The market in a line
Tue, Aug 11Choice cutout held near $371.31. 4 Mississippi barns reported 285 priced lots.
Feeder steers
Mississippi, week of Aug 10 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 | 506.28/cwt | $3.57 higher | 102 | 9 |
| 400-499 lb | 444.32/cwt | $16.78 higher | 138 | 9 |
| 500-599 lb | 383.41/cwt | $0.51 higher | 278 | 9 |
| 600-699 lb | 359.65/cwt | $8.22 higher | 252 | 8 |
| 700-799 lb | 338.15/cwt | $11.17 higher | 103 | 7 |
| 800-899 lb | 340.00/cwt | $20.25 higher | 1 | 1 |
Barn by barn, 500–599 lb steers
Same day, same class USDAEvery barn that sold at least 20 head of this class on Tue, Aug 11, weighted by head. Spread of $11.93 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 · Aug 11 USDAChoice $371.31, $0.11 lower. Select $349.80, $1.04 lower. The Choice–Select spread stands at $21.51. 124 loads traded.
Fed cattle
National · Negotiated cash, week to date USDA48,598 head traded Aug 1–Aug 7.
| Region | Basis | Price | Head |
|---|
| Iowa-Minnesota | Dressed Delivered | 375.39 | 3,154 |
| Iowa-Minnesota | Live Delivered | 239.18 | 1,090 |
| Iowa-Minnesota | Live FOB | 235.32 | 6,326 |
| Kansas | Dressed Delivered | 370.00 | 39 |
| Kansas | Live FOB | 234.94 | 3,813 |
| Nebraska | Dressed Delivered | 370.39 | 14,747 |
At the Mississippi barns
USDA market reporters, as filed USDAAs compared to the last market: Feeder calves sold steady. Sold some really nice weaned calves in several groups they will be the 1/2 in the calf prices. Slaughter cattle sold a little lower today, didn't have the good high yield cows today like last week.
Brookhaven Livestock Auction · Mississippi
As compared to last weeks sale : Feeder Steers and Heifers sold steady. Slaughter cattle sold slightly lower. Not the same class of high yielding cows as compared to last weeks sale.
Tylertown Livestock Auction · Mississippi
Compared to last week: Feeder calves sold mixed 15.00 lower to 15.00 higher. Slaughter cattle sold steady to 7.00 higher.
Philadelphia Livestock Auction · Mississippi
Cows and bulls
National direct, dressed USDA| Class | Price | Direction | Head |
|---|
| Breaker (75% lean) | 315.15/cwt | $1.17 higher | 324 |
| Boner (85% lean) | 334.80/cwt | $3.60 higher | 1,210 |
| Cutter (90% lean) | 337.79/cwt | $6.54 higher | 2,247 |
| Premium White | 324.86/cwt | $0.28 higher | 1,385 |
| Bull (92% lean) | 372.24/cwt | $1.93 lower | 478 |
Every USDA report carried this date is listed in the archive.