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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 | Daily Spot Choice Cutout starts to rebound

2016-04-14 16:27:00| Beef

We have actually been following very closely the 2014 movement of the Choice Cutout, which endured a brief decline in the early part of the grilling season just like this year. By Ed Czerwien, USDA Market News Reporter read more

Tags: market update daily choice

 

CME: Pork Cutout Value Showing Strength

2016-03-31 02:00:00| ThePigSite - Industry News

US - The pork cutout value has shown some strength lately, relative to last year’s depressed levels. For the week of 3/25/16 the national pork cutout value, reported by USDA-AMS, was $76.20 per cwt. compared to $67.02 one year ago, write Steve Meyer and Len Steiner.

Tags: showing strength pork cme

 

Meat Market Update | Easter ham sales hinder Daily Choice cutout rally

2016-03-24 15:27:00| Beef

The Comprehensive Choice cutout, which is the weekly average, continues to jump and was $6.65 higher, climbing on the heels of the tremendous Choice Rib and Loin rally. By Ed Czerwien, USDA Market News Reporter read more

Tags: sales market update daily

 

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