The market in a line
Sat, Aug 1Choice cutout held near $361.38. 3 Tennessee barns reported 157 priced lots.
Feeder steers
Tennessee, week of Jul 27 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 | 451.21/cwt | $40.02 lower | 105 | 13 |
| 400-499 lb | 436.33/cwt | $6.48 lower | 187 | 14 |
| 500-599 lb | 393.34/cwt | $9.70 lower | 315 | 14 |
| 600-699 lb | 361.95/cwt | $13.87 lower | 331 | 15 |
| 700-799 lb | 326.65/cwt | $13.31 lower | 137 | 12 |
| 800-899 lb | 322.06/cwt | $38.62 lower | 100 | 8 |
Barn by barn, 500–599 lb steers
Same day, same class USDAEvery barn that sold at least 20 head of this class on Sat, Aug 1, weighted by head. Spread of $33.39 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 · Jul 31 USDAChoice $361.38, $0.88 higher. Select $346.23, $4.90 higher. The Choice–Select spread stands at $15.15. 82 loads traded.
Fed cattle
National · Negotiated cash, week to date USDA9,268 head traded Jul 25–Jul 31.
| Region | Basis | Price | Head |
|---|
| Iowa-Minnesota | Dressed Delivered | 364.80 | 354 |
| Iowa-Minnesota | Dressed FOB | 365.00 | 70 |
| Iowa-Minnesota | Live Delivered | 235.81 | 1,432 |
| Iowa-Minnesota | Live FOB | 233.38 | 3,827 |
| Kansas | Live FOB | 232.28 | 1,513 |
| Nebraska | Dressed Delivered | 363.81 | 1,920 |
At the Tennessee barns
USDA market reporters, as filed USDANo trends could be established due to lack of comparable data; however all classes of Feeders traded slightly higher; Slaughter Cows and Bulls traded mostly steady to slightly higher with good quality and steady demand.
Carthage Livestock Auction · Tennessee
No trends established on Feeder Cattle, due to lack of comparable sales. However steady undertones observed. Slaughter Cows steady to 5.00 higher. Slaughter bulls not established.
Crossville Livestock Auction · Tennessee
No market trends available due to limited comparable receipts, however, a lower undertone was noted for feeder bulls.
Greenville Livestock Auction - Greenville, TN · Tennessee
Cows and bulls
National direct, dressed USDA| Class | Price | Direction | Head |
|---|
| Breaker (75% lean) | 313.46/cwt | $3.16 lower | 504 |
| Boner (85% lean) | 330.25/cwt | $3.61 lower | 1,923 |
| Cutter (90% lean) | 332.68/cwt | $1.83 higher | 2,954 |
| Premium White | 328.22/cwt | $0.31 lower | 1,632 |
| Bull (92% lean) | 376.44/cwt | $1.72 higher | 346 |
Every USDA report carried this date is listed in the archive.