Strength in the fed and feeder cattle markets continue to support higher female prices across most of the country. Auction prices for bred females jumped $100 to $200 per head higher at auctions during November.
According to Drovers/CattleNetwork’s monthly analysis of female prices, bred heifers sold at auction last month for an average of $193 per head higher than during October. Young and middle-aged bred cows sold for an average of $91 per head higher.
The national average price for bred heifers in the DCN analysis was $1,161, and young and middle-aged bred cows sold for $945. Prices for aged bred cows saw a slight decline to $638 per head.
Prices for cow-calf pairs ranged from $20 to $30 per pair higher during November. The national average price for cows with small calves was $956 per pair, while cows with large calves sold for $1,087 per pair. Small or aged cows with a calf sold for an average of $744 per pair.
Slaughter cows sold at auction saw bids $1.50 to $2 per hundredweight higher this month. Utility and commercial cows sold for an average of $62.17 per hundredweight during November, an increase of $1.85 from October. Canner and cutter cows averaged $54.54 per hundredweight, up $1.47.
Strong demand and limited supplies also spurred calf and yearling prices higher during November. Calves and yearlings sold $5 to $8 higher, pushing prices near the record highs posted last April in Drovers/CattleNetwork’s 50-market auction summary.
Steer calves weighing 400 to 500 pounds saw average bids of $153.41 per hundredweight, $8.15 higher than October. Yearling steers weighing 600 to 700 pounds increased $5.23 per hundredweight to average $134.29.
Heifer calves sold for an average of $135.37 per hundredweight, a gain of $4.92. Yearling heifers weighing more than 600 pounds saw average bids of $121.30 per hundredweight, an increase of $3.41. Prices for all classes of cattle are 18 to 20 percent higher than last year.