Oklahoma Direct Feeder Cattle

KO_LS161   
Oklahoma City, OK    Fri Dec 28, 2012  USDA-OK Dept Ag Mkt News

Oklahoma Direct Feeder Cattle Report
Feeder Cattle Weighted Average Report for 12/21-28/2012

   Confirmed:  861     Last Week:  7842     Last Year:  4145

   Compared to last week: Feeder steers and heifers not well tested this
holiday shortened week.  Demand remains good for light supplies.  Cold 
weather continues with few snow showers falling mainly in western and
southern Oklahoma.  More moisture is expected in the form of cold rain
for New Year's Eve.  Supply this week included 91 percent over 600 lbs 
and 26 percent heifers. 
   Unless otherwise stated prices are FOB weigh point with a 2-3 percent 
shrink or equivalent and with a 5-10 cent slide on calves and 3-6 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  Delivery
  134      775       775       147.50         147.50   Current FOB   
   58      825       825       148.00         148.00   Current FOB   

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  139    701-725     712    145.25-148.00     146.58   Current FOB   
  310      775       775       145.00         145.00   Current FOB   

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   70      697       697       142.00         142.00   Current FOB   
   80      600       600       152.50         152.50   Mar     FOB   
   70      700       700       150.25         150.25   May     FOB   

Source:  USDA-OK Dept of Ag Market News Service
         Tina Colby   405-232-5425
         24 Hour Market Report 405-636-2691
         www.ams.usda.gov/lsmarketnewsKO_LS161.txt

1000c         

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6. Feeder cattle review: Feed report neutral to slightly bearish

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6. Senate Agriculture Committee completes Farm Bill markup

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