Compared to last week, feeder steers and heifers traded mostly steady. Trade was active on good demand, with yearlings coming off of wheat this time of year. A chance of much needed rain going into the weekend.
Supply included 88% Feeder Cattle (65% Steers, 34% Heifers, 1% Bulls); 10% Slaughter Cattle (90% Cows, 10% Bulls); 3% Replacement Cattle (36% Stock Cows, 22% Bred Cows, 2% Bred Heifers, 40% Cow-Calf Pairs). Feeder cattle supply over 600 lbs was 80%.
Click here to read the full report from USDA Poultry & Grain Market News.