# Stockyard sees livestock prices at a low point

> Livestock prices at the Tulsa Stockyards were low, with some cattle reportedly selling as low as $1.16 per pound. Local ranchers affected by flooding were forced to sell herds, and sellers attributed the weakness to supply exceeding demand.

- Date: 2019-07-01 · published 2019-07-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9497-stockyard-sees-livestock-prices-at-a-low-point
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Forced selling and oversupply at local yards push cattle prices lower, though flood impacts were described as regional rather than market-wide.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- ktul.com: https://ktul.com/news/local/stockyard-sees-livestock-prices-at-a-low-point

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