The market in a line
Thu, Aug 6Choice cutout closed $4.11 lower at $363.86. 3 Texas barns reported 189 priced lots.
Feeder steers
Texas, week of Aug 3 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 | 507.83/cwt | $45.47 lower | 120 | 5 |
| 400-499 lb | 440.87/cwt | $3.13 lower | 195 | 5 |
| 500-599 lb | 388.50/cwt | $2.12 lower | 250 | 5 |
| 600-699 lb | 361.04/cwt | $6.36 higher | 281 | 5 |
| 700-799 lb | 338.08/cwt | $9.16 higher | 258 | 4 |
| 800-899 lb | 324.62/cwt | $3.41 higher | 82 | 4 |
Barn by barn, 500–599 lb steers
Same day, same class USDAEvery barn that sold at least 20 head of this class on Thu, Aug 6, weighted by head. Spread of $37.07 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 · Aug 6 USDAChoice $363.86, $4.11 lower. Select $349.78, $1.72 higher. The Choice–Select spread stands at $14.08. 118 loads traded.
Fed cattle
National · Negotiated cash, week to date USDA49,995 head traded Jul 31–Aug 6.
| Region | Basis | Price | Head |
|---|
| Iowa-Minnesota | Dressed Delivered | 375.39 | 3,154 |
| Iowa-Minnesota | Live Delivered | 236.93 | 2,071 |
| Iowa-Minnesota | Live FOB | 234.93 | 8,405 |
| Kansas | Dressed Delivered | 370.00 | 39 |
| Kansas | Live FOB | 234.44 | 5,017 |
| Nebraska | Dressed Delivered | 370.21 | 14,682 |
At the Texas barns
USDA market reporters, as filed USDACompared to last week, feeder steers and heifers sold higher while feeder bulls sold weaker. Slaughter cows overall sold 1.00 to 2.00 lower. Slaughter bulls sold steady.
Producers Livestock Auction Co - San Angelo · Texas
Compared to last week: Steers traded mostly steady on a light test. All classes of heifers traded mostly 5.00 to 10.00 higher with larger advances noted on lighter weights. Trading activity was moderate to active on good buyer demand. Slaughter cows and bulls traded mostly steady.
Tulia Livestock Auction · Texas
Cows and bulls
National direct, dressed USDA| Class | Price | Direction | Head |
|---|
| Breaker (75% lean) | 314.18/cwt | $5.49 lower | 287 |
| Boner (85% lean) | 329.05/cwt | $5.48 lower | 1,699 |
| Cutter (90% lean) | 330.32/cwt | $2.38 lower | 3,110 |
| Premium White | 325.83/cwt | $1.91 lower | 2,076 |
| Bull (92% lean) | 375.25/cwt | $1.68 lower | 376 |
Every USDA report carried this date is listed in the archive.