Home Meat Market Update | Formula sales moderate wild swings in price
 

Keywords :   


Meat Market Update | Formula sales moderate wild swings in price

2014-12-11 15:48:00| Beef

The Comprehensive Choice or average cutout was only $.55 cents lower on the heels of a daily spot Choice cutout that was $4.86 lower by Friday. The cutout was buffered by the formula prices which represented 53 percent of the total sales. Many of the formula sales are priced off of previous sales so they tend to moderate wild swings in prices. Ed Czerwien, USDA Market News Reporter read more

Tags: price sales market update

Category:Agriculture and Forestry

Latest from this category

All news

05.11Delayed implementation of EID eartag rule requested
05.11Why forage is the cornerstone of a working ranch horses diet
05.11American Angus elects 2024-25 board leaders
05.11Brazil gives green light to medicinal use of Cannabis in animals
05.11Farmer sentiment in October rebounds ahead of the U.S. election
05.11We might not like it, but overhead must be evaluated
05.11Phibro Animal Health completes acquisition of Zoetis medicated feed additive portfolio
05.11November/December 2024 Digital Edition of National Hog Farmer now available
Agriculture and Forestry »
06.11Hurricane Rafael Update Statement
06.11Summary for Hurricane Rafael (AT3/AL182024)
06.11Warning millions will struggle to pay water bill rises
06.11Atlantic Tropical Weather Outlook
06.11Tropical Storm Rafael Graphics
06.11Tropical Storm Rafael Public Advisory Number 9A
06.11Summary for Tropical Storm Rafael (AT3/AL182024)
06.11Eastern North Pacific Tropical Weather Outlook
More »