National Slaughter Cattle Summary
Oklahoma City, OK   Fri May 25, 2018    USDA-OK Dept of Ag Market News 

   National Slaughter Cattle Summary - Week Ending Apr 25, 2018

   Slaughter cattle trades not well established in Texas and Kansas.
Few live trades in Nebraska sold 3.00-4.50 lower with dress sales 4.00-
5.00 lower.  Cattle futures traded mostly in the green following a week 
of downhill slides.  Packer demand continues good as slaughter rates for 
the week coming in just short of 650,000.  Many will be focusing on beef 
sales this holiday weekend.  Boxed beef prices also on the decline for 
the week.  
   Boxed Beef prices as of Friday afternoon averaged 216.03 down 4.31 
from last Friday.  The Choice/Select spread is 22.81.  Slaughter cattle 
on a national basis for negotiated cash trades through Friday afternoon 
totaled 31,350 head. Last week's total head count was 107,542.

   Midwest Direct Markets: 
Live Basis: Steers and Heifers:  few 109.00-111.50.
Dressed Basis:  Steers and Heifers:  176.00-180.00, few to 182.00

   South Plains Direct Markets: 
Live Basis: Steers and Heifers  few 109.00-110.00

   Slaughter Cows and Bulls (Average Yielding Prices): 
Slaughter cows and bulls mostly steady to 2.00 higher, except the 
Southeast steady to 1.00 lower.  Packer demand moderate and improved
some from the past few weeks.  Cutter Cow Carcass Cut-out Value
on Friday afternoon was 175.86 up .88 from last Friday.
         %Lean    Weight     Montana          Oklahoma       Alabama  
Breakers 75-80%  1100-1600  68.00-70.75     56.00-60.00    52.00-55.00
Boners   80-85%  1000-1450  64.00-71.00     57.00-60.00    51.00-56.00
Lean     85-90%  1000-1300  62.00-69.00     56.00-59.00    48.00-53.00
Bulls    88-92%  1300-2500  78.50-86.00     81.00-86.00    74.00-79.00

Source: USDA-Oklahoma Dept of Ag Market News, Oklahoma City, OK
        Tina Colby, Market Reporter     Telephone 405-232-5425