Summary
Mon, Nov 2Choice cutout closed $2.62 lower at $364.66. 2 barns across 2 states reported 123 priced lots.
Feeder steers
National, week of Oct 26 USDAWeighted across every reported lot, by weight class. Weekly rather than daily — one day's barns are too thin a base for a national figure.
| Weight | Price | vs prior week | Head | Barns |
|---|
| 300-399 lb | 539.49/cwt | $5.07 lower | 4,894 | 167 |
| 400-499 lb | 491.13/cwt | $2.67 higher | 17,438 | 183 |
| 500-599 lb | 436.28/cwt | $2.77 lower | 33,905 | 185 |
| 600-699 lb | 390.72/cwt | $1.21 lower | 22,070 | 182 |
| 700-799 lb | 354.51/cwt | $3.91 higher | 10,013 | 163 |
| 800-899 lb | 342.79/cwt | $2.60 higher | 9,861 | 119 |
Barn by barn, 500–599 lb steers
Same day, same class USDAEvery barn that sold at least 20 head of this class on Mon, Nov 2, weighted by head. Spread of $38.65 between the top and bottom of 2 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.
Boxed beef
PM close · Oct 30 USDAChoice $364.66, $2.62 lower. Select $351.98, $0.35 higher. The Choice–Select spread stands at $12.68. 126 loads traded.
Fed cattle
Negotiated cash, week to date USDA20,615 head traded Oct 24–Oct 30.
| Region | Basis | Price | Head |
|---|
| Iowa-Minnesota | Dressed Delivered | 354.75 | 2,433 |
| Iowa-Minnesota | Dressed FOB | 355.00 | 256 |
| Iowa-Minnesota | Live Delivered | 224.25 | 42 |
| Iowa-Minnesota | Live FOB | 223.10 | 7,537 |
| Nebraska | Dressed Delivered | 350.34 | 5,800 |
| Nebraska | Dressed FOB | 352.57 | 1,130 |
At the barns
USDA market reporters, as filed USDAOne barn per state, largest first — more states file than fit here. Your own state is linked below.
OPEN Compared to last week feeder steers are selling 4.00-10.00 lower. Feeder heifers are selling steady.
Joplin Regional Stockyards · Missouri
Compared to last week: Feeder cattle and calves not well tested in early rounds but a definite lower undertone is noted. Demand is moderate at best. Cattle futures turned negative midweek last week and fell out of bed on Friday.
Oklahoma National Stockyards Market · Oklahoma
Cows and bulls
National direct, dressed USDA| Class | Price | Direction | Head |
|---|
| Breaker (75% lean) | 247.82/cwt | $4.04 lower | 707 |
| Boner (85% lean) | 246.30/cwt | $0.59 lower | 1,856 |
| Cutter (90% lean) | 252.74/cwt | $1.95 higher | 3,607 |
| Premium White | 260.74/cwt | $2.10 lower | 1,166 |
| Bull (92% lean) | 307.56/cwt | $2.65 higher | 472 |
7 USDA reports carried this date — sale barns, state summaries, video and board sales, grain, hay and the national desks.