Stocker/Feeder Markets: Weak demand for stockers/feeders

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Stocker and feeder markets ended March in decline. Most markets were fully $20 to $25 per hundredweight lower than last year, according to Drovers/CattleNetwork’s 50-market auction summary. Steer calves weighing 400 to 500 pounds posted an average loss of $5.66 per hundredweight for the month at $171.60. Yearling steers averaged $141.93 in March, a $3.55 decline from February’s average. Heifer calves sold for an average of $148.75 in March, a decrease of $5.72 per hundredweight. Yearling heifers weighing more than 600 pounds saw average bids of $125.22 per hundredweight, a drop of $4.30 from the previous month.

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