# Low Oklahoma auction numbers may signal tighter feeder supplies ahead - Pro Farmer

> Oklahoma State's Derrell Peel reports weekly auction volumes running behind year-ago levels, down 23.2% since July 1. He attributes the shortfall to continuing drought, with 51% of Oklahoma pasture and range in poor to very poor condition. November feeder cattle futures fell 55 cents on the day.

- Date: 2026-10-13 · published 2026-10-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/17196-low-oklahoma-auction-numbers-may-signal-tighter-feeder-supplies-ahead-pro-farmer
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Tighter feeder cattle supplies from drought-driven herd pressure support feeder and live cattle prices into the fourth quarter, which raises the cost of feed-lot placements for feeder buyers.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- profarmer.com: https://www.profarmer.com/news/low-oklahoma-auction-numbers-may-signal-tighter-feeder-supplies-ahead

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.