Feeder steers
Virginia, week of Oct 19 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 | 439.01/cwt | $11.03 lower | 95 | 8 |
| 400-499 lb | 429.97/cwt | $13.31 higher | 327 | 10 |
| 500-599 lb | 396.48/cwt | $12.07 higher | 605 | 10 |
| 600-699 lb | 351.47/cwt | $0.01 higher | 506 | 10 |
| 700-799 lb | 319.75/cwt | $0.96 lower | 176 | 10 |
| 800-899 lb | 324.37/cwt | $50.55 higher | 158 | 6 |
Barn by barn, 500–599 lb steers
Same day, same class USDAEvery barn that sold at least 20 head of this class on Mon, Oct 19, weighted by head. Spread of $13.10 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 · Oct 19 USDAChoice $371.58, $0.73 lower. Select $359.91, $6.86 higher. The Choice–Select spread stands at $11.67. 104 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 |