Prices for feeder heifers and heifer calves are almost always discounted compared to same weight steers. This is particularly true when demand for replacements is low during non-expansion years such as this one. The level of heifer discounts is oftena cause of discontent for sellers and a question often asked is, is it getting more severe? Are feeder cattle buyers “stealing” your heifer calves when they are paying $15-$20/cwt back of your steer calves just because they can, or is the discount justified by the economics? Hopefully this analysis helps explain the math behind heifer discounts.
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