Compared to last week: Feeder steers and heifers steady to 2.00 lower. Demand remains good. A lighter offering of yearling steers and heifers. Cattle feeders eased off a bit in their pursuit of yearlings as futures contracts were under pressure this week, yet the market remains rather robust. Aug Live Cattle futures have retreated about 5.00 from last week’s levels, down to 102.00 and cash fed cattle reversed course and sold lower as well. Packers margins remain very positive as they have pushed the boxed beef market all the way up to 231.54 but they still managed to buy cattle cheaper as the futures contracts fizzled. There still has not been a big push of yearlings off grass yet as yearling operators are trying to keep their cattle turned out as long as they can hoping to maximize weight gain and increase their returns. Drought conditions have expanded across the state as hot and dry weather has continued. Cash corn remains below 3.00 at many country elevator locations, which is helping to support the feeder cattle market, but with the winter Live Cattle contracts at only 108.00 and 111.00 there is great concern that feedyard closeouts will show losses again. Slaughter cows steady to 3.00 lower, bulls 2.00 lower.
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Heifers — Medium and Large 1$ per cwt · actual wt | ||||
| 81 | — | 663 | 143.00–153.75 | 147.68 |
| 25 | — | 516 | 147.00–156.50 | 153.71 |
| 14 | — | 571 | 150.00–156.50 | 153.61 |
| 769 | — | 880 | 125.00–137.50 | 133.16 |
| 528 | — | 731 | 139.00–151.25 | 145.20 |
| 335 | — | 779 | 137.00–144.00 | 140.89 |
| 308 | — | 928 | 126.00–137.50 | 131.22 |
| 296 | — | 835 | 130.00–138.50 | 135.09 |
| 197 | — | 973 | 122.50–130.25 | 128.67 |
| 155 | — | 630 | 142.50–154.75 | 152.00 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 26 | — | 927 | 118.00–120.00 | 119.69 |
| 18 | — | 745 | 124.00–126.50 | 125.38 |
| 5 | — | 511 | 148.00 | 148.00 |
| 5 | — | 366 | 156.00 | 156.00 |
| 3 | — | 625 | 131.00 | 131.00 |
| 6 | — | 571 | 135.00 | 135.00 |
| 44 | — | 494 | 147.50 | 147.50 |
| 5 | — | 676 | 123.00 | 123.00 |
| Heifers — Large 1$ per cwt · actual wt | ||||
| 24 | — | 1,130 | 110.00 | 110.00 |
| 39 | — | 1,070 | 121.00–125.00 | 123.10 |
| 84 | — | 1,012 | 111.00–127.00 | 124.23 |
| Heifers — Medium and Large 1-2 · Thin Fleshed$ per cwt · actual wt | ||||
| 38 | — | 491 | 155.50 | 155.50 |
| 16 | — | 436 | 154.00 | 154.00 |
| Heifers — Medium and Large 1 · Spayed$ per cwt · actual wt | ||||
| 64 | — | 901 | 134.90 | 134.90 |
| 52 | — | 836 | 138.50 | 138.50 |
| Steers — Medium and Large 1$ per cwt · actual wt | ||||
| 8 | — | 426 | 174.00 | 174.00 |
| 1,311 | — | 970 | 131.25–141.75 | 136.25 |
| 697 | — | 915 | 129.00–147.25 | 141.33 |
| 5 | — | 590 | 165.50 | 165.50 |
| 398 | — | 830 | 138.50–149.75 | 146.18 |
| 337 | — | 875 | 135.00–147.25 | 142.37 |
| 31 | — | 520 | 170.00–173.00 | 172.34 |
| 189 | — | 779 | 140.00–152.00 | 148.33 |
| 118 | — | 725 | 145.00–160.00 | 154.74 |
| 83 | — | 637 | 156.50–169.00 | 161.99 |
| 65 | — | 676 | 148.00–166.00 | 158.30 |
| Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt | ||||
| 3 | — | 880 | 125.50 | 125.50 |
| Steers — Large 1$ per cwt · actual wt | ||||
| 120 | — | 1,120 | 124.75–126.50 | 125.85 |
| 4 | — | 1,152 | 112.00 | 112.00 |
| 340 | — | 1,012 | 120.50–135.50 | 134.60 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 17 | — | 992 | 120.75 | 120.75 |
| 26 | — | 829 | 121.00–135.00 | 130.53 |
| 4 | — | 784 | 138.00 | 138.00 |
| 6 | — | 570 | 158.00 | 158.00 |
| 11 | — | 672 | 147.00 | 147.00 |
| 4 | — | 544 | 158.00 | 158.00 |
| Dairy Steers — Large 3-4$ per cwt · actual wt | ||||
| 31 | — | 628 | 90.00–94.00 | 92.06 |
| 4 | — | 468 | 65.00 | 65.00 |
| Dairy Steers — Large 3$ per cwt · actual wt | ||||
| 31 | — | 833 | 94.50 | 94.50 |
| Dairy Heifers — Large 3$ per cwt · actual wt | ||||
| 12 | — | 669 | 76.50 | 76.50 |
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Cows — Breaker 75-80%$ per cwt · actual wt | ||||
| 8 | — | 1,481 | 56.00–62.00 | 59.61 |
| 13 | — | 1,453 | 63.00–70.00 | 67.45 |
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| 7 | — | 1,309 | 62.00–66.00 | 64.04 |
| 4 | — | 1,501 | 49.00–59.00 | 54.87 |
| Cows — Premium White 65-75%$ per cwt · actual wt | ||||
| 7 | — | 1,682 | 76.00–84.00 | 79.77 |
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| 33 | — | 1,251 | 53.00–62.00 | 58.65 |
| 6 | — | 1,234 | 40.00–52.00 | 49.34 |
| Bulls$ per cwt · actual wt | ||||
| 7 | — | 1,962 | 82.50–89.00 | 86.76 |
| 2 | — | 1,745 | 83.00–84.00 | 83.51 |
| Dairy Steers — Select and Choice$ per cwt · actual wt | ||||
| 6 | — | 1,285 | 90.00 | 90.00 |
| Dairy Steers — Choice$ per cwt · actual wt | ||||
| 91 | — | 1,439 | 91.00–95.25 | 94.20 |
| Steers — Select and Choice · Return to Feed$ per cwt · actual wt | ||||
| 40 | — | 1,288 | 104.75–112.00 | 107.69 |
| Steers — Choice$ per cwt · actual wt | ||||
| 303 | — | 1,470 | 104.75–107.25 | 105.55 |
| 226 | — | 1,559 | 105.00–106.50 | 105.48 |
| Heifers — Choice$ per cwt · actual wt | ||||
| 176 | — | 1,316 | 103.00–106.75 | 104.74 |
| 10 | — | 1,195 | 102.00 | 102.00 |