The chart below shows the weekly number of feeder and stocker cattle sold at auction so far in 2022 as compared to 2021 and the 5-year average from 2016-2020. Year-to-date, cattle auction receipts are down about 3 percent below the same period for 2021. This chart uses the auction receipts from the USDA-AMS National Feeder and Stocker Cattle Summary.
Auction receipts follow a very seasonal pattern within a year. We are currently in the usual dip that occurs…