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Livestock report from the Oklahoma City Stockyards:

Oklahoma Weekly Cattle Auction Summary Livestock Weighted Average Report for the week of Aug. 23 through Thursday.

Receipts: 22,648; Last Week: 26,847; Last Year: 28,873

Compared to last week: Feeder steers steady to $3 higher. Feeder heifers steady to $2 higher. Demand good for lighter numbers of feeder cattle. Steer and heifer calves steady to $5 higher. Steer calves under 400 lbs. sold up to $15 higher and heifer calves under 400 lbs. were $7-$8 higher. Demand very good for calves. Weather has turned hot and dry as is normal for late August and many areas could use some rain. Another week of hot dry weather is in the forecast. A cool front is expected to bring some moisture Labor Day Weekend, however that is far away, and we will wait and see. Slaughter cows sold $2-$4 lower. Slaughter bulls $1 lower. Packer demand light to moderate despite the lighter numbers. Supply included: 91% Feeder Cattle (54% Steers, 42% Heifers, 4% Bulls, 0% Dairy Heifers); 7% Slaughter Cattle (90% Cows, 10% Bulls); 1% Replacement Cattle (86% Bred Cows, 14% Cow-Calf Pairs). Feeder cattle supply over 600 lbs. was 62%.

Steers: Medium and Large No.1: (weighted average): 326 lbs. $213.55; 378 lbs. $210.06; 424 lbs. $188.71; 472 lbs. $175.68; 528 lbs. $168.51; 564 lbs. $165.84; 618 lbs. $166.69; 665 lbs. $161.19; 727 lbs. $159.20; 779 lbs. $155.84; 829 lbs. $154.84; 876 lbs. $153.07; 876 lbs. $153.07; 928 lbs. $145.28; 991 lbs. $143.97; 1,010 lbs. $139.53; 1,059 lbs. $138.89; 1,155 lbs. $132.50.

Heifers: Medium and Large No. 1: (weighted average): 325 lbs. $175.52; 371 lbs. $168.28; 426 lbs. $158.60; 474 lbs. $156.51; 528 lbs. $151.69; 574 lbs. $154.06; 624 lbs. $152.33; 676 lbs. $149.90; 714 lbs. $148.91; 776 lbs. $145.56; 824 lbs. $141.18; 873 lbs. $137.26; 924 lbs. $131.86; 979 lbs. $116.49.

Slaughter Cows: Average dressing Breakers $61$75.50(weighted average price $69.78); Boners $58-$76 (weighted average price $65.56); Lean cows $55-$70 (weighted average price $61.18). Slaughter bulls average dressing $83-$96 (weighted average $89.03).

SLAUGHTER CATTLE

Slaughter cattle in Southern Plains $1-2 higher. Live sales in Nebraska $1-$3 higher with dressed sales $2 higher. Slaughter cattle on a national basis for negotiated cash trades through Friday afternoon totaled 51,432 head. Last week’s total head count was 95,771 head.

Midwest Direct Markets: Nebraska

Live Basis: Steers and Heifers: $128

Dressed Basis: Steers and Heifers: $202.

South Plains Direct Markets: Kansas and Texas Live Basis: Steers and Heifers: $123.

CATTLE FUTURES

Live Cattle: Aug. $122.00; Oct. $129.12; Dec. $135.32; Feb. $138.95.

Feeder Cattle: Sept. $164.65; Oct. $168.42; Nov.

$169.95; Jan. $169.15.

CATTLE SLAUGHTER

Federally Inspected Cattle: 651,000 down 0.5 percent from last year.

WESTERN CORNBELT DIRECT LEAN HOG BASE PRICE

The weighted average price of packers bids on a carcass basis Friday was $103.64.

HOG FUTURES

Dressed Basis(74% yield): Oct. $90.72; Dec. $83.05; Feb. $84.32; April $85.75.

HOG SLAUGHTER

Federally Inspected Hogs: 2.444 million head down 7.9 percent from last year.

SHEEP SLAUGHTER

Federally Inspected Sheep/Lambs: 31,000 head down 8.8 percent from last year.

BOXED BEEF

Estimated Composite Boxed Beef Cutout Values: Friday afternoon Boxed beef cut-out values: down $1.37 from last Friday. Choice 600-900 lbs. $345.34; Select 600-900 lbs. $315.52.

MEAT PRODUCTION

Beef: 531.9 million lbs. down 3.1 percent from a year ago.

Pork: 510.9 million lbs. down 8.2 percent from a year ago.

Lamb: 1.8 million lbs. down 18.2 percent from a year ago.

CATTLE CARCASS WEIGHTS

National Average: This week estimate: 819 lbs.; Last week estimate 819 lbs.; Last year’s actual 841 lbs.

SOURCE: USDA-OKLAHOMA AGRICULTURE DEPARTMENT MARKET NEWS SERVICE