◂ Event Timeline

May 26, 2023WEATHERUS

Texas, Oklahoma weekly livestock auction summaries for May 26 - Texas & Southwestern Cattle Raisers Association

Texas and Oklahoma auctions reported feeder steers and heifers selling mostly 5 to 10 dollars higher, with strong demand. Heavy rains in the Texas Panhandle and western Oklahoma eased drought conditions.

WHY IT MATTERS

Improved pasture conditions and firm feeder demand support feeder cattle prices and reduce pressure to sell cattle early.

AFFECTSFCATTLE▲

SOURCE
tscra.orgJaclyn RobertsMay 26, 2023

Price reaction & history

FCATTLE▲bullishSO FAR1d +11.9%5d +15.8%20d +11.8%

After 79 past bullish weather events, FCATTLE moved a median +0.1% over 5 sessions (53% higher; middle half -1.4% to +1.7%), and +1.4% over 20.

Mar 31, 2023Texas, Oklahoma weekly livestock auction summaries for March 31 - Texas & Southwestern Cattle Raisers Association+4.3%
May 5, 2017National Feeder Cattle Weekly Review - 5/5/17 | Livestock Market Reports | lancasterfarming.com-4.0%
Jul 15, 2022Pete's Comments: Feeder cattle on a roll | Western Livestock Journal-0.3%
Jul 15, 2019Cattle and beef markets looking for summer direction: Peel-1.1%
Nov 2, 2022Oklahoma Cattle Market Update+0.8%

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.

FCATTLE · GP ▸

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