A moderate cattle trade developed yesterday in most areas with live sales from 92.50 to 93.00, 2.00 to 2.50 lower than last week. Dressed sales in the North ranged from 147.00 to 148.00, 2.00 to 3.00 lower than last week. We could see more sales today with asking prices on the cattle still on the show lists around 94.00 plus in the South and 149.00 to 150.00 in the North. Choice boxed beef is down 1.88 at 151.51, and select is .49 lower at 145.25.
Feeder cattle receipts at Missouri Auctions this week totaled 22,041 head. Compared to last week, feeder steers sold mostly steady, heifers weighing less than 650 pounds were 2.00 lower to 2.00 higher, heifers over 650 pounds steady to 2.00 higher. Feeder steers medium and large 1; 568 head averaging 577 pounds traded at 126.33 per hundredweight. 366 heifers averaging 573 pounds averaged 114.25.
Barrows and gilts in the Iowa/Minnesota direct trade opened 3.13 lower at 79.57 on a carcass basis, the West was down 2.76 at 79.76, and the East is 2.44 lower at 82.22. Missouri direct base carcass meat price is steady at 74.00 to 75.00. Today’s kill is predicted to be cut to 365,000 head with the Saturday slaughter at only 15,000 head.
For updated market information throughout the day tune to your local Brownfield radio station affiliate.

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