# FEEDER CATTLE AUCTION REPORT | 11.11.16 | West Plains Daily Quill

> The USDA-reported feeder cattle auction on November 11 showed receipts of 3,018 head, with steer calves under 500 pounds steady to $5 higher and yearling steers $4 to $8 higher. Demand was good on a moderate supply, helped by rain across parts of the Wheat Belt.

- Date: 2016-11-11 · published 2016-11-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73981-feeder-cattle-auction-report-11-11-16-west-plains-daily-quill
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Stronger auction prices and firm demand support feeder cattle values, and rain in the Wheat Belt improves winter pasture for stocker cattle. Receipts are below last year, which tightens supply.

## Read by commodity

- FCATTLE: bullish ▲

## Sources

- westplainsdailyquill.net: https://westplainsdailyquill.net/2016/11/11/feeder-cattle-auction-report-11-11-16/

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