Livestock report from the Oklahoma City Stockyards for Feb. 4, 2021

Livestock report from the Oklahoma City Stockyards:

Oklahoma Weekly Cattle Auction Summary Livestock Weighted Average Report for the week of Jan. 31 through Thursday.

Receipts: 23,659; Last report: 36,646; Last year: 34,616

Compared to last week: Feeder steers unevenly steady. Steer calves sold $5-$10 lower. Feeder heifers and heifer calves steady to $2 higher. Demand moderate to good. Numbers somewhat lighter this week as mid-week winter storm had some auctions canceling or moving sales up in order to miss the ice and snow. Ice and snow did come as expected and was a welcome site as much of the state in desperate need of moisture. Temps fell into the single digits and will only reach the mid 30’s by the weekend. Stark reminder that it is still winter. Slaughter cattle prices moved higher as slaughter rates improved. Beef prices moved lower after a brief move higher. Slaughter cows sold $1-$3 higher. Slaughter bulls $1-$2 higher. Demand good as cow numbers begin to decline. Supply included: 92% Feeder Cattle (53% Steers, 1% Dairy Steers, 42% Heifers, 3% Bulls); 6% Slaughter Cattle (89% Cows, 11% Bulls); 1% Replacement Cattle (1% Stock Cows, 81% Bred Cows, 2% Bred Heifers, 16% Cow-Calf Pairs). Feeder cattle supply over 600 lbs was 47%.