# Texas, Oklahoma weekly livestock auction summaries for May 28, 2021 - Texas & Southwestern Cattle Raisers Association

> Texas and Oklahoma weekly auctions on May 28, 2021 reported feeder steers and heifers steady to $3 higher, with demand very good. Rains and thunderstorms hampered movement but benefited pastures, and beef prices rose $2 to $4 through Thursday.

- Date: 2021-05-28 · published 2021-05-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/4966-texas-oklahoma-weekly-livestock-auction-summaries-for-may-28-2021-texas-and
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Strong feeder demand and rising beef prices point to firm cattle values, though weather can disrupt movement. Grain price swings also affect feeder bids.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| FCATTLE | 2021-06-01 | 5 | +11.6% | 5.1 | Southern auctions reported feeder steers and heifers steady to $3 higher with very good demand and rising beef prices, showing strong physical demand for feeders. |

## Sources

- tscra.org: https://tscra.org/texas-oklahoma-weekly-livestock-auction-summaries-for-may-282021/

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