KO_LS850  
Oklahoma City, OK    Fri Nov 20, 2009    USDA-OK Dept of Ag Market News 

   National Slaughter Cattle Summary - Week Ending Nov 20, 2009

   Compared to last week:  Slaughter cattle sold mostly steady, 
except few trades in Texas 1.00 lower from last week.  Slaughter
rates improved some from last week but still lighter than a year
ago.  Boxed beef prices weakened, but on increased movement of loads.  
Boxed Beef prices averaged 135.58 down .22 from last Friday.  
The Choice/Select spread is now at 6.93.  Slaughter cattle on a 
national basis for negotiated cash trades through Friday morning 
totaled 129,181 head.  Last week's movement totaled 124,654 head.

Midwest Direct Markets: 
Live Basis: Steers and Heifers 
   35-80 Percent Choice, 1200-1400 lbs:  80.00-84.00
Dressed Basis:  Steers and Heifers:  130.00

High Plains Direct Markets: 
Live Basis: Steers and Heifers
   35-65 percent Choice, 1100-1400 lbs:  83.00-84.00

Slaughter Cows and Bulls (Average Yielding Prices):
Slaughter cows mixed with south eastern states steady to 1.00 lower.
Oklahoma recovered some of its losses and 2.00-3.00 higher while 
Northern states remained steady.
   USDA's Cutter cow carcass cut-out value Friday morning was 99.13 
down 2.19 from last Friday's close.

Prices paid for average dressing:
           %Lean     Weight     Colorado      Oklahoma      Alabama  
Breakers   75-80%  1000-1600    43.00-46.50   40.00-43.25   39.50-43.00
Boners     80-85%  1000-1600    42.50-45.50   39.00-42.50   39.00-42.50
Lean       85-90%  1000-1400    36.00-39.50      37.50      35.00-39.00
Bulls      88-92%  1200-2300    51.50-54.50   53.00-54.00   50.00-54.00

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