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Agricultural News

Oklahoma National Stockyards - Mid-Session

Tue, 07 Apr 2015 07:51:55 CDT

Feeder Cattle Narrative Report for 04/06/2015


   

Estimated Receipts: 6,000   Last Monday: 9,501   Year Ago Monday: 5,283

Compared to last week: Feeder steers and heifers mostly steady to 3.00 higher, with the exception of 600-700 lb steers which traded weak on a light test. Steer and heifer calves steady to 2.00 higher, as demand for thin fleshed calves suitable for grazing remains very good. Boxed beef cutout values reached their highest price levels of the spring, even with choice and prime carcasses now comprising 76 percent of the nations fed beef supply. Higher boxed beef prices increased packer demand for fat cattle last week with fats trading 2.00-4.00 higher in the country on Friday. Increased demand on fats coupled with favorable spring weather has helped prop up feeder demand and prices. Temperatures are forecasted to be in the 70's and 80's throughout the week, with increased chances of severe storms in the evenings.


Feeder Steers: Medium and Large 1: Calves: 300-325 lbs 375.00-400.00; 375-400 lbs 350.00-351.00, fleshy 327.50; 400-475 lbs 304.00-330.00, value added 343.00; 500-550 lbs 281.00-301.00; 550-600 lbs 266.00-283.00, fleshy 253.00-254.50; Yearlings: 600-650 lbs 248.00-265.00, thin fleshed 268.00; 675-700 lbs 229.50-234.25; 700-800 lbs 212.50-225.50; 800-850 lbs 209.00-213.25; 850-900 lbs 195.75-204.50, thin fleshed 210.00; 900-950 lbs 190.00-199.00; 950-975 lbs 187.25-193.50; pkg 1035 lbs 184.25.
   
Medium and Large 1-2: 325-400 lbs 316.00-329.00; 400-450 lbs 308.00; 450-475 lbs 275.00-285.00; 500-550 lbs 274.00-282.50, thin fleshed 292.00; 550-600 lbs 266.00-273.00; 625-650 lbs 246.50-248.00; 650-700 lbs 225.50-230.50, thin fleshed 233.00; 725-800 lbs 208.50-218.00, thin fleshed 216.50; 800-850 lbs 201.00-208.25; 850-900 lbs 189.50-203.00; 900-975 lbs 183.50-190.50.


Feeder Heifers: Medium and Large 1: Calves: 300-400 lbs 316.00-335.00; 400-450 lbs 284.00-305.00; 450-500 lbs 266.00-289.00; 500-550 lbs 249.50-268.00, fancy 282.00; 575-600 lbs 234.00-247.00; 600-625 lbs 211.00-225.00; Yearlings: 600-625 lbs 221.00-238.00; 650-675 lbs 207.00-227.00, fancy 233.00; 700-750 lbs 203.00-213.00, replacement 211.00; 750-800 lbs 198.00-209.00, replacement 203.00-211.00; 800-900 lbs 186.50-198.00, replacement 199.00-205.00; 925-955 lbs 179.50, replacement 182.50-187.00; 1000-1050 lbs 178.50-179.50, replacement 194.50.

Medium and Large 1-2: 350-400 lbs 295.00-309.00; 450-500 lbs 256.00-269.00; 500-550 lbs 241.00-250.00; 550-600 lbs 215.00-239.00, thin fleshed 245.00; 625-650 lbs 207.00-225.00; 675-700 lbs 195.00-207.50, thin fleshed 213.00; 700-725 lbs 194.00-204.00; 775-800 lbs 180.00-190.00; 800-875 lbs 186.00, replacement 195.00.

 

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