The market in a line
Tue, Aug 11Choice cutout held near $371.31. 5 Tennessee barns reported 368 priced lots.
Feeder steers
Tennessee, week of Aug 10 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 | 478.23/cwt | $11.36 lower | 96 | 11 |
| 400-499 lb | 443.53/cwt | $2.95 lower | 211 | 13 |
| 500-599 lb | 407.93/cwt | $10.65 lower | 501 | 12 |
| 600-699 lb | 369.97/cwt | $18.50 lower | 492 | 12 |
| 700-799 lb | 353.16/cwt | $2.67 lower | 307 | 11 |
| 800-899 lb | 336.48/cwt | $4.73 lower | 335 | 8 |
Barn by barn, 500–599 lb steers
Same day, same class USDAEvery barn that sold at least 20 head of this class on Tue, Aug 11, weighted by head. Spread of $14.01 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 · Aug 11 USDAChoice $371.31, $0.11 lower. Select $349.80, $1.04 lower. The Choice–Select spread stands at $21.51. 124 loads traded.
Fed cattle
National · Negotiated cash, week to date USDA48,598 head traded Aug 1–Aug 7.
| Region | Basis | Price | Head |
|---|
| Iowa-Minnesota | Dressed Delivered | 375.39 | 3,154 |
| Iowa-Minnesota | Live Delivered | 239.18 | 1,090 |
| Iowa-Minnesota | Live FOB | 235.32 | 6,326 |
| Kansas | Dressed Delivered | 370.00 | 39 |
| Kansas | Live FOB | 234.94 | 3,813 |
| Nebraska | Dressed Delivered | 370.39 | 14,747 |
At the Tennessee barns
USDA market reporters, as filed USDACompared to last week, feeder steers sold 1.00 to 5.00 lower with exception of those weighing up to 450 lbs. sharply lower and 6-weights 10.00 higher. Feeder heifers sold 10.00 higher and feeder bulls weighing up to 400 lbs.
Knoxville Livestock Auction - Knoxville, TN · Tennessee
Compared to last week, Feeder Steers under 425lbs 10.00 to 20.00 higher, over 450lbs 10.00 to 15.00 lower. Feeder Heifers and Bulls unevenly steady. Slaughter Cows 2.00 to 5.00 lower. Slaughter Bulls mostly steady to 5.00 higher. Quality and demand fair to good.
Athens Regional Stockyard - Athens, TN · Tennessee
Compared to last week, Feeder Steers/Bulls 5.00-15.00 lower; Feeder Heifers mostly steady to 5.00 higher; Slaughter Cows 3.00-5.00 lower; Slaughter Bulls 5.00 lower.
United Producers Inc (Fayetteville, TN) · Tennessee
Cows and bulls
National direct, dressed USDA| Class | Price | Direction | Head |
|---|
| Breaker (75% lean) | 315.15/cwt | $1.17 higher | 324 |
| Boner (85% lean) | 334.80/cwt | $3.60 higher | 1,210 |
| Cutter (90% lean) | 337.79/cwt | $6.54 higher | 2,247 |
| Premium White | 324.86/cwt | $0.28 higher | 1,385 |
| Bull (92% lean) | 372.24/cwt | $1.93 lower | 478 |
Every USDA report carried this date is listed in the archive.