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Livestock report from the Oklahoma City Stockyards

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Livestock report from the Oklahoma City Stockyards: Oklahoma Weekly Cattle Auction Summary Livestock Weighted Average Report for the week of May 5 through Thursday.

Receipts: 23,676 Last Week: 30,351 Last Year: 31,479

Compared to last week: Combined weighted average for Seven auctions: Ada, Apache, McAlester, OKC, OKC West, Tulsa, and Woodward. Feeder cattle opened the week on a lower note but by midweek demand improved and feeder steers and heifers sold 2.00-4.00 higher. Steer and heifer calves not well tested. The story this week was spring storms and heavy rains that created massive flooding across the state. OKC West moved their Tuesday calf sale to Wednesday as many roads in the area were closed due to flooding. 7-8 inches of rain fell in the El Reno area and up to 10 inches fell in the North Eastern part of the state on Tuesday alone. More rains came to that area of the state and numerous rivers and creeks were well out of their banks. The ground has been so saturated that water is very slow to recede. Rain is still in the forecast but it seems upcoming forecasts has more dry days than not. Slaughter cows and bulls sold steady to 3.00 lower. Packer demand moderate. Supply included: 86% Feeder Cattle (57% Steers, 41% Heifers, 2% Bulls); 5% Slaughter Cattle (90% Cows, 10% Bulls); 7% Replacement Cattle (40% Bred Cows, 2% Bred Heifers, 58% Cow-Calf Pairs). Feeder cattle supply over 600 lbs was 75%.

Steers: Medium and Large No. 1: (weighted average): 248 lbs. $205; 295 lbs. $197.46; 318 lbs. $188.67; 372 lbs. $180.99; 422 lbs. $183.55; 474 lbs. $172.27; 526 lbs. $168.71; 581 lbs. $156.41; 620 lbs. $151.61; 684 lbs. $144.34; Yearlings: 621 lbs. $156.49; 671 lbs. $149.80; 715 lbs. $142.95; 769 lbs. $138.43; 822 lbs. $131.94; 880 lbs. $128.15; 924 lbs. $123.65; 970 lbs. $117.53; 1010 lbs. $116.34; 1072 lbs. $110.56.

Heifers: Medium and Large No. 1: (weighted average): 282 lbs. $170.39; 323 lbs. $165.72; 375 lbs. $155.25; 421 lbs. $150.15; 480 lbs. $143.48; 518 lbs. $142.91; 573 lbs. $140.11; Yearlings: 625 lbs. $136.39; 670 lbs. $131.63; 722 lbs. $125.48; 770 lbs. $123.77; 817 lbs. $118.29; 868 lbs. $115.69; 923 lbs. $112; 970 lbs. $107.81; 1008 lbs. $105.58.

Slaughter Cows: Average dressing Boners, Breakers and Lean cows $52-$64.50. Slaughter bulls average dressing $84-$88.50.

SLAUGHTER CATTLE

Slaughter cattle trades on a live basis traded $1-$2 lower in Kansas and Texas. In Nebraska live trades were $1 lower and dressed sales $1-$2 lower. Slaughter cattle on a national basis for negotiated cash trades through Friday afternoon totaled 102,332 head. Last week's total head count was 72,789.

Midwest Direct Markets: Nebraska

Live Basis: Steers and Heifers: $116.

Dressed Basis: Steers and Heifers: $183-$185.

South Plains Direct Markets: Kansas and Texas

Live Basis: Steers and Heifers: $114-$115.

CATTLE FUTURES

Live Cattle: JUN $111.18; AUG $107.95; OCT $107.78; DEC $112.10.

Feeder Cattle: AUG $143.23; SEP $143.88; OCT $144.23; NOV $144.85.

CATTLE SLAUGHTER

Federally Inspected Cattle: 641,000 head down 1.5 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 was $81.02.

HOG FUTURES

Dressed Basis: (74% yield): June $86.43; July $87.95; Aug. $89.30; Oct. $81.40.

HOG SLAUGHTER

Federally Inspected Hogs: 2.325 million head up 1.5 percent from a year ago.

SHEEP SLAUGHTER

Federally Inspected Sheep: 44,000 head up 7.3 percent from a year ago.

BOXED BEEF

Estimated Composite Boxed Beef Cutout Values: Friday Box beef cut-out values: up $0.76 from last Friday. Choice 600-900 lbs. $221.64; Select 600-900 lbs. $208.47.

MEAT PRODUCTION

Beef: 511.7 million lbs. down 1.1 percent from a year ago.

Pork: 499.0 million lbs. up 2.8 percent from a year ago.

Lamb: 2.9 million lbs. unchanged from a year ago.

Cattle Carcass Weights - National Average: This week estimate: 800 lbs.; Last week estimate 800 lbs.; Last year's actual 796 lbs.

SOURCE: USDA-OKLAHOMA AGRICULTURE DEPARTMENT MARKET NEWS SERVICE

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