Feeder steers
Nebraska, week of Oct 26 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 | 595.83/cwt | $9.55 higher | 251 | 9 |
| 400-499 lb | 520.09/cwt | $0.83 lower | 2,415 | 9 |
| 500-599 lb | 455.72/cwt | $7.61 lower | 4,997 | 9 |
| 600-699 lb | 409.78/cwt | $9.25 lower | 2,915 | 9 |
| 700-799 lb | 375.64/cwt | $1.48 lower | 623 | 7 |
| 800-899 lb | 344.72/cwt | $8.88 lower | 287 | 6 |
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 30, weighted by head. Spread of $26.96 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 30 USDAChoice $364.66, $2.62 lower. Select $351.98, $0.35 higher. The Choice–Select spread stands at $12.68. 126 loads traded.
Fed cattle
National · Negotiated cash, week to date USDA20,615 head traded Oct 24–Oct 30.
| Region | Basis | Price | Head |
|---|
| Iowa-Minnesota | Dressed Delivered | 354.75 | 2,433 |
| Iowa-Minnesota | Dressed FOB | 355.00 | 256 |
| Iowa-Minnesota | Live Delivered | 224.25 | 42 |
| Iowa-Minnesota | Live FOB | 223.10 | 7,537 |
| Nebraska | Dressed Delivered | 350.34 | 5,800 |
| Nebraska | Dressed FOB | 352.57 | 1,130 |