Calves traded mostly steady to $5 higher this week as buyers continued hunting cattle suited for grazing.
 
“Due to limited numbers, premiums were paid for good quality, long-time weaned calves with all their shots,” say analysts with the Agricultural Marketing Service (AMS). “Discounts were placed on fleshy, un-weaned, soft bawling calves.”

Kansas suffered losses on over 620,000 acres, Oklahoma reporting losses across 312,000 acres, and Texas lost over 400,000 acres so far. How these losses may affect the market remains to be seen.     

Listen to Wes Ishmael's Cattle Market Weekly Audio Report every Saturday morning on the BEEF magazine website. This is your report for Saturday, Mar. 11, 2017.