The Morning Wire / Wed Sep 9, 2026

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The Morning Wire

The trading day in one page — Wed, Sep 9
● Written from USDA reportsEvery figure as filed
← Sep 8Sep 9Sep 10 →

The market in a line

Wed, Sep 9
Choice cutout closed $3.20 higher at $380.77. 45 barns across 23 states reported 2,430 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 Wed, Sep 9, weighted by head. Spread of $114.75 between the top and bottom of 14 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
Torrington Livestock Commission CompanyWY462.84/cwt342
Hub City Livestock AuctionSD446.35/cwt92
Winter Livestock - Dodge CityKS415.77/cwt73
'R' Livestock ConnectionUT409.19/cwt61
Russell Springs Livestock AuctionKY388.08/cwt87
Green Forest StockyardsAR384.34/cwt28
Springfield Livestock Marketing CenterMO378.83/cwt79
Southern Oklahoma Livestock AuctionOK377.23/cwt95
Albany Livestock AuctionKY364.51/cwt28
AshburnGA356.71/cwt98
Clovis Livestock AuctionNM354.58/cwt196
Arcadia Stockyard (Wed)FL354.10/cwt58
Lucedale Livestock AuctionMS353.21/cwt37
Brundidge StockyardsAL348.09/cwt44

Boxed beef

PM close · Sep 9 USDA
Choice $380.77, $3.20 higher. Select $352.34, $3.05 lower. The Choice–Select spread stands at $28.43. 143 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 last week: Slaughter steers and heifers steady to 2.00 higher. Demand was moderate to good on this limited offering of long fed cattle with the majority of the steers being on the heavier side.

Sioux Falls Regional Livestock · South Dakota

Compared to two weeks ago, steers 700-900 lbs sold steady to 5.00 higher with steers 900-1050 lbs selling 10.00-20.00 higher along with heifers 650-950 lbs selling steady to 15.00 higher. Demand was good from the larger than normal crowd of order buyers and farmer feeders in the seats.

Huss Livestock · Nebraska

Compared to last week, heifers 650 lbs and over sold steady to 3.00 higher. Steers and heifers under 650 lbs sold 20.00 higher. Feeder steers, not enough for market test. Boning utility slaughter cows sold 2.00 to 5.00 lower and Lean utility slaughter cows sold steady to 7.00 lower.

Winter Livestock - Dodge City · Kansas

Compared to last week with very uneven trend. Steers and Heifers mostly steady to 10.00 higher. Quality was plain to average with a lot of excess fullness.

Southern Oklahoma Livestock Auction · Oklahoma

Compared to last week, there were very few true weight comparisons due to last weeks light run, but steers and heifers sold with a steady to firm undertone. Demand was good with some quality groups of calves and yearlings in town.

Springfield Livestock Marketing Center · Missouri

Compared to one week ago: Slaughter cows 4.00 to 8.00 lower, slaughter bulls steady. Feeder steers, bulls, and heifers steady to 2.00 higher.

Arcadia Stockyard (Wed) · Florida

Compared to last sale (9-02-26): Steer and heifer calves were too lightly tested to develop any market trend. Yearling steers and heifers were also too lightly tested to develop any market trend. Demand for both calves and yearlings on light offerings was mostly good.

Public Auction Yards · Montana

Compared to one week ago: Slaughter cows sold 2.00 to 6.00 lower. Slaughter bulls sold steady to 2.00 higher. Feeder classes sold steady to 5.00 higher with instances up to 10.00 higher. Replacement cows and pairs sold steady to firm. Trade active with good demand on feeder cattle.

Brundidge Stockyards · Alabama

Cows and bulls

National direct, dressed USDA
ClassPriceDirectionHead
Breaker (75% lean)292.26/cwt$6.18 higher802
Boner (85% lean)296.75/cwt$0.08 lower2,268
Cutter (90% lean)297.80/cwt$2.44 lower4,005
Premium White309.25/cwt$8.05 lower1,955
Bull (92% lean)337.82/cwt$5.20 lower535

What published

See every report →
86 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.