Loading…
Superior Livestock Auction's first video sale of 2023 on January 5 saw strong bidding, with feeder steers steady to $6 higher and beef-dairy crosses up $15 to $25. Calves from all regions gained $15 to $30 on lighter weights as recent moisture improved grazing areas.
Strong auction prices for feeder cattle and calves reflect tight supplies and improved pasture conditions, supporting feeder cattle values into 2023.
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.