AUSTIN -- For the week ending Feb. 22, Texas feeder cattle auctions reported prices mostly steady to $5 higher per hundredweight (cwt), with a few as much as $10 higher on a portion of their offerings. However, a few lower prices also were noted. Texas direct feeder cattle prices were $2 to $4 higher. Reports noted that competition is picking up for stocker-type cattle that are ready to turn out on pasture. Fed cattle cash prices were $2.50 higher. Wholesale beef values also were higher. Prices across the cattle sector remain strong as tight supplies and strong demand continue to support the market. . . .
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