Jefferson City, MO  Friday, March 28, 2025  MO Dept of Ag-USDA Market News

Missouri Weekly Direct Slaughter Cattle

Week: 320             Last Week: 480          Last Year 280

These prices acquired from Missouri producers, Trading as of this Friday
morning March 28, Flat dressed sales are steady at 335.00 with Grid
dressed sales late last Friday after 3:00 PM at 340.00, Friday morning
2.00 higher 342.00.  Negotiated cash trade so far this week has been slow
to develop as producers are not interested and passing lower bids.  This
will be the seventh week of sharply lower slaughter volumes with
estimated slaughter this week at 590,000-595,000.  Slaughter reductions
have enabled packers to move cut-out prices higher giving producers
reasons to hold out for higher prices.  Comprehensive carcass weights the
weighted average for both steers and heifers were up 2 lbs from last week
to 915 lbs, but 30 lbs above last year at this time.  Choice boxed beef
prices have been on a tear this week gaining near 10.00 on Choice but
finding resistance on Thursday as Choice boxed-beef closed 2.58 lower at
335.72 with Select closing 2.91 higher at 319.44 with a Choice-Select
spread at 16.28, compared to last Friday’s close with Choice at 325.45
and Select at 309.62.  Slaughter Cattle under Federal inspection on
Thursday was at 485,000, last week 440,000 and last year 480,000.  The
hide and offal value from a typical slaughter steer on Thursday was 11.58
per cwt up .16 cents when 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)  4 loads Flat Friday 335.00.

Grid Dressed Sales:  (over 80 percent Choice)  2 loads late last Friday
after 3:00 PM at 340.00.  Friday morning 2 loads 342.00.

Source:  MO Dept of Ag-USDA Market News Service, Perry, MO
         Greg Harrison, Market Reporter