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Cold weather, grade expectations

Cold weather, grade expectations

Cold weather, grade expectations MARKET UPDATE Fed cattle prices were steady in the first half of February, averaging $114/cwt. in each of those two weeks. Live Cattle futures contracts have been pricing higher this month despite choppy movement since late last week....
Carcass value shifts, a sign of the times

Carcass value shifts, a sign of the times

Carcass value shifts, a sign of the times MARKET UPDATE January fed cattle prices are normally choppy and so far we’re seeing that pattern in 2021. A primary difference this year, compared to 2020, is that last week’s average price is $14/cwt. lower, the same discount...
Branded prices gain on Prime in 2020

Branded prices gain on Prime in 2020

Branded prices gain on Prime in 2020 MARKET UPDATE Diving right in to the new year, we’ve already met some seaonal expectations in both cattle and beef prices. We’ve seen a bit of strength in the fed cattle market over the past couple of weeks as packers showed their...
Quality carcass spreads turn up early

Premiums high in a lower market

Premiums high in a lower market MARKET UPDATE We’ve seen a couple weeks of sideways trade in the fed cattle market, which has underperformed as we moved from November to December. The latest weekly price of $110/cwt. was 7.5% lower than a year ago, settling $1/cwt....