Jefferson City, MO- Friday December 02, 2022 MO Dept of Ag-USDA Market
News
Missouri Weekly Direct Slaughter Cattle
Week to date: 440 Last week 320 Last Year: 400
These prices acquired from Missouri producers )
Trading as of this Friday morning December 02, trade is light to
moderate with Flat dressed sales 1.00 higher at 245.00 and Grid Dressed
sales are trading steady at 255.00. Packer’s hopes of buying fed cattle
cheaper didn’t happen as fed cattle trade was steady in the Southern
Plains at 155.00 as of this Friday morning with the Northern Plians
having light trade at 157.00-159.00 steady to 1.00 higher and dressed
sales 4.00 higher at 249.00. Smaller show list in the steadily declining
supply chain will help keep leverage and bargaining strength to the
producers. Last week’s Thanksgiving week slaughter was the largest since
2006, as it was revised upward to 596,000. Slaughter volumes have
continued to exceed last year’s pace for near the last two months with a
lot of help from the cow slaughter. Large kills are also keeping boxed-
beef values under pressure with the large slaughter volumes and with
carcass weights record heavy with last week’s at 931 lbs. Choice Boxed-
beef prices on Thursday closed 1.31 lower at 253.57 and Select closed .01
cent lower at 225.00 with a Choice-Select spread widening to 28.57
compared to last Friday’s close with Choice at 251.83 and Select at
234.37 Slaughter Cattle under Federal Inspection on Thursday was at
512,000, last week 388,000 and last year 493,000. The hide and offal
value from a typical slaughter steer on Thursday was estimated at 14.72
per cwt live, down .01 cent 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) 6 loads Thursday 245.00 Flat
(Grid Sales) Grade and Weight Carcass (over 90 percent Choice) 5 loads
Thursday 255.00
Source: MO Dept of Ag-USDA Market News Service, Perry, MO
Greg Harrison, Market Reporter