Report Date: 2/12/2016
KO_LS161
Oklahoma City, OK Fri Feb 12, 2016 Oklahoma City, OK USDA
Oklahoma Range Sales
Feeder Cattle Weighted Average Report for 02/12/2016
Receipts: 5,551 Last Week 1,402 Last Year 5,865
Compared to last week: No trend available for feeder steers and
heifers due to limited comparable current FOB sales. Demand moderate as
the volatility in the market has created much uncertainty among both
buyers and sellers. Receipts this week consisted of 100 percent over 600
lbs and 32 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 1900 steers 345 hd heifrs
Steers: FOB price 775 lbs 2.00 under Mar CME; 825 lbs 6.50 under May
CME.
Heifers: FOB price 725 lbs 7.00 under Mar CME.
Feeder Steers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price Delivery
75 650 650 169.00 169.00 Current FOB
1079 750-786 770 146.95-153.74 149.04 Current FOB
298 800-825 808 143.00-146.78 144.64 Current FOB
173 865-875 870 144.16-144.45 144.29 Current FOB
240 815 815 146.78 146.78 Mar FOB
120 815 815 146.78 146.78 May FOB
Feeder Steers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price Delivery
118 758 758 145.15 145.15 Current FOB
120 825 825 143.30 143.30 Current FOB
72 675 675 160.00 160.00 Current Del
Feeder Steers Medium and Large 2
Head Wt Range Avg Wt Price Range Avg Price Delivery
226 875 875 127.16 127.16 Current FOB
Mexican Origin
Feeder Heifers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price Delivery
690 700 700 141.50 141.50 Current FOB
95 750-760 757 142.16-142.45 142.37 Current 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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