# Tool to assess the market value of stocker cattle - Morning Ag Clips

> The Missouri Department of Agriculture launched the Missouri Stocker Formula, a seven-day weighted value for feeder steers weighing 400 to 649 pounds. The formula is updated daily to help producers gauge stocker cattle price direction.

- Date: 2019-03-20 · published 2019-03-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/60226-tool-to-assess-the-market-value-of-stocker-cattle-morning-ag-clips
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A price-tracking tool for stocker cattle adds price transparency but does not change supply or demand for cattle or feed.

## Sources

- morningagclips.com: https://www.morningagclips.com/tool-to-assess-the-market-value-of-stocker-cattle/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.