National Slaughter Cattle Summary OK

KO_LS850  
Oklahoma City, OK   Fri May 4, 2012    USDA-OK Dept of Ag Market News 

   National Slaughter Cattle Summary - Week Ending May 4, 2012

   Compared to last week:  A few dressed cattle sold 1.00 higher
in Nebraska.  No live cattle sales reported at this time.
Slaughter rates continue light as feedyards try to hold out for
better prices.  
   Boxed beef prices Friday morning averaged 188.26 down .69 from 
last Friday.  The Choice/Select spread is at 3.90. Slaughter cattle
on a national basis for negotiated cash trades through Friday morning
totaled about 24,094 head.  Last week's total head count was 52,385.

Midwest Direct Markets: 
Live Basis: Steers and Heifers 
   35-80 Percent Choice, 1200-1400 lbs  No trade.
   Dressed Basis:  Steers and Heifers:  few 195.00.

South Plains Direct Markets: 
Live Basis: Steers and Heifers 
   35-65 percent Choice, 1100-1400 lbs  No trade.

Slaughter Cows and Bulls (Average Yielding Prices):
   Slaughter cows 1.00-2.00 higher.  Slaughter bulls 2.00-3.00 
higher.
   USDA's Cutter cow carcass cut-out value Friday morning was 177.03 
up .49 from last Friday.

Prices paid for average dressing:
           %Lean     Weight     Colorado      Oklahoma      Alabama  
Breakers   75-80%  1000-1825   86.50-90.00   95.00-96.50   85.00-90.00
Boners     80-85%  1000-1565   85.50-89.00   92.75-96.00   85.00-90.00
Lean       85-90%  1000-1685   82.00-85.50   92.50-96.00   75.00-80.00
Bulls      88-92%  1200-2445  102.00-111.00  110.00-114.00 102.00-107.00

Source: USDA-Oklahoma Dept of Ag Market News, Oklahoma City, OK
        Tina Colby            Telephone 405-232-5425
        www.ams.usda.gov/lsmarketnews

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