The market in a line
Thu, Aug 20Choice cutout closed $5.06 lower at $389.93. 3 Kentucky barns reported 306 priced lots.
Feeder steers
Kentucky, week of Aug 17 USDAWeighted across every reported lot, by weight class. Weekly rather than daily — one day's barns are too thin a base for a state figure. Watch the barn count: a weight class carried by one or two barns is a thin figure, not a market.
| Weight | Price | vs prior week | Head | Barns |
|---|
| 300-399 lb | 481.37/cwt | $34.43 lower | 104 | 13 |
| 400-499 lb | 442.91/cwt | $32.67 lower | 216 | 15 |
| 500-599 lb | 402.97/cwt | $25.43 lower | 345 | 18 |
| 600-699 lb | 378.82/cwt | $7.07 lower | 462 | 15 |
| 700-799 lb | 338.96/cwt | $22.01 lower | 327 | 12 |
| 800-899 lb | 338.59/cwt | $2.61 lower | 274 | 9 |
Barn by barn, 500–599 lb steers
Same day, same class USDAEvery barn that sold at least 20 head of this class on Thu, Aug 20, weighted by head. Spread of $5.48 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
National · PM close · Aug 20 USDAChoice $389.93, $5.06 lower. Select $363.74, $0.43 lower. The Choice–Select spread stands at $26.19. 110 loads traded.
Fed cattle
National · Negotiated cash, week to date USDA14,303 head traded Aug 14–Aug 20.
| Region | Basis | Price | Head |
|---|
| Iowa-Minnesota | Dressed Delivered | 355.21 | 1,591 |
| Iowa-Minnesota | Live FOB | 224.89 | 4,057 |
| Kansas | Live FOB | 228.00 | 117 |
| Nebraska | Dressed Delivered | 357.81 | 5,074 |
| Nebraska | Dressed FOB | 359.18 | 999 |
| Nebraska | Live FOB | 226.42 | 2,465 |
At the Kentucky barns
USDA market reporters, as filed USDACompared to last Thursday feeder steers sold 10.00 to 15.00 lower. Feeder heifers sold 12.00 to 16.00 lower. Plainer quality feeders sold sharply lower in some instances. There was moderate demand for feeder and yearling classes. Slaughter cows and bulls sold 6.00 to 8.00 lower.
Paris Livestock Auction · Kentucky
Compared to last Thursday: Feeder and yearling steers under 700 lbs 12.00-15.00 lower, 800 lbs and up 5.00-8.00 lower, Feeder and yearling heifers steady to 8.00 lower, Moderate demand for feeder and yearling classes. Slaughter cows and bulls steady, Moderate demand for slaughter classes.
Stanford Livestock Auction · Kentucky
Compared to last Thursday: Feeder steers sold mostly steady on a light test. Feeder heifers traded 4.00-6.00 lower. Softer demand for feeders especially the plain quality and unweaned calves. Slaughter cows and bulls sold 6.00-8.00 lower.
Guthrie Livestock Auction · Kentucky
Cows and bulls
National direct, dressed USDA| Class | Price | Direction | Head |
|---|
| Breaker (75% lean) | 309.74/cwt | $1.10 higher | 558 |
| Boner (85% lean) | 319.08/cwt | $7.74 lower | 1,679 |
| Cutter (90% lean) | 318.99/cwt | $5.93 lower | 3,041 |
| Premium White | 322.77/cwt | $1.95 higher | 2,162 |
| Bull (92% lean) | 365.48/cwt | $4.54 lower | 419 |
Every USDA report carried this date is listed in the archive.