Feeder steers
Virginia, week of Oct 26 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 | 424.84/cwt | $14.17 lower | 28 | 4 |
| 400-499 lb | 416.94/cwt | $13.03 lower | 119 | 5 |
| 500-599 lb | 397.41/cwt | $0.93 higher | 256 | 5 |
| 600-699 lb | 352.56/cwt | $1.09 higher | 236 | 5 |
| 700-799 lb | 330.79/cwt | $11.04 higher | 66 | 4 |
| 800-899 lb | 313.18/cwt | $11.19 lower | 60 | 3 |
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 26, weighted by head. Spread of $10.28 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 26 USDAChoice $369.44, $3.65 higher. Select $357.56, $4.87 higher. The Choice–Select spread stands at $11.88. 89 loads traded.
Fed cattle
National · Negotiated cash, week to date USDA391 head traded Oct 17–Oct 23.
| Region | Basis | Price | Head |
|---|
| Iowa-Minnesota | Dressed Delivered | 354.50 | 152 |
| Iowa-Minnesota | Live FOB | 225.66 | 239 |