The market in a line
Sat, Oct 17Choice cutout closed $1.67 lower at $372.31. 3 Tennessee barns reported 201 priced lots.
Feeder steers
Tennessee, week of Oct 12 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 | 430.69/cwt | $13.64 lower | 121 | 14 |
| 400-499 lb | 416.75/cwt | $13.13 higher | 242 | 14 |
| 500-599 lb | 373.33/cwt | $11.72 higher | 533 | 14 |
| 600-699 lb | 349.28/cwt | $13.60 higher | 690 | 14 |
| 700-799 lb | 335.73/cwt | $3.58 higher | 530 | 11 |
| 800-899 lb | 322.31/cwt | $3.31 lower | 265 | 11 |
Boxed beef
National · PM close · Oct 16 USDAChoice $372.31, $1.67 lower. Select $353.05, $0.43 higher. The Choice–Select spread stands at $19.26. 135 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 |
At the Tennessee barns
USDA market reporters, as filed USDACompared to last week Feeder Steers/ Bulls 6.00 to 12.00 higher with good quality and strong demand; Feeder Heifer 10.00 lower; Slaughter Cows/ Bulls mostly steady.
Carthage Livestock Auction · Tennessee
Cows and bulls
National direct, dressed USDA| Class | Price | Direction | Head |
|---|
| Breaker (75% lean) | 245.39/cwt | $0.49 lower | 561 |
| Boner (85% lean) | 258.35/cwt | $1.32 higher | 2,252 |
| Cutter (90% lean) | 259.54/cwt | $1.43 lower | 4,167 |
| Premium White | 274.19/cwt | $0.65 lower | 1,498 |
| Bull (92% lean) | 317.49/cwt | $0.36 lower | 438 |
Every USDA report carried this date is listed in the archive.