Feeder steers
Kentucky, 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 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 | 508.16/cwt | $15.88 lower | 155 | 16 |
| 400-499 lb | 442.12/cwt | $7.71 lower | 330 | 18 |
| 500-599 lb | 394.73/cwt | $4.34 lower | 749 | 18 |
| 600-699 lb | 371.43/cwt | $7.80 higher | 885 | 18 |
| 700-799 lb | 345.16/cwt | $0.10 lower | 705 | 18 |
| 800-899 lb | 336.23/cwt | $0.22 lower | 987 | 13 |
Barn by barn, 500–599 lb steers
Same day, same class USDAEvery barn that sold at least 20 head of this class on Thu, Oct 29, weighted by head. Spread of $15.21 between the top and bottom of 3 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 · Oct 29 USDAChoice $367.28, $1.72 lower. Select $351.63, $3.62 lower. The Choice–Select spread stands at $15.65. 101 loads traded.
Fed cattle
National · Negotiated cash, week to date USDA17,855 head traded Oct 23–Oct 29.
| Region | Basis | Price | Head |
|---|
| Iowa-Minnesota | Dressed Delivered | 356.39 | 2,210 |
| Iowa-Minnesota | Dressed FOB | 355.00 | 256 |
| Iowa-Minnesota | Live Delivered | 224.25 | 42 |
| Iowa-Minnesota | Live FOB | 223.81 | 6,750 |
| Nebraska | Dressed Delivered | 350.74 | 5,400 |
| Nebraska | Dressed FOB | 352.57 | 1,130 |