National Slaughter Cattle Summary - Week ending Feb. 10th
Wednesday, February 15, 2017 9:32 AM
Slaughter cattle mostly 1.00 lower. Packer demand remains good as beef trade held firm for the week. Feedyards continue to market cattle on a timely basis as cash prices remain ahead of the current futures contract. Boxed Beef prices as of Friday afternoon averaged 186.64 down 4.02 fromlast Friday. The Choice/Select spread is 1.98. Slaughter cattle on a national basis for negotiated cash trades through Friday afternoon totaled about 66,856 head. Last week’s total head count was 86,700 head.
SOURCE: USDA-Oklahoma Dept of Ag Market News, Oklahoma City, OK