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Wednesday, January 07, 2009
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Oklahoma City, OK Tue Dec 16, 2008 USDA-OK Dept Ag Market News
Oklahoma National Stockyards, Oklahoma City, OK.
Weekly Narrative Cattle Summary for Week of Dec 15, 2008.
***This is the last sale of the year. The Stockyards will be
closed 2 weeks for the Holidays. The next sale will be January 5,
2009. ***
Receipts this Week: 9766 Last Week: 14,235 Last Year: 6933
Monday Actual: 9281
Compared to last week: Feeder cattle steady to 1.00 higher, mostly steady.
The opening was barley steady but strength was noted by midsession. Steer and
heifer calves 2.00-4.00 lower. Demand good for feeders light to moderate for
calves. Lack of wheat pasture along with the current dry and cold weather
leaves little place for calves to go. It is notable that the weighted averages
on number 1 steers weighing from 550-900 lbs ranges from 91.92 to 88.59, a
spread of only $3.33. Most calves now have been weaned and the spread between
calves and yearlings is not as distinct as it was. The weather is very cold
with a high of 19 degrees on Monday but so far no moisture has fallen in the
central region of the state, some snow is reported in the northwest. Supply
included 68 percent over 600 lbs and 31 percent heifers.
Weighted average weight and price followed in parenthesis.
Feeder Steers Medium and Large 1: Calves: 400-450 lbs (424) 99.50-
99.50-106.50 (103.93); 450-500 lbs (474) 98.00-105.00 (101.25); 500-550 lbs
(531) 90.00-100.50 (96.82); 550-600 lbs (576) 83.00-87.00 (91.92); 600-
650 lbs (630) 84.50-88.00 (86.34); 660 lbs 80.00; Yearlings: 600-650 lbs
(626) 89.50-94.00 (90.52); 650-700 lbs (675) 86.00-92.75 (90.48); 700-
750 lbs (714) 88.75-92.50 (91.31); 750-800 lbs (768) 87.00-91.75 (89.59);
800-850 lbs (823) 87.25-90.00 (88.72); 850-900 lbs (867) 88.00-90.00 (88.59);
900-975 lbs (950) 85.75-86.25 (85.35).
Feeder Heifers Medium and Large 1: Calves: 400-450 lbs (419) 85.00-
88.50 (87.84); 450-500 lbs (478) 80.00-87.00 (83.72); 500-550 lbs (524)
80.00-85.00 (83.16) 550-600 lbs (575) 79.00-85.50 (82.12); 600-650 lbs
(630) 77.00-81.00; 650-700 lbs (690) 72.75-79.00 (73.32); Yearlings:
600-650 lbs (613) 83.50-86.25 (84.90); 650-700 lbs (677) 82.00-84.25
(83.25); 700-800 lbs (750) 81.25-85.75 (83.42); 800-850 lbs (832) 80.00-
83.75 (81.94).
Cow and Bull Auction for 12/16/2008
Actual Receipts: 485 Last Week: 862 Last Year: 882
Compared to last week: Slaughter cows steady to 2.00 higher. Slaughter
bulls 1.00-2.00 higher. Packer demand moderate at best for light receipts.
Demand very good for few cows returning to the country. Total of 191 cows
and bulls sold with 39 percent going to packers.
Slaughter Cows:
Head %Lean Weight Average Dress High Dress Low Dress
Breakers 10 75-80% 1100-1450 41.50-41.75 ----- 37.00
Boners 10 80-85% 1175-1550 44.50-45.50 45.00-47.00 37.50-40.00
Lean 23 85-90% 975-1225 39.50-40.50 44.00 30.00-37.00
Lights 16 80-90% 900-1000 ----- 42.00 34.00-36.50
Slaughter Bulls:
Head Weight Average Dress High Dress Low Dress
Y.G. 1-2 10 1300-1775 53.00-56.50 ----- 48.00-52.00
Estimated dressed cost at the Oklahoma National Stockyards: Lean cows
87.25; Boners 85.75; Breakers 77.80; Light carcasses 88.20. Bulls 99.25.
Replacement Cows: Pre-tested for bangs, pregnancy, and age.
Medium and Large 1-2:
Age Weight Months Bred Quality Price
5-6 yr old 1000-1100 6 months avg quality 710.00-720.00;
6 yr old 1375 6 months avg black 835.00;
7-8 yr old 1000-1325 5-7 months avg quality 600.00-625.00.
Source: USDA-Oklahoma Dept of Ag Market News, Oklahoma City, OK
Jerry Alexander
Telephone (405) 232-5425 Market Recording (405) 636-2691
www.ams.usda.gov/lsmarketnews
1715c
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