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Agricultural News

Oklahoma National Stockyards - Mid-Session

Tue, 13 Jan 2015 05:08:33 CST

Oklahoma National Stockyards, Oklahoma City, OK - Add Mid-Session
Feeder Cattle Narrative Report for 01/12/2015


   


Estimated Receipts: 9400     Last Monday: 5903    Year Ago Monday: 13,504

Compared to last week: Feeder steers and heifers 5.00-10.00 lower. Calves lightly tested. Few steer and heifer calves mostly 8.00-12.00 lower with 500-550 lbs steers and 500-600 lb heifers mostly weak. Demand moderate following the sharp declines in the cattle futures last week. Cattle buyers are cautiously watching the futures with the CME expanding the trading limits on Live Cattle contracts to 4.50, and on Feeder Cattle contracts to 6.75. Quality plain thru attractive. Several heavy weight cattle available with some cattle coming off of early wheat pasture.

Feeder Steers: Medium and Large 1: Calves: few 400-450 lbs 329.00-330.00; 450-500 lbs 294.00-307.00; 500-550 lbs 286.00-301.00; 550-600 lbs 265.50-282.00; Yearlings: 600-650 lbs 250.00-263.50, fancy 264.00-269.00, fleshy 247.00-249.50; 650-700 lbs 231.00-246.00; 700-750 lbs 224.50-234.00; 750-800 lbs 219.00-231.00, fleshy 216.50; 800-850 lbs 215.00-221.00; 850-900 lbs 210.00-215.50; 900-955 lbs 203.75-208.00; 975-1000 lbs 197.00-199.00; lot 1050 lbs 186.00.

 

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