The market in a line
Thu, Aug 6Choice cutout closed $4.11 lower at $363.86. 3 Oklahoma barns reported 161 priced lots.
Feeder steers
Oklahoma, week of Aug 3 USDAWeighted across every reported lot, by weight class. Weekly rather than daily — one day's barns are too thin a base for a state figure. Watch the barn count: a weight class carried by one or two barns is a thin figure, not a market.
| Weight | Price | vs prior week | Head | Barns |
|---|
| 300-399 lb | 561.49/cwt | $13.29 higher | 224 | 8 |
| 400-499 lb | 487.70/cwt | $9.15 higher | 510 | 8 |
| 500-599 lb | 429.44/cwt | $14.16 higher | 820 | 8 |
| 600-699 lb | 391.49/cwt | $24.49 higher | 1,151 | 8 |
| 700-799 lb | 357.99/cwt | $7.45 higher | 564 | 8 |
| 800-899 lb | 341.39/cwt | $12.60 higher | 2,312 | 8 |
Barn by barn, 500–599 lb steers
Same day, same class USDAEvery barn that sold at least 20 head of this class on Thu, Aug 6, weighted by head. Spread of $10.25 between the top and bottom of 2 barns. An average moves with the cattle that showed up as much as with the buyers in the seats — a yard with better grade will average higher on the same demand. This is where the money landed, not a verdict on the barn.
Boxed beef
National · PM close · Aug 6 USDAChoice $363.86, $4.11 lower. Select $349.78, $1.72 higher. The Choice–Select spread stands at $14.08. 118 loads traded.
Fed cattle
National · Negotiated cash, week to date USDA49,995 head traded Jul 31–Aug 6.
| Region | Basis | Price | Head |
|---|
| Iowa-Minnesota | Dressed Delivered | 375.39 | 3,154 |
| Iowa-Minnesota | Live Delivered | 236.93 | 2,071 |
| Iowa-Minnesota | Live FOB | 234.93 | 8,405 |
| Kansas | Dressed Delivered | 370.00 | 39 |
| Kansas | Live FOB | 234.44 | 5,017 |
| Nebraska | Dressed Delivered | 370.21 | 14,682 |
At the Oklahoma barns
USDA market reporters, as filed USDACompared to last week: Steers were 5.00 to 10.00 higher. Most other classes didn't have enough comparable trades from the previous week, but a firm undertone was noted. Several groups traded with a good quality and a strong demand.
Woodward Livestock Inc · Oklahoma
Compared to last week: Feeder steers and feeder heifers 8.00 to 10.00 higher. Steer calves and heifer calves 15.00 to 20.00 higher. Quality good to attractive with very good demand. Slaughter cows steady to 3.00 higher. Slaughter bulls 3.00 higher.
Apache Livestock Auction · Oklahoma
Compared to last week. Slaughter Cows steady to 3.00 lower. Slaughter Bulls steady to 4.00 higher. Very good demand for bred replacements. There has been extreme heat and dry in the area.
Southern Oklahoma Livestock Auction · Oklahoma
Cows and bulls
National direct, dressed USDA| Class | Price | Direction | Head |
|---|
| Breaker (75% lean) | 314.18/cwt | $5.49 lower | 287 |
| Boner (85% lean) | 329.05/cwt | $5.48 lower | 1,699 |
| Cutter (90% lean) | 330.32/cwt | $2.38 lower | 3,110 |
| Premium White | 325.83/cwt | $1.91 lower | 2,076 |
| Bull (92% lean) | 375.25/cwt | $1.68 lower | 376 |
Every USDA report carried this date is listed in the archive.