# Feeder cattle auction report | West Plains Daily Quill

> A West Plains auction report showed 2,241 head received, down from 2,790 a week earlier. Calf prices were steady to $5 lower, with moderate demand on a light supply affected by heavy rain. The report noted fear of a large volume of cattle ready for slaughter had weighed on futures and cash feeder prices.

- Date: 2018-03-30 · published 2018-03-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/66157-feeder-cattle-auction-report-west-plains-daily-quill
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lower feeder cash prices reflect expectations of heavy fed-cattle supply in coming months, which weakens feeder cattle demand for feed. The effect on feed prices is limited.

## Read by commodity

- FCATTLE: bearish ▼

## Sources

- westplainsdailyquill.net: https://westplainsdailyquill.net/2018/03/30/feeder-cattle-auction-report-25/

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