Demand was strong for yearling feeder cattle in April as feedyards posted exceptional profit margins. Prices bounced another 7% higher, adding to 4% gains in March and 5% gains in February. Calf prices trended 3% higher during April, also adding to gains recorded each month this year. Demand for light-weight grazing cattle continued strong ahead of the spring turnout.
Editor's Note: This article originally appeared in the May 2017 issue of Drovers.