# Weekly Market Report: 9/1/17 – Oklahoma Farm & Ranch

> Feeder cattle futures have held above $140/cwt since April, though signs of weakening have appeared. A March 2018 feeder contract trades near $139/cwt, with technical support at $120-$122 and a put option strike at $130 offered for 5.3 cents per pound.

- Date: 2017-09-06 · published 2017-09-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/69089-weekly-market-report-9-1-17-oklahoma-farm-and-ranch
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Large 2017 placements are expected to weigh on feeder prices into early 2018, so producers are using put options for downside protection.

## Read by commodity

- FCATTLE: bearish ▼

## Sources

- okfronline.com: https://okfronline.com/2017/09/weekly-market-report-9117/

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