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Southern Oklahoma Livestock Auction reported 3,354 feeder cattle head on the reported sale date, up from 2,105 the prior week. Feeder steers sold $5 lower and heifers $6 to $8 higher, with demand described as good to very good.
Mixed movement by sex and weight class shows no clear trend in feeder cattle prices from this single sale. Feed buyers should look to broader market direction for their decisions.
hpj.comHPJ StaffDec 5, 2020Not 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.
