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

Missouri Weekly Direct Slaughter Cattle (week end 02-08-2019)

Confirmed Sales:

  Week to date: 0      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. 
Packers remain in no hurry playing the waiting game as it looks like 
another late week trade for the fed cattle market.  Feedlots are getting 
fairly current on market ready cattle especially in the Northern Plains 
and with the continuing cold weather in the Northern Plains could give 
the market some support. Market seems content at this time to trade in a 
very narrow trading range since the first of January mostly from 122.00-
125.00.  Boxed-beef values continue to hold together despite overall 
weather has not been good for restaurant traffic from the Midwest to the 
East Coast.  Thursday Choice boxed-beef closed .86 cents lower at 216.17 
with Select .84 cents lower at 211.53 compared to last Friday�s close 
with Choice at 214.26 and Select at 213.15.  The hide and offal value 
from a typical slaughter steer on Thursday was estimated at 9.01 per cwt 
live, unchanged 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) No Sales    
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

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