National Slaughter Cattle Summary OK

KO_LS850  
Oklahoma City, OK   Fri May 11, 2012    USDA-OK Dept of Ag Market News 

   National Slaughter Cattle Summary - Week Ending May 11, 2012

   Compared to last week:  Not enough trade to establish a market.
No live cattle sales reported at this time.    
   Boxed beef prices Friday morning averaged 185.99 down 2.21 from 
last Friday.  The Choice/Select spread is at 5.89. Slaughter cattle
on a national basis for negotiated cash trades through Friday morning
totaled about 10,435 head.  Last week's total head count was 24,132.

Midwest Direct Markets: 
Live Basis: Steers and Heifers 
   35-80 Percent Choice, 1200-1400 lbs  No trade.
   Dressed Basis:  Steers and Heifers:  Not enough trade for market.

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 Steady to 2.00 higher.  Slaughter bulls steady to
3.00 higher.
   USDA's Cutter cow carcass cut-out value Friday morning was 179.01 
up 1.80 from last Friday.

Prices paid for average dressing:
           %Lean     Weight     Colorado      Oklahoma      Alabama  
Breakers   75-80%  1000-1825   85.50-89.00   93.00-94.50   87.00-91.00
Boners     80-85%  1000-1565   85.00-88.00   93.00-96.00   87.00-92.00
Lean       85-90%  1000-1685   80.00-83.50   91.00-93.50   76.00-81.00
Bulls      88-92%  1200-2445      99.00     114.00-118.00 102.00-107.00

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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