LIVESTOCK
Livestock report from the Oklahoma City Stockyards:
Oklahoma Combined Weekly Auction Summary. Feeder Cattle Weighted Average Report and Cow and Bull Report for the week of May 14 through Thursday.
Receipts: 36,122; Last week: 34,274; Last year: 40,663 Compared to last week: Combined weighted average report for Oklahoma auctions. Seven auctions reported this week: Ada, Apache, El Reno, McAlester, Oklahoma City, Tulsa, and Woodward. Feeder steers sold $1-$8 lower. Feeder heifers $3-$6 lower. Steer and heifer calves sold $2-$10 lower. CME feeder cattle futures have closed lower the majority of the week this week. Rain and thunderstorms are expected for many areas of the trading region next week. Supply included 78 percent over 600 lbs.; 42 percent heifers.
Steers: Medium and Large No. 1: (weighted average): Calves: 322 lbs. $193.29; 373 lbs. $193.55; 425 lbs. $181.06; 478 lbs. $170.53; 520 lbs. $168.04; 570 lbs. $161.99; 640 lbs. $145.14; 676 lbs. $140.14; Yearlings: 616 lbs. $149.49; 665 lbs. $147.92; 719 lbs. $141.09; 774 lbs. $135.06; 827 lbs. $128.59; 871 lbs. $125.79; 923 lbs. $119.19; 969 lbs. $114.74; 1,023 lbs. $112.80; 1,080 lbs. $110.99.
Heifers: Medium and Large No. 1: (weighted average): Calves: 321 lbs. $169.60; 379 lbs. $163.25; 425 lbs. $157.02; 471 lbs. $150.70; 521 lbs. $143.94; 569 lbs. $142.53; 623 lbs. $133.40; Yearlings: 631 lbs. $137.87; 670 lbs. $132.76; 715 lbs. $127.54; 778 lbs. $120.97; 827 lbs. $117.54; 869 lbs. $114.60; 915 lbs. $111.90; 965 lbs. $111.16.
Slaughter Cows: Average dressing Boners, Breakers and Lean cows $55-$59.
Slaughter Bulls: Average dressing $80-$84.
SLAUGHTER CATTLE
Slaughter cattle trend in Texas and Kansas traded $7-$8 lower. Live sales in Nebraska $7-$10 lower and dressed sales $9-$10 lower. Slaughter cattle on a national basis for negotiated cash trades through Friday afternoon totaled 105,247 head. Last week’s total head count was 137,417. Midwest Direct Markets:
Nebraska Live Basis: Steers and Heifers: $112-$115 Dressed Basis: Steers and Heifers: $180-$185 South Plains Direct Markets: Texas and Kansas
Live Basis: Steers and Heifers $114-$115
CATTLE FUTURES
Live Cattle: June $102.40; Aug. $98.23; Oct. $101.70; Dec. $107.65.Feeder Cattle: May $132.23; Aug. $137.63; Sept. $137.80; Oct. $138.33.
CATTLE SLAUGHTER
Federally Inspected Cattle: 660,000 head up 7.8 percent from a year ago. Western Cornbelt Direct Lean Hog Base Price: Weighted average price of packers bids on a carcass basis delivered to packing plants as of Friday was $64.59. HOG FUTURES
Dressed Basis: (74 percent yield): June $74.70; July $77.25; Aug. $76.63; Oct. $62.83. HOG SLAUGHTER Federally Inspected Hogs: 2.348 million head, up 3.7 percent from a year ago. The Noble County Livestock Auction in Perry Oklahoma had a fire on Tuesday. The barn was a total loss.
Fortunately, there were no injuries and all livestock was accounted for. They are planning on rebuilding and could possibly be looking at a temporary building to hold a sale until there is a new building. Not sure when the next sale will take place. Go to www.noblecountylivestock.com/site/ for updated information. SHEEP SLAUGHTER Federally Inspected Sheep: 38,000 head, up 11.8 percent from a year ago. BOXED BEEF Estimated Composite Boxed Beef Cutout Values: Friday Box beef cut-out values: $0.51 higher than last Friday. Choice 600-900 lbs. $232.21; Select 600-900 lbs. $208.46. MEAT PRODUCTION
Beef: 526.5 million lbs., up 9.3 percent from a year ago.
Pork: 502.9 million lbs., up 5.6 percent from a year ago.
Lamb: 2.7 million lbs., up 17.4 percent from a year ago. CATTLE CARCASS WEIGHTS National Average: This week estimate: 799 lbs.; Last week estimate 803 lbs.; Last year’s actual 789 lbs. SOURCE: USDA-OKLAHOMA AGRICULTURE DEPARTMENT MARKET NEWS SERVICE