1749 cattle sold at auction today. The market was soft compared to a year, but strong when comparing present overall conditions. With fed cattle trading at the lowest prices in a long time, feeder replacements just aren’t worth as much as reflected today. An unkind futures board and spreadsheets full of red ink by cattle feeders tells the story
300# to 400# steers averaged
$162.13 with a $182.50 top and heifers $134 and $155
400# t0 500# steers averaged
$158 with a $175.50 top and heifers $147.85 and $160
500# to 600# steers averaged
$147.45 with a $159 top and heifers $133.65 and $148
600# to 700# steers averaged
$139.68 with a $150 top and heifers $128.18 and $134
800# to 900# steers averaged
$140.30 with a $142.50 top and heifers NA
900# to 1000# steers $121 to
$137.50 and heifers NA
Steer Load Lots
(728#-$148.50) (756#-$146.25) (800#-$142.50)
(820#-$142.25) (847#-$140.50)
(911#-$137.50) (978#-$126)
(997#-123.50)
The next feeder special is
Thursday October 20 and is open to all.