Report Date: 5/23/2014
KO_LS161
Oklahoma City, OK Fri May 23, 2014 Oklahoma City, OK USDA
Oklahoma Range Sales
Feeder Cattle Weighted Average Report for 05/23/2014
Receipts: 5052 Last Week: 3523 Year Ago: 4495
Compared to last week: Feeder steers not well tested for current
delivery, very limited sales steady to 2.00 lower. Feeder heifers not
well tested, few sales were sharply higher. Demand continues good as
runs remain fairly large. Most of the graze-off wheat run is over and
grass cattle are on the move as many pastures are suffering from the
continued drought. Relief is coming this weekend, especially for
Western Oklahoma. Rain is in the forecast for the next 7 days.
Receipts this week included 91 percent over 600 lbs and 41 percent
heifers. Unless otherwise stated prices are FOB weigh point with a
2-3 percent shrink or equivalent and with a 5-10 cent slide on calves
and 3-6 cent slide on yearlings from base weights. Current sales up
to 14 days for delivery.
Feeder Steers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price Delivery
196 725 725 190.87-192.65 192.12 Current FOB
190 775 775 189.00 189.00 Current FOB
752 800-825 806 181.00-186.50 182.70 Current FOB
360 850 850 180.00-182.00 181.33 Current FOB
170 800 800 190.50 190.50 Aug FOB
520 750-775 756 193.60-193.90 193.82 Sep FOB
Feeder Steers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price Delivery
266 650-676 672 192.75-202.12 194.28 Current FOB
194 750-775 767 184.06-185.00 184.36 Current FOB
60 825 825 179.50 179.50 Current FOB
Feeder Steers Medium and Large 2
Head Wt Range Avg Wt Price Range Avg Price Delivery
74 679 679 189.07 189.07 Current FOB Mexican Origin
67 725 725 185.75 185.75 Current FOB
131 756 756 185.07 185.07 Current FOB Mexican Origin
Feeder Heifers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price Delivery
155 675 675 188.50 188.50 Current FOB
500 700 700 177.00 177.00 Current FOB
274 525 525 210.00 210.00 Jun FOB
630 700 700 184.30-186.75 185.93 Aug FOB
140 700 700 187.00 187.00 Sep FOB
80 600 600 195.65 195.65 Oct FOB
137 700-725 712 187.72-188.72 188.22 Oct FOB
67 725 725 184.57 184.57 Nov FOB
Feeder Heifers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price Delivery
89 600 600 191.12 191.12 Current FOB
Source: USDA Market News Oklahoma City, OK
Joe Massey Market Reporter, 405-232-5425
24 Hour Market Report 1-405-636-2691
www.ams.usda.gov/mnreports/KO_LS161.txt
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