LIVESTOCK

Livestock report from the Oklahoma City Stockyards:

Receipts: 8,600; Last week: 7,184; Last year: 7,326 Compared to last week: Feeder steers and heifers $2-$5 higher. Steer calves $4-$6 higher. Heifer calves $1-$4 higher. Demand moderate to good for feeder cattle. Demand is very good for calves despite the high heat and humidity. Cattle futures closing well into the green today following a fairly neutral Cattle on Feed report on Friday. Cattle Inventory report was also issued Friday and once again posting lighter beef cow and beef replacement heifer numbers. This is some indication we could be looking at a tighter inventory going forward. Quality is mostly average but large strings of cattle continue to come off the grass. Note: Market trends and numbers are thru 3:30 pm and do not reflect the full day's activities.

Feeder Steers: Medium and Large No. 1: few 300400 lbs. $196-$211; 400-450 lbs. $183-$204; 450500 lbs. $1170-$190; 500-550 lbs. $170-$190.50; 550-600 lbs. $170-$182; 600-650 lbs. $166-$179; 650-700 lbs. $158-$168.50; 700-750 lbs. $154.50$164.50; 750-800 lbs. $150-$162; 800-850 lbs. $148$158.50; 850- 900 lbs. $147-$154; 900-950 lbs. $141.75-$149.25; 950-1,000 lbs. $134.50- $138. Medium and Large Nos. 1-2: 450-500 lbs. $158-$177; 500-600 lbs. $162-$173; 600- 650 lbs. $153.50-$162; 700-750 lbs. $146.50-$155; 750-800 lbs. $135-$145; 800-850 lbs. $130-$143; 915 lbs. $140.

Feeder Heifers: Medium and Large No. 1: few 350400 lbs. $160-$168; 400- 450 lbs. $157-$171; 450500 lbs. $154.50-$161; 500-550 lbs. $149-$160; 550600 lbs. $150-$156; 600-650 lbs. $144-$166; 650700 lbs. $144-$158; 700-750 lbs. $144- $150; 750800 lbs. $141-$148.50; 800-850 lbs. $130-$144; 970 lbs. $128.50. Medium and Large Nos. 1-2: 400-500 lbs. $147.50-$150; 500-600 lbs. $138- $152; 600-700 lbs. $135-$147.50; 700-725 lbs. $137.50-$138; 800900 lbs. $129- $136.50; 960 lbs. $125.

SOURCE: USDA-OKLAHOMA AGRICULTURE DEPARTMENT MARKET NEWS SERVICE