HEAVY TEXAS STEERS

1. A bid at $73.50 on 62/66 lb. averages was countered at $75.00 c&f

1. Texas sold at $67.00 on 62/66 lb. averages, steady with last

 

 

BRANDED STEERS

1. $71.50 c&f on 66/68 lb. averages was passed

1. A sale was posted at $67.00 on seasonal averages

1. A sale was reported at $68.00 based on a c&f calculation

1. Colorado’s were bid at $71.50 c&f and countered

1. Heavy western averages sold at $73.00 c&f

1. Another bid at $73.00 c&f on seasonal averages was passed

1. 62/66 lb. averages were reported at $67.00

 

 

BUTT BRANDED STEERS

1. $68.00 was reported on a c&f calculation

1. A bid at $73.00 was passed and countered at $74.00

 

 

HEAVY NATIVE STEERS

1. Wet blues were bid at $88.00 c&f and countered

 

 

PLUMP COWS

1. A bid at $50.00 on conventional natives was passed by the over sold producer

1. Western brands were bid at $38.00 and countered at $40.00

 

 

SKINS

1. 35/45 lb. provimi types were bid at $66.00 c&f and passed by the producer

 

 

BULLS

1. A bid at $49.00 on natives was countered at $52.00 and passed

1. Partially branded bulls were bid at $40.00 and countered at $45.00

 

 

SMALL PACKERS

1. Native steer/heifers were bid at $52.50 c&f

 

 

MARKET OBSERVATIONS

Today’s trend: Firm but not quite as “hot”

1. Word from Europe so far this week is that the market has reached a peak – at least temporarily

1.  Low grades are in tight supply with good demand that has been seen cleaning out producers.

1. After 3 of 5 trading days, steers have only generally traded at steady prices.

 

 

FEDERALLY INSPECTED SLAUGHTER

 

Today	126,000
Last week	126,000
Last year	123,000
Week to date	374,000
Last week	383,000
Last year	376,000

 

Tuesday’s slaughter included 98,000 steer/heifers and 26,000 cows and bull

PRICE GUIDE SELECTION WEIGHT PER PC FOB Heavy Texas Steers 64-66 $67.00-68.00 Branded Steers 64-66 $66.00-67.00 Colorado Steers 64-66 $62.00-64.00 Butt Branded Steers 64-66 $66.00-67.00 Heavy Native Steers 64-66 $67.00-68.00 Heavy Native Heifers 50-52 $58.00-60.00 Branded Heifers 50-52 $56.00-58.00 Heavy Native Cows 50-52 $48.00-50.00 Branded Cows 50-52 $40.00-42.00 Spready Dairy Cows 50-52 $54.00-56.00 Over-weight Kip 25-35 $55.00-57.00 Native Bulls 100-110 $50.00-52.00