In this file:

 

·         Tightening Supply Pushes Fed Prices Higher

·         Bob Rodenberger Gives Latest Overview of the Cattle Markets

 

 

Tightening Supply Pushes Fed Prices Higher

 

By Greg Henderson, Dovers  

September 16, 2022

 

Cash fed cattle trade was called moderately active last week, with the South at $142 per cwt., $1 higher. Cattle in the North sold $143 to $144 per cwt. live and $226 to $228 dressed, steady to $1 higher. Feeder cattle traded $2 to $6 lower and calves $1 to $5 lower.

 

Ever tightening supplies of fed cattle continue to support the fed cattle trade and cattle feeders and ranchers are gradually seeing market leverage shift in their direction. Traders anxiously anticipate next Friday’s cattle on feed report.

 

October live cattle futures fell 12.5 cents to $145.50, down 17.5 cents for the week. October feeder cattle rose 32.5 cents to $181.25, down $4.325 for the week. Cattle market bulls were encouraged by this week’s cash trade, which could support buying interest in futures early next week.

 

Estimated cattle slaughter...

 

more

https://www.drovers.com/news/beef-production/tightening-supply-pushes-fed-prices-higher

 

 

Bob Rodenberger Gives Latest Overview of the Cattle Markets

 

Oklahoma Farm Report

16 Sep 2022

 

KC Sheperd, Farm Director, had the chance to visit with Bob Rodenberger, A partner with Stockman Oklahoma Livestock Marketing. Today, Rodenberger talks about the current cattle markets and trends he has seen throughout the week.

 

“The week started out with good run in Oklahoma City,” Rodenberger said. “We started out with 10,000 plus. Everybody is still staying above average.”

 

In smaller rural barns, Rodenberger said older cow kill is still up.

 

“I haven’t got into a set of true, young cows yet, which is very positive from my standpoint,” Rodenberger said.

 

Calves are coming to town a little earlier, Rodenberger said, which is to be expected.

 

“We are in survival mode,” Rodenberger said. “People are doing what they should be doing. Nothing has got into panic mode yet. I know a lot of us are thinking panic, but people are just responding normally. Relieving their cow, trying to get her into the winter in good shape, selling down to however much hay they’ve got available, and the herds that are selling more than normal have no hay, are short on water or both of the above.

 

The cattle market is in good hands...

 

more, including audio [7:01 min.]

http://www.oklahomafarmreport.com/wire/news/2022/09/03744_BobRodenberger09162022_123525.php