What did feeder cattle close at today?

What did feeder cattle close at today?

Agriculture

Name	Price	%
Live Cattle	1.37	0.92
Lean Hog	0.84	0.48
Corn	6.04	0.25
Feeder Cattle	1.63	1.01

How are cows prices at auction?

Auctions rely upon bidding to set the sales price. On a good day, animals command premium prices. You can go to the USDA’s livestock reports online and view the average sales price for animals you’re interested in. This way, you have a base rate in mind before bidding.

What is the current market price for beef?

December 2020 cattle prices were at $109.25, down $0.14 from the month before and down $10.95 from the same time last year. Monthly cattle prices averaged $107.67 in 2020. Monthly cattle prices averaged $117.15 in 2019 and $117.07 in 2018. The highest monthly cattle price so far in 2020 was $123.86 in January.

How do you read a livestock auction price?

For example, say 300- to 500-pound steers are averaging $95 to $118. The price listed is for hundred weight. In other words, for every 100 pounds the steer weighs, you will receive up to $118.00. Thus, a 350-pound calf would bring $413.00 (3.5 X $118).

How much is a 500 lb steer worth?

For 500 lb steers, target purchase prices ranged from $1.83 to $2.03 per lb. For 600 lb steers, target purchase prices ranged from $1.67 to $1.83 per lb. When targeting a $75 per head gross profit, breakeven purchase prices were $1.93/lb for 500 lb steers and $1.75/lb for 600 lb steers.

How much does a steer sell for at auction?

These researchers reported selling prices for steers at $132.34, heifers at $118.46, and bulls at $107.63 were significantly different from each other. They said polled calves at $127.78 sold for a higher price than horned calves at $104.91.

How much is a Brangus cow worth?

Genetrust @ Cavender’s Neches River Ranch

#	Brangus Purebred	Average
74	open heifers	$4,750
28	bred heifers	$4,714
4	bred cows	$4,063
5	spring pairs	$3,220