Iowa-Southern Minnesota Feeder Cattle Weekly Summary
NW_LS165 
Oklahoma City, OK    Fri Aug 10, 2020    Oklahoma City, OK USDA
 
Iowa-Missouri Direct Feeder Cattle Sales
Feeder Cattle Weighted Average Report for 08/10/2020

Receipts: 1,588     Last week: 1,539    Last Year: 541

    Compared to the last week: Feeder steers and heifers sold sharply
higher with instances as much as 10.00 higher on limited comparable
sales.  Demand moderate to good.  Prices based on net weights FOB
after a 3 percent shrink or equivalent and 5-10 cent slide on calves 
and 4-6 cent slide on yearlings from base weights.  Supply included 
75 percent Over 600 lbs; 5 percent heifers.  Delivered prices include
freight, commissions and other expenses.  Current sales are up to 14 days
delivery. 

               Feeder Steers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   71      662       662       145.86         145.86   Current FOB   
  135      735       735       142.75         142.75   Current FOB   
   65      750       750       141.75         141.75   Current FOB   
  360      800       800       139.50         139.50   Oct     FOB   

                Feeder Steers Medium and Large 1-2
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  360    810-825     815    133.00-136.10     135.05   Current FOB   
  116      850       850    137.10-137.70     137.40   Nov     FOB   

                  Feeder Holstein Steers Large 3
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
  405      350       350       117.20         117.20   Aug-Sep FOB   

                Feeder Heifers Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price  Delivery
   76      619       619       136.15         136.15   Current FOB   
   
 Source:  USDA Market News Oklahoma City, OK
         Joe Massey Market Reporter, 405-232-5425
         24 Hour Market Report 1-405-636-2691
         www.ams.usda.gov/mnreports/NW_LS165.txt