Missouri Weekly Direct Slaughter Report

Jefferson City, MO- Friday  March 17, 2023   MO Dept of Ag-USDA Market



Missouri Weekly Direct Slaughter Cattle  



Week to date: 480        Last week  520        Last Year: 460


 These prices acquired from Missouri producers )


     Trading as of this Friday morning March 17, trade is light to

moderate this week with Flat dressed sales are 2.00 lower at 263.00. 

Grid dressed sales are 4.00 lower at 270.00.  Negotiated cash fed cattle

trade this week took place on Wednesday, which signaled a lower market as

trade was mostly 1.00 lower at 164.00 with a few traded at 163.00. 

Dressed sales are mostly a 1.00 lower with the bulk of the trade at

264.00with a few reported at 263.00.  Selling pressure came into the

market as financial market turmoil this week had a negative impact on the

fed cattle trade pressuring cattle futures.  Last week’s slaughter was

634,000, down 3,000 from last year.  Boxed-beef values have slowed some

this week as it looks that boxed-beef values appear to have topped for a

while but still at record March prices. Thursday Choice boxed-beef closed

.32 cents lower at 283.95 and Select closed .87 cents lower at 271.76

with a Choice-Select spread widening to 12.19, compared to last Friday’s

close with Choice at 284.91 and Select at 271.54.  Slaughter Cattle under

Federal Inspection on Thursday was at 501,000, last week 502,000 and last

year 493,000.  The hide and offal value from a typical slaughter steer on

Thursday was estimated at 12.97 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



   Steers and Heifers (80 percent Choice)  4 loads Thursday Flat 263.00,



  (Grid Sales)  Grade and Weight Carcass (over 90 percent Choice) 8 loads

Thursday 270.00



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

         Greg Harrison, Market Reporter