The market in a line
Fri, Oct 2Choice cutout closed $2.60 lower at $374.19. 3 Nebraska barns reported 84 priced lots.
Feeder steers
Nebraska, week of Sep 28 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 | 582.46/cwt | $10.90 higher | 308 | 6 |
| 400-499 lb | 511.86/cwt | $2.79 higher | 2,076 | 6 |
| 500-599 lb | 454.60/cwt | $9.89 higher | 3,328 | 6 |
| 600-699 lb | 407.41/cwt | $11.49 higher | 905 | 6 |
| 700-799 lb | 370.27/cwt | $1.98 lower | 495 | 6 |
| 800-899 lb | 345.66/cwt | $2.54 higher | 747 | 4 |
Barn by barn, 500–599 lb steers
Same day, same class USDAEvery barn that sold at least 20 head of this class on Fri, Oct 2, weighted by head. Spread of $47.82 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 2 USDAChoice $374.19, $2.60 lower. Select $354.49, $1.60 higher. The Choice–Select spread stands at $19.70. 119 loads traded.
Fed cattle
National · Negotiated cash, week to date USDA24,298 head traded Sep 26–Oct 2.
| Region | Basis | Price | Head |
|---|
| Iowa-Minnesota | Dressed Delivered | 348.45 | 2,602 |
| Iowa-Minnesota | Dressed FOB | 345.00 | 40 |
| Iowa-Minnesota | Live Delivered | 220.75 | 283 |
| Iowa-Minnesota | Live FOB | 219.38 | 7,538 |
| Nebraska | Dressed Delivered | 346.10 | 8,344 |
| Nebraska | Live Delivered | 226.00 | 700 |
At the Nebraska barns
USDA market reporters, as filed USDAShort consignment sheet of bawling spring calves and pregnancy checked open yearling heifers on offer. Compared to two weeks ago steer calves 400-600 lbs sold steady to 10.00 higher and feeder heifers 800-1000 lbs sold steady to 5.00 lower.
Lexington · Nebraska
Cows and bulls
National direct, dressed USDA| Class | Price | Direction | Head |
|---|
| Breaker (75% lean) | 256.38/cwt | $1.63 higher | 645 |
| Boner (85% lean) | 267.20/cwt | $2.01 higher | 1,979 |
| Cutter (90% lean) | 271.64/cwt | $0.98 higher | 3,366 |
| Premium White | 288.69/cwt | $2.24 higher | 1,597 |
| Bull (92% lean) | 321.95/cwt | $0.89 lower | 352 |
Every USDA report carried this date is listed in the archive.