A First Look at Fall/Winter Stocker Grazing.

Feeder futures prices at any point in time provide an indication of feeder cattle prices later. For the last four weeks, the average price of 450 lb., medium/large no. 1 steers was $186.08/cwt. and the price of 750 pound steers was $156.31/cwt. Values of stocker gain are higher this year and reflect the increased feedlot cost of gain due to high feedgrain prices. [Extracted from the article]