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Oklahoma feeder cattle auction prices jumped sharply the week after Thanksgiving, with calves $10 to $15 per cwt higher and other classes $6 to $10 higher. Feeder auction volumes have been smaller in five of the past six weeks, and Peel expects smaller volumes to persist through year-end.
Stronger feeder futures, a firmer fed cattle market and limited feeder supply pushed prices higher, which supports feeder cattle values.
Not enough comparable past events yet for a historical read.
Not 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.