Feeder cattle receipts at the test auctions were 33,000 head, which was about double last week because of the Memorial Day holiday, but last year there were 42,000 head. The prices were steady to $5 higher....More
The weekly average Choice cutout dropped 1.59, but Choice Rib and Loin steak sales continue to help keep the cutout from dropping lower. The Choice Select spread ended the week to over 24 dollars last Friday, which is double of last year and indicates good demand for steaks for grilling....More
The holiday shortened week reduced receipts to less than half of the previous week, but prices were $1-8 higher, rebounding after the initial impact of the high Cattle on Feed placement numbers....More
The average Choice cutout continued to get higher even though the daily spot Choice cutout declined a little. Also, the volume of sales increased as buyers ordered product to refill shelves after Memorial Day sales along with booking product in the out-front sales for the Fourth of July holiday. The Choice primal rib and loin prices continued to improve, reflecting the fact that grilling steak sales were good....More
The Comprehensive or weekly average Choice cutout was $8.32 higher this week on the heels of the daily spot trade price rally as well as quite a few formulas that were priced off of last week's even bigger spot trade jump....More
This past spring, the Kansas Livestock Association (KLA) hosted a farm tour, which was organized by Greenwood County CattleWomen. Nearly 100 consumers from the Wichita area participated in the educational event.