Livestock report from the Oklahoma City Stockyards

Livestock report from the Oklahoma City Stockyards:

Oklahoma Combined Weekly Auction Summary. Feeder Cattle Weighted Average Report and Cow and Bull Report for the week of Sept. 7 through Thursday.

Receipts: 29,861; Last week: 30,889; Last year: 30,469

Compared to last week: Combined weighted average report for Oklahoma auctions. Seven auctions reported this week: Ada, Apache, El Reno, McAlester, Oklahoma City, Tulsa, and Woodward. Feeder cattle and calves sold $2-$6 higher. Demand good as cattle futures traded mostly on the plus side for the week. It seems the bulls are leading the way in the markets and this led to more optimism in the market. Weather was warm and humid most of the week but fall will arrive this weekend and cooler temps along with good rains are expected. Supply included 58 percent over 600 lbs.; 39 percent heifers.

Steers: Medium and Large No. 1: (weighted average): Calves: 276 lbs. $219.33; 322 lbs. $204.09; 370 lbs. $190.94; 426 lbs. $181.71; 478 lbs. $176.59; 522 lbs. $166.88; 575 lbs. $166.24; 632 lbs. $154.45; 672 lbs. $148.23; 717 lbs. $147.92; Yearlings: 622 lbs. $164.71; 672 lbs. $162.58; 721 lbs. $161.14; 779 lbs. $157.13; 822 lbs. $154.64; 874 lbs. $152.41; 920 lbs. $149.99; 969 lbs. $132.70

Heifers: Medium and Large No. 1: (weighted average): Calves: 325 lbs. $166.06; 368 lbs. $159.53; 422 lbs. $156.16; 471 lbs. $154.09; 524 lbs. $151.49; 571 lbs. $149.53; 617 lbs. $141.93; 675 lbs. $137.62; 718 lbs. $129.71; Yearlings: 617 lbs. $153.31; 674 lbs. $152.48; 728 lbs. $146.90; 774 lbs. $141.59; 818 lbs. $141.07; 860 lbs. $138.43; 911 lbs. $132.55; 1,031 lbs. $124.59.

Slaughter Cows: Average dressing Boners, Breakers and Lean cows $54.50-$61.50.

Slaughter Bulls: Average dressing $80-$86.50.

SLAUGHTER CATTLE

Slaughter cattle trade on a live and dressed basis steady with a vast majority of cattle trading late Friday afternoon. Slaughter cattle on a national basis for negotiated cash trades through Friday afternoon totaled 72,147 head. Last week's total head count was 122,306.

Midwest Direct Markets: Nebraska

Live Basis: Steers and Heifers: few $110-$112.

Dressed Basis: Steers and Heifers: $175.

South Plains Direct Markets: Kansas and Texas

Live Basis: Steers and Heifers: $111.

CATTLE FUTURES

Live Cattle: Oct, $113.08; Dec. $118.45; Feb. $122.25; April $123.43.

Feeder Cattle: Sept. $156.95; Oct. $158.08; Nov. $157.80; Jan. $154.85.

CATTLE SLAUGHTER

Federally Inspected Cattle: 657,000 head, up 3.0 percent from a year ago.

USDA'S Cattle on Feed Report

Cattle on feed as of Sept 1 totaled 11.1 million head, 106 percent of a year ago. Placements of cattle in the feedlots during August totaled 2.02 million head, 107 percent of a year ago. Cattle weighing under 600 lbs. 21 percent of the total placements; 600-700 lbs. 16 percent; 700-800 lbs. 22 percent; 800-900 lbs. were 23 percent; over 900 lbs. were 18 percent of the total placements. Marketings of fed cattle during the month of August totaled 1.98 million, 100.1 percent of 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 was $56.79.

HOG FUTURES

Dressed Basis: (74 percent yield): Oct. $60.30; Dec. $57.40; Feb. $64.93; April $69.93.

HOG SLAUGHTER

Federally Inspected Hogs: 2.341 million head, down 6.2 percent from a year ago.

SHEEP SLAUGHTER

Federally Inspected Sheep: 41,000 head, up 10.8 percent from a year ago.

SHEEP AND GOAT

Receipts: 827; Two weeks ago: 901

Compared to last sale Sept. 6: The sale continues to be held at the Pawnee Livestock Auction. The sale barn was packed again and demand good, especially good for kid goats and lambs. Quality average to attractive. Slaughter and feeder kids traded sharply higher. Slaughter lambs sharply higher on limited comparable weight ranges. Other classes not well tested. Quite a few producers in the audience taking home feeders to utilize their grazing abundance due to the recent rainfall. Supplies included 45 percent goats and 54 percent sheep. All classes sold by the CWT unless otherwise noted. The next sale will be on Thursday Oct. 4.

Slaughter Kids: Selection No. 1 50-65 lbs. $220-$249; few 80-85 lbs. $176-$182 few 125 lbs. $211; Selection Nos. 1-2 45-65 lbs. $210-$222; few 83 lbs. $213; Selection No. 2 50-70 lbs. $189-$200; Selection Nos. 2-3 55-80 lbs. $175-$179.

Slaughter Nannies/Does: Selection No. 2 few 76 lbs. $72.50.

Slaughter Bucks/Billies: Selection No. 1 Aged 70-85 lbs. $170-$175; 110-140 lbs. $140-$148; 150-175 lbs. $138-$148; Selection Nos. 1-2 90-100 lbs. $131-$145; 100-130 lbs. $105-$130. Slaughter Whethers: Selection No. 1 50-70 lbs. $205-$210; 100-110 lbs. $200-$211.

Feeder Kids: Selection No. 1 30-50 lbs. $237.50-$252.50; 50-60 lbs. $237.50-$247.50; Selection Nos. 1-2 30-50 lbs. $208-$222.50. Selection No. 2 30-50 lbs. $186-$203. Selection Nos. 2-3 35-60 lbs. $176-$181.

Replacement Nannies/Does: Selection No. 1 (prices/head) Young few 75 lbs. $188; 90-95 lbs. $135-$142.50. Selection Nos. 1-2 70-90 lbs. $110-$115; 100-110 lbs. $109-$111; Selection No. 2 few 55 lbs. young $105; 65-90 lbs. $92-$105; few 100-130 lbs. $97-$100. Selection Nos. 2-3 few 70 lbs. $75-$77.50; few 160 lbs. $86.

Slaughter Lambs: Wooled & Shorn Choice and Prime No. 1 50-65 lbs. Hair Sheep $183-$201; Choice and Prime Nos. 1-2 65-70 lbs. $160-$172; Choice Nos. 1-2 50-65 lbs. Hair Sheep $151-$177; 60-75 lbs. $142-$156; few 80-85 lbs. Hair Sheep $130-$135; 95-105 lbs. $110-$130; few 180 lbs. $121; Good and Choice Nos. 1-2 160-180 lbs. $72-$80.

Slaughter Ewes: Good and Choice Nos. 1-2 70-80 lbs. $129; Good Nos. 1-2 130-170 lbs. $61-$77.50; 200-220 lbs. $68-$70; Utility and Good Nos. 1-3 70-140 lbs. $56-$57.50; few 233 lbs. $51; Utility Nos. 1-3 100-140 lbs. $39-$50

Feeder Lambs: Medium and Large No. 1 few 45 lbs. Hair Sheep $182; few 70 lbs. $160. Medium and Large Nos. 1-2 few 80 lbs. $135.

BOXED BEEF

Estimated Composite Boxed Beef Cutout Values: Friday Box beef cut-out values: $0.61 lower than last Friday. Choice 600-900 lbs. $204.80; Select 600-900 lbs. $194.71.

MEAT PRODUCTION

Beef: 539.5 million lbs., up 2.4 percent from a year ago.

Pork: 486.9 million lbs., down 7.5 percent from a year ago.

Lamb: 2.7 million lbs., up 12.5 percent from a year ago.

CATTLE CARCASS WEIGHTS

National Average: This week estimate: 824 lbs.; Last week estimate 821 lbs.; Last year's actual 827 lbs.

SOURCE: USDA-OKLAHOMA AGRICULTURE DEPARTMENT MARKET NEWS SERVICE