Compared to last week: Feeder steers and heifers sold with higher undertones compared to the limited offerings a week ago. Very good demand for all weights of steers and heifers after the Independence Day holiday week as there were more auctions that hosted a feeder cattle sale this week. Cash fed cattle were higher, up to 242.00, which is causing cattle feeders to remain very bullish in their outlook for the rest of the year. The cash market holds a huge, positive basis over the futures contracts as the market fundamentals remain very positive, causing cattle producers to pay little attention to the movements of the futures contracts. They know that if they want to fill their pens with yearlings they will have to compete very heavily and are willing to chase the market. Row crops are receiving ample moisture this summer, keeping feed cost very low which is giving them more incentive to feed cattle. Pasture conditions are good as well, allowing for a full, complete grazing season.
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Steers — Choice · Natural$ per cwt · actual wt | ||||
| 5 | — | 1,417 | 244.00 | 244.00 |
| Steers — Select and Choice$ per cwt · actual wt | ||||
| 30 | — | 1,361 | 235.00 | 235.00 |
| Steers — Choice$ per cwt · actual wt | ||||
| 60 | — | 1,526 | 237.00–238.00 | 237.61 |
| 165 | — | 1,455 | 233.00–237.00 | 235.84 |
| Steers — Choice · Heavy Weight$ per cwt · actual wt | ||||
| 31 | — | 1,607 | 234.00–236.00 | 234.77 |
| Steers — Choice · Certified Prgms$ per cwt · actual wt | ||||
| 42 | — | 1,409 | 238.50 | 238.50 |
| Steers — Select · Return to Feed$ per cwt · actual wt | ||||
| 75 | — | 1,170 | 257.00–281.00 | 277.33 |
| Heifers — Choice$ per cwt · actual wt | ||||
| 110 | — | 1,249 | 234.00–238.50 | 236.47 |
| Heifers — Choice · Certified Prgms$ per cwt · actual wt | ||||
| 9 | — | 1,179 | 239.00–241.50 | 240.65 |
| Heifers — Select · Return to Feed$ per cwt · actual wt | ||||
| 42 | — | 1,078 | 264.00 | 264.00 |
| Beef/Dairy Steers — Choice$ per cwt · actual wt | ||||
| 33 | — | 1,514 | 230.00–238.50 | 233.44 |
| Beef/Dairy Steers — Choice · Certified Prgms$ per cwt · actual wt | ||||
| 20 | — | 1,452 | 239.50–240.00 | 239.63 |
| Beef/Dairy Heifers — Choice$ per cwt · actual wt | ||||
| 22 | — | 1,381 | 234.00–234.50 | 234.12 |
| Dairy Steers — Choice$ per cwt · actual wt | ||||
| 11 | — | 1,447 | 210.00–214.00 | 212.16 |
| Head | Wt range | Avg wt | Price range | Avg price |
|---|---|---|---|---|
| Steers — Medium and Large 1$ per cwt · actual wt | ||||
| 5 | 400–450 | 445 | 500.00 | 500.00 |
| 6 | 550–600 | 592 | 407.00 | 407.00 |
| 18 | 650–700 | 684 | 376.00 | 376.00 |
| 6 | 750–800 | 794 | 319.00 | 319.00 |
| 164 | 850–900 | 878 | 305.00–330.00 | 313.53 |
| 641 | 900–950 | 930 | 303.35–318.25 | 314.42 |
| 625 | 950–1000 | 973 | 290.75–318.25 | 299.92 |
| Steers — Medium and Large 1 · Thin Fleshed$ per cwt · actual wt | ||||
| 9 | 550–600 | 556 | 451.00 | 451.00 |
| 24 | 600–650 | 643 | 395.00 | 395.00 |
| 182 | 900–950 | 916 | 325.00 | 325.00 |
| Steers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 4 | 400–450 | 408 | 437.50 | 437.50 |
| 17 | 550–600 | 558 | 370.00–372.50 | 371.47 |
| 23 | 600–650 | 635 | 357.00 | 357.00 |
| 25 | 650–700 | 692 | 335.00–342.50 | 336.44 |
| 7 | 700–750 | 735 | 333.00 | 333.00 |
| 5 | 750–800 | 767 | 341.00 | 341.00 |
| 18 | 800–850 | 838 | 318.00–322.00 | 320.20 |
| Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt | ||||
| 9 | 850–900 | 898 | 291.00 | 291.00 |
| Steers — Large 1$ per cwt · actual wt | ||||
| 531 | 1000–1050 | 1,015 | 285.75–310.00 | 301.07 |
| 179 | 1050–1100 | 1,086 | 287.00 | 287.00 |
| 307 | 1100–1150 | 1,118 | 277.75–279.50 | 278.71 |
| Heifers — Medium and Large 1$ per cwt · actual wt | ||||
| 6 | 400–450 | 442 | 445.00 | 445.00 |
| 7 | 450–500 | 464 | 380.00 | 380.00 |
| 6 | 650–700 | 664 | 330.00 | 330.00 |
| 27 | 700–750 | 736 | 307.00–331.50 | 320.85 |
| 181 | 750–800 | 773 | 308.00–316.00 | 315.35 |
| 29 | 800–850 | 845 | 275.00–294.00 | 280.19 |
| 21 | 900–950 | 907 | 290.00 | 290.00 |
| 213 | 950–1000 | 965 | 274.50–276.00 | 275.23 |
| Heifers — Medium and Large 1-2$ per cwt · actual wt | ||||
| 13 | 500–550 | 512 | 336.00–347.00 | 339.38 |
| 26 | 550–600 | 575 | 345.00 | 345.00 |
| 13 | 600–650 | 636 | 335.00–343.00 | 337.99 |
| 7 | 750–800 | 790 | 288.00 | 288.00 |
| Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt | ||||
| 63 | 950–1000 | 978 | 263.00–271.50 | 265.64 |