In the 14 weeks from mid-July to mid-October, the volume of feeder cattle in the combined weekly cattle auction summary was up 19.7 percent year over year, an increase of over 66,000 head. As expected, larger summer volumes resulted in smaller volumes for the fall. The feeder volume the past two weeks has been down by 6.1 percent compared to the same period last year. Feeder volumes are expected to be smaller through November.
Feeder cattle prices at Oklahoma auctions increased counter-seasonally through the summer to August peaks nearly equal to the spring seasonal peaks before…
