AGRIBUSINESS: Manchester Livestock Auction Ends Year With Record
‘Fed Cattle’ is a term used to refer to cattle leaving a feedlot after being fed on a concentrated finishing ration to get the animals up to market weight, usually around 1,100 pounds.
Nowadays most fed cattle are sold directly from large feedlots to buyers like Tyson Foods or J.B.S. Smaller feeders often sell their fed cattle at auction, like the weekly sale in Manchester, Iowa.
This Tuesday marked the year’s final livestock auction in Manchester with 978 head of fed cattle sold. That’s quite a few more than a normal sale, according to office manager Susan Troester.
“Usually anywhere from 600 to 800 head,” Troester says is typical. “Now, years ago we had an average of a thousand or more,” she said.
“In fact we broke another record today, $137.85. That’s the new top on steers; $137.75 on heifers,” Troester said.
The record high was broken around 20-times this year, according to owner Marvin Waterhouse.
Tuesday’s sale included something of an oddity for the Manchester auction, one longhorn bull and two longhorn steer. Sold individually, they brought in just under 51-cents per-pound.
The next auction in Manchester will be held on Jan. 7, 2014.