The market in a line
Mon, Aug 10Choice cutout closed $7.06 higher at $371.42. 3 Virginia barns reported 152 priced lots.
Feeder steers
Virginia, 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 | 458.73/cwt | $0.04 lower | 42 | 7 |
| 400-499 lb | 448.74/cwt | $8.25 higher | 213 | 9 |
| 500-599 lb | 406.82/cwt | $2.32 lower | 321 | 9 |
| 600-699 lb | 378.63/cwt | $10.13 higher | 482 | 9 |
| 700-799 lb | 355.47/cwt | $26.60 higher | 328 | 9 |
| 800-899 lb | 325.13/cwt | $11.95 lower | 164 | 5 |
Barn by barn, 500–599 lb steers
Same day, same class USDAEvery barn that sold at least 20 head of this class on Mon, Aug 10, weighted by head. Spread of $24.25 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 10 USDAChoice $371.42, $7.06 higher. Select $350.84, $1.53 lower. The Choice–Select spread stands at $20.58. 69 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 |
Cows and bulls
National direct, dressed USDA| Class | Price | Direction | Head |
|---|
| Breaker (75% lean) | 313.98/cwt | $3.22 higher | 340 |
| Boner (85% lean) | 331.20/cwt | $2.87 higher | 1,338 |
| Cutter (90% lean) | 331.25/cwt | $1.49 higher | 2,344 |
| Premium White | 324.58/cwt | $1.20 lower | 1,409 |
| Bull (92% lean) | 374.17/cwt | $1.17 higher | 371 |
Every USDA report carried this date is listed in the archive.