The Morning Wire / Tue Sep 8, 2026

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The Morning Wire

The trading day in one page — Tue, Sep 8
● Written from USDA reportsEvery figure as filed
← Sep 7Sep 8Sep 9 →

The market in a line

Tue, Sep 8
Choice cutout closed $1.40 higher at $377.57. 45 barns across 17 states reported 2,923 priced lots.

Feeder steers

National, week of Sep 7 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 lb484.42/cwt$6.15 higher2,279118
400-499 lb440.68/cwt$23.93 higher4,797130
500-599 lb390.59/cwt$19.20 higher6,067134
600-699 lb352.68/cwt$5.49 higher4,750129
700-799 lb339.69/cwt$8.28 higher4,396115
800-899 lb345.14/cwt$20.98 higher6,20079

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, Sep 8, weighted by head. Spread of $54.68 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
Producers Livestock Marketing - Salina, UTUT386.76/cwt53
ThomasvilleGA381.41/cwt33
Lonestar StockyardsTX381.30/cwt61
Beaver Livestock AuctionOK376.57/cwt342
Townsend Livestock MarketFL373.42/cwt91
McAlester Union StockyardsOK372.16/cwt42
Brookhaven Livestock AuctionMS369.97/cwt34
OKC West Livestock MarketOK368.84/cwt140
Four State StockyardsMO365.62/cwt64
Knoxville Livestock Auction - Knoxville, TNTN361.49/cwt28
Uniontown StockyardsAL353.23/cwt33
Lexington Livestock Auction - KentuckyKY353.17/cwt21
Letohatchee StockyardsAL352.23/cwt38
Okeechobee Livestock Auction (Tue)FL351.06/cwt68
Arkansas Cattle Auction LLCAR350.71/cwt24
Athens Regional Stockyard - Athens, TNTN348.44/cwt28
CarnesvilleGA343.86/cwt28
Tylertown Livestock AuctionMS342.81/cwt30
Roswell Livestock AuctionNM335.13/cwt62
Giddings Livestock CommissionTX332.08/cwt87

Boxed beef

PM close · Sep 8 USDA
Choice $377.57, $1.40 higher. Select $355.39, $0.48 lower. The Choice–Select spread stands at $22.18. 83 loads traded.

Fed cattle

Negotiated cash, week to date USDA
18,661 head traded Aug 29–Sep 4.
RegionBasisPriceHead
Iowa-MinnesotaDressed Delivered346.523,846
Iowa-MinnesotaDressed FOB343.001,040
Iowa-MinnesotaLive FOB218.414,685
NebraskaDressed Delivered344.605,247
NebraskaLive FOB218.693,843

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 one week ago: Slaughter cows 3.00 to 6.00 lower, slaughter bulls mostly steady. Feeder steers, bulls, and heifers steady to 5.00 higher.

Okeechobee Livestock Auction (Tue) · Florida

Compared to one week ago: Slaughter cows and bulls sold 12.00 to 15.00 lower. Replacement cows sold steady. Feeder cattle sold 4.00 to 8.00 higher.

Letohatchee Stockyards · Alabama

Compared to last report feeder cattle sold unevenly steady. While slaughter cows sold 8.00 to 17.00 lower, with slaughter bulls selling to light too test. Trade was active with a good demand with a moderate supply.

Producers Livestock Marketing - Salina, UT · Utah

Compared to last week, feeder steers and heifers sold steady to 4.00 higher. Steer and heifers calves under 700 lbs. were steady to 6.00 higher in a light test of the market. Demand was moderate on a light supply. The largest draft of the day was 65 head of 928 lb.

Ozarks Regional Stockyards · Missouri

Compared to a week ago: Slaughter Cows sold steady. Slaughter Bulls sold sharply higher. Replacement Cattle steady. Feeder Steers sharply higher. Feeder Bulls steady. Feeder Heifers sold 2.00 - 4.00 lower. Bull Calves and Steer Claves steady to 2.00 lower. Heifer Calves sold 4.00 - 6.00 higher.

Southern Livestock · Georgia

Compared to last week; Steer calves under 500 lbs. 3.00 to 11.00 lower, over 500 lbs. 2.00 to 3.00 higher Heifer calves 5,00 to 8.00 higher. Quality was average to attractive. Demand was moderate. Slaughter cows; Breakers and Boners 4.00 to 9.00 lower, Leans steady. Slaughter bulls; 1.00 lower.

McAlester Union Stockyards · Oklahoma

Compared to last week, following the Labor Day weekend, feeder cattle receipts were lower, with offerings consisting mostly of plainer-quality cattle. With a slight rebound in feeder cattle futures, feeder steers and bulls sold $5.00 to $10.00 higher.

Arkansas Cattle Auction LLC · Arkansas

Compared to last Tuesday: Feeder classes steady, Moderate to good demand for feeder classes. No test on slaughter classes due to limited supply.

Flemingsburg Livestock Auction · Kentucky

Cows and bulls

National direct, dressed USDA
ClassPriceDirectionHead
Breaker (75% lean)286.08/cwt$1.50 higher589
Boner (85% lean)296.83/cwt$0.81 lower1,787
Cutter (90% lean)300.24/cwt$0.49 lower3,080
Premium White317.29/cwt$9.54 higher2,345
Bull (92% lean)343.02/cwt$3.85 lower510

What published

See every report →
88 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.