National Slaughter Cattle Summary OK

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KO_LS850  
Oklahoma City, OK   Fri Nov 29, 2013    USDA-OK Dept of Ag Market News 

   National Slaughter Cattle Summary - Week Ending Nov 29, 2013

   Compared to last week:  Slaughter cattle trade took place early
this week due to the Thanksgiving Day Holiday.  Kansas sold 2.00 higher,
while Nebraska traded 2.00-3.00 higher.  Texas chose to wait for more 
money and by mid-day Friday nothing had developed.  Beef prices moved
higher giving a positive hope to more money later in the week.
Boxed beef prices Friday morning averaged 196.63 up 4.12 from last 
Friday.  The Choice/Select spread is at 12.70.  Slaughter cattle on a
national basis for negotiated cash trades through Friday morning totaled
about 63,000 head.  Last week's total head count was 87,390

Midwest Direct Markets: 
Live Basis: Steers and Heifers 
   35-80 Percent Choice, 1200-1400 lbs:  133.00-134.00
   Dressed Basis:   Steers and Heifers:  209.00-210.00

South Plains Direct Markets: 
Live Basis: Steers and Heifers 
   35-65 percent Choice, 1100-1400 lbs:  132.00

Slaughter Cows and Bulls (Average Yielding Prices):
Slaughter cows and bulls lightly tested this holiday shortened week
and few sales steady.  
   USDA's Cutter cow carcass cut-out value Friday morning was 156.09
up .58 from last Friday.

Prices paid for average dressing:
          %Lean     Weight    Colorado      Oklahoma      Alabama  
Breakers 75-80%   1100-1600  81.00-85.00      -----      Closed for 
Boners   80-85%   1000-1450  80.00-84.00   84.00-88.00   the Thanks-
Lean     85-90%   1000-1300  74.50-77.00      79.00      giving Holiday
Bulls    88-92%   1300-2100  94.00-95.00   95.50-97.50

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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