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Oklahoma feeder cattle auction volume rose to 40,411 head in the week ending November 13, 2021, and the 450-500 lb. steer price rose $8.61/cwt to $184.95. Calf prices have moved higher week over week since early October, and cull cow prices are seasonally lower.
Rising feeder calf prices in the fall run raise the cost of stocking feedlots, while the seasonal cull cow decline lowers beef trim costs, which affects the cattle complex and demand for feed inputs.
wlj.netDerrell S. Peel, Oklahoma State University Extension livestock marketing specialistNov 19, 2021Not enough comparable past events yet for a historical read.
Not 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.
