The market in a line
Sat, Aug 15Choice cutout held near $375.30. 3 Tennessee barns reported 167 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 |
Boxed beef
National · PM close · Aug 14 USDAChoice $375.30, $0.60 lower. Select $351.24, $2.00 higher. The Choice–Select spread stands at $24.06. 76 loads traded.
Fed cattle
National · Negotiated cash, week to date USDA21,970 head traded Aug 8–Aug 14.
| Region | Basis | Price | Head |
|---|
| Iowa-Minnesota | Dressed Delivered | 363.50 | 2,377 |
| Iowa-Minnesota | Live Delivered | 230.58 | 26 |
| Iowa-Minnesota | Live FOB | 227.80 | 2,986 |
| Kansas | Dressed Delivered | 360.00 | 156 |
| Kansas | Live FOB | 228.00 | 117 |
| Nebraska | Dressed Delivered | 364.34 | 9,997 |
At the Tennessee barns
USDA market reporters, as filed USDANo trends established, due to lack of comparable sales. However sharply lower undertones noted on Feeder Cattle. Fair quality and moderate demand.
Crossville Livestock Auction · Tennessee
No market trends available due to limited comparable receipts, however, a lower undertone was noted for feeder and slaughter classes, due in part to the recent downturn in the futures market and decreased buyer participation.
Greenville Livestock Auction - Greenville, TN · Tennessee
Cows and bulls
National direct, dressed USDA| Class | Price | Direction | Head |
|---|
| Breaker (75% lean) | 308.80/cwt | $3.13 lower | 461 |
| Boner (85% lean) | 327.98/cwt | $0.45 lower | 1,751 |
| Cutter (90% lean) | 328.29/cwt | $0.20 lower | 2,659 |
| Premium White | 324.77/cwt | $2.99 lower | 1,747 |
| Bull (92% lean) | 367.46/cwt | $0.52 lower | 373 |
Every USDA report carried this date is listed in the archive.