Feeder steers
South Carolina, 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 | 408.68/cwt | $10.90 lower | 18 | 5 |
| 400-499 lb | 395.06/cwt | $1.55 lower | 58 | 6 |
| 500-599 lb | 360.21/cwt | $13.27 higher | 126 | 6 |
| 600-699 lb | 322.28/cwt | $9.69 higher | 117 | 6 |
| 700-799 lb | 294.08/cwt | $13.83 lower | 45 | 4 |
| 800-899 lb | 298.54/cwt | $11.04 higher | 24 | 3 |
Barn by barn, 500–599 lb steers
Same day, same class USDAEvery barn that sold at least 20 head of this class on Mon, Oct 19, weighted by head. Spread of $4.40 between the top and bottom of 2 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 19 USDAChoice $371.58, $0.73 lower. Select $359.91, $6.86 higher. The Choice–Select spread stands at $11.67. 104 loads traded.
Fed cattle
National · Negotiated cash, week to date USDA24,753 head traded Oct 10–Oct 16.
| Region | Basis | Price | Head |
|---|
| Iowa-Minnesota | Dressed Delivered | 353.40 | 3,231 |
| Iowa-Minnesota | Dressed FOB | 350.84 | 679 |
| Iowa-Minnesota | Live Delivered | 225.48 | 73 |
| Iowa-Minnesota | Live FOB | 223.03 | 5,858 |
| Nebraska | Dressed Delivered | 351.23 | 9,484 |
| Nebraska | Dressed FOB | 354.00 | 639 |