The Morning Wire / Texas / Thu Oct 22, 2026

Texas cattle market

The trading day in one page — Thu, Oct 22

● 3 barns reportedEvery figure as filedNational wire →

← Oct 21Oct 22Oct 23 →

The market in a line

Thu, Oct 22

Choice cutout closed $3.12 lower at $369.47. 3 Texas barns reported 220 priced lots.

Feeder steers

Texas, week of Oct 19 USDA

Weighted 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	489.79/cwt	$18.48 higher	224	5
400-499 lb	429.59/cwt	$14.95 higher	486	5
500-599 lb	372.37/cwt	$8.67 lower	424	5
600-699 lb	350.52/cwt	$15.33 higher	361	5
700-799 lb	346.79/cwt	$6.13 higher	475	5
800-899 lb	341.88/cwt	$10.43 higher	317	5

Barn by barn, 500–599 lb steers

Same day, same class USDA

Every barn that sold at least 20 head of this class on Thu, Oct 22, weighted by head. Spread of $24.55 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.

Barn	State	Average	Head
Dalhart Livestock Auction	TX	413.50/cwt	76
Tulia Livestock Auction	TX	388.95/cwt	104

Boxed beef

National · PM close · Oct 22 USDA

Choice $369.47, $3.12 lower. Select $350.41, $4.93 lower. The Choice–Select spread stands at $19.06. 123 loads traded.

Fed cattle

National · Negotiated cash, week to date USDA

24,753 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 Texas barns

USDA market reporters, as filed USDA

Compared to last week: Sale results were largely mixed. Sentiment toward steer calves was largely to the lower side on few comparable sales. Healthy, weaned, thin fleshed calves exhibited the highest demand over fresh cattle. Feeder steers from 600-800 lbs. brought 6.00-7.00 higher.
Dalhart Livestock Auction · Texas

Compared to last week: Steer and heifer calves remained mostly steady. Yearlings were not well tested last week. Demand was moderate to good. Several loads of reputation yearlings available in the offering.
Tulia Livestock Auction · Texas

Compared to last week, all classes of feeder cattle were too lightly tested to develop an accurate market trend, however overall higher undertones were noted. Slaughter cows overall sold 1.00 to 3.00 lower.
Producers Livestock Auction Co - San Angelo · Texas

Cows and bulls

National direct, dressed USDA

Class	Price	Direction	Head
Breaker (75% lean)	249.64/cwt	$2.92 higher	609
Boner (85% lean)	253.47/cwt	$0.39 lower	1,709
Cutter (90% lean)	256.50/cwt	$2.49 lower	4,083
Premium White	268.70/cwt	$2.43 lower	1,017
Bull (92% lean)	318.53/cwt	$3.82 lower	382

What published

See every report →

Every USDA report carried this date is listed in the archive.

Source: USDA AMS. Feeder prices and barn comment are Texas only; boxed beef, fed cattle and the cow market are national, because those markets are. Every figure is USDA's as filed, and the direction words — higher, lower, steady— follow the arithmetic rather than an opinion. Quoted comment is the work of USDA market reporters, credited to the sale it came from. This is RaisedBeef's rendering of USDA data, not a copy of USDA's document and not endorsed by USDA.