
The USDA reported 653 head at the La Junta, Colorado special replacement sale on October 31, with 87 percent replacement cattle, mostly bred cows. Slaughter cows made up 13 percent, with boner and lean cow prices ranging from about 101 to 144 per hundredweight.
The event was the first special replacement sale of the season.
Replacement cow pricing gives a read on herd rebuilding demand, and the sale offers limited price signal since no prior-year comparison exists.
After 78 past neutral report events, Live Cattle moved a median +0.2% over 5 sessions (54% higher; middle half -1.0% to +1.0%), and +0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.