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Feeder steers and heifers sold $6 to $12 higher at Ozarks Regional Stockyards in Missouri in midday cash trade. Medium and Large 1 feeder steers weighing 601 to 648 pounds brought about $380 per cwt.
Feeder supply was 63 percent steers.
Higher cash feeder prices reflect tight feeder supplies, supporting feeder cattle futures and raising feedlot input costs.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.