However, pulling cattle forward - placing them in feedlots at younger ages and lighter weights due to anticipated lower numbers of available feeder cattle and because of a positive relationship between placement weight and final weight - could mitigate the weight-increasing effects of lower feed prices and more steers in the slaughter mix. Feeder prices are based on the USDA index price for 800 steers and fed cattle. ![]() More steers and fewer cows and heifers in the slaughter mix could also result in a tendency for dressed weights to be higher. Corn basis information is based on current trade prices adjusted every two weeks. ![]() "Lower priced corn will provide incentives for keeping cattle on feed longer, increasing dressed weights. As we discussed in last month's write-up, dressed weights for all cattle could average higher in 2014 than they were in 2013 for several reasons," according to USDA. 1445 Federal Drive Montgomery, AL 36107. While fed cattle prices remain at or above $130 per cwt, cattle feeding margins should continue to be positive. Alabama Feeder Cattle Auctions Direct National. "Breakeven prices in the Southern Plains are projected to fall below $130 per cwt at least through April, after which weather markets will likely introduce some uncertainty.
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