MO Dept of Agriculture- Market News Jefferson City, MO July 31, 2026 Week: 240 Last Week: 200 Last Year: 280 These prices acquired from Missouri producers, Trading as of this Friday morning July 31, trade so far this Friday morning is light with Flat dressed sales steady with last week at 365.00, with Grid dressed sales inactive. The fed cattle market so far this week has seen very light sales a few in the Northern Plains at 232.00-233.00 which would be 2.00-3.00 higher and a few 365.00 dressed. Cattle feeders have seen a large drop in prices over the last three weeks, as the month of July has seen a 30.00 dollar drop in prices. Last week's slaughter was 528,000, up 3,000 from previous week and 26,000 less than a year ago. Comprehensive carcass weights, the weighted average for both steers and heifers were at 945 lbs, up 1 lb from previous week and 32 lbs above last year at this time. Choice boxed-beef is seeing the "dog days of summer" as prices are declining with the fall of the fed cattle prices as seasonal pressure is being felt. Choice boxed-beef on Thursday closed 2.93 lower at 360.50 and Select down 1.08 at 341.33 with a Choice-Select spread widening at 19.17. Compared to last Thursday’s close with Choice at 362.87 and Select at 348.75. Slaughter Cattle under Federal inspection on Thursday was estimated at 407,000, last week 411,000 and last year 443,000. The hide and offal value from a typical slaughter steer on Thursday was 14.24 per cwt 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 Steers and Heifers (80 percent Choice) 6 loads Flat Thursday 365.00. Grid Dressed Sales: (over 90 percent Choice) No sales. Source: MO Dept of Ag-USDA Market News Service, Perry, MO |