Feeder steers
Missouri, week of Oct 19 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 | 500.17/cwt | $7.66 higher | 265 | 13 |
| 400-499 lb | 449.83/cwt | $8.73 higher | 1,229 | 15 |
| 500-599 lb | 401.94/cwt | $0.52 lower | 1,833 | 15 |
| 600-699 lb | 366.21/cwt | $7.79 lower | 2,080 | 15 |
| 700-799 lb | 349.59/cwt | $0.56 higher | 1,869 | 12 |
| 800-899 lb | 327.39/cwt | $4.89 lower | 1,502 | 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, Oct 22, weighted by head. Spread of $18.00 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 22 USDAChoice $369.47, $3.12 lower. Select $350.41, $4.93 lower. The Choice–Select spread stands at $19.06. 123 loads traded.
Fed cattle
National · Negotiated cash, week to date USDA24,753 head traded Oct 10–Oct 16.
| Region | Basis | Price | Head |
|---|
| Iowa-Minnesota | Dressed Delivered | 353.40 | 3,231 |
| Iowa-Minnesota | Dressed FOB | 350.84 | 679 |
| Iowa-Minnesota | Live Delivered | 225.48 | 73 |
| Iowa-Minnesota | Live FOB | 223.03 | 5,858 |
| Nebraska | Dressed Delivered | 351.23 | 9,484 |
| Nebraska | Dressed FOB | 354.00 | 639 |