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