National feeder and stocker cattle report
Published 4:15 pm Monday, September 30, 2024

- A new report from the Food and Agricultural Policy Research Institute says livestock and dairy receipts will exceed commodity receipts this year.
NATIONAL FEEDER
AND STOCKER CATTLE
(Federal-State Market News)
St. Joseph, Mo.
Sept. 30
RECEIPTS
This Week Last Week Last Year
220,400 280,500 245,800
Compared to last week, steers and heifers sold steady to 5.00 higher. Good demand for yearling steers and heifers, especially for those coming right off grass, as the cash fed cattle market has moved higher again, and the cattle futures complex has seemed to find some support.
A few spring-born calves are starting to appear in the auctions, most cattle feeders aren’t ready to mess with a bawling calf yet as they are busy trying to finish harvest and the hot days and cool mornings make it difficult to keep a calf healthy.
The hot and dry conditions look to remain as moisture in the forecast is minimal at best. The calf run will start to get underway in the coming weeks as October begins. Buyers are starting to look for calves with precondition vaccinations, especially protocols with a respiratory booster. Buyers will still purchase calves with spring shots but most of a few dollars back from the fall precondition calves.
Dust in the air from fall harvest with farmers busy combining soybeans and corn.
Auction markets in the Southeast are affected in a huge way with many canceling sales due to infrastructure problems that may/may not get fixed in the immediate future. Torrential downpours from Hurricane Helene isolated towns from Florida through Georgia into the Carolinas and the Tennessee Valley. Many crews are continuing to clear debris, restore power and get supplies into communities that need them as the loss of human life has so far totaled over 120 as of this writing. The farming and ranching communities will have a long road to go to get back to normal, only hoping that their livelihood will take care of them into the future.
Harvest in the Midwest continues to run hot and heavy as farmers push through corn and soybean harvest. Live sales of negotiated cash fed cattle trade in the Southern Plains sold 2.00 higher at 185.00. In Nebraska, live sales sold 2.00 higher at 186.00 to 187.00, while the dressed sales sold 2.00 to 4.00 higher at 294.00.
Choice boxed beef closed the week 3.40 lower at 296.69 while Select was 6.51 lower at 282.08 for the same period. Weekly Cattle Slaughter under federal inspection estimated at 612K, 2K more than last week and the same as a year ago.
Auction volume this week included 58% weighing over 600 lbs and 43% heifers.
NORTHWEST WEIGHTED AVERAGE DIRECT FEEDER CATTLE
Weekly Summary WA-OR-ID-UT
Sept. 27
THIS WEEK LAST WEEK LAST YEAR
518 5981 1688
Compared to last week: Not enough comparable sales to establish a trend. Demand moderate. Supply included: 100% Feeder Cattle (59.5% Steers, 40.5% Heifers). Feeder cattle supply over 600 lbs was 95%. Unless otherwise noted, Feeder Cattle prices FOB based on net weights after a 2-3% shrink or equivalent, with a 8-12 cent slide >600 lbs. and 20-30 cent slide <600 lbs. Livestock reported this week originated from ID, OR.
Steers — Large 1
108 head: 865 lbs, 235.00 Current DEL
Steers — Medium and Large 1-2
175 head: 880 lbs, 220.00 Current DEL
25 head: 625 lbs, 255.00 Nov DEL
Heifers — Medium and Large 1
80 head: 850 lbs; 225.00 Current DEL
Heifers — Medium and Large 1-2
105 head: 810 lbs; 217.00 Current DEL
25 head: 525 lbs; 245.00 Nov DEL
Northwest Direct: https://www.ams.usda.gov/mnreports/AMS_3059.pdf