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From Table 1 you can see that the lowest price per pound was reported for the 700-pound feeder steers, at $1.23 per pound. Alternatively, when feeder steer prices are expressed as dollars per head, the 300-pound feeder steer value was the lowest at $501 per head. The highest value was $861 per head for the 700-pound feeder steer.
1,150 pound fed steer. A price for finished cattle is determined from the average monthly Iowa, Southern Minnesota live cattle price reported by Ag Market News. The live cattle price reported as dollars per hundred weight, is multiplied by 11.5 to determine the per head value of a finished 1,150 pound animal.1,250 pound fed steer. The price for finished cattle is determined from the average monthly Iowa, Southern Minnesota live cattle price reported by Ag Market News.he purchase price, reported as dollars per hundred pounds of weight, is multiplied by 5.5 to determine the total cost of a 550 pound animal. 750 pound feeder steer. Feeder cattle purchase price is the Missouri combined auction monthly average price of 700-750 and 750-800 pound animals in the purchase month.