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Ok, so I am thinking of getting into cattle. I don't know a whole lot about cattle. I was looking at the market report in Galt on beef cattle. My problem is, how do you read it? It says something like this.

Feeder Steers

400-500 lbs. 270.00-302.00

What I want to know is what does the numbers on the right mean? Is saying that you get $270 per a steer? Or a lb? Or what? If it's in $ it don't seem right that it's only $270-302 a steer. It just don't seem right..? Any help would be appreciated a lot? Thanks!
 

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$2.70 a pound to $3.02 a pound for 400-500 weight steers
Takes a while to learn all the lingo etc. Keep asking questions and you'll be a pro in no time ;)
 

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Ok, so I am thinking of getting into cattle. I don't know a whole lot about cattle. I was looking at the market report in Galt on beef cattle. My problem is, how do you read it? It says something like this.

Feeder Steers

400-500 lbs. 270.00-302.00

What I want to know is what does the numbers on the right mean? Is saying that you get $270 per a steer? Or a lb? Or what? If it's in $ it don't seem right that it's only $270-302 a steer. It just don't seem right..? Any help would be appreciated a lot? Thanks!
$270-302 per hundred lbs
 
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