Livestock effective Jan. 21, 2021
Livestock report from the Oklahoma City Stockyards:
Oklahoma Weekly Cattle Auction Summary Livestock Weighted Average Report for the week of Jan. 14 through Thursday.
Receipts: 38,458; Last report: 47,571; Last year: 46,260
Compared to last week: Feeder steers under 800 lbs. steady $3 higher; over 800 lbs. $1-$2 lower. Feeder heifers sold mostly steady. Steer calves mostly steady to $3 lower. Heifer calves steady to $4 higher. Demand, again good for all classes. Demand for calves still very good, despite dry conditions. Summer Feeder futures continue higher and this helps the demand for calves. Slaughter cattle held mostly steady as boxed beef prices continue to improve. Slaughter cows sold $3 higher. Slaughter bulls sold 1.00 higher. Packer demand good. Supply included: 94% Feeder Cattle (57% Steers, 0% Dairy Steers, 40% Heifers, 3% Bulls); 4% Slaughter Cattle (90% Cows, 10% Bulls); 1% Replacement Cattle (3% Stock Cows, 77% Bred Cows, 8% Bred Heifers, 12% Cow-Calf Pairs). Feeder cattle supply over 600 lbs was 53%.
Steers: Medium and Large No. 1: (weighted average): 281 lbs. $229.92; 330 lbs. $211.82; 381 lbs. $216.15; 428 lbs. $208.81; 477 lbs. $202.38; 523 lbs. $191.75; 572 lbs. $175.45; 620 lbs. $173.16; 672 lbs. $166.10; 727 lbs. $160.87; 768 lbs. $159.47; 819 lbs. $156.21; 865 lbs. $153.50; 926 lbs. $149.18; 959 lbs. $149.80; 1,004 lbs. $146.43; 1,050 lbs. $139. $140.50.
Heifers: Medium and Large No. 1: (weighted average): 225 lbs. $195; 328 lbs. $178.38; 376 lbs. $170.93; 426 lbs. $172.26; 478 lbs. $168.14; 525 lbs. $158.11; 573 lbs. $154.92; 627 lbs. $151.34; 675 lbs. $149.81; 719 lbs. $149.69; 776 lbs. $146.84; 821 lbs. $146.74; 874 lbs. $143.12; 921 lbs. $137.65.
Slaughter Cows: Average dressing Breakers $62-$78(weighted average price $71.72); Boners $62-$76(weighted average price $67.44); Lean cows $55-$71(weighted average price $63.61). Slaughter bulls Average dressing $81-$98(weighted average $88.48).
SLAUGHTER CATTLE
Slaughter cattle sold steady for cash and live trades in all major feeding regions. Slaughter cattle on a national basis for negotiated cash trades through Friday afternoon totaled 50,202 head. Last week's total head count was 46,948 head.
Midwest Direct Markets: Nebraska
Live Basis: Steers and Heifers: $137-$139
Dressed Basis: Steers and Heifers: $218
South Plains Direct Markets: Kansas and Texas
Live Basis: Steers and Heifers: few at $137
CATTLE FUTURES
Live Cattle: Feb. $137.92; April $142.10; June $137.30; Aug. $136.57.
Feeder Cattle: Jan. $160.27; March $163.30; April $168.12; May $171.12.
CATTLE SLAUGHTER
Federally Inspected Cattle: 636,000 down 4.5 percent from a year ago. year.
WESTERN CORNBELT DIRECT LEAN HOG BASE PRICE
The weighted average price of packers bids on a carcass basis Friday was not reported due to confidentiality.
HOG FUTURES
Dressed Basis: (74% yield): Feb. $86.20; April $94.95; May $98.92; June $104.77.
HOG SLAUGHTER
Federally Inspected Hogs: 2.440 million head down 10.0 percent from last year.
SHEEP SLAUGHTER
Federally Inspected Sheep/Lambs: 32,000 head down 5.9 percent from last year.
BOXED BEEF
Estimated Composite Boxed Beef Cutout Values: Friday afternoon Boxed beef cut-out values: $21.24 higher from last Friday. Choice 600-900 lbs. $292.72; Select 600-900 lbs. $282.67
MEAT PRODUCTION
Beef: 535.5 million lbs. down 4.5 percent from a year ago.
Pork: 531.4 million lbs. down 11.1 percent from a year ago.
Lamb: 2.0 million lbs. down 9.1 percent from a year ago.
CATTLE CARCASS WEIGHTS
National Average: This week estimate: 844 lbs.; Last week estimate 843 lbs.; Last year's actual 848 lbs.
SOURCE: USDA-OKLAHOMA AGRICULTURE DEPARTMENT MARKET NEWS SERVICE
This article originally appeared on Oklahoman: Livestock report from the Oklahoma City Stockyards for Jan. 21, 2021
