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Jun 25, 2015
Video

Meat Market Update | Cutout price drop continues in the midst of grilling season

The Comprehensive or Weekly Average Choice Cutout was $2.66 higher after losing $14 in the previous two weeks, but total volume has held up very well on this rising market. Meat buyers were in the midst of buying product for two big grilling holidays Father’s Day and the Fourth of July....More
Jun 25, 2015
audio

Weekly Cattle Market Wrap-Up | Dog Days of summer boost slaughter cow prices 1

The feeder cattle prices were lower, following the decline in finished cattle prices and volume is taking its normal seasonal downturn while cattle are turned out on pastures. Pasture conditions in the Southern Plains are the best that we have seen in years allowing for more cattle to be turned out....More
Jun 18, 2015
audio

Weekly Cattle Market Wrap-Up | Feeder cattle receipts decline during normal summer slump

Receipts dropped quite a bit this week which is normal during the summer months when cattle are turned out on pastures. Prices were very mixed and uneven, yearling steers were steady to $2.00 higher as buyers fought over the more limited receipts, but yearling heifers showed weakness....More
Jun 18, 2015
video

Meat Market Update | Choice Cutout continues steep decline

The Comprehensive or Average Choice Cutout continued on a steep decline posting the second week in a row of over $7 lower....More
Wes Ishmael
Jun 13, 2015
audio

Cattle Market Weekly Audio Report for Saturday, June 13, 2015

Feeder cattle buyers continue to battle in the ultra-competitive yearling market, especially in the Southern Plains. Yearlings sold steady to $3 per cwt higher. There were instances on $5-$7 higher in the second half of the week, according to the Agricultural Marketing Service (AMS). A narrow and scattered calf offering wobbled ahead unevenly from steady money to $5 higher to $5 lower....More
Jun 11, 2015
video

Meat Market Update | Meat prices drastically drop of heels of falling rib & loin

The big news this week was that prices drastically dropped on the heels of the falling rib and loin prices, but volume picked up as retailers prepare for Father's Day. Father's Day, which is the next major grilling holiday, should promote more volume and better prices. Out-front sales don't get delivered for at least 22 days and this week's out-front sales are aimed at Fourth of July, but were lower in prices....More

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