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
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
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