National Slaughter Cattle Summary Week ending Nov. 12th
Wednesday, November 16, 2016 9:39 AM
Due to the Veterans Day Holiday this report is being issued early. Thru Thursday slaughter cattle trade has yet to develop. Limited trade on a live basis sold 1.00-4.00 lower. Dressed trade not yet established at the time of this report.
Boxed Beef prices as of Thursday afternoon averaged 177.13 down 3.74 from last Friday. The Choice/Select spread is 16.92. Slaughter cattle on a national basis for negotiated cash trades through Thursday afternoon totaled about 20,100 head. Last week’s total head count was 90,419 head.
Source: USDA-Okla. Dept. of Ag Market News, Oklahoma City, Okla.