Report Date: 3/24/2017
KO_LS161
Oklahoma City, OK Fri Mar 24, 2017 Oklahoma City, OK USDA Market News
Oklahoma Range Sales
Feeder Cattle Weighted Average Report for 03/24/2017
Receipts: 10,658 Last Week 3,565 Last Year 1,396
Compared to last week: Feeder steers 1.00-5.00 higher. Feeder heifers
not recent test for a trend but a higher undertone is noted. Demand
improved again as cattle futures and cash slaughter cattle prices posted
gains once again. Weather turned very warm for early spring but strong
March wind has been blowing from the South further drying out pastures.
Chances of rain are in the forecast for next week. Receipts this week
consisted of 96 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 8-12 cent slide on calves and 4-8 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
113 703-725 705 133.81-134.39 134.34 Current FOB
415 850-875 868 124.00-129.75 126.50 Current FOB
50 800 800 133.00 133.00 Current Del
52 875 875 127.50 127.50 Current Del
387 750-775 754 133.77-136.50 136.05 Apr FOB
1320 800-825 812 127.40-130.00 128.54 Apr FOB
887 850 850 124.90-131.35 129.80 Apr FOB
490 700-725 704 132.85-138.00 135.00 May FOB
130 750 750 135.96 135.96 May FOB
1220 800-825 807 124.85-130.45 127.62 May FOB
137 700-725 712 132.50-133.15 132.83 Jun FOB
210 700 700 133.15 133.15 Jul FOB
390 750-775 754 129.15-135.25 131.36 Aug FOB
Feeder Steers Medium and Large 1-2
Head Wt Range Avg Wt Price Range Avg Price Delivery
400 600 600 144.37 144.37 Current FOB
69 725 725 128.00 128.00 Jun FOB
Feeder Heifers Medium and Large 1
Head Wt Range Avg Wt Price Range Avg Price Delivery
300 650 650 132.50-133.50 133.00 Current FOB
157 700 700 125.81-128.00 127.76 Current FOB
260 750 750 121.00-124.00 121.69 Current FOB
144 800 800 123.00 123.00 Current Del
205 700-725 716 125.00-128.80 126.27 Apr FOB
555 700-725 706 120.85-127.70 122.62 May FOB
455 750 750 127.00 127.00 May FOB
835 700 700 121.65-129.00 123.45 Jun FOB
145 675 675 132.00 132.00 Jul FOB
910 700 700 121.65-123.00 122.17 Jul FOB
72 675 675 128.00 128.00 Aug FOB
350 700 700 122.00-128.00 125.60 Sep 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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