Plains Edition USDA Information 1-28-12 | TheFencePost.com

Plains Edition USDA Information 1-28-12

NEBRASKA CROPS/WEATHER SUMMARY

The crops and weather reports will be issued once a month until early spring when weekly reports wil resume. The next report will appear in the February 4, 2012, issue.

National Slaughter Cattle Summary

Week Ending January 20, 2012

Trading was moderate in all major feeding regions on Friday morning. Slaughter cattle trading 2.00-3.00 higher for the week at 125.00-126.00. Beef prices continue to slip again this week thus posting declines for the third straight week. Boxed beef prices Friday morning averaged 178.38 down 1.55 from last Friday. The Choice/Select spread is at 6.14. Slaughter cattle on a national basis for negotiated cash trades through Friday morning totaled about 102,067. Last week’s total head count was 150,377.

Midwest Direct Markets:

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Live Basis: Steers and Heifers 35-80 Percent Choice

1200-1400 lbs: few 119.00-120.00

Dressed Basis: Steers and Heifers: Not established

South Plains Direct Markets:

Live Basis: Steers and Heifers 35-65 percent Choice

1100-1400 lbs: Not established

Slaughter Cows and Bulls (Average Yielding Prices):

Slaughter cows steady to 3.00 higher. Slaughter bulls steady to 2.00 higher. USDA’s Cutter cow carcass cut-out value Friday morning was 159.71 up .24 from last Friday.

Prices paid for average dressing:

%Lean Weight Colorado Oklahoma

Breakers 75-80% 1000-1600 73.50-78.50 74.00-79.50

Boners 80-85% 1000-1600 73.00-77.00 74.00-79.00

Lean 85-90% 1000-1400 67.50-72.00 66.00-71.00

Bulls 88-92% 1200-2300 83.00-88.00 91.00-94.00

Omaha afternoon wheat, corn, oats & soybeans

Monday, January 25, 2012

Omaha-Council Bluffs Grain: Prices bid or paid per bushel, except grain Sorghum per CWT., at rural Nebraska elevators as of 2:00 P.M. Wednesday, January 25, 2012.

US No. 1 Hard Red Winter Wheat 6.07-6.75

US No. 2 Yellow Corn 6.05-6.30

US No 1 Yellow Soybeans 11.06-11.81

November 2011 Monthly Prices:

Low High Average

US No. 1 Winter Wheat 6.75 6.07 6.44

US No. 2 Yellow Corn 6.05 6.30 6.15

US No. 1 Yellow Soybeans 11.06 11.81 11.42