# Feeder Markets Finishing the Year Strong

> Oklahoma feeder cattle prices finished 2022 near annual highs, with steers under 550 pounds and over 850 pounds at their December maximums. Drought in Oklahoma, where over 98 percent of the state is abnormally dry or in drought, shifted the timing of feeder marketings, with larger volumes early in the year and smaller ones since mid-October.

- Date: 2022-12-19 · published 2022-12-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/38385-feeder-markets-finishing-the-year-strong
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Tighter feeder supplies from drought-driven early sales support feeder cattle prices heading into 2023. Reduced auction volumes limit near-term supply.

## Read by commodity

- FCATTLE: bullish ▲

## Sources

- drovers.com: https://www.drovers.com/news/beef-production/feeder-markets-finishing-year-strong

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