The market in a line
Tue, Aug 18Choice cutout closed $11.58 higher at $391.15. 3 Mississippi barns reported 215 priced lots.
Feeder steers
Mississippi, 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 | 498.78/cwt | $4.46 lower | 140 | 11 |
| 400-499 lb | 414.21/cwt | $19.55 lower | 181 | 11 |
| 500-599 lb | 368.88/cwt | $10.95 lower | 270 | 10 |
| 600-699 lb | 341.85/cwt | $17.27 lower | 222 | 10 |
| 700-799 lb | 325.37/cwt | $9.33 lower | 107 | 10 |
| 800-899 lb | 299.41/cwt | $12.79 lower | 16 | 7 |
Boxed beef
National · PM close · Aug 18 USDAChoice $391.15, $11.58 higher. Select $366.29, $2.03 higher. The Choice–Select spread stands at $24.86. 118 loads traded.
Fed cattle
National · Negotiated cash, week to date USDA23,779 head traded Aug 12–Aug 18.
| Region | Basis | Price | Head |
|---|
| Iowa-Minnesota | Dressed Delivered | 363.50 | 2,377 |
| Iowa-Minnesota | Live Delivered | 230.58 | 26 |
| Iowa-Minnesota | Live FOB | 227.60 | 3,366 |
| Kansas | Dressed Delivered | 360.00 | 156 |
| Kansas | Live FOB | 228.00 | 117 |
| Nebraska | Dressed Delivered | 363.67 | 11,426 |
At the Mississippi barns
USDA market reporters, as filed USDAAs compared to last weeks market: Feeder cattle sold steady to $10.00 higher in spots. Slaughter cattle sold lower $2.00- $10.00. Some really nice heifers @490lbs = $5.65, 575lbs = $602.50, 545lbs = $ 5.40.
Tylertown Livestock Auction · Mississippi
As compared to the last market: Feeder calves sold mixed, sold some really good calves that brought very good money. Slaughter cattle sold steady.
Brookhaven Livestock Auction · Mississippi
Cows and bulls
National direct, dressed USDA| Class | Price | Direction | Head |
|---|
| Breaker (75% lean) | 306.48/cwt | $7.43 lower | 541 |
| Boner (85% lean) | 328.25/cwt | $3.02 higher | 1,566 |
| Cutter (90% lean) | 333.46/cwt | $10.30 higher | 2,512 |
| Premium White | 322.92/cwt | $1.15 lower | 1,896 |
| Bull (92% lean) | 368.72/cwt | $0.56 lower | 373 |
Every USDA report carried this date is listed in the archive.