The number of feeder and stocker cattle sold during the first four months of 2023 was about 4% higher than during the same period in 2022, according to data from the USDA-AMS “National Feeder and Stocker Cattle Summary.” Strong prices and persistent drought in some regions likely contributed to these higher totals despite the smaller calf crop in 2022.
Shown in the chart below, receipts have generally followed the seasonal pattern of declining sales through the first four months. This dataset includes auction, direct, and video/internet sales that are reported to USDA. It does not…