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Tuesday, January 06, 2009
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Oklahoma City, OK Fri Jan 02, 2009 USDA-OK Dept of Ag Market News
National Slaughter Cattle Summary - Week Ending January 2, 2009
Compared to last week: Fat cattle trades have yet to develop in Texas,
Kansas and Nebraska as cattle futures are sharply higher today. Boxed beef
prices have held steady thru the holiday period.
Boxed beef cut-out values Friday morning averaged 139.68 up .15 from
a week ago Wednesday. The choice/Select spread is currently at 7.23.
Slaughter cattle on a national basis for negotiated cash trades through
Friday morning totaled 9,432 head, these trades in Iowa and Southern
Minnesota. Last week's movement totaled 163,731.
Midwest Direct Markets:
Live Basis: Steers and Heifers
35-80 Percent Choice, 1200-1400 lbs not tested.
Dressed Basis: Steers and Heifers
35-80 percent Choice, 800-950 lbs not tested
High Plains Direct Markets:
Live Basis: Steers and Heifers
35-65 percent Choice, 900-1400 lbs not tested
Slaughter Cows and Bulls (Average Yielding Prices):
Markets in Oklahoma and Alabama remain closed for the holidays. Colorado
sales lightly tested but reported cows 2.00 higher than the previous week and
bulls not well tested.
USDA's Cutter cow carcass cut-out value Friday morning was 108.36 up
6.83 from a week ago Wednesday.
Prices paid for average dressing:
%Lean Weight Colorado Oklahoma Alabama
Breakers 75-80% 1000-1600 44.25-47.50 no sales no sales
Boners 80-85% 1000-1600 43.50-47.00
Lean 85-90% 1000-1400 40.00-43.50
Bulls 88-92% 1200-2300 no test
Source: USDA-Oklahoma Dept of Ag Market News, Oklahoma City, OK
Jerry Alexander Telephone (405) 232-5425.
www.ams.usda.gov/lsmarketnews
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