# CAB Insider: Don’t Fade the Trend - Oklahoma Farm Report

> Federally inspected cattle harvest rose in the past two weeks to about 610,000 head, with packers operating well below capacity. Fed cattle prices weakened under heavy carcass weights, weak cutout values and a sharp drop in October live cattle futures in August. October futures have since recovered to about $179/cwt from the August low.

- Date: 2024-09-04 · published 2024-09-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9966-cab-insider-don-t-fade-the-trend-oklahoma-farm-report
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Heavy carcass weights and weak cutouts cap fed cattle prices, while the futures rebound suggests the market is stabilizing. Limited packer capacity use keeps the pricing balance under pressure.

## Read by commodity

- LCATTLE: neutral

## Sources

- oklahomafarmreport.com: https://www.oklahomafarmreport.com/2024/09/04/cab-insider-dont-fade-the-trend/

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