Market Intel

Beef Wrap June 10

Download PDF The beef cutouts continued higher this week, with the Choice gaining $3.81/cwt and the Select up $0.41. The cutouts started to struggle some near the end of the week and that makes me think that the early week gains were at least partly a function of the short kill the week before. The …

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Pork Wrap June 3

Download PDF The hog and pork complex continued along its upward path this week, with the cutout adding $2.45/cwt on a weekly average basis and the NDD negotiated hog market gaining $3.15. Negotiated hog prices are rising because of the seasonal tightness in the hog supply that is causing packers to have to dig a …

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Beef Wrap June 3

Download PDF The cash cattle market continued lower again this week, averaging$137.84, which was down about $1.25 from last week’s average.The holiday on Monday reduced beef production for the week andhelped to support the cutouts. The Choice cutout added $3.17/cwt ona weekly average basis and the Select was up $4.39/cwt. Futurestraders were excited to see …

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Beef Wrap May 27

Download PDF The cash cattle market continued its decline this week, losing about$1.50 on its way to averaging $138.93. The Choice cutout gainedjust over $3.00 on the week, but the Select cutout was down $0.88cents. That makes two weeks in a row now that the Choice cutouthas printed higher for the week. Users were likely …

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