Missouri Weekly Direct Slaughter Report

Jefferson City, MO- Friday  Sept 22, 2023   MO Dept of Ag-USDA Market

News

 

Missouri Weekly Direct Slaughter Cattle  

 

 

Week to date:  320        Last week 200            Last Year: 280

 

 These prices acquired from Missouri producers )

 

     Trading as of this Friday morning September 22, trade is light to

moderate this week with Flat Dress sales are 1.00 higher at 293.00, Live

sales are not tested at 184.00 and Grid dressed sales are 2.00 higher

than the previous week’s bid at 298.00.  Fed cattle trade so far this

week has been light with a few sales in the North mostly steady at

184.00-185.00, and dressed sales steady at 292.00, with a few at 293.00. 

South Plains are steady to 1.00 higher at 183.00.  Packers are again

slowing and paring down slaughter levels this week in response to lower

boxed-beef prices as slaughter this week is estimated at 620,000.  Boxed-

beef values continue to struggle as demand needs to improve especially

during the 4th quarter as Choice product is at summer time lows and could

fall below the 300.00 mark on Choice product.  On Thursday Choice closed

.67 cents higher at 301.93 and Select .32 cents higher at 279.00 with a

Choice-Select widening to 22.93, compared to last Friday’s close with

Choice at 305.71 and Select at 283.12.  Slaughter Cattle under Federal

Inspection on Thursday was at 498,000, last week 502,000 and last year

511,000.  The hide and offal value from a typical slaughter steer on

Thursday was estimated at 13.69 per cwt live, unchanged when compared to

Wednesday’s value. 

 

 

Live Sales:

Slaughter steers and heifers: (over 90 percent Choice)  2 loads Thursday

184.00 FOB

 

 

(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 293.00 Flat

 

 

 (Grid Sales)  Grade and Weight Carcass (over 90 percent Choice)  3 loads

late last Friday 298.00. 

 

 

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

         Greg Harrison, Market Reporter