The Morning Wire / Tue Jun 30, 2026

Feeder Cattle — prices, barns, and planning

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The Morning Wire

The trading day in one page — Tue, Jun 30
● Written from USDA reportsEvery figure as filed
← Jun 29Jun 30Jul 1 →

The market in a line

Tue, Jun 30
Choice cutout closed $1.72 higher at $393.16. 18 barns across 11 states reported 1,034 priced lots.

Feeder steers

National, week of Jun 29 USDA
Weighted across every reported lot, by weight class. Weekly rather than daily — one day's barns are too thin a base for a national figure.
WeightPricevs prior weekHeadBarns
300-399 lb591.32/cwt$0.79 higher62327
400-499 lb515.11/cwt$6.19 higher1,66731
500-599 lb468.91/cwt$0.45 higher3,07232
600-699 lb434.17/cwt$1.56 higher3,51533
700-799 lb394.83/cwt$1.57 higher3,19932
800-899 lb360.38/cwt$4.76 lower5,11222

Barn by barn, 500–599 lb steers

Same day, same class USDA
Every barn that sold at least 20 head of this class on Tue, Jun 30, weighted by head. Spread of $72.22 between the top and bottom of 8 barns. An average moves with the cattle that showed up as much as with the buyers in the seats — a yard with better grade will average higher on the same demand. This is where the money landed, not a verdict on the barn.
BarnStateAverageHead
Unionville Livestock Market LLCMO509.37/cwt223
Kingsville Livestock AuctionMO477.12/cwt161
Beaver Livestock AuctionOK462.08/cwt259
Arkansas Cattle Auction LLCAR455.68/cwt29
Ozarks Regional StockyardsMO446.77/cwt41
Giddings Livestock CommissionTX443.95/cwt202
Four State StockyardsMO441.20/cwt66
McAlester Union StockyardsOK437.15/cwt26

Boxed beef

PM close · Jun 30 USDA
Choice $393.16, $1.72 higher. Select $371.68, $2.50 lower. The Choice–Select spread stands at $21.48. 102 loads traded.

Fed cattle

Negotiated cash, week to date USDA
6,880 head traded Jun 20–Jun 26.
RegionBasisPriceHead
Iowa-MinnesotaDressed Delivered408.891,162
Iowa-MinnesotaLive Delivered261.78928
Iowa-MinnesotaLive FOB259.832,667
KansasLive FOB258.00998
NebraskaDressed Delivered408.00419
NebraskaLive FOB258.89234

At the barns

USDA market reporters, as filed USDA
One barn per state, largest first — more states file than fit here. Your own state is linked below.

Compared to last sale: Feeder steers 5.00-15.00 lower. Feeder heifers 2.00-5.00 lower. Steer calves 2.00-4.00 higher. Heifer calves too light to test but a higher undertone noted. Demand good in house and online.

Beaver Livestock Auction · Oklahoma

Compared to the last sale two weeks ago, steers and heifers sold 10.00 to 20.00 higher, spots sharply higher. Slaughter cows 6.00 to 10.00 higher. The Annual Customer Appreciation BBQ Sale this week did not disappoint with a top notch offering of calves and yearlings selling on a hot market.

Unionville Livestock Market LLC · Missouri

Total receipts were 1,622 compared to 907 last week. The feeder cattle market was fully steady with last week. The slaughter cattle market was also fully steady compared to last week.

Giddings Livestock Commission · Texas

Compared to last week (6-23-26): Feeder cattle were all too lightly tested to develop any market trend. Feeders were scarcely tested and mostly offered in small groups or as singles. There were not enough feeders for buyers to build loads. Quality this week was mostly average.

Miles City Livestock Commission · Montana

Compared to last week, with the hot weather and the upcoming Holiday weekend, feeders were in light supply. Demand was stronger for lightweight calves carrying extra condition. Market trends were not well established because of the limited receipts.

Arkansas Cattle Auction LLC · Arkansas

Compared to last week, slaughter steers and heifers sold 6.00 to 12.00 lower. Slaughter cows sold mixed with Breakers 1.00 lower, Boners 1.00 higher, and Leans 4.00 lower. Slaughter bulls were lightly tested. Trade was active with moderate demand,

Fairview Livestock Auction · Illinois

Compared to last week steers and heifers sold steady to 5.00 lower. Demand was moderate to good. Supply was moderate with several loads of yearling offered. Cattle futures have been volatile lately but lower to start the week. Summer is finally here and lots of hay is down in the field.

Kingsville Livestock Auction · Missouri

Compared to last weeks sale, feeder steers sold steady to 8.00 higher, feeder heifers sold uneven from 5.00 lower to 12.00 higher but there was a light to moderate supply under 600 lbs. Overall the market was very active with good demand for all classes of feeders.

Four State Stockyards · Missouri

Cows and bulls

National direct, dressed USDA
ClassPriceDirectionHead
Breaker (75% lean)317.33/cwt$3.23 higher617
Boner (85% lean)333.99/cwt$0.93 higher1,865
Cutter (90% lean)333.47/cwt$1.21 higher2,721
Premium White327.82/cwt$3.06 lower1,878
Bull (92% lean)372.69/cwt$3.69 higher482

What published

See every report →
55 USDA reports carried this date — sale barns, state summaries, video and board sales, grain, hay and the national desks.
Source: USDA AMS. Every figure is USDA's as filed, and the direction words — higher, lower, steady— follow the arithmetic rather than an opinion. Quoted comment is the work of USDA market reporters, credited to the sale it came from. This is RaisedBeef's rendering of USDA data, not a copy of USDA's document and not endorsed by USDA.