# Texas and Oklahoma Weekly Market Recap, Aug. 31, 2019 - Texas & Southwestern Cattle Raisers Association

> Texas feeder steers and heifers sold $1 to $5 higher in the week ending Aug. 30, 2019, as cattle markets regained much of the losses from two weeks earlier. Slaughter cows and bulls sold $1 to $3 lower. Texas High Plains grain bids fell, with sorghum down 2 to 3 cents, wheat down 5 to 9 cents and corn down 1 to 2 cents.

- Date: 2019-08-31 · published 2019-08-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/57733-texas-and-oklahoma-weekly-market-recap-aug-31-2019-texas-and-southwestern
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Feeder cattle prices are recovering from the post-fire selloff, which supports feedlot margins. Lower local grain bids add mild downward pressure on feed-grain values in the Southern Plains.

## Read by commodity

- CORN: bearish ▼
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲
- SORGHUM: bearish ▼

## Sources

- tscra.org: https://tscra.org/texas-and-oklahoma-weekly-market-recap-aug-31-2019/

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