Direct Slaughter Cattle - Mexico, Missouri
JC_LS135 ..
Jefferson City, MO    Fri Nov 08, 2019  MO Dept of Ag-USDA Market News

Missouri Weekly Direct Slaughter Cattle (week end 11-08-2019)

Confirmed Sales:

  Week to date: 440      Last week: 240      Last Year: 520
( These prices acquired from Missouri producers )

     Trading from late last Friday through Friday morning of this week 
remains light with dressed grid sales trading from 182.00-185.00, with no 
grid sales to report from last week, but 4.00-7.00 higher than sales from  
two weeks ago.   Light trade on Thursday in the Northern Plains on 
dressed sales at 181.00-182.00.  Cash cattle trade in other areas remain 
mostly quiet.  Attractive boxed-beef values and large packer margins 
continue to help support higher fed cattle prices, also giving great 
incentives for packers to push capacity levels to take advantage of their 
margins.  This week�s kill is estimated to be between 650,000-655,000 
head.  Boxed-beef continue to surge higher as beef demand remains very 
good with beef being featured in retail ads consistently even as 
Thanksgiving approaches.  The demand for choice product continues to run 
high with the holidays fast approaching.  Choice boxed-beef closed 
Thursday 1.15 higher at 238.29 with Select 1.49 higher at 213.02 with a 
Choice-Select spread of 25.27, compared to last Friday�s close with 
Choice at 233.20 and Select at 207.51.  The hide and offal value from a 
typical slaughter steer on Thursday was estimated at 8.89 per cwt live up 
.04 cents 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 (Weight only)      
   Steers and Heifers: (80 percent Choice) No sales 

(Grid) Grade and Weight Carcass: (over 80 percent Choice)  8 loads 
Thursday 182.00-184.00; Friday morning 3 loads 185.00.   
Source:  MO Dept of Ag-USDA Market News Service, Perry, MO
         Greg Harrison, Market Reporter 573-751-5618
         24 hour recorded report 573-522-9244