# Fall Cattle Market Update for Midwest

> Oklahoma and southern Plains drought is expected to persist and expand through year-end according to the Climate Prediction Center, with winter wheat planting behind schedule. Fall feeder auction volume has risen 12.9 percent year over year since Labor Day, while Oklahoma hay supplies remain large.

- Date: 2024-10-07 · published 2024-10-07T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/28014-fall-cattle-market-update-for-midwest
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Drought delays winter wheat grazing and threatens pasture and water, which could push cattle to market earlier and add feed demand pressure later.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲
- FCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2017-05-30 | [Weekly Market Highlights – Cattle Current Market Update](https://feedsoft.ai/events/9900-weekly-market-highlights-cattle-current-market-update.md) | +8.8% | +1.7% |
| FCATTLE | 2019-06-03 | [Agri Marketing Update](https://feedsoft.ai/events/11385-agri-marketing-update.md) | +3.1% | +2.8% |
| FCATTLE | 2019-05-24 | [Cattle Current Weekly Highlights—Week ending May 24, 2019 – Cattle Current Market Update](https://feedsoft.ai/events/5752-cattle-current-weekly-highlights-week-ending-may-24-2019-cattle-current-market.md) | -1.8% | -1.4% |
| FCATTLE | 2021-07-27 | [Klassen: Feed barley rally pressures feeder cattle market - AgCanada](https://feedsoft.ai/events/12494-klassen-feed-barley-rally-pressures-feeder-cattle-market-agcanada.md) | -2.4% | -2.5% |
| FCATTLE | 2018-05-30 | [What’s the most disruptive influence in the cattle market? Weather](https://feedsoft.ai/events/65154-what-s-the-most-disruptive-influence-in-the-cattle-market-weather.md) | +0.8% | +0.8% |
| WHEAT | 2017-05-01 | [Agri Marketing Update](https://feedsoft.ai/events/7072-agri-marketing-update.md) | +2.3% | +1.5% |
| WHEAT | 2021-04-16 | [Farming News - Wheat and OSR market update](https://feedsoft.ai/events/9791-farming-news-wheat-and-osr-market-update.md) | +4.9% | +6.1% |
| WHEAT | 2023-05-25 | [Drought Early Warning Update for the Midwest U.S. \| May 25, 2023 \| Drought.gov](https://feedsoft.ai/events/13275-drought-early-warning-update-for-the-midwest-u-s-may-25-2023-drought-gov.md) | -1.8% | -1.4% |

## Sources

- drovers.com: https://www.drovers.com/news/beef-production/fall-cattle-market-update-midwest

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