Compared to last week: Feeder steers under 600 lbs 2.00 to 6.00 higher, over 600 lbs steady to 2.00 higher. Feeder heifers 2.00 to 5.00 higher. Good to very good demand for this large offering of home raised, long time weaned steers and heifers. Best demand was seen on those light fleshed steers and heifers under 600 lbs. Flesh was a little more uneven this week as there were more cattle carrying a moderate plus amount of flesh, the quality was a little uneven this week as there were quite a few small consignments along with the long strings of attractive, high quality cattle. As the sale progressed the quality got better and the market became very active. Many farmer feeders on the seats actively bidding which created a fast-paced auction. After the CME Cattle futures finally were able to post a rally on Friday last week cattle feeders were ready to jump in and buy cattle and were willing to give more to get their needs met. Slaughter cows steady to 2.00 higher than last Wednesday, bulls not well compared. Supply included: 97% Feeder Cattle (53% Steers, 47% Heifers); 3% Slaughter Cattle (85% Cows, 15% Bulls). Feeder cattle supply over 600 lbs was 60%.
Compared to last week, steers under 700 lbs was 1.00 - 5.00 lower, over 700 lbs was 5.00 - 8.00 higher. Heifers under under 650 lbs steady - 8.00 higher, over 650 lbs were 2.00 - 4.00 lower. Demand was good. Supply included: 100% Feeder Cattle (55% Steers, 45% Heifers). Feeder cattle supply over 600 lbs was 61%.
Compared to last week: Slaughter cows and bulls sold steady to 3.00 higher. Demand good. A total of 319 cows and bulls with 35 percent going to packers. The estimated dressed cost at the OKC West Livestock Auction: Lean cows 122.25; Boners 127.85; Breakers 121.55; Light weight cows 116.30; Bulls 156.05. Supply included: 56% Slaughter Cattle (85% Cows, 15% Bulls); 44% Replacement Cattle (89% Bred Cows, 11% Cow-Calf Pairs).
Compared to last week: Feeder steers 600-800 lbs. 5.00-9.00 higher, heavier weights mostly steady to 1.00 higher. Feeder heifers 2.00-6.00 higher. Steer and heifer calves 5.00-10.00 higher. Demand good to very good, especially so for thinner fleshed calves headed to graze wheat pasture. Active bidding throughout the sale from a full crowd. Quality average to attractive with more than a few long-weaned, home-raised offerings sold. Supply included: 100% Feeder Cattle (59% Steers, 40% Heifers, 1% Bulls). Feeder cattle supply over 600 lbs was 53%.
Compared to last week, steers and heifers under 700 lbs steady to 5.00 higher, over 700 lbs 2.00 to 7.00 higher. Demand good, supply moderate to heavy. Weigh-ups and flesh condition favorable to the Buyers side, along with good quality kept the trade active. Supply included: 100% Feeder Cattle (56% Steers, 41% Heifers, 3% Bulls). Feeder cattle supply over 600 lbs was 44%.
Compared to last week's lighter receipts, the best test was on steers weighing 450-600 lbs trading 2.00-4.00 higher, with 600-700 lbs selling mostly steady with the bulk weighing 675-700 lbs and steers over 700 lbs were not well tested. Feeder heifers weighing 400-500 lbs sold firm to 3.00 higher, 500-600 lbs sold mostly steady with spots 3.00 lower compared to last week's active market, heifers over 600 lbs sold with a higher undertone with few comparable sales from last week. Slaughter cows sold firm to 4.00 higher. Demand was good with supply moderate. Last Friday CME cattle futures finally posted a triple-digit rally hopefully putting a bottom to the recent downtrend. Supply included: 91% Feeder Cattle (52% Steers, 48% Heifers, 1% Bulls); 9% Slaughter Cattle (22% Steers, 10% Dairy Steers, 17% Heifers, 48% Cows, 4% Bulls). Feeder cattle supply over 600 lbs was 48%.