# Derrell Peel Sees Feeder Markets Finishing the Year Strong - Oklahoma Farm Report

> Oklahoma State economist Derrell Peel said feeder cattle auctions are winding down for 2022 and that feeder markets finished the year with momentum. Oklahoma remains in significant drought, with over 98 percent of the state abnormally dry or in drought.

- Date: 2022-12-20 · published 2022-12-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/38386-derrell-peel-sees-feeder-markets-finishing-the-year-strong-oklahoma-farm-report
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Strong year-end feeder prices and smaller December volumes point to continued firm feeder cattle values entering 2023.

## Read by commodity

- FCATTLE: bullish ▲

## Sources

- oklahomafarmreport.com: https://www.oklahomafarmreport.com/2022/12/20/derrell-peel-sees-feeder-markets-finishing-the-year-strong/

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