Feeder steers
Nebraska, 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 | 586.28/cwt | $9.28 lower | 347 | 9 |
| 400-499 lb | 520.92/cwt | $4.41 higher | 2,286 | 9 |
| 500-599 lb | 463.33/cwt | $7.15 higher | 4,739 | 9 |
| 600-699 lb | 419.03/cwt | $11.88 higher | 3,441 | 9 |
| 700-799 lb | 377.12/cwt | $1.30 lower | 806 | 8 |
| 800-899 lb | 353.60/cwt | $2.29 higher | 486 | 5 |
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 23, weighted by head. Spread of $22.94 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 23 USDAChoice $365.79, $3.68 lower. Select $352.69, $2.28 higher. The Choice–Select spread stands at $13.10. 124 loads traded.
Fed cattle
National · Negotiated cash, week to date USDA391 head traded Oct 17–Oct 23.
| Region | Basis | Price | Head |
|---|
| Iowa-Minnesota | Dressed Delivered | 354.50 | 152 |
| Iowa-Minnesota | Live FOB | 225.66 | 239 |