# Development of wheat pasture could mute seasonal low of feeder cattle prices | Oklahoma State University

> Oklahoma State extension economist Derrell Peel reports that rapid winter wheat pasture development from rainfall is supporting stocker cattle demand. Auction prices for preferred stocker weights jumped sharply in late September, and feeder prices were 4 to 10 percent above year-earlier levels. Seasonal October lows may be muted as a result.

- Date: 2018-10-08 · published 2018-10-08T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/62697-development-of-wheat-pasture-could-mute-seasonal-low-of-feeder-cattle-prices
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Strong grazing demand for stockers supports feeder cattle values heading into the fall calf run, which keeps cattle-feeding margins and feed demand from weakening as seasonally expected.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2023-05-15 | [Cow-Calf Corner \| May 15, 2023 \| Oklahoma State University](https://feedsoft.ai/events/35880-cow-calf-corner-may-15-2023-oklahoma-state-university.md) | +0.4% | +16.3% |
| FCATTLE | 2024-03-24 | [Cow-Calf Corner \| March 24, 2024 \| Oklahoma State University](https://feedsoft.ai/events/31162-cow-calf-corner-march-24-2024-oklahoma-state-university.md) | -3.8% | -2.8% |
| FCATTLE | 2023-04-03 | [Cow-Calf Corner \| April 3, 2023 \| Oklahoma State University](https://feedsoft.ai/events/10377-cow-calf-corner-april-3-2023-oklahoma-state-university.md) | +0.0% | +4.4% |
| FCATTLE | 2022-07-25 | [Cow-Calf Corner \| July 25, 2022 \| Oklahoma State University](https://feedsoft.ai/events/40438-cow-calf-corner-july-25-2022-oklahoma-state-university.md) | -1.6% | -0.0% |
| FCATTLE | 2021-11-10 | [The Cycle of Drought, Cowherd Liquidation and Higher Feeder Cattle Prices](https://feedsoft.ai/events/44208-the-cycle-of-drought-cowherd-liquidation-and-higher-feeder-cattle-prices.md) | -1.4% | +3.5% |
| LCATTLE | 2020-07-29 | [Feeder Cattle Future Price Spreads: Opportunities to Hedge? \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/52254-feeder-cattle-future-price-spreads-opportunities-to-hedge-ohio-beef-cattle.md) | +1.4% | +7.1% |
| LCATTLE | 2021-02-08 | [National feeder and stocker cattle report \| Capital Press](https://feedsoft.ai/events/48788-national-feeder-and-stocker-cattle-report-capital-press.md) | +0.7% | +1.7% |
| LCATTLE | 2021-10-18 | [Cow-Calf Corner: Higher feed prices this winter - Texas & Southwestern Cattle Raisers Association](https://feedsoft.ai/events/44688-cow-calf-corner-higher-feed-prices-this-winter-texas-and-southwestern-cattle.md) | -0.4% | +5.0% |

## Sources

- news.okstate.edu: https://news.okstate.edu/articles/agriculture/2018/stotts_peel-feeder-cattle-wheat

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