KO_LS850 Oklahoma City, OK Fri May 17, 2013 USDA-OK Dept of Ag Market News National Slaughter Cattle Summary - Week Ending May 17, 2013 Compared to last week: Slaughter cattle sold steady to 1.00 lower. Dressed sales in Nebraska sold mostly 2.00-4.00 lower. Cattle futures steadily declined this week. Boxed beef prices Friday noon averaged 200.74 up 2.65 from last Friday. The Choice/Select spread is at 16.44. Slaughter cattle on a national basis for negotiated cash trades through Friday noon totaled about 12,500 head. Last week's total head count was 79,038. Midwest Direct Markets: Live Basis: Steers and Heifers 35-80 Percent Choice, 1200-1400 lbs: 124.00-126.00 Dressed Basis: Steers and Heifers: 200.00 South Plains Direct Markets: Live Basis: Steers and Heifers 35-65 percent Choice, 1100-1400 lbs: 124.50-125.00 Slaughter Cows and Bulls (Average Yielding Prices): Slaughter cows sold steady to 2.00 higher. Slaughter bulls sold mostly steady. USDA's Cutter cow carcass cut-out value Friday morning was 160.37 up .17 from last Friday. Prices paid for average dressing: %Lean Weight Colorado Oklahoma Alabama Breakers 75-80% 1200-1450 76.50-80.00 80.50 81.00-83.00 Boners 80-85% 1050-1250 76.00-81.00 81.00-87.00 77.50-81.00 Lean 85-90% 950-1200 73.00-77.00 75.00-81.50 72.50-76.50 Bulls 88-92% 1500-2035 94.50-97.00 100.00 ----- Source: USDA-Oklahoma Dept of Ag Market News, Oklahoma City, OK Tina Colby Telephone 405-232-5425 www.ams.usda.gov/lsmarketnews