KO_LS850  
Oklahoma City, OK   Fri Apr 13, 2018    USDA-OK Dept of Ag Market News 

   National Slaughter Cattle Summary - Week Ending Apr 13, 2018

   Slaughter cattle traded mostly 4.00-6.00 higher for live in Kansas and
Nebraska and 2.00-6.00 higher on dressed sales.  Few live trades in Texas
were mostly steady.  Boxed Beef prices as of Friday at afternoon averaged
206.26 down 3.70 from last Friday.  The Choice/Select spread is 12.70. 
Slaughter cattle on a national basis for negotiated cash trades through
Friday afternoon totaled 55,023 head.  Last week's total head count was
77,582.

   Midwest Direct Markets: 
Live Basis: Steers and Heifers:  120.00-122.00.
Dressed Basis:  Steers and Heifers:  190.00.

   South Plains Direct Markets: 
Live Basis: Steers and Heifers  117.00-118.00.

   Slaughter Cows and Bulls (Average Yielding Prices): 
Slaughter cows and bulls sold steady to 2.00 higher, with exception of
Colorado trading 1.00-2.00 lower.  Packer demand moderate to good.  
Cutter Cow Carcass Cut-Out Value on Friday 173.98.
 
         %Lean    Weight     Colorado         Oklahoma       Alabama  
Breakers 75-80%  1100-1600  65.00-68.50     65.00-68.00    52.00-57.00   
Boners   80-85%  1000-1450  65.00-69.00     65.00-69.00    55.00-60.00
Lean     85-90%  1000-1300  61.00-65.00     66.00-69.00    50.00-55.00
Bulls    88-92%  1300-2500  82.00-86.00     86.00-90.00    80.00-85.00

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