# Cattle market update – The Seam

> The Seam republishes Derrell Peel's Oklahoma cattle analysis, showing feeder volumes up 19.7% over mid-July to mid-October and down 6.1% in recent weeks. Oklahoma 480-pound steer auction prices were $190.08/cwt for the week ending October 28, with March feeder futures implying $183/cwt for 780-pound steers.

- Date: 2022-10-31 · published 2022-10-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/39263-cattle-market-update-the-seam
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Expected smaller feeder volumes through November and firmer futures point to supportive feeder cattle prices, with drought limiting pasture and stocker supplies.

## Read by commodity

- FCATTLE: bullish ▲

## Sources

- theseam.com: https://www.theseam.com/cattle-market-update/

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