Russell feeder cattle auction summary

Russell Livestock, Russell, Iowa, reported receipts of 4,759 head of feeder cattle, compared to 4,536 head on Jan. 11 and 2,501 head a year ago, according to the USDA-Iowa Department of Agriculture Market News, Des Moines, Iowa.

Compared to the previous week, the steers weighing under 650 pounds were mostly selling $7 to $10 lower, while those over 650 pounds were selling $6 lower to $2.50 higher. The heifers weighing under 600 pounds were mostly selling $2 to $10 lower and those over 600 pounds were steady to mostly selling $4 lower. The demand was moderate to good for the heavy offerings. The supply included several lot loads. The trade was active. The supply included 100% feeder cattle with about 61% steers, 38% was heifers and 0% was bulls. The feeder cattle supply weighing over 600 pounds was 67%.