The Morning Wire / Mon Aug 31, 2026

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The Morning Wire

The trading day in one page — Mon, Aug 31
● Written from USDA reportsEvery figure as filed
← Aug 29Aug 31Sep 1 →

The market in a line

Mon, Aug 31
Choice cutout held near $375.82. 54 barns across 18 states reported 3,654 priced lots.

Feeder steers

National, week of Aug 31 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 lb478.27/cwt$1.66 lower2,406128
400-499 lb416.75/cwt$0.47 higher4,330144
500-599 lb371.39/cwt$0.39 higher5,984157
600-699 lb347.19/cwt$1.92 lower5,170139
700-799 lb331.41/cwt$3.21 lower4,421123
800-899 lb324.16/cwt$0.16 higher6,69480

Barn by barn, 500–599 lb steers

Same day, same class USDA
Every barn that sold at least 20 head of this class on Mon, Aug 31, weighted by head. Spread of $64.97 between the top and bottom of 20 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
Sigourney Livestock AuctionIA403.30/cwt156
Russell Livestock Auction - IowaIA402.35/cwt87
Tulsa Stockyards Inc.OK390.98/cwt91
Tina LivestockMO386.45/cwt20
Callaway Livestock CenterMO385.53/cwt63
Oklahoma National Stockyards MarketOK375.62/cwt247
Arcadia Stockyard (Mon)FL374.73/cwt43
Joplin Regional StockyardsMO368.33/cwt253
Lynchburg Livestock Market, Inc.VA366.83/cwt60
Farmers Livestock Exchange, Inc.VA366.76/cwt62
Cleburne County Livestock AuctionAR363.56/cwt23
Unionville Livestock Auction - Unionville, TNTN358.74/cwt28
Dickson Livestock AuctionTN357.83/cwt62
Roswell Livestock AuctionNM352.65/cwt80
Cattlemans Livestock Auction - West Point, MSMS349.23/cwt45
Okeechobee Livestock Auction (Mon)FL347.34/cwt21
New Brockton StockyardsAL345.73/cwt24
Lexington Livestock Auction - KentuckyKY344.18/cwt22
Dothan StockyardsAL342.26/cwt34
Glasgow Livestock AuctionKY338.33/cwt24

Boxed beef

PM close · Aug 31 USDA
Choice $375.82, $0.41 lower. Select $358.49, $2.59 lower. The Choice–Select spread stands at $17.33. 162 loads traded.

Fed cattle

Negotiated cash, week to date USDA
24,735 head traded Aug 25–Aug 31.
RegionBasisPriceHead
Iowa-MinnesotaDressed Delivered349.841,972
Iowa-MinnesotaDressed FOB341.0080
Iowa-MinnesotaLive Delivered219.68230
Iowa-MinnesotaLive FOB219.274,876
NebraskaDressed Delivered345.139,079
NebraskaDressed FOB345.85480

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 week: Feeder steers unevenly steady. Feeder heifers steady to 5.00 lower, but some lower prices also due to quality and or conditions. Demand moderate to good. A significant number of un-weaned calves were included and these trended lower. Steer and heifer calves 8.00-15.00 lower.

Oklahoma National Stockyards Market · Oklahoma

CLOSE Compared to last week feeder steers under 800 lbs. sold 10.00-15.00 lower. Weights over 800 lbs. sold from 10.00 lower to 2.00 higher. Feeder heifers sold from 5.00 lower to 3.00 higher. Supply was light with moderate demand.

Joplin Regional Stockyards · Missouri

Compared to last sale: Demand mostly good for moderate offerings. Dairy feeder steers traded sharply lower. Next sale will be October 5, 2026.

Centennial · Colorado

Compared to last week's sale, Slaughter Steers sold 10.00-15.00 lower and Slaughter Dairy Cows traded 8.00-10.00 lower. Feeder Dairy Calves Holstein Bulls were 10.00-15.00 lower with Beef Cross trading 30.00-35.00 lower.

New Holland Sale Stables · Pennsylvania

Compared to one week ago: Slaughter cows sold 1.00 to 6.00 lower, slaughter bulls sold sharply lower. Feeder cattle sold 5.00 to 14.00 higher. Replacement cattle sold mostly steady.

Okeechobee Livestock Auction (Mon) · Florida

Compared to one week ago, slaughter cows steady to 3.00 lower, slaughter bulls mostly steady, feeder steers and steer calves unevenly steady, feeder bulls over 600 lbs 5.00 to 15.00 lower, feeder heifers and heifer calves steady to 5.00 higher, bull calves 5.00 to 10.00 higher, replacement cows ligh…

Carrollton · Georgia

Compared to one week ago: Slaughter cows and bulls sold 3.00 to 5.00 lower. Replacement cows sold steady. Feeder cattle sold sharply lower.

New Brockton Stockyards · Alabama

Compared to last week, steer calves under 600 lbs were lightly tested, mostly unweaned with a few groups of 600-615 lb steers trading fully steady on same weight with last week's offering and 700-750 lb steers selling unevenly steady;

Callaway Livestock Center · Missouri

Cows and bulls

National direct, dressed USDA
ClassPriceDirectionHead
Breaker (75% lean)302.02/cwt$5.21 higher729
Boner (85% lean)312.88/cwt$3.43 higher2,312
Cutter (90% lean)312.68/cwt$1.89 lower2,900
Premium White319.48/cwt$6.67 lower1,855
Bull (92% lean)355.57/cwt$2.82 lower601

What published

See every report →
140 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.