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Tag: beef price
Meat Market Update | Beef Cutout Price Rally, Volume Decline
2014-11-06 19:23:00| Beef
The weekly average Choice Box Beef Cutout price increased following the rally in the Daily Cutout, but volume declined dramatically in every category. Total volume was down almost 1,000 loads compared to the previous week. Ed Czerwien, USDA Market News read more
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Industry At A Glance: Beef Price Spreads Prime Explodes Over Select
2014-09-22 22:40:00| Beef
Over the past several weeks, we have focused on some of the more important dynamics occurring within the wholesale market over time, with a primary focus upon the volume and revenue trends more affected by the consumer side. This week, we’ll look at the production side, in particular price spreads, which are one of the key factors within the boxed-beef market that drive business decision-making at the production level. read more
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Fed Cattle And Beef Price Moves Higher
2013-10-19 16:33:00| Beef
Cash fed cattle finally broke past $130/cwt. and beef prices continue to strengthen, but the market remains unconvinced that this is the bottom rung of a new seasonal plateau. Market chatter suggests Thursday's cash trade at $130 is probably the most packers will pay for quite a while," says John Otte, Penton market analyst. "Everybody in the industry was waiting for the price to hit $130. Once it did, everybody started to liquidate long positions. Packers will come in and say that cattle are too high compared to beef, so we're probably in for a two-to-three-week correction in the cash and the futures. read more
Beef Demand Will Determine Supply-Side Price Strength
2013-03-30 15:33:00| Beef
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Beef King Sees Cattle Price Rebound Amid Shrinking Herds
2013-03-12 20:35:19| Food - Topix.net
U.S. cattle prices will rebound to a record this year as a recovery in the world's largest economy stokes demand for red meat, top beef producer JBS SA said.