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Meat Market Update | Is a price rally ahead?

2016-09-29 16:27:00| Beef

The big news is that we had increased sales on the heels of a firmer market which is a very positive item that often is a precursor to a price rally. By Ed Czerwien, USDA Market News Reporter read more

Tags: price market update ahead

 

Meat Market Update | Dropping cutout prices spur sales

2016-09-22 16:27:00| Beef

The weekly average Choice cutout was down $2.52 at $186.69 which was close to the daily Choice cutout close on Friday. Dropping prices spurred sales and refilled the shelves at the stores after the holiday pushing the sales volume higher. By Ed Czerwien, USDA Market News Reporter read more

Tags: sales market prices update

 
 

Meat Market Update | Cutout drops $7 on heels of declining beef cut prices

2016-09-15 16:27:00| Beef

The weekly average Choice cutout dropped over $7 on the heels of the declining beef cut prices. The weekly cutout has a tendency to go up and down more slowly than the daily cutout because of the formula sales. By Ed Czerwien, USDA Market News Reporter read more

Tags: market prices update cut

 

Meat Market Update | Drop in choice primal pressures cutout

2016-09-08 16:27:00| Beef

One of the main reasons for the drop was that the daily Choice rib primal dropped from $329 the previous Friday down to $307 this week which really put downward pressure on the cutout. By Ed Czerwien, USDA Market News Reporter read more

Tags: market update choice drop

 

Meat Market Update | Longer term forward contracts impact markets

2016-09-01 16:27:00| Beef

The out-front sales included a very big jump in longer term forward contracts that went from 160 loads the previous week to 767 loads. By Ed Czerwien, USDA Market News Reporter read more

Tags: market term update forward

 

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