Stocker/Feeder
By Drovers news staff
| Monday, March 15, 2010
Stocker and feeder cattle prices found an early seasonal rally last month, with prices $2 to $6 per hundredweight higher, according to Drovers’ exclusive 50-market auction summary. Buyer demand was stronger for the fourth consecutive month. Steer calves weighing 400 to 500 pounds saw average bids of $112.14 per hundredweight, a gain of $1.44 from January. Yearling steers weighing 600 to 700 pounds improved $6.09 per hundredweight over January to average $99.04. Heifer calves weighing 400 to 500 pounds averaged $101.38, a gain of $6.10 per hundredweight. Yearling heifers weighing more than 600 pounds gained $4.14 per hundredweight for an average of $88.34.
