Direct Slaughter Cattle - Mexico, Missouri
USDA - Fri Dec 07, 11:16AM CST
Jefferson City, MO    Fri Dec 07, 2018    MO Dept of Ag-USDA Market News

Missouri Weekly Direct Slaughter Cattle (week end 12-07-2018)

Confirmed Sales:

  Week to date: 520        Last week: 0        Last Year: 240
( These prices acquired from Missouri producers )

     Trading from late last Friday through Friday morning remains light, 
with grid and flat prices firm to higher with no comparisons from last 
week.  Very muddy feeding conditions in the area and the extra feed 
have producers wanting to unload cattle as soon as possible.  Few early 
week sales are steady with last week with a few trades between 117.00-
118.00 with the Feed Cattle Exchange selling a couple pens on Wednesday 
at 117.75 and 118.00.  Cattle futures continue to track for the most part 
sideways and shaking off any good news.  It seems traders are focusing on 
market demand for the New Year with economic concerns and overall 
economic market directions as the Stock Market continues on a volatile 
roller-coaster ride.  Slaughter is expected to be near 640K-645K for the 
week as packers will push to have one last large kill before Christmas 
and New Years.  Boxed-beef cut-out values continue to hold together for 
the most part but are starting to feel some pressure.  Choice boxed-beef 
on Thursday closed .59 cents lower at 212.67 with Select 1.36 higher at 
198.22 compared to last Friday�s close with Choice at 212.61 and select 
at 198.41.  The hide and offal value from a typical slaughter steer on 
Thursday was estimated at 9.03 per cwt live, unchanged when compared to 
Wednesday�s value.   

Live Sales: 
Slaughter steers and heifers: (over 80 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)  4 Loads Tuesday morning Flat 

(Grid) Grade and Weight Carcass: (over 80 percent Choice)  3 loads 
Tuesday morning 185.00; 6 Loads Thursday afternoon 188.00.     

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