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Jun 2, 2016
video

Meat Market Update | Average Choice cutout continues higher

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
weekly cattle market outlook
May 26, 2016
audio

Weekly Cattle Market Wrap-Up | Feeder cattle prices lower

Big news lately is that fresh beef imports were down 43,000 metric tons in the past 9 weeks and that helped to drop beef supplies in the recent Cold Storage report....More
May 26, 2016
video

Meat Market Update | Choice cutout higher this week

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
weekly cattle market outlook
May 19, 2016
audio

Weekly Cattle Market Wrap-Up | Feeder market prices steady

There were very big runs of graze-out wheat pasture cattle again this week with almost 40,000 headd at our test auctions, which was 5000 head over last week, as well as last year. The biggest numbers were steers weighing over 900 pounds again this week. The prices were mostly steady....More
May 19, 2016
video

Meat Market Update | Daily Choice cutout rally continues

The weekly average Choice Cutout was only up 14 cents but the daily Choice cutout was up $14.82 by Friday and up another 9 dollars by Wed May 18. Many formulas are priced off of previous spot prices so the weekly average normally slowly follows the daily prices....More

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