Prices for stocker and feeder cattle declined significantly during October, according to Drovers’ 50-market auction summary. All classes declined 4 to 6 percent last month. Despite the drop off, prices remain just slightly
below the five-year average for October, according to Drovers’ historical data. Prices for steer calves weighing 400 to 500 pounds averaged $118.94 per hundredweight during October, a decline of $5.18 per hundredweight. Yearling steers weighing 600 to 700 pounds declined $6.72 per hundredweight to $105.99. Heifer calves weighing 400 to 500 pounds decreased $6.25 per hundredweight to $106.63. Yearling heifers weighing more than 600 pounds averaged $97.48 per hundredweight, a decline of $4.80 per hundredweight during October.