How much are calves selling for in Oklahoma?

Steers

How do you calculate the value of a cow?

For example, say 300- to 500-pound steers are averaging $95 to $118. The price listed is for hundred weight. In other words, for every 100 pounds the steer weighs, you will receive up to $118.00. Thus, a 350-pound calf would bring $413.00 (3.5 X $118).

What does cattle rail price mean?

Rail or Live It provides incentives for producers to raise and market high yielding cattle. Producers are paid for exactly the amount and value of meat based on hot dressed weight and grade. Order Buyers may be commissioned by firms to buy large lots of cattle.

When was southern Oklahoma Livestock Auction built?

Originally built in 1984, Southern Oklahoma Livestock Auction in Ada, Oklahoma began as a new and modern facility that quickly became a regional center for cattle trade. The market was built from nothing into a booming market that at one time ranked 2nd in the state of Oklahoma in sales volume.

What information is collected at a live cattle auction?

Market information and data is collected throughout the course of the live auction, as the reporter will grade the cattle and record the pertinent information in the reporting tool. Information that the reporter must record for each lot includes the official USDA grade, weight, head count, and selling price.

What is the livestock Price Report?

This is a weekly auction report containing prices paid for livestock. All livestock included in this report are graded and reported according to official USDA live animal standards or guidelines.

How are livestock graded and reported?

All livestock included in this report are graded and reported according to official USDA live animal standards or guidelines. Reports are organized based on USDA’s LPGMN formatting guidelines and instructions, under the Voluntary Price Reporting authority of USDA’s Agricultural Marketing Service.