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Oklahoma State University's Derrell Peel reports calf prices about 18% above spring levels and feeder prices more than 30% higher. Oklahoma auction volumes are down 9.4% year to date, and heifer retention has not yet been clearly confirmed.
Shrinking feeder cattle supply and higher calf prices signal tighter cattle supplies that should support prices for feeder cattle buyers.
cattlerange.comOct 2, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
