click image to zoom All classes of stocker and feeder cattle posted significant gains during September. According to Drovers/CattleNetwork’s 50-market auction summary, steer calves weighing 400 to 500 pounds saw average bids in September of $165.27 per hundredweight, $11.25 higher than during August. Yearling steers weighing 600 to 700 pounds averaged $140.36 during September, an increase of $5.36 per hundredweight. Heifer calves sold for an average of $145.39 per hundredweight, a gain of $5.62 last month. Yearling heifers weighing more than 600 pounds saw average bids last month of $125.38, an increase of $7.46. Prices for all classes of cattle are 9 to 16 percent higher than last year.
Light calves lead September rally
- Feeder Cattle Review: Bullish cattle-on-feed report fuels fire
- Okla. Attorney General keeps pressure on HSUS
- Mid-year inventory shows further declines in cattle numbers
- High cattle prices, availability of replacement cows persist
- Herd rebuilding will be a slow process
- Cattle Outlook: Fed cattle prices set new records