The market in a line
Thu, Aug 6Choice cutout closed $4.11 lower at $363.86. 6 Missouri barns reported 257 priced lots.
Feeder steers
Missouri, week of Aug 3 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 | 484.20/cwt | $46.95 lower | 287 | 10 |
| 400-499 lb | 480.22/cwt | $17.54 higher | 572 | 11 |
| 500-599 lb | 435.71/cwt | $7.79 higher | 1,196 | 13 |
| 600-699 lb | 399.26/cwt | $20.38 higher | 1,271 | 15 |
| 700-799 lb | 365.39/cwt | $18.23 higher | 1,044 | 13 |
| 800-899 lb | 349.15/cwt | $10.59 higher | 641 | 11 |
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 6, weighted by head. Spread of $8.80 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 6 USDAChoice $363.86, $4.11 lower. Select $349.78, $1.72 higher. The Choice–Select spread stands at $14.08. 118 loads traded.
Fed cattle
National · Negotiated cash, week to date USDA49,995 head traded Jul 31–Aug 6.
| Region | Basis | Price | Head |
|---|
| Iowa-Minnesota | Dressed Delivered | 375.39 | 3,154 |
| Iowa-Minnesota | Live Delivered | 236.93 | 2,071 |
| Iowa-Minnesota | Live FOB | 234.93 | 8,405 |
| Kansas | Dressed Delivered | 370.00 | 39 |
| Kansas | Live FOB | 234.44 | 5,017 |
| Nebraska | Dressed Delivered | 370.21 | 14,682 |
At the Missouri barns
USDA market reporters, as filed USDACompared to last week, with a lower supply and little comparisons last week, today's sale shows a positive trend to the market prices. There was a light supply but the offering today had some better attractive calves that crossed the scales. Demand was good to very good.
Wheeler Livestock Auction · Missouri
Compared to the last sale three weeks ago, steers and heifers sold mostly steady. Slaughter cows 5.00 to 10.00 higher. This week's sale was highlighted by a couple really attractive consignments of fall calving bred heifers and running age cows, all met with very good demand.
New Cambria Livestock Market · Missouri
Compared to the last reported sale three weeks ago, steers and heifers sold with a weak to lower undertone. Demand was moderate for a light supply. Slaughter cows sold 3.00-5.00 lower.
Mo-Kan Livestock Market · Missouri
Cows and bulls
National direct, dressed USDA| Class | Price | Direction | Head |
|---|
| Breaker (75% lean) | 314.18/cwt | $5.49 lower | 287 |
| Boner (85% lean) | 329.05/cwt | $5.48 lower | 1,699 |
| Cutter (90% lean) | 330.32/cwt | $2.38 lower | 3,110 |
| Premium White | 325.83/cwt | $1.91 lower | 2,076 |
| Bull (92% lean) | 375.25/cwt | $1.68 lower | 376 |
Every USDA report carried this date is listed in the archive.