Oil and gas, livestock prices for Feb. 22

Published: February 23, 2013
Advertisement
;

Marshall: XTO Energy Inc.; Brown No. 2-31H Well; SE1/4 SW1/4 SW1/4 SE1/4 (SL) of 31-04S-04E; TD 18,750.

Payne: Truevine Operating LLC; Boyd No. 1-18 SWD Well; SW1/4 NW1/4 NE1/4 NE1/4 of 18-20N-02E; TD 5,500.

Pottawatomie: TBK Energy Co.; N. Tribbey No. 1-23 SWD Well; C N1/2 NW1/4 SE1/4 of 23-08N-02E; TD 3,000.

Stephens: Banner Oil & Gas LLC; School Land No. SL-69 Well; S1/2 N1/2 SW1/4 NW1/4 of 14-03S-05W; TD 1,200.

Banner Oil & Gas LLC; School Land No. SL-70 Well; S1/2 NW1/4 SW1/4 NW1/4 of 14-03S-05W; TD 1,200.

Banner Oil & Gas LLC; School Land No. SL-71 Well; NW1/4 NW1/4 SW1/4 NW1/4 of 14-03S-05W; TD 1,200.

SOURCE: OIL-LAW RECORDS CORP.

LIVESTOCK

Friday's closing cattle and hog quotations from the Oklahoma National Stockyards.

FEEDER CATTLE

Oklahoma Combined Weekly Auction Summary. Feeder Cattle Weighted Average Report and Cow and Bull Report for week of Feb. 15 to Thursday.

Receipts: 18,850; Last Week: 19,243; Last Year: 31,642.

Combined weighted average report for Oklahoma auctions. Seven auctions reported this week: Ada; Apache; El Reno; McAlester; Oklahoma City; Tulsa; and Woodward. Feeder steers under 800 lbs steady to $2 lower, over 800 lbs $1-$3 lower. Feeder heifers sold $1-$3 lower. Feeder cattle demand moderate following another week of soft trade on the CME. Steer calves sold steady to $2 higher. Heifer calves sold steady. Several rounds of winter storms brought more moisture to area pastures.

Feeder Steers: Medium and Large No. 1: Calves: 326 lbs. $208.87; 371 lbs. $198.65; 430 lbs. $185.99; 476 lbs. $178.37; 518 lbs. $178.37; 584 lbs. $164.78; 631 lbs. $152.12; 664 lbs. $146.10. Yearlings: 628 lbs. $158.29; 675 lbs. $148.04; 728 lbs. $143.08; 765 lbs. $140.11; 824 lbs. $136.50; 866 lbs. $132.75; 917 lbs. $129.31; 960 lbs. $128.65.

Feeder Heifers: Medium and Large No. 1: Calves: 318 lbs. $177.94; 384 lbs. $173; 425 lbs. $171.57; 477 lbs. $162.34; 526 lbs. $156.88; 574 lbs. $145.31; 621 lbs. $136.60; 654 lbs. $134.55. Yearlings: 626 lbs. $139.68; 676 lbs. $137.67; 733 lbs. $132.67; 768 lbs. $130.59; 819 lbs. $127.08; 865 lbs. $122.42; 916 lbs. $125.71.

Slaughter Cows: Average dressing Boners and Breakers $82.50-$90; Lean cows $87-$84. Slaughter Bulls: Average dressing $98-$105.50.

SLAUGHTER CATTLE

Slaughter cattle $2 lower. Dressed sales $4 lower. Sales confirmed so far this week totaled about 63,540 head thru Friday afternoon. Last week 88,930.

Nebraska Feed yards: Live Basis: Steers and Heifers: $123

Dressed Basis Steers and Heifers: $196

Texas and Kansas Feed Yards Live Basis: $123

CATTLE FUTURES

Friday's Close.

Live Cattle: Feb. $126.35; April $128.22; June $124.47; Aug. $125.35

Feeder Cattle: March $141.25; April $143.77; May $147.12; Aug. $154.27.

CATTLE SLAUGHTER

Federally Inspected Cattle: 573,000 head down 2.8 percent from a year ago.

USDA'S CATTLE ON FEED REPORT

Cattle on feed as of Feb. 1, 2013 totaled 11.1 million head, 94 percent of a year ago. Placements of cattle in the feedlots during January totaled 1.88 million head, 102 percent of a year ago. Cattle weighing under 600 lbs. 24 percent of the total placements; 600-700 lbs. 21 percent; 700-800 lbs. 29 percent; and 800 lbs. and up were 26 percent of the total placements. Marketings of fed cattle during the month of January totaled 1.92 million head 106 percent of a year ago.

HOGS

OKLAHOMA CITY DIRECT HOGS: Receipts this week 160 head

Barrows and Gilts: U.S. Nos. 1-3 220-270 lbs. $48-$50

Sows: U.S. Nos. 1-3 300-500 lbs. $38-$44

U.S. Nos. 1-3 500-700 lbs. $45-$48

Boars: 200-250 lbs. $20; over 250 lbs. $5.

Western Cornbelt Direct Lean Hog Base Price: Weighted average price of packers bids on a carcass basis delivered to packing plants Friday was $57.83.

HOG FUTURES

Friday's close: Dressed Basis (74 percent yield): April $81.75; May $89.90; June $91.05; July $90.95.

HOG SLAUGHTER

Federally Inspected Hogs: 2.066 million head down 2.5 percent from a year ago.

SHEEP SLAUGHTER

Federally Inspected Sheep/Lambs: 38,000 head down 0.3 percent from a year ago.

BOXED BEEF

Estimated Composite Boxed Beef Cutout Values:

Box beef cut-out values: $.52 higher than last Friday.

Choice 600-900 lbs. $181.89; Select 600-900 lbs. $180.19.

MEAT PRODUCTION

Beef: 458.7 million lbs. down 3.8 percent from a year ago.

Pork: 427.7 million lbs. down 3.8 percent from a year ago.

Lamb: 2.7 million lbs. down 3.6 from a year ago.

Cattle Carcass Weights – National Average:

This week estimate: 802 lbs.; Last week estimate: 802 lbs.; Last years actual: 792 lbs.

SOURCE: USDA-OKLAHOMA AGRICULTURE DEPARTMENT MARKET NEWS SERVICE

| |

Advertisement


Trending Now



AROUND THE WEB

  1. 1
    Mayor Who Fired Lesbian Police Chief Caught On Tape In Homophobic Tirade
  2. 2
    NBA commissioner wants to raise age limit to 20
  3. 3
    Dream guitars I wouldn't mind calling my own (34 Photos)
  4. 4
    Glen Campbell Moved to Health Care Facility
  5. 5
    Why the U.S. government is 'trolling' terrorists on social media - CNN.com
+ show more