Past Market Reports
How to read Market Reports
What does "cwt" mean?
CWT refers to the cost of the animal per one hundred pounds.
Example: if a steer is 125.50 cwt, that means that for every hundred pounds the steer weighs, you pay $125.50.
Furthermore, if a steer is 125.50 cwt, that also means that for every one pound the steer weighs, you pay $1.25 ½ (one dollar, twenty-five and a half cents).
What does "HD" mean?
HD simply means “head”. As in: the price you pay is for one animal (its ‘head’), regardless of weight.
What does "NT" mean?
NT stands for “no test”. When you see this, the market report is saying that there are not enough animals in that weight class to represent a market.