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Oklahoma feeder cattle prices averaged nearly 4 percent above a year earlier in early August, and combined auction volumes were up 13 percent year over year. The July Cattle report put the 2018 calf crop about 2 percent higher than 2017.
Larger feeder supplies this fall typically add seasonal downward pressure, with feeder prices often falling 4 to 5 percent from August to fourth-quarter lows.
u.osu.eduSmith atAug 22, 2018Not 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.
