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AUGUST 21
On Feed August 1 - 102%
Placed during July - 89%
Marketed During July - 93%
United States Cattle on Feed Up 2 Percent, (NASS, USDA, August 21, 2026)
Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.1 million head on August 1, 2026. The inventory was 2 percent above August 1, 2025.
Placements in feedlots during July totaled 1.42 million head, 11 percent below 2025. Net placements were 1.37 million head. Placements were the lowest for July since the series began in 1996. During July, placements of cattle and calves weighing less than 600 pounds were 310,000 head, 600-699 pounds were 215,000 head, 700-799 pounds were 320,000 head, 800-899 pounds were 322,000 head, 900-999 pounds were 185,000 head, and 1,000 pounds and greater were 70,000 head.
Marketings of fed cattle during July totaled 1.62 million head, 7 percent below 2025. Marketings were the lowest for July since the series began in 1996.
Other disappearance totaled 55,000 head during July, 8 percent above 2025.
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Farmers and Ranchers Livestock Comm
2,868 Salina, KS
Thursday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 400.00-437.50 | 500-600 lbs | 360.00-392.00 |
| 600-700 lbs | 365.00-414.00 | 600-700 lbs | 325.00-366.00 |
| 700-800 lbs | 327.50-357.00 | 700-800 lbs | 307.00-330.00 |
| 800-900 lbs | 316.00-345.00 | 800-900 lbs | 293.00-318.00 |
| 900-1000 lbs | 309.00-330.00 | 900-1000 lbs | 260.00-280.00 |
Apache Livestock
1,928 Apache, OK
Thursday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 400-500 lbs | 427.50-437.50 | 300-400 lbs | 500.00-530.00 |
| 500-600 lbs | - | 400-500 lbs | 380.00 |
| 600-700 lbs | 349.00 | 500-600 lbs | - |
| 700-800 lbs | 323.00-344.00 | 600-700 lbs | 306.00-318.00 |
| 800-900 lbs | 310.00-317.50 | 700-800 lbs | 295.00-310.00 |
Mitchell Livestock
1,676 Mitchell, SD
Thursday
| Feeder Steers - Medium & Large #1 | Feeder Heifers - Medium & Large #1 | ||
| 500-600 lbs | 457.50 | 500-600 lbs | 397.50 |
| 600-700 lbs | - | 600-700 lbs | 342.00 |
| 700-800 lbs | 369.00 | 700-800 lbs | 321.00-323.00 |
| 800-900 lbs | 320.00-349.00 | 800-900 lbs | 294.00-310.50 |
| 900-1000 lbs | 296.00-336.75 | 900-1000 lbs | 287.25-302.00 |
CHICAGO MERCANTILE EXCHANGE LIVESTOCK FUTURES SETTLEMENT
Friday
| Live Cattle | Change | Feeder Cattle | Change | ||
| Aug | 223.050 | 0.300 ▼ | Aug | 334.750 | 0.550 ▼ |
| Oct | 217.925 | 0.075 ▼ | Sep | 329.025 | 0.100 ▲ |
| Dec | 218.500 | 0.225 ▲ | Oct | 323.650 | 0.950 ▲ |
CHICAGO BOARD OF TRADE GRAIN FUTURES SETTLEMENTS
Friday
| Corn | Change | Soy Beans | Change | ||
| Sep | 4.8375 | 0.0500 ▲ | Sep | 12.2500 | 0.0425 ▲ |
| Dec | 5.0850 | 0.0500 ▲ | Nov | 12.3950 | 0.0300 ▲ |
| Mar | 5.2350 | 0.0525 ▲ | Jan | 12.5375 | 0.0225 ▲ |
KANSAS CITY BOARD OF TRADE
Friday
| Wheat | Change | ||||
| Sep | 7.5625 | 0.0600 ▼ | |||
| Dec | 7.7250 | 0.0400 ▼ | |||
| Mar | 7.8575 | 0.0425 ▼ | |||
ESTIMATED DAILY CATTLE SLAUGHTER
| Sunday | 99,000 | Thursday |
| Week Ago (est) | 100,000 | Steer & Heifer: 81,000 |
| Year Ago (act) | 101,000 | Cow & Bull: 19,000 |
| Wk To Date (est) | 508,000 | |
| Last Week (est) | 516,000 | |
| Last Year (est) | 553,000 |
Friday, August 21
5 AREA WEEKLY ACCUMULATED WEIGHTED AVG CATTLE PRICE
| As of 10:00 am | Head Count | Avg Weight | Avg Price |
| Live Steer | 14,711 | 1,568 | 225.29 |
| Live Heifer | 3,915 | 1,371 | 225.23 |
| Dressed Steer | 14,656 | 1,007 | 355.80 |
| Dressed Heifer | 4,620 | 893 | 356.14 |
DAILY ESTIMATED CUTOUT VALUES
| 600-900# | Choice | Select | Choice/Select Spread |
| Current Cutout Values: | 385.69 | 361.32 | 24.37 |
| Change from prior day: | -4.24 ▼ | -2.42 ▼ |
DAILY CATTLE SLAUGHTER
| Sunday | 99,000 | Thursday |
| Week Ago (est) | 100,000 | Steer & Heifer: 81,000 |
| Year Ago (act) | 100,872 | Cow & Bull: 19,000 |
| Wk To Date (est) | 508,000 | |
| Last Week (est) | 516,000 | |
| Last Year (est) | 552,765 |
(No LRPs published 8/21/26 due to CoF report)
Friday, August 21
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