Morning Ag Markets – Matt Hines
Date: December 20th, 2021 Livestock futures mostly lower last Friday and for the week. Cash fed cattle trade dropped another $2 last week for a top at $138 live in the South, $140 live and $220 dressed in the North. The full range of trade was even worse with TX down to $134 to $136 live. Oklahoma Weekly Cattle Auction Summary Livestock Weighted Average Report for 12/12/2021 - 12/18/2021 Current Week: 45,864 Last Week: 51,902 Last Year: 27,791 Compared to last week: Feeder steers steady to 4.00 lower. Feeder heifers mostly 2.00-7.00 lower. Demand moderate to good for feeder cattle. Steer calves steady to 2.00 higher. Heifer calves steady to 5.00 lower. Demand moderate for most calves, except light weight calves which sold to good…