National Slaughter Cattle Summary
KO_LS850  
Oklahoma City, OK   Fri Jun 08, 2018    USDA-OK Dept of Ag Market News 

   National Slaughter Cattle Summary - Week Ending Jun 08, 2018

   Slaughter cattle trades 4.00-5.00 higher on limited offerings.  
Not enough dressed trades this week in Nebraska for a market test.
Packer demand good.  
   Boxed Beef prices as of Friday afternoon averaged 214.70 down 1.47 
from last Friday.  The Choice/Select spread is 23.03.  Slaughter cattle 
on a national basis for negotiated cash trades through Friday afternoon 
totaled 22,239 head. Last week's total head count was 46,883.

   Midwest Direct Markets: 
Live Basis: Steers and Heifers:  few 114.00.
Dressed Basis:  Steers and Heifers:  N/A.                        

   South Plains Direct Markets: 
Live Basis: Steers and Heifers  few 115.00.

   Slaughter Cows and Bulls (Average Yielding Prices): 
Slaughter cows and bulls sold steady to 2.00 higher, with exception 
of Northern cattle 2.00-3.00 lower.  Packer demand moderate to good. 
Cutter Cow Carcass Cut-out Value on Friday afternoon was 175.36 down
1.79 from last Friday.
 
         %Lean    Weight     Montana          Oklahoma       Alabama  
Breakers 75-80%  1100-1600     68.50        56.00-60.00    54.00-58.00
Boners   80-85%  1000-1450  63.50-68.50     57.00-61.00    57.00-62.00
Lean     85-90%  1000-1300  61.00-67.00     55.00-59.00    48.00-53.00
Bulls    88-92%  1300-2500  88.00-93.00     83.00-88.00    80.00-85.00

Source: USDA-Oklahoma Dept of Ag Market News, Oklahoma City, OK
        Tina Colby, Market Reporter     Telephone 405-232-5425
        www.ams.usda.gov/lsmarkenews