Jefferson City, MO- Friday December 20, 2024 MO Dept of Ag-USDA Market News
Missouri Weekly Direct Slaughter Cattle
Week to date: 480 Last Week: 320 Last Year 360
These prices acquired from Missouri producers, Trading as of this Friday
morning December 20, Flat dressed sales are trading 3.00 higher at
305.00, with grid dressed sales trading steady at 315.00. Feedlot trade
this week, packers have so far this week been unsuccessful purchasing
very many cattle at steady money. Cattle feeders in the South are trying
to get parity with the North after last week’s price spreads but so far
very few cattle in the north have been purchased as most feeders at this
time are passing 195.00 bids. Estimated weekly slaughter is between
620,000-625,000 head. Choice boxed beef on Thursday climbed sharply
higher going into Christmas and closed 5.85 higher at 320.66 with Select
closing 1.44 lower at 284.11 with the Choice-Select spread widening to
36.58 compared to last Friday’s close with Choice at 316.39 and Select at
283.86. Slaughter Cattle under Federal inspection on Thursday was at
485,000, last week 489,000 and last year 495,000. The hide and offal
value from a typical slaughter steer on Thursday was estimated at 11.37
per cwt live, unchanged when compared to Wednesday’s value.
Live Sales:
Slaughter steers and heifers: (over 90 percent Choice) no sales
(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) 7 loads Flat Wednesday and
Thursday at 305.00.
Grid Dressed Sales: (over 80 percent Choice) 5 loads Thursday 315.00
Source: MO Dept of Ag-USDA Market News Service, Perry, MO
Greg Harrison, Market Reporter