Tuesday, August 30, 2016 - Packer Day

After last week's continued weakness in the live cattle futures and a slightly negative cattle on feed report, slaughter steers & heifers sold sharply lower compared to last week.  Top today was 114.00 compared to 119.00 a week ago!
Cull cows also traded 3.00-4.00 lower and bulls were lower as well by 2.00-4.00.



Slaughter Steers 118 head    
Choice 2-4 108.00-111.50    
  High Yielding 112.25-114.00    
  Low Yielding 104.00-107.75    
Mixed Select/Choice 2-3 103.50-107.50    
  Select 1-2  103.75/down    
Few selects returning      
    to farm 900--1100# 106.00-124.00    
       
Slaughter Heifers 54 head    
Choice 2-4 107.50-110.75    
  High Yielding  -    
  Low Yielding 102.00-107.25    
Mixed Select/Choice 2-3 103.50-107.00    
Select 1-2 104.75/down  
 Few hfretts - 90.00-105.00    
       
       
Slaughter Cows -  50 head High yield Avg. Yield Low Yield
Premium White 91.00-97.00 85.00  
Breakers-1300-1800# - 75.50-78.00 73.50/down
Boners 1200-1600# 78.00-84.50 74.50-77.00 73.50/down
Lean 1000-1400# 74.50-77.00 68.00-72.00 63.50/down
       
Slaughter Bulls - High yield Avg. Yield Low Yield
18 head 100.00-100.50 95.00-98.50 95.50/down
Fancy butcher bull Y61 1420# @ 102.00