# Market Update with Paul Dyskstra For July 2 - Oklahoma Farm Report

> Federally inspected cattle harvest ran 560,000 head weekly for two weeks, 52,000 below last year. Fed steer values fell $9/cwt from their peak of $238 to $229.34, while Certified Angus Beef cutout rose above $400/cwt and packers returned to profitability.

- Date: 2025-07-02 · published 2025-07-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6102-market-update-with-paul-dyskstra-for-july-2-oklahoma-farm-report
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Lower slaughter and a sharp drop in fed cattle values reduce near-term beef supply pressure on cattle prices, while strong boxed beef supports packer demand for cattle.

## Read by commodity

- LCATTLE: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2025-07-02 | 5 | -3.9% | -3.3 | Fed steer values dropped $9 from their peak, and lower slaughter reflects packer curtailment pressuring cattle prices. |
| LCATTLE | 2025-07-01 | 5 | -3.6% | -3.1 | Fed steer values fell $9/cwt from their peak, which confirms a price correction in the window, though the strong cutout and packer margins limit the downside. |

## Sources

- oklahomafarmreport.com: https://www.oklahomafarmreport.com/2025/07/02/market-update-with-paul-dyskstra-for-july-2/

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