Cattle Market Report

The market was 2-3 lower on calves this week. The futures tried to make a comeback this week but the corn market came back for some big gains and drove cattle futures down again. The packers are not doing us any favors with fat cattle trading at 1.12 and the box beef is at record highs and still going up. The calf market was softer on all classes with several fleshy new crop calves coming now, as well. The thin fleshed calves and light yearlings definitely have the most demand just, there is just not many of them showing up now. The feeder cattle were 2-4 lower mainly due to futures and high grain prices. Some of these feeder cattle are getting close to be having a 1.20 cost of gain going into the yards. The stock cows were steady and the packer cows were 1-3 lower on fleshy cows. Prices were steady on lean cows.
 
 
5-7-21
1245 head  
 Feeder Steers
  #2 & #3 #1
200-300 lbs.   180-120
300-400 lbs.   180-200
400-500 lbs.   150-170
500-600 lbs.   140-160
600-700 lbs.   135-145
700-800 lbs.   130-140
 
Feeder Heifers
  #2 & #3 #1
200-300 lbs.   160-180
300-400 lbs.   140-150
400-500 lbs.   130-150
500-600 lbs.   120-138
600-700 lbs.   120-135
700-800 lbs.   120-130
 #2’s and #3’s on Feeder steers and heifers will be 15-25 off of the #1’s
Slaughter Bulls, Yield Grade # 1 & # 2, 1200-2050 lbs: 70-103
Slaughter Cows, #1’s:  50-75
Cutter: 35-45
Stocker Cows PG’d Tested 3 – 9 yrs:
Large Frame 900-1200 Medium Frame 600-800
Cow/Calf Pair with Calves under 250 lbs:
Large Frame 1100-1400 Medium Frame 700-1000
Baby Holstein Calves: n/a Cross Bred Calves: 125-250