Stocker and feeder cattle lower

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All classes of stocker and feeder cattle posted declines during May, according to Drovers / CattleNetwork’s 50-market auction summary. Prices were $20 to $25 per hundredweight below last year. Steer calves weighing 400 to 500 pounds posted an average loss of $8.87 per hundredweight for the month at $156.07. Yearling steers averaged $136.11 in May, a $2.07 decline from April. Heifer calves sold for an average of $137.01 in May, a decrease of $6.62 per hundredweight. Yearling heifers weighing more than 600 pounds saw average bids of $120.14 per undredweight, a decline of $2.99 from the prior month.

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