Jefferson City, MO- Friday November 15, 2024 MO Dept of Ag-USDA Market
News
Missouri Weekly Direct Slaughter Cattle
Week to date: 360 Last Week: 400 Last Year 280
These prices acquired from Missouri producers, Trading as of this Friday
morning November 15, Flat dressed sales are 4.00-6.00 lower at 288.00-
290.00, with grid dressed sales at 296.00 with no recent test. Trade
volume this week so far has been on the light side but mostly 2.00 lower
at 185.00. Estimated weekly slaughter looks to again to be near 600,000-
610,000 for the week. For the week of Nov 02, Steer carcass weights
increased 1 lb from prior week to 958 lbs, 31 lbs heavier than a year
ago. Cattle carcass weights continue to play heavy on beef tonnage and
also help to pressure boxed-beef cut-out values lower. Boxed-beef values
continue to decline with Choice closing 3.14 lower on Thursday at 303.80
and Select closing 2.00 lower at 276.66 with the Choice-Select spread at
27.14 compared to last Friday’s close with Choice at 307.93 and Select at
279.19. With Thanksgiving around the corner boxed-beef prices will be
under pressure. Slaughter Cattle under Federal inspection on Thursday
was at 483,000, last week 494,000 and last year 498,000. The hide and
offal value from a typical slaughter steer on Thursday was estimated at
11.22 per cwt live, up .03 cents 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) 3 loads Flat Wednesday 288.00,
4 loads Flat Thursday 290.00.
Grid Dressed Sales: (over 80 percent Choice) 1 load 296.00
Source: MO Dept of Ag-USDA Market News Service, Perry, MO
Greg Harrison, Market Reporter