Missouri Weekly Direct Slaughter Report

Jefferson City, MO   Friday April 16, 2021   MO Dept of Ag-USDA Market News

 

Missouri Weekly Direct Slaughter Cattle  

 

 

  Week to date: 480     Last week: 240      Last Year: 160

 

 These prices acquired from Missouri producers )

 

     Trading as of this Friday morning April 16, remains light with Flat

dressed sales steady to 1.00 higher at 196.00, Grid dressed sales at

198.00.  CME Live Cattle futures have been under pressure for six

consecutive days as cash trade in the Southern Plains has been mostly at

120.00-121.00 with trade in the North ranging from 123.00-126.00.  Boxed-

beef values seemed to be getting top heavy, but found good support on

Thursday closing with solid gains as beef demand is expected to stay on

solid footing with food service industry ramping up.  Daily Livestock

Slaughter under Federal Inspection on Thursday for cattle week to date

was at 457,000, compared to 464,000 last Thursday and 365,000 last year. 

Choice boxed-beef prices on Thursday closed 3.71 higher at 276.67 with

Select 1.12 higher at 268.43 with a Choice-Select spread of 8.19 compared

to last Friday’s close with Choice at 272.17 and Select at 264.07.  The

hide and offal value from a typical slaughter steer on Thursday was

estimated at 10.97 per cwt live, unchanged when compared to Wednesday’s

value. 

 

 

Live Sales:

Slaughter steers and heifers: (over 90 percent Choice)         

 

(Note: Weighing conditions some plant delivered weights and some net

 weights FOB feedlot after a 4 percent shrink.

 

Dressed Carcass Sales: (Paid on Hot Carcass Weights) Delivered or Picked

up        

 

   Steers and Heifers (80 percent Choice)  3 loads Thursday 196.00.

 

 

  (Grid Sales)  Grade and Weight Carcass (over 80 percent Choice)  9

Loads Thursday 198.00.

 

(

Source:  MO Dept of Ag-USDA Market News Service, Perry, MO

         Greg Harrison, Market Reporter