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Meat Market Update | Rib, loin sales keep cutout from dropping
2016-06-09 16:27:00| Beef
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. By Ed Czerwien, USDA Market News Reporter read more
Tags: sales
market
update
meat
Meat Market Update | Average choice cutout continues higher
2016-06-02 16:27:00| Beef
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 outfront 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. By Ed Czerwien, USDA Market News Reporter read more
Tags: market
average
update
higher
Meat Market Update | Choice cutout higher this week
2016-05-26 16:27:00| Beef
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 were priced off of last week's even bigger spot trade jump. By Ed Czerwien, USDA Market News Reporter read more
Tags: week
market
update
higher
Meat Market Update | Daily Choice cutout rally continues
2016-05-19 16:27:00| Beef
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. By Ed Czerwien, USDA Market News Reporter read more
Tags: market
update
daily
choice
Meat Market Update | Average choice cutout lower again
2016-05-12 23:26:00| Beef
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. By Ed Czerwien, USDA Market News Reporter read more
Tags: again
market
average
lower
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