Beef Wrap February 03
Download PDF Cattle feeders ended up taking lower money in the cash market again this week, as average live prices were down about $1.50/cwt. from the week before and averaged a little over $155/cwt. The beef market also slipped lower too, with the Choice cutout losing $6.86/cwt. and the Select dropping $2.57/cwt. Packer margins compressed …
Pork Wrap February 03
Download PDF If there is one thing about the hog and pork complex so far in 2023, its that prices have shown an amazing lack of volatility. Take the cutout, this week it managed to gain $0.05/cwt. Not exactly an exciting time series. The LHI gained almost six times as much as the cutout at …
Pork Wrap January 27
Download PDF A glimmer of hope came to the hog and pork complex this week as both the cutout and negotiated hog markets posted a tiny increase. The cutout added $0.86/cwt. on a weekly average basis and the WCB negotiated price gained $0.47/cwt. Market participants are trying to discern if this is the true bottom …
Beef Wrap January 27
Download PDF Cattle feeders ended up taking lower money in the cash market again this week, as average live prices were down about $1.50/cwt. from the week before and averaged a little over $155/cwt. The beef market also slipped lower too, with the Choice cutout losing $6.86/cwt. and the Select dropping $2.57/cwt. Packer margins compressed …
Beef Wrap January 20
Download PDF Cattle feeders ended up taking lower money in the cash market again this week, as average live prices were down about $1.50/cwt. from the week before and averaged a little over $155/cwt. The beef market also slipped lower too, with the Choice cutout losing $6.86/cwt. and the Select dropping $2.57/cwt. Packer margins compressed …