National Slaughter Cattle Summary OK

KO_LS850  
Oklahoma City, OK   Fri Apr 6, 2012    USDA-OK Dept of Ag Market News 

   National Slaughter Cattle Summary - Week Ending April 6, 2012

   Compared to last week:  Slaughter cattle sold 3.00-4.00 lower, dressed
sales in Nebraska 8.00-9.00 lower.  Boxed beef prices declining despite
the lighter slaughter rates.  
   Boxed beef prices Friday morning averaged 176.20 down 7.28 from 
last Friday.  The Choice/Select spread is at 2.44. Slaughter cattle
on a national basis for negotiated cash  trades through Friday morning
totaled about 83,471 head.  Last week's total head count was 119,113.

Midwest Direct Markets: 
Live Basis: Steers and Heifers 
   35-80 Percent Choice, 1200-1400 lbs  122.00-123.00
   Dressed Basis:  Steers and Heifers:  193.00-194.00

South Plains Direct Markets: 
Live Basis: Steers and Heifers 
   35-65 percent Choice, 1100-1400 lbs  122.00, few 121.00

Slaughter Cows and Bulls (Average Yielding Prices):
   Slaughter cows and bulls mostly steady t 2.00 higher.  
USDA's Cutter cow carcass cut-out value Friday morning was 171.39 up 
2.16 from last Friday.

Prices paid for average dressing:
           %Lean     Weight     Colorado      Oklahoma      Alabama  
Breakers   75-80%  1000-1825   84.50-89.00   84.00-89.50   83.00-89.00
Boners     80-85%  1000-1565   83.50-88.00   85.00-88.00   85.00-89.00
Lean       85-90%  1000-1685   80.00-85.50   83.50-88.50   75.50-80.00
Bulls      88-92%  1200-2445   97.00-104.50 101.00-106.00 103.50-106.50

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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