USDA Daily Livestock Summary - Jan. 2, 2008

Trading was extremely light today.

This is the Oklahoma National Stockyards auction report for today. The Advocate normally posts the Athens auction results today, but the report is not available this week.

The report from the Crockett auction will be posted Wednesday

OKLAHOMA NATIONAL STOCKYARDS Jan. 2, 2009 -- Midsession on Monday:
Estimated Receipts: 8500
Last Sale: 9472
Year Ago Monday: 11,605

Compared to last sale 12/15/08:
Feeder cattle 4.00-6.00 higher
Calves 5.00-10.00 higher.

Feeder Steers: Medium and Large 1: Lot 395 lbs 126.00; 425-500 lbs 104.00-112.00; 500-550 lbs 106.00-116.00; 550-600 lbs 100.00-109.25; 600-650 lbs 97.00-101.00, thin 103.50; 650-700 lbs 92.50-100.75; 700-750 lbs 92.50-98.85; 750-800 lbs 94.50-97.00; 800-850 lbs 93.25-96.25; 850-900 lbs 93.25-95.25; few 900-925 lbs 91.75-92.00.

Feeder Heifers: Medium and Large 1: 400-500 lbs 93.00-100.75, lot thin 103.00; 500-550 lbs 90.00-96.50; 550-600 lbs 88.50-96.00; 600-650 lbs 87.50-94.00; 650-700 lbs 87.50-91.50; 700-750 lbs 88.00-91.25; 750-800 lbs 86.25-91.00.

CME Future Closes for Feeder Cattle
Jan $97.00 + 1.40
Mar $96.72 + 1.20
Apr $97.45 + 1.30
May $99.00 + 1.15
Aug $100.55 + 1.25
Sep $100.90 + .65

HOGS
Direct Trade: The direct hog trade prices are based on 185 lbs hog carcass with 0.9-1.1 inch back fat and 6 inch square loin/2.0 inch depth plant delivered.

National direct trade barrows and gilts .43 higher at 40.00-55.55, weighted average price51.27.
Iowa-Minnesota .18 higher at 40.00-55.55, weighted average price 51.65.
Western Cornbelt .41 higher at 40.00-55.55, weighted average price 51.95 and
Eastern Cornbelt .80 higher at 40.00-53.38, weighted average price 50.10.

Live Basis (240-280 lbs): National direct trade barrows and gilts 1.27 lower
at 31.51-42.81, weighted average 38.40. Iowa-Minnesota 1.32 lower at 35.93-
40.50, weighted average 38.56. Western Cornbelt 1.20 lower at 32.04-40.50,
weighted average 38.62. Eastern Cornbelt 1.70 lower at 31.51-39.50, weighted
average 37.65.