For the second consecutive week, feeder cattle auction receipts increased substantially following February’s storms. Prices, however, declined again for the second week as demand was called moderate to good.

Here's this week's update on cattle prices.

There appeared to be more cattle trade than what we have seen for several weeks, but with only one or two packers needing cattle it was difficult for feeders to push the market higher.

USDA's Animal Health Monitoring System (NAHMS) is conducting a national study focusing on cattle health and management in U.S. feedlots with at least 50 head.

The Cattle Transparency Act of 2021 was introduced in the Senate to mandate weekly minimum cash cattle trades. NCBA policy supports a voluntary approach to increase negotiated trades to regionally sufficient levels.

Feeder cattle markets have bounced back from the brutal February storm just in time for the termination of winter grazing of dual-purpose wheat.