Direct Slaughter Cattle - Mexico, Missouri
USDA - Fri Aug 10, 11:36AM CDT
Jefferson City, MO    Fri Aug 10, 2018  MO Dept of Ag-USDA Market News

Missouri Weekly Direct Slaughter Cattle (week end 08-10-2018)

Confirmed Sales:

  Week to date: 520       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 packers and feedlots remain in another weekly 
standoff with most producers passing bids.  Dressed Flat prices on 
Thursday sold at 176.00 with late last Friday grid sales at 180.00.  CME 
cattle futures again started the week pretty bearish and so far the rest 
of the week have been no help.  Thursday saw cattle futures open lower ad 
then everything turned sour fast.  Packers need to maintain inventory, 
but are sure to exercise buying discipline and attempt to shave off some 
money when possible after last week�s higher market at mostly 114.00.  
Early week trade again this week has been limited but at lower prices.  
On Thursday cash trade in the Northern Plains was mostly on a dressed 
prices ranging from 175.00-179.00, trade in the Southern Plains remains 
inactive at this time.  Choice boxed-beef on Thursday closed .33 cent 
higher at 206.06 and Select closed .77 cents lower at 198.09 compared to 
last Friday�s close with Choice at 204.75 and select at 197.09.  The hide 
and offal value from a typical slaughter steer on Thursday was estimated 
at 9.25 per cwt live, down .02 cents when compared to Wednesday�s value.    

Live Sales: 
Slaughter steers and heifers: (over 80 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 (Weight only)      
   Steers and Heifers: (80 percent Choice)  Thursday 8 loads Flat 176.00

(Grid) Grade and Weight Carcass: (over 80 percent Choice)  late last 
Friday 5 loads 180.00.   

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

0730cdt md