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Livestock report from the Oklahoma City Stockyards

Livestock report from the Oklahoma City Stockyards:

Oklahoma Weekly Cattle Auction Summary Livestock Weighted Average Report for the week of Feb. 10 through Thursday.

Receipts: 19,122; Last reported: 28,906; Last year: 35,067

Compared to last week: Feeder steers began the week lower but by mid-week sold steady to $5 higher, heavier weights $1 lower. Feeder heifers sold steady to $5 higher, heavier weights $2 lower. Demand moderate to good. Demand very good for calves, especially lighter weights. Steer calves $2-$7 higher, up to $12 higher on lighter weights. Heifer calves mostly steady to $6 higher. Receipts light again as another front moved across the state, dumping snow in the northwest and heavy rains in the South East. Conditions are very muddy in many areas and this is limiting livestock movement. Slaughter cows $1-$6 higher. Slaughter bulls $2-$6 higher. Demand very good for the limited receipts. A total of 1,180 cows and bulls sold with 55 percent going to packers. Note: The cows reported with no weights were sold at a Special Sale last Saturday at the Southern Oklahoma Livestock Auction. Supply included: 93% Feeder Cattle (0% -,51% Steers, 46% Heifers, 0% -, 3% Bulls); 3% Slaughter Cattle (87% Cows, 13% Bulls); 3% Replacement Cattle (27% Bred Cows, 49% Bred Heifers, 14% Cow-Calf Pairs, 10% Bulls). Feeder cattle supply over 600 lbs was 53%.

Steers: Medium and Large No. 1: (weighted average): 281 lbs. $220; 328 lbs. $201.79; 375 lbs. $196.09; 425 lbs. $194.29; 477 lbs. $188.63; 522 lbs. $178.02; 575 lbs. $164.86; 658 lbs. $148.76; 707 lbs. $130; 758 lbs. $129; Yearlings: 625 lbs. $153.43; 671 lbs. $146.18; 724 lbs. $138.47; 771 lbs. $136.79; 819 lbs. $136.13; 870 lbs. $131.14; 922 lbs. $126.91; 970 lbs. $127.38; 1,015 lbs. $121; 1,196 lbs. $115.

Heifers: Medium and Large no. 1: (weighted average): 231 lbs. $187.50; 293 lbs. $173; 332 lbs. $170.22; 379 lbs. $165.32; 423 lbs. $158.36; 475 lbs. $152.65; 525 lbs. $147.77; 574 lbs. $140.47; 695 lbs. $125; Yearlings: 626 lbs. $134.42; 668 lbs. $130.05; 727 lbs. $126.09; 765 lbs. $126.32; 818 lbs. $122.91; 873 lbs. $112.35; 913 lbs. $119; 960 lbs. $119; 1,028 lbs. $112.13; 1,169 lbs. $105.

Slaughter Cows: Average dressing Boners, Breakers and Lean cows $51-$67. Slaughter bulls average dressing $79-$90.

SLAUGHTER CATTLE

Live cattle sold $2-$3 lower in all regions. Cattle on a dressed basis in Nebraska sold $3-$4 lower. Slaughter cattle on a national basis for negotiated cash trades through Friday afternoon totaled 68,105 head. Last week's total head count was 70,465 head.

Midwest Direct Markets: Nebraska

Live Basis: Steers and Heifers: $118-$119.

Dressed Basis: Steers and Heifers: $190.

South Plains Direct Markets: Kansas and Texas

Live Basis: Steers and Heifers: $118-$119.

CATTLE FUTURES

Live Cattle: Feb. $120.83; April $120.33; June $112; Aug. $110.48.

Feeder Cattle: March $138.53; April $141.38; May $143.20; Aug. $150.20.

CATTLE SLAUGHTER

Federally Inspected Cattle: 620,000 head up 2.0 percent from a year ago. Western Cornbelt Direct Lean Hog Base Price: Weighted average price of packers bids on a carcass basis delivered to packing plants as of Friday $48.83.

HOG FUTURES

Dressed Basis: (74% yield): Feb. $55.90; April $64.30; May $73; June $80.90.

HOG SLAUGHTER

Federally Inspected Hogs: 2.596 million head up 4.0 percent from a year ago.

SHEEP SLAUGHTER

Federally Inspected Sheep: 38,000 head up 5.6 percent from a year ago.

BOXED BEEF

Estimated Composite Boxed Beef Cutout Values: Friday Box beef cut-out values: down $0.11 from last Friday. Choice 600-900 lbs. $208.09; Select 600-900 lbs. $205.71.

MEAT PRODUCTION

Beef: 511.5 million lbs. up 3.9 percent from a year ago.

Pork: 560.2 million lbs. up 4.3 percent from a year ago.

Lamb: 2.6 million lbs. up 4.0 percent from a year ago.

CATTLE CARCASS WEIGHTS

National Average: This week estimate: 827 lbs.; Last week estimate 827 lbs.; Last year's actual 812 lbs.

SOURCE: USDA-OKLAHOMA AGRICULTURE DEPARTMENT MARKET NEWS SERVICE

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