# Weekly Market Report: 11/3/17 – Oklahoma Farm & Ranch

> Feeder cattle futures moved above $160/cwt for the first time in over a year, and live cattle hit a new contract high above $125/cwt. The report cites good beef demand and strong prices for 600-plus pound calves. It suggests producers consider put options to protect prices.

- Date: 2017-11-06 · published 2017-11-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/68115-weekly-market-report-11-3-17-oklahoma-farm-and-ranch
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Record-high feeder and live cattle futures reflect tight supplies and firm demand, raising feeding costs for buyers.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- okfronline.com: https://okfronline.com/2017/11/weekly-market-report-11317/

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