Missouri Weekly Direct Slaughter Report

Jefferson City, MO- Friday  June 24, 2022  MO Dept of Ag-USDA Market

News

 

Missouri Weekly Direct Slaughter Cattle  

 

 

Week to date:  280     Last week 320     Last Year:  360

 

 These prices acquired from Missouri producers )

 

     Trading as of this Friday morning June 24, trade is light to

moderate with Flat dressed sales mostly steady at 231.00 and Grid Dressed

2.00 higher at 240.00.  Feedlot trade is seeing wide price spreads

between the North and the South creating large regional spreads;

for the most part this week in the Southern Plains traded mostly as of

Friday morning at 137.00 in Texas and Northern Plains ranging from

145.00-150.00.  Dressed sales have ranged mostly from 234.00-238.00. 

Boxed beef cut-out values are heading lower on seasonal decline and out

front sales slowing especially after the 4th of July.  Consumers are

finding limited number of dollars left to spend will cause buying needs

to change, especially in the beef and protein market as consumers will

shift to lower priced items, will be significant drivers in the beef

movement.  Choice Boxed-beef prices on Thursday closed 1.91 lower at 

264.66 and Select 1.05 lower at 244.94 with a Choice-Select spread

narrowing to 19.72 compared to last Thursday’s close with Choice at

267.16 and Select at 245.38.  Slaughter Cattle under Federal Inspection

on Thursday was at 498,000, last week 495,000 and last year 473,000.  The

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

estimated at 13.79 per cwt live, .02 cents lower 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)  Three loads Flat 231.00

 

  (Grid Sales)  Grade and Weight Carcass (over 90 percent Choice)  4

Loads Thursday 240.00 

 

 

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

         Greg Harrison, Market Reporter