Oklahoma direct feeder cattle - Fri
KO_LS161  
Oklahoma City, OK   Wed Dec 07, 2018   Oklahoma City, OK USDA Market News  

Oklahoma Range Sales
Feeder Cattle Weighted Average Report for 12/07/2018

Receipts: 2,973        Last Week: 4,721        Last Year: 414

   Compared to last week:  Feeder steers and heifers lightly tested 
again this week on a Current FOB basis but a lower undertone was noted.  
Large runs continue in local sale barns with heavy yearlings carrying the
most demand.  Winter weather including snow and ice is in the forecast
for the weekend.  Receipts this week consisted of 100 percent over 600
lbs and 84 percent heifers.  Unless otherwise 3 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  Comments       
         68     735        735       141.38         141.38 Current FOB     
        125   775-777      776    142.00-144.00     142.99 Current FOB     
         60     800        800       145.50         145.50 Current FOB     
        115     700        700       144.00         144.00 Current Del     
        120     825        825       140.72         140.72 Jan FOB         

                     Feeder Heifers Medium and Large 1                     
       Head   Wt Range   Avg Wt    Price Range   Avg Price  Comments       
        150     675        675       143.50         143.50 Current FOB     
         95     670        670       136.00         136.00 Current Del     
        280     700        700       136.20         136.20 Jan FOB         
        560     700        700       132.25         132.25 Apr FOB         
         75     650        650       143.00         143.00 Dec FOB         

                    Feeder Heifers Medium and Large 1-2                    
       Head   Wt Range   Avg Wt    Price Range   Avg Price  Comments       
       1325     700        700    125.99-131.75     130.86 Mar FOB         

Source:  USDA Market News Oklahoma City, OK
         Tina Colby/Joe Massey 405-232-5425
         24 Hour Market Report 1-405-636-2691
         www.ams.usda.gov/mnreports/KO_LS161.txt