 
P: 573.817.0899
F: 573.817.0889 john@mobeef.com Missouri Beef Industry Council 2306 Bluff Creek Drive, #200 Columbia, MO 65201 |
 Week of June 14, 2010This Week in Missouri:
Sharing the beef production story was the goal at the first Farm 2 Table event hosted by the University of Missouri's U-Club restaurant and Campus Dining Services this weekend. Topics ranged from urban agriculture techniques to modern beef production which MBIC brought to the table. Moderated by Dawn Thurnau, MBIC Marketing Directory, a panel of producers explained each facet of the beef business and answered questions. Sally Angell, Centralia, discussed cow-calf production, Nick Hammet, Columbia, discussed feedlots and finishing cattle and Dr. Craig Payne, DVM from Columbia, discussed Beef Quality Assurance, humane slaughter practices and prevention of food-borne illnesses. CattleFax Report The fed cattle market was quoted $1.50 to $2.50 lower last week with cattle selling for mostly $92.50 to $93 live and $1.50 dressed. Trade volumes were light to moderate. The boxed beef market was softer as well, led by lower prices for Loins and Rounds. Slower demand resulted in lighter movement for that side of the business. Feeder cattle and calf values were unevenly steady for the week. Overall demand for replacements is staying strong as available supplies begin to slow. Cattle are remaining on grass until later in the summer or the fall. Slaughter cows were $1 lower, reflecting slowing demand for trimmings. Corn prices were higher late week as the USDA increased ethanol usage in its latest report which will lower existing supplies. |
