Oklahoma feeder cattle auction prices jumped sharply the week after Thanksgiving. Calf prices, in particular, were $10-$15/cwt. higher and all classes were $6-$10 higher after Thanksgiving. Several factors contributed to the strength in feeder prices. Improving Feeder futures prices, a stronger fed cattle market and limited supplies of feeder cattle all combined to push prices higher.
Oklahoma feeder auction volumes have been smaller five of the past six weeks after being higher year over year all summer and early fall. The volume of feeder cattle in Oklahoma auctions last week was…
