After an exciting spring rally that produced record-high prices for both fed and feeder cattle, May saw most markets decline steadily. The lone category to defy the trend was auction prices for females. Drovers/Cattle Network’s monthly analysis of female prices suggests demand for bred females and cow-calf pairs remains strong. DCN data show young and middle-aged, bred females averaging $11 per head higher during May. May’s average price at auction was $1,025 per head, compared with April’s $1,014.58. Aged, bred females recorded a $114-per-head increase during May, averaging $869.95 per head. Slaughter cows were down only slightly from April. The open female category tracked by DCN saw most bids slightly lower during May. Open heiferettes averaged $88.30 at auction during May, 20 cents per hundredweight lower than April. Young and middle-aged open cows were also about 20 cents per hundredweight lower this month. Fed-cattle prices averaged $111.97 per hundredweight during May. Feeder steers weighing 750 pounds saw an average of $128.53 per hundredweight during May. Steer calves weighing 450 pounds averaged $156.89 per hundredweight.

Female markets defy lower trend

Female markets defy lower trend