Eastern Cornbelt direct cattle trade — week of October 19, 2026

Feeder cattle sold ranch to feedlot, outside the auction ring, Oct 19–October 23, 2026. Covers Illinois, Indiana, MI, MN, OH, Kentucky.

Head traded F.O.B.
1,353
Last report 1,159 · last year 691
Delivered — more
Steers 800–899 lb · current
$321.00 /cwt
F.O.B. · 4-wk avg $321.67
Heifers 700–799 lb · current
$315.17 /cwt
F.O.B. · 4-wk avg $316.14

Compared to last week: Not enough comparable trades to test trends. Demand good.

USDA Market News reporter, week of October 19, 2026

Supply included: 100% Feeder Cattle (61% Steers, 39% Heifers). Feeder cattle supply over 600 lbs was 100%. Unless otherwise noted, Feeder Cattle prices FOB based on net weights after a 2-3% shrink or equivalent, with a 14-16 cent slide > 600 lbs.

Feeder steers — week of Oct 19

WeightCurrent headAvg wtCurrent $/cwtvs last weekForward $/cwtDelivered $/cwt
700–799 lb 59788 lb $336.50 — — —
800–899 lb 480851 lb $321.00 −4.00 — —
900–999 lb 287922 lb $313.25 +10.25 — —
Medium and Large No. 1 and 1–2, regular lots, cash trades, head-weighted by 100-lb band. Current = delivery within about two weeks; forward = later delivery (months listed). Main prices are F.O.B. (buyer pays freight); the last column is the other freight basis, current delivery. † Based on fewer than 5 head; treat as a rough price.

Feeder heifers — week of Oct 19

WeightCurrent headAvg wtCurrent $/cwtvs last weekForward $/cwtDelivered $/cwt
700–799 lb 202737 lb $315.17 +2.17 $312.40325 hd · Jan, Nov —
Medium and Large No. 1 and 1–2, regular lots, cash trades, head-weighted by 100-lb band. Current = delivery within about two weeks; forward = later delivery (months listed). Main prices are F.O.B. (buyer pays freight); the last column is the other freight basis, current delivery. † Based on fewer than 5 head; treat as a rough price.

Price trends (current F.O.B.)

Steers 700–799 lb Rising

Latest (week of October 19, 2026)
$336.50/cwt
4-week average
$336.50
13-week average
$322.25
4-week vs 13-week
+4.4%
52-wk low $308.00high $383.44

Sales in 2 of the last 13 weeks.

Steers 800–899 lb Steady

Latest (week of October 19, 2026)
$321.00/cwt
4-week average
$321.67
13-week average
$321.67
4-week vs 13-week
0.0%
52-wk low $298.00high $342.41

Sales in 3 of the last 13 weeks.

Heifers 700–799 lb Steady

Latest (week of October 19, 2026)
$315.17/cwt
4-week average
$316.14
13-week average
$313.11
4-week vs 13-week
+1.0%
52-wk low $297.00high $334.00

Sales in 5 of the last 13 weeks.

Direction compares the 4-week average with the 13-week average: Rising +1% or more, Steady within ±1%, Easing −1% to −3%, Falling −3% or more. Weekly prices are head-weighted averages of Medium and Large No. 1 and 1–2 feeder cattle, regular lots.

The label describes recent prices; it is not a forecast. In our backtest of every barn since 2019 (about 35,000 barn-weeks), barns labeled Falling went on to beat other barns' average move over the next 13 weeks 61% of the time, and barns labeled Rising trailed it 56% of the time.

Last 52 weeks

Weekly average $/cwt4-week average

Price history

Weekly average $/cwt

Recent weeks

Week ofF.O.B. headDelivered headSteers 800–899Steers 700–799Heifers 700–799
Oct 191,353—$321.00$336.50$315.17
Oct 121,159—$325.00—$313.00
Oct 51,011———$326.00
Sep 286,208—$319.00—$310.40
Sep 21900————
Sep 14245————
Sep 7485——$308.00$301.00
Aug 31260————
Aug 17576————
Aug 1058————
Aug 3140————
Jul 13130————
Jun 2965————
Current F.O.B. cash trades, $/cwt.

Source: USDA AMS Market News, “Eastern Cornbelt Direct Cattle Report (IL/IN/MI/MN/OH/KY)” (AMS_3096). Direct trades are negotiated between sellers and buyers (often feedlots) and reported to USDA weekly; weights are estimates and prices carry the shrink and slide terms above.