Lot 166

Elite Auctions LLC - Monthly Horse Auction
Live Event Started: 3/26/22 4:00 PM (CDT)

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Status Closed
Lot Opened 12/27/21 10:00 AM (CST)
Lot Closed
3/26/22 3:00 PM (CDT)
Live Event Started 3/26/22 4:00 PM (CDT)
BASSETT LIVESTOCK: The largest string sold on Wednesday at Bassett Livestock was 181 steers (979#) at $186.05. The second largest string was 165 steers (520#) at $216.05
U.S. CATTLE REPORT: OKC West Top 10; Boxed beef down on strong movement; 97 steers (598#) from Bassett, NE at $217.00; Slaughter at 128K head, WTD at 383K
OPEC+ and its allies agreed on Wednesday to reduce their collective output by 2 million barrels a day in a bid to keep oil prices high (Bloomberg)
OKC WEST: The largest string sold this week at OKC West was 310 steers (871#) at $174.20. The second largest string was 153 steers (856#) at $163.50
NATIONAL STEER TRACKER: The largest steer string sold on Wednesday on the National Steer Tracker (700-899#) was 310 steers (871#) from El Reno, Oklahoma at $174.20. The average price for the top 10 steer strings sold on Wednesday was $173.56
NATIONAL CATTLE TRACKER: The largest steer and heifer string sold on Wednesday was 310 steers (871#) from El Reno, Oklahoma at $176.75. The second largest string was 240 heifers (812#) from Torrington, Wyoming at $186.75
Green Again... In the country packers have bid steady and have bought a few cattle that way. Cattle feeders are priced higher, very aware that soon fed cattle numbers will be tight enough to shift the leverage their way (The Beef)
Boxed Beef PM: Choice: $247.06 (-0.98) Select: $219.22 (-2.69); Ch/Se Spread: $27.84; Total Loads: 169 compared to 99 on Tuesday
USDA estimates daily cattle slaughter at 128K head, compared to 127K last week and 121K last year. WTD slaughter at 383K head, compared to 380K last week and 363K last year (Wed)
CME LIVESTOCK: Live Cattle: $147.925 (+0.425); Feeder Cattle: $177.325 (+2.125); Hogs: $76.50 (+2.075); Milk: $21.70 (-0.10)
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