Compared to last week: Feeder steers and heifers sold $2 to $6 lower. Trade activity and demand were moderate. Corn prices continued to rise bumping the $7 mark, and drought conditions continued throughout the panhandle. Supply included: 85% Feeder Cattle (52% Steers, 45% Heifers, 3% Bulls, 0% Dairy Heifers); 12% Slaughter Cattle (96% Cows, 4% Bulls); 3% Replacement Cattle (39% Stock Cows,
56% Bred Cows, 6% Cow-Calf Pairs). Feeder cattle supply over 600 lbs was 53%.
Click here to read the full report from USDA or see below.AMS_1955-8