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Feeder steers traded higher at the OKC West auction in El Reno, Oklahoma, on November 12. Feeder heifers were unevenly steady, and steer and heifer calves sold higher.
Higher feeder and calf prices at a major Southern Plains sale point to firm demand for cattle to put on feed. This supports the feeder cattle market, though the mixed heifer result shows the gains are not uniform.
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.