National Slaughter Cattle Summary OK

KO_LS850  
Oklahoma City, OK   Fri Oct 05, 2012    USDA-OK Dept of Ag Market News 

   National Slaughter Cattle Summary - Week Ending October 05, 2012

   Compared to last week:  Slaughter cattle sold mostly 1.00 higher.
Dressed sales in Nebraska traded steady to 1.00 higher.  Packer demand
moderate as they hope to make purchases at no more than steady money.
Limited numbers of available cattle helping the feedyards to advance
asking prices.  
   Boxed beef prices Friday morning averaged 183.41 up .38 from
last Friday.  The Choice/Select spread is at 14.41. Slaughter cattle
on a national basis for negotiated cash trades through Friday morning
totaled about 94,653.  Last week's total head count was 74,206.

Midwest Direct Markets: 
Live Basis: Steers and Heifers 
   35-80 Percent Choice, 1200-1400 lbs  124.00
   Dressed Basis:  Steers and Heifers:  190.00-192.00, mostly 190.00

South Plains Direct Markets: 
Live Basis: Steers and Heifers 
   35-65 percent Choice, 1100-1400 lbs  124.00

Slaughter Cows and Bulls (Average Yielding Prices):
Slaughter cows and bulls mostly steady.
   USDA's Cutter cow carcass cut-out value Friday morning was 159.01
down 1.79 from last Friday.

Prices paid for average dressing:
           %Lean     Weight    Colorado     Oklahoma       Alabama  
Breakers   75-80%  1000-1550  73.50-77.00  71.50-74.00   73.00-78.00
Boners     80-85%  1000-1565  72.50-77.00  72.00-76.50   74.00-78.00
Lean       85-90%  1000-1685  68.00-72.00  71.50-74.75   66.00-71.00
Bulls      88-92%  1200-2445  91.00-94.00  91.00-95.50   91.00-95.00

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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