After a mid-October decline, where calf and yearling markets declined 13% in a two-week period, markets clawed their way higher in early November.
 
Calf and yearling prices recovered 4% to 7% of those October losses as buyers became more aggressive in a market that was clearly undervalued.
 
Buyers for fall and winter grazing programs were also encouraged by unseasonably warmer weather.
 
 

Note: This story appears in the November/December issue of Drovers.