All classes of stocker and feeder cattle posted significant gains during January, recording all-time highs. Calf and yearling prices jumped $10 to $11 per hundredweight higher, according to Drovers’ exclusive 50-market auction summary.
Steer calves weighing 400 to 500 pounds saw average bids of $143.65 per hundredweight, an increase of $10.57 over December’s average. Yearling steers weighing 600 to 700 pounds gained $11.29 per hundredweight to average $124.25. Heifer calves sold for an average of $127.42 per hundredweight, an increase of $10.83. Yearling heifers weighing more than 600 pounds saw average bids of $110.10 per hundredweight, a gain of $7.46.