USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Bismarck, ND (LS-BM)
Receipts 1,962Last week 4,237Year ago 2,710
Compared to last week: Feeder steers mostly steady. Feeder heifers steady to 5.00 higher, instances of 8.00 to 12.00 higher on 550-650 lbs. Very good demand for this lighter offering, a couple longer strings but most were under 50 head. The market was extremely active, especially on those cattle in light enough weight to make yearlings of. Flesh condition ranged from light and attractive to moderate. Backgrounders are becoming less picky and are willing to buy one with a tick too much flesh as they fight to get their cattle needs secured. The front months of the Feeder Cattle futures keeps getting higher, Corn futures keep getting cheaper, which just keeps feeding the fire under the feeder cattle market.