Missouri Weekly Direct Slaughter Report

Jefferson City, MO- Friday  October 04, 2024   MO Dept of Ag-USDA Market

News

Missouri Weekly Direct Slaughter Cattle   

Week to date:  240         Last Week: 560           Last Year 320

These prices acquired from Missouri producers, Trading as of this Friday

morning October 04, Flat dressed sales are 2.00-4.00 higher at 296.00 and

dressed grid sales are inactive as producers are waiting for higher bids.

So far this Friday morning trade volume on negotiated sales has been very

light with only a few light sales reported but at higher money as the

bulk of the trade waits to develop on Friday.  Cattle futures had a good

two day run up of near 400 points before Thursday’s sell-off. Boxed-beef

values remain hovering around the 300.00 dollar mark for Choice as we

enter the time of year when beef demand is seasonally lower, as roast

becomes more popular in adds.  Choice boxed-beef on Thursday closed .01

cent lower at 299.80 with Select .64 cents lower at 283.29 with the

Choice-Select spread widening to 16.51 compared to last Friday’s close

with Choice at 296.69 and Select at 282.08.  Slaughter Cattle under

Federal inspection on Thursday was at 491,000, last week 487,000 and last

year 499,000.  The hide and offal value from a typical slaughter steer on

Thursday was estimated at 11.30 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)  load late last Friday after

3:00 PM 294.00 Flat; 5 loads Friday noon 296.00 Flat.

  Grid Dressed Sales:  (over 80 percent Choice)  No Sales

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

        Greg Harrison, Market Reporter