Report Date: 6/24/2016
KO_LS161
Oklahoma City, OK Jun 24, 2016 Oklahoma City, OK USDA Market News
Oklahoma Range Sales
Feeder Cattle Weighted Average Report for 06/24/2016
Receipts: 3,862 Last Week 903 Last Year 3,968
Compared to last week: No trend available for feeder steers
and heifers due to limited current FOB trades. Demand remains
moderate to good. Receipts this week consisted of 96 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 2,220 hd strs 0 hd hfrs
Steers: FOB Prices: 825 lbs 5.00 under the Aug CME for Current-August
delivery; 825 lbs 5.00 under the Sep-Oct for Sep-Oct delivery.
Heifers: No Test.
Feeder Steers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price Delivery
64 753 753 135.94 135.94 Current FOB
354 807-825 816 131.89-143.47 137.84 Current FOB
Feeder Heifers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price Delivery
138 595 595 136.22 136.22 Current FOB
136 725 725 133.16 133.16 Current FOB
130 775 775 136.16 136.16 Current FOB
350 700 700 128.10 128.10 Sep FOB
Feeder Heifers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price Delivery
470 725 725 128.38 128.38 Current FOB
Source: USDA Market News Oklahoma City, OK
Tina Colby/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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