Compared to last week: Feeder steers steady to 2.00 lower, heifers not well compared due to limited offerings a week ago. Moderate to good demand for yearling steers and heifers, especially for those that are being offered right off grass. The weakness that exists in the cattle futures complex has had a effect on the cash fat and feeder cattle markets. Cash fat cattle converged with the CME Live Cattle Aug contract, after holding a huge positive basis for the entire year, as the much lower futures complex pulled the cash market down to it's level. Cattle feeders are very spooked by this occurrence as the market fundamentals still remain as strong as they have been but they have seemed to have lost their leverage over the packers as they have taken lower money for their cattle. Feeder cattle have been at historically high prices all summer and now cattle feeders are looking at a futures market at 178.00, much lower than their breakeven prices. The corn crop looks to be very abundant, which is helping to keep feed cost low but with a much lower outlook for the fat market, cattle feeders are having great difficulty getting cattle bought cheap enough to have breakevens that align with the futures. Slaughter cows unevenly steady, bulls steady.
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Heifers — Medium and Large 1$ per cwt · actual wt | ||||
| 49 | 400–450 | 416 | 296.00–305.00 | 297.30 |
| 56 | 450–500 | 473 | 273.00–306.00 | 288.25 |
| 84 | 500–550 | 535 | 252.00–269.00 | 265.23 |
| 40 | 550–600 | 581 | 241.00–271.00 | 262.91 |
| 237 | 600–650 | 630 | 241.00–280.00 | 253.71 |
| 170 | 650–700 | 665 | 237.00–266.00 | 248.41 |
| 491 | 700–750 | 729 | 237.00–257.50 | 244.34 |
| 251 | 750–800 | 778 | 226.00–248.00 | 241.47 |
| 914 | 800–850 | 827 | 215.00–242.50 | 231.52 |
| 649 | 850–900 | 867 | 214.00–248.00 | 222.81 |
| 889 | 900–950 | 923 | 211.25–234.50 | 218.60 |
| 551 | 950–1000 | 970 | 206.00–228.00 | 220.83 |
| Heifers — Medium and Large 1 · Spayed$ per cwt · actual wt | ||||
| 5 | 850–900 | 872 | 219.50 | 219.50 |
| 131 | 900–950 | 928 | 228.00 | 228.00 |
| Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt | ||||
| 40 | 850–900 | 885 | 210.50–218.00 | 215.39 |
| Heifers — Medium and Large 1 · Unweaned$ per cwt · actual wt | ||||
| 14 | 350–400 | 384 | 330.00 | 330.00 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 11 | 500–550 | 527 | 262.50 | 262.50 |
| 76 | 550–600 | 569 | 237.50–252.50 | 240.83 |
| 15 | 600–650 | 625 | 230.00–242.00 | 235.78 |
| 30 | 650–700 | 693 | 219.00–231.00 | 226.43 |
| 17 | 750–800 | 796 | 218.00–220.00 | 219.18 |
| 79 | 800–850 | 846 | 213.50–215.00 | 213.76 |
| 14 | 850–900 | 891 | 211.00–211.50 | 211.29 |
| 9 | 950–1000 | 977 | 202.00 | 202.00 |
| Heifers — Large 1$ per cwt · actual wt | ||||
| 104 | 1000–1050 | 1,035 | 208.00–220.00 | 212.88 |
| 15 | 1050–1100 | 1,081 | 199.50–215.00 | 208.87 |
| 53 | 1100–1150 | 1,114 | 192.00–200.50 | 196.98 |
| 8 | 1150–1200 | 1,173 | 190.00 | 190.00 |
| 6 | 1250–1300 | 1,264 | 177.50 | 177.50 |
| Heifers — Medium and Large 2$ per cwt · actual wt | ||||
| 5 | 500–550 | 526 | 180.00 | 180.00 |
| Heifers — Large 1 · Fleshy$ per cwt · actual wt | ||||
| 4 | 1200–1250 | 1,212 | 190.50 | 190.50 |
| Heifers — Large 1 · Spayed$ per cwt · actual wt | ||||
| 120 | 1000–1050 | 1,026 | 223.00 | 223.00 |
| Heifers — Medium and Large 1 · Full$ per cwt · actual wt | ||||
| 6 | 850–900 | 852 | 219.50 | 219.50 |
| Steers — Medium and Large 1$ per cwt · actual wt | ||||
| 22 | 400–450 | 420 | 350.00–370.00 | 364.48 |
| 18 | 450–500 | 469 | 322.50–350.00 | 331.51 |
| 22 | 500–550 | 510 | 297.50–312.50 | 308.19 |
| 134 | 550–600 | 582 | 277.50–307.00 | 290.56 |
| 128 | 600–650 | 636 | 253.50–275.00 | 266.82 |
| 129 | 650–700 | 687 | 247.50–284.00 | 266.85 |
| 82 | 700–750 | 731 | 243.00–280.00 | 259.27 |
| 240 | 750–800 | 780 | 240.00–274.00 | 259.85 |
| 158 | 800–850 | 836 | 246.50–260.00 | 254.47 |
| 705 | 850–900 | 869 | 228.00–255.00 | 242.06 |
| 557 | 900–950 | 928 | 221.00–244.00 | 237.59 |
| 737 | 950–1000 | 976 | 219.00–238.00 | 230.43 |
| Steers — Medium and Large 1 · Unweaned$ per cwt · actual wt | ||||
| 11 | 300–350 | 344 | 400.00 | 400.00 |
| 4 | 550–600 | 590 | 235.00 | 235.00 |
| Steers — Medium and Large 1 · Full$ per cwt · actual wt | ||||
| 10 | 850–900 | 897 | 240.00 | 240.00 |
| Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt | ||||
| 3 | 950–1000 | 983 | 220.00 | 220.00 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 7 | 500–550 | 540 | 281.00 | 281.00 |
| 5 | 550–600 | 566 | 285.00 | 285.00 |
| 12 | 600–650 | 640 | 282.00 | 282.00 |
| 22 | 650–700 | 671 | 245.00–260.00 | 251.85 |
| 64 | 700–750 | 735 | 247.50–262.00 | 252.04 |
| 6 | 750–800 | 764 | 223.00 | 223.00 |
| 68 | 850–900 | 886 | 200.00–236.00 | 225.25 |
| 24 | 900–950 | 913 | 237.00 | 237.00 |
| 14 | 950–1000 | 991 | 210.00–213.00 | 212.37 |
| Steers — Large 1-2$ per cwt · actual wt | ||||
| 14 | 1050–1100 | 1,083 | 207.00 | 207.00 |
| Steers — Large 1$ per cwt · actual wt | ||||
| 1,123 | 1000–1050 | 1,022 | 207.00–233.00 | 226.48 |
| 182 | 1050–1100 | 1,059 | 215.50–220.50 | 218.29 |
| 150 | 1150–1200 | 1,164 | 185.00–216.25 | 211.55 |
| Steers — Large 1 · Fleshy$ per cwt · actual wt | ||||
| 6 | 1000–1050 | 1,031 | 212.50 | 212.50 |
| Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt | ||||
| 250 | 900–950 | 922 | 249.50 | 249.50 |
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Dairy Steers — Select and Choice · Certified Prgms$ per cwt · actual wt | ||||
| 28 | — | 1,432 | 162.00 | 162.00 |
| Dairy Steers — Choice · Certified Prgms$ per cwt · actual wt | ||||
| 18 | — | 1,425 | 165.00–170.00 | 167.79 |
| Dairy Steers — Select and Choice · Return to Feed$ per cwt · actual wt | ||||
| 4 | — | 1,309 | 164.00 | 164.00 |
| Dairy Steers — Choice$ per cwt · actual wt | ||||
| 23 | — | 1,661 | 170.00–172.00 | 171.65 |
| Dairy Steers — Select and Choice$ per cwt · actual wt | ||||
| 4 | — | 1,436 | 164.00 | 164.00 |
| Beef/Dairy Steers — Choice$ per cwt · actual wt | ||||
| 11 | — | 1,423 | 174.00–178.00 | 176.52 |
| Beef/Dairy Steers — Select and Choice · Return to Feed$ per cwt · actual wt | ||||
| 4 | — | 1,363 | 178.00 | 178.00 |
| Beef/Dairy Steers — Choice · Certified Prgms$ per cwt · actual wt | ||||
| 8 | — | 1,389 | 177.50 | 177.50 |
| Steers — Choice$ per cwt · actual wt | ||||
| 128 | — | 1,402 | 182.00–187.50 | 184.53 |
| 84 | — | 1,534 | 183.00–187.25 | 185.25 |
| Steers — Select and Choice · Heavy Weight$ per cwt · actual wt | ||||
| 14 | — | 1,829 | 174.00 | 174.00 |
| Steers — Select and Choice · Certified Prgms$ per cwt · actual wt | ||||
| 14 | — | 1,506 | 179.00 | 179.00 |
| Steers — Select and Choice · Return to Feed$ per cwt · actual wt | ||||
| 38 | — | 1,234 | 187.00–193.00 | 192.05 |
| Steers — Select and Choice$ per cwt · actual wt | ||||
| 3 | — | 1,543 | 181.00 | 181.00 |
| Steers — Choice · Heavy Weight$ per cwt · actual wt | ||||
| 33 | — | 1,659 | 182.00–183.00 | 182.85 |
| Steers — Choice · Natural$ per cwt · actual wt | ||||
| 5 | — | 1,409 | 190.00 | 190.00 |
| Steers — Choice · Certified Prgms$ per cwt · actual wt | ||||
| 24 | — | 1,403 | 185.00–186.50 | 185.65 |
| Bulls$ per cwt · actual wt | ||||
| 41 | — | 1,732 | 147.00–171.50 | 161.91 |
| 4 | — | 1,599 | 135.00–142.50 | 139.39 |
| Cows — Breaker 75-80%$ per cwt · actual wt | ||||
| 4 | — | 1,502 | 151.00–153.00 | 152.13 |
| 132 | — | 1,483 | 134.00–148.00 | 138.25 |
| Cows — Premium White 65-75%$ per cwt · actual wt | ||||
| 13 | — | 1,544 | 135.00–141.00 | 135.89 |
| Cows — Lean 85-90%$ per cwt · actual wt | ||||
| 25 | — | 918 | 65.00–91.00 | 78.36 |
| 17 | — | 1,234 | 105.00–111.00 | 108.48 |
| 43 | — | 1,279 | 110.00–125.50 | 120.26 |
| Cows — Boner 80-85%$ per cwt · actual wt | ||||
| 186 | — | 1,447 | 125.00–137.00 | 131.66 |
| Heifers — Choice · Certified Prgms$ per cwt · actual wt | ||||
| 44 | — | 1,284 | 184.00–187.00 | 186.13 |
| Heifers — Choice · Natural$ per cwt · actual wt | ||||
| 2 | — | 1,393 | 188.50 | 188.50 |
| Heifers — Select and Choice · Heavy Weight$ per cwt · actual wt | ||||
| 4 | — | 1,780 | 176.00 | 176.00 |
| Heifers — Select and Choice · Certified Prgms$ per cwt · actual wt | ||||
| 6 | — | 1,166 | 186.50 | 186.50 |
| Heifers — Select and Choice · Return to Feed$ per cwt · actual wt | ||||
| 74 | — | 1,005 | 179.00–204.00 | 186.55 |
| Heifers — Choice$ per cwt · actual wt | ||||
| 177 | — | 1,341 | 184.00–188.00 | 186.08 |
| Beef/Dairy Heifers — Select and Choice · Return to Feed$ per cwt · actual wt | ||||
| 11 | — | 1,291 | 175.00 | 175.00 |
| Beef/Dairy Heifers — Choice$ per cwt · actual wt | ||||
| 2 | — | 1,368 | 176.00 | 176.00 |