Stocker and feeder prices declined up to 5 percent during June, according to Drovers’ exclusive 50-market auction summary. Buyer demand has softened in recent weeks as cash fed-cattle prices have struggled and feedyard margins remain negative. June’s decline follows four consecutive months of increases. Steer calves weighing 400 to 500 pounds averaged $109.63 per hundredweight, a decline of $5.83. Yearling steers weighing 600 to 700 pounds dropped $3.90 per hundredweight to average $99.67. Heifer calves weighing 400 to 500 pounds brought an average of $99.50, a decline of $2.15 per hundredweight. Yearling heifers weighing more than 600 pounds lost 38 cents per hundredweight to average $88.41 during June.

Stocker and feeder prices declined up to 5 percent during June, according to Drovers’ exclusive 50-market auction summary. Buyer demand has softened in recent weeks as cash fed-cattle prices have struggled and feedyard margins remain negative. June’s decline follows four consecutive months of increases. Steer calves weighing 400 to 500 pounds averaged $109.63 per hundredweight, a decline of $5.83. Yearling steers weighing 600 to 700 pounds dropped $3.90 per hundredweight to average $99.67. Heifer calves weighing 400 to 500 pounds brought an average of $99.50, a decline of $2.15 per hundredweight. Yearling heifers weighing more than 600 pounds lost 38 cents per hundredweight to average $88.41 during June.