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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

 

Meat Market Update | Prices decline as meat buyers remain cautious

2016-05-05 16:27:00| Beef

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. By Ed Czerwien, USDA Market News Reporter read more

Tags: market prices update remain

 

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