Last Updated 2/15/2019 | View 226 Archived Reports
Jefferson City, MO Fri Feb 15, 2019 MO Dept of Ag-USDA Market News
Missouri Weekly Direct Slaughter Cattle (week end 02-15-2019)
Week to date: 560 Last week: 0 Last Year: 80
( These prices acquired from Missouri producers )
Trading from late last Friday through Friday morning remains light
to inactive as producers are waiting for higher bids at this time. Flat
dressed sales on Wednesday were mostly 2.00 higher than last week with
Grid dressed sales steady with last week at 203.00. Packers for the most
part continue to play it calm on the waiting game as it looks like
another late week trade for the fed cattle market. CME live cattle
futures for the most part have been lower this week with all the delivery
pressure this week. Live cattle deliveries this week have been active
against the February live cattle contract. Packers seem to be dug in not
wanting to pay any more than steady money with last week. Cash trade so
far this week has been limited to small northern trade with asking prices
at or above 126.00. Even though it?s still February usually a slow beef
month boxed-beef values continue to hold in the mid of a long cold
winter. Choice boxed-beef closed Thursday .37 cents lower at 216.07 with
Select down 1.60 at 210.41 compared to last Friday?s close with Choice at
215.35 and Select at 211.17. The hide and offal value from a typical
slaughter steer on Thursday was estimated at 9.02 per cwt live, unchanged
when compared to Wednesday?s value.
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 (Weight only)
Steers and Heifers: (80 percent Choice) late last Friday 4 loads Flat
198.00, 1 load Flat 202.00; 2 Loads Wednesday Flat 200.00.
(Grid) Grade and Weight Carcass: (over 80 percent Choice) Late last
Friday 3 loads 203.00; 4 Loads Friday morning 203.00.
Source: MO Dept of Ag-USDA Market News Service, Mexico, MO
Greg Harrison, Market Reporter 573-751-5618
24 hour recorded report 573-522-9244