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Texas, Oklahoma weekly livestock auction summaries for Feb. 24

Texas

Compared to last week: Feeder steers and heifers sold mostly 3.00 to 6.00 higher. Trade was fairly active on good demand. High winds throughout most of the week hampered movement. Slaughter cows and bulls were steady to 3.00 higher. Supply included: 85% Feeder Cattle (62% Steers, 36% Heifers, 1% Bulls); 14% Slaughter Cattle (97% Cows, 3% Bulls); 1% Replacement Cattle (70% Stock Cows, 11% Bred Cows, 7% Bred Heifers, 7% Cow-Calf Pairs, 5% Bulls). Feeder cattle supply over 600 lbs was 67%.

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Oklahoma

Compared to last week: Feeder steers steady to 2.00 higher. Feeder heifers 2.00-4.00 higher. Demand good for feeder cattle. Stocker cattle sold 3.00-8.00 higher with grass accounts turning very active this week. Steer and heifer calves sold steady to 5.00 higher. The bulls dominated the cattle futures this week as corn futures sold mostly lower. Carcass weights continue to decline some because of the continued winter storms in the north. Slaughter rates have become lighter as well as those cattle are not gaining at the highest of levels. On the other hand, cattle in the south have had good feeding conditions but just dealing with many days of high wind and dust. Rains continue to move thru the state with the bulk of the moisture in the East and South East. Slaughter cows continue to move higher as numbers become lighter. Slaughter cows 3.00-4.00 higher. Slaughter bulls 5.00 higher. Demand very good for all classes of cows. Supply included: 93% Feeder Cattle (50% Steers, 47% Heifers, 3% Bulls); 5% Slaughter Cattle (84% Cows, 16% Bulls); 1% Replacement Cattle (60% Bred Cows, 2% Bred Heifers, 34% Cow-Calf Pairs, 4% Bulls). Feeder cattle supply over 600 lbs was 52%.

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Written by:
Jaclyn Roberts
Published on:
February 24, 2023

Categories: Livestock Markets, Livestock Markets - Oklahoma, TSCRA Update

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