Feeder steers
South Dakota, 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 | 605.30/cwt | $6.35 lower | 784 | 7 |
| 400-499 lb | 519.73/cwt | $1.27 higher | 4,564 | 8 |
| 500-599 lb | 464.42/cwt | $9.70 higher | 10,658 | 7 |
| 600-699 lb | 430.77/cwt | $9.23 higher | 4,170 | 8 |
| 700-799 lb | 368.61/cwt | $12.50 lower | 434 | 7 |
| 800-899 lb | 347.33/cwt | $12.33 lower | 862 | 6 |
Barn by barn, 500–599 lb steers
Same day, same class USDAEvery barn that sold at least 20 head of this class on Wed, Oct 21, weighted by head. Spread of $24.46 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 21 USDAChoice $372.59, $0.71 lower. Select $355.34, $6.20 lower. The Choice–Select spread stands at $17.25. 91 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 |