Multimedia Library - Video

Jun 30, 2016

Meat Market Update | Choice middle meats drop in value

The Daily Choice Rib primal has dropped almost $50 in the past two weeks and the Choice loin has followed a similar path. This is part of a normal seasonal decline of the Choice middle meats during this part of the grilling season....More
Jun 23, 2016

Meat Market Update | Sales volume sees huge boost from Father's Day weekend

Sales volume was very good with 7,073 total loads sold -- the largest volume since October of last year. That big increase in volume indicates that beef movement for last week's big grilling holiday was good....More
Jun 16, 2016

Meat Market Update | Volume and prices up

We have been in the Father's Day shipping period since retailers were getting product to distribute for this big grilling holiday. We have a good increase in volume along with the increase in prices, which really shows how good the demand has been. Ribeye steaks continue to be a big item for Father's day....More
Jun 9, 2016

Meat Market Update | Rib, loin sales keep cutout from dropping

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
Jun 2, 2016

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
May 26, 2016

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
May 19, 2016

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
May 12, 2016

Meat Market Update | Average choice cutout lower again

The daily and weekly avg choice cutout were both quite a bit lower again this week since meat buyers had been extremely cautious watching the big discount that the June CME Live Cattle had compared to the April before it closed out....More
May 5, 2016

Meat Market Update | Prices decline as meat buyers remain cautious

Prices continue to decline since meat buyers have been extremely cautious, buying product mostly hand to mouth only when they needed it. During the last six weeks, most of the out-front sales have been at lower prices compared to the current prices each week....More

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