Download PDF The cash cattle market moved a little lower this week, but for allpractical purposes it remains stuck in the $138-139 range it has been insince early March. The cutouts continued higher, but at a little slowerpace than expected. The Choice cutout added $4.41 on a weeklyaverage basis and the Select cutout was up …
Download PDF The beef markets continued higher this week, with the Choice cutoutgaining $5.06 on a weekly average basis and the Select adding$6.22. As you might expect for this time of year, it was the middlemeat primals that led the cutout higher, but both cutouts were alsohelped by soaring 50s prices. In the past two …
Download PDF Price direction in the hog and pork complex isn’t very easy to discernright now. Last week it looked as though the combined margin mightbe making a bottom and we were on the cusp of a new upcycle indemand. This week however, the market didn’t follow through andthat raises the potential that it was …
Download PDF The beef cutouts continued to work higher this week, althoughprobably at a slower pace than most were expecting. The Choicecutout added $3.69 while the Select was up $2.40. Cash cattletraded mostly steady, averaging $138.96, about $0.50 above lastweek’s average. Packers reloaded their cattle inventory this week,buying the largest number of negotiated cattle in …
