Compared to last week, feeder steers and heifers sold $3 to as much as $11 lower. Trade activity was moderate on light to moderate demand. Drought conditions are really taking a toll on the cattle markets with planted wheat pastures needing moisture. A frigid forecast for next week expected, which causes concern for non-vaccinated or fleshy calves.
Supply included 82% Feeder Cattle (50% Steers, 46% Heifers,
4% Bulls); 14% Slaughter Cattle (94% Cows, 6% Bulls); 4% Replacement Cattle (67% Stock Cows, 23% Bred Cows, 4% Cow-Calf Pairs, 5% Bulls).
Feeder cattle supply over 600 pounds was 35%.
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