Demand for all classes of cattle has been nothing less than astonishing this winter. Replacement female prices, however, were a little slow to keep pace with feeder cattle and calf markets last fall, but recent auction prices indicate demand is now red-hot for just about anything that can go back to the country.
Mild winter weather across most of cattle country has made a lot of cattlemen antsy for spring green-up, and if they have the necessary stored feeds they’re likely in the market for cows. Drovers/CattleNetwork’s monthly analysis of female prices at auctions across the nation found significant increases for all classes during February.
Young and middle-aged bred females saw a national average price of $1,227 per head during February in the Drovers/CattleNetwork analysis, an increase of $121 per head from the previous month. Certainly, any cowboy who has been ringside the past month has witnessed young, bred cows selling for hundreds of dollars more than $1,227, but the DCN average covers a wide assortment of auctions selling a wide assortment of quality.
The DCN analysis also found young and middle-aged open females selling for an average of $87.13 per hundredweight during February, an increase of $4 per hundredweight since January.
Slaughter cows in the DCN analysis were also significantly higher. Utility and commercial cows averaged $75.43 per hundredweight, up $4.88 from January. Canner and cutter cows sold for an average of $66.92 per hundredweight, up $6.69 from January.