Livestock report from the Oklahoma City Stockyards

Compared to last week: Feeder steers sold $3-$8 lower. Feeder heifers $2-$6 lower. Steer calves sold mostly steady to $9 lower and heifer calves sold steady to $8 lower on a light test. Demand moderate for all classes. Slaughter cows steady to $1 higher. Slaughter bulls sold steady to $4 higher. Chances of rain will be present across the trade region throughout the weekend and into next weekend along with cooler temperatures. Supply included: 92% Feeder Cattle (54% Steers, 0% Dairy Steers, 40% Heifers, 6% Bulls); 6% Slaughter Cattle (86% Cows, 14% Bulls); 2% Replacement Cattle (86% Bred Cows, 4% Bred Heifers, 10% Cow-Calf Pairs). Feeder cattle supply over 600 lbs. was 63%.

Steers: Medium and Large No. 1: (weighted average): 238 lbs. $235; 279 lbs. $211.55; 323 lbs. $195.18; 376 lbs. $183.22; 424 lbs. $172.62; 473 lbs. $166.27; 530 lbs. $155.67; 578 lbs. $150.26; 624 lbs. $147.63; 670 lbs. $143.85; 724 lbs. $141.37; 764 lbs. $139.87; 821 lbs. $134.21; 871 lbs. $130.08; 918 lbs. $129.71; 983 lbs. $122.48; 1,018 lbs. $118.56; 1,061 lbs. $123.15; 1,114 lbs. $117.50.

Heifers: Medium and Large No. 1: (weighted average): 245 lbs. $178; 289 lbs. $170.74; 328 lbs. $153.54; 379 lbs. $157.76; 423 lbs. $146.79; 468 lbs. $144.47; 525 lbs. $137.52; 579 lbs. $138.19; 623 lbs. $134.63; 670 lbs. $137.44; 728 lbs. $130.08; 774 lbs. $131.64; 816 lbs. $123.86; 870 lbs. $117; 915 lbs. $109.06; 1,014 lbs. $112.50; 1,162 lbs. $95.

Live trades in the southern plains $1-$2 lower. In Nebraska live trades sold $1 lower and dressed trades sold $2-$3 lower. Slaughter cattle on a national basis for negotiated cash trades through Friday afternoon totaled 99,321 head. Last week’s total head count was 130,278 head.

Federally Inspected Cattle: 654,000 head up 0.2 percent from a year ago. Western Cornbelt Direct lean Hog Base Price: Weighted average price of packers bids on a carcass basis Friday was $42.31.

Estimated Composite Boxed Beef Cutout Values: Friday Box beef cut-out values: up $4.67 from last Friday. Choice 600-900 lbs. $229.40; Select 600-900 lbs. $214.86.

National Average: This week estimate: 835 lbs.; Last week estimate 835 lbs.; Last year’s actual 816 lbs.

SOURCE: https://www.w24news.com