Report Date: 8/12/2016
KO_LS161 Oklahoma City, OK Aug 12, 2016 Oklahoma City, OK USDA
Market News
Oklahoma Range Sales
Feeder Cattle Weighted Average Report for 08/12/2016
Receipts: 7,352 Last Week 4,342 Last Year 3,246
Compared to last week: Feeder steers sold mostly 2.00-5.00 higher
Where comparable sales were available. Feeder heifers not well tested
for Current FOB trades but a higher undertone was noted. Demand remains
moderate to good. Receipts this week consisted of 98 percent over 600
lbs and 12 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 2,200 hd strs 0 hd hfrs
Steers: FOB price 800 lbs 3.00 over the Sep CME for Oct delivery.
Heifers: no reported trade
Feeder Steers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price Delivery
235 700-735 725 149.88-151.60 150.37 Current FOB
1590 800-840 817 141.76-147.00 146.19 Current FOB
660 850 850 141.18-143.50 142.66 Current FOB
140 700 700 156.50-157.60 157.05 Current Del
60 800 800 147.00 147.00 Current Del
58 860 860 146.00 146.00 Current Del
60 800 800 143.20 143.20 Sep FOB
700 760 760 157.00 157.00 Sep Del
116 850 850 141.50 141.50 Oct Del
240 825 825 147.50 147.50 Aug-Sep Del
Feeder Steers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price Delivery
300 785 785 144.36 144.36 Current FOB
Feeder Steers Medium and Large 2
Head Wt Range Avg Wt Price Range Avg Price Delivery
122 814 814 144.00 144.00 Current Del
Feeder Heifers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price Delivery
148 700-720 709 139.50-140.77 140.19 Current FOB
160 556 556 157.00 157.00 Current Del
Feeder Heifers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price Delivery
78 625 625 145.00 145.00 Sep FOB
70 685 685 141.50 141.50 Oct FOB
205 700 700 136.50 136.50 Oct FOB
210 700 700 134.20 134.20 Nov 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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