Carcass quality spreads widen on seasonal demand MARKET UPDATE In the last CAB Insider, we reported on a rapidly retreating fed cattle market scenario. However, much has changed in the two-week interim. Last week’s $1 to $2/cwt. advance is just a fraction of what many...
Select carcass value pressure MARKET UPDATE The fed cattle price recovery that has been painstakingly built since early September has eroded in an extraordinary decline over the past two weeks. All facets of the beef supply chain have acknowledged the fed cattle...
Closing the books on a rollercoaster year MARKET UPDATE Fed cattle prices have steadily increased since the second week in September, adding roughly $7/cwt. to the short-term low at that time. Last week saw early trade mostly at $108 to $109/cwt., with a small amount...
Prime roars back Market Update Last week’s trade featured what cattle feeders hope is a trend reversal, with a $1 to $2/cwt. increase across major feeding regions. The Cattle on Feed Report published last Friday revealed a second consecutive record-high beginning...
CAB carcass specifications expanded MARKET UPDATE The past two weeks have brought more weakness in the cash live cattle market. After touching the $106/cwt. mark in mid-August, the upward momentum was lost. Last week’s trade saw prices dip by $1 to $2/cwt., even...
CAB Tonnage up, premium spike emerges MARKET UPDATE Seven weeks of slight improvements in fed cattle pricing came to a halt as packers paid $1 to $2/cwt. less for fed cattle last week. The USDA Cattle on Feed Report, published the Friday before, had some influence,...
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