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Agricultural News

Oklahoma National Stockyards - Open

Mon, 24 Aug 2015 11:59:21 CDT

Oklahoma National Stockyards - Open

Feeder Cattle Narrative Report for 08/24/2015

Estimated Receipts: 8,000   Last Monday: 6,044   Year Ago Monday: 5,025

   Compared to last week: Feeder steers and heifers not well tested in early rounds but a sharply lower undertone is noted. Steer and heifer calves opening 15.00-30.00 lower. Early demand moderate to good for feeder cattle, moderate for calves. The Dow took on another day of massive losses at this morning's open and this once again has spilled over into the commodity markets. Cattle futures are sharply lower and this is limiting demand for cattle. The Dow has since recovered some from it's opening but is still down about 1300 points from last Monday. Several calves on offer today with many bull calves included.

   Feeder Steers: Medium and Large 1: Calves: few 300-330 lbs 325.00-329.00; 400-475 lbs 249.00-265.00; 500-565 lbs 231.00-244.00; 600-700 lbs 205.00-218.00; 700-800 lbs 189.00-199.00; Yearlings: 675-700 lbs 215.00-222.50; 770 lbs 213.50; 780 lbs thin fleshed 215.00; 800-875 lbs 203.00-203.50.

   Feeder Heifers: Medium and Large 1: Calves: 300-350 lbs 250.00-277.00; 400-500 lbs 216.00-233.00; 500-525 lbs 211.50-220.00; pkg 580 lbs 209.50; 600-665 lbs 192.00-197.50; Yearlings: few 600-650 lbs 199.50-204.50; 725-775 lbs 188.50-193.50.


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