 | 750–800 | 772 | 325.00–360.00 | 343.78 |
| 4 | 800–850 | 841 | 335.00 | 335.00 |
| 6 | 850–900 | 873 | 325.00 | 325.00 |
| Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt | ||||
| 6 | 450–500 | 489 | 456.00 | 456.00 |
| 14 | 600–650 | 638 | 377.00 | 377.00 |
| Steers — Medium and Large 1 · Fancy$ per cwt · actual wt | ||||
| 47 | 500–550 | 519 | 475.00 | 475.00 |
| 86 | 550–600 | 550 | 473.00 | 473.00 |
| 173 | 600–650 | 626 | 421.00 | 421.00 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 3 | 250–300 | 293 | 540.00 | 540.00 |
| 7 | 300–350 | 337 | 525.00 | 525.00 |
| 4 | 350–400 | 374 | 525.00 | 525.00 |
| 45 | 400–450 | 436 | 460.00–475.00 | 472.04 |
| 41 | 450–500 | 477 | 437.50–469.00 | 450.84 |
| 78 | 500–550 | 526 | 410.00–440.00 | 420.25 |
| 143 | 550–600 | 584 | 355.00–430.00 | 401.65 |
| 41 | 600–650 | 621 | 340.00–390.00 | 368.66 |
| 52 | 650–700 | 684 | 357.50 | 357.50 |
| 32 | 700–750 | 733 | 320.00–355.00 | 343.37 |
| Bulls — Medium and Large 1$ per cwt · actual wt | ||||
| 9 | 500–550 | 524 | 375.00 | 375.00 |
| 29 | 550–600 | 599 | 300.00–325.00 | 318.97 |
| 5 | 650–700 | 695 | 285.00 | 285.00 |