Report Date: 1/29/2016
KO_LS161
Oklahoma City, OK Fri Jan 29, 2016 Oklahoma City, OK USDA
Oklahoma Range Sales
Feeder Cattle Weighted Average Report for 01/29/2016
Receipts: 7,132 Last Week 2,935 Last Year 2,947
Compared to last week: Feeder steers traded 2.00-4.00 lower on
limited offerings. Feeder heifers not well tested for current delivery.
Demand moderate as the volatility in the market has created much
uncertainty among both buyers and sellers. Receipts this week consisted
of 98 percent over 600 lbs and 44 percent heifers. Unless otherwise
stated prices are FOB weigh point with a 2-3 percent shrink or equivalent
and with a 8-12 cent slide on calves and 4-8 cent slide on yearlings from
base weights. Current sales up to 14 days for delivery.
Basis Trades 1600 hd strs
Steers: Delivered basis 825 lbs 6.00 under May CME.
Feeder Steers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price Delivery
100 675 675 163.00 163.00 Current FOB
1886 800-827 804 151.50-155.85 152.85 Current FOB
538 850-860 859 145.04-147.00 146.79 Current FOB
270 750 750 153.04 153.04 Feb FOB
240 800 800 155.70 155.70 Mar FOB
Feeder Steers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price Delivery
58 850 850 145.04 145.04 Current FOB
Feeder Heifers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price Delivery
122 410 410 190.00 190.00 Current FOB
347 700-746 709 141.96-148.00 146.77 Current FOB
403 750-794 758 141.96-147.50 145.67 Current FOB
198 800-825 816 142.96-145.85 143.96 Current FOB
1230 700 700 149.45-150.85 149.92 Apr FOB
140 700 700 147.50 147.50 Jul FOB
Source: USDA Market News Oklahoma City, OK
Tina Colby 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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