LIVESTOCK
Livestock report from the Oklahoma City Stockyards: Oklahoma Weekly Cattle Auction Summary Livestock Weighted Average Report for the week of Oct. 5, 2020.
Receipts: 30,644; Last week: 26,028; Last year: 34,298
Compared to last week: Combined weighted average for seven auctions: Ada, Apache, McAlester, OKC, OKC West, Tulsa, and Woodward. Feeder steers sold mostly steady. Feeder heifers steady to $2 lower. Steer calves sold $1-$4 lower and heifer calves steady to $5 higher. Slightly cooler temps are expected to move across the trade region next week. Slaughter cows steady to $5 lower. Slaughter bulls $2-$7 lower. Packer demand moderate. Supply included: 89% Feeder Cattle (55% Steers, 0% Dairy Steers, 38% Heifers, 7% Bulls); 7% Slaughter Cattle (89% Cows, 11% Bulls); 4% Replacement Cattle (6% Stock Cows, 79% Bred Cows, 2% Bred Heifers, 12% Cow-Calf Pairs, 0% Heifer Pairs, 0% Bulls).
Feeder cattle supply over 600 lbs. was 58%.
Steers: Medium and Large No. 1: (weighted average): 273 lbs. $190.97; 320 lbs. $177.30; 371 lbs. $174.52; 426 lbs. $167.02; 479 lbs. $158.33; 521 lbs. $148.56; 574 lbs. $145.36; 624 lbs. $143.84; 674 lbs. $141.37; 725 lbs. $140.49; 776 lbs. $141.79; 818 lbs. $138.88; 874 lbs. $133.83; 924 lbs. $136.42; 958 lbs. $131.69; 1,033 lbs. $125.04; 1,086 lbs. $123.72; 1,112 lbs. $122.75.
Heifers: Medium and Large No. 1: (weighted average): 274 lbs. $149.16; 327 lbs. $140.94; 376 lbs. $144.33; 429 lbs. $140.84; 527 lbs. $132.65; 574 lbs. $129.34; 620 lbs. $134.60; 676 lbs. $130.93; 718 lbs. $134.03; 777 lbs. $128.92; 816 lbs. $128.62; 884 lbs. $122.35; 929 lbs. $117.69; 973 lbs. $117.64; 1,122 lbs. $95.
Slaughter Cows: Average dressing Boners and Breakers $45-$57.50, Lean cows $40-$56.
Slaughter Bulls: Average dressing $72.50-$89.
SLAUGHTER CATTLE
Live trades in the southern plains and Nebraska sold mostly steady to $1 higher. In Nebraska dressed trades sold $2 higher. Slaughter cattle on a national basis for negotiated cash trades through Friday afternoon totaled 40,858 head. Last week's total head count was 125,552 head.
Midwest Direct Markets: Nebraska
Live Basis: Steers and Heifers: $108
Dressed Basis: Steers and
Heifers: $170.
South Plains Direct Markets: Kansas and Texas
Live Basis: Steers and Heifers: $107-$108, few $110.
CATTLE FUTURES
Live Cattle: Oct. $109.88; Dec. $112.60; Feb. $114.30; April $115.85
Feeder Cattle: Oct. $138.25; Nov. $135.53; Jan. $134.00; March $135.55.
CATTLE SLAUGHTER Federally Inspected Cattle: 637,000 head down 1.7 percent from a year ago. Western Cornbelt Direct Lean Hog Base Price: Weighted average price of packers bids on a carcass basis Friday was $65.05.
HOG FUTURES: Dressed Basis: (74% yield): Oct. $78.13; Dec. $67.13; Feb. $70.55; April $74.58.
HOG SLAUGHTER Federally Inspected Hogs: 2.730 million head up 1.2 percent from a year ago.
SHEEP SLAUGHTER Federally Inspected Sheep: 32,000 head down 17.9 percent from a year ago.
BOXED BEEF Estimated Composite Boxed Beef Cutout Values: Friday Box beef cut-out values: down $6.31 from last Friday. Choice 600-900 lbs. $214.06; Select 600-900 lbs. $199.82.
MEAT PRODUCTION Beef: 535.3 million lbs. up 0.4 percent from a year ago.
Pork: 579.1 million lbs. up 1.4 percent from a year ago.
Lamb: 1.9 million lbs. down 24.0 percent from a year ago.
CATTLE CARCASS WEIGHTS National Average: This week estimate: 843 lbs.; Last week estimate 841 lbs.; Last year's actual 824 lbs.
SOURCE: USDA-OKLAHOMA AGRICULTURE DEPARTMENT MARKET NEWS SERVICE