Loading…
Calf prices rose significantly at recent Oklahoma sales, with feeder steers especially strong, while cattle numbers were about even with a year earlier. Buyers are securing calves as wheat pasture conditions improve across the Southern Plains; a roughly $6 gain in feeder cattle futures also supported bids.
Improved pasture raises demand for calves to graze, supporting feeder-cattle prices and near-term placement demand. Stronger feeder values may also support live-cattle prices, though the article describes a regional market move rather than a broad supply shock.
oklahomafarmreport.comCarli DavenportNov 10, 2026After 79 past bullish weather events, Feeder Cattle moved a median +0.1% over 5 sessions (53% higher; middle half -1.4% to +1.7%), and +1.4% over 20.
After 80 past bullish weather events, Live Cattle moved a median +0.1% over 5 sessions (54% higher; middle half -0.8% to +1.3%), and +0.7% over 20.
After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.
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.
