USDA Information for 12-31-11 | TheFencePost.com

USDA Information for 12-31-11

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 January 7, 2012, issue.

National Slaughter Cattle Summary

Week Ending December 23, 2011

Slaughter cattle trade not established in Southern Plains as of 12:00 on Friday. Nebraska live sales 6.00 to 7.00 higher, with the bulk of the dressed sales 8.00 higher. Packer demand moderate to good. Boxed beef prices Friday morning averaged 184.35 up 3.10 from last Friday. The Choice/Select spread is at 15.87. Slaughter cattle on a national basis for negotiated cash trades through Friday morning totaled 84,237. Last week’s total head count was 123,969.

Midwest Direct Markets:

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Live Basis: Steers and Heifers 35-80 Percent Choice

1200-1400 lbs: 125.00-126.00

Dressed Basis: Steers and Heifers: 200.00-204.00

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):

Limit sales and receipts this week had slaughter cows 2.00-5.00 lower and slaughter bulls steady to 3.00 lower. Many auctions closed for the holiday’s. USDA’s Cutter cow carcass cut-out value Friday morning was 153.41 up 1.00 from last Friday.

Prices paid for average dressing:

%Lean Weight Colorado Oklahoma

Breakers 75-80% 1000-1600 72.00-75.50 74.00-76.50

Boners 80-85% 1000-1600 71.50-75.00 75.00

Lean 85-90% 1000-1400 65.00-68.50 66.00-70.50

Bulls 88-92% 1200-2300 81.00-84.00 84.00-86.00

Omaha afternoon wheat, corn, oats & soybeans

Monday, December 28, 2011

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. today.

US No. 1 Hard Red Winter Wheat 6.09-6.77 3 HR

US No. 2 Yellow Corn 6.11-6.36 9-13 HR

US No 1 Yellow Soybeans 11.01-11.83 2-4 LR

November 2011 Monthly Prices:

Low High Average

US No. 1 Winter Wheat 6.09 6.77 6.46

US No. 2 Yellow Corn 6.11 6.36 6.21

US No. 1 Yellow Soybeans 11.01 11.83 11.36