The national slaughter cattle summary for the week ending Feb. 11 confirmed 307,600 head, compared with 417,900 head last week and 319,650 head last year, according to the USDA Market News Service, Oklahoma City, OK.

Trade was mostly at a standstill, with Northern markets showing the only action, at steady money. Texas and Kansas traded cattle last Friday, Feb. 11, $1 higher from Thursday's close. Showlists will fall short this week, unless cattle are traded Feb. 11. Packers moved bids to $69 per cwt. Thursday, Feb. 10, but met strong resistance from bullish feeders. Feedlots remain current on slaughter ready cattle. Cattle futures traded mostly on the negative side this week. Many analyst believe there are plenty of slaughter ready cattle on hand and they question whether the consumers demand for beef will hold up. Boxed beef prices held their own this week, as retail demand remains strong. USDA's boxed beef closed the week averaging $110.86 per cwt., up 54 cents from last week.

Midwest direct markets: Steers, Select and Choice, 2 to 3, 1100 to 1350 lbs., 68.00 to 69.25. Heifers, Select and Choice, 2 to 3, 1050 to 1300 lbs., 68.00 to 69.25. Dressed basis, steers and heifers, Select and Choice, 2 to 3, 1100 to 1350 lbs., 108.00 to 109.00.

High Plains direct markets: Steers, Select and Choice, 2 to 3, 1100 to 1350 lbs., 70.00 (Feb. 11). Heifers, Select and Choice, 2 to 3, 1000 to 1250 lbs., 70.00 (Feb. 11).

Idaho, Washington, Oregon and Montana: Steers and heifers, dressed basis, Select and Choice, 2 to 3, 109.00 to 111.00.

Slaughter cows and bulls were steady to $3 lower, with the least decline at Northern markets not effected by last week's winter storm. Weather warmed up and many cows returned to markets this week. The USDA's Cutter cow cut-out value was down $4.68 for the week to $83.52 per cwt.

Slaughter cows: Breakers, 75 to 80% lean, 1000 to 1600 lbs., 38.50 to 41.50 Colorado; 37.50 to 40.00 Oklahoma; 36.00 to 39.00 Alabama. Boners, 80 to 85% lean, 900 to 1500 lbs., 38.50 to 41.50 Colorado; 37.00 to 40.00 Oklahoma; 37.50 to 40.50 Alabama. Lean, 85 to 90, 850 to 1300 lbs., 35.00 to 38.50 Colorado; 36.00 to 39.00 Oklahoma; 33.00 to 36.00, Alabama.

Slaughter bulls: Lean, 88 to 92%, 1500 to 2200 lbs., 45.00 to 47.00 Colorado; 46.50 to 49.50 Oklahoma; 46.00 to 49.50 Alabama.

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