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The USDA Agricultural Marketing Service reported mixed feeder cattle prices at three auction markets in Philip, South Dakota; El Reno, Oklahoma; and Riverton, Wyoming for November 4, 2026. Steer and heifer prices varied by weight class across the sales.
Feeder cattle prices set the cost of stocker and feedlot inputs, which affects demand for corn, DDGS and other feed ingredients. The routine mixed auction results point to no clear directional shift in feeder cattle prices.
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.