Livestock Reports: May 16

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Compared to last week: Not enough Current FOB steers or heifers for a market test, however, a higher undertone is noted. Demand continues very good for feeder cattle. Supply included: 100% Feeder Cattle (29.9% Steers, 70.1% Heifers). Feeder cattle supply over 600 lbs was 100%. Unless otherwise noted, Feeder Cattle prices FOB based on net weights after a 2-3% shrink or equivalent, with a 4-8 cent slide > 600 lbs. Livestock reported this week originated from ID, OR, UT.

Source : https://www.capitalpress.com/nation_world/markets/cattle/national-feeder-and-stocker-cattle-report/article_d862ede4-ebf0-11eb-9f0f-e316c40e59f0.html

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